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Tesla is in the top ten most valuable companies in the world. I'm not sure why you think that process is "not translating well".
by Schiendelman 6y ago
Tesla is in the top ten most valuable companies in the world. I'm not sure why you think that process is "not translating well".
- aynyc 6y agoThis post is about quality of the vehicles. Tesla isn't there yet, comparing to say Toyota/Honda/Lexus.
- carlmr 6y agoAlso the stock price at this point is entirely decoupled from profitability.
- omginternets 6y agoPerhaps the market currently overvalues Tesla? This isn't a very convincing argument.
- ALittleLight 6y agoIsn't it a more convincing argument than someone just commenting "it's not translating well". I see Teslas on the street every day. I've driven a Tesla. The next car I buy is going to be a Tesla. I don't know if the market evaluation is right or wrong but Musk is clearly making cars that many people like. Hard for me to see how that is a bad translation.
- totalZero 6y agoNone of this has to do with whether the iterative approach to vehicle manufacturing is going well. (Enjoy your future Tesla.)
- omginternets 6y agoClaim: "Tesla's approach to manufacturing results in high-quality cars." You are replacing "high-quality cars" with "a successful business", and then responding in the affirmative. I'm assuming this is because you misread the subject of the debate.
- ALittleLight 6y agoI interpret "high-quality cars" as "cars that people want to buy" whereas you seem to be interpreting it as a claim about door panels or general fit and finish. If people would rather own car X compared to car Y in what sense is Y of higher quality than X even if minor details on Y are flawless and X has some problems?
- omginternets 6y ago> I interpret "high-quality cars" as "cars that people want to buy" Oh please, now you’re just being obtuse. The discussion is about hardware failures due to poor manufacturing.
- aynyc 6y agoI was commenting on iterative approach of mass production of quality cars isn't translating well. I don't think anyone can say Tesla has better build quality than Toyota/Honda/Lexus. And EV is also considerably simpler than ICE vehicle in terms of moving parts. I don't think Tesla is bad, in fact, I think Tesla is the future. That doesn't mean I want to be the consumer with paint problem or leaking body while Tesla ramps up.
- mrtksn 6y agoThat's market value calculated by multiplication of the shares available and share price. Gamestop was 10X more valuable 3 days ago than today. It doesn't mean anything unless you trade shares.