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Originally Posted by Buehler445
IMO the revenue is a hell if a long way from the books. And historically first to market rarely ends up in market leadership after the technology hits mainstream. The market seemed to love assuming putting a tech company sheen on an industry “disruptor” would equate to returns like a tech company. Simple truth is manufacturing can’t scale as cheaply as software.
I’m no hater. But I’m not buying. I’m also not shorting. I’m also not avoiding it in ETFs.
It’s pretty difficult for me to see the path to achieving the returns that will be required to support the valuation.
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Fair enough...it will be interesting to see whether Tesla, Baidu or Xpeng can bring the tech manufacturing efficiencies to cars so as to lower costs. The Cybertruck, whether you love or hate it, is a test bed for technologies to bring more manufacturing efficiency in car production...giga presses, 48 volt tech, etc. All of these things, if they work, reduce the required parts, which reduces the manpower to assemble those parts, and reduces manufacturing costs. The scary thing is that will those reductions come at the expense of longevity. Disposable cars, even at 75% of current costs, are still a large unaffordable expense for most households.