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Panasonic sells its $3.6B Tesla stake

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Re: Panasonic sells its $3.6B Tesla stake

#51
post #16

.... 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.

Dumping is half of pump and dump. Which if you do it right is making a profit. (I don't think this trade is pump and dump, just arguing usage with a commonly used term)

Re: Panasonic sells its $3.6B Tesla stake

#52

It 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.

Just look at Norway and the Netherlands which seem to have a 2-3 year lead on EV adoption. Volkswagen brands have already surpassed Tesla sales there. Tesla makes a terrific product and they single handedly provoked that change we are seeing now. However, the German and Korean brands make great cars too. Given the choice I would trade good build quality, some more physical buttons and a quiet cabin at highway speeds for Teslas ride and futuristic infotainment on most days.

Re: Panasonic sells its $3.6B Tesla stake

#53

It 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

Lets add PE Ratios as of last Friday 24 June ....

Tesla: 674.98 ( !!!)

Volkswagen: 12.70

Daimler/Mercedes: 10.43

Ford: 15.52

Re: Panasonic sells its $3.6B Tesla stake

#54

It 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

comps are very simplistic way to value companies. in this case, your comparing apples to oranges. for starters, tesla is highly vertically integrated. so it doesn't really make sense. you would need to comp tesla to the auto supply chain. they make their own seats, speakers, driving assist programs, glass, they stamp their own metal, paint their own cars. They have their own chargers, service centers and do all their sales directly without a dealership network. All the companies you have listed outsource these tasks. Furthermore, they have an energy business, auto insurance, etc.

dcf models are the best way to think about valuing a company.

Re: Panasonic sells its $3.6B Tesla stake

#55
post #22

>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?

They are primarily in supply chain management. Given the current issues worldwide with supply chain disruption, this seems like a prescient acquisition.

Re: Panasonic sells its $3.6B Tesla stake

#56

It 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.

Tesla has a lead now, but can it keep it?

Re: Panasonic sells its $3.6B Tesla stake

#57
post #16

.... 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.

Dumping a winning trade is still dumping.

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

#58
post #26

Earlier 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…

That article you linked to isn't saying what you think it is.

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

#59
post #39

Earlier 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…

I own both a Audi e-Tron and Tesla Model Y (well, it’s the wife’s but you get the idea.) Taking a road trip in the Audi is all but out of the question because of how awful the charging infrastructure is. That is not say nothing in regards to the litany of design flaws, poor consumption, and miserable dealer support with the Audi.

Tesla is easily 10-15 years ahead of all other manufacturers.

Re: Panasonic sells its $3.6B Tesla stake

#60

It 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

TSLA is a battery company. Autos are just the means to and end.

Their market cap represents how well they are positioned to capitalize on the end of Fossil Fuel Age.

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