growing to be what? More profitable then all those car companies combined ?
I would also need to minus 30% off p/e because the selling clean credits business will go away soon. And I would need to factor in the computer shortage which is temporarily inflating profit margins for all automaker’s.....
Margins are way higher than any other automaker, and they will continue rising as they increase efficiency. There's also the energy business which has the potential to be as big as the car business, but it's still comparatively tiny.
Regulatory credits are only 13% of Q3 income, and while they helped Tesla survive they are not very important at this point.