As it should given the realistic expected future sales potential, joke that is FSD, and increasingly competitive nature of the BEV market. When it falls another 50% it will be fairly priced (roughly on-par with Toyota's market cap).
Agreed. Now that Toyota and every other major auto manufacturer has a good electric vehicle, Tesla is one among many. Their current revenue vs growth potential should be priced accordingly. That likely means a much lower market share than Toyota.
I'd love to know which Toyota EV you are referring to? Ask a 100 people to name an EV, 80 would say Tesla, and 70 could point them out, and 40 name some model. Not so with Toyota
These days I see more plug-in Prius/RAV4 hybrids than Teslas. You can be an EV purist but they're competing for the same customers and plug-in hybrids also qualify for tax credits.
Fair point. What I was thinking of is their line of pluggable hybrids. Where if you keep it plugged in at night it acts as all electric for a 16 mile each way commute.
Prius Prime is their main PHEV but they are also making trucks and SUVs pluggable.
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