On: Tesla races past $100B in market valuation

[Mistletoe]

Probably less than the combined valuation of GM and Ford when each sells an order of magnitude more cars than Tesla.

https://www.goodcarbadcar.net/2019-u-s-auto-sales-figures-by...

Even if we consider that a stock valuation indicates what we THINK a company might be worth in the far far future it doesn’t make sense.

[SergeAx → Mistletoe]

This is exactly my point: you are valuing TSLA as a car maker, and I along with the market prefer to value it as tech company.

[Mistletoe → SergeAx]

What is tech about it? Cars and batteries aren’t software you can easily make endless clones of and sell over and over again.

[SergeAx → Mistletoe]

Actually, lot of Tesla cars is software, it is wastly superior to anything on the market right now, and it is worth to mention they are updating it quite frequently. Also there are datasets, like I said.