Comment by ghc

6 hours ago

> Yeah 10 years ago.

Tesla unveiled the Roadster 20 years ago. That's plenty of time for other companies to catch up. They made a bet that once the battery moat evaporated the millions of miles of driving footage, powering affordable fully autonomous driving, would be their next moat. They failed, not because camera-based FSD is a silly idea (we drive with our eyes after all), but because it's a really hard problem. If they had won that bet, Tesla would justify its valuation. They didn't, and so we're left with the flailing of a doomed company.