Yet Tesla market cap is four times that of Toyota's.
Unbelievable.
I had to stay out of TSLA after the first year or so because the valuation made no sense to me. Other than a FOMO / YOLO play like BTC.
I'm shocked that the valuation continues to remain so high after so many lies and mediocre results. Was the Cybertruck a success? There definitely are not a million Tesla robotaxis on the road as Elon suggested there would be by 2020.
Well, I heard Cathie Wood refer to Tesla as the largest AI project in the world. So if you think of it that way maybe the sky's the limit. She seems 100% certain that people will be earning money renting out their Teslas as robotaxis in the next few years. But it's a car company. Or not. Maybe. Whatever. I put it in the "too hard" pile.
I'm not saying this doesn't hold, but this includes every first-run first-model car from Tesla (5-10 years old cohort), and decade+ old refined models from every other brand.
Admittedly just a hunch, but I suspect the data for the more recent cohorts and Tesla models is much better than this data shows
Unbelievable.
I had to stay out of TSLA after the first year or so because the valuation made no sense to me. Other than a FOMO / YOLO play like BTC.
I'm shocked that the valuation continues to remain so high after so many lies and mediocre results. Was the Cybertruck a success? There definitely are not a million Tesla robotaxis on the road as Elon suggested there would be by 2020.