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Tesla has 1/3rd the market cap.

If Waymo is a rounding error to GOOG, it's basically a rounding error to Tesla's implied valuation.

So what is Tesla valued in then?

Clearly not car sales, profit, and especially growth in either of those segments.

xAI is supposed to be where all the AI is.

Where is it?



Future gains on political corruption?


Faith in the fact that Elon has never lost investors money.


Robotics I think.


Tesla’s robots during that investor event were shown to be controlled by humans wearing mimicking hardware


Isn't that what Robotaxi is?


I thinking about their humanoid robots and other initatives.




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