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I mean at the end of this day they are still an electric car company with a failed push into self driving and ai. There is only so far one can reasonably go eve
by userinanother 3y ago
I mean at the end of this day they are still an electric car company with a failed push into self driving and ai. There is only so far one can reasonably go even if they own the entire electric car segment
- pk-protect-ai 3y agoTesla need to sell 66666666.(6) cars at a $60k price to make $4T sales. Tesla sold 1.31M vehicles in 2022, thus it will take Tesla 50.8905 years to make sells in $4T value. There are still other products they are producing, but I'm failing to see how is Musk's statement is not a wishful thinking ...
- userinanother 3y agoOnce the price to revenue ratio gets that out of wack it’s damn near impossible to grow out of and a correction is basically guaranteed eventually. Even if you grow into that valuation via inflation which is the only conceivable way to get there your purchasing power with that amount is still not great.