Viewing a single comment thread. View all comments

Riaayo t1_iy2dj5f wrote

No, you can compare the total cars produced of both. By this same "metric", compare the amount of internal combustion engine vehicles Tesla sells. Oh fuck it's 0? Oh fuck, Tesla doesn't sell those? Oh fuck, the other manufacturers didn't use to sell EVs either?

But apparently only Tesla gets some slack for "taking time to ramp up production". You know who else takes time to ramp up production of a new product? Literally everyone. Except the other manufacturers already have manufacturing capabilities, factories, and workforces.

Tesla is literally only profitable because it sells its carbon credits. It doesn't sell enough vehicles to turn a profit.

Now, here's the thing: that'd all be "fine" if Tesla wasn't valued with the likes of fucking Google and Apple on the stock exchange. That is the fucking problem. Tesla produces so few vehicles that it's not only less than its competitors, but it can't meet its own demand and can't profit off those limited sales. Yet it's not only valued higher than its competitors, it's valued with the likes of Google?

Yeah, sorry. The company is over-valued and I don't care what "narrative" you're here to peddle.

1