Tesla's stock price fell circa 11 % in yesterday's trading session on the Nasdaq bourse.
Tesla's market capitalisation currently sits at 341.86B USD, capitalisation which is sill close to more than the current market capitalisation of the remaining automobile manufacturing industry.
And Tesla was worth 1.24 trillion USD just one year ago.
According to my estimates, Tesla is worth 120 billion USD and in my personal view this reflects the value of the electrical vehicle production technology, mainly. The technology know-how, expertise, actually. And the highly educated and experienced, often brilliant Tesla workforce, especially in Artificial Intelligence, AI areas.
Because, outside carbon credits Tesla is still barely profitable. Tesla has some cash financing left, but without a huge cash injection or breakthrough in electric car production technology, which makes electric cars manufacturing actually profitable, Tesla could easily stop being a going concern or go out of business, to put it plainly.
The human factor with Elon Musk is huge driver for Tesla's value. If Musk's brilliance is employed fully for Tesla's benefit, Tesla could actually achieve its lofty aim of disrupting vehicle manufacturing and thus the world economy.
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