Part 10/12:
As Tesla matures, its value shifts from pioneering to executing complex systems at scale, much like how Apple relied on Tim Cook’s operational expertise after pioneering the iPhone. The primary "next impossible" challenge for Tesla is now humanoid robots, leveraging Musk’s risk-taking and engineering talents.
Strategic Implications for Investors
For investors, understanding where Elon Musk’s unique capabilities are most valuable helps in assessing Tesla's growth trajectory. Wood suggests that autonomous driving is now on the cusp of full realization—if Tesla truly has cracked the last mile, the robo taxi market could grow exponentially, independent of Elon’s day-to-day involvement.