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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

#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 for quite some time.

Re: Tesla races past $100B in market valuation

#4

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…

Maybe this is just what the top of bubbles feels like. I can’t explain the stock price either, other than human irrational exuberance.

Re: Tesla races past $100B in market valuation

#5
All the people who had the balls to sell TSLA short have already gotten hurt in the come-up, and although everyone thinks this market as a whole is going to correct soon, nobody wants to take the risk of calling a top.

So yeah, expect the name with 14%+ short interest to keep rallying in this market, for the near term.

One thing I do wonder about is how the roll-off of tax credits will affect their US sales.

Re: Tesla races past $100B in market valuation

#7

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…

[deleted]

Re: Tesla races past $100B in market valuation

#8

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…

It's also hard to reconcile this valuation with the practice of making it easy to fat-finger a $4,000 non-refundable purchase in their mobile application. Do they need to go back and hit up their existing customers for more money?

https://twitter.com/tedstein/status/1219406746868953088

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