Comment by abustamam
9 hours ago
I don't like Musk, but this is the correct answer. So many people are trying to fit Tesla into the old OEM box but they are not a car company. They are a technology company that sells cars.
I don't know if robotaxi will take off, but if it does, it massively undercuts Waymo because the vehicles are just so much cheaper to make and are made in house.
Just like WeWork is not a real estate company, but a technology company that does real estate. They had nearly $0.5m net income in 2016, but presumably the future is bright.