OK, so you think Tesla's manufacturing business isn't worth much and you're putting your faith in the ability of Tesla to catch up in autonomous systems. Not exactly. IMO, Tesla is agile in ways that few other automakers are. So, when it is obvious that AI is the future, and job losses will occur, Tesla can quickly go through the transition to maximize shareholder wealth.
You don't see Ford, or GM, or really any of the others doing that. Just look how long it has taken them to start transitioning to EVs, and they're still mostly producing crap compared with Tesla.
I continue to believe the replacement cycle for ICE vehicles will continue to lean on Tesla for direction and generating interest.
The bottom line is that Tesla has redefined the concept of building cars to in-house software engineering and the agility that comes with that. Tesla has a far more programmable car, and dumped the nonsense like massive drive trains, oil changes, transmission fluids and other absurdities of the motor vehicle business. And no one is really that close to them in tech terms.
Tesla will, I think, continue to innovate while the rest are just trying to figure out how to keep up, and not doing that well at it. |
