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You know who else makes things that people want to buy? Toyota, VW, Honda, Ford, GM, BMW, Mercedes. Tesla is worth more than all of those combined.
by symlinkk 6y ago
You know who else makes things that people want to buy? Toyota, VW, Honda, Ford, GM, BMW, Mercedes. Tesla is worth more than all of those combined.
- dcow 6y agoBut people _want_ to buy electric. They always have if you think about it. TSLA just proved we can do it and built the infrastructure to make it compete with ICE. The market is speculative by nature. Tesla is valuable because people _want_ it to be.
- Hamuko 6y ago>But people _want_ to buy electric. I'm not fully convinced that this is true unless it's true in the same fashion as "everyone wants to buy a Ferrari". Most people I've come across just want to buy a cheap car that gets them from place to place.
- ajkjk 6y agoExcept that Tesla is doing new things at a faster clip than any of those have done in decades.