Part 10/12:
He likens the development of a more affordable, autonomous vehicle to Apple’s strategy in 2016—initially lacking a big screen but eventually debuting a game-changing product. Similarly, Tesla is on the cusp of releasing a more affordable vehicle that could expand its addressable market significantly.
Strategic Focus and Industry Implications
Despite delays in launching the cheaper car, Musk affirms it remains a top priority. He envisions a future where autonomous rides are the main mode of transportation, potentially replacing traditional vehicles, even if this means a smaller-sized car optimized for ride-sharing rather than regular personal use.