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Comment by goethes_kind | Hacker News Reader

I disagree completely. Once you commit to a very well understood market like consumer vehicles, your growth potential is going to be much more grounded in reality, which means TSLA goes down, which means Tesla has less to work with. Secondly that is really not where their strength lies. Car manufacturing is a fairly competitive market so any innovations they can came up with will only result in a very temporary lead. Plus all the talent they recruited would be wasted if they were just building slightly up market EVs.

I could see Tesla branching out in many sectors and become something like the new Samsung/Siemens/Mitsubishi...etc.

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> I could see Tesla branching out in many sectors and become something like the new Samsung/Siemens/Mitsubishi

But that's almost the same thing - Mitsubishi nuclear, Nikon, and the car company etc. are run as individual companies under the same holding family.

If your going to make cars you need to try to make cars people want as well as you can or customers will buy elsewhere (like BYD in Asia)

Yeah Tesla totally doesn’t need to spin off its AI and let Musk become further distracted. It’s fine to be dabbling in all these things because it’s actually a cohesive vision that’ll come together eventually. Like he said on the call yesterday, the cars are just robots with wheels, and the robots without wheels are coming soon. Would just be good to have more focus from Elon, and more growth in general which seems like it will be coming lest their competitors get the better of them.

>Like he said on the call yesterday, the cars are just robots with wheels

Yes, Elon says that. What do your eyes tell you? My tell me they are just cars.

Kind of like how in 2021 Elon was telling the public on earnings calls that Level 5 FSD would be ready within a year, while the person in charge of Autopilot software and other executives were telling regulators that wasn’t possible. Three years later…

> coming soon

That’s Tesla’s favorite release date. “Soon” or “next year”

I think their favourite release date is by far "by the end of next year".

> the cars are just robots with wheels, and the robots without wheels

Will their cars also be able to do the washing up and their robots take me and the kids camping for a weekend?

No, their robots will.

So their cars aren't just robots on wheels after all. Who knew?

>I could see Tesla branching out in many sectors and become something like the new Samsung/Siemens/Mitsubishi...etc.

I guess that's the idea, but is it reality? They are starting to install a few batteries (Tesla Energy), which isn't far from their core business. But it's still a tiny part of their revenue. What else?

The energy thing is a weird talking point, because energy is _so_ commodified; if anything you'd expect an energy company to have a lower P/E than a car manufacturer.

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