[oceanplexian]

If Tesla only did trucking, that alone is a $1T industry. Now imagine they take a bite out of that, a bite out of Uber and Lyft, food delivery, transportation for an increasingly aging population, continue to make large investments in energy, robotics, etc. It's not that crazy of a valuation.

[TheAlchemist]

They already did that. They released Tesla Semi 8 YEARS ago to revolutionaize the trucking industry.

Search for "Tesla" on HN, it will come up near the top. As the second most upvoted comment rightly note "Anyone else find it odd they don't talk about the battery?". What's really funny though is that 8 YEARS later, they still don't talk about the battery !

Anyway, Tesla is a scam. The company is real, and worth maybe $50B at the very optimistic valuation - their only real business is selling cars and getting subsides directly or indirectly. The sales are falling like a rock (thanks to Elon and the competition showing up) and subsides are going away soon pretty much everywhere. They are cooked.

[gamblor956]

I wasn't aware that a car could fit in an elevator and deliver to your door...

People pay for Uber and Lyft because they're too lazy to leave their apartment. Tesla would have to be significantly cheaper than its competitors in order to justify the front-door-tax.

[justinrubek]

Uber and Lyft necessitate leaving the apartment. How else are you going to take the rid somewhere?

I assume you mean food delivery, though. In my experience, it isn't about being lazy to leave the apartment. It's that the infrastructure where I live is so spread out that it'll be at least 30 minutes total of driving to get that meal, and that isn't accounting for cooking time. A 5 minute walk would be much more tolerable.

[gamblor956]

In the context of this subtopic, Uber refers to UberEats, which is a larger business than the rideshare.

[dmix]

There's no way people will pay more money just to not walk to their door or lobby. Pricing always wins in mass market consumer products. The human option will be the luxury

[andrewblossom]

A valuation based on imagination?

[diamond559]

Ah yes, the Tesla moon math. Just pull TAMs out your behind and give Tesla a % of it, that is how a true stonk "investor" does it sir! Did you come here straight from Wallstreetbets?