Earlier quoted context omitted.
> Nothing in TFA seems suspicious to me. I don't know about "suspicious", but what exactly is the point? Tesla, whom many consider overvalued, has a higher market cap than BMW. So what? BMW makes more money, has higher revenues, produces more cars and has been in business way longer. Their sales have been growing for years. They deliver almost as many cars in a month as Tesla has in its entire existence. So what is t…
> Their sales have been growing for years. Looks like they just posted a solid ~5% YoY growth for the last quarter, while TSLA posted ~125%. It's clearly an interesting difference. Valuation is the metric that summarizes all of the other metrics. https://www.zacks.com/stock/chart/bamxf/fundamental/revenue-... https://www.zacks.com/stock/chart/TSLA/fundamental/revenue-q...
Tesla (TSLA) surpasses BMW's valuation as one soars and the other slips
11–20 of 112 posts
Re: Tesla (TSLA) surpasses BMW's valuation as one soars and the other slips
#12I often enjoy Electrek's coverage, but they aren't a reliable news source. http://www.thedrive.com/news/24025/electreks-editor-in-chief...
I don't think it is much of a stretch to suggest that Electrek is part of Tesla's marketing team. In a similar way to The Verge being part of Apple's.
The Verge are Google/Android fanboys at heart. Unclear to me how they got the iVerge moniker besides giving good scores to Apple’s objectively good devices.
Re: Tesla (TSLA) surpasses BMW's valuation as one soars and the other slips
#13Earlier quoted context omitted.
Tesla's high valuation represents the hopes for its future importance. So at this point you could say the market values Tesla's future as being more important than BMWs future. And if you are ecologically minded, thats interesting.
> And if you are ecologically minded, thats interesting. This doesn't follow. If you were truly ecologically minded, you'd cheer on all the automakers in their move to EVs, not one in specific with a microscopic market share. BMW has more potential to shift the landscape than Tesla.
Tesla is shifting the landscape, BMW could be.
Comparing the indicative with the indicative mood isn't fair. Vapourware always/never beats what's shipping.
Re: Tesla (TSLA) surpasses BMW's valuation as one soars and the other slips
#14Earlier quoted context omitted.
Tesla's high valuation represents the hopes for its future importance. So at this point you could say the market values Tesla's future as being more important than BMWs future. And if you are ecologically minded, thats interesting.
> And if you are ecologically minded, thats interesting. This doesn't follow. If you were truly ecologically minded, you'd cheer on all the automakers in their move to EVs, not one in specific with a microscopic market share. BMW has more potential to shift the landscape than Tesla.
Well thats true, I do want other automakers to follow. That's Tesla's stated mission actually - to accelerate the transition to sustainable transport. So perhaps this market valuation will give BMW a kick up the arse. BMW and all the other major carmakers are continually announcing how they're going to start producing loads of EVs blah blah, but its always still 'a few years away'. And seems to have been like that for a decade now. I think there is some sort of deadlock at the senior management level.
Also, Tesla's market share is no longer microscopic and the likelihood is its going to continue to grow. Thats the whole point of the market valuation that this conversation we're having is about.
Re: Tesla (TSLA) surpasses BMW's valuation as one soars and the other slips
#15BMW reported profits of €8.7bn for the year 2017. [1] Tesla stockholders must be very, very optimistic about its future performance when they value Tesla more than an already established, immensely profitable player. [1] https://phys.org/news/2018-03-bmw-net-profit-bn-euros.html
Stockholders just believe the no one else will ever be able to make an electric car.
Re: Tesla (TSLA) surpasses BMW's valuation as one soars and the other slips
#16As a former BMW fanboy, here's my take:
1) Over the past decade, BMW has snuffed the enthusiast/semi-enthusiast crowd to cater to mainstream luxury buyers.
2) Anecdotally, I've noticed that the Tesla buyers of today were the BMW/Audi buyers of yesterday.
Who's still interested in new BMWs?
Re: Tesla (TSLA) surpasses BMW's valuation as one soars and the other slips
#17Earlier quoted context omitted.
Tesla's high valuation represents the hopes for its future importance. So at this point you could say the market values Tesla's future as being more important than BMWs future. And if you are ecologically minded, thats interesting.
> And if you are ecologically minded, thats interesting. This doesn't follow. If you were truly ecologically minded, you'd cheer on all the automakers in their move to EVs, not one in specific with a microscopic market share. BMW has more potential to shift the landscape than Tesla.
Tesla has definitely given a tremendous push to the market.
I highly doubt the EV efforts would be nearly as far along as they are without Tesla, and the danger that the catch-up activity by other players dies down again if Tesla goes under is very real. (until the Chinese manufacturers start tackling the European market, that is)
There is nothing better to put pressure on other manufacturers than a successful EV vendor.
Re: Tesla (TSLA) surpasses BMW's valuation as one soars and the other slips
#18BMW reported profits of €8.7bn for the year 2017. [1] Tesla stockholders must be very, very optimistic about its future performance when they value Tesla more than an already established, immensely profitable player. [1] https://phys.org/news/2018-03-bmw-net-profit-bn-euros.html
> Tesla stockholders must be very, very optimistic about its future performance
or about their ability to flip the stock to the next buyer while the going is still good.
Re: Tesla (TSLA) surpasses BMW's valuation as one soars and the other slips
#19BMW reported profits of €8.7bn for the year 2017. [1] Tesla stockholders must be very, very optimistic about its future performance when they value Tesla more than an already established, immensely profitable player. [1] https://phys.org/news/2018-03-bmw-net-profit-bn-euros.html
Stockholders just believe the no one else will ever be able to make an electric car.
Battery packs for EVs are expensive and heavy. And more complicated than people realise. They're not just big batteries. Making an electric car with decent range at an affordable price* is not easy at all. Tesla is closer than anyone else.
* edit: an affordable price that isn't loss-making, I should say
Re: Tesla (TSLA) surpasses BMW's valuation as one soars and the other slips
#20Earlier quoted context omitted.
Tesla's high valuation represents the hopes for its future importance. So at this point you could say the market values Tesla's future as being more important than BMWs future. And if you are ecologically minded, thats interesting.
> And if you are ecologically minded, thats interesting. This doesn't follow. If you were truly ecologically minded, you'd cheer on all the automakers in their move to EVs, not one in specific with a microscopic market share. BMW has more potential to shift the landscape than Tesla.
Maybe, but Tesla is selling significantly more cars than BMW right now.
When another automaker starts selling an all-electric lineup, I'll cheer for them as much as for Tesla.