They have a disadvantage at the moment, and I don’t mean that they don’t have any EVs. They lack the Infrastructure, It’s a big problem. I’m sure it’ll be solved eventually but if you can’t charge your car it’s kind of useless. I expect car manufacturers are going to have to spend billions on charging infrastructure if their models are to be successful or come to a common standard and have chargers kept functioning
As fas as I know Musk has been promising for 500k cars in 2020, and that he achieved. On the robotaxis front, yes he’s been promsing a lot but missed it for this year. But I think this is a tough problem to solve and is ok to be missing deadlines.
Anyway I didn’t set out to bash Tesla in this thread. Just to point out that the Legacy car makers aren’t giving up, GM are making large stride in autonomous vehicles and are planning a large range of EV’s
It’s just because I have friends I tried to urge them to invest in tesla when it was 500$ pre split, and they preferred to invest in Carnival. I hate this logic that you should buy a stock because it is cheap. Not every stock will go up. And if GM and other dinosaur automakers go up so be it. I just personally prefer to stay away of them, again my opinion. Have a nice new year!!
I don’t think Cruise are really under the radar, for the last 3+ years most considered them a top tier AV company. This leaderboard from 2019 that got a lot of traction at the time had them right at the top.