Year over year sales are declining. Stratospheric stock price is propped up by promise of selling humanoid robots, a technology (and market) which are unproven.
Having approximately $44 billion in cash on hand is not a massive cash reserve for any company with the market cap of Tesla ($1.3 trillion). Even less so when you realize how capital intensive its current car and non-existent robot business is… The entire EV market is risky right now for margin compression as Chinese EV manufacturers are really pulling ahead. It’s pretty wild to see just how far they’ve progressed while the west mostly does nothing. Even Tesla hasn’t provided any real innovation in years in regards to their core business. And from what I can tell, they’re pretty much outright ignoring their auxiliary businesses.
If Optimus fails to impress, and gain traction, I’d seriously expect Tesla to end up a subsidiary of SpaceX within the next ten years as Elon tries to protect up his net worth.
Year over year sales are declining. Stratospheric stock price is propped up by promise of selling humanoid robots, a technology (and market) which are unproven.
I would not invest.
That's a no, it's business as usual except they have massive cash reserves.
Having approximately $44 billion in cash on hand is not a massive cash reserve for any company with the market cap of Tesla ($1.3 trillion). Even less so when you realize how capital intensive its current car and non-existent robot business is… The entire EV market is risky right now for margin compression as Chinese EV manufacturers are really pulling ahead. It’s pretty wild to see just how far they’ve progressed while the west mostly does nothing. Even Tesla hasn’t provided any real innovation in years in regards to their core business. And from what I can tell, they’re pretty much outright ignoring their auxiliary businesses.
If Optimus fails to impress, and gain traction, I’d seriously expect Tesla to end up a subsidiary of SpaceX within the next ten years as Elon tries to protect up his net worth.