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Tesla races past $100B in market valuation

reuters.com

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Re: Tesla races past $100B in market valuation

#341

Post by xedeon »

Consultant32452 wrote: post #333
xedeon wrote: post #312

Earlier quoted context omitted.

The KIA EV's are actually not bad for the value. Alas, dealerships are very resistant in selling them. Which is a big shame. Another reason the direct from manufacturer approach works so well for Tesla.

I'm father away from Teslas than that. My Kia is not an EV and I've never bought a new car in my life, always used. Tesla is so compelling to me that I'm jumping from practically one end of the spectrum to the other.

That's a very common theme as well. Excluding the BMW 3 series, Honda Accord, Honda Civic, Toyota Prius, and Nissan Leaf.

Re: Tesla races past $100B in market valuation

#342

Post by smiley1437 »

dcchambers wrote: post #318
smiley1437 wrote: post #307

Earlier quoted context omitted.

I'll bite - what is it about the Cybertruck that doesn't cut it as a truck for you?

- It's the ugliest truck I've ever seen (you can argue that's subjective, sure, but that's my opinion and you asked). I hate the asthetic. It looks like a vehicle from a video game in the N64 era. - The sloped sides of the bed make it impractical for loading stuff in/out. - Have to go to the most expensive tri-motor option to get the most range. Towing capacity on dual-motor is also lower than I would like. - Won't e…

Thanks for the response - I'm not surprised that the looks are what you listed first, - it's amazing the visceral reaction that the design evokes.

Re: Tesla races past $100B in market valuation

#343

Post by JohnJamesRambo »

SergeAx wrote: post #285
JohnJamesRambo wrote: post #241

Earlier quoted context omitted.

Probably less than the combined valuation of GM and Ford when each sells an order of magnitude more cars than Tesla. https://www.goodcarbadcar.net/2019-u-s-auto-sales-figures-by... Even if we consider that a stock valuation indicates what we THINK a company might be worth in the far far future it doesn’t make sense.

This is exactly my point: you are valuing TSLA as a car maker, and I along with the market prefer to value it as tech company.

What is tech about it? Cars and batteries aren’t software you can easily make endless clones of and sell over and over again.

Re: Tesla races past $100B in market valuation

#344

Post by bob33212 »

rb808 wrote: post #250
bob33212 wrote: post #100

Earlier quoted context omitted.

What is crazy is to want to own a internal combustion engine car factory in the future. What happens when electric cars cost less to own and operate than a gas car? How is GM going to retool fast enough to keep up?

Tesla has only been around for 16 years. Given most car companies have a good start already, they should easily replicate what Tesla has done in 5 at most 10 years.

What are they waiting for?

Re: Tesla races past $100B in market valuation

#345

Post by whack »

kgwgk wrote: post #324
whack wrote: post #321

Earlier quoted context omitted.

Do you understand how portfolio management works? You run the risk of losses with any investment you make. If the size of your short position is less than 5% of your portfolio, you still have the other 95% that you can use to cover any temporary losses.

Do we agree that if you had a short position in TSLA which was 5% of your portfolio in May now you have a short position in TSLA which is around 15% of your portfolio? (TSLA has more than tripled, the S&P 500 is up "only" 25%.)

I agree that if you have a short position the size of 5% of your portfolio, and the stock then triples in value, the size of the short position would grow to 15% of your portfolio. What's your point? 15% is still nowhere close to insolvency or forced liquidation. If you're right about Tesla's long-term prospects being abysmal, you would still come out ahead.

Re: Tesla races past $100B in market valuation

#346

Post by rasz »

braythwayt wrote: post #323
shyn3 wrote: post #297

Earlier quoted context omitted.

I might be mistaken but I think the Polestar line is a Hybrid car so that will result in Maintenance for the dealer. I.e. I am unsure if you buy the Polestar 1/2 where do you get it fixed? If you have to get it fixed at Volvo the dealership won't be upset, but then it's not really an electrical car so it's not upending their business model.

The Polestar 1 was a hybrid, the Polestar 2 is pure electric. They have some of their own stores, but I believe these are purely retail. They might be serviced in Volvo dealerships at the moment, I don’t know.

>The Polestar 1 was

Was??? the car reviews are less than ~30 days old and not a single unit has been delivered to customers

" the Polestar 1 will be delivered to customers first, in early 2020"

Re: Tesla races past $100B in market valuation

#347

Post by kgwgk »

whack wrote: post #345
kgwgk wrote: post #324

Earlier quoted context omitted.

Do we agree that if you had a short position in TSLA which was 5% of your portfolio in May now you have a short position in TSLA which is around 15% of your portfolio? (TSLA has more than tripled, the S&P 500 is up "only" 25%.)

I agree that if you have a short position the size of 5% of your portfolio, and the stock then triples in value, the size of the short position would grow to 15% of your portfolio. What's your point? 15% is still nowhere close to insolvency or forced liquidation. If you're right about Tesla's long-term prospects being abysmal, you would still come out ahead.

The point is that 15%>>5%.

If being 15% short is a not-so-good idea, that’s the situation now for people who entered a 5% nothing-to-worry-about short a few months ago.

Should it triple again in the near future, the short would be 45% of the long position (and they would be sitting on a huge unrealized loss).

Being right in the long term is not necessarily enough for a short to be a good investment.

Re: Tesla races past $100B in market valuation

#348

Post by cma »

chasd00 wrote: post #156
beamatronic wrote: post #27

Earlier quoted context omitted.

That’s genius. Create a risk profile for each identifiable vehicle.

yeah but the policy is sold to the driver not the car. You need a risk profile of the driver.

Tax records. Even if you only narrow it to a married couple that is better than not narrowing it down.

Re: Tesla races past $100B in market valuation

#350

Post by chemmail »

nerdkid93 wrote: post #2

I 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…

Well I guess you would still use film then.
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