$Tesla Motors(TSLA)$ at the age of the IPO, Musk did what every traditional car manufacturer had in its can, but didn’t for risk aversion. $General Motors(GM)$ BMW, and so on, had advanced EV pilots. The EV market boomed, then Tesla’s competitive advantage faded, and EM is desperately trying to do something to relaunch Tesla, but, while Waymo, and not only, delivers, at his last freaky event, he said “in 2026…”—> so, at least for 2 years, forget any revenue growth. In general, automotive, as a whole, is one of those with the fiercest competition.
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