alt Hacker News> Starting up a car brand is orders of magnitude worse.
Tesla did it, and is more valuable than most other car brands added together. They had a novel product: a good EV that was fun to drive. Is that a unique situation? Could a truly autonomous car launch do it?
Your arguments make sense in themselves, but maybe underestimate the revolutionary value that a level 4 car would provide.
> Tesla did it, and is more valuable than most other car brands added together.
Half of Tesla's value is hopium, the rest of it is pure trust in that the current government will continue propping Elon up (even if he personally ran afoul of the Dear Leader). A lot of the promises Elon made, particularly when it comes to FSD, had to be tracked back and I don't see them ever coming to fruition - at least not for the cars that don't have LIDAR hardware.