Tesla (TSLA) surpasses BMW's valuation as one soars and the other slips

Post by _Codemonkeyism » Fri, Nov 09, 2018, 3:11 PM UTC

MuffinFlavored wrote: post #96

_Codemonkeyism wrote: post #70

Earlier quoted context omitted.

Let me google that for you: https://www.google.com/search?q=cars+no+longer+status+symbol https://www.google.com/search?q=iphones%20have%20cars%20stat...

You are literally talking to somebody born in the 90s that 1,000% sees cars as a status symbol, and all of my friends do too. If we see a modern Rolls Royce, Lamborghini, Ferrari, or McLaren, we all pay mental respect to the owner/driver because we know what depreciation + upkeep cost for that driver. A $15/hr call center rep leasing a $27/mo $699 iPhone for 18 months is so far from the scale of $300k supercar that i…

"[...] physically angry to have to write back to this"

Post by rcMgD2BwE72F » Wed, Nov 14, 2018, 2:12 PM UTC

ckastner wrote: post #10

BMW reported profits of €8.7bn for the year 2017. [1] Tesla stockholders must be very, very optimistic about its future performance when they value Tesla more than an already established, immensely profitable player. [1] https://phys.org/news/2018-03-bmw-net-profit-bn-euros.html

Elon Musk has said repeatedly that the energy side of the business will grow faster and exceed the size of its car business.

Many stockholders bet on this – given the multiyear advance over its competitors in both EV and battery production. They expect Tesla to combine the sales of a large car and truck manufacturer, but also of the equivalent of a global car dealer network, of an oil and gas company, a power distribution company, a roof manufacturer and installer, a P2P car renting company, an automated on-demand transportation & logistics company, etc.

Other car manufacturers only manufacture and sell cars.

Apple didn't stop at the iPod, obviously.

Re: Tesla (TSLA) surpasses BMW's valuation as one soars and the other slips

Re: Tesla (TSLA) surpasses BMW's valuation as one soars and the other slips