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Three years ago, he tweeted that he was considering taking Tesla private and had secured funding, sending the stock sharply higher. He has run afoul of regulators in the past with his erratic behavior on social media. After all, back in January, he said over a conference call that he expects to be in the driver’s seat at Tesla for – quote - “several years.” But in addition to helming the electric vehicle maker, Musk also heads the infrastructure firm The Boring Company, the rocket launch service company SpaceX, and brain-chip startup Neuralink. Of course, it's not immediately clear whether he was being serious. Instead, he said he would like to become an influencer, which the Twitter-happy CEO is already sort of doing with his flock of nearly 66 million followers. Tesla CEO Elon Musk tweeted on Thursday that he is – in his words - “thinking of” leaving his jobs. The world’s richest man said he might be ready for a pivot. “Like AWS, it’s a new service-oriented technology, which the company first perfected on its own systems before selling as a service to other major corporations ,” he wrote. Michael Waters, of Modern Retail, likens Just Walk Out to Amazon Web Services, the backbone of the online cloud that underpins global ecommerce and accounts for around two-thirds of Amazon’s $20 billion annual profits. “If Just Walk Out is the carrot, then the competitive threat of Amazon Go is perhaps the stick.” That’s because selling groceries isn’t a great business these days. He said: “A strategy is gradually emerging that could make Jeff Bezos & Co a deluge of profit from the concept without opening a single store more.
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It put the software on sale in March 2020, but take-up has so far been limited.Īlex Webb, analyst for Bloomberg, suggested Amazon’s rapidly proliferating portfolio of retail stores may be as much a nudge to rival supermarkets as lure to tech-hungry millennial shoppers.