All these things are true except Amazon is mostly a cloud company and Apple makes the computers most people use for non work.
Eventually they will all be valued as such, but for a while mass delusion will continue to make them more expensive. You are probably too young to remember when Cisco was basic the internet company and valued as such.
I am 42 years old. I remember when the SGI O2 was the hot thing to have on your desk, Netscape was the hot new startup, when Mozilla was open-sourced, and when jwz left to burn some of his fuck-you money on saving nightclub in San Francisco. All I could afford was my Linux PC, but I was alive. I remember the entire dotcom boom and bust.
None of that matters. I actually know some of the engineers that work (or have worked) at Elon Musk's companies. They're all extremely smart, talented and hard-working. (One of them hates Musk's guts, one is indifferent, and the rest of them respect him enormously.) Tesla will eventually be the largest company on Earth, and no one else is close.
This is quite a take. I guess you're basing this on FSD becoming a huge moneymaker for them, but that's unlikely given it's not true FSD and it's only Level 2 autonomy, and Level 3 is probably years away for them. Compare to Mercedes, who just got Level 3 approved in Nevada. It's under very specific conditions, but while it's activated, Mercedes assumes liability. I don't see Tesla doing that before 2026.
IMO adding very unreliable features like FSD should not even be legal. The car should be very good at what it tries to do.
>Tesla will eventually be the largest company on Earth, and no one else is close.
And yet you have no way of knowing how "close" the "no one" companies are if you have zero knowledge of a competitor that has already surpassed their technology.
Cut the hyperbole and talk about things that you have knowledge of.
Tesla with thrive, and only some of their competitors are going to make it through. I hope that's not too controversial (shrug).
Is your thesis that A) Tesla will finally develop fsd AND B) no one else will ever be able to?
I definitely think that competing companies will catch up, but that it will take them around 5-15 years to do it. (It took Microsoft about a decade to come up with a real competitor to the original Macintosh, for example.) That's an eternity in business, so Tesla will accrue huge gains financially over that period and this first-mover advantage will give them a huge lead with the Tesla Bot.