alt Hacker News1. compare debt, tesla is cash rich while old OEMs are saddled with debt
2. compare growth opportunities, ie https://www.tesla.com/robotaxi - rollout is going well, and every cybercab produced nets what ? $25k/year? $75k/year? vs $5-8k once per car sold?
I don't like Musk, but this is the correct answer. So many people are trying to fit Tesla into the old OEM box but they are not a car company. They are a technology company that sells cars.
I don't know if robotaxi will take off, but if it does, it massively undercuts Waymo because the vehicles are just so much cheaper to make and are made in house.