'Elon Musk is in a bind — perhaps the tightest bind of his business career,' writes RussMitchell
Panasonic, the company’s closest business partner, abandoned plans to expand operations at Tesla’s giant battery factory in Nevada unless car sales pick up.
The business could prove so lucrative, according to Musk’s tweets, that Tesla cars would appreciate in value year after year. “We overestimated the arrival of autonomous vehicles,” Ford Chief Executive Jim Hackett said in a recent speech. He has said it would be immoral not to. He’s claimed that the company’s current Autopilot technology — which still requires an attentive human driver — has proved safer than Tesla cars driven without Autopilot engaged.and other research and academic institutions say it will take billions of miles — and corporate transparency — to prove whether robot cars are safer than humans.
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