No offense, but I know what's being said. Not just a car company etc etc. I was an investor back in 2019-2021,
now I'm shorting the stock. I'm looking at actions, not words.
Cars - no serious volume increase in sight due to no new models being launched. Competition (especially in China) seriously ramping up. But without a serious software component, there's no 450B business in 2024.
Charging network - valuable, but a commodity. Slowing EV adoption slows down revenue growth from supercharging, even without any competition. Essentially you can model their supercharging revenue growth rate by taking new EV sales and applying a correction factor. Someone can probably work it out quite reliably, but it's very low margins since the barier of entry is so low.
Western EV company selling in China - how is that not factored into the price through their sales? Arguably the biggest benefit Tesla is getting out of China is the ability to compete on manufacturing costs with the local manufacturers.
But yes, agree to disagree!