One could argue that this is moment Tesla shifting away from a pure-play EV company and into an AI/Robotics/Data company, similar to Meta restructuring and changing its strategy to VR. Their stock,(META), has 5X since that switch.
Meta has 5X’d because they rode the hype wave of AI and Robotics. That hype wave is subsiding. Tesla has also severely underdelivered in these areas. “AI/Robotics/Data” is a smoke and mirrors show for them.
This is so interesting to me. I see his companies as an extension of him. Is this the right way to weigh them? Because he is extremely brittle, as a person.
Plus, the work is shoddy.
Comments
In the short to medium term? Yes. In the long term? You might still be right. This idealism can faulter.
Plus, the work is shoddy.