Tesla is a car manufacturer. They operate in the luxury segment which is ~5% of all cars and they only have a slice of that. Nothing they have done, yet, has made a change in the climate that can be measured. You can believe in their mission statement about changing the world but what I've stated are facts based on data. The classification on the stock market has them in the "Consumer Cyclical - Auto Manufacturers" industry segment. If Tesla helps push major manufacturers further into EV then that is good.
The mismatch on salary has always been there. For instance, teachers and emergency responders get paid very little compared to a lot of other professions. Even accountants make substantially more, probably double.
Rewind history to when automobiles were coming out. People thought horses were going to be the mode of transport forever. Is the world better because of automobiles alone? Everything seems interconnected so that is where I was going with not a single industry is going to change the world. Take medical devices and Tech together and you will see more change than Tech alone.
Tech can amplify other industries but alone is mostly just automation of existing things.
Tesla is classified as a car company. They also produce renewable energy products in the form of battery packs. I would consider this an offshoot of the main business, kinda like a lumber mill might also produce bark chips or mulch for landscaping.
To get pedantic, if a classification existed of energy storage companies, that's sort of where Tesla is right? They don't have products that produce energy via solar/wind/nuclear, they have products that consume energy and store it for later use. Is Duracell a renewable energy company? (sarcasm)
All car companies have software engineers. Practically any company past a certain size hires software engineers. That isn't really a criteria being a "tech" company is it? By that definition Caterpillar (makes giant diggers and construction equip) is a tech company. CAT has over 200 software jobs open now.
I'm not denouncing Tesla or what they are doing. I'm just pointing out that I don't classify them as Tech and those that are in the business of classifying companies don't either.
The mismatch on salary has always been there. For instance, teachers and emergency responders get paid very little compared to a lot of other professions. Even accountants make substantially more, probably double.
Rewind history to when automobiles were coming out. People thought horses were going to be the mode of transport forever. Is the world better because of automobiles alone? Everything seems interconnected so that is where I was going with not a single industry is going to change the world. Take medical devices and Tech together and you will see more change than Tech alone.
Tech can amplify other industries but alone is mostly just automation of existing things.