> This isn't bad if you're the only one who can ship self-driving cars with acceptable quality and volume as you'd be disrupting the rest of the industry to fuel massive growth.
Fixing it:
This isn't too bad if you're the only one who can ship self-driving cars with acceptable quality and volume as you'd be disrupting the rest of the industry to fuel massive growth.
But you won't be the only one for long. And then the entire industry will downsize.
And Tesla is (1) the most susceptible to it, since most of the enterprise value comes from expectation of future growth and (2) it lags behind other makers in self-driving tech.
This isn't bad if you're the only one who can ship self-driving cars with acceptable quality and volume as you'd be disrupting the rest of the industry to fuel massive growth.
Steve Jobs was also famous for denouncing something right up until Apple had "the best on the market" of that same thing. It seems like standard CEO playbook.