Tesla isn't a car company, and it isn't a tech company — it's a new GE for the 21st century, and it's just getting started. Here's how it could dominate the global business world.
Tesla could move into numerous other enterprises, from healthcare to robotics — all industries that should be important and valuable over the next 80 years.I've covered Tesla for over a decade and for that entire time, I've constantly insisted that it isn't a Silicon Valley tech company, but rather a carmaker. Just like General Motors, Toyota, Ford, or Mercedes-Benz, just with electric motors instead of internal-combustion engines.actually a Silicon Valley tech company. It isn't.
There have always been powerful media companies and media conglomerates, but nobody ever confused them with old-economy technology companies, such as automakers, aviation giants, or even the first wave of computer companies, such as IBM. Now that we're something like four decades into the "tech" transformation of the economy, we've forgotten what actual technology companies look like. The best example, from the previous century, is General Electric, which can trace its roots to Thomas Edison and the late 19th century. GE is the quintessential American conglomerate.
But it's importance, while still critical, has been fading. The successor, it dawned on me a few weeks ago, is Tesla.Both Tesla and General Electric have their roots in ... electricity! Obviously, Thomas Edison, the father of the electric light bulb, brought electrification to the 20th century, starting in the late 19th.
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