3 ms·
I'm as excited about this progress as anyone. But (1) Tesla's Megapack business isn't objectively that big compared to its other businesses, (2) while it may be
by matthewdgreen 3y ago
I'm as excited about this progress as anyone. But (1) Tesla's Megapack business isn't objectively that big compared to its other businesses, (2) while it may be big in the future, that assumes they don't face serious competition from cheaper suppliers, (3) Tesla currently seem to be hugely reliant on Chinese suppliers and factories to build its storage, with no immediate plan to change this, and (4) the Chinese government and battery sector has made clear that it intends to dominate these industries at any cost.
Saying "I'm not worried about this" is like saying you're not worried about a giant truck that's speeding directly at you. The question I'm asking in this thread is whether Tesla has a plan to avoid getting hit by it.
- toomuchtodo 3y agoI assume their plan is to continue to have the business run by the human equivalent of an AI reward maximizer. It has worked for them so far to have obsessive people in key leadership positions, and I would expect it to continue to work. Without material non public information from Tesla internal, hard to say either way, we can only speculate. Past performance does not guarantee future returns, but still valuable signal.