https://x.com/jczuleta/status/1780315102513664471
1. If you're right, then #Tesla is wrong. 2.
This means 2 things. 1)@elonmusk is truly afraid of Chinese competition in the global automotive industry. And 2) he's underestimating #Tesla's capability to produce a competitive low-cost EV.
3. Expect low-#lithium prices for long.
-------------
Elon Musk is pushing Tesla to go all-in on Robotaxi.
From everything that happened in the last few weeks, speaking to a few new sources, if it wasn't clear before, Elon has pushed Tesla to go all-in on self-driving. - Cheaper EV program, NV9, postponed. - Robotaxi timeline accelerated - Rush to build new data center at GFTX - billions spent on compute power
If Tesla can't make self-driving work, it will have a minimum of three years without meaningful growth in deliveries because of this focus on self-driving. I get it, to a degree. AI is moving at incredible speeds right now, and there’s this feeling that technologies will move a lot faster because of it. Many tech leaders are rushing to attach their companies to its growth. I’ve had FSD Beta in my car for 2 years now, and it didn’t feel to me like FSD was improving at AI speeds, if at all, but I’ve had v12 for a week now, and I have to admit that this is a meaningful improvement.
But Tesla FSD needs a lot more than a meaningful improvement to truly become self-driving. The idea is that the AI rate of improvement will help it get there fast, this is a huge bet. If it doesn't work, Tesla will simply not be the dominant player in the post-electrification auto industry that it was on the path to become. Elon is basically saying: Tesla wins self-driving or nothing. To be fair, he warned us all about it. He said: "Tesla is worth nothing without self-driving". Now, we can confirm it with the recent moves at Tesla. He set up the company to be like that whether you like it or not.
- Forums
- ASX - General
- EV/Lithium
https://x.com/jczuleta/status/1780315102513664471 1. If you're...
- There are more pages in this discussion • 149 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
The Watchlist
RDN
RAIDEN RESOURCES LIMITED
Dusko Ljubojevic, MD
Dusko Ljubojevic
MD
SPONSORED BY The Market Online