I simply believe in their continued innovation. They have great strategy their current strategy makes them dominate in a number of industries that are all gone grow massively.
And they have consistently made the right decisions. People on HN might not like their approach to development of Self-Driving but they have invested a huge amount in deep neural nets and all the infrastructure around, including their own chips. They might well be able to sell access to that chip for example.
Tesla is deep into batteries already and is building a huge team including research and vertically integration into the machines, mining, precurser production and so on. That expertise can eventually be used in a number of ways.
I believe Tesla in a few years will seriously go after electric flight. I believe they have the talent to pull that off, maybe in cooperation with SpaceX. Its the logical next step.
They have one of the world leading materials development departments as well, shared with SpaceX.
They have the electronics, software talent and manufacturing to go into many other industries as well.
I simply believe in their execution and strategy in the long term.
People said they were crazy to make their own cars, they should just go to a contract manufacturer. But then they wouldn't have 30% margin right now. This kind of story will repeat itself.
And they have consistently made the right decisions. People on HN might not like their approach to development of Self-Driving but they have invested a huge amount in deep neural nets and all the infrastructure around, including their own chips. They might well be able to sell access to that chip for example.
Tesla is deep into batteries already and is building a huge team including research and vertically integration into the machines, mining, precurser production and so on. That expertise can eventually be used in a number of ways.
I believe Tesla in a few years will seriously go after electric flight. I believe they have the talent to pull that off, maybe in cooperation with SpaceX. Its the logical next step.
They have one of the world leading materials development departments as well, shared with SpaceX.
They have the electronics, software talent and manufacturing to go into many other industries as well.
I simply believe in their execution and strategy in the long term.
People said they were crazy to make their own cars, they should just go to a contract manufacturer. But then they wouldn't have 30% margin right now. This kind of story will repeat itself.