This article from TechCrunch discusses the challenges and opportunities facing Tesla as it continues to invest in autonomous driving technology. The article highlights several points, including:
- Increased competition: Other automakers are catching up with their own advanced driver assistance systems (ADAS), making it harder for Tesla to maintain its market lead.
- Self-driving goals: Despite Musk’s claims, the article notes that Tesla has yet to deliver on its self-driving promises and that regulators are becoming increasingly skeptical of the company’s timeline.
- Cult of Musk: The article suggests that Elon Musk’s celebrity status and social media influence have created a cult-like following around Tesla, which can help maintain the stock price even if the company doesn’t meet its goals.
- Investor opinions: Analysts from various firms offer differing predictions for Tesla’s share price, ranging from $26 to $2,000 per share by 2027.
Overall, the article presents a nuanced view of Tesla’s position in the market, highlighting both challenges and opportunities as the company continues to push the boundaries of autonomous driving technology.
