Tesla now more valuable than Ford…

Interesting article by Fred Lambert and found on electrek…

Tesla (TSLA) is now more valuable than Ford and why it doesn’t matter

Without giving away too much of the article (or, conversely, simply offering a summary), the article notes that Tesla’s stock has for the first time risen above Ford’s: $45.47 billion versus $45.35 billion.

The article also notes that there remain sharp criticism and critics against Tesla who will no doubt wonder what in the world people see in the company.  It is operating at a loss and Ford sells far more vehicles than it does and operates at several billion dollars worth of profit.

However, the article examines what exactly Tesla is and comparing it one on one to another car making company doesn’t do Tesla justice.  It is, after all, a company that not only produces cars but it also working on solar power, batteries for the home, and software.

I was in a mall this past weekend and it happened to have a Tesla “store”.  Within were two Tesla vehicles, the S and X model (the upcoming “cheaper” model 3 completes the S 3 X –sex– label…if nothing else, Elon Musk has quite the sense of humor).

They were freaking gorgeous.

I’ve long noted that it is my belief with the coming automated driving we will soon not have personal vehicles, instead relying on a Uber/Lyft app that will call self-driving vehicles to us, will take us where we want, then be off to pick up the nearest passenger.

However, if I should ever get myself another car, I suspect it will be the model 3…at least once it is readily available.

If my predictions of what’s to come with self-driving cars prove right, that might well be the last actual vehicle I own!