Intellectually Lucky : on the way…

Applefamily : 500 is merely a return to value, and in a bull market, 1000 is not a ceiling either.

KahFei㉿ OP Applefamily : We are together

Intellectually Lucky : whats the logic?

103697406 : Where?

104374679 : Joke, Tesla is not an EV company anymore. BYD is not even 1/7 of Tesla, hahaha

Divided Sky 104374679 : Some people will never get it.  Don’t waste your breathe

Wallstreet Faker : TSLA not only own EV business, they can do more than that and the profit even larger than ev lol

105349737 : Tesla's valuation is largely based on its AI part. Its EV part only makes about 20% of its valuation now. I agree its EV valuation is overvalued. It can't compete in China. The Chinese manufacturers have made EVs with more comfort, more intelligence (both the cabin and auto drive software), more space and most importantly, more affordability. There are abundant EVs in China with more than 300 km actual range with less than 20k USD price. Now BYD is going to give these affordable EVs autopilot upgrade. The other Chinese manufacturers will do the same. Xpeng's P7+ is only 25k USD but it has state of the art XNGP auto drive capabilities. Tesla just simply can't compete with Chinese EV manufacturers in terms of making affordable smart EVs. Once the trend in China is reversed (many Chinese consumers still view US brand as more premium and attractive, hence Tesla still has great sales figures in China despite falling off the competition), that will trigger similar trends in other countries, such as those in SEA and Europe. I don't see how Tesla can keep growth in its EV segment. The only way out is transforming into an AI company. But how the story holds remains to be told.