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Originally Posted by Fuzz
Every major automaker has their own automated features though. Tesla may be ahead because they chose to make their beta releases public, but I don't think it puts them in some innovative space that no one else can compete in. You are arguing for a perceived future value advantage, I'm arguing that it doesn't really exist. And I'm not sure other automakers are currently being sued for failing to deliver on over-promising.
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I'm not making an argument about fundamental value. I'm just saying how they're valued by the markets, which is about more or less speculative expected returns.
To suggest that traditional auto manufacturers are going to compete with tech companies on tech is silly though. They have organizational cultures with deep roots. Tigers don't just change their stripes to spots and start keeping up with cheetahs.