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A comment on Tesla on track to smash targets after producing almost a million EVs in 6 months. Parent comment

Re:Tesla on track to smash targets after producing almost a ... by wrsh07 on Sunday July 02, 2023 @11:12PM (#36568317)
They're literally responding to someone commenting about stock price

Tesla sales growth currently seems limited by their ability to produce, so that's fairly bullish

Market cap isn't meaningless, though. Neither is debt. Market cap should be a function of assets, so presumably if Toyota had as little debt as Tesla it would be ~480b market cap.

Why is Tesla higher? It has a better story (not saying I buy it, but at least I can explain it!):

Better self driving prospects (data + compute), licensing charger design, huge growth numbers

[ Parent | on HN ]
Re:Tesla on track to smash targets after producing almost a ... by FireBeyond on Monday July 03, 2023 @11:40AM (#36574497)
At one point, Tesla was worth more than: Toyota, Volkwagen Group, Hyundai/Kia, General Motors, Ford, Nissan, Honda, Fiat Chrysler, Renault, Suzuki, Daimler, BMW, Mazda and Mitsubishi combined. (Plus several Chinese manufacturers: SAID, Geely, Changan, Dongfeng).

I'd love anyone to justify that with a straight face.

[ Parent | on HN ]
Re:Tesla on track to smash targets after producing almost a ... by wrsh07 on Thursday July 06, 2023 @12:42PM (#36618757)
The justification is simple but you won't like it: retail investors enjoy owning Tesla more than they enjoy owning any of those other stocks

There are lots of reasons for that enjoyment, but I'm not sure they matter

[ Parent | on HN ]
Re:Tesla on track to smash targets after producing almost a ... by YetAnotherNick on Tuesday July 11, 2023 @12:09AM (#36676318)
Tesla is the only company significantly ahead of its competition in technical specification.
[ Parent | on HN ]
Re:Tesla on track to smash targets after producing almost a ... by martin8412 on Monday July 03, 2023 @12:11PM (#36575009)
Well no.. They don't have better self driving prospects. Tesla claimed in 2016 that the driver was only in the seat for regulatory reasons. We're now in 2023 and Tesla is still only level 2, nowhere near autonomous driving.
[ Parent | on HN ]