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RE: Diary of a Noob Investor : week #1 - I bought a Tesla...

in LeoFinance • 5 years ago

I just don't think you can compare Tesla's marketcap to the other OEMs, because it's nothing like the other OEMs. Looking at its assets and vehicle sales, sure, but when you take into account the incredible amount of data they collect for autopilot, their IP, their projected growth (gigafactories) over the next few years, their expertise in the autopilot microchips, their investments in the machines that make the machines, it's kind of impossible to get an accurate price on what the shares should be at the moment. I personally think they're underpriced and will grow a lot more, but I'm not the market.

This is a sound statement. But the others are not sleeping. I live in the BMW town (Munich) and the highway has been adapted till the Audi town (Ingolstadt) for self driving cars. On most of it, there is no speed limit and it is full of calibration points and data spots. It is interesting to see a 7 series blowing with 220kmh on the tarmac with the driver with the hands on the laptop.

The Google car project has the most advantage here, as they have the most data from Google Maps and Waze and they've partnered with most OEMs for their cars.

The world is changing fast, that is for sure and the transportation market will look different in 10 years from now and yes in 10 years Tesla might be no.1.

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5 years ago in LeoFinance by
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     5 years ago  

    Thanks!!

    That's super interesting... I had no idea that any area was adapting their highways for self-driving cars. That's awesome!

    I'd actually argue that Tesla has 10x more data than Google at this point. Google obviously has Google Maps and Waze, but Tesla has all the recorded data from all their cars currently using autopilot. I think they hit a billion miles of data a few months ago. Completely agree with you though, the world is changing so fast and I have no idea how things will look in 10 years. Maybe decentralized autonomous companies will be making all the money and the companies we know today barely exist? Who knows?