alt Hacker NewsElon promised self driving cars in 12 months back in 2017? He’s also promising Optimus robots doing surgery on humans in 3 years? Extrapolating…………… Optimus is going to kill some humans and it will all be worth it!
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YeGoblynQueenne • today at 3:46 PM
Optimus could do surgery on humans right now if it wasn't for regulation that prohibits killing people off with robots.
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Elon is aware that Tesla insane market valuation would crash 10x if it stays a car company.
There isn't enough money and most importantly margin in the car industry to warrant such a valuation, so he has to pivot away from cars into the next thing.
Just to make an example of how risky it is to be a car company for Tesla.
In 2025 Toyota has had: 3.5 times Tesla's revenue, 8 times the net income and twice the margin.
And Toyota has a market cap that is 6 times lower than Tesla.
It would take tesla a gargantuan effort to match Toyota's numbers and margins, and if it matched it...it would be a disaster for Tesla's stock.
Hell, Tesla makes much less money than Mercedes Benz and with a smaller margin..
Mercedes has 60% more revenue and twice the net income. Yet, Tesla is valued around 40 times Mercedes-Benz.
Tesla *must* pivot away from cars and make it a side business or sooner or later that stuff is crashing, and it will crash fast and hard.
Musk understands that, which is why he focusing on robo taxis and robots. It's the only way to sell Tesla to naive investors.