Are valuations of automotive newcomers like Tesla justified?

The automotive industry is undergoing a period of transformation, from electrification to digitisation. All this change is creating opportunities for startups. These new car companies are generating large amounts of interest and even larger valuations. But are these valuations justified? Show notes Are car subscriptions the way forward? https://autovista24.autovistagroup.com/news/are-car-subscriptions-the-way-forward/ COP26 and the automotive world: the key talking points https://autovista24.autovistagroup.com/news/cop26-and-the-automotive-world-the-key-talking-points/ A sustainable automotive industry? Cars, climate change and COP26 https://autovista24.autovistagroup.com/news/a-sustainable-automotive-industry-cars-climate-change-and-cop26/ Power beyond the plug: alternative EV charging https://autovista24.autovistagroup.com/news/power-beyond-the-plug-alternative-ev-charging/ Updated: Hertz invests in 100,000 Tesla EVs for rental fleets in US and Europe https://autovista24.autovistagroup.com/news/hertz-invests-in-tesla-evs-for-rental-fleets/ Twitter: Musk November poll tweet https://twitter.com/elonmusk/status/1457064697782489088 Fortune: Elon Musk has now sold more than half the Tesla stock Twitter told him to https://fortune.com/2021/11/24/elon-musk-sold-half-tesla-stock-shares-twitter-poll/ FT: JPMorgan sues Tesla for $162m over Musk’s ‘funding secured’ tweet https://www.ft.com/content/1b49c3f4-890d-4c67-bda0-d0c8e71c3f69 NYP: Elon Musk threatens JPMorgan with ‘one star review on Yelp’ over lawsuit https://nypost.com/2021/11/22/elon-musk-threatens-jpmorgan-with-one-star-review-on-yelp/