"Ex-Stellantis CEO Carlos Tavares said in an interview recently that he believes Musk will see no future for Tesla's EVs, and will eventually bail on the development of them altogether (via Detroit News): "We can't rule out that at some point, he'll decide to leave the automotive industry to refocus on humanoid robots, SpaceX, or artificial intelligence. Elon Musk will have left the automotive industry.""
"He finished with a shock claim that Tesla won't even be around in ten years: "Tesla's stock market value loss will be colossal because this valuation is simply stratospheric. I'm not sure that Tesla will still exist in 10 years. It's an innovative group, but they'll be beaten by BYD's efficiency.""
"Musk saw the story shared on X and said that Tavares "has no clue," effectively dispeling the mentality that he could simply abandon such a crucial part of the company's product line and forget about the millions of people who have already bought the company's cars and invested into gathering data for its Full Self-Driving t"
A prediction claims Elon Musk will eventually leave automotive production to refocus on humanoid robots, SpaceX, or artificial intelligence. The prediction asserts Tesla could be outcompeted by BYD due to efficiency and face a colossal stock market value loss, with uncertainty about Tesla's existence within ten years. Tesla continues to prioritize self-driving technology and has invested heavily in Full Self-Driving and related data collection. The prediction was publicly challenged on social media by Elon Musk as uninformed. The prediction surfaced amid commentary about changes at Stellantis and corporate leadership transitions.
Read at TESLARATI
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