Former Stellantis CEO: Uncertain if Tesla will still exist in 10 years

AASTOCKS
2025.10.27 00:25

Former Stellantis CEO Carlos Tavares stated that Tesla (TSLA.US) CEO Elon Musk has not invested much time in the company, leading to an overvaluation of Tesla and being surpassed by Chinese electric vehicle manufacturers. He is uncertain whether Tesla will still exist in 10 years.

He mentioned that BYD (01211.HK) is more efficient than Tesla and has stronger cost competitiveness, and does not rule out the possibility that Musk may decide to leave the automotive industry at some point in the future to refocus on humanoid robots, SpaceX, or AI

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