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Tesla's current valuation is predicated on it essentially becoming the new Toyota (it's worth more than $TM right now). There's little doubt that Tesla can be a
by bhupy 6y ago
Tesla's current valuation is predicated on it essentially becoming the new Toyota (it's worth more than $TM right now). There's little doubt that Tesla can be a sustainable, successful electric automobile business in the "big EV" segment, but a big question is whether it will replace the Toyota Corollas, Camry's, and Priuses of yesteryear. If the answer to that question is "No", then maybe the market cap of TSLA is inflated.
- throwaway0a5e 6y agoI know that what you're portraying is every online fanboy's wet dream but it's really unlikely to happen. Tesla's thing is bleeding edge tech. Bleeding edge tech is not what you fill a car full of if you want to sell cars to hordes of people who just want A to B transpiration and are willing to pay a hefty premium for consistency.