[user104658]

Originally Posted by bots

it's actually impossible to quantify how rich musk will become over the next few years, but it's astronomical.

He and his team have open access to all US citizens data, including all his competitors. He has AI models churning through the data. That gives him access and advantage that no-one else has previously had. Tesla and X are basically throw away toys now

Tesla yes, X is still key to a big part of his strategy and the problem with it is that it's leveraged on Tesla stock. He's not out of the woods yet - like I said there's a reason he's gone quiet.

[James]

Tesla is valued so high cause of

EV mandates around the world,
hype,
and hopes for self-driving.

I've read it is valued at something like 20-times other car companies when you compare to earnings.

[user104658]

Originally Posted by James

Tesla is valued so high cause of

EV mandates around the world,
hype,
and hopes for self-driving.

I've read it is valued at something like 20-times other car companies when you compare to earnings.

Which is daft because Teslas are utter shyte and when the other big-name manufacturers start to truly shift their focus to EV, no one is going to want a cheap plastic Tesla in their driveway

The main reason the shift hasn't happened of course is because the infrastructure isn't there to have everyone driving an EV. Which makes the mandates nonsensical.

[James]

Originally Posted by Quantum Boy

Which is daft because Teslas are utter shyte and when the other big-name manufacturers start to truly shift their focus to EV, no one is going to want a cheap plastic Tesla in their driveway

The main reason the shift hasn't happened of course is because the infrastructure isn't there to have everyone driving an EV. Which makes the mandates nonsensical.

I just think EVs cost too much.

The mandates give Tesla a competitive advantage being one of the few electric-only manufacturers.