What do you guys think about Tesla’s future?

The reason for this question is because in Q4, I’ve seen that TSLA’s major revenue incurred is not from automotive but credit sales. They are selling credits to car companies that aren’t green. So what happens if other competitors are manufacturing their vehicles as BEV/EVs, do u think that TSLA’s future might be heavily affected since it heavily depends on credit sales? Thank u!

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What are your thoughts?

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Chris

02 Feb 2021

Owner and Writer at Tortoisemoney.com

I do believe that if you look at TSLA's future solely as an EV manufacturer then yes they are massively overvalued.

However, some important future developements for Tesla that may or may not occur include (but are not limited to):

Autonomous driving (and by extension, robotaxi services)
Auto Insurance
HVAC Systems
Battery tech
Powerwall
Tesla Merch (lol)

Many of these are still not fully developed yet. But because all of these are hard to evaluate in terms of how much revenue they can drive or how successful Tesla will be in achieving them, Tesla's valuation is hard to nail down.

But if you do believe that Elon Musk can acheive all of these and dominate these fields in the future, then Tesla might truly have its valuation in the trillions in the future.