Re:Tesla's market cap now accounts for roughly 1/3rd of the ...
by RivieraKid on Sunday December 13, 2020 @08:57PM
(#25412661)
1, 2 and 4 were expected and incorporated in the price, 3 was a nothingburger. A good valuation takes into account the risk that anything which is expected fails for some reason, so when the expected stuff happens, it should increase the valuation by removing the risk. But it's never a game changer that should increase the valuation by a factor of 15.
Re:Tesla's market cap now accounts for roughly 1/3rd of the ...
by ericd on Sunday December 13, 2020 @11:21PM
(#25413515)
Weird, I thought #3 was by far the most exciting of the 4. It outlined the path to the tipping point where EVs with decent range are cheaper than low end ICE cars.
Re:Tesla's market cap now accounts for roughly 1/3rd of the ...
by LanceJones on Sunday December 13, 2020 @10:43PM
(#25413290)
According to whom? Anyone who understands battery density, costs, and scaling production certainly wouldn't agree with your "assessment".
I think the evidence proves otherwise. It's the other automakers that have had no news.
1. They announced and are rapidly building a factory in China
2. They announced the Cybertruck, and are rapidly building a factory in Texas to build it.
3. They held "battery day" where they deep dived into how they're streamlining the production of cells to crack the $100/Kwh mark
4. Factory in China is now building over 20k vehicles/month.