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Tesla Surges Above $500, Leaving Analyst Targets in the Dust

bloomberg.com

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Re: Tesla Surges Above $500, Leaving Analyst Targets in the Dust

#11

Post by oliverx0 »

According to Robinhood: “Tesla's stock has jumped 35% over the past month, becoming the most valuable American car company ever. GM and Ford produced a combined 39x as many cars as Tesla did in 2019, but the electric carmaker is now more valuable than GM and Ford combined. Oh, and Tesla lost almost a billion dollars over the past year while GM and Ford made over $10B in profit. Investors care more about future profits, and they think Tesla's e-cars are the future.”

I still don’t get it. You may think it’s the future, but to justify such a valuation over all other car companies which have been operating for years, and who can compete with Tesla, it seems a little extreme IMO.

EDIT: after reading some comments it seems my conclusions might be inaccurate. All I wanted to point out was that the numbers were shocking at first sight.

Re: Tesla Surges Above $500, Leaving Analyst Targets in the Dust

#13

Post by voxic11 »

brenden2 wrote: post #7

How do Tesla owners feel about the quality of their cars? I'm genuinely curious. This is merely an anecdote, but in my experience it seems like the overall quality of similarly priced automobiles from more traditional luxury carmakers is much higher. The only significant advantage of the Tesla is the fact that it's 100% electric. Also, this is merely a subjective personal preference, but I just don't like the style o…

Being 100% electric is a pretty huge advantage, I wouldn't underestimate it. While I don't own a Tesla myself I have only heard good things from people who do.

Re: Tesla Surges Above $500, Leaving Analyst Targets in the Dust

#14

Post by tyfon »

brenden2 wrote: post #7

How do Tesla owners feel about the quality of their cars? I'm genuinely curious. This is merely an anecdote, but in my experience it seems like the overall quality of similarly priced automobiles from more traditional luxury carmakers is much higher. The only significant advantage of the Tesla is the fact that it's 100% electric. Also, this is merely a subjective personal preference, but I just don't like the style o…

I've had a model X long range raven for six months and it's fantastic.

When I bought it I was seriously considering e-tron but it doesn't stack up in features (both inside and in the drive train / battery). The panels might be a mm off some places but there is not a squeak from it when driving and it's very comfortable.

Personally it will take a lot to persuade me to buy another brand in the future.

Edit: forgot about the supercharger network as it's just so natural. That alone makes it worth every penny.

Re: Tesla Surges Above $500, Leaving Analyst Targets in the Dust

#15

Post by lm28469 »

brenden2 wrote: post #7

How do Tesla owners feel about the quality of their cars? I'm genuinely curious. This is merely an anecdote, but in my experience it seems like the overall quality of similarly priced automobiles from more traditional luxury carmakers is much higher. The only significant advantage of the Tesla is the fact that it's 100% electric. Also, this is merely a subjective personal preference, but I just don't like the style o…

As far as I can tell teslas are good cars, but more important than that they are status symbols.

Re: Tesla Surges Above $500, Leaving Analyst Targets in the Dust

#16

Post by slap_shot »

brenden2 wrote: post #7

How do Tesla owners feel about the quality of their cars? I'm genuinely curious. This is merely an anecdote, but in my experience it seems like the overall quality of similarly priced automobiles from more traditional luxury carmakers is much higher. The only significant advantage of the Tesla is the fact that it's 100% electric. Also, this is merely a subjective personal preference, but I just don't like the style o…

I don't own a Tesla but listen to a lot of podcasts that feature car enthusiasts. The reviews are pretty positive across the board. Regarding the cheapness, people almost universally agree the interiors feel cheap at the price you're paying. I sat in one recently and have to agree.

Re: Tesla Surges Above $500, Leaving Analyst Targets in the Dust

#17

Post by pikklemonster »

brenden2 wrote: post #7

How do Tesla owners feel about the quality of their cars? I'm genuinely curious. This is merely an anecdote, but in my experience it seems like the overall quality of similarly priced automobiles from more traditional luxury carmakers is much higher. The only significant advantage of the Tesla is the fact that it's 100% electric. Also, this is merely a subjective personal preference, but I just don't like the style o…

Owner of a 3 (performance, all options) built in July 2018. I was also nervous about build quality. My personal experience has been pretty great, however. Only a minor issue which the mobile repair truck came out and fixed in my company's parking lot. I didn't even have to go to a service center.

Style is all subjective however there is a real minimalist chic to the 3 interior which I have come to love. In my wife's Merc (similar price to what I paid in 2018) things just feel "cluttered." To each it's own, though. Zero regrets and would buy again!

Re: Tesla Surges Above $500, Leaving Analyst Targets in the Dust

#18

Post by stetrain »

brenden2 wrote: post #7

How do Tesla owners feel about the quality of their cars? I'm genuinely curious. This is merely an anecdote, but in my experience it seems like the overall quality of similarly priced automobiles from more traditional luxury carmakers is much higher. The only significant advantage of the Tesla is the fact that it's 100% electric. Also, this is merely a subjective personal preference, but I just don't like the style o…

I agree that basic build quality is probably worse than a similarly priced BMW, Audi, etc.

I haven't had any quality issues with mine but I know if I started measuring panel gaps it won't measure up to others in the price range. Noise insulation at highway speeds, door closing sounds, etc. don't quite measure up with the price either.

Mostly I prefer the simplicity of the vehicle and drivetrain. Alternatives from other companies are getting more complex both in interior (3 touchscreens + buttons + weird electronic shifter knobs) and drivetrain (auto start/stop, hybrid, plugin hybrid, 48v mild hybrid, turbo + supercharger, etc.)

A basic standard un-complicated ICE setup is becoming obsolete due to emissions, fuel economy, and power targets.

The biggest change I would make to the Model 3 design is ditching the frameless windows and using normal door frames which are less complex (no need for the window to move each time you open a door) and easier to seal up.

Re: Tesla Surges Above $500, Leaving Analyst Targets in the Dust

#19

Post by awayfromhomenow »

oliverx0 wrote: post #11

According to Robinhood: “Tesla's stock has jumped 35% over the past month, becoming the most valuable American car company ever. GM and Ford produced a combined 39x as many cars as Tesla did in 2019, but the electric carmaker is now more valuable than GM and Ford combined. Oh, and Tesla lost almost a billion dollars over the past year while GM and Ford made over $10B in profit. Investors care more about future profit…

Everything with humans has a social component. This is a social valuation of Tesla that has nothing to do with the current value of the company. I like Tesla, and hope we go all electric soon, but this is a premature overvaluing of the company (in my opinion).

Re: Tesla Surges Above $500, Leaving Analyst Targets in the Dust

#20

Post by [deleted] »

brenden2 wrote: post #7

How do Tesla owners feel about the quality of their cars? I'm genuinely curious. This is merely an anecdote, but in my experience it seems like the overall quality of similarly priced automobiles from more traditional luxury carmakers is much higher. The only significant advantage of the Tesla is the fact that it's 100% electric. Also, this is merely a subjective personal preference, but I just don't like the style o…

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