Global Automotive Industry by Market Cap

this is just crazy. Tesla is worth more than all major brands combined even though just one of them makes more profit than Tesla.

Yeah, looks crazy but can someone please draw 1998 version of "Global book stores industry market cap" with [Amazon.com](http://Amazon.com) included?

Do the same with net gain now!

That's because Tesla is priced as a tech stock not an automaker stock, even though it has automaker margins and actually its deliveries this year are down YoY. Elon Musk is a good hype man.

Why these wired shapes instead of a simple pie chart? How did you even create such wired figure!!

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What's the point? This is the stock price. It has very little to do with how Tesla is actually performing. It is the focus on stock performance that brought down Boeing and Intel. Very bad perspective to pay attention to.

Tesla is also the only way you can bet on SpaceX right now

Or global mobile phone market cap before iPhone.

I hate to be that person, but any company with artificial intelligence compute capabilities that rival or surpass those of Google, Amazon, or Meta is far more than just an automaker. With the completion of their data centers last year, Tesla is now a leader in AI compute infrastructure, and that positions them for many things beyond auto. Given the scale and ambition of what they are trying to achieve, it still remains significantly undervalued.

I think folks can be too quick to mistake ambition for capability. Stock should be based on the latter. I think it’s extremely difficult to conclude that Tesla has AI capabilities that rival Google, when it doesn’t offer any AI products, and it doesn’t have any realistic timeframe to do so.

FSD???

This. It’s like calling Amazon a bookstore. It’s not hard to see where Tesla is heading, and the market cap reflects that.

Also, always weird to compare. Tesla makes several billion $ per year selling battery and solar tech for homes. Ex. Tesla makes more revenue on solar and battery tech than the entire company of Ferrari

Google's primary product is data. Data on all of its users, web search, and ad traffic. They leverage that into revenue through ads. Tesla is also a data company. Each Tesla on the road sends more telemetry data back to Tesla than any other car company. Next to that they also happen to sell cars. Now I agree with you and I think that Tesla's market cap does not reflect the current company. It's also odd that the market keeps inflating it since it's alreafy so high it seems like even if they fulfill all of their potential their cap still wouldn't make sense. That being said inflated valuations are a hallmark of tech and data access and analytics are a big part of that. They haven't leveraged it directly into a ton of revenue that I known of but that resource is huge.

There’s a difference between leadership focusing on stock price and investors focusing on it. In Tesla’s case it’s the investor. Tesla is a rollercoaster stock, and the management doesn’t care. Tesla itself is flush with cash, their decisions are not to ‘influence’ stock price. Tesla is long term focused, and surprise surprise, that’s what investors like.

Sure, but that is included in the current revenue figures (which are decidedly less impressive than most of the other companies in the infographic). Even if there is a massive AI-related FSD breakthrough, and somehow all the regulation gets sorted out all over the world before competitors can catch-up. Is that really going to have the kind of impact on sales that this chart suggests? That suddenly everyone everywhere will buy Tesla’s over everything else at a ratio of 27:1? I’m hugely skeptical.

Right?? FSD is becoming a very capable driving AI, but for some reason a lot of people don't realize it's an AI product.

yet Tesla makes up what percentage of the global auto fleet? less than 0.5%? it’s a valuation is completely detached from the reality of what the company actually does.

Google sells customer data though. They are essentially an ad company. We use their products, they collect info and sell it private companies for ads and market research. Tesla collects data for FSD. That’s not without value but it’s a different business model entirely. I agree that Tesla is being valued as a tech company. I just think that valuation isn’t rational. When Elon went to shake hands with the Chinese Premier in April, the stock price jumped 10% despite there being very little of substance to announce.

The other big assumptions are that if/when Level 5 automation is reached: * people will want it for their personal vehicles * people will sell their personal vehicles and instead use Cybercabs The people I know who have cars with Level 2-3 automation basically just use it for road trips and traffic jams. And I'm not about to sell my cars so that I can rely on Uber or another service to get around.

Didn’t know Stellantis is actually based in NL, TIL.

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… and it also assumes Tesla will be the only game in town, when even today, that is simply not the case.

It’s almost as if one company is making moves towards the future that the rest aren’t. Granted there’s the risk that Tesla’s plays don’t work out but odds are that many of these brands won’t exist in 20 years(or will be merged into other brands). Granted Chinese brands are making the right moves but they’re also based in China. One wrong move and the government can just shut them down…

Yeah hasn't Waymo been at Level 4 for a while now?

Fundamentally, if you believe Tesla is just an automaker then it’s not a stock you should look into investing in, if you believe they’re more than an automaker then it’s a potential longer term investment. To me, Tesla has some other factors that are interesting long term. Solar, battery production, battery installation, electricity broker, manufacturing robots(Optimus), ride share with or without cybercab, dojo, and charging infrastructure. All that to say, you should always invest logically and have a balanced portfolio. It’s tempting to see the insane amounts people can make yolo’ing in calls/puts or single stock portfolios. Most don’t make it with this approach. Do your own due diligence, it’s your money and future.

As a Dutchman, wth is Stellantis? Surely must be a tax structure..

Is apple a phone company? Is amazon an online shopping company?

20%? Try 80%

The problem also lies with saying Tesla is only or primarily an automotive company. One might argue their work in AI and/or grid optimization adds far more potential value to the world than their hardware does.

It’s hard for me. Where is Tesla heading? Robots? Driverless cabs? What else?

Get this... *AI toilet bidets*

Stellantis is the holding company for Chrysler, Jeep, Dodge, etc.

Only a few of them make more profit than Tesla, and the ones that do are failing to make any profit at all on their EV cars which are the future of their product line. China is rapidly putting all legacy auto out of business. Also Tesla does sell a lot of cars. Just behind BMW and Mercedes globally, and they have a better chance of growing production than the legacy auto companies. The model Y is poised to be announced as the most sold car in the world for the second year in a row.

You had me, till “undervalued”

It's because the market is expecting Tesla's future profits to be similar to the future profits of all the existing car makers combined.

Ah Chrysler, the flagship of Dutch industry

Do you know if they’re hiring for their vision QA team yet?

The stock price is the market price of all expected future payments to TSLA owners. So a high stock price means that the market is expecting significant growth in earnings. Focus on stock performance = focus on long term earnings growth, which is good.

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The management, in particular Elon, does care about the stock price. Which makes sense, their job is to maximize shareholder value.

Such a high market cap and they still can't get the wipers to function properly...

I can’t believe people still think Tesla’s valuation is in just the auto industry. The lack of critical thinking skills here are staggering

They’re heading in the same AI direction as the rest of big tech. Though like Nvidia they have an edge in designing and operating their own hardware.

No, he doesn’t care. He’s been sued many times for doing things opposed to ‘maximizing shareholder value’. Many would like to see him removed from his board and CEO positions for that reason. He knows, and investors know, if we focus on the long term then long term share price will be up as byproduct of success. Not some sales numbers one quarter or another.

"There are 2 things I hate.....people that are intolerant of other people's cultures...and, the Dutch"

Would love to see this as an animation over time, showing each "bubble" changing size as the companies grow or shrink!

/dataisbeautiful

what makes you think you're qualified?

The official registration is in Netherlands but it’s mainly French, Italian and American brands into a single holding. In addition the ones others wrote, there are Peugeot, Fiat, Opel… and some

Yeah, Tesla sells Hype, Hopes and Dreams, not cars. though their cars are quite good for the most part Edit: more specifically, Tesla's main product is Stock, their secondary product is cars

Automotive is the largest part of their business by far, though, and Tesla's valuation has never made sense considering their sales and profits are far less than other automakers' (such as BMW group in particular).

Looks like a bubble

But what are they going to do with that AI? Nvidia's argument for continued profitability is easy. They provide the infrastructure for the entire AI industry, including tesla for now, to develop their models further. No nvidia, no AI. Tesla wants to make self driving cars and maybe robots. Why on earth would the be worth more than the entire automotive industry, just based on that alone? Even if Tesla whips out a level 99 self driving mega AI tomorrow, they can't outproduce the rest of the automotive industry. Their quality control is not better than their competitors. It's not even like they have record sales anymore. With Chinese EV competition heating up and EV demand as a whole slowing down a lot, they're kinda in the same boat as everyone else, but with AI.

...Alfa, Fiat, Opel, Peugeot, Citroën, Maserati... but yeah, it's a tax construct since obviously none of their brands are dutch

ENERGY, FSD, OPTIMUS

Robots is huge. Well it could be. Should be, really. But no one knows the future. Could be another two centuries before we get economically viable, general purpose, AI robots. Or two years. Hard to say.

I remember people had these same arguments in 2019 when Tesla had a $50 billion valuation and was unprofitable, with sales that were less than a quarter of what they are today. Yet they grew into that valuation very easily in the following years. It's almost like valuations are based on future expectations of returns and not today's returns.

Crazy bubble and corruption in the US with Tesla.

Driverless cabs and humanoid robots are the main applications they're pursuing right now.

With limited scale and terrible economics that will get absolutely destroyed if Tesla achieves L4 with their cost structure.

They're the only game in town in terms of large scale and cost effective production of autonomous vehicles. The caveat obviously being that they have to get the autonomous driving software to actually work with enough reliability to be driverless.

Where'd I lose you? Wall Street and institutional investors don’t just value companies based on their current products; they’re pricing in the future potential of those products and technologies. Markets are forward-looking by nature. If they waited until a product was fully realized and successful to add valuation, the opportunity would already be gone and the price would have already adjusted long before.

The true lesson from this graph: if you pull too many weird tax magic you might become property of the Dutch. Just like that other typical Dutch brand.. [IKEA](https://en.m.wikipedia.org/wiki/Inter_IKEA_Holding).

Tesla should acquire F--- and G--! It's will be game changer!?

> No, he doesn’t care. He’s been sued many times for doing things opposed to ‘maximizing shareholder value’. Many would like to see him removed from his board and CEO positions for that reason. He's the biggest shareholder, of course he cares about making Tesla a valuable company. What did he do that was opposed to that? Getting a massive bonus? Yeah, moving cash from Tesla to his pocket is a special case where it's net beneficial for Elon to make Tesla less valuable. > He knows, and investors know, if we focus on the long term then long term share price will be up as byproduct of success. Not some sales numbers one quarter or another. There's this belief that the market only cares about the next quarter and doesn't care about the long-term. This is total nonsense. The stock price dropped today because the released information changed market expectation of what happens in the next 1, 2 or more years.

Aside from China copying everyone else, the rest of the auto industry is a joke that stopped innovating decades ago which is why their valuations are in the toilet. Tesla can’t outproduce the rest of the auto industry, but their valuation allows Tesla to gobble them up if they so choose. With FSD, Waymo, etc.. signals cars becoming more generic, with higher usage rates, that people subscribe too, much cheaper than ownership. The money is in tech, subs, and operations, the vehicles are capital cost commodities. Aside from that AI and bots are an even bigger potential market. The are a billion cars in the world, we’re going to want billions of robots to automate everything. If you can’t understand why I can’t help you, maybe catch up on come science fiction movies. Like AI, the concept isn’t new.

Well for a start they can can sell their AI FSD tech to every car maker for a huge profit, maybe 10-15k per vehicle at 80% or 90% profit. Selling tech/software, especially tech that no one else has, and that no other companies can reasonably create themselves, is highly profitable compared to selling cars.  Once tesla start coming with FSD and the word gets around about the amazing benefits of being able to have your car pick you up/drop you off, most people won't want a car without FSD. Manufacturers will be forced to license the tech, as they have zero capability to build it themselves. And this is before we start to talk about the opportunities in robots, stationary storage etc etc.

Let’s split the difference by an order of magnitude and say 20 years. 😆

True. Come to think of it, Ferrari's valuation is also weird given they are mostly an apparel company lol

If it’s 20 Elon-years, then it’s 60 human years

a long way to fall

He majored in poop analysis in college

lol

Ferrari also has a top-notch Formula 1 team - they’ve built multiple businesses around that brand, so their car sales are probably a drop in the bucket, relatively speaking.

Market is future looking. So it's makes sense.

This is market cap, not profits, not worth. This doesn’t mean Tesla is winning anything. Volkswagen and Toyota still dominate the automotive world, and Tesla is 8# in companies.

Yeah, Volkswagens bubble is gonna be scarily big.

But Waymo is way ahead on this. Maybe Tesla will catch up but with vision-only that’s a big maybe

Would you like a go in my self driving car?

Waymo is not way ahead for private use cases, their system is totally untenable for rollout to normal private cars due to cost $100k+ per vehicle. It's only feasible  to use in a taxi fleet to pay back the costs. Tesla's tech is super cheap and can be rolled out in consumers private cars.

I don't dispute the potential of AI and bots. I dispute the belief that tesla is best positioned to take advantage of these innovations. I also dispute Tesla's ability to supplant the rest of the automotive industry. I know China copying everyone is something reddit enjoys to throw around as if it means that Chinese technology doesn't matter, but that's not how the world works. China now is in the same place as the Japanese and Korean auto industries in the 80s, with a way bigger domestic market. And the Europeans, even if they aren't reinventing the game, make solid vehicles built on close to a century of experience. You can't just discount them because of the hilarious overvaluation of Tesla today. And in the field of AI and bots, why is it tesla that you think will win the crown? They aren't the only player in self driving cars, they aren't a player at all in industrial automation, or in mobile robotics, or in AI beyond what is used for self driving. Sure, maybe they can enter and dominate those markets, I don't have a crystal ball. But it seems odd to me to value a company based on what it says it wants to do, when none of those claims are backed up by anything more than flashy demos.

They could do that, but don't currently. There is also no evidence that this is going to happen anytime soon, but there is plenty of evidence that the rest of the automotive market is putting up a strong fight to *not* buy their FSD tech. They may lose that fight, they may win. Either way, does that justify a valuation bigger than the entire market? If they simply become a supplier to auto companies, their position becomes more tenuous than before. If you say every car in the world will be a tesla, this valuation may be justified. But that seems unlikely. Hw can a company that supplies a product to an industry be worth more than the industry itself? That makes no sense. Even at 100% profit margins, they can't grow bigger than the companies making cars since they supply but one of the parts of those same cars. As for robots, we can't talk about the opportunities because it's all just hypothetical conjecture. How can Tesla catch and surpass the entire robotics industry and AI industry, not to mention the industrial automation industry, and get a product out first to dominate the market? There is no evidence that they can, or even that they are trying to beyond some concept demos and assertions from the CEO.

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Ahh…you nearly got it..so close!!

Check the income on those other revenue sources. This is a Car company with Other non profitable divisions that will likely be spun off if independantly profitable.

Tesla has no interest in buying legacy factories. They are outdated. Tesla heavily invests in “the machine, that builds the machine”, they diversified

Damn, how come Ferrari is that big?

Make it make sense

Last time I checked, speculation in the market hasn’t required current proof of income to attract speculation.

Laughable

Basically anything with vision AI

FSD has to be a real tangible product with legal backing in order for this statement to even matter.

It seems you have a fundamental misunderstanding of how share prices work. Essentially they’re worth what a buyer will pay, but that can be based on many factors some of them concrete and some them not. It’s essentially a bet on the future of the company. If you think Tesla is overvalued then stop arguing here and short them.

Guy is just gaming the story like Elon. Of course you are correct but in their heads, Elon cannot be wrong.

*cue

Deliveries are down but cars are not really the focus anymore. Wall Street seems to think that losing $21 million from cars is much worse than gaining $546 million from energy. Tesla energy storage is where its at, at the moment. Then it'll be the robots

Tesla is still having a hard time selling FSD to Tesla owners, as evidenced by them caving and offering it monthly when they said they never would 🙄

robots and driverless cabs alone are *huge* markets

Totally not overvalued🤣🤣🤣

VW literally just in invested 5 billion in Rivian to get ahead on software, but they are still woefully behind. Combined with self driving coming up, Europe is just about knocked out. In general no one looks to Europe for innovation. They have no big tech companies. It is sad watching them get squeezed from the East and West. People are betting on Tesla in terms of self driving, AI, bots, etc.. because they are then most vertically integrated. They can build the chip, the data centers, the training software, mass manufacturing, operations, regulations, sales teams, service centers, etc.. all of that translates over to humanoid robotics very easily. Remember demos are easy, production is hard. No one knows this better than Tesla.

For sure, but other pure AI companies are all burning cash as well. The large income windfall from LLMs doesnt seem to have materialized.

Full Self Drive

Absolutely, but it's important to note a) potential is something that cannot possibly be measured. b) investors aren't always right.

Agreed that FSD could be very profitable since much of the value will be in software. But the issue for Tesla is that its not the only option out there, Mobileye and NVIDIA are both offering OEM solutions. Also long term I think autopilot type offerings will become standard OEM equipment just like Bosch makes ABS for many different manufacturers and can therefore spread the RnD costs over a much larger market than just a single brand.

Reminds me when Netflix was a little company sending dvds through the mail and Blockbuster was the “all mighty.” Next thing you know, Netflix has blown up and ppl don’t even remember Blockbuster and Telsa is completely dominating and has become the North American Standard for electric vehicle charging starting in 2025/2026

Waymo with expensive technology and no vehicle of their own is waaay behind.

A subscription has potentially way better long term ROI.

If all of the companies are doing the same thing Tesla is but the market sector is still considered hot by speculators then this truly isn’t remarkable at all that Tesla has such a high valuation.

Calling them an auto company is an understatement

Now do it by sales

Does the market cap of MI is only from 1 car ? Or is it combined as a whole including mobiles and other items ?

Oh, Tesla has released functional AI based products?

Where is ford? 🤣

Should be using enterprise value but ok.

Ultimate pump :p

All I can think about is the math required to make this kind of graph, seems like a nightmare

innocent steep melodic advise crowd spark ten straight rustic violet *This post was mass deleted and anonymized with [Redact](https://redact.dev/home)*

Except it’s not. They are making no product.

The 'China copy' is based on old info. Not doubting they did it in the past, but BYD employs over 100,000 engineers - Tesla? Less than, what 10,000? 5,000? Less? China aren't in the game of copying anyone in the EV and new energy techs.

I didn’t realize Toyota was that far ahead of Honda.

Well obviously that is not true, the market factors in future state and it's clear the market is factoring in such a state with the current state price. So it does matter.

None of those companies are close to solving unsupervised FSD at a cost comparable to Tesla. They may never, Tesla also have a huge advantage having unlimited training data on cars using their hardware at scale. Can't see an OEM giving away FSD hardware to companies to gain the training data.

"Priced as a tech stock" is complete rubbish. There is no specific section of "tech stock". This is just bs hype based on subjective feelings instead of numbers.

Mercedes has a better self driving capability compared to Tesla. Look at the value..

Neither are Mercedes or Volkswagen.

There's a few other questions raised here. Rivian is worth more than Renault?

You are smoking crack if you think Tesla has surpassed Microsoft in AI infra

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Yeah. That just shows you how stupid the market is. And why shorting is risky.

Only shows its 10 times overvalued ;-) Also: If Tesla-Fans always claim its not a car company it does not belong in this picture ;-)

I'm not sure what you're referring to when you say that it has AI compute capabilities beyond Google, Amazon, Meta... to date, the only AI that Tesla has put on the market is FSD, and that still requires a human behind the wheel and is not fully self driving. Google/Alphabet owns Waymo and they are actually fully self-driving in multiple cities. Amazon has Zoox, and they're starting to expand, but it's too hard to compare capabilities btwn Zoox and Tesla right now because they're delivering different products and Zoox is still small scale. And Meta..well they're not doing self driving? They've got Llama which is an LLM, and Tesla isn't doing LLMs so it's weird to compare the two. But if we're talking scale of data, I would argue that Meta has WAY more data as an aggregate than Tesla. Also idk that it's fair to say that Tesla has more/better compute infra than the other players. Tesla has Dojo, which isn't really online yet, and musk has said it is highly specific for analyzing video data for full self driving and eventually robotics. but tesla doesnt have nearly the same level of scale of data for robotics. musk has also said that tesla sure has a lot of driving data, but that doesnt mean it has all the data it needs for edge cases. he has talked about there being such a thing as too much average/useless data. Meta invests billions into its AI compute infrastructure and likely has more generalized AI compute capacity given its broader use cases and investments in scalable AI infrastructure. Again, Tesla's compute infra is highly specialized for its FSD efforts and not as generalized as Meta's. Just because Elon Musk says something louder, doesn't mean he's the only one doing it. And this is what i mean when i say tesla is priced as a tech stock. Becuase elon likes to hype up what tesla COULD do in the future, but isn't actually doing yet. even if it's investing in the right places and laying down the groundwork. other companies are actually out there doing generalized AI infra and full self driving.

oh and btw tesla relies on NVIDIA gpus for Dojo. It has yet to produce its own chips at scale.

THIS

It's giving memecoin energy

Lucid $3bn. You missed!

Yes. But amazon makes more money from amazon web services than being a online shop. So it's not the same at all. Tesla makes it's money from being a car seller. It's AI money is small - and likely will be for a decade or more

“Worth” is a strong word as Stock market in US is about perception and bubble, would be good to compare revenue or profit.

But amazon web services makes more money than it's bookstore. Ok, it could mean Tesla could use it's power to open other markets - robots, self driving cars. But this seems a longggg way off. Also people not buying Tesla in many countries because of hatred of Elon Musk. Now asking for that criminal right wing guy Satksy Lenon who's in jail to be freed!

Too much Koolaid for you.

> I hate to be that person, but any company with artificial intelligence compute capabilities that rival or surpass those of Google, Amazon, or Meta is far more than just an automaker. Uhh, what? There's no way Tesla has more compute than any of those companies. Especially no Google with their TPUs

I’m not speculating in Tesla, I’m telling you that whether you like it or not people are speculating in Tesla because they go beyond the automotive industry with an area that many speculators are dumping money into.

By market cap... For now 😂 "it's a tech company" 😂😂

Xiaomi has just 1 car and is bigger than and German Legacy Auto. Damn that company will be huge by time SU7 ramp and YU7 hits the market in June. Obviously not Tesla big but still just 1 car in less than one year of production.

I thought they were a robot company headed by the smartest US president of all time.

Lol robots 😂😂 they don't have FSD yet but somehow they will have robots that can do tasks that are much more complex than FSD 🤦‍♂️

> global auto fleet Stupidest thing I've heard all week. The World can be full of old Toyotas and Suzukis, but what matters is who are the EV game winners.

How is VW not bigger? They own like half the car companies I feel like. Porsche being one of them and they are listet seperately

A TeslaBot in every home.

And yet they can’t make wipers work.

The fallacy is valuing TSLA as an automaker only. It is now undeniable a tech company. I would not be surprised as they follow a MSFT analogy trajectory transitioning from hardware(cars) to software(AI and high performance computing solutions). FSD (think Bill Gates snaking IBM with Windows OS) licensing will make European and Japanese OEMs Tesla’s bitch is the fait accompli most Ivy League Wall Street shmuks are forbidden from talking about (it will insult their Big Oil and OEM clients/accounts after all). The only other player taking FSD and EVs as seriously as TSLA is China’s BYD. The other OEMs had every chance to beat TSLA to a general FSD solution but rather denied and obstructed it. Now it is hell to pay. Make no mistake the Chinese onslaught is on globally. Think fleets of Japanese freighters dumping cheap (but durable) Toyotas across the world in the 1970s = happening now with BYD as they flood other economies.

THIS

The way they've been constantly pivoting to shiny new things like AI instead of focusing on the boring fundamentals of making better, more affordable cars tells me that they definitely are in the valuation pumping business.

Robots? You mean people doing something that isn't new? Driverless cabs? Why are people so desperate to unemploy people? All around bad cars? He does that for fun

Idiots who make Elon a billionaire and now he wants to make America a dictatorship.

AI compute? To do what? Still running stop signs and red lights lol

> but any company with artificial intelligence compute capabilities I thought thats mostly xAI.

> Each Tesla on the road sends more telemetry data back to Tesla than any other car company. Ok, but e. g. what if BYD (If it doesn't already do that) decides to also do that? BYD currrently sells cars at a rate of 6 million a year. After 2 years, they'd have more cars on the road than Tesla. Where is Teslas Moat?

How much revenue/profit has Tesla made so far on AI? FSD? Anything else? The entire AI hype is still largely a show me story across the board. The other big tech companies have 60%+ margin businesses to fall back on if AI profits aren't as big as what's priced in now. TSLA doesn't.

Shit reddit says cue drum sound

Movie Afraid says AI can hack your not-self-driving-car and overwrite the manual commands and make you accelerate and then veer into a tree. Because it wants you dead, not an accident. I think there are so many things wrong with the tech side of that (the movie depiction), it scares me more than a potential omniscient AI. But nice touch on the quantum computer actually being a high school art project made of toilet paper rolls painted golden.

> And I'm not about to sell my cars so that I can rely on Uber or another service to get around. Depends on your use case most of the time, and the cost of a ride. If it's cheaper than public transport, it puts all taxis out of business, and can make more sense than owning a car in urban places. You can rent a car for that road trip to grandma's you do once per 2 years, if all your commuting and grocery shopping is covered by the robotaxi.

It had nearly the same market cap as Meta (1.5 T) without nearly as robust tech products or sales… it doesn’t add up. It is overvalued on hype and politics.

just hype meme company that will get destroyed by chinese EV in the next few years

Despite the perception that model S and X are the only models Tesla sell, model 3 and Y are relatively affordable, and not "rich people cars". My bf thinks Tesla are rich people cars, and I tell him all pick up trucks that are new and not used, are worth more, and he changes subject.

All he had to do was sell promises

This, any of those players has way more infrastructure and teams working on AI, but hey, Tesla is the GOAT.

This is laughably wrong

Regardless of whether Tesla has A.I. that rivals google, it is very much utilized in both the Tesla vehicles and, in the next year, the Tesla bot, Optimus.

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Bro said that "rival or """"surpass""" lmao

I see a bubble

And they make arguably the shitties disposable cars on the road. They are basically glorified golf cart drive trains surrounded by dollar general body work.

Now remake the chart based on annual sales instead of market cap

Sure. Tesla's revenue in Q3 2024 was $25 billion. GM's was nearly $50 billion. DOUBLE Tesla's. Dum dum? Classy

Only tesla fans can look at tesla market cap and say, "mmmyeah, that's significantly undervalued alright."

Tesla shareholders should look at this like you're on the edge of a skyscraper looking down. Instead, all they see in their 5-degree field of view is the tiny little ladder that's leading up to heaven.

we with (our past ally in ww1 and ww2) france just in gray\^ :-) (too bad they destroyed our biggest trolleybus factory which make a ziu-10 famous trollyebuses-"accordions".). and biggest trolleybus network in the world in masskva-berendeya and now minsk has the biggest. and why tesla didn't upgrades it's pickups and trucks to 550-700Volts trolleybuses?! :-)! and also we need a higher electro contact network for trolleybuses at height of 16-24 meters to not interfere with erecting dump trucks :-) and to provide full two-stored also upgraded and autopiloted passenger and cargo even intecity trolleybuses and trolleybus trains. and boring company tunnels should also be upgraded to metro trolleybuses but with special side-supporting wheels to go safely in it's gutters and at intercity speeds up to 180 km per hour! and even maybe future intercity and intercounty boring company tunnels and even metro flyovers!.

💔💔💔

You can’t go against gravity forever