3 ms·
Their valuation is far beyond what can be justified by any company that makes and sells cars. IIRC they have (had?) a higher market cap than every other car com
by kalleboo 3y ago
Their valuation is far beyond what can be justified by any company that makes and sells cars. IIRC they have (had?) a higher market cap than every other car company combined.
Their valuation is based on being a "tech company" like FAANG, and somehow making more money by offering robo-taxis or something than selling cars.