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One thing that never seems to get mentioned is the stock price. Tesla is worth multiple Toyota's?
by duxup 2y ago
One thing that never seems to get mentioned is the stock price.
Tesla is worth multiple Toyota's?
- ceejayoz 2y agoIt's down a bit since then, but… https://tech.yahoo.com/transportation/articles/tesla-worth-more-gm-ford-195100423.html https://tech.yahoo.com/transportation/articles/tesla-worth-m... > Tesla, which is based in Austin, Texas, has a value that is only matched by combining the market caps of the next 16 most expensive car companies...
- tene80i 2y agoThe theory is that it’s because Tesla is positioned to move into AI, energy and robotics. It’s not capped at the value of a car company. But I don’t know how grounded in reality it is that they can make the transition, or how well estimated the upside.
- actionfromafar 2y agoEveryone and their dog is positioning to move into AI, energy and robotics.
- bdangubic 2y agoI am personally also into ai, energy and robotics :)
- toomuchtodo 2y agoIt trades on hope.
- bdangubic 2y agoeverything trades on hope :) Tesla though trades in fantasy, a true meme stock!