The Big Picture
Dec 24, 2021
2 minutes
Angus MacKenzie
One of the many puzzling things about Tesla’s trillion-dollar market capitalization—and there are indeed many puzzling things about it—is the notion Tesla is worth more money than other automakers because it’s a tech company and not a car company. Yeah, right. Last time I looked, Tesla made cars. Electric cars. Electric cars that offer class-leading range and performance, but electric cars nonetheless.
Tesla ain’t Apple.
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