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I believe the reason for the extra valuation of tesla is factoring in the potential of self driving cars and the market they can capture currently held by uber/lift - also the energy storage market and the solar market...

So while they sell cars and that is the majority of what they are known for now... it’s believed in the future they will be worth more because of the AI and storage businesses

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i think the main reason, as a follow up of your opinion is that Tesla is a technology company first and automaker second. This gives a huge potential to sell services that are unique/very specific that are tremendously expensive. Im talking about Cells/Battery technology, AI, Autonomous driving, Infotainment devices, Internet of things, Chargers etc... etc...

I think at this point the only Automaker that can follow up Tesla could be Toyota or VW.

They are worth more than toyota, uber, lyft, ford, gm combined.

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