I've not read anything anywhere that says that Tesla is having anything other than massive issues with FSD, which seems very much to be the lynchpin of ARK's analysis. Tesla conquering FSD is not a safe assumption. That assumption leads to Tesla dominating a market they aren't even in yet, which is at least partially leading to the valuation that ARK is arriving at.
Color me skeptical to think that a company who has never experienced serious competition in its space by other industry adjacent competitors, who are going to be entering into that market in increasing frequency, is going to "easily" become the most valuable company in the world in a few years.
You are buying a shitload of hype. Nothing wrong with that, just be aware. Everything you have typed so far is screaming stock pump. From the valuator you cited to what you are posting on here. Like I said, I'm wrong all the time, but you got some big blind spots you might wanna close up.
And whoever told you P/Es are only good for mature companies is selling you Omaha ocean front property. That's utter bollocks.
Color me skeptical to think that a company who has never experienced serious competition in its space by other industry adjacent competitors, who are going to be entering into that market in increasing frequency, is going to "easily" become the most valuable company in the world in a few years.
You are buying a shitload of hype. Nothing wrong with that, just be aware. Everything you have typed so far is screaming stock pump. From the valuator you cited to what you are posting on here. Like I said, I'm wrong all the time, but you got some big blind spots you might wanna close up.
And whoever told you P/Es are only good for mature companies is selling you Omaha ocean front property. That's utter bollocks.
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