How is this possible

All these companies have a lower valuations than tesla despite selling way more cars. GM alone sold 10 times more cars than tesla in 2019 yet they're valuated 10 times lower than teslas?

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Petrol and Diesel car sales are being banned in the future, most of those companies won't be ready for it

Current price = Future expectations of cashflow/profit growth, so yeah very high expectations

Tesla doesnt sell cars. This is what people dont get.

The value of tesla is 10x what is it now.

They don’t have ceos on twitter talking to zoomers with access to robinhood

If this is not shitposting I truly believe Tesla is going to crash 90%

this plus market is flooded with money rn. We are unironically in tulipmania.

>The value of tesla is 10x what is it now.
based on what based retard?

The p/e rario is like 1100, do these people think Teslas earnings will rise by over a thousand times? I saw Cathie woods say tesla stock will soon hit 7k, which is 3.5 times the worth now. Wtf?

you realise that these other companies will have to buy/licence the automated driving from tesla. Or you think they are going to make their own.

just short tesla easy money

>Or you think they are going to make their own.
Yes you absolute retard

>they are going to make their own
Why not? There are companies working on their own self driving cars all over the world.

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this
people are fucking retarded
tesla is not a car company, theyre an ai company
50k self driving vehicles in the US alone, all collecting data to tran and improve their algorithms
they have the most sophisticated self driving tech on the planet

Tesla is the Apple of the auto world. This would never happen.

It's true though, Tesla is propped up by the fed. Once this stops, it's gonna crash.

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Because Tesla is the new paradigm, while all those brands are the old paradigm that hasn't changed fundamentally since "just-in-time" manufacturing.

If you want an illustration of this:

regular cars:
>kept devolving into more and more underpowered & overturbo'd shitboxes over the past decades

Tesla:
>regular sedan beats the absolute snot out of anything but the absolute most exotic sports cars

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Oh shit. A wojak edit? You mean business.

Muh AI company

If this is not bait please fuck off back to r/soi

Dont you understand that boomers are even worse than crypto zoomers?
They see a huge moon and they think its not about the companies line of business anymore.

>"car company Tesla moons because it's also a supermarket company since the cars drives to supermarkets"

Hype = Price

Lmao this
>tech company because the cars have so good "tech"
>space company because elon also founded spacex

not only do they need to use teslas existing resources, like the supercharging grid, they also have to use their software (or google/waymo's), they also have to make their own gigafactories, they also have to set up their own supply chain for solar, etc. the biggest part here, that you haven't pointed out, is that elon musk made tesla. in large part, it's a bet on elon musk. and that's a turbo autist. consoomers buy his shit like no fucking other.

this is pretty bearish not bullish

>martian brain chips
>car company

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See

Auto driving doesn’t work in winter , it won’t see widespread adoption for years

Hi hello welcome to clown market speculation

Nothing has changed fundamentally but number can go up as long as there's a sucker buying at a given price

15k

Now do one for Apple and all the other phone companies.

imagine thinking this

German automakers are already in talks with the government about banning Teslas EU-wide.

Elon Shit is just pumping his bags. Hope based SEC comes in again and deliver the final blow to this evil immigrant siphoning American taxes. Ugh. All Elon fags should go back to plebbit.

Nice FUD. Maybe this is why Tesla will be a German automaker in less than 6 months.
Elon is playing 5D chess in a quantum timeline.

no tesla investors think tesla is the chainlink of the stock market

Imagine thinking Google, that get literally trillions of datasets from the Recaptcha to train their self driving AI vehicles will be beaten by Tesla.
Google (Alphabet) entry will be quick and they will become the market dominator in no time, that’s how they’ve always done it.