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You're not wrong; but you are not right either. Of course, most of the revenue today is generated from selling cars. But we were talking about the value of the
by sabertoothed 10y ago
You're not wrong; but you are not right either.
Of course, most of the revenue today is generated from selling cars. But we were talking about the value of the company. And this includes expected _future_ returns. And, obviously, Tesla has more than just aspirations. They have built a large part of the Gigafactory already.
Honda certainly is not a car company - but much more than this as well. This was not a good example for your case.
Same with GM. I am not sure if your intention was to list companies that are much more than car companies? You were just making my case.
- vonmoltke 10y ago> Of course, most of the revenue today is generated from selling cars. But we were talking about the value of the company. You were talking about what Tesla is. Despite its aspirations, Tesla is a car company right now. > I am not sure if your intention was to list companies that are much more than car companies? That was my intention. The discussion was about how we can't compare Tesla to GM or Honda because Tesla "isn't a car company". My point is that those other companies are not either, and so that is not an argument to reject the comparisons out-of-hand.