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To: roadcat
It was not Musk's intention to remain in the market selling cars. The guy is playing chess while you and others play checkers (or tic-tac-toe).

Not his intention? That's a very poor way to start a business. The mission statement most certainly always includes what the "leader' or founder intents to do with his business, in the long term. Any founder that states a goal of getting out or selling the business, undermines the whole company, and the stock is sure to take big hits.

Playing chess? You have no idea what chess involves, and as a chess player myself, who has a son being a master in the game, I'm pretty sure that Musk's game plan did not include selling or just being an outside observer of 'his baby'. Something as complicated as staring a business and getting it to thrive, is as challenging as being a chess-master. Once you reach a high-level playing field, you don't call it quits.

EVs were around before ICE vehicles. and there was/is a big reason why they didn't take off. Musk thought he had a better idea about how to make EVs work for the masses, but, that is a mission far too distant, and perhaps never to happen.

AI robots? Perhaps he can make it happen, but then, there are others in that field, and some that are more advanced than what Musk has produced so far. But, like I said before, the more the merrier and with more competition, the world can only benefit.

There are things that Tesla and other EV makers are not telling the buying customers, but, seeing the losses and retooling that's happening all over the EV industry, things are not looking good for EVs overall.

But, keep your chin up and hope for the best, but I would be very skeptical right now about EVs.
19 posted on 04/16/2024 7:50:27 PM PDT by adorno (CCH)
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To: adorno
Any founder that states a goal of getting out or selling the business, undermines the whole company, and the stock is sure to take big hits.

You have a lack of understanding of Elon Musk's thinking. His mission was to push the world into EVs. He is accomplishing that, successfully. His intention is to now shift into robo-taxis. Tesla will continue to build EVs, although the focus will be to build and utilize robo-taxis. That is where Tesla will make money on EVs in the near future. He believes that the public will shift to calling robo-taxis for transportation rather than be burdened with personal ownership of cars.

Myself, I will continue to enjoy owning my own vehicles. I have four, including one EV, and enjoy using and modifying them. But there is a segment of society who will not want to own cars. I also believe that EVs won't penetrate market share of vehicles beyond 40 percent, and that is where I differ with Musk and others who believe the world will shift to all EV use.

Keep an eye on August 8th this year. That is when Tesla will reveal the robo-taxi.

20 posted on 04/17/2024 2:22:45 AM PDT by roadcat
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