Loading...
Market
Story
Tesla's Valuation Hits $1.1 Trillion, Surpassing Waymo and Over Half of Google's
Nov 23, 2024, 02:24 PM
Tesla's market valuation currently stands at $1.1 trillion, significantly higher than Waymo's private valuation of $45 billion. Tesla's valuation is also over half of Google's, despite Tesla generating $3.6 billion in free cash flow over the past 12 months compared to Google's $55.6 billion. Some analysts argue that Tesla's high valuation is driven by its narrative focus on future technologies, including Full Self-Driving (FSD), Optimus robots, superchargers, Dojo supercomputers, and robotaxis. In contrast, Google, which has substantial investments in TPUs, a large stake in SpaceX, and Waymo, is perceived by some as undervalued. Despite this, Google continues to grow, while Tesla's growth has stagnated. Additionally, Tesla's cumulative net income since going public is a point of discussion.
View original story
Similar markets
Full Self-Driving (FSD) • 25%
Hybrid of FSD and human drivers • 25%
Human drivers only • 25%
Other • 25%
Model S • 25%
Model 3 • 25%
Model X • 25%
Model Y • 25%
Unsupervised Driving • 25%
Enhanced Smart Summon • 25%
Improved Highway Stack • 25%
Other • 25%
Version 13 • 25%
Version 14 • 25%
Version 15 • 25%
Other • 25%
Healthcare AI • 25%
Autonomous Vehicles • 25%
Robotics • 25%
Other AI applications • 25%
Autonomous Vehicles • 25%
Energy Solutions • 25%
Vehicle Production Expansion • 25%
Other • 25%
FSD Neural Networks • 25%
Optimus Robot Training • 25%
General AI Research • 25%
Other • 25%