Will Elon Musk deliver the ‘biggest asset valuation in history’?


Source: afr.com afr.com

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Now, Tesla has a long-standing habit of missing deadlines Musk sets, as the reality of manufacturing catches up with his promises. Nonetheless, the soothing news on Model 2 was largely responsible for Tesla’s shares surging 10 per cent in after-hours trade. With the Model 2 doubts seemingly addressed, Musk moved onto this big pitch: Tesla can unleash “the biggest asset valuation appreciation in history” by deploying its much-hyped autonomous driving technology across a fleet of millions of vehicles. The argument here isn’t new. If Tesla can develop its full self-driving technology to a point where vehicles can be fully autonomous,...