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Plzbanmebrony t1_ixymqzb wrote

Reply to comment by Riaayo in Tesla recalls more than 15,000 Australian electric vehicles over faulty tail lights by ninjascotsman

That is why they are building multiple new factories.

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Riaayo t1_iy2dnuo wrote

I mean that's cool, why are they valued higher than competitors who actually meet demand right now?

Because the value is smoke and mirrors bullshit. The company is over-valued.

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Plzbanmebrony t1_iy2dwwt wrote

They don't have legacy facilities to convert like Ford does. Having more demand than product is not always bad. It means they are basically able to have guaranteed growth by just expanding production.

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