Google's side business is beating Tesla at its main business

It’s funny how Musk has changed from the origins of Tesla where he had a very expensive car just to break into the market and build momentum. And now says that having more cars and cheaper cars means the expensive upstart (Waymo) will never compete.

It's pretty nuts how Waymo has a legit driverless robotaxi business in SF + ARZ and no one seems to care, even in those locations. They are just another nuisance on the road as you go about your day.

I get that investors are waiting for the upfront and unit economics to become positive before freaking out, but it really makes TSLA's stock price seem absolutely absurd when you look at each company's PE ratios.