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> I've always been bearish on TSLA though. Every car company and nation will be pumping out EVs soon. The market monopoly bull case never made sense. I think th
by richbell 4y ago
> I've always been bearish on TSLA though. Every car company and nation will be pumping out EVs soon. The market monopoly bull case never made sense. I think the true value is half of Toyota's market cap, and I'll be buying puts on Monday.
IIRC Elon himself has said that Tesla is doomed without the success of FSD. I think any rational person would agree it's baffling how high a valuation Tesla has held for so long, especially when you compare them to any other car manufacturer, but as the saying goes "the market can stay irrational longer than you can stay solvent."