Tesla’s Tumble Obliterates Half of Meteoric 2020 Rally
bloomberg.com
bloomberg.com
Or realistically, as discussed by someone (Brad G?) on the "All In" podcast, should the COVID years just be seen as a write-off?
In other words, this is the real value, regardless of any "fake high" they achieved over the past ~3 years.
And if not, do you have faith that others can be made to hold the bag with "Tesla is worth that much" written on the side long enough for you to profit and exit?
[1]: especially as many of these manufacturers also have competent, if memetically unexciting, electric programmes, and also have proven manufacturing capacity and ability, pre-made global sales networks and CEOs who aren't spending hours a day starting flame wars on Twitter.
It's bizarre that people think that having a larger margin per car compared to Toyota or GM means something, when Toyota, GM, and Ford's per-unit margins are dragged down by the millions of cheapo cars they sell overseas, and the money they spend on quality control that Tesla doesn't.
Ford, GM, and Toyota absolutely blow Tesla's margins out of the waters with the margins they make on their trucks.