It isn't becoming, it is. It's also more than a car manufacturer, more than a solar roofing developer and installer, more than a grid and home energy storage company.
All lines of business renowned for being high-margin and capital-light, with strong pricing power and wide competitive moats.
Amazon was the laughing stock of the investment world for at least 10 years on the same basis. Beside, the market is already speaking for Tesla's valuation.
Tesla (TSLA) and Honda have confirmed that they are partnering to pool their sales in Europe in order for the latter to avoid emission fines due to its lack of electric vehicles. Europe has put in place new regulations to reduce fleet emissions from automakers. Each automaker has to sell more ele... View the article. https://flip.it/s7LzZi
100 or 1000, It's all relative. If you said you would put all your money on Tesla, I would say go for it. No guts, no glory.
It is a public secret that Tesla is only profitable thanks to selling emmission rights. Tesla is not able to build cars and make profit from it. In the long term that might be a huge problem. Especially as competition on the EV market is growing.
I'm not sure what you're trying to say... It's not fair that Tesla can report profits from selling credits? It's a ridiculous argument! The rules are clear and all manufacturers make strategic decisions based on these rules. The US and, to some lesser extend, Japanese manufacturers opt not to produce EVs or low emission/high mileage vehicle. It's part of Tesla's strategy to earn profits selling their extra credits. Good for them! Are you going to also complain that Tesla makes money on non car activities? Not fair!