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Tesla stock price has always been valued on “Next Big Thing”. Its robotaxi/fsd is falling flat so far. But robotics is new NBT. With 85% of robots sold in China, and massive manufacturing market share that is still growing, future robot sales will still take place there, and Chinese companies are already well ahead in humanoid and other robotics.
Also their gimmick, robot soccer and robot olympics events, even if not incredibly impressive, is a mass student training program in robotics future that just doesn’t exist in the west. China’s future robot dominance is completely assured because they care about making it happen. Tesla has 0 chance of success, and for a market, requires giving Tesla US monopoly on overpriced robots.
Wait is this really Telegraph article? No raging sinophobia in every paragraph and even touching grass?
Looks like we’re entering the acceptance stages of grief here.
“Their cost and the quality of their vehicles is far superior to what I see in the West,” Farley warned in July.
https://www.youtube.com/watch?v=qKa8mVOe5so Two years ago… have they really improved over Western cars since then?
Two years of progress in China is like two decades of progress in the west.
I don’t think linking a “China watcher” that exclusively makes videos on how China is going to collapse any minute now going back years is good evidencd.
Thanks for the archive version. Good read.
