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Tesla's valuation is not related to their production of cars or robots.

refrigirators then? some other household appliances? what exactly is “thing de jour” tesla is today?!

BYD made 35% more electric cars than Tesla and its market cap is about 1/10th.

Tesla's valuation has no grounding in any physical goods it manufactures.

imagination and feelings

We might as well call it “vibe valuation“ since that’s what it is.