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Originally Posted by Crypto Crude
Lol dude just stop it ...
Tesla produces fluff all cars... just over 500,000 cars last year ...
These are the biggest car producers in the world, Tesla doesn't even make the list...
Look at this man... Volkswagons car output is 21 times bigger than Tesla...Toyota 20 times bigger...
Even we willy winky Suzuki down in 10th is producing 5 times more cars than Tesla...
The Car industry is full of competition and struggle... Its extremely hard to make money... Tesla don't make material profit and likely never will... and not with cars anyway... maybe their other business models will like the self driving taxis, or semi trucks....
Tesla is so overvalued and hyped it's nothing short of the legal version of Enron ...
Dumbest post I have read since joining this forum.
-Your article is from 2019 and data from 2018
-E.Vs represent 3% off the total addressable market, check back in 10 years when E.Vs represent 50% and Tesla is delivering 20million units...per year.
-Demand is high for Tesla, Waiting list lasting months.
-Toyota,VW are "car" companies.
Tesla is-
-The world's largest super charging station company
-A solar panel company
-A energy storage company
-A solar roof company
-A artificial intelligence company
-developing robo taxi company
- Autonomous software development company
-Worlds largest robotics company developing the world's first humanoid...oh yeah and the world's largest EV manufacturer company.
Understand the difference between growth investing and value investing, one projects profit's the other relies on debt for share buybacks and is basically a zombie company relying on debt to keep its shareholders happy.(SKT)
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