Even if there is potential to self-driving technology, the wait is very long because the technology is still nascent and unproven. Are people willing to put money on stocks that won’t grow for years or years? It’s the same with space stocks. This just vindicates the principle of value investing: invest in companies that are already profitable.
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faintwhenfree@lemmus.org 6 days agoBut… Bro look at the potential, bro… It isn’t self driving now, but it will be THE self driving technology in 20 years bro… Just trust me bro… This is the time to buy broo… P/E ratios are measurements of a bygone era bro… Once TSLA monopolies self driving brooo… Stock price will have exponential. Growth bro… More than earth’s GDP bro… Trust me bro…
TankovayaDiviziya@lemmy.world 6 days ago
rbos@lemmy.ca 6 days ago
Speaking personally I’m okay with a 20 year timeline on returns, but I think Tesla is not that stock.
Malyca@lemmy.zip 5 days ago
We’ve got Rivian self driving at home, with lidar and safety.