2021 vs 2022 Market cap change in the Tech Industry (Top 10 tech stocks by market cap as of 21 Nov 2022) [OC]PoopingIsAWorkout4Me t1_ixg4ikb wrote
Reply to comment by f1sh-- in 2021 vs 2022 Market cap change in the Tech Industry (Top 10 tech stocks by market cap as of 21 Nov 2022) [OC] by Savoy_Cabbage
It might be defined that way, but I disagree wholeheartedly. They’re not an auto manufacturer, they’re a tech company. Anyone can make an electric car, it’s how it’s presented and how the person engages with it.
Also, they’re literally in the Nasdaq 100, weighted between Alphabet and Nvidia, so while not technically a tech company, they are.
f1sh-- t1_ixgu2gx wrote
IMO that is their greatest trick male people trade it like a tech stock. It it’s all bollocks the primary interface is physical and hardware based. None of their services are virtual. Is Ford a tech stock, they use tech. You could argue that the software is tech but it’s like a small percent of the company. Majority is manufacturing.
Viewing a single comment thread. View all comments