There is a taxi company in Canada called Current Taxi. It has an all-electric fleet, or should we say, an all-Tesla fleet. The company is now hiring drivers. One of the perks, of course, is that you get to drive a Tesla. Current Taxi’s goals is to change the way of the taxi industry one ride at a time.
Tesla concepts of mobility outgrew legacy brands from the day the first Tesla rolled onto the market. The new company did not fit into any existing auto-manufacturer slot. Tesla jumped away from the crowd conceptually, and as we can see by now, landed on its feet.
As a CEO of a large global automaker, you have a huge problem of existential dimensions. If you don’t solve it, it’s not just your job that’s lost, but you will be remembered as the person who is responsible for a century-long proud legacy ending.
An idea for Tesla’s Sentry Mode would be to make it crowdsourced, which could be called “Super Sentry” or “Crowd Sentry.”
Volkswagen is launching into what could be a huge electric decade that reinvents and rejuvenates the large global automotive group. Yes, the Volkswagen ID.3 — which is sort of supposed to be the VW Beetle or Golf of this century — has some delays. Reinvention can be tough.
There is a long-standing argument about whether Tesla is a car company or a tech company. This argument is typically made in the context of how Wall Street should value the company. If Tesla is just a new kind of carmaker, it should be valued at something significantly less than its annual revenue — maybe 25% to 50%, like Ford and GM. Alternatively, if Tesla is a tech company, then it could be valued significantly higher. Google, for example, is trading at about 6 times its revenues today, Facebook at 8, Microsoft at 9, and Salesforce at 10 times. Tesla trades at around 3 times its revenues with some profits, while Uber and Lyft trade around 4 times revenues and have never been profitable.
Over the last couple of days, as Tesla continues on this monstrous run, the media seems to have been noting that Tesla is now more valuable than any US automaker’s market cap ever. (Tesla is currently almost exactly the market cap of Ford and GM combined, around $88 billion.) Even though I would now plant myself firmly in the “bull” camp, this is completely untrue, and I think it paints a problematic picture of Tesla.
Twitch, HBO, Comedy Central and several other streaming apps may be coming soon to Tesla’s in-car entertainment systems.
The Model Y is the next technologically brilliant, useful vehicle that Tesla is putting into production for the masses to adopt, something in between the Tesla Model X and Tesla Model 3. It is like a mild but active middle child, needing little attention as it jumps into the flow of things.
Byton is stepping up its digital life by unleashing more of the potential its M-Byte has to offer at CES 2020. The company made a strong point to deliver more on its future user experience with a wave of content partners that spells the beginning of more to come.
