Many looked at Apple as a computer company. There was a time when many thought of Amazon as an online bookstore. Ironic that neither of these companies make the majority of profits from the sector people thought they were in.
In this video I discuss how investors could be learning their lesson with these companies when looking at Tesla. The idea that it is a car company is missing a large part of what is taking place.
▶️ 3Speak
Tesla is right now 2,5x more worth, than BMW, Daimler and VW together!
And now Tesla building a Giantfactory in Germany for cars AND akkus.
So the german car builders needs Teslas akkus.
Posted Using LeoFinance Beta
Summary:
In this video, the speaker discusses Tesla's valuation in relation to its price and compares it to Apple and Amazon's evolution as companies. He highlights that Tesla is more than just a car company, with various innovations and developments that could lead to significant revenue streams in the future. The speaker emphasizes that investors are starting to realize Tesla's potential in multiple industries and are looking beyond just car sales when evaluating the company.
Detailed Article:
The speaker begins by acknowledging the significant price of Tesla stock and questioning how it can be justified based on traditional valuation metrics like the PE ratio. He draws parallels to Apple and Amazon, explaining how both companies evolved beyond their initial categorizations. Amazon, originally perceived as an online bookstore, diversified into e-commerce, cloud services, and became a dominant player in the tech industry. Similarly, Apple transcended its identity as a computer company to become a powerhouse in consumer electronics, services, and software.
Drawing from these examples, the speaker argues that Tesla's valuation surpasses that of traditional car companies because investors recognize its potential beyond just automotive manufacturing. Tesla's initiatives like its charging network and battery technology are seen as lucrative revenue streams in the future. The speaker points out that Tesla is not merely competing with other car manufacturers like Volkswagen and General Motors but is positioning itself to disrupt industries like energy storage, akin to how Apple transformed the smartphone market.
Furthermore, the speaker highlights Tesla's strategic advantage in the battery market, which is crucial for expanding their product offerings such as power walls and megapacks. By leveraging their relationships and expertise in battery technology, Tesla aims to increase production capacity and dominate the energy sector. Investors, according to the speaker, are starting to appreciate Tesla's multi-industry presence and long-term growth potential, shifting their focus from current revenues and car sales to the company's future prospects.
In conclusion, the speaker suggests that Tesla's market cap reflects the market's anticipation of its future successes across various sectors, particularly in the emerging Internet of Energy landscape. By emphasizing Tesla's innovation, diversification, and strategic positioning, the speaker paints a picture of Tesla as a dynamic and forward-thinking company with the potential to disrupt and lead in multiple industries.