if they don’t have fsd then they are just an electric car company. if they are just a car company their stock should be at 50 dollars right now. hence why he’d never admit it and instead will double down with his robot that will never materialize
Nonsense. Go look at some of the models by different analyst. Even if you include no software revenue at all, you can justify a much higher stock price then you suggest. Some never include anything for FSD in the first place.
And even if they don't reach FSD, they could still generate a lot of software revenue from Autopilot features.
And beyond that Tesla still does more then final assembly of EV and selling them to dealerships.
Their current assist packages are already incredible even though they come short of full self driving.
EDIT: In case my point isn't clear, if your position is predicated on the idea that anything less than full self driving is worthless garbage, you should know that is a pretty hot take. If you are instead having an emotional reaction and feel deceived I don't know what to tell you, you might have a very valid point but that doesn't appear to figure into evaluating whether a stock is under or over priced.
