BYD is slapping the EV industry around like a gorilla, Tesla simply cannot compete in any meaningful way. Waymo has achieved profit per unit and people are happy to see driver-less taxis in their city and pay for the service.
Tesla also cannot justify valuations based on automotive sales/subscriptions alone - they were always going to have to pivot.
They're in a tight spot and they need to do something drastic.
Tesla also cannot justify valuations based on automotive sales/subscriptions alone - they were always going to have to pivot.
They're in a tight spot and they need to do something drastic.