That's a great thread
https://progardenreviews.com/best-self-propelled-lawn-mowers...
Tesla races past $100B in market valuation
31–40 of 360 posts
Re: Tesla races past $100B in market valuation
#32Re: Tesla races past $100B in market valuation
#33I for the life of me cannot figure out what could possibly justify this valuation for Tesla. Sure, their cars are pretty great, they have a ravid fanbase, and they have a pretty entertaining CEO who excels at driving interest in the company. They would need to execute perfectly and deliver more cars to customers than Volkswagen in a few years to justify such a valuation right now, and I just don't see that happening…
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Re: Tesla races past $100B in market valuation
#34I for the life of me cannot figure out what could possibly justify this valuation for Tesla. Sure, their cars are pretty great, they have a ravid fanbase, and they have a pretty entertaining CEO who excels at driving interest in the company. They would need to execute perfectly and deliver more cars to customers than Volkswagen in a few years to justify such a valuation right now, and I just don't see that happening…
Software magic. The same reason Apple is valued more than Nokia in 2008, even though Nokia sold many more phones. Once you have software, you can do magical things like upgrading the car’s capabilities, create an eco system for various apps allowing the car to slowly creep into your life. Imagine someday using your car as a backup battery for your home, now, who wouldn’t want that? Allow refueling at hours of day when electricity is cheaper.
It’s the story we have mostly seen before. Software adds a new dimension to existing solutions and decimates the competitors, because they can’t compete in that dimension.
Re: Tesla races past $100B in market valuation
#35The biggest advantage they have is their supercharging network. Every manufacturer is focusing on ADAS and electric cars but no one is focusing on the network. That is their biggest advantage and the only reason to buy a Tesla, granted their cars are great but without the network it’s just an expensive commute car.
Re: Tesla races past $100B in market valuation
#36I for the life of me cannot figure out what could possibly justify this valuation for Tesla. Sure, their cars are pretty great, they have a ravid fanbase, and they have a pretty entertaining CEO who excels at driving interest in the company. They would need to execute perfectly and deliver more cars to customers than Volkswagen in a few years to justify such a valuation right now, and I just don't see that happening…
Because it isn’t just cars. It’s energy infrastructure.
Battery plants, storage, charging stations, solar roofs, AND personal transportation.
Aristocrats are humans and get the environment thing is real. They’re talking about Tesla in a way we can’t see.
We live in a managed society from an information perspective. Think about security in IT? The entire premise is no one has all the details at any one time.
Do you really believe they’re discussing just car sales with what he’s been building?
Re: Tesla races past $100B in market valuation
#37I for the life of me cannot figure out what could possibly justify this valuation for Tesla. Sure, their cars are pretty great, they have a ravid fanbase, and they have a pretty entertaining CEO who excels at driving interest in the company. They would need to execute perfectly and deliver more cars to customers than Volkswagen in a few years to justify such a valuation right now, and I just don't see that happening…
Maybe this is just what the top of bubbles feels like. I can’t explain the stock price either, other than human irrational exuberance.
There's also TA bots. Both algorithmic and human traders who will eschew a stock at $280 but consider it a buy at $430 because it crossed some magical technical level, without anything fundamental having changed about the underlying company.
These traders tend to conduct the opposite of the value strategy, often buying all-time highs for no other reason than it hit an all time high.
Re: Tesla races past $100B in market valuation
#38I for the life of me cannot figure out what could possibly justify this valuation for Tesla. Sure, their cars are pretty great, they have a ravid fanbase, and they have a pretty entertaining CEO who excels at driving interest in the company. They would need to execute perfectly and deliver more cars to customers than Volkswagen in a few years to justify such a valuation right now, and I just don't see that happening…
> I for the life of me cannot figure out what could possibly justify this valuation for Tesla.
Tesla is innovative, and they deserve praise.
That said: finance is prone to bubbles and animal spirits. At one point investors will understand that old producers like FCA or Ford sell better, produce more and innovate in a prudent way. Tesla bubble will pop, and their valuation will get more realistic.
Re: Tesla races past $100B in market valuation
#39I for the life of me cannot figure out what could possibly justify this valuation for Tesla. Sure, their cars are pretty great, they have a ravid fanbase, and they have a pretty entertaining CEO who excels at driving interest in the company. They would need to execute perfectly and deliver more cars to customers than Volkswagen in a few years to justify such a valuation right now, and I just don't see that happening…
It's also hard to reconcile this valuation with the practice of making it easy to fat-finger a $4,000 non-refundable purchase in their mobile application. Do they need to go back and hit up their existing customers for more money? https://twitter.com/tedstein/status/1219406746868953088
That upgrade process on the app is a three step-process when two confirmations. That's not including unlocking a phone, opening the Tesla app and selecting the upgrades menu...
Quite impossible to "fat-finger" it.
Re: Tesla races past $100B in market valuation
#40I don't know how to value a stock, but after riding in my friend's Tesla a few times on road trips. I seriously doubt I'll buy a ICE car ever again unless for specific purposes (mini-van). I know 10 people who owns Tesla, the 6 or so friends I've spoken about it feel the same way as I do. If this keeps up, I think Tesla's stock price is under valued.