.... making almost $3B in profit. edit: in perpective - they owned about 0.55% of Tesla. Selling their share nets Panasonic a windfall thats worth about 10% of their own $27.7B market cap.
Yeah "dumping" a winning trade isn't dumping. It's taking profits to move onto other investments.
Panasonic sells its $3.6B Tesla stake
51–60 of 185 posts
Re: Panasonic sells its $3.6B Tesla stake
#52It seems like a smart decision once you look at car companies' market caps: Tesla: $651 B Toyota: $288 B Volkswagen: $152 B Daimler / Mercedes: $99 B Ford: $60 B
People said this 3 years ago too, arguing Tesla was too big. guess what: it got way bigger. Tesla is forcing other brands to have to adapt or die. They are way behind Tesla in technology, infrastructure, and marketshare for electric vehicle and battery tech.
Re: Panasonic sells its $3.6B Tesla stake
#53It seems like a smart decision once you look at car companies' market caps: Tesla: $651 B Toyota: $288 B Volkswagen: $152 B Daimler / Mercedes: $99 B Ford: $60 B
Tesla: 674.98 ( !!!)
Volkswagen: 12.70
Daimler/Mercedes: 10.43
Ford: 15.52
Re: Panasonic sells its $3.6B Tesla stake
#54It seems like a smart decision once you look at car companies' market caps: Tesla: $651 B Toyota: $288 B Volkswagen: $152 B Daimler / Mercedes: $99 B Ford: $60 B
dcf models are the best way to think about valuing a company.
Re: Panasonic sells its $3.6B Tesla stake
#55>The move provides the Japanese firm with billions of cash to support new strategic initiatives, such as the $7.1 billion purchase of Blue Yonder ...what the hell is Blue Yonder, and why would Panasonic want it?
Re: Panasonic sells its $3.6B Tesla stake
#56It seems like a smart decision once you look at car companies' market caps: Tesla: $651 B Toyota: $288 B Volkswagen: $152 B Daimler / Mercedes: $99 B Ford: $60 B
People said this 3 years ago too, arguing Tesla was too big. guess what: it got way bigger. Tesla is forcing other brands to have to adapt or die. They are way behind Tesla in technology, infrastructure, and marketshare for electric vehicle and battery tech.
Re: Panasonic sells its $3.6B Tesla stake
#57.... making almost $3B in profit. edit: in perpective - they owned about 0.55% of Tesla. Selling their share nets Panasonic a windfall thats worth about 10% of their own $27.7B market cap.
Yeah "dumping" a winning trade isn't dumping. It's taking profits to move onto other investments.
It means you think you have won as much as there was to be won and you now have better uses for the money. This suggest you believe the stock is no longer as wortwhile as some alternative.
Re: Panasonic sells its $3.6B Tesla stake
#58Earlier quoted context omitted.
People said this 3 years ago too, arguing Tesla was too big. guess what: it got way bigger. Tesla is forcing other brands to have to adapt or die. They are way behind Tesla in technology, infrastructure, and marketshare for electric vehicle and battery tech.
Tesla MARKET VALUATION has grown like crazy, but their sales and profits are lagging behind. And you're wrong: Tesla might have an advantage in infrastructure (Supercharges) but their technology is not far ahead of others, and their market share is falling down (at least in Europe). Also: Tesla is planning to open up their chargers network to other cars [1]. So either they have a plan to ditch car manufacturing and f…
I specifically would like to see the superchargers opened up to all vehicles as well, but the details of the article state that they are only doing this in very select locations/markets, and primarily focused on those which were built with government subsidies.
We are not likely to see the vast majority of the Tesla charger locations opened up to other brands for a while, and that may come via regulation.
Re: Panasonic sells its $3.6B Tesla stake
#59Earlier quoted context omitted.
> it got way bigger. It's still unclear whether this is due to fundamentals like the ones you mention, or just an irrational stock market. Now that more and more companies are coming out with their EVs, the truth might become clearer.
As a recent owner of a model 3, I've been blown away by the charging infrastructure advantage. The non-Tesla chargers near me in Colorado are just plain garbage. Sometimes, they work great, but other days I go back and the terminal won't function. And currently, these chargers are all the owners of non-Tesla EVs have. I'm actually surprised there isn't a legal push by Congress to force Tesla to open up their charging…
Tesla is easily 10-15 years ahead of all other manufacturers.
Re: Panasonic sells its $3.6B Tesla stake
#60It seems like a smart decision once you look at car companies' market caps: Tesla: $651 B Toyota: $288 B Volkswagen: $152 B Daimler / Mercedes: $99 B Ford: $60 B
Their market cap represents how well they are positioned to capitalize on the end of Fossil Fuel Age.