This doesn't change anything. Tesla is not leading in anything anymore.

I was in China a few weeks ago, and in some cities you can already get the equivalent of Waymo. There are also dozens of huge companies working on self driving there, with very friendly laws that make it easier to get training data and test things.

There are hundreds of companies working on robots as well, and many of them are already ahead when it comes to productionizing them.

Tesla entered a new market around a decade ago, back when they had little to no competition. For years, they were ahead of everyone. But now, everything they do has competition, and in most features/products that competition is ahead of them.

Their valuation doesn't make any sense.