Growing sales of cheaper Chinese EVs don’t change what I said. Teslas are the gold standard that people want, but not everyone can afford or justify the purchase price. A corolla isn’t a better car than a Lamborghini just because it sells more.
There’s more to a car than speed, and Teslas aren’t Lamborghinis. They were exciting when they were new, but they’ve always had quality issues. Toyota produces more reliable cars. And more cars. There’s no perspective from which Tesla’s valuation makes sense.
Tesla have their valuation because that’s what the market decides they’re worth based on past performance, future predictions, leadership, etc. That’s all there is to it. You think they’re overvalued because you hate their CEO and “founder”. While I don’t agree with the stock market, they’re far more correct than you are. Things are worth what people will pay.
Teslas are still the flagship EV brand. Not being the highest selling doesn’t change that. Did you not understand the Corolla/Lamborghini example?
That’s just a “the stockmarket can’t possibly be wrong” argument, but the stockmarket has often been wrong.
Tesla is overvalued. That’s blatantly obvious if you look at the data. There’s no justification for Tesla’s insane market cap other than hype or corruption.
Did you not understand the Corolla/Lamborghini example?
I do, but I wonder if you do. Toyota is far, far more valuable than Lamborghini. Toyota is the largest car manufacturer in the world, and with a market cap of $269B, the second most valuable after Tesla.
Lamborghini is not independent, but owned by Volkswagen, as part of their Audi group, and all of those brands put together have a market cap of $58B.
Your argument is not a justification for Tesla’s high market value; quite the opposite.
this is an extremely surface level understanding, the stock markets value tesla highly because of a history of government subsidies and protections as well as musks perceived closeness to the white house because of how much he paid into the presidency. This has been shown directly through stock analysis around certain events such as the results of the recent american presidency election which led to the stock of tesla drastically increasing overnight. and surging ever since, with notable drops during times when he feuded with trump more openly, losing a 150 bn dollar valuation over just a couple of days at the time of june 5th. And they only started to marginally improve after musk apologized.
Growing sales of cheaper Chinese EVs don’t change what I said. Teslas are the gold standard that people want, but not everyone can afford or justify the purchase price. A corolla isn’t a better car than a Lamborghini just because it sells more.
There’s more to a car than speed, and Teslas aren’t Lamborghinis. They were exciting when they were new, but they’ve always had quality issues. Toyota produces more reliable cars. And more cars. There’s no perspective from which Tesla’s valuation makes sense.
Tesla have their valuation because that’s what the market decides they’re worth based on past performance, future predictions, leadership, etc. That’s all there is to it. You think they’re overvalued because you hate their CEO and “founder”. While I don’t agree with the stock market, they’re far more correct than you are. Things are worth what people will pay.
Teslas are still the flagship EV brand. Not being the highest selling doesn’t change that. Did you not understand the Corolla/Lamborghini example?
That’s just a “the stockmarket can’t possibly be wrong” argument, but the stockmarket has often been wrong.
Tesla is overvalued. That’s blatantly obvious if you look at the data. There’s no justification for Tesla’s insane market cap other than hype or corruption.
I do, but I wonder if you do. Toyota is far, far more valuable than Lamborghini. Toyota is the largest car manufacturer in the world, and with a market cap of $269B, the second most valuable after Tesla.
Lamborghini is not independent, but owned by Volkswagen, as part of their Audi group, and all of those brands put together have a market cap of $58B.
Your argument is not a justification for Tesla’s high market value; quite the opposite.
this is an extremely surface level understanding, the stock markets value tesla highly because of a history of government subsidies and protections as well as musks perceived closeness to the white house because of how much he paid into the presidency. This has been shown directly through stock analysis around certain events such as the results of the recent american presidency election which led to the stock of tesla drastically increasing overnight. and surging ever since, with notable drops during times when he feuded with trump more openly, losing a 150 bn dollar valuation over just a couple of days at the time of june 5th. And they only started to marginally improve after musk apologized.