Venture Capitalist Bill Gurley Compares Tesla’s Potential to Uber’s Early Days
Bill Gurley, the venture capital investor renowned for early bets on Uber and OpenTable, has drawn parallels between Tesla's current position and Uber's formative years. His recent comments on X (formerly Twitter) challenge the notion that Tesla's valuation is a bubble, emphasizing the company's "optionality"—the potential to expand into new ventures beyond its Core business.
Gurley's perspective echoes his early recognition of Uber's platform potential, which transcended its initial ride-hailing model. Tesla, he suggests, possesses similar transformative potential in adjacent markets, though specific coin or exchange implications remain unstated in this context.