[michaelt]

By traditional measures like profit-to-equity ratio, Tesla is overpriced coated to the likes of Toyota, Ford and BMW.

And not just a little bit - it’s way overpriced.

There are a bunch of possible explanations for this. One is that investors believe full self driving will come out really soon and work really well.

[timschmidt]

I've followed EV development since the 90s, with great excitement and sadness around the EV1, and I built and daily drove EVs before I could find one to buy commercially. I appreciate that Tesla (and now BYD) have forced the hands of the traditional ICE vehicle manufacturers who were content in their partnerships with the oil industry and planned obsolescence.

I own a 1978 Suzuki Carry and a Miles Electric ZX40ST.

I have watched a fair amount of https://www.youtube.com/@MunroLive with interest about the implementations from all manufacturers. Sandy is in my home state of Michigan, birthplace of the auto industry, in which I've been multi-generationally involved, and he knows his stuff. He has criticisms for all manufacturers, but over the years Tesla seem to have listened more than most, to the point of Elon speaking for hours with Sandy on podcasts about technical aspects of the vehicles and production. I also appreciate that Tesla seem to make more of their cars in the US than any other manufacturer. Honda seems to be the only one comparable. I think the future's electric. I don't really care who makes it, but I'd like it to be well engineered, and made locally.

I'd personally probably think traditional ICE manufacturers and oil industries are overvalued, but I'm probably wrong as there's clearly lots of business for those industries which doesn't seem to be going anywhere.