3 ms·

Margins are crumbling and now the story is that they'll make it back by selling fsd. On top of that, all the insane valuations assume both of the things (high

Margins are crumbling and now the story is that they'll make it back by selling fsd. On top of that, all the insane valuations assume both of the things (high market share of EVs and high penetration of EVs across car market). Anyway you already knew that.

nxm 4y ago
And yet they still have one of the best margins in the auto industry
- bagacrap 4y ago
  Musk seems to think it's a tech company and margins are not so amazing for that industry. If you think it should be considered an auto company the valuation is even more ludicrous.