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.
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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.
I don’t think it’s productive to look for any poetic meaning in these things. All the concrete evidence is in front of people. It’s a fraudulent company run by a fraudulent individual.
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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.