Quote (hellbender @ Mar 5 2021 10:21pm)
Well. Its not that they can beat them. Just consume a % of the market. As every car manufacturer will.
Spacex and Starlink are going to be separate companys and will not join Tsla ticker. So pretty much its valuation is ganna crash down to 200 billion eventually. Once the hype goes, well its already starting to go. Heck Tsla had the biggest % drop out of any other vehicle manufacturers today.
So we are just going to ignore autonomous driving, autonomous taxi, SaaS, energy production, energy storage, battery development, battery production, insurance, etc? As I said, Toyota can compete in one of those spaces (years behind the curve and growing). Tesla is going to be vertically integrated within numerous billion & trillion-dollar industries. This has nothing to do w/ Space-X & Starlink.
& that is incorrect. NIO fell 17% vs. Tesla's 12%. Regardless ATHs by August.
This post was edited by S3th on Mar 5 2021 10:01pm