Part 6/8:
Skeptical voices within the market pose questions regarding Elon Musk’s focus on autonomous driving and whether this diversion serves to mask challenges inherent in Tesla’s core vehicle manufacturing business—often fraught with low margins and fierce competition. However, proponents draw analogies to Apple’s initial focus on hardware versus the eventual acceptance of its expansive services model. They argue that autonomous driving and associated software capabilities for Tesla represent the key to unlocking the company’s full valuation potential, akin to how Apple’s services transformed its market standing.