Tesla Inc (TSLA)

[boston745]

Only the car business is high margin. Like with Amazon, its cloud business carries the others.

We think self-driving tech that’s fully separated from humans is very, very far away, and basically impossible,” Li Yunfei, a spokesperson for BYD, stated in a comment to CNBC. “When we think about [self-driving tech] from all aspects, from human psychological safety needs, from ethics, from regulation, from technology — including application in this industry — we haven’t figured out [the logic], and we think it is probably a false proposition.”

Concluding their comments, the BYD representative pointed out that “There may be many industries and businesses that invest a lot of money on this [tech], and after investing for many years, it will prove it leads nowhere.”

https://www.teslarati.com/byd-self-driving-impossible-tesla-fsd/