tesla a car company worth more than toyota.

[S2007S]

Potentially 18.6 million: the number of millionaires in the U.S

And many millions more who want to act like millionaires

Yep thats why the world is full of debt because people love love love love to live welllllll above their means. Let them believe they are millionaires.

I always found it amusing that someone who is cheap, penny pinching and likes to buy sales is always laughed at, yet the person who spends endlessly and spends more than they make is just barely making their rent payments and eats fine dining is always looked as if they are a rock stars

 

[Scataphagos]

Drive a Tesla Model S with the dual-motor configuration and all the bells and whistles and you'll understand why the valuation is what it is.

Around here, if you had one and "mashed the gas" for a mere 3 seconds, you'd get a speeding ticket. Hardly seems worth the price.

 

[taowave]

Yeah,but what a glorious 3 seconds

Around here, if you had one and "mashed the gas" for a mere 3 seconds, you'd get a speeding ticket. Hardly seems worth the price.

 

[Scataphagos]

Yeah,but what a glorious 3 seconds

I hear you. Kinda like sex!

 

[VicBee]

So here we are again.
Tesla now worth more than Toyota.
$207 vs $202 billion.
Tesla worth more than GM, Ford and Fiat Chrysler combined.....


TOYOTA sells a gigantic 10 million cars a year, Tesla, less than 500,000.

Tesla tops Toyota to become largest automaker by market value
PUBLISHED WED, JUL 1 202011:43 AM EDTUPDATED WED, JUL 1 202012:21 PM EDT



https://www.cnbc.com/2020/07/01/tesla-tops-toyota-to-become-largest-automaker-by-market-value.html

I think you're missing the story and I strongly encourage you to watch the YouTube video I posted on the TESLA 2020 thread on this forum. It clearly explains what Tesla aspires to be (yes, great things come from aspirations) and what Musk is doing to get there. I went from mocking to believing after watching it, but careful, it's an expensive habit but boy does it feel nice when you're on that fast elevator!

 

[Overnight]

I think you're missing the story and I strongly encourage you to watch the YouTube video I posted on the TESLA 2020 thread on this forum. It clearly explains what Tesla aspires to be (yes, great things come from aspirations) and what Musk is doing to get there. I went from mocking to believing after watching it, but careful, it's an expensive habit but boy does it feel nice when you're on that fast elevator!

Going really fast feels great, until the sudden stop at the end that gives you, at a minimum, whiplash.

 

[VicBee]

Going really fast feels great, until the sudden stop at the end that gives you, at a minimum, whiplash.

Yes, timing is everything!

 

[xandman]

Can you imagine what happens to the cost of ownership when cars start having the depreciation curve of consumer electronic goods?

Perhaps, cars will become even more of a commodity and sold for cheaper.

 

[Overnight]

Can you imagine what happens to the cost of ownership when cars start having the depreciation curve of consumer electronic goods?

Perhaps, cars will become even more of a commodity and sold for cheaper.

That's a good point. I saw someone post on here somewhere that Teslas are not considered cars, but software/hardware or something?

And not to mention...I remember everyone shitting on the Prius because of the cost to replace the battery in it after 5 years or whatever.

How much would a battery replacement cost in a Tesla S?

 

[xandman]

That's a good point. I saw someone post on here somewhere that Teslas are not considered cars, but software/hardware or something?

And not to mention...I remember everyone shitting on the Prius because of the cost to replace the battery in it after 5 years or whatever.

How much would a battery replacement cost in a Tesla S?

Maybe a stack of high society,...$10,000.