Seeing Tesla hit 50B but GM be around 60B makes me wonder if auto is under valued.
Transportation is boring but necessary. These companies also have plenty of experience and infrastructure.
Sales are marketing based.
Transportation is boring but necessary. These companies also have plenty of experience and infrastructure.
Sales are marketing based.
I used to be quite bullish on Telsa...until I bought a 2019 Mazda 3 this past weekend. It is basically a Telsa that cost me $25K...Prior to this weekend I drove a Mazda 6 that I bought in 2006. While car shopping I came to realize that most of the things that made Telsa exciting are rapidly being integrated into standard consumer vehicles.
With Elon's seeming unsuitability for the role of car company CEO and if it is the case that Telsa doesn't have much of an edge over the competition, it is hard to see Telsa pulling through in the long haul.
Tesla has an EV of $43B. GM has an EV of $135B.
What does 'auto' mean in this context?