The question is: Are they growing accordingly? (in relative and absolute terms)
"Tesla’s “market value of about $400 billion is bigger than Toyota, Ford, General Motors, Fiat Chrysler, Volkswagen and Honda — combined”
How much will they have, once some random Chinese (nowadays) is selling automated taxis for half the price of a Tesla?
And Google’s market cap is bigger than Yellow Pages. Most car companies will go bankrupt. They already have complicated deals with dealerships, big production lines dedicated to ICE cars. They make money on car service and spare parts. With directly sold EVs, their business model comes crashing down.
How will they be able to produce at half price of Tesla? Tesla already has a factory in China. Tesla not only excels at producing electric cars, but also their factory is very automated. That’s why they can build a huge factory in Texas. They will not need too many unqualified workers. And even if the Chinese produce a car, it will have to drive itself to be able to compete. Let’s see if they can succeed at developing self driving tech.
You need to catch up a bit 
You’re joking, right? 3.5 years ago they let a car drive alone on a continuous stretch of race track. You could try to see if an AI-controlled car can beat the laptimes of human drivers, but still, that’s a different kind of task than driving on the road.
Algorithmic, just like Tesla.
Still, I wouldn’t bet money that Tesla will be first and only to have autonomus taxis.
Tesla already has a factory in China. Tesla not only excels at producing electric cars, but also their factory is very automated.
They are literally building cars in leaking tents.
So is their sales.
What do I know? Cheaper sourcing of parts and materials? Tax incentives or government subsidies?
Why do all the developing work yourself - if you can copy, imitate and steal?
You’re talking about the Fremont factory, which is an old repurposed factory. I’m talking about Shanghai, Berlin, Texas. Sure, there will be f**kups, quality issues, but it’s all very fresh. Give it time, let’s talk when Berlin cars start rolling out.
If you think about it, all US tech giants could fall victim to this: Apple, Amazon, Google, Facebook. Why isn’t that happening? I don’t know, maybe it helps to be first, maybe there are such things as patents, maybe if you innovate fast enough, they won’t be able to catch up with you? And even if you become successful, you may be shot down like TikTok or Huawei.
We’re in two boats on the same ocean. My boat is worth 40k, how much is yours? 
“In the short run, the market is like a voting machine.
In the long run, the market is like a weighing machine.”
A bit over 20k but let’s check up in a year from now 
Oh by the way, I also have quite a bit of BYD (1211.hk).
NIO reports earnings Tuesday after market close. We’ll see how this goes.
SP500 inclusion? I think it’s happening.
Yes.
TSLA +8.8% after hours. Nice timing @Bojack.
PS. NIO jumped +4.4% in sympathy
The whole day was happy green Portfolio except TSLA. I added some… Now 13.2% after hours. Like 2nd climax…
The jump in TSLA price has been due to the S&P 500 inclusion announcement. It’s nice, but I didn’t buy the stock to get 12% return.
In other news, did you see the new M1 Macbooks? They make Intel laptops look like glorified fans/radiators. I’m getting one. I guess RIP Intel?
Intel is definitely on the losing end currently. Regarding the M1 I’m tempted to get a new MacBook Air but then I’m also scared off by the current app incompatiblity (Arm vs. x86). Let us know how it is.
MKBHD said it’s fine, he’s been testing it for a week, and he’s a pro user.
Lol at that TSLA price. Bought for 400, already 500. Made 10k in a week. But in a week it could be back to 400, who knows, right? 
I just enjoy it while it lasts.
Ha. Perhaps you beat NIO week-to-date, but not month-to-date ;-).
