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Optimus is a longer horizon promise that allows Elon to keep kicking the "can of untold profits" down the road. Tesla car hype has fizzled, robotaxi is currentl
by WarmWash 9mo ago
Optimus is a longer horizon promise that allows Elon to keep kicking the "can of untold profits" down the road. Tesla car hype has fizzled, robotaxi is currently fizzling, so the new promise is optimus. Elon sells dreams and visions, not really products.
Tesla absolutely cannot keep it's valuation without a promise for it's delusional stock holders or actual massive revenue streams.
- rvnx 9mo agoThis it could be the real strategy. Because the more credible promises you make, the more valuable is your company. If sales of cars are spiraling down, then what promises remain there to keep valuation ?
- calmworm 9mo agoThe hype to fizzle cycle is shortened with each new dream and approaching zero, which is the true value of the company.
- 5o1ecist 9mo ago[flagged]
- rootusrootus 9mo agoI think that the point of the comment was not that he does not sell any products, but that he predominantly sells dreams & visions, if you use TSLA market cap as a guide. If you look strictly at the products he sells, the valuation of his company ought to be somewhere between 50% and 100% of Ford. By that analysis it seems like TSLA is about 97% hopes and dreams.