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> Tesla's competition should be carmakers. The CEO (and his board, and his shareholders) seem to be all on the same different page to you and I, that they're al
by andsoitis 1y ago
> Tesla's competition should be carmakers. The CEO (and his board, and his shareholders) seem to be all on the same different page to you and I, that they're all about AI and robotics now.
A company can choose to expand their market via new lines of business, surely!
- ben_w 1y agoSure, I'm just saying that they don't agree with you (or me) that their "competition are carmakers". They say this very loudly when you point at the P/E ratio being 30-60 times that of traditional car companies. I mean, their competition clearly are carmakers, because while Tesla talks about the robots they don't actually sell them — but the if the shareholders are happy and the board are happy then the CEO can make a bunch of remote control androids and fail to sell them for a few years while other people start eating their lunches.
- dzhiurgis 1y agoWhich of their competitor sell FSD?