Growing sales of cheaper Chinese EVs don’t change what I said. Teslas are the gold standard that people want, but not everyone can afford or justify the purchase price. A corolla isn’t a better car than a Lamborghini just because it sells more.
There’s more to a car than speed, and Teslas aren’t Lamborghinis. They were exciting when they were new, but they’ve always had quality issues. Toyota produces more reliable cars. And more cars. There’s no perspective from which Tesla’s valuation makes sense.
Tesla have their valuation because that’s what the market decides they’re worth based on past performance, future predictions, leadership, etc. That’s all there is to it. You think they’re overvalued because you hate their CEO and “founder”. While I don’t agree with the stock market, they’re far more correct than you are. Things are worth what people will pay.
Teslas are still the flagship EV brand. Not being the highest selling doesn’t change that. Did you not understand the Corolla/Lamborghini example?
Growing sales of cheaper Chinese EVs don’t change what I said. Teslas are the gold standard that people want, but not everyone can afford or justify the purchase price. A corolla isn’t a better car than a Lamborghini just because it sells more.
There’s more to a car than speed, and Teslas aren’t Lamborghinis. They were exciting when they were new, but they’ve always had quality issues. Toyota produces more reliable cars. And more cars. There’s no perspective from which Tesla’s valuation makes sense.
Tesla have their valuation because that’s what the market decides they’re worth based on past performance, future predictions, leadership, etc. That’s all there is to it. You think they’re overvalued because you hate their CEO and “founder”. While I don’t agree with the stock market, they’re far more correct than you are. Things are worth what people will pay.
Teslas are still the flagship EV brand. Not being the highest selling doesn’t change that. Did you not understand the Corolla/Lamborghini example?