NEA going gangbusters, page-32

A bit of a tangent, but I think Tesla is a lot easier to understand when you stop thinking about it as just an EV company. Their goal is to take market share from auto-manufacturers, transport and logistics companies and energy companies. They want to be GM, Exxon and Uber.

Everyone talks about the luxury car market but their autonomous semis have potential to disrupt a much larger industry (70% of the freight industry in America is delivered by trucks) and their solution makes far more safety and efficiency sense than driving poor truckies into the ground.

Anyway, back to NEA....