Elon could have spun off Tesla’s AI(FSD) into a separate company or created a new AI company that Tesla uses for their FSD. Instead, he’s pivoting Tesla, a fairly successful, if troubled car company that uses AI, away from producing cars. Why? I mean, this is consistent with his firings and division layoffs, but it seems like a dumb decision from the board’s/investors point of view.
Elon could have spun off Tesla’s AI (FSD) into a separate company or created a new AI company that Tesla uses for their FSD. Instead, he’s pivoting Tesla, a fairly successful, if troubled car company that uses AI, away from producing cars. Why? I mean, this is consistent with his firings and division layoffs, but it seems like a dumb decision from the board’s/investors point of view.
To pump up the stock with the next hype train now that reality is catching up to EV production.
Is tesla a fairly successful car company? Or is it an overvalued piece of shit memestock?