Quote:
Originally Posted by Onesie
I really don’t understand much how valuation helps a company. All I know is that Toyota sells vehicles. Tesla does not, on the same scale (especially as you consider company valuation).
If I were to bet in the longevity of a company, all my money would go to Toyota. Tesla is like crypto coins.
I don’t like their cars, but I’m in the minority. They sell… Teslas sell as well and I don’t like them either.
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Ignoring valuation, my point was that Toyota gives no reason to believe they are particularly smart or visionary. IBM still exists too, but they are a shell of their former self.
I see nothing from Toyota in the past 10 years that indicate they are anything but a fading power.