| > That the Semi is already massively delayed ought to suggest a lower P/E ratio than a normal company, not a higher one. This alone should have crashed their stock price. Tesla is a trillion dollar market cap company that struggles, STRUGGLES to put a sixth or seventh product line into production! A sixth one! They have five models, including the Cybertruck, which is not selling well. They stopped selling the Model S in Australia! Speaking of trucks and Australia, utility vehicles ("utes") are very popular over here. I've never seen a Tesla Cybertruck here and likely never will. Meanwhile, just this weekend I saw a dozen BYD electric utes, and... they look good. They're fast, they look practical, and they're clearly available in volume. People are buying them! Many people! There's an enormous market for electric vehicles of all shapes and sizes, and Tesla has been completely unable to tap into many of these markets. Car-sized trucks. Urban deliver vehicles. Mini buses. Full sized buses / coaches. Light trucks. Heavy trucks. Etc... Where are they? They promised a heavy truck, they made a few dozen, and then... crickets. |