Hacker News Board Hacker News, browsed like a classic message board
Live data from Hacker News

AMD passes Intel in market cap

cnbc.com

Post reply on HN
Print view View original

111–120 of 221 posts

Re: AMD passes Intel in market cap

#111

Post by running101 »

jongjong wrote: post #84

I had invested in AMD when Lisa Su took over as CEO. I had been keeping tabs on the company for some time. Unfortunately I needed money to cover my basic living expenses and had to sell all my shares about a year later. Even at the time, it was painful because I had spent a lot of time researching AMD and I was very optimistic about Lisa Su based on her background and her tenacity. I could have made maybe 20x on my i…

I am still invested. I only got in like 1 or 2 years ago. Kind of think I should put more in.

Re: AMD passes Intel in market cap

#112

Post by enragedcacti »

tyree731 wrote: post #107
itsoktocry wrote: post #59

Earlier quoted context omitted.

> The top ten automakers have huge amounts of debt They have huge amounts of debt because they run huge financing departments and therefore also have a huge number of assets on the balance sheet. > Their gross margin on cars is the highest in the industry. They have a completely different sales model, so it's apples to oranges. Most OEMs wholesale cars to dealers, of course those margins will be smaller. > Tesla has…

> They have a completely different sales model, so it's apples to oranges. Most OEMs wholesale cars to dealers, of course those margins will be smaller. Well yes, but they've been successful with this sales model, and sell cars all the same, so that makes them more valuable in comparison.

There are a lot of costs to operating a service center and managing customer deliveries that aren't necessarily considered in gross margins for Tesla whereas they are considered in the case of a traditional automaker in a dealership model. I wouldn't be surprised if Tesla still has an advantage compared to manufacturer+dealer but we won't learn that from comparing vehicle margins directly.

There's also a lot of super weird dealer kickbacks behind the scenes that can make gross margin misleading for traditional autos, probably in Tesla's favor.

Re: AMD passes Intel in market cap

#113

Post by daveidol »

spullara wrote: post #95
asdajksah2123 wrote: post #92

Earlier quoted context omitted.

Tesla is still making poor quality cars. No other car I've seen spends as much time in repairs as Teslas do.

You've never owned a BMW then.

Modern BMWs are actually quite reliable - just expensive to repair.

Re: AMD passes Intel in market cap

#115

Post by bhouston »

I think this may be the top out for AMD at least in terms of market share and revenue. The next gen of ARM and RISC-V is the future, especially if they as well can apply chipsets to their CPUs as well.

Re: AMD passes Intel in market cap

#117

Post by diydsp »

anony999 wrote: post #82
mg wrote: post #69

Earlier quoted context omitted.

I heard the same arguments when Apple had a hit with the iPhone. The high end of the market is saturated, and soon the competition would bring down the prices. But the price of the iPhone continued to go up. It never stopped going up. Because it continued to offer more and more value. People already see some value in Teslas self-driving technology. And that value will continue to go up for a long time.

>> People already see some value in Teslas self-driving technology. And that value will continue to go up for a long time. Up to the point where you tell your car "Hey, go get me a pizza". You are aware that real self driving(L5) is not possible without some AI breakthroughs, right? All the promises you see from Elon are just pure BS. Your tesla has issues seeing a big truck straight in front of the driver lane so yo…

> Tesla software/user experience is not significantly better than a dumb car with carplay or just an ipad fixed on boar

That's only part of it. It also includes the prestige and social cache. Once upon a time, apple was the same. Me, i don't care, but all the fancy ppl around me, the multi generational wealthy and boomers, can't get enough Teslas. That desire for luxury may wax like apple... or the coming recession may sponch it.

Re: AMD passes Intel in market cap

#118

Post by sbf501 »

avmich wrote: post #78
sbf501 wrote: post #74

Earlier quoted context omitted.

This is implicit when understanding market cap. Market cap means yes, a certain number of people willing to buy Tesla believe it is worth the combined cap of the next 10 auto makers. It doesn't matter if that is right or wrong, all that matters is that stock traders believe it. If they didn't, the stock wouldn't be that price. That is literally how the stock market / market cap works: if someone will buy it at that p…

> and he likes luxury I would argue otherwise, his movement in the recent past showing.

I'll bite: what is your argument?

Re: AMD passes Intel in market cap

#119

Post by parkingrift »

bryanlarsen wrote: post #106
parkingrift wrote: post #77

Earlier quoted context omitted.

I doubt that Tesla can continue to grow 50% YoY as soon as 2023. The Model S, X, and Y are extremely expensive compared to the competition. I’m in the market for an electric SUV right now. The Kia EV6 and Hyundai Ioniq 5 both seem legitimately better than the Model Y, and they are substantially less expensive. The Model Y AWD Long Range is $68,000. The Ioniq 5 SEL is $52,000. Tesla has historically never had to compe…

Tesla has a 20% margin and are still bringing online many measures to drastically reduce their costs. The complexity reduction in the upcoming Model Y's with dual gigacasts and batteries is massive. If they have to compete on price, they will. They know price competition is coming and are planning for it. Mass market was in their long term plan from day one. But they won't lower their price until they're forced too.…

>Tesla has a 20% margin and are still bringing online many measures to drastically reduce their costs.

Hard to take this seriously when Tesla has raised their prices multiple times over the past 18 months. Their margins aren't increasing, just their prices.

Re: AMD passes Intel in market cap

#120

Post by 7952 »

svara wrote: post #55
theropost wrote: post #30

Earlier quoted context omitted.

Yes, people think Tesla is more valuable than the other car markets combined. I honestly don't see the ICE manufacturers really having an edge when it comes to the future of transportation. If anything, I see them having a huge liability - that is a large workforce to reskill, pensions to pay, antiquitated plants to upgrade/maintain, old supply chains to wind down, new supply chains to wind up - if anything, newer en…

Maybe some people think that, but sometimes people are deluded or simply are investing based on the greater fool theory. The latter reason means that even the market as a whole might not actually believe in the current market cap, in the long term. I'm personally super skeptical of this market cap. I've been renting a Tesla Model 3 the last couple weeks. It's an awesome car that I would recommend to anyone. When you…

I think you are overestimating the rationality of car customers. Legacy car companies have been pulling a slight of hand for years. Build an aspirational dynamic brand that delivers compromised products that hurt the customer. People will become financially and emotionally invested and then you have them. The long lasting metal seal can be replaced with plastic. Safe emissions can be replaced with a defeat device. And practical small cars can be replaced with city cars that are too small for a stroller/pram. Brilliant!
Post reply on HN