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Re:Reddit's GameStop, AMC surge is the new Occupy movement by galangalalgol on Thursday January 28, 2021 @11:45AM (#25944614)
Toyota is always a decade behind, it is part of their value proposition. Bronze tools were better than iron for over a century after iron was commonplace. Toyota has a very conservative engineering culture. And the idea is that it makes for more reliability.

The overvaluation of tesla is just an extreme example of the overvaluation of the whole market. Every stock has a decade or two of growth baked into the current price instead of people paying what it is worth today. Tesla probably will be worth its stock price in less than 20 years, but why are we paying for future gains? What happened to the time value of money?

Re:Reddit's GameStop, AMC surge is the new Occupy movement by lb1lf on Thursday January 28, 2021 @12:49PM (#25945645)
Additionally, Toyota (and most other 'old' car manufacturers) have built a massive service organization which Tesla, well, hasn't.

Anecdotal - my neighbour has a 2019 Model X with some shenanigans going on with a sensor in the driver's side door. It has been going on more or less since the car was new, but parts are in short supply as it is (understandably, as long as the market lets them get away with it) more profitable to put the part in a new car than it is to perform a warranty repair.

On my 20-year old Land Cruiser, I recently had to replace the multi-function switch for adjusting the power mirrors. My local Toyota garage (on a small island off the Norwegian coast) didn't have it in stock, but next morning at 0851 a SMS ticked in, stating the part was ready for pickup - at a cost of less than $100 for the complete unit.

That kind of logistics organization is what Tesla will need in the long run. Building it is going to be very, very costly.

Re:Reddit's GameStop, AMC surge is the new Occupy movement by ruds on Friday January 29, 2021 @11:20AM (#25958916)
A large component of the time value of money is the rate of return that a dollar today brings in vs a dollar in the future. With super-low interest rates, the time value of money is relatively low and future income is valued relatively highly.