Future profitability is how equities are priced. Ford is expected to not be (very) profitable while Tesla is. Number of units sold is irrelevant.

Speculation, plain and simple. Some speculate, the F-series will not outsell all Tesla models combined in the future, and they all wanna get in on the ground floor.

Before MoviePass collapsed into a burning pile of dog poop, there was a target price of $3000... Speculators love speculating.

Side note - I bought $1000 of movie pass at $0.02. I never expected it to increase in value (which it hasn't, I'm sure), but I thought it was fun to say that I owned 0.5% of the available shares of a company.

It's not. Telsa's Enterprise Value is $108B, Ford's Enterprise Value is $153B.

The F-150 burns gasoline. Tesla have only just entered the mass market. The market is comparing expected sales in a few years.

As Steve Eisman said: "It's very hard to short a stock that's a cult ..."

Worth =/= today's sales...