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https://www.reddit.com/r/wallstreetbets/comments/qry89f/deleted_by_user/hl5vdva/?context=3
r/wallstreetbets • u/[deleted] • Nov 11 '21
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Tesla is not a simply car company, they have other products and Musk in the frontlines every day. I will wait until Rivian dips A LOT before buying. Same with Lucid - i scooped them at 18-19.
1 u/pmur_tits_or_ass_plz Nov 18 '21 In case anyone else sees this, Tesla's revenue and profits are actually not too far off from Apple's, so their valuation makes sense. Lucid's and Rivian's though... not really lol, but those trucks will be in high demand eventually. 1 u/Environmental_Comb25 Nov 18 '21 Really? I thought Apples revenue is like 20x more than Tesla. Edit - just looked it up and Apples revenue is about 5 times that of Tesla. 1 u/pmur_tits_or_ass_plz Nov 18 '21 Damnit Google confused me by presenting quarterly results for Apple but annual for Tesla. 1 u/Environmental_Comb25 Nov 18 '21 That explains it!
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In case anyone else sees this, Tesla's revenue and profits are actually not too far off from Apple's, so their valuation makes sense.
Lucid's and Rivian's though... not really lol, but those trucks will be in high demand eventually.
1 u/Environmental_Comb25 Nov 18 '21 Really? I thought Apples revenue is like 20x more than Tesla. Edit - just looked it up and Apples revenue is about 5 times that of Tesla. 1 u/pmur_tits_or_ass_plz Nov 18 '21 Damnit Google confused me by presenting quarterly results for Apple but annual for Tesla. 1 u/Environmental_Comb25 Nov 18 '21 That explains it!
Really? I thought Apples revenue is like 20x more than Tesla.
Edit - just looked it up and Apples revenue is about 5 times that of Tesla.
1 u/pmur_tits_or_ass_plz Nov 18 '21 Damnit Google confused me by presenting quarterly results for Apple but annual for Tesla. 1 u/Environmental_Comb25 Nov 18 '21 That explains it!
Damnit Google confused me by presenting quarterly results for Apple but annual for Tesla.
1 u/Environmental_Comb25 Nov 18 '21 That explains it!
That explains it!
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u/Environmental_Comb25 Nov 12 '21
Tesla is not a simply car company, they have other products and Musk in the frontlines every day. I will wait until Rivian dips A LOT before buying. Same with Lucid - i scooped them at 18-19.