Carlos Tavares Thinks Tesla Might Be Dead In 10 Years - CleanTechnica

Carlos Tavares, former CEO of Stellantis, made a provocative statement in an interview suggesting that Tesla might not exist in 10 years. Despite Tesla’s current strong financial position—with over $40 billion in cash, consistent profitability, and recent quarterly revenues of $28.1 billion—Tavares expressed skepticism about Tesla’s long-term viability. He pointed to the rapid growth and efficiency of China’s EV market, particularly highlighting competitors like BYD, and speculated that Elon Musk might shift his focus away from Tesla toward other ventures such as humanoid robots, SpaceX, or artificial intelligence. Tavares also criticized Tesla’s high stock valuation as unsustainable. This perspective is notable coming from a seasoned automotive industry leader who ran a major global car company. While some may dismiss his remarks as controversial or motivated by personal circumstances, Tavares appears to be seriously considering the challenges Tesla faces, including the risk of heavy spending combined with potential sales declines. The article concludes that Tesla remains financially robust