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Tesla (TSLA) surpasses BMW's valuation as one soars and the other slips

electrek.co

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Re: Tesla (TSLA) surpasses BMW's valuation as one soars and the other slips

#21

Post by rootusrootus »

codeulike wrote: post #19
DanCarvajal wrote: post #15

Earlier quoted context omitted.

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

Both Chevy and Hyundai have decent range EVs that are significantly less expensive than a Tesla, so it seems like it's not a problem only Tesla knows the answer to.

Re: Tesla (TSLA) surpasses BMW's valuation as one soars and the other slips

#22

Post by mijamo »

arcticfox wrote: post #8
whtswrong wrote: post #4

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...

Valuation does not AT ALL summarize all the other metrics.

Valuation is NOT a representation of the future of even expected future of a company.

I could bet on Tesla and help its value rise just because I think tomorrow other people will bet on them and so the share will rise. I could bet on Tesla because I think Softbank has way too much money and will ensure I get an nice ROI soon. I could bet on Tesla because I just see that they've been growing and think it will keep going at the same pace without issue.

As long as you have people ready to buy at a higher price for whatever reason, the share will rise. And if people stop believing it will drop. Both regardless of the actual metrics behind. When Tesla gains or lose more than 10% IN A DAY, it's not because suddenly their metrics are 10% better or worse, it's just the mirror of the market's collective psychology.

Re: Tesla (TSLA) surpasses BMW's valuation as one soars and the other slips

#23

Post by JoeAltmaier »

rootusrootus wrote: post #21
codeulike wrote: post #19

Earlier quoted context omitted.

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

Both Chevy and Hyundai have decent range EVs that are significantly less expensive than a Tesla, so it seems like it's not a problem only Tesla knows the answer to.

The Bolt at 238 miles is still quite a bit under the Tesla which can reach 300+. But at half the cost, its a price point that will suit many folks.

Re: Tesla (TSLA) surpasses BMW's valuation as one soars and the other slips

#24

Post by codeulike »

rootusrootus wrote: post #21
codeulike wrote: post #19

Earlier quoted context omitted.

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

Both Chevy and Hyundai have decent range EVs that are significantly less expensive than a Tesla, so it seems like it's not a problem only Tesla knows the answer to.

The Chevvy bolt is sold at an $8000 loss.

The Hyundai Kona Electric looks cool but is only going to be sold in small numbers and won't be available in much of the USA https://insideevs.com/hyundai-kona-electric-limited-u-s-avai...

I wonder why.

Re: Tesla (TSLA) surpasses BMW's valuation as one soars and the other slips

#25

Post by Retric »

codeulike wrote: post #24
rootusrootus wrote: post #21

Earlier quoted context omitted.

Both Chevy and Hyundai have decent range EVs that are significantly less expensive than a Tesla, so it seems like it's not a problem only Tesla knows the answer to.

The Chevvy bolt is sold at an $8000 loss. The Hyundai Kona Electric looks cool but is only going to be sold in small numbers and won't be available in much of the USA https://insideevs.com/hyundai-kona-electric-limited-u-s-avai... I wonder why.

Not only are they losing money, it also starts at $36,620 which is more than the Tesla 3 base model and it’s tiny.

   Bolt: 164″ L x 70″ W
   Model 3: 185″ L x 73″ W
Which is not nessisarily a bad thing for a city car.

Re: Tesla (TSLA) surpasses BMW's valuation as one soars and the other slips

#26

Post by LeonM »

DanCarvajal wrote: post #15
ckastner wrote: post #10

BMW 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.

They are able, but they don't do it.

The only full electric car BMW currently produces is the wacky i3, which doesn't appeal to the average BMW buyer. For some reason all car manufacturers (except tsla) build really lame, goofy, small electric cars, why can't we just have a traditional luxury saloon?

The current 5 and 3-series are not offered in an full electric version. Which means that maybe, if we are lucky, there will be an all-electric 3/5 series in the next-generation (to be expected in 2021).

Re: Tesla (TSLA) surpasses BMW's valuation as one soars and the other slips

#27

Post by rchaud »

webwielder2 wrote: post #12
Someone1234 wrote: post #9

Earlier quoted context omitted.

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.

That reputation came about due to their notorious review of the Nokia Lumia 900 in 2012. The reviewer gave it lower numerical scores than the iPhone on various factors like ergonomics and camera even though the review text didn't imply that it was lower quality.

That led to accusations of Apple bias, especially because of editor Topolsky's love of all things Apple back during his Engadget days.

I think it's still their most-commented article ever.

Re: Tesla (TSLA) surpasses BMW's valuation as one soars and the other slips

#28

Post by cronix »

arcticfox wrote: post #8
whtswrong wrote: post #4

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...

Imagine what their sales would be in the US if they were actually allowed to have dealerships! I'm quite amazed they've been doing as well as they have been with that huge barrier the other car companies don't have. Imagine if the other manufacturers had to deal with this: https://finance.yahoo.com/news/cant-buy-tesla-states-1613182...

Re: Tesla (TSLA) surpasses BMW's valuation as one soars and the other slips

#29

Post by falcolas »

Retric wrote: post #25
codeulike wrote: post #24

Earlier quoted context omitted.

The Chevvy bolt is sold at an $8000 loss. The Hyundai Kona Electric looks cool but is only going to be sold in small numbers and won't be available in much of the USA https://insideevs.com/hyundai-kona-electric-limited-u-s-avai... I wonder why.

Not only are they losing money, it also starts at $36,620 which is more than the Tesla 3 base model and it’s tiny. Bolt: 164″ L x 70″ W Model 3: 185″ L x 73″ W Which is not nessisarily a bad thing for a city car.

The Tesla 3 base model is not in production right now. Only the higher priced models are. I'm sure they'll eventually get to it, but you're comparing a model that is available to buy today with one which is not.

Re: Tesla (TSLA) surpasses BMW's valuation as one soars and the other slips

#30

Post by dagw »

Someone1234 wrote: post #9
jasoncartwright wrote: post #2

I 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.

In a similar way to The Verge being part of Apple's

??? I read The Verge fairly regularly and can't recall them ever regularly giving undue praise to Apple. I mean if nothing else, they gave both the latest iPad and MBA a 7.5/10

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