Car firm values

[Lost ranger]

Values by market capitalisation

BMW $64bn
Ford $57bn
GM $58bn
Mercedes $69bn
VW $106bn
Toyota $241bn
Tesla $897bn.

[ChocolateFrog]

Lost ranger said:

Values by market capitalisation

BMW $64bn
Ford $57bn
GM $58bn
Mercedes $69bn
VW $106bn
Toyota $241bn
Tesla $897bn.

And?

[SidewaysSi]

ChocolateFrog said:

Lost ranger said:

Values by market capitalisation

BMW $64bn
Ford $57bn
GM $58bn
Mercedes $69bn
VW $106bn
Toyota $241bn
Tesla $897bn.

And?

+1. Who cares?

[Wills2]

Plus they're not even remotely accurate... Tesla is currently around $797bn

[georgeyboy12345]

These ludicrously high valuations for Tesla based on a lack of anything tangible (in comparison to proper companies like Toyota or VWG with loads of cars on the road) just seem wrong to me, kind of like bitcoin. An over-inflated bubble.

[Monkeylegend]

TVR £4.57

[Jon556]

Monkeylegend said:

TVR £4.57

They could buy a roof tile with that.

[Monkeylegend]

Jon556 said:

Monkeylegend said:

TVR £4.57

They could buy a roof tile with that.

Sorry, that should have read (£4.57)

[Previous]

georgeyboy12345 said:

These ludicrously high valuations for Tesla based on a lack of anything tangible (in comparison to proper companies like Toyota or VWG with loads of cars on the road) just seem wrong to me, kind of like bitcoin. An over-inflated bubble.

You're probably right.

Tesla do have a range of other products that they could capitalise on - charging network for one, home energy solutions another.

Not sure it's worth that much difference though.

Now I've said that Tesla market cap will double!

[750turbo]

Utterly pointless unless they want in to NPE

[Lost ranger]

Wills2 said:

Plus they're not even remotely accurate... Tesla is currently around $797bn

A couple of weeks out of date certainly, but Tesla is still bizarrely high. All about anticipated earnings of course.

Edited by Lost ranger on Sunday 15th May 08:18

[D4rez]

georgeyboy12345 said:

These ludicrously high valuations for Tesla based on a lack of anything tangible (in comparison to proper companies like Toyota or VWG with loads of cars on the road) just seem wrong to me, kind of like bitcoin. An over-inflated bubble.

Tesla has an operating margin about twice that of VW/Ford etc despite much lower volumes. Given their sales growth and ambitions (pickups, smaller vehicles etc), and almost total lack of debt now, it’s pretty reasonable

[The spinner of plates]

D4rez said:

georgeyboy12345 said:

These ludicrously high valuations for Tesla based on a lack of anything tangible (in comparison to proper companies like Toyota or VWG with loads of cars on the road) just seem wrong to me, kind of like bitcoin. An over-inflated bubble.

Tesla has an operating margin about twice that of VW/Ford etc despite much lower volumes. Given their sales growth and ambitions (pickups, smaller vehicles etc), and almost total lack of debt now, it’s pretty reasonable

Plus the infrastructure. I know a couple of Tesla owners.
They like the cars but can see their weaknesses and are open that others maybe just as good. But the charging network, that’s the bit that adds added value right now vs others.