Tesla is not and never has been a good investment.
replyIts a gamble.
The current evaluation of Tesla is still higher than real car companies + robot companies + robot taxi companies.
Fair enough I guess, it has been a gamble. But risky investments are still investments that paid off well. Or they can drop like a rock.
replyNever is a strong statement. Tesla’s price to sales ratio wasn’t absurd prior to 2020.
replyIf you want to make sure to be very very specific, yeah for sure Tesla had a timeframe were the ratio was not bonkers.
replyhas it been an insanely good investment because of changes to profit and loss, or because of other factors? (of course, building a car company of the scale they have is impressive. But by looking at tesla's financials vs stock price, youd conclude basically any other car company ever was a great buy by any reasonable metric)
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