From Patrick McGee posted at FT Alphaville:
When u think about it, it makes perfect sense.
This is a guest post from the FT’s San Francisco correspondent Patrick McGee. He is the “Me” here.
Me: Well, Tesla has done it: it’s worth $1tn! More valuable than the next nine carmakers COMBINED!
19Bull: OMG I knew it - 1m robotaxis on the road just as my man promised!
Me: Errr... No. None actually, but “Full self driving” is ...
19Bull: A full-blown reality — obviously!
Me: Well, 2,000 people are testing it but Elon says left turns don’t work. Might work tomorrow though! Couple bugs to fix.
19Bull: Still, can’t believe they solved autonomy. Imagine the faces of the people who doubted Elon!
Me: Oh they didn’t. It’s just called “full self driving.” It doesn’t actually drive without you. You gotta keep hands on wheel, eyes on road. But it only costs $10,000, so analysts are bullish of wide adoption....
....MUCH MORE
Very, very good.
Back in the day we used to call it create-a-corp. Just wait til you see what SpaceX will be talking about.