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Tesla Surges Above $500, Leaving Analyst Targets in the Dust

bloomberg.com

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Re: Tesla Surges Above $500, Leaving Analyst Targets in the Dust

#131

Post by rcMgD2BwE72F »

nif2ee wrote: post #58

As is the case with Apple, Tesla is a cult and obviously Musk learned from Steve Jobs that cults beat facts, cults create empires and make bad as equal as good and sane people can do nothing about it. That's how the great empires and religions were built in the old days and that's how "great" companies are being built today.

Or: it's just the only company that makes a compelling product line for the biggest global market (energy and auto) while the rest of the industry keep selling fossil fuel and internal combustion engines, both of which are destroying our habitat an ever faster pace.

The cult is believing we can keep marketing ICE cars and pumping CO2 in the atmosphere and still expect to make money. https://i.redd.it/xobkagxotot01.jpg

The market cap of TSLA remains tiny compared to trillions $ of stranded assets of the oil and ICE industry.

Re: Tesla Surges Above $500, Leaving Analyst Targets in the Dust

#132

Post by lottin »

bryanlarsen wrote: post #23
oliverx0 wrote: post #11

According to Robinhood: “Tesla's stock has jumped 35% over the past month, becoming the most valuable American car company ever. GM and Ford produced a combined 39x as many cars as Tesla did in 2019, but the electric carmaker is now more valuable than GM and Ford combined. Oh, and Tesla lost almost a billion dollars over the past year while GM and Ford made over $10B in profit. Investors care more about future profit…

If you google "ford enterprise value" and "tesla enterprise value" you get values of 156B and 86B, respectively. Stockholders are not the only people who have claims on the liquidation value and future profits of a company. Bondholders and pensioners do as well. Market cap != valuation.

Book value = assets - liabilities

Market value = market capitalization

Bondholders have claims on part of the company's assets and these claims reduce the value of the company (that's the liabilities part of the equation).

Pensioners don't have any claims on anything except perhaps on their pension funds if they have one.

Re: Tesla Surges Above $500, Leaving Analyst Targets in the Dust

#133

Post by aodin »

optimiz3 wrote: post #35
oliverx0 wrote: post #11

According to Robinhood: “Tesla's stock has jumped 35% over the past month, becoming the most valuable American car company ever. GM and Ford produced a combined 39x as many cars as Tesla did in 2019, but the electric carmaker is now more valuable than GM and Ford combined. Oh, and Tesla lost almost a billion dollars over the past year while GM and Ford made over $10B in profit. Investors care more about future profit…

> Oh, and Tesla lost almost a billion dollars over the past year How do you know this? Q4 results aren't out.

I assume OP meant "last 4 reported financial quarters":

    2019 Q3   139.48M
    2019 Q2  (702.14M)
    2019 Q1  (408.33M)
    2018 Q4   143.00M
Total of (827.99M) [1]

[1] https://www.marketwatch.com/investing/stock/tsla/financials/...

Re: Tesla Surges Above $500, Leaving Analyst Targets in the Dust

#134

Post by greedo »

ImprovedSilence wrote: post #97
stetrain wrote: post #18

Earlier quoted context omitted.

I agree that basic build quality is probably worse than a similarly priced BMW, Audi, etc. I haven't had any quality issues with mine but I know if I started measuring panel gaps it won't measure up to others in the price range. Noise insulation at highway speeds, door closing sounds, etc. don't quite measure up with the price either. Mostly I prefer the simplicity of the vehicle and drivetrain. Alternatives from oth…

I thought bmw and mercs do the window thing too.

My VW CC has frameless windows that drop a centimeter when you unlock the doors. While I like the look, I think this increases road/wind noise.

Re: Tesla Surges Above $500, Leaving Analyst Targets in the Dust

#135

Post by jansan »

chasd00 wrote: post #112
jansan wrote: post #51

Anyone remember Volkswagen shares at 1000€ in October 2008? This was a textbook example of a shortsqueeze. One German billionaire saw that the share value was at a ridiculous high level, so he shorted it. He was correct, but too early, so he lost all his money and committed suicide. https://ftalphaville.ft.com/2018/10/31/1540962002000/The-day...

"markets can remain irrational longer than you can remain solvent"

That's what I told a friend last summer when he talked about Tesla being the perfect short opportunity. Tesla stock is an extremely hot iron. You can tell by the huge daily swings that it is being played in some way, and as an amateur you are usually the one paying the pros in these scenarios.

Re: Tesla Surges Above $500, Leaving Analyst Targets in the Dust

#136

Post by jmelloy »

SEJeff wrote: post #71
docbrown wrote: post #24

Earlier quoted context omitted.

Tesla has always had body alignment issues since their first attempt, the Model S. It’s honestly quite unfortunate because these models are suppose to be a shiny example of American manual labor pushing out the new luxury model that would set Tesla up to enter the mid level market with a Model 3. Sadly, technological advances, a backlog of orders, and minimal factory space, all contributed to a decline in quality. Do…

The quality on the 3 is fine. I've heard so many panel gap anecdotes and "fit and finish" problem that I was a bit excessive in my inspection of my Model 3 before I took delivery (November 2018). It was fine. There are no quality problems that I've been able to ascertain. The only real kind of weird thing is the polarized glass on the roof turns a really strange but beautiful color when it gets wet. The car drives li…

It looks so weird and cool when it's wet that I wonder if they did it on purpose. It delights strangers who see it the first time.

Re: Tesla Surges Above $500, Leaving Analyst Targets in the Dust

#138

Post by bdamm »

sremani wrote: post #61
sriram_sun wrote: post #25

Earlier quoted context omitted.

Would you invest in Taxi cab companies or App based car rides?

Given the Quarterly losses of App based car rides, there is no cut and dry answer to this. May be this is a right time to buy a Cab company. Because sooner or later - Uber and Lyft want to turn profitable, then there is a margin in certain markets where Taxis will not only be competitive but probably cheaper.

SV companies have made showing losses an art form.

Re: Tesla Surges Above $500, Leaving Analyst Targets in the Dust

#139

Post by tonyedgecombe »

chasd00 wrote: post #106
samsonradu wrote: post #45

Just to provide some context, most indexes and large tech companies are at an all-time-high. It’s not just Tesla ‘doing great’.

that's a good point. At the moment, it's kind of hard for a tech stock symbol to not do great.

Apart from IBM.

Re: Tesla Surges Above $500, Leaving Analyst Targets in the Dust

#140

Post by SnowingXIV »

How close are they to figuring out how to handle holding a battery charge in colder temperatures? A few owners around here I've spoken with have said they are experiencing nearly half the mileage this winter season and it's been a struggle for longer daily commutes. They also need to preheat the battery and some have resorted to using another vehicle.

Been on the fence for a while and since we operate with one car that would troublesome.

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