Maybe but remember Tesla basically has no earnings and Apple has very strong earnings. Tesla is struggling against other EVs where there are no government subsidies. Yep. ARK made its name on Bitcoin. Her formula is from crypto - buy lots of tech shit, most of fails but 1 or 2 things are 100 baggers and are great for marketing.
That's why I said "Is it rational based on Tesla's current financials? No.". The market however will drive it higher. Saw a meme the other day about a fund manager firing one of his traders for using the F work. "We don't talk about Fundamentals around here!".
Priced in BTC, Tesla's are getting cheap, so expect Elon to disclose he owns BTC. As sure as death and taxes all these companies will crash but there's riches to be made if you time your exit perfect.
And then there was one large company with an infinitely larger PE defying gravity. After years and years looking like the big short.
Lots of production capacity coming on line. Model y being made in China now. Berlin factory going up fast after a slow start and Texas chugging along. They might have to do some advertising eventually. Can they sell or those cars.
Model S refresh is finally out. The steering wheel is controversial. https://electrek.co/2021/01/27/tesla-unveils-new-model-s-x-interior-crazy-steering-wheel/ Pics and specs in the link.
Yes. They are much stronger than a conventional roof apparently but I will never forget getting sunburnt knees on a long drive decades ago. I’m still careful about that. You would have to think air con to compensate might burn a few extra electrons.
The steering wheel is controversial? what about the ridiculous tacked on computer monitor - displaying games on the screen no less - That to me is more worrying and is certainly an indicator of who they feel their market should be even though they'll never be able to afford one. What ever happened to the days cars were cars. You know, the 70's escorts and 80's sierras, the BMW 80's e30 chassis and to some degree the 90's e36, the 90's Mitsu GSR's and Suby WRX's, The Mazda MX5's, and on and on. Hell even the crappy Torana, Commodore or Falcon has more driver involvement than that Frankenstein linked above. The first thing that sprung to mind when I read the link and watched the review was that movie from a decade or so ago, where everyone is fat and playing games and watching tv while technology does all the work for them.
Heh, well in that respect I suppose they share at least one thing in common with a Tesla - but at least they were fun to drive and didn't randomly blow up in flames; when that happened we brought it upon ourselves
They sold about $270million worth, and still retain about $1.3billion. https://tesla-cdn.thron.com/static/...ion=inline;filename="TSLA-Q1-2021-Update.pdf"
