The difference is that the future Tesla promised came just not on the timeline Tesla promised. I have high confidence that Semi, Cybertruck, Roadster, and Robotaxis will be here as promised, just not on the promised time.
Rivian, on the other hand, has not met the promised future on any timeline yet. Perhaps they will, but their past experience does not leave me with such high confidence.
Well then you’d agree that Tesla’s current stock price is completely fine, just that the timing is off and should be what it is today in 20 years time when all cars sold on earth are Teslas
Rivian, on the other hand, has not met the promised future on any timeline yet. Perhaps they will, but their past experience does not leave me with such high confidence.