| so true so true it is interesting to see all the justifications people are giving for Tesla's completely irrational valuation Solar Roof/Solar Energy -> Solar City was going bankrupt and had to be bought by Tesla to save Musk's cousins (Rive) and his ownership stake in Solar City Electric Cars -> Check out what is happening on Europe. People keep saying Tesla is doing very well in China, without understanding that Tesla has a very small share of China and BYD is the largest EV maker in China Battery Storage -> So something that is a very small share of Tesla revenues will magically one day become a massive business? It's one thing to say - It will add $50 billion to the company
Completely different thing to say it will add half a trillion Self Driving and Robotaxis - This has been the dream for the last 5 years
Tesla said 1 million robotaxis by end of Dec 2020 Where are they?
The combination of messianic leader who claims he is doing it only to save the planet and the human race combined with Fed printing money like its going out of fashion and investors desperate for returns Is a very dangerous combination |