Tesla Stock [TSLA] Is Basically Worth $0 If True Full Self Driving Isn’t Achieved

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The editor side of me that is very focused on using precise language actually disagrees with that statement in the headline, and stating something like that irritates me a little bit because of that, but it’s hyperbole to make an important point. And it captures the key issue I wanted to address in this article following other discussions this past week. Also, it doesn’t come from me. Elon Musk) in slightly different words nearly two years ago, in 2022.

If you follow discussions of TSLA bulls, it’s basically all about this now. It’s all about Tesla FSD getting to robotaxi capability. The funny thing is, that quote above could equally be used byto reinforce their perspective. They both think the quote is perfect to make their case. The side you are on all comes down to faith. I understand there are tech people who don’t think it’s a matter of faith, who think it’s a simple matter of obvious technological progress.

I think the reason for this “all or nothing” style of discussion is both because of how much money has been poured into TSLA and because of how polarizing Elon Musk is. A lot of people have put a large portion of their money into the company — whether that’s a few thousand dollars for a “normal” person or billions of dollars for a billionaire or a fund managing billions.

 

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