Some of the CEO's at the top have bachelors degrees, others masters degrees. Not much different than some of us on this board today. At the end of the day, holding these pieces of paper while educated, doesn't necessarily translate into intellect or critical thinker. There are many people that sit on top of corporations that don't deserve to be there, yet because their name is known in particular circles not available to you and I, they somehow keep getting recycled for millions of dollars in salary and pension.
With that said, having vision works both ways. Having the vision to move forward, and knowing where the road blocks are. Sometimes it's a matter of an unstoppable force aligned against an immoveable object. The answer is avoidance, but few see it that way, because they can't see it any other way than moving forward.
The CEOs at the top has resources available to them that you and I would never have. They in theory, should be surrounded by people of incredible talent and intellect, that can advise them on potential courses of action. Brilliant people will struggle, but stupid people will still produce inadequate results. Is your company struggling? Ask yourself what kind of CEO is at the helm.
Most intellectuals and critical thinkers knew EV's were a losing game, at least this cycle, but what they don't know is they are a stepping stone into the future for the next attempt to push it forward. For that to happen, many companies in unison had to take on the brunt of a unified loss together. I simply dislike the concept of EV's and will resist them until the very end.
There's a reason why the big 3 are valued very different than Tesla. They've created a primitive automaker culture, and think the same way, yet they want to be treated like Teslas valuation. For this to happen, these companies need to sever their ICE business from their EV business. Some suppliers have done this already, and to their advantage. This in turn, may allow Wall Street to witness the conviction in their cause. They won't do this, because these companies want a backup, an extra source of income incase their plans for EV fail. Tesla on the other hand, is all in on EV's, as it's their only option. And it's priced in that way.
So, if these big 3 are failing, faltering, stumbling, then why shouldn't any random bachelor or masters degree candidate be allowed to step up and continue more of the same? Only, they'll do it at a fraction of the cost, and just maybe, one of them will do better than these supposedly valuable CEOs.