Depends entirely on Cybercab. A driverless car can be made cheaper for a variety of reasons. If the self-driving tech actually works, and if it’s widely legal, and if Tesla can mass produce it at a low price, then they can justify that valuation. Cybercab is a potential solution to the problem that they need to introduce a low priced car to get their sales growing again but cheap electric cars is a competitive market now without much profit margin. But there’s a lot of ifs.
Depends entirely on Cybercab. A driverless car can be made cheaper for a variety of reasons. If the self-driving tech actually works, and if it’s widely legal, and if Tesla can mass produce it at a low price, then they can justify that valuation. Cybercab is a potential solution to the problem that they need to introduce a low priced car to get their sales growing again but cheap electric cars is a competitive market now without much profit margin. But there’s a lot of ifs.