Hacker News Reader

Tesla is the largest automaker by market cap because of speculation.

Yeah speculation that's it. Not because the government is printing money left and right for EVs or something

Tesla is not the only EV manufacturer.

No, you don't say? They are the largest and in the best position to profit from this legislation though.

The UAW didn't fight so hard to get Tesla excluded for nothing.

PE ratio of 50 seems very reasonable for a growth stock.