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points by abustamam 1 day ago | 0 comments

I don't like Musk, but this is the correct answer. So many people are trying to fit Tesla into the old OEM box but they are not a car company. They are a technology company that sells cars.

I don't know if robotaxi will take off, but if it does, it massively undercuts Waymo because the vehicles are just so much cheaper to make and are made in house.

[–] FabHK 21 hours ago

Just like WeWork is not a real estate company, but a technology company that does real estate. They had nearly $0.5m net income in 2016, but presumably the future is bright.

[–] abustamam 4 hours ago

Well sure, two things can be true though. I don't know much about the rise and fall of WeWork (I honestly didn't even think they were still around or relevant) but a fleet of inexpensive autonomous taxis in markets that have pricey uber fares seems like an incredible growth opportunity