Tesla is not a robot company as they have no robots for sale and other companies like Figure seem to lead there anyways. They are not even a robotaxi company, FSD has a quite a few hurdles before it can be approved in this capacity and by the time it is will face a lot of competitors. They are a car and energy company. Nothing in their financial statements justify the kind of valuations they currently enjoy. If they were valued like their fellow MAGS shareprice would be 50 and that's probably being generous.
Tesla is not a robot company as they have no robots for sale and other companies like Figure seem to lead there anyways. They are not even a robotaxi company, FSD has a quite a few hurdles before it can be approved in this capacity and by the time it is will face a lot of competitors. They are a car and energy company. Nothing in their financial statements justify the kind of valuations they currently enjoy. If they were valued like their fellow MAGS shareprice would be 50 and that's probably being generous.
We are past the launchpad. This valuation is based on expectation. The market will correct that very quickly once that occurs until then all steady