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>Once (if) they become a mature car manufacturer their valuation multiple will go way down. Somewhat answered your own question . It's if the market values Tes
by withdavidli 8y ago
>Once (if) they become a mature car manufacturer their valuation multiple will go way down.
Somewhat answered your own question . It's if the market values Tesla as a mature company or a continues to value it as a growth company. When have we seen Elon rest with a successful product? Tesla is more than just cars. And Elon's answer to Gali (hyperchange YouTube channel) question during earnings about moats states his mindset clearly. He's about innovation. Innovate faster than competitor always. If Tesla can be cash positive, Elon will do what Bezos does. Demand that as much money as possible is reinvested. They're not going to be like Apple with tons of money sitting on the side.