Volkswagen Group has certainly recognized the importance of software, as I wrote at length in March. One highlight: “Volkswagen intends to in-house software much, much more than it ever has, going from developing ~10% of its own software to developing 60% or more of it by 2025.”
Tesla is in the game and changing it while the game is being played — it’s a never-ending game that advances the way we drive and makes being in your car as convenient as being on your phone.
Cathie Wood, the founder of Ark Invest, has repeated many times that in a recession or economic downturn disruptive companies gain pace and expand their competitive advantage versus incumbents.
Elon Musk may be a showman and a visionary, but he is unfit to be a CEO. His run-ins with the SEC, intemperate tweets, and a catalogue of missed deadlines show that he does not have the character or the competence to run a major public company.
Tesla is hiring AI leaders to keep moving Tesla toward fully self-driving vehicles.
Tesla is a tech company, not just a car company. Although, some still seem to believe otherwise. Joel Feder sparked a debate on Twitter by voicing his thoughts about Tesla. In his tweet, he says, “Reminder: Tesla is a car company. Tesla is not a tech company. It builds cars.”
Hip hop artist The Hyphenate not only makes a beat in Tesla’s TRAX, but he shows you how to use it, too. For those who get confused when looking at creation software like this (like me), this is vital. I personally would never open it because I would be overwhelmed and not know what I am doing and just mutter a few curse words and exit out of the app. But The Hyphenate walks us through it beautifully.
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.
Eli Burton, the creator of The Adventures of Starman, gives us his version of 2019’s top 10 Tesla moments.
Here is a list of just over 25 things that Autopilot can “see” in 2019, and Autopilot will be learning to see even better in 2020. There’s a vision joke in there somewhere, but I’ve kind of lost sight of it. Okay, I’m done.
