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Plato\x27s Cave alum
CNBC Television
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Comments by "Plato\x27s Cave alum" (@platoscavealum902) on "GM can 'absolutely' catch Tesla by 2025: CEO Mary Barra" video.
⚡️ 🔜 🤖 @ Akshat Agrawal, I absolutely agree. While Tesla competitors are still figuring out electric vehicles — Tesla is already far ahead on the next step of vehicle evolution — autonomous driving.
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While Tesla competitors are still figuring out electric cars — $TSLA already moved ahead to the next big step of vehicle evolution — autonomous driving.
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While Tesla competitors are still figuring out electric vehicles — $TSLA already moved ahead to the next big step of vehicle evolution — autonomous driving. I wouldn’t want to be in Mary Barra’s shoes. She has the sisyphean task of pretending that $GM is competitive. It is the same task as pretending that a Zune player is just as good as an iPod — similar to the way Steve Balmer had to pretend that a Window phone was as good as an iPhone. BlackBerry also comes to mind — they also pretended that they could catch up to an iPhone. It is very interesting watching this play out with Tesla competitors. Why? As a long-term $AAPL investor (since 2009) — I’ve seen this before — everyone has to pretend to be competitive. That’s the only way to stave off the inevitable. Basically, disrupted companies have to pretend to be competitive — because without giving a major price discount — no one can be expected to be enthusiastic about buying a product from a company that publicly admits that their product is inferior. Of course, struggling companies can’t afford to provide a discount — downward spiral intensifies. Good luck to $GM. I really hope they can become more competitive. (Partnering with $NKLA is not going to do it.)
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⚡️ 🔜 🤖
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