- Jan 3, 2006
- 11,883
- 63
- 91
Translation - our technology is not profitable now because large auto manufacturers won't adopt it and the installed infrastructure does not support it. We will try to increase adoption by donating technology to the public. Once adoption is increased, we will kick ourselves and our company will go out of business because we will be subjugated by those who can make and use our technology more efficiently and at lower cost. We might feel good that we brought the world closer to the electric car. But we will be out of business nonetheless.
Oh . . . and our investors will be pissed at us and may sue the Board of directors for recklessly endangering the financial future of the company in favor of a idealistic goal, which has no business driving the bottom line of a company.
I sense a big "DOH" from Elon in the future. And a huge drop in Tesla stock.
I don't want to agree with you...but I am.