Key insights
- The author accuses Elon Musk of overpromising and underdelivering on Tesla's autonomous driving, Roadster, Robotaxi, and Optimus Robot projects. The author expresses concern about a potential SpaceX IPO being included in 401k investments, suggesting potential overvaluation or risk. This negative sentiment surrounding a major market player like Tesla could have a slightly bearish impact on US equities, particularly in the tech and automotive sectors.
Tesla was promising cars that could drive cross country and charge themselves with no driver absolutely by the end of 2018. Nowhere even close as of April 2026.
Tesla Roadster was a completely fictional car unveiled in in 2017 that could literally fly. They haven’t returned early order deposits to this day.
Tesla Robotaxi was going to replace car ownership with tens of millions and millions of autonomous cars on the road last year. There are none.
The Optimus Robot is going to replace the need for humans to do any work or have any skills and make everyone rich and was in mass production I think last year. There are none and wont be any for years. Tesla is also not a leader in robotics.
Elon has perfected the art of fucking over people who bet against his companies and also has tens thousands and thousands of bots on every social media platform to pump up his bullshit.
SpaceX IPO is coming up and will include large automatic investments in your 401k investments.
How are we allowing this to happen?