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The problem is that most of Tesla's market cap is hype, and the hype is tied specifically to Elon. Get rid of him and it becomes just another car company with a
by Analemma_ 3y ago
The problem is that most of Tesla's market cap is hype, and the hype is tied specifically to Elon. Get rid of him and it becomes just another car company with a P/E to match.
- JumpCrisscross 3y ago> most of Tesla's market cap is hype, and the hype is tied specifically to Elon What is the evidence for this? On one hand, he drives retail interest in the stock. But that doesn't alone a $700bn company make. Tesla also has a $100bn revenue book that it turns as a profit thanks to its expertise and operational experience making batteries. To the extent batteries are to EVs what engines were to ICE vehicles, that puts it in a unique position in America and small company globally. Between the cybertruck and Musk's fring politics, we may be approaching the point where his affiliation flips to liability. (A nested counterpoint being this resilience returning as evidence for his contributions.)
- dr-detroit 3y ago[dead]
- iknowstuff 3y agothe cybertruck with all positive reviews and >million reservations? Im sure that will flip it yeah