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Again, the numbers don't add up. It's an illusion - you can project this kind of growth for small companies, not for huge companies. Maybe if aliens come down t

Again, the numbers don't add up. It's an illusion - you can project this kind of growth for small companies, not for huge companies. Maybe if aliens come down to earth to buy some GPUs next year. Same for Tesla - for those projections to be true, they would need to be making more cars than any other car maker, and soon. It's not even close to happening. I'm not saying that to diminish their achievements - which are truly unbelievable ! But their valuation reflects almost impossible things. Fun fact for Tesla - Tesla is mostly buying batteries for their cars from other battery makers, not making them ! Tesla is very deceptive about what they do, and what they don't. Knowing that they are a just buying batteries and not making them, change your opinion about batteries making profit potential for Tesla ?

AnthonyMouse 3y ago
> It's an illusion - you can project this kind of growth for small companies, not for huge companies Google's revenue is at more than 500% of what it was a decade ago. Amazon 800%. > Knowing that they are a just buying batteries and not making them, change your opinion about batteries making profit potential for Tesla ? It's their purchasing capacity that matters because it's what justifies the amount it makes sense for them to spend on R&D (and provides the revenue they have to do it with). The factories that produce more cost-effective future batteries can't have been built yet anyway if the technology is still under development.
- TheAlchemist 3y ago
  I'm sorry but how this second answer relates to my question ? You said that selling a lot of cars is good since they gain experience in making cost-effective batteries, and hence can sell other profitable things - not only cars. I just pointed to you that it's not Tesla which is doing it - it's other companies ! Yet, somehow, you seem to ignore that little detail :)

AnthonyMouse 3y ago

> It's an illusion - you can project this kind of growth for small companies, not for huge companies Google's revenue is at more than 500% of what it was a decade ago. Amazon 800%. > Knowing that they are a just buying batteries and not making them, change your opinion about batteries making profit potential for Tesla ? It's their purchasing capacity that matters because it's what justifies the amount it makes sense for them to spend on R&D (and provides the revenue they have to do it with). The factories that produce more cost-effective future batteries can't have been built yet anyway if the technology is still under development.

TheAlchemist 3y ago
I'm sorry but how this second answer relates to my question ? You said that selling a lot of cars is good since they gain experience in making cost-effective batteries, and hence can sell other profitable things - not only cars. I just pointed to you that it's not Tesla which is doing it - it's other companies ! Yet, somehow, you seem to ignore that little detail :)