Robin Zeng, the founder and chairman of CATL (Contemporary Amperex Technology Co.), the world's largest EV battery company based in Ningde, China, has made a blunt assessment...
Zeng also touched on Musk’s leadership style in the Reuters interview, particularly his tendency to set ambitious timelines. Zeng noted that Musk often promises delivery times that are shorter than realistically achievable, a strategy Musk reportedly employs to “push people.” This approach has led to skepticism in the industry and among consumers, especially regarding promises about technologies like full self-driving.
Not just to push people, but also to keep investors hyped about the company. He’ll throw out all sorts of random crazy vaporware like robots, the full self-driving feature, and robotaxis to keep the stock price in the skies as investor imagine boundless potential. It’s perhaps the main reason why the company is valued at more than the next big dozen or so automotive companies COMBINED: https://companiesmarketcap.com/automakers/largest-automakers-by-market-cap/
Not just to push people, but also to keep investors hyped about the company. He’ll throw out all sorts of random crazy vaporware like robots, the full self-driving feature, and robotaxis to keep the stock price in the skies as investor imagine boundless potential. It’s perhaps the main reason why the company is valued at more than the next big dozen or so automotive companies COMBINED: https://companiesmarketcap.com/automakers/largest-automakers-by-market-cap/