There’s more to a car than speed, and Teslas aren’t Lamborghinis. They were exciting when they were new, but they’ve always had quality issues. Toyota produces more reliable cars. And more cars. There’s no perspective from which Tesla’s valuation makes sense.
Tesla have their valuation because that’s what the market decides they’re worth based on past performance, future predictions, leadership, etc. That’s all there is to it. You think they’re overvalued because you hate their CEO and “founder”. While I don’t agree with the stock market, they’re far more correct than you are. Things are worth what people will pay.
Teslas are still the flagship EV brand. Not being the highest selling doesn’t change that. Did you not understand the Corolla/Lamborghini example?
That’s just a “the stockmarket can’t possibly be wrong” argument, but the stockmarket has often been wrong.
Tesla is overvalued. That’s blatantly obvious if you look at the data. There’s no justification for Tesla’s insane market cap other than hype or corruption.
Did you not understand the Corolla/Lamborghini example?
I do, but I wonder if you do. Toyota is far, far more valuable than Lamborghini. Toyota is the largest car manufacturer in the world, and with a market cap of $269B, the second most valuable after Tesla.
Lamborghini is not independent, but owned by Volkswagen, as part of their Audi group, and all of those brands put together have a market cap of $58B.
Your argument is not a justification for Tesla’s high market value; quite the opposite.
The stock market isn’t “wrong” - it’s the stock market. Tesla is worth what the stock market says it is, quite literally. Hype, corruption……yeah, that’s the stock market.
You can’t just take “hype” out of the stock market because that’s one of the biggest, most essential parts of it.
this is an extremely surface level understanding, the stock markets value tesla highly because of a history of government subsidies and protections as well as musks perceived closeness to the white house because of how much he paid into the presidency. This has been shown directly through stock analysis around certain events such as the results of the recent american presidency election which led to the stock of tesla drastically increasing overnight. and surging ever since, with notable drops during times when he feuded with trump more openly, losing a 150 bn dollar valuation over just a couple of days at the time of june 5th. And they only started to marginally improve after musk apologized.
None of that goes against what I said, or is even necessary to add. The market decides the valuation basically - that’s what I said. That’s what you then said, while saying my statement was “an extremely surface level understanding”.
The stock market is all about hopes and dreams, expectations, fear, uncertainty, doubt, and a massive dollop of manipulation.
you compared a tesla to a Lamborghini… and were complaining that chinese evs selling well doesn’t mean theyre better than teslas when objectively many of these cars have a bunch of reasons that they are reviewed better than teslas. You using the stock market to act like teslas are some gold standard has some pretty big importance as to why it matters to bring up Elon Musk and government subsidies, because tesla wouldn’t have that valuation at all without those realities.
There’s more to a car than speed, and Teslas aren’t Lamborghinis. They were exciting when they were new, but they’ve always had quality issues. Toyota produces more reliable cars. And more cars. There’s no perspective from which Tesla’s valuation makes sense.
Tesla have their valuation because that’s what the market decides they’re worth based on past performance, future predictions, leadership, etc. That’s all there is to it. You think they’re overvalued because you hate their CEO and “founder”. While I don’t agree with the stock market, they’re far more correct than you are. Things are worth what people will pay.
Teslas are still the flagship EV brand. Not being the highest selling doesn’t change that. Did you not understand the Corolla/Lamborghini example?
That’s just a “the stockmarket can’t possibly be wrong” argument, but the stockmarket has often been wrong.
Tesla is overvalued. That’s blatantly obvious if you look at the data. There’s no justification for Tesla’s insane market cap other than hype or corruption.
I do, but I wonder if you do. Toyota is far, far more valuable than Lamborghini. Toyota is the largest car manufacturer in the world, and with a market cap of $269B, the second most valuable after Tesla.
Lamborghini is not independent, but owned by Volkswagen, as part of their Audi group, and all of those brands put together have a market cap of $58B.
Your argument is not a justification for Tesla’s high market value; quite the opposite.
You took the wrong message from what I said.
The stock market isn’t “wrong” - it’s the stock market. Tesla is worth what the stock market says it is, quite literally. Hype, corruption……yeah, that’s the stock market.
You can’t just take “hype” out of the stock market because that’s one of the biggest, most essential parts of it.
By that argument nothing is ever overvalued because apparently that’s what the stockmarket says it’s worth. But crashes still happen.
They’re valued at whatever people will pay for them.
That doesn’t mean that value is reasonable, though. The stockmarket has a rich history of hysteria and irrationality.
It doesn’t have to be reasonable, it just has to be what the stock market values it at. That’s how valuations work.
Are your unaware that you are arguing towards a tautology? “It’s not overvalued because this is what it’s valued”. That’s meaningless.
If the assets, profits and projected growth do not justify the current valuation, it’s overvalued. That’s the case for Tesla.
this is an extremely surface level understanding, the stock markets value tesla highly because of a history of government subsidies and protections as well as musks perceived closeness to the white house because of how much he paid into the presidency. This has been shown directly through stock analysis around certain events such as the results of the recent american presidency election which led to the stock of tesla drastically increasing overnight. and surging ever since, with notable drops during times when he feuded with trump more openly, losing a 150 bn dollar valuation over just a couple of days at the time of june 5th. And they only started to marginally improve after musk apologized.
None of that goes against what I said, or is even necessary to add. The market decides the valuation basically - that’s what I said. That’s what you then said, while saying my statement was “an extremely surface level understanding”.
The stock market is all about hopes and dreams, expectations, fear, uncertainty, doubt, and a massive dollop of manipulation.
you compared a tesla to a Lamborghini… and were complaining that chinese evs selling well doesn’t mean theyre better than teslas when objectively many of these cars have a bunch of reasons that they are reviewed better than teslas. You using the stock market to act like teslas are some gold standard has some pretty big importance as to why it matters to bring up Elon Musk and government subsidies, because tesla wouldn’t have that valuation at all without those realities.
Ok I see the problem - you don’t understand the comparison. I’m not comparing teslas to Lamborghinis.
I’m not using the stock market to act like teslas are the gold standard either.
You’ve basically not understood a thing I’ve said, despite me using the most basic, as old as time comparison tools and logic.