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by mywittyname 1691 days ago
There's a reasonable chance of Tesla creating patents that generate a license fee from every car produced, basically in the globe.

It's kind of the reason Toyota has a monopoly on hybrids: they have a patent on the best kind of hybrid system. Ford held a similar enough patent that Toyota entered into a license agreement with them.

Getting a 20 year monopoly on key EV/battery tech will be worth an unimaginable sum.

I don't agree with Telsa's valuation, but I can appreciate why investors support them at their current price.