Comment by majormajor

> Does this really hold when Tesla has a considerably higher valuation?

> Tesla is sitting at an egregious 30x market cap of Ford. If anything... I'd expect them to have sales targets that are ~30x the size of Ford.

It almost holds BECAUSE of that. Tesla's valuation has been wildly detached from its sales numbers for years, so having a poorly-selling Cybertruck doesn't really matter.

But admitting that a high-end high-profile product was a big failure, on the other hand, might be much more undesirable for the company whose valuation depends on vibes vs sales.

("Should" that be true, though? Well, that's a different question. ;) )