carsonthecarsinogen

carsonthecarsinogen t1_ja7pgk0 wrote

I’m not saying polstar is overvalued, bc I haven’t looked it over in a few. But comparing it to those companies will automatically make it seem undervalued, rivian, fisker, lucid are all doing next to nothing and valued like they are doing everything. Just something to keep in minf

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carsonthecarsinogen t1_j9p0exa wrote

There’s no meaningful growth.. every EV they sell is one less ICE they sell, and with Kia making arguably better vehicles for less I’d say they’re losing sales to others too.

They’ll be smaller 10 years from now for sure, if not bought out by someone else and stripped for parts.

To be fair, but honestly think ford is one of the few legacy makers actually doing well. Hyundai Kia and VW as well

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carsonthecarsinogen t1_j6j0c4z wrote

Solar failed because of complicated and expensive production, with complicated and expensive installs. Very few People are willing to pay that kinda money for a nice looking solar roof.

Megapack is not a consumer product, it’s an industrial product. Which has more efficient production and a lucrative service contract after install. It’s already doing extremely well.

You could’ve made this argument 2 ish years ago. But the megapack is already far past it’s point if “failure” like solar saw.

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carsonthecarsinogen t1_iy57l2u wrote

You definitely weren’t around when people were making bank on TSLA calls because of Elon

Also definitely don’t short TSLA longterm

Edit: SBF wanted to invest in twitter, Elon denied him. Claiming SBF “set off my BS alarm” but who knows if that’s true.

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