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First, Elon Musk has proven he will spend his profits to help his companies, so those tens of billions of US dollars will be invested somewhere. He is not going
by RecycledEle 2y ago
First, Elon Musk has proven he will spend his profits to help his companies, so those tens of billions of US dollars will be invested somewhere. He is not going to just buy himself drugs and McLaren cars.
Second, always take Elon Musk at his word. He says Tesla's greatest opportunities are their Optimus android and their Robotaxi. Neither of those is a car Tesla will sell. So cutting back on producing cars as unsold inventory might be piling up is a good move. Most people could not imagine pivoting Tesla away from selling cars, but Elon Musk would do it after a few hours consideration.