Q4 q&a
Elon said he does not see any competitor in 5 years, and again referenced need a telescope to see second place, as in the Tesla IPO investors Powerpoint presentation.
Since Elon thinks Tesla will essentially own the whole “market”, top on Elon’s mind must be the self-driving EV market. This aligns with his comments over the years that in future years buying a car without self driving will be like buying a horse.
He also recently (2021? 2022?) said that without FSD, Tesla value is “zero”.
While most look at Tesla market share of the EV market, and other looks at its share of the entire car market, if the timeframe is 5 years, Elon is more focus on looking at Tesla’s share of the self driving vehicle market, as that is likely where all profits will lie.
George Gianarikas -- Canaccord Genuity -- Analyst
Hi, everyone. Thanks for taking my question. So you recently adjusted prices, and that may have put many of your competitors in the back foot. In addition to that, capital markets have recently gotten a lot tougher.
So with those factors in mind, I'm curious how you see the current competitive landscape changing over the next few years. And who do you see as your chief competitors five years from now?
Elon Musk -- Chief Executive Officer and Product Architect
Five years is a long time. As with the Tesla order part, AI team, until late last night, and just we're asking [Inaudible], so who do we think is close to Tesla with -- a general solution for self-driving? And we still don't even know really who would even be a distant second. So yes, it really seems like we're -- I mean, right now, I don't think you could see a second place with a telescope, at least we can't. So that won't last forever.
So in five years, I don't know, probably somebody has figured it out. I don't think it's any of the car companies that we're aware of. But I'm just guessing that someone might figure it out eventually. So yes. |