Quote:
Originally Posted by Erick Estrada
You make it sound like that will last forever. Profitability will have to matter for them eventually as stock sales will dry up when every other auto manufacturer is offering the same or similar technology.
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Again, this is the same thing people have been saying for years.
Tesla is very early on in this game. How high will their stock go?
They literally just sold a $5 billion stock offering and it didn't even make a blip on their price.
They are building up their cash on hand position.
They have demand they are not even close to meeting.
They are building capacity faster than any other car maker in the world.
Sorry, but nobody else is going to be catching up for a very long time.