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by mapt
562 days ago
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Tesla still has a great many advantages. Their problem is that their valuation had the market predicting that they would generate a MAJORITY of all profit in US automotive manufacturing - they were worth more than every other player combined. This was grossly unrealistic. So expect a down round. Whether they survive that drop to... What... 5-10% of their former value? Depends on what sort of explicit and implicit dental they have accrued to scale. |
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