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Ford has dozens of production facilities across every continent on earth producing millions of vehicles a year. How can Tesla possibly be more valuable?
by aphextron 10y ago
Ford has dozens of production facilities across every continent on earth producing millions of vehicles a year. How can Tesla possibly be more valuable?
- jernfrost 10y agoIt is all about who owns the future. E.g. how much would you value the stock of SpaceX competitors now that SpaceX can fly reused rockets? Doesn't matter how many factories these guys have. They will be destroyed because they will never be able to compete on price, with somebody who can just refuel their rocket while you have to build a whole new one each time. People value stocks based on what they think the future holds.
- briandear 10y agoDo you actually think other rocket companies won't be able to do that? Tesla doesn't have a monopoly on the future. Also SpaceX isn't Tesla.
- chillydawg 10y agoBecause people buying and selling shares think that ford will probably shrink and tesla will continue to grow at pace for years, eating market share from Ford (and every other hydrocarbon heavy manufacturer).
- koreyb 10y agoBlockbuster had thousands of stores. How could Netflix possibly compete? Tesla isn't playing Ford's game. The ultimate value of TSLA is in the vertically integrated electric Tesla Network with millions of level 5 self-driving vehicles. Why would you want an ICE vehicle when you can own a Tesla that drives you & your family anywhere you want, charges itself and makes you money on the side. Closely following that...why own a car at that point? Just order one up off the Tesla Network.