By what definition? The chance of bankruptcy over the next five years is undoubtedly higher for Tesla. I think you are grossly misrepresenting Ford's balance sh

By what definition? The chance of bankruptcy over the next five years is undoubtedly higher for Tesla. I think you are grossly misrepresenting Ford's balance sheet: https://www.marketwatch.com/investing/stock/f/financials/balance-sheet https://www.marketwatch.com/investing/stock/f/financials/bal... Tesla is valued in large part based on the kind of math you'd commonly see applied to a VC backed company three orders of magnitude smaller; multiplying a large payoff value by a small chance of success. People are making a bet on it becoming a trillion dollar behemoth that snatches tons of market share from energy and automobile companies during the turbulent switch over to renewable energy. If you're confident in their execution, it's worth it to have Tesla swing for the fences chasing this vision even if there's a large chance of failure. Assuming of course you have diversified - I think you'd have to have a screw loose to go all in.