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gza_liquidswords t1_j058eue wrote

Reply to comment by weluckyfew in Tesla value as it relates to Twitter's purchase [OC] by datawazo

The more important point is that Tesla is not valued as an electric car company. This valuation might be $60-120B depending at most. Tesla's inflated valuation (was up to $1.2 trillion at one point!) is as a "tech" company, and that genius Elon will transform the world with his latest brilliant idea to make humanoid vacuum cleaners or whatever.

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between_two_cities t1_j06kmfr wrote

To be fair, turning the existing Tesla car-fleet into autonomous taxis that their owners can rent (with Tesla getting a cut) would be pretty revolutionary.

Sadly, seems like this is far from reality.

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gza_liquidswords t1_j06m3j0 wrote

I think not only if is far from reality, but it also never made sense why Tesla and Tesla alone would be able to pull this off. The answer is the myth of Elon the genius, who would somehow single handily pull off what many companies are trying to accomplish. In any case I think it slowly starting to "sink" in to most people that Elon is not a genius

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between_two_cities t1_j06mer7 wrote

Because it is a tech company. They offer tech company salaries to AI researchers. Compared with that, VW offered me something like 45k USD per year in my Central European country.

This service is not even of VW's radar.

There is only Tesla and Waymo who are even remotely near this goal.

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