can't edit: obvious $1T* Another note on valuation. Even Musk said many times, it's absurd. But the valuation in his view, and some analysts, is on Tesla as a

can't edit: obvious $1T* Another note on valuation. Even Musk said many times, it's absurd. But the valuation in his view, and some analysts, is on Tesla as a autonomous Uber-taxi network. If you take a car that is parked, etc, and offer mobility services, that revenue is apparently enough to make it worth $1T. We won't just get rid of millions of cars we have on the road today. So, that if anything will take 20 or 30 years to become a reality if anything. And it's hope that it will create robots, etc...even though there is no evidence that it has any capability in the robotic space. So, this boils down to a continuation of crazy market froth that we have seen for several years, and excess liquidity in capital markets. I guess valuations will come down when recession fears come back into the frame which is the reality. But really crazy amount of money that people have put into the market over the last decade. All that has made it into a huge casino supported by the Fed, to mostly make the rich richer, where assets can add or remove $700B value in swings in 6 months.