Is the market pricing Tesla’s potential future domination of autonomous fleets? “The winner in autonomous platforms, and in any artificial intelligence project, is that company with the most data and the highest-quality data. That company is Tesla.” is an analyst comment. Do you agree? Will uber, lyft, cruise, argo, waymo etc be sweeped out?
🍿
I don’t think the others especially waymo will be sweeped out, but the analyst isn’t wrong in the sense that Tesla has the most data, there are thousands of people everywhere driving a tesla these days. Tesla does need to prove that their engineers can manipulate the data well and safely, although all sdc companies need to show this
Dude we’re in the euphoria phase of the bubble. Don’t try to make sense of these insane valuations or stock price moves.
Lol the fact that TESLA (which is a glorified auto company since it’s only tangible source of revenue is its cars) is the 2nd more valuable car company, after Toyota is laughable. It’s fun to watch this shit show though. Have fun playing roulette if you dare! Bitcoin 2.0
It’s not priced in because it was an outright lie. One of many of Musks lies. If you look into it, he used the claim to raise money. He tends to lie more spectacularly when they’re low on cash and need to raise money.
No. You’re treading too much into it. Just people didn’t have or have enough Tesla shares wanted to own Tesla shares. They had to pay up so sellers are incentivized to sell. It’s as simple as that.