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Personally i think the fundamental problem is that Tesla stock is mispriced, Tesla is being compared to other car manufacturers when it should be compared with
by elmar 10y ago
Personally i think the fundamental problem is that Tesla stock is mispriced, Tesla is being compared to other car manufacturers when it should be compared with tech stocks.
If you read this article
http://www.businessinsider.com/tesla-driverless-ridesharing-plans-could-take-on-uber-2016-10 http://www.businessinsider.com/tesla-driverless-ridesharing-...
you clearly see that Tesla will be competing for the same on-demand transport market of Uber with the big advantage of having a proprietary hardware platform.
- pythonaut_16 10y agoThat's an interesting point, especially since Tesla is arguably in much better shape overall than Uber, at least from an outsiders perspective. Uber isn't profitable, their business is a mess, and there is no clear/easy path to profitability for them. Tesla has a profitable revenue stream and much better cohesion overall it seems.
- elmar 10y agoif you want to dominate the self-driving business you have to control the hardware, Uber doesn't have the cash, the brand or expertise to do it.