So, I understand that Tesla is a company that has a possibility of shaping personal transportation in the future, but how can people think it is worth the insane amount it is currently valued at? They do not have much in the way of production facilities compared to established automakers, their competition is advancing rapidly and their market share is decreasing. I’m just baffled by their valuation as a company.
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Electric and Automated Vehicles are the future of personal transportation. Elon has always been a futurist. People know this so they invest in whatever practical he’s touching so they can make a profit. That said the Trillion dollar valuation is bloated, Elon even agrees with that.
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