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Lets start with two assumptions. In 10 years, majority of cars sold will be electric. Majority of cars sold will have self driving capability. Tesla is a leader
by aero-glide2 5y ago
Lets start with two assumptions. In 10 years, majority of cars sold will be electric. Majority of cars sold will have self driving capability. Tesla is a leader in both. Much of the traditional knowledge companies have about ICE engines do not help them build a better electric car. That knowledge is worthless for the future.
Stock price represents future value.
- BluntleyHonest 5y agoGod I wish stupid people like you didn't exist.
- meowface 5y agoI don't mind harsh or critical comments, but you're going to have to at least add some substance if you want any effect.
- kaba0 5y agoIn electric cars, the battery is the only “hard” part, and that is (or maybe just was) “third-party” even for Tesla. And level 2 is not self-driving and is just dangerous. And I don’t see how would we get to level 3, let alone higher levels. And stock price represents.. basically hype, which is remotely may be based on some figures.
- deleted 5y ago[deleted]
- oblio 5y ago> Much of the traditional knowledge companies have about ICE engines do not help them build a better electric car. True, but look around at the electric platforms being developed by traditional car companies. Mercedes has one, BMW has one, VW has one, Nissan has one, etc. Most of them will be transitioning. The stock price represents future value where that value is Tesla absolutely crushing everyone else, which we can now say with ~80% confidence won't happen. Irrational exuberance.
- f6v 5y ago> Majority of cars sold will have self driving capability. Self-driving is always around the corner, just 5 years away.