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consultutah | 1 year ago

What a ridiculus click-bait headline... Let's just imagine for a second that at the event tomorrow, Elon demos a toaster instead of anything FSD related. The stock would drop for a bit, but nothing else fundamental about the business would change and the business is still a cash generating juggernaught.

I can't wait until we have personal AIs to read and filter this drivel for us to the point that it becomes useless to post it!

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rsynnott|1 year ago

> and the business is still a cash generating juggernaught.

Current Tesla P/E: 67.78 (even for a large SaaS company, this would be very high; for a consumer goods manufacturer it’s virtually unheard of).

Current VW AG P/E: 3.14.

Like, people buying Tesla presumably aren’t buying primarily based on its earnings. There is an expectation of something more.

Zigurd|1 year ago

Tesla has transcended future expectations. Everybody knows FSD will be ready by the end of the year. I mean next year. It's the world's biggest meme stock.

pestatije|1 year ago

FSD - Full Self Driving