The Tesla Valuation Paradox

Tesla's stock price makes zero sense if you use traditional valuation methods. A car company

worth more than Toyota, Ford, and GM combined while selling a

fraction of their vehicles. Here's what Wall Street actually values. They're buying an

energy company that happens to make cars. Solar panels, battery storage,

and a charging network that could become the gas stations of tomorrow. Plus autonomous driving

data. Tesla sells you a car, then sells software updates and insurance.

It's a subscription model. They're betting on owning the infrastructure of electric transportation.