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by oblio
725 days ago
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Those valuations didn't make any sense. Even Tesla's valuation still doesn't. Tesla is still valued at 2x Toyota: https://companiesmarketcap.com/automakers/largest-automakers... and then at least 5-10x what companies that actually make a lot of cars are valued. Tesla should probably be valued at something like #3 or #4, their market value needs to crater by at least 50%, more like 80%, to reflect their real long term standing. |
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