system
A chat on subreddit /r/wallstreetbets
human
Ill be honest. I admire you Tesla guys. Ill own that I completely missed this thing. I just cannot comprehend the hype.
gpt
Im no tesla fan but TTM toyota made $270b in revenue while tesla made $75b. However tesla has 2 times more net profit in the same period. Toyota mkt cap is at $180-190b? while tesla is at $380b. Minus the hype which has "decayed" the past few months, $70-80 share price seems reasonable if we're going by profitablity. Of course gross margins gonna tank in 2023, so maybe $50? Idk.