View Single Post
      07-14-2017, 12:08 PM   #62
Fundguy1
Major General
Fundguy1's Avatar
1994
Rep
8,339
Posts

Drives: 335 e93
Join Date: Aug 2014
Location: Orlando, fl

iTrader: (0)

Quote:
Originally Posted by Viffermike View Post
This. I've been telling people this since the original Roadster came out nearly 10 years ago, because Musk himself was saying the same thing at the time: Tesla is not a car company. It is an energy company that happens to be using cars as a test bed for technology.

The real question is in bold above. I personally think it will be phasing out user-operable cars at that point, if not sooner, because by then its battery, autonomous, and infrastructure businesses will far, far exceed the cars in revenue -- IF everything goes roughly to plan.

As for Tesla's value: Yes it's overvalued, and the Model 3 is absolutely key to Tesla's long-term viability. But not for the reasons most assume -- it's a mammoth social experiment, really, that is helping fuel (pun intended) what will sustain Tesla into the 2030s: batteries, autonomous vehicles, and a continued privatization of electricity delivery both in the U.S. and outside of it.

Remember: Though Tesla is a U.S.-based company with a focus on the U.S. market, it's vision is global. (Hell: throw Space X in there, and it's potentially Martian!) Just think what a country with large swaths of relatively new utility infrastructure like China could do ... or an overbuilt infrastructure like Japan's -- or a ready-to-be-developed one like India's (if it can ever figure out how to tax its citizenry). Musk is a visionary, yes -- and he's not just eyeing EVs, or just the U.S., or just anything. He's looking 20-40 years down the road, and always has.
I keep seeing this. I see a laundry list of ideas too. What ideas has he successfully brought to market and made a profit with for tesla? Saying is different than doing. Edison was probably our greatest inventor ever. Buthe only invented things he felt he could profit with and he had huge failures too like backing DC instead of AC current.