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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

#311

Post by grey-area »

kgwgk wrote: post #278
dougmany wrote: post #211

Earlier quoted context omitted.

from that link: >“We are encouraged by Tesla’s execution and think it deserves to be among the world’s most valuable auto companies, and is perhaps the most important auto company in the world given its EV leadership. However, we think investors will be presented with more attractive opportunities to own the stock in the future,” Jonas said. It's that "opportunities to own the stock in the future part" that got me. P…

> Tesla has gotten big enough so it is pretty unlikely to fail. Customers love the product, there are several "it is the future" features. People want to own a part of that. Wasn't that also true eight months ago? The stock was trading then at $180 rather than $590.

The market is often irrational and inefficient.

Re: Tesla races past $100B in market valuation

#312

Post by xedeon »

Consultant32452 wrote: post #304
cs702 wrote: post #228

Earlier quoted context omitted.

It's a common enough story. I myself have quite a few friends and acquaintances who are in your camp, including a handful of bleeding-edge adopters who bought model S's seven years ago and suffered through some of the company's growing pains. The difference now, I think, is that the people who are switching to Teslas are not early adopters.

I'm not an early adopter. I currently drive a Kia. I'm buying a cybertruck. Just thought I'd give an anecdote that's not switching from the luxury market.

The KIA EV's are actually not bad for the value. Alas, dealerships are very resistant in selling them. Which is a big shame. Another reason the direct from manufacturer approach works so well for Tesla.

Re: Tesla races past $100B in market valuation

#313

Post by rhlsthrm »

nicoburns wrote: post #89
ec109685 wrote: post #82

Earlier quoted context omitted.

One thing Tesla doesn’t have is the lock in that Apple has. If you are using iPhoto, iWatch and iMessage, switching to another manufacturer is hugely disruptive. I totally agree that Tesla’s software chops are light years ahead.

Do most apple hardware users use those apps? I'd imagine at least as many if not more use google photos + whatsapp or facebook messenger.

Everyone uses iMessage in the US unless they are talking to people overseas. My friends group gets upset anytime someone isn't on iOS because the messages turn green.

Re: Tesla races past $100B in market valuation

#314

Post by dcchambers »

_Microft wrote: post #224
dcchambers wrote: post #204

I am ready for an electric vehicle - but I can't get over how much I dislike the interior of the Model 3 and Y. I hate the single-giant-touchscreen interface they have settled on. I get it, it's cheap for them to produce and it looks 'futuristic.' I firmly believe physical knobs and buttons are better for most things in a car. The Model S and Model X are better, but they're pretty much out of my price range. I also w…

I'm convinced that the Model 3 interior is already designed for a self-driving future. The screen is meant to show movies not gauges.

I agre with you - but after seeing the progress of self-driving vehicles over the last few years, I think we're still many years away from 100% hands-off, sleep-in-the-back-seat self-driving vehicles.

It's been a very quick ramp up to 90% self-driving capability, but the last 10% is going to take a lot longer than people realize.

Re: Tesla races past $100B in market valuation

#315

Post by xedeon »

WBrad wrote: post #290
xedeon wrote: post #138

Earlier quoted context omitted.

You mean the $451.8M Department of Energy loan they used to buy the old NUMMI Toyata plant? Yeah.... They paid that off nine years early with interest. Try again. https://www.tesla.com/blog/tesla-repays-department-energy-lo... Meanwhile, why don't we talk about the GM bailout money? If you can cite a source for the "billions" you mentioned, that would be great to read, since I must've missed that one.

Keep in mind I said "Elon's companies", not "Tesla" $4.9 Billion in subsidies as of 2015 across 3 companies https://www.latimes.com/business/la-fi-hy-musk-subsidies-201... We can talk about Gm if you want but I don't see how its relevant to my original point. Are there gas stations where only GM cars can fill up?

Again, that article is inferring that Solar and BEV (Alternative fuel and Energy Source) sales equates to Elon getting government money.

Everything that generates a receipt or purchase order when dealing with the U.S. government is a publicly available record and can be requested via the FOIA act (Just like the DEO grant).

Did you notice how none of that where presented in the article you linked?

Re: Tesla races past $100B in market valuation

#317

Post by devtul »

charliemil4 wrote: post #230
donogh wrote: post #53

Earlier quoted context omitted.

Tesla is the Apple of the auto industry. They are getting stellar customer satisfaction ratings, which is translating into brand loyalty[1]. They've built an ecosystem between their above-average EV hardware, industry-leading software (with frequent improvements), and a top-notch charging network. I can see some automakers matching them on hardware, but they have a huge lead in software. Traditional car manufacturers…

On the surface, 'user experience' is a good starting point to align Tesla with Apple. However, I look at the underlying product / service being offered to see if their trajectories should strongly correlate, and when analyzing this way they have significant differences in addressing their core product - which means the Apple - Tesla narrative should not be the defacto response. Here's what I mean: Apple has always be…

Self-driving cars wouldn't be a faster horse, but a carriage for everyone type deal. At least if we manage to overcome the limitation of needing the driver to be paying attention to the road, even when the car is in auto.

Re: Tesla races past $100B in market valuation

#318

Post by dcchambers »

smiley1437 wrote: post #307
dcchambers wrote: post #204

I am ready for an electric vehicle - but I can't get over how much I dislike the interior of the Model 3 and Y. I hate the single-giant-touchscreen interface they have settled on. I get it, it's cheap for them to produce and it looks 'futuristic.' I firmly believe physical knobs and buttons are better for most things in a car. The Model S and Model X are better, but they're pretty much out of my price range. I also w…

I'll bite - what is it about the Cybertruck that doesn't cut it as a truck for you?

- It's the ugliest truck I've ever seen (you can argue that's subjective, sure, but that's my opinion and you asked). I hate the asthetic. It looks like a vehicle from a video game in the N64 era.

- The sloped sides of the bed make it impractical for loading stuff in/out.

- Have to go to the most expensive tri-motor option to get the most range. Towing capacity on dual-motor is also lower than I would like.

- Won't ever see production in its current form anyway because certain features aren't legal/probably never will be. Crumple zones exist for a reason - it's not a good idea to send everyone out there on public roads in a tank with a regular driver license.

- Tesla also compares it to other 1/2 Ton pickups (F-150, Silverado 1500, etc) but it's almost certainly in the next class up, the 3/4 Ton F-250, 2500, etc based on its weight, size, and price. When you compare it to those vehicles the capabilities are much less impressive.

--

Don't take my complaints the wrong way. I do want a Tesla Truck. I just don't want this Tesla Truck. Give me one that has the style of the Rivian and I'm in. https://rivian.com/r1t/

Re: Tesla races past $100B in market valuation

#319

Post by onlyrealcuzzo »

SpicyLemonZest wrote: post #269
onlyrealcuzzo wrote: post #141

Earlier quoted context omitted.

Most of Apple's profits -- as of a few years ago -- came from iPhone sales. I'm pretty sure this is still true. In ~2015, the iPhone had a 63% margin. It looks like the company as a whole averages a ~40% gross margin [1]. Tesla's appears to be closer to ~15%, with many highly negative quarters [2]. Of course, net income to revenue is probably more important to look at in this case. Apple's is consistently above ~20%.…

I don’t follow. Why must people think that Tesla will be worth 10 times its current value? The pro-Tesla argument I’ve typically seen is that they’ve already demonstrated they’re better than other manufacturers and it’s just a matter of cleaning up their production pipeline. Have you seen anyone in particular argue that Tesla will be valued at $1T in 2030?

I have seen several "bulls" peering into their magic eight balls and predicting trillion dollars valuations for Tesla (and SpaceX) on CNBC.

Here's one: https://www.cnbc.com/video/2018/10/02/ron-baron-tesla-could-...

Google "Tesla Trillion Dollar Company" and you can find dozens of predictions.

Re: Tesla races past $100B in market valuation

#320

Post by yread »

aynyc wrote: post #40

I don't know how to value a stock, but after riding in my friend's Tesla a few times on road trips. I seriously doubt I'll buy a ICE car ever again unless for specific purposes (mini-van). I know 10 people who owns Tesla, the 6 or so friends I've spoken about it feel the same way as I do. If this keeps up, I think Tesla's stock price is under valued.

I took a ride in plenty of Model Ss and Model Xs - here in Amsterdam they are often used as taxis. And compared to the highend Mercedes it just felt so ruggedy, rattly bumpy ride. When I close the door it felt like the window is going to fall out. 2 of the Ss had this wheezing sound when they accelerated and I asked one of the taxi drivers why is that - apparently fixing it would cost about the same as the car itself.

Disclaimer: I don't drive myself and I was trained to close the doors on grandpas Skoda so I might be doing it too assertively

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