Tesla’s Grand Ambitions and the Specter of Decline
Musk envisions Tesla as the world’s most valuable company—a titan striding across the earth, unrivaled and supreme. This vision hinges upon the success of ventures like the Cybercab robotaxi, the Optimus humanoid robot, and the continued development of its Full Self-Driving (FSD) software. Yet for all the fanfare surrounding these futuristic gambits, the sobering truth remains: 74% of Tesla’s revenue still flows from its EV business, which appears to be teetering on the brink of collapse. One might call this a classic case of counting one’s chickens before they hatch, though in Musk’s defense, the chickens in question are autonomous and do not, strictly speaking, exist.