[dh2022]

Even if they have FSD ready tomorrow the financials would not support this valuation.

Summing the sales figures in [0] we get 9M to 10M Teslas on the road. Let's say 10M and and let's say Tesla will keep selling 1.6M / year for the next 5 years [1]. This is 18M Teslas and let's assume all of them are converted into paying customers at $100 / month [2]. This works out to $21 B / year in income. $22 B / year in income cannot justify $1.5 T in market value.

Good thing they are switching to robots :)

[0] https://en.wikipedia.org/wiki/History_of_Tesla,_Inc.#Timelin... [1] - this is a huge assumption. Teslas sales are declining because of Musk's image, lack of innovation and competition from China.

[2] this is another huge assumption - I know 5 Teslas owners. They tried the $100 / month assisted driving (or whatever Tesla calls it these days). All said it was cool, but not worth it and did not sign up after the trial period. These are professionals who value their time (tech engineers and 1 banker)