@LazyLaneCapital Two other things worth noting are Tesla hasn’t been FCF negative since 2018 so I rlly don’t think there’s risk on that front and then it’s also worth paying attention to structural vs. cyclical changes in demand (to what extent is it interest rates + recession fears ie temporary)
@LazyLaneCapital I agree with you on china… BYD gonna keep eating their lunch until Tesla releases mass market vehicles— in terms of US, the last price cuts actually spurred a huge increase in demand that has been surprisingly durable based on cc data which is why I like this offensive move
@samatoly@GenesysGo Their tokenomics are pretty much out:
10,000 tokens per SSC NFT that vest daily over a year— this is half of the total supply, so current NFT price implies MC of $320m. Only 15% will be sold during IDO.
This is an overview of the ido and tokenomics: https://t.co/lmWUxmKRdD