Thanks for sharing. I think scepticism around self-driving is sensible but the question for me as a Tesla investor is whether or not Autopilot represents AI software that people are willing to pay $10k for or subscribe to for $199 a month. To me, based on the rate of progress we are seeing it looks like the answer islikely to be yes. Its hard to predict the timing or the response from regulators and safety is absolutely central to all this - they will no doubt also get sued any time there is an accident involving autopilot so need cast iron data to back their claims - but the negativity in articles like this are overdone in my view.
There are also plenty of models produced by clever people that suggest their valuation is indeed justifiable based on standard automotive sales. They have 30% margins and 50%+ compound growth. There is literally no other large cap company out there able to match that. The risks for me then are whether the growth rate peters out and/or margins start to crumble. I dont see either happening in the short to medium term (ie to the end of 2023). They have a massive backlog of orders and two factories about to open. Tesla is a once in a generation company in my view and understandably divides opinion. Crucial that anyone thinking of investing puts in significant time researching it in detail. I dont think a company has ever been covered this closely and there is enormous amounts of information out there. Most of what I read in main stream reporting tends to be rubbish though.
Definitely agree with this, getting Teslaās into rental companies is a smart move. Itās essentially paid test drives that last for a few days to a few weeks, and itās a low cost / low risk way to trial them.
I can see dads everywhere saying, next time weāre on holiday Iām going to try one of these Teslaās.
@AchillesFirstStand 100%, I always hire a car I canāt usually afford also you go away with a romanticized memory as it is linked with the good times of a holiday. I remember having a soft spot for a certain car I hired and years later realised it was rubbish
@Coolsmp Of course Tesla would prefer to be paid but unless they went bankrupt instantly it should still pay off in PR etc. Besides $4b Elon could find behind his sofa if Forbes are to be believed.
Bear with me here,
Iām used to reverse splits in crypto.
By split, do you mean my 1 tesla share (my favourite!) would become 2 or 4?
Iām up for it but Iām only small time. Just curious, ignore my ignorance.
They did a 5:1 split last year, if they hadnāt the current price would be over $5,000. You could argue, successfully in my mind, that without the split this wouldnāt have risen like it has. Not everyone is able to buy fractional shares.
also you go away with a romanticized memory as it is linked with the good times of a holiday. I remember having a soft spot for a certain car I hired and years later realised it was rubbish 
