Australias Greatest Scam, page-85

Yes but again you don't invest based on how many cars a company sold 4 years ago, you invest on how many you think they'll sell in the future.

Investments are forward looking.

Tesla factories that are being constructed right now, aren't producing cars right now, are they?

PS remind me how many grid-scale batteries Toyota or General Motors have sold? 0
How many people are putting down deposits to go on waiting lists for future Suzuki models? 0