Danish pension fund to sell its Tesla shares over union dispute
1–10 of 17 posts
Re: Danish pension fund to sell its Tesla shares over union dispute
#2Tesla's market valuation (market cap) is 16x that of GM despite having half the revenue, although with 33% more profit last year.
What is the bull case here? They don't have a monopoly on EVs anywhere anymore. Is Tesla really expected to capture the automobile market?
Re: Danish pension fund to sell its Tesla shares over union dispute
#3Tesla's market valuation (market cap) is 16x that of GM despite having half the revenue, although with 33% more profit last year. What is the bull case here? They don't have a monopoly on EVs anywhere anymore. Is Tesla really expected to capture the automobile market?
they're not a car company and are not saddled with debt
Re: Danish pension fund to sell its Tesla shares over union dispute
#4Tesla's market valuation (market cap) is 16x that of GM despite having half the revenue, although with 33% more profit last year. What is the bull case here? They don't have a monopoly on EVs anywhere anymore. Is Tesla really expected to capture the automobile market?
It's absolutely baffling, their share price already dropped a fair bit but I'd say it's still massively overpriced. How any professional trader can justify holding Tesla shares right now is beyond me. Maybe people are thinking they're going to end up making bank from the supercharger network?
Re: Danish pension fund to sell its Tesla shares over union dispute
#5Tesla's market valuation (market cap) is 16x that of GM despite having half the revenue, although with 33% more profit last year. What is the bull case here? They don't have a monopoly on EVs anywhere anymore. Is Tesla really expected to capture the automobile market?
I think their current valuation is held up by the promise of FSD. If it comes to fruition, it would be huge, but (as a beta fsd user) I don't think they will ever deliver on their promise, and as soon as they admit that I expect the stock price to come back to reality.
Re: Danish pension fund to sell its Tesla shares over union dispute
#6Tesla's market valuation (market cap) is 16x that of GM despite having half the revenue, although with 33% more profit last year. What is the bull case here? They don't have a monopoly on EVs anywhere anymore. Is Tesla really expected to capture the automobile market?
Profits and growth are way more important than revenue.
Google’s revenue is only 2x GM’s, and yet they’re worth almost 100X more.
Re: Danish pension fund to sell its Tesla shares over union dispute
#7Tesla's market valuation (market cap) is 16x that of GM despite having half the revenue, although with 33% more profit last year. What is the bull case here? They don't have a monopoly on EVs anywhere anymore. Is Tesla really expected to capture the automobile market?
As a car company it makes no sense. As a tech company delivering on self driving, robots, etc. Maybe.
If it wasn’t an Elon Musk company, I would say impossible. But his companies have a way of delivering the impossible. So maybe.
Re: Danish pension fund to sell its Tesla shares over union dispute
#8Tesla's market valuation (market cap) is 16x that of GM despite having half the revenue, although with 33% more profit last year. What is the bull case here? They don't have a monopoly on EVs anywhere anymore. Is Tesla really expected to capture the automobile market?
Profits and growth are way more important than revenue. Google’s revenue is only 2x GM’s, and yet they’re worth almost 100X more.
Unfortunately, GM does not sell ads, unlike Google.
Re: Danish pension fund to sell its Tesla shares over union dispute
#9Tesla's market valuation (market cap) is 16x that of GM despite having half the revenue, although with 33% more profit last year. What is the bull case here? They don't have a monopoly on EVs anywhere anymore. Is Tesla really expected to capture the automobile market?
“Tesla Inc.’s most recent quarterly vehicle production volume came to 430,500 units”
“GM Sold Over 20,000 EVs In Q3 In US, But Growth Disappoints”
One is not like the other. One has ~$120B in debt, one does not. One can rely on more gov’t bailouts while the pther is not likely to need them.
https://www.statista.com/statistics/715421/tesla-quarterly-v... https://insideevs.com/news/689723/us-general-motors-bev-sale...
Re: Danish pension fund to sell its Tesla shares over union dispute
#10Tesla's market valuation (market cap) is 16x that of GM despite having half the revenue, although with 33% more profit last year. What is the bull case here? They don't have a monopoly on EVs anywhere anymore. Is Tesla really expected to capture the automobile market?
Tesla outlook is not good. Main growth for them is basically automobile going EV where they have monopoly and they are energy supplier thru dominating battery tech. For EVs, they are able to dominate because other big ones like GM, Ford, Toyota havnt really going into EV market. In next 5 years every car manufacturers will be releasing their EV models and they have vastly superior production know-how compare to Tedla. Think Tesla like Blockbusters before Netflix HBO and Disney+ joining in. Cost of production of their EVs are no where cheaper than majority of EV manufacturers in Asia. Take BYD for example, they absolutely dominate China. In China, EV buses are a common thing. Meanwhile Tesla still struggling to make their cybertruck. Also a big growth is people believe Elon is at the forefront of selfdriving. If you dig down Tesla incidents worldwide on mysterious crashes, Uber would look like golden boy on that front. Then on battery tech, Tesla is literally the new Solyndra. Chinese market on battery tech now is at a stage no subsidies needed and production both quantity and quality exceed even Korean and Japamese manufacturing. Meanwhile everyone talking about Tesla S only getting half subsidies. I dont see how Tesla able to compete on that front even if they miraculously have German and Swedish quality next year. Remember Lehman Brothers, Citibank have their peak about 2 years before their permanent crash. Tesla is widely known to be overvalued. You want to sell it to the next suckers believing it will worth more before that suckers realized it is not. Danish did the right thing to get rid of Tesla. The only thing really worth some consideration is Elon making X as western Wechat with builtin Amazon+Uber+banking sub-apps in. That remain to be seen. In the meantime I put money into MS and AMD as they are a bit undervalue when you consider they have dominating asset in AI.