Comment by small_model
10 hours ago
The RAV4 is multiple models so not really the same car, BYD is a subsidised financial basket case, it wont last long, What is Tesla's Market Cap vs these companies? The market has decided with all the information it has, I'll side with that than your pedantic arguments. But maybe the market is wrong and you are correct, then you should be shorting Tesla with all you might.
> BYD is a subsidised financial basket case,
I can say that about Tesla. Like, 1/3rd of their total lifetime net profit has been subsidies of one kind or another, mostly government-created regulatory credit programs.
> What is Tesla's Market Cap vs these companies?
Irrelevant, especially as the narrative being used to prop up the market cap this year is "we're not a car company, we're an AI company".
> then you should be shorting Tesla with all you might.
"Markets can remain irrational longer than you can remain solvent."
What I have done is sell all my Tesla shares and put them into other things where I see realistic growth opportunity.
That way I don't need to time things perfectly for a relatively small reward (100% if they go bankrupt, vs several times better than that just by simply buying NVIDIA and watching line go up) that comes with successful shorting.