Hi Scott,
I’m a big fan! Still… even though you seem to have not learned or changed your opinion on Tesla. ;)
Your graph of Tesla versus AirBNB was cute - but very misleading.
$B’s $B’s
Year AirBNB Tesla
2016 1.7 7.0
2017 2.6 11.8
2018 3.6 21.5
2019 4.7 24.6
https://www.businessofapps.com/data/airbnb-statistics/
https://www.statista.com/statistics/272120/revenue-of-tesla/
Your graph comparing the sales of behemoths like VW and Toyota and MB compared to Tesla is also cute but misleading.
VW reported -7% YoY growth in the US in Q3, 2020:
https://seekingalpha.com/news/3619295-volkswagen-q3-u-s-sales-down-7_6-to-86446-vehicles
Notice their revenue chart starting the dive off the high-five platform:
https://www.macrotrends.net/stocks/charts/VWAGY/volkswagen-ag/revenue
Toyota is expecting a 13% decline in global sales thanks to coronavirus:
https://www.thedetroitbureau.com/2020/08/toyota-surprises-analysts-turns-small-q1-profit/
Look at Toyota’s revenue chart diving off a cliff:
https://www.macrotrends.net/stocks/charts/TM/toyota/revenue
Daimler sales is falling off a cliff - look at the charts:
https://www.macrotrends.net/stocks/charts/DDAIF/daimler-ag/revenue
Compare that industry-wide auto-sales Armageddon with Tesla’s CONTINUED exponential acceleration of revenues (which are half a dozen times larger than AirBNB’s revenues):
https://www.macrotrends.net/stocks/charts/TSLA/tesla/revenue
You connect to your fans through your human-ness and being real - and admitting your errors, showing the warts and all... along with your oracular home runs.
But you retain your value (don't you think) through your machine-like ability to correctly read data and make sharp predictions that others don’t.
The crowd is against Tesla. Every educated media and academic opinion is against Tesla. Your opinion is merely parroting a well-worn 8-track. Please look at the data again with fresh eyes, and re-evaluate.
Tesla ain’t a joke, duuude!
Anyways, keep up the good fight, keep big tech on their toes and honest (pshaw)… and thank you for your honesty in calling out your whiffs along with your homers.
Best,
Science Duuude
(BTW, the entire market - not just Tesla - is overvalued by at least 50% right now - expect a crash like you’ve never seen before - this past Feb-Mar was a small foretaste of where we should be - let's compare notes a year from now and see who gets thaat right). ;)
