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Old 04-04-2017, 03:09 PM
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Default Tesla most valuable US car company

Well, I mean, that just doesn't seem sustainable, given the number of cars they make compared to everyone else. There is one heck of a growth multiplier baked in there, time to short?

http://www.cbc.ca/news/business/tesla-gm-ford-1.4054630

A day after doing the same to Ford, Tesla Motors overtook GM to become the most value valuable car company in the U.S. by market value on Tuesday.
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Old 04-04-2017, 03:13 PM
Dr T Non-Fan Dr T Non-Fan is offline
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Car bubble will burst imo
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Old 04-04-2017, 03:22 PM
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If the accomplish what the are planning, they are undervalued. By any financial metric that doesn't assume crazy g in the denominator, they are over valued.

That's not a good recipe to go long or short. I think they'll find the price of raw materials for the batteries increasing rather significantly, until the glass batteries are workable.
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Old 04-04-2017, 03:32 PM
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They are a battery company with a car subsidiary at this point, right?
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Old 04-04-2017, 03:39 PM
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I think they're overvalued because of how hyped Elon is. Once their car production ramps up we'll see if they have longevity. I want them to succeed though since those cars sound pretty cool
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Old 04-04-2017, 03:57 PM
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Elon has taunted the shorts. He is playing with fire.
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Old 04-04-2017, 04:56 PM
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I think they're doing lots of cool things, and they're well positioned to dominate the self driving car market, I just find it hard to justify a market cap higher than companies that sell so many more cars than them, but, time will tell I suppose.
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Old 04-04-2017, 05:00 PM
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Quote:
Originally Posted by donny5k View Post
They are a battery company with a car subsidiary at this point, right?
That's how I think of them.

There's so much money in batteries - battery technology will allow solar and wind to completely replace hydrocarbons. Whether that's 2 years away or 50, I really don't know, but measuring their value against Ford and GM doesn't really make sense.
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Old 04-04-2017, 05:11 PM
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Their solar roofs are pretty damn cool.
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Old 05-03-2017, 01:34 AM
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Quote:
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They are a battery company with a car subsidiary at this point, right?


While I think that's accurate. It's all about the batteries...

The ethos of Tesla has changed from "Tesla will be a leader in the electric vehicle category of the auto industry" to "Tesla will dominate the entire auto industry and sell more cars than the big 3 combined..."

Their current stock value almost demands that narrative: The expectations are out of hand, but I don't have the balls to short them.

Tesla short sellers have already lost $3.7 Billion this year
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