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https://freedium.cfd/https://medium.com/predict/we-are-watching-the-death-of-tesla-04639adfdb7b>
"It's fair to say that Tesla's 'We, Robot' event was a total car crash, and
barely even metaphorically. It was more akin to FSD fatally steering a Tesla
into a bridge at highway speeds — a totally avoidable mess caused by
misinformed people with a massive overreach of reckless power. The event was so
bad that Tesla's shares have lost a staggering $60 billion in value. And that
is just the beginning. You see, the 'We, Robot' event uncovered the deadly rot
at the core of the American giant. Tesla is dying, and here is why.
Before we dive into the shitstorm that was 'We, Robot,' we must understand the
context for how important this event was. Musk forced Tesla to sacrifice pretty
much everything that gave the company a market advantage to bring fully
autonomous cars and robotaxis to the market. The fast charging network that
made Teslas the first usable EVs, gigacasting development that made Teslas
affordable, and even new vehicle development crucial to fleshing out Tesla's
sparse and ageing lineup have been wholly dispanded or outright demolished to
save money and pump more funds into Tesla's self-driving AI. This is nothing
new; Musk has prioritised the AI drive over crucial developments such as
Tesla's 4680 battery, which was meant to give them a considerable leg-up but
has mostly been a complete letdown thanks to slow development caused by this
redirection of funds.
This has enabled the competition to catch up or even overtake Tesla in terms of
price, specs, and profitability. As such, Tesla's EV market share is tumbling
and is only set to fall further. So, in order for Tesla to keep its wildly
overvalued market cap and position in popular culture (which is vital to Musk's
brand and ability to raise money), it has to bring fully autonomous
self-driving cars and robotaxis to market ASAP.
This event was a chance for Tesla to show that they can deliver on this promise
— not just show off some cruddy concept vehicle with technologies that don't
yet exist and provide unfounded placation as to when this will come to market
like Musk has done time and time again for well over a decade by now. So, did
Musk take this chance to prove the naysayers wrong and demonstrate some actual
substance?
Well, what do you think?"
Cheers,
*** Xanni ***
--
mailto:xanni@xanadu.net Andrew Pam
http://xanadu.com.au/ Chief Scientist, Xanadu
https://glasswings.com.au/ Partner, Glass Wings
https://sericyb.com.au/ Manager, Serious Cybernetics
