Tesla most valuable automaker in the world
Discussion
BlackLabel said:
And up and up they go.
“ Tesla's seemingly endless rally hit a new milestone on Tuesday: the electric car maker is now worth more than $500 billion”
https://markets.businessinsider.com/news/stocks/te...
and Elon Musk now richer than Bill Gates.....“ Tesla's seemingly endless rally hit a new milestone on Tuesday: the electric car maker is now worth more than $500 billion”
https://markets.businessinsider.com/news/stocks/te...
With Biden running things in the US I expect the climate protection and eco supporting strategies he will roll out will benefit Tesla immensely. Go to tesla.com. What do you see? A car? No, a house with solar roof tiles. Tesla is valued high due to the sum of it's parts, not just the automotive business. Battery technology, solar, powerbank etc.
This will also become more and more important in the UK quite soon. If we are to shift to only EVs as new cars from 2030 then a lot of people will be looking for ways to charge/store at home.
Tesla is really a technology company with an automotive division. The other area they excel is autonomous driving, and that division alone has a lot of value.
Yes the share price is bonkers, but when you start looking at the possibilities for the medium term it starts to look less crazy.
This will also become more and more important in the UK quite soon. If we are to shift to only EVs as new cars from 2030 then a lot of people will be looking for ways to charge/store at home.
Tesla is really a technology company with an automotive division. The other area they excel is autonomous driving, and that division alone has a lot of value.
Yes the share price is bonkers, but when you start looking at the possibilities for the medium term it starts to look less crazy.
13% of the free float needs to be bought by companies running S&P products by the inclusion date.
https://ark-invest.com/analyst-research/tesla-pric...
The bear case price target is approx 50% of where we are now.
Targarama said:
Yes the share price is bonkers, but when you start looking at the possibilities for the medium term it starts to look less crazy.
Check out the ARK invest analysis - all prices mentioned here are pre-split(divide by 5). They've called Tesla pretty damn well so far.https://ark-invest.com/analyst-research/tesla-pric...
The bear case price target is approx 50% of where we are now.
“ Elon Musk has become the world's richest person, as his net worth crossed $185bn (£136bn).
The Tesla and SpaceX entrepreneur was pushed into the top slot after Tesla's share price increased on Thursday.
He takes the top spot from Amazon founder Jeff Bezos, who had held it since 2017.”
https://www.bbc.co.uk/news/technology-55578403
The Tesla and SpaceX entrepreneur was pushed into the top slot after Tesla's share price increased on Thursday.
He takes the top spot from Amazon founder Jeff Bezos, who had held it since 2017.”
https://www.bbc.co.uk/news/technology-55578403
Ah, but Merc don't sell rockets do they ( a certain division that merged into Merc did in the 1940s but that is kept quite, and th Yanks stole the Engineers after the war).
We're building some new power generation plant and Tesla are way ahead of anyone else now for what in the past we'd have called "UPS". Difficult to see if we can get their offering certified for our latest plant but the price was keen and technologically their existing demo and production plants have such credence that diesel backup gennies will be a thing of the past.
Don't think of Tesla as a car company. I remember an office conversation in 1999. "Why are you buying shares in a book company to put in your TESSA?". "They are not a book company, it is the way forwards". That was Amazon, my mate Dave from mid 1990s when ISAs and TESSAs started made not far shy of 1/2 million on Tech (and of course his contract rate sorting out Millemium bug issues on VAX workstations....remember them...one day we may think of Merc like that like we think of British Leyland now). Volume = not value = not future.
We're building some new power generation plant and Tesla are way ahead of anyone else now for what in the past we'd have called "UPS". Difficult to see if we can get their offering certified for our latest plant but the price was keen and technologically their existing demo and production plants have such credence that diesel backup gennies will be a thing of the past.
Don't think of Tesla as a car company. I remember an office conversation in 1999. "Why are you buying shares in a book company to put in your TESSA?". "They are not a book company, it is the way forwards". That was Amazon, my mate Dave from mid 1990s when ISAs and TESSAs started made not far shy of 1/2 million on Tech (and of course his contract rate sorting out Millemium bug issues on VAX workstations....remember them...one day we may think of Merc like that like we think of British Leyland now). Volume = not value = not future.
Corvid-2020 said:
Don't think of Tesla as a car company. I remember an office conversation in 1999. "Why are you buying shares in a book company to put in your TESSA?". "They are not a book company, it is the way forwards". That was Amazon, my mate Dave from mid 1990s when ISAs and TESSAs started made not far shy of 1/2 million on Tech (and of course his contract rate sorting out Millemium bug issues on VAX workstations....remember them...one day we may think of Merc like that like we think of British Leyland now). Volume = not value = not future.
In 1999, had Amazon been going 11 years, borrowed $9bn to get to where it was, and still not making any money? W124Bob said:
So let me get this right 2019 sales for Tesla 367,500, Mercedes Benz 2,339,562. Nissan 4.93m and VAG just over 10.9m. Tesla is hyped is all I can say, it's not as if the others are never going to sell a single EV either.
You just wait till those 2 million robotaxis are on the roads in 2020.....................p1stonhead said:
Absurd valuation.
Agreed! Everyone should have a listen to "'stayan" car person John Cadogan on You Tube and his words of wisdom on Tesla as a car producer and it's proprietor "Electric Jesus" as some sort of environmental God. Basically their vehicle production is a massive Ponzi scheme that only survives because the companies that actually know how to make Cars (Toyota, BMW, Ford, etc) haven't actually got into the market yet and when they do Tesla will be Royally f
ked. They also don't own the battery technology as they like to make folks think they do. Samsung or similar does. https://youtu.be/rmJAeKLVVTY
Harrison Bergeron said:
You just wait till those 2 million robotaxis are on the roads in 2020.....................
Not to mention that Cyber-truck which is entirely uncertifiable for road use anywhere on the planet which Supercar Blondie has deluded herself into thinking that she's going to be getting soon! Musk is the ultimate Ponzi conman!
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