Re:Tesla Bonds Are in Free Fall
by xkjkls on Wednesday March 28, 2018 @06:44PM
(#16702715)
Really? Why? Is Tesla not a car company?
[ Parent
| on HN ]
Tesla is a battery company that also makes cars.
That seems like an even less bullish fact. Batteries are never going to command the same margin or moat as cars, and hence would have even lower market cap comps.
It is an energy company.
Tesla is a car company in the same way that Google is an advertising agency.