How’s that 2016 promise of LA to NYC autonomous driving goal going for Musk? Or his Cybercab venture going? And the decision to not use LIDAR in his vehicles? Or the Cybertruck’s dismal engineering and sales?
- “(Scoffs). You’re an engineer? Yeah, right. What about that Challenger explosion? And how come you don’t put anyone on the Moon for 50 years? Engineer…”
That’s how your comment reads.
However...
https://en.wikipedia.org/wiki/List_of_predictions_for_autono...
making 31 public predictions about his self-driving cars over 20 years and only being right about one of them is not so clever.
> There is no objective valuation
Value investing is Warren Buffett's style, which is generally a backwards looking approach. It's not good at predicting transformative technologies. Such was no good at predicting the success of, say, Apple, Microsoft, Amazon, Facebook, etc.
And the other examples you ara giving…
Apple’s valuation went up as it was clear that Apple had a sustainable advantage and was going to see increasing revenues and profits going forward. Where are the companies that invented the modern smart phone?
Microsoft has a sustainable advantage that hasn’t been challenged in over four decades with operating systems, office apps and later cloud services. But their stock was in the doldrums in the 2000s when investors didn’t see a sustainable advantage with increasing revenues
Meta has also been volatile when investors didn’t see a sustainable advantage.
Amazon also has a moat
What does Tesla have?
It does more than cars. It's in the solar energy business, the grid scale battery business, AI, FSD, robotics, a global network of superchargers, home battery systems, etc.
Tesla shareholders voted to offer him a $1t compensation package over the next decade, provided he meets certain targets.
Again what is their moat? Waymo is much further along with self driving, they are a very distant also ran in AI and absolutely no company is going to choose them over anyone else, and their supercharging network is more anemic than you think it is in the vast majority if the US let alone the world.
China has shown its very capable when it comes to battery technologies and they have most of the rare earth minerals needed.
He fell off when he lost his egirl and became a drug addict.