TheTallGuy
Member
- Location
- Cambridgeshire
The value is based on the potential future of the business rather than the current market share. Whilst the Tesla cars are "expensive" and potentially of questionable build quality, they're still years ahead of the competition & of significant importance is that they have a technology portfolio that extends beyond the EV market & so are not reliant on a narrow market. That's not to say that Tesla isn't probably massively over valued at this time.I would love somebody to explain the value of Tesla.
2021 was the first year that Toyota has been the best selling brand in the USA, as well as the best selling brand globally (which it has held since 2008). Has the biggest dealer network and parts supply network in the world. They sell 9.5 million vehicles a year which they can share parts, design costs etc over, including many parts which are transferrable to EVs. Also has a joint venture with Panasonic (arguably the best battery manufacturer in the world), as well as the worlds best and most established reputation for reliability. When they start releasing mainstream electric cars Tesla will not be able to compete on price (or build quality), and will become a premium brand reserved for the very wealthy in those small parts of the world where reliability is unimportant (like Jaguar Land Rover) That's my 2p prediction anyway. No way Tesla has more value than Toyota.