Tesla sold 367,500 vehicles in 2019. Its market cap is equivalent to the combination of GM, Ford, BMW, Daimler, and Volkswagen which combined sold over 28 million vehicles in 2019. Tesla would need to increase its 2020 Q2 annualized production 87X to have a shot to sell that #.
"That's not a fair comparison- that's today, what about the future?"
Tesla slashed R&D 8% in 2019. VW spends 10X what Tesla does.
"They already did the big investment, breakthroughs are coming

I've heard that one before https://twitter.com/StultusVox/status/1281435824689750022?s=19
Tesla is one of the biggest and most obvious bubbles of our lifetime. We have the luxury of experiencing it real time. Let's cherish it and look back at this moment fondly.
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