- The year 2019 was a pivot in the story about the future of cars.
- Musk is the most important entrepreneur in the car business since Henry Ford, but Henry didn’t have to contend with a 24/7 hype cycle around allegedly transformational technologies, nor was he much of buzz-surfer (though he appreciated the value of PR — he secured funding for the Ford Motor Company by winning a car race).
- Obviously, it worth noting that although GM’s market cap is stuck around $50 billion.
Wall Street is quietly retreating from its enthusiasm for Tesla’s self-driving car plans

