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node | 5 days ago (raw) | root | parent | reply | flag 
 How is Toyota ranking after Tesla as a car maker? I never understood that statistic. Tesla is worth 5 times Toyota but Toyota sells 5 times more cars. I wonder if the subsidies somehow skew the metrics. It doesn’t make sense to me
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imnuso | 5 days ago (raw) | root | parent | reply | flag 
 Stocks are a mechanism for estimating future value, not present value. Electric vehicles have more upside potential as a technology, and an automaker focused on this category has a higher chance of benefiting from it. At least that is the thinking of most investors, I think.
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node | 5 days ago (raw) | root | parent | reply | flag +1 
 5x the cars and Tesla price starts quite high though. But yes I agree. It seems like the stock market is skewed towards green projects
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imnuso | 5 days ago (raw) | root | parent | reply | flag +1 
 Yes it’s the predominant narrative. Governments all over the world are pushing this nonsense for various and opaque reasons. „Investors“ are opportunists all the way down to zero. Funny decade ahead.
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Gojiberra | 5 days ago (raw) | root | parent | reply | flag 
 As far as I remember the last I looked at it, Toyota has a lot of debt, and very low margins. They make dozens of different models.

Whereas Tesla has a cash pile, makes only 5 models, which are platforms for its software sales which have high margin.
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node | 4 days ago (raw) | root | parent | reply | flag +1 
 Definitely. Toyota finances itself by debt vs Tesla which finances itself by subsidies.
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node | 5 days ago (raw) | root | parent | reply | flag +1 
 I wonder what the carmaker landscape looks like 10-15 years from now when we rely on self driving and batteries that dont last as long as fuel autonomy. Because it was green and not because it was efficient
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Gojiberra | 5 days ago (raw) | root | parent | reply | flag 
 Tesla has high margin( perhaps because of the subsidies IDK) plus they have software. The Toyota software kinda keeps you in the lane, but it's not too dependable.
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node | 5 days ago (raw) | root | parent | reply | flag 
 So it’s a bet on the self driving software being fully functional in the future? I have trouble seeing how that’s more valuable than 5x the car sales. Seems like the market is skewed towards green endeavours these days
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Gojiberra | 5 days ago (raw) | root | parent | reply | flag 
 If robotaxis are a thing, it would be 10trillion opportunity. Which would be at least 10X Tesla price

I'm starting to hope it's impossible to have full self driving after seeing a video someone posted on here about how it could make a distopia of roads. 

Public transit is really necessary. In the US our health and freedom to walk and bike is seriously threatened by this idea of personal transportation that could have a 10 trillion behemoth pressuring government regulation to raise speed limits, etc. Especially now that Elon is friends with Trump! I've never seen Trump on a bike. 

After 6months of NOSTR, I'm a human intelligence maxi. Maybe we should get rid of cars altogether. As I get ready to get in my car. 

Found the video.

https://youtu.be/040ejWnFkj0
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node | 4 days ago (raw) | root | parent | reply | flag +1 
 Totally agree. Public transit is necessary. 

Maybe we should get rid of cars as I get in my car 🤣