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   atomicpoet (atomicpoet@atomicpoet.org)'s status on Friday, 26-Jul-2024 17:01:25 JST atomicpoet

   One of the greatest tricks companies use to justify high valuations is to convince potential investors that they’re a tech company.

   We saw this with Juicero. We saw this with WeWork.

   And I suspect that this is the case – to an obscene degree – with Tesla.

   At the end of the day, Tesla is a car company with an energy side hustle.

   Elon Musk might be talking about full self-driving, A.I., and robotaxis, but he has yet to deliver a tangible product based on any of those things. Until Tesla makes something that works, it is an automotive company and should be treated as an automotive company.

   • HistoPol (#HP) 🥥 🌴 repeated this.
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     SuperMoosie (supermoosie@mastodon.au)'s status on Friday, 26-Jul-2024 17:02:03 JST SuperMoosie

     in reply to

     @atomicpoet

     https://reneweconomy.com.au/tesla-makes-as-much-money-from-selling-one-megapack-battery-as-it-does-from-100-evs/