Re:Why Tesla stock is vastly overpriced
by statguy on Sunday December 20, 2020 @01:55PM
(#25488605)
Tesla sells less than 1% of the vehicles that these companies sell combined. Are you seriously suggesting that Tesla production will increase by 100x within a decade? Even if we assume that 100% of the vehicles sold in a decade are electric (highly unlikely), the majority of the increase is likely to come from the other companies. They are not going to sit still and let Tesla devour them.
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> Are you seriously suggesting that Tesla production will increase by 100x within a decade?
Tesla scaling electric vehicle and battery production by 60% CAGR for a decade doesn't seem too ridiculous when you put it that way. And that doesn't factor in new products. Look at Apple in 2007.
At what CAGR has their vehicle production scaled over the past 5 years?