Elon Musk and the chip shortage
After missing in action on the last earnings call, Elon Musk was back to give his take on Tesla’s Q4 call yesterday. As always, he added quite a bit of color to his analysis. Tesla’s “The auto industry, as many are aware, was plagued by a
He continues, “It’s just people panicked … and got every paper you could possibly wipe your ass with basically. … So [it was] an odd choice for people to panic about … if [the] end of the world is coming, having toilet paper is the least of your problems.” Loup Ventures’ Gene Munster comments on Tesla’s recent earnings call and his forecast for the future
On another front, once full self-driving is achieved, according to Musk, “if you run the numbers on robotaxis, it’s kind of nutty — it’s nutty good from a financial standpoint.” He continues, “the cars in the fleet essentially becoming self-driving by a software update, [which] I think, might end up being the biggest increase in asset value of any asset class in history.”
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