3 ms·

Hype is not a crime. It enabled Tesla to access cheap capital. But Tesla went too far and starting collecting money for something that won't work anytime soon a

by Zigurd 4y ago

Hype is not a crime. It enabled Tesla to access cheap capital. But Tesla went too far and starting collecting money for something that won't work anytime soon and possibly not within the lifespan of Teslas on the road now. The promise was "buy this car and soon it will self-drive" (and for Uber it was "Never mind we don't have a sustainable business model now, we will soon with self-driving").

macspoofing 4y ago
>The promise was "buy this car and soon it will self-drive" (and for Uber it was "Never mind we don't have a sustainable business model now, we will soon with self-driving"). OK - you can make that argument. The point I'm disputing is OP's statement that "Tesla, and even more Uber, were priced as if self driving cars are almost here." I don't believe that statement. That is, I don't believe that the valuation of either company was based on the idea that FSD was almost here.