[Politics] Musk (real life Bond villain planning world domination) needs a thread.

[beorhthelm]

Ford is a company with a long track record. Tesla was a niche company, whose niche is now being filled by offerings from many established car companies, and also a significant number of new companies.

In 2024 Ford made over 2 million vehicles. The value of Ford is $37 billion.
In 2024 Tesla made 1.8 million vehicles. The value of Tesla is $883 billion.

Why on earth is Tesla valued and more than 20 times Ford? Does anyone want to buy Tesla shares at the current level?

the Tesla trade is based on prospects of self driving cars, potential for software licencing and replacing private vehicles with a large fleet of automated cabs.

as your numbers show, it's certainly not on the basic car sales business.