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Palantir could be the most overvalued company that ever existed

(247wallst.com)
164 points Anon84 | 1 comments | 08 Dec 25 04:45 UTC | HN request time: 0s | source
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jqpabc123 ◴[08 Dec 25 06:50 UTC] No.46189203[source]▶
TSLA has to be in the mix with a PE over 300.
replies(1): >>46191059 #
TitaRusell ◴[08 Dec 25 11:26 UTC] No.46191059[source]▶
I don't know. People judge Tesla and other companies on their links with the Trump cult and trade tariffs.

And to be honest car manufacturers have always had very deep links with politics.

replies(2): >>46191766 #>>46191891 #
iszomer ◴[08 Dec 25 13:20 UTC] No.46191891[source]▶
I think it would blow their minds that Tesla isn't just an EV manufacturer.
replies(2): >>46192083 #>>46200897 #
jqpabc123 ◴[08 Dec 25 13:39 UTC] No.46192083[source]▶
90% of TSLA income is from EV sales. Everything else is just Musk's grandiose and increasingly absurd predictions which have a long history of falling short of reality.

For example:

https://electrek.co/2025/07/23/elon-musk-with-straight-face-...

replies(2): >>46196222 #>>46200866 #
_DeadFred_ ◴[08 Dec 25 19:00 UTC] No.46196222[source]▶
Isn't a bunch of it just bitcoin accounting tricks that were 9% of Tesla's profit in 2024?

https://fortune.com/2025/01/30/tesla-profits-bitcoin-crypto-...

Oh yeah, and government subsidies (making up 38% of profits in 2024)

https://news.sky.com/story/elons-playing-a-very-dangerous-ga...

replies(1): >>46196932 #
1. jqpabc123 ◴[08 Dec 25 20:06 UTC] No.46196932[source]▶
Yes. Most companies play these financial games to some extent.

I lumped government subsidies in with EV sales since they are related. Trump wiped these out.

Robotaxi and robots are the fantasy category. They are not currently income producers and may not be for years to come. His robot demos have been widely panned as fake.

https://mashable.com/article/fake-tech-demos-tesla-musk