- cross-posted to:
- evs
- cross-posted to:
- evs
- Investors, analysts and the general public seem deeply unimpressed with Tesla’s robotaxi event earlier this week.
- Tesla’s stock closed down 8% on Friday, when it was supposed to be a propulsive event for the company.
- CEO Elon Musk has vowed to make Tesla into an AI and robotics powerhouse, but proof of this plan feels in short supply.
Maybe Tesla should focus on fixing the quality of their current products before moving into other realms of production?
Eh, I think their current products are fine (except Cybertruck, that’s ridiculous). Every company has recalls, and Tesla’s are generally pretty mild (again, except Cybertruck).
The main issue is that Elon really likes to overpromise and underdeliver. If he would flip that, I think people would be a lot more excited about this event. But saying “start production in 2025, available in 2026” means nothing when he’s been off by years with previous announcements. IMO, he shouldn’t have had the event until there was a firm delivery date. And that doesn’t just mean build capacity, they should be substantially far into the regulatory process before even presenting it publicly.