I dont own tesla so have no stake in what happens, and I believe more in Nvidia than Tesla for robotics too. We will see.
Nobody can see the future. We will see.
Did you think I was talking about robots that already exist? It's kind of hard to miss that those exist I think.
Its because they make money buying whatever goes up, instead of holding selected companies for a long time.
Think about it. You could have made 150% by holding micron for three months. Big tech companies take five years to make that much. So that's why these investors have to jump on the bandwagon no matter what the fundamentals are.
They also sell as soon as it starts to show weakness, which is why micron dropped 30% in like 3 days.
I think they will exist in 10 years but they won't be making their largest profits from cars. It will be robotics, and only if they manage to beat every other tech company that will also go into robots...
Elon will get old soon too and what happens then with the company. It's all based on Elon Musks personality.
Maybe space exploration will take off and they will build moon bases and shit...
Enjoying Linux is a real feeling man. You may never have felt it...
You are overestimating how many people care about Elon since you are here on Lemmy where everyone cares deeply about it, seemingly.
I sometimes turn on the mainstream news on TV and I go "what the actual fuck is this".
Doesn't happen often since it's so disgusting but sometimes when I'm at hotels or such.
Tesla is a hype stock and is based on hopes and dreams. Maybe it will get there but probably not. If Elon gets sick or quits, the entire company doesn't have a chance.
I would say there is a very big chance of that happening in the next few years.
The next big wave is probably robotics and tesla could have a chance there though to once again rise. But many other tech companies want the same market.
It's the same reason why other tech companies are falling too, like alphabet. The giant spending on AI surprised the market, which is strange, since it hasn't been a secret. But the stock market is always over-reacting, which is why it's easy to make money long term.
People without experience get scared and sell their stocks, until they get the needed experience to either sell and buy something on the way up, or don't sell and wait it out.
Elon is the one deciding everything so yeah, I can't see how some random ceo is going to have the same visions and drive to work all the time.