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RoboFlop: Tesla's Cybercab Event Torched By Analysts And Investors (insideevs.com)

submitted 1 month ago by AmbiguousProps@lemmy.today to c/technology@lemmy.world

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Investors, analysts and the general public seem deeply unimpressed with Tesla's robotaxi event earlier this week.
Tesla's stock closed down 8% on Friday, when it was supposed to be a propulsive event for the company.
CEO Elon Musk has vowed to make Tesla into an AI and robotics powerhouse, but proof of this plan feels in short supply.

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[–] clutchtwopointzero@lemmy.world 67 points 1 month ago (1 children)

He is constantly moving into the new thing and investors (especially institutional ones) must be noting the executive neglect

[–] WhatAmLemmy@lemmy.world 54 points 1 month ago (2 children)

It's about time, really. He went off the deep end 5-6 years ago and proved he was just an arrogant salesman; the engineers/workforce is what achieved the consistent, iterative successes in SpaceX and Tesla for the decade prior. Since then he's done nothing but pump the stock with hopes and dreams (and financial crimes), and he's probably been a negative weight on productivity in all of his companies.

[–] mipadaitu@lemmy.world 38 points 1 month ago (1 children)

Wonder what international event 6ish years ago brought that image to the forefront...

https://en.wikipedia.org/wiki/Tham_Luang_cave_rescue

[–] deegeese@sopuli.xyz 10 points 1 month ago

Pedo guy wanted to hog the spotlight with his billionaire death trap submarine stunt.

[–] scarabic@lemmy.world -4 points 1 month ago* (last edited 1 month ago) (1 children)

There’s little doubt that he squeezes high productivity out of people. He just does so in a combative and oppressive way that I wouldn’t want to be anywhere near.

I also believe that he pushes his engineering teams through problem solving challenges (which does not make him an engineer) by ruthlessly interrogating everything. That’s not salesmanship…. But I’m not sure what you’d call it. Product, maybe?

[–] AnxiousOtter@lemmy.world 2 points 1 month ago (1 children)

I'd call it a load of bullshit.

[–] scarabic@lemmy.world 0 points 1 month ago

Of course. He’s a jerk and we hate him now therefore everything he does must be utter bullshit.