Re:Tech bubbles are bursting all over the place
by mattwest on Friday May 13, 2022 @08:39PM
(#31374003)
I was responding to a comment which was referencing Q1 2022. Not sure if you missed that or intentionally chose annual figures to shift the goalposts, but either way I agree Tesla is trending toward sector domination and has the potential to prove its valuation as valid. Alas, that has not happened yet, and the market is more complex than net income trajectories. If you firmly believe Tesla will be the EV king in 10 years then so be it, but don't hold your breath.
Re:Tech bubbles are bursting all over the place
by LigmaYC on Saturday May 14, 2022 @12:43AM
(#31375152)
> I was responding to a comment which was referencing Q1 2022.
There is nothing referencing Q1 2022 on this thread.
> Alas, that has not happened yet, and the market is more complex than net income trajectories
The comment you replied to didn't state that the market is simply net income trajectories.
Far exceeds? It is only 5% higher so that's a bit of a stretch ($22.4bn vs $21.4bn).
Plus Toyota had shrunk it's net income from 20/21 to 21/22, while it was a 116.86% increase for Tesla, so it would need an optimistic person to think that Tesla hasn't already overtaken in the last few months since 21/22 year end.