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A comment on Tesla Market Cap falls below $500B. Parent comment

Re:Tesla Market Cap falls below $500B by loeg on Wednesday December 14, 2022 @01:25PM (#33987580)
It makes a lot of profit but it has an irrational P/E ratio well in excess of other automakers (49 for TSLA vs 11 for TM).
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Re:Tesla Market Cap falls below $500B by snovv_crash on Wednesday December 14, 2022 @01:32PM (#33987725)
How about if you factor in the last 10 years of marketshare trajectory and then extrapolate a little?
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Re:Tesla Market Cap falls below $500B by philjohn on Wednesday December 14, 2022 @03:43PM (#33990252)
Past performance is not an indictor of future performance.

VW is on pace to outsell Tesla in a little over a year, they're just one competitor.

I now see just as many Polestars and VW id's as Tesla's in the UK ... it's quite remarkable how much things have changed from Tesla being the only real game in town just a few short years ago.

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