Tesla Financial Results 2019 Q4

Post by reitzensteinm » Thu, Jan 30, 2020, 8:42 AM UTC

grecy wrote: post #242

hyperbovine wrote: post #226

Earlier quoted context omitted.

The argument is not that no car maker deserves to be valued at $XXX billion. It's that Tesla, which produced around ~1/30th the number of autos as Toyota last year, probably shouldn't have a market cap that's anywhere near Toyota's.

I think your mistake is in assuming that Tesla only makes cars, and the number of them they make is the only factor that goes into their valuation. They also have the world's biggest charging network, storage solutions, solar solutions and produce more batteries than virtually everyone else combined. Mercedes actually just put out a press release that said they can't build enough electric cars because they can't buil…

Post by nickik » Thu, Jan 30, 2020, 9:25 AM UTC

philwelch wrote: post #271

nexuist wrote: post #258

Earlier quoted context omitted.

>the fact that they look like normal cars This was my first thought during the Cybertruck unveil. It no longer looks like a normal truck. Rivian was far out originally, but this blew it out the park. So the question is really, would people want an electric pickup truck that looks like nothing before it? I'm leaning towards yes, but we have to wait for the market to make its choice to find out for sure.

Cybertruck is going to be an Edsel-type blunder if they keep pursuing it. It’s obvious that Elon is a car guy because the Tesla cars all look slick and sporty but he’s obviously not a truck guy and I think he’s utterly misunderstood the market with Cybertruck.

Post by jonplackett » Thu, Jan 30, 2020, 9:37 AM UTC

philwelch wrote: post #270

Sohcahtoa82 wrote: post #162

Earlier quoted context omitted.

Other car manufacturers are missing what makes Tesla do so well. It's a lot of things, really. Range, performance, the hope of self-driving, the supercharging network (Which is much bigger than people think!), and of course, the fact that they look like normal cars. Most other EVs like the Leaf are either incredibly lacking in range and performance, or they're incredibly ugly like the BMW i3. Then you've got cars lik…

> Range, performance, the hope of self-driving, the supercharging network (Which is much bigger than people think!), and of course, the fact that they look like normal cars. The self-driving bit is a risk either way, but I think Tesla is dangerously close to losing out on both the “looking like a normal car” and potentially the performance factor if they’re serious about Cybertruck.

Post by jonplackett » Thu, Jan 30, 2020, 9:48 AM UTC

ninth_ant wrote: post #199

40acres wrote: post #109

The bull case for Tesla is clear. Aside from Nissan with the Leaf, who recently loss their galvanizing CEO and who's market cap has tanked since, what major automaker has anywhere near the success of Tesla with EV? No doubt execution has been an issue in the past, but recent sales trends, completion of gigafactory, and Chinese expansion show that they are on the right trend. Tesla's were confined to the luxury market…

What you describe would be the “bull case” dozens of billions in valuation ago. Right now we are quite disconnected from that, in my analysis. To justify their current valuation, the “bull case” is for them to dominate the entire automative industry (not just the EV segment) and do an Amazon-like turnaround of losses into profitability. Anything short of that, their valuation is ludicrous.

Post by lazyjones » Thu, Jan 30, 2020, 10:18 AM UTC

xkjkls wrote: post #144

40acres wrote: post #109

The bull case for Tesla is clear. Aside from Nissan with the Leaf, who recently loss their galvanizing CEO and who's market cap has tanked since, what major automaker has anywhere near the success of Tesla with EV? No doubt execution has been an issue in the past, but recent sales trends, completion of gigafactory, and Chinese expansion show that they are on the right trend. Tesla's were confined to the luxury market…

Tesla still lost $800 million this year and has never had a profitable year, on both record car sales and record regulatory credit sales. What about that indicates sustainability?