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re: TSLA at $161, anybody biting?
Posted on 12/16/22 at 11:19 am to Sterling Archer
Posted on 12/16/22 at 11:19 am to Sterling Archer
quote:
IMO, Tesla's ridiculous prices never made sense to me. Tesla's market cap is still about 2x that of Toyota. However, Toyota will sell over 1M more cars than Tesla this year. Every car manufacturer is making electric cars now.
Tesla is more than a car company. They are digitally mapping the roads in real time and every day updating their AI based on driving patterns . I believe this I is much more valuable than the car sales alone.
1
Posted on 12/16/22 at 2:36 pm to BigPerm30
TSLA is still more than 5x where it was before COVID. Did the company become 5x more valuable over the past few years?
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