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The more interesting dynamic with Nvidia though is that most of its revenue is actually fueled by bubbles as well. Teslas earnings are much more grounded and na

The more interesting dynamic with Nvidia though is that most of its revenue is actually fueled by bubbles as well. Teslas earnings are much more grounded and natural.

germinalphrase 2y ago
“Teslas earnings are much more grounded and natural.” How do you rationalize Tesla being valued higher than the combined valuation of the next ten car companies? They will be the only one left standing?
- jansan 2y ago
  I think you misunderstand that comment. Tesla may be hopelessly overvalues, but their revenue may grow in future. OTOH Nvidia's revenue may have peaked.
  - deleted 2y ago
    [deleted]
  - dzonga 2y ago
    how is their revenue gonna grow in the future when they don't have an edge in their main core product. Batteries are by panasonic. while BYD makes its own batteries. Tesla has no moat. At least Nvidia has CUDA
  - germinalphrase 2y ago
    Maybe so. Their valuation coming down to earth would certainly ripple. Whatever precedes that fall, it seems unlikely that revenues would remain unaffected. In all, it’s unfortunate that the US’s most prominent electric vehicle manufacturer is wrapped up in so much noise. Competition is only going to stiffen.
sulam 2y ago
You forgot to add “Long TSLA”
throwaway2037 2y ago
I don't why this comment was downvoted. You raise an important point. I also noticed that you (carefully?) made no comment about Telsa's stock price. Instead, you only focused on their earnings -- which are excellent for a car company.
- simianparrot 2y ago
  It got downvoted for not parroting “Tesla bad” even if it didn’t claim anything to the contrary and is simply observing one fact — Tesla’s earnings being great. That’s not acceptable apparently.
  - scarface_74 2y ago
    Earnings aren’t great though…
- scarface_74 2y ago
  How are there earnings excellent? Sales are declining in both real terms and market share. The brand is globally toxic. Net income is down 70% year over year and they are now losing money.
diamond559 2y ago
Grounded as in they are heading straight down to the ground sure.

The more interesting dynamic with Nvidia though is that most of its revenue is actually fueled by bubbles as well. Teslas earnings are much more grounded and natural.

germinalphrase 2y ago

“Teslas earnings are much more grounded and natural.” How do you rationalize Tesla being valued higher than the combined valuation of the next ten car companies? They will be the only one left standing?

jansan 2y ago
I think you misunderstand that comment. Tesla may be hopelessly overvalues, but their revenue may grow in future. OTOH Nvidia's revenue may have peaked.
- deleted 2y ago
  [deleted]
- dzonga 2y ago
  how is their revenue gonna grow in the future when they don't have an edge in their main core product. Batteries are by panasonic. while BYD makes its own batteries. Tesla has no moat. At least Nvidia has CUDA
- germinalphrase 2y ago
  Maybe so. Their valuation coming down to earth would certainly ripple. Whatever precedes that fall, it seems unlikely that revenues would remain unaffected. In all, it’s unfortunate that the US’s most prominent electric vehicle manufacturer is wrapped up in so much noise. Competition is only going to stiffen.

sulam 2y ago

You forgot to add “Long TSLA”

throwaway2037 2y ago

I don't why this comment was downvoted. You raise an important point. I also noticed that you (carefully?) made no comment about Telsa's stock price. Instead, you only focused on their earnings -- which are excellent for a car company.

simianparrot 2y ago
It got downvoted for not parroting “Tesla bad” even if it didn’t claim anything to the contrary and is simply observing one fact — Tesla’s earnings being great. That’s not acceptable apparently.
- scarface_74 2y ago
  Earnings aren’t great though…
scarface_74 2y ago
How are there earnings excellent? Sales are declining in both real terms and market share. The brand is globally toxic. Net income is down 70% year over year and they are now losing money.

diamond559 2y ago

Grounded as in they are heading straight down to the ground sure.