Tesla is plateauing at half of Ford’s annual revenue while being valued at ~18x Ford’s valuation. Why do people act like it is a conspiracy that this stock is tanking?
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No serious folks take the conspiracy talk seriously. Its objective is too obvious. So it’s only the gullible and you already know why they take it serious.
And Tesla is far from leading in self drive taxis, AI, or helper robots. Falling behind the automated driving competition has been a disaster. They’re not really in the serious AI conversation anymore & nobody in the established robotics industry is losing sleep over Tesla’s efforts
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That’s a lot of belief in (profitable) sales growth in the form of magic self drive taxis, AI, and helper robots to justify that valuation.