> Tesla is probably a bit overvalued but not by much.
Tesla's current market cap only makes sense if they're producing more vehicles than every other US manufacturer, combined. That's a little more than "but not by much".
Tesla's current market cap only makes sense if they're producing more vehicles than every other US manufacturer, combined. That's a little more than "but not by much".
They also do that without spend on advertising. Honestly, that's pretty impressive. Is it worth more than all other auto companies combined? Will it last?
No idea.
Tesla is basically in all the high capital with low margin businesses (cars, electricity, solar, batteries).