Things that make you go "Hmm" @Tesla @LucidMotors @Rivian $TSLA $LCID $RIVN
@WR4NYGov @Tesla @LucidMotors @Rivian Doesn't seem very fair to Tesla. But back in those days electric going mainstream seem like a fantasy. Now that it's a reality, Lucid and Rivian get to enjoy the future Tesla has created.
@WR4NYGov @Tesla @LucidMotors @Rivian Like @Tesla’s market cap in comparison to its competitors…. 6 x the value of @VW 8 x the value of @MercedesBenz 10 x the value of @GM 13 x the value of @Ford As big as the 9 other companies in the top 10? Highly unlikely!
@WR4NYGov @Tesla @LucidMotors @Rivian Doesn’t the fact that @MercedesBenz producing 5x as many cars as @Tesla has an 8x smaller valuation make you go “hmmm”?
@WR4NYGov @Tesla @LucidMotors @Rivian $RIVN is partly owned by $AMZN and has an order for 100,000 vans
@WR4NYGov @Tesla @LucidMotors @Rivian It’s almost like stock prices are a reflection of future expectations.
@WR4NYGov @Tesla @LucidMotors @Rivian Seems like lucid should have started with a truck rather than a 150k car
@WR4NYGov @Tesla @LucidMotors @Rivian Crazy crazy inflated valuations… there is NO upside for Lucid and Rivian at prices that ridiculously high, not to mention that have incredible hurdles to overcome to get to volume production. $TSLA is the one.
@WR4NYGov @Tesla @LucidMotors @Rivian These are strange days
@WR4NYGov @Tesla @LucidMotors @Rivian They are all trading off of Tesla’s success… people looking to catch the magic are driving that valuation.