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-   -   Tesla most valuable US car company (http://www.actuarialoutpost.com/actuarial_discussion_forum/showthread.php?t=320882)

snikelfritz 04-04-2017 02:09 PM

Tesla most valuable US car company
 
Well, I mean, that just doesn't seem sustainable, given the number of cars they make compared to everyone else. There is one heck of a growth multiplier baked in there, time to short?

http://www.cbc.ca/news/business/tesla-gm-ford-1.4054630

A day after doing the same to Ford, Tesla Motors overtook GM to become the most value valuable car company in the U.S. by market value on Tuesday.

Dr T Non-Fan 04-04-2017 02:13 PM

Car bubble will burst imo

ElDucky 04-04-2017 02:22 PM

If the accomplish what the are planning, they are undervalued. By any financial metric that doesn't assume crazy g in the denominator, they are over valued.

That's not a good recipe to go long or short. I think they'll find the price of raw materials for the batteries increasing rather significantly, until the glass batteries are workable.

donny5k 04-04-2017 02:32 PM

They are a battery company with a car subsidiary at this point, right?

redearedslider 04-04-2017 02:39 PM

I think they're overvalued because of how hyped Elon is. Once their car production ramps up we'll see if they have longevity. I want them to succeed though since those cars sound pretty cool

exponentialpi 04-04-2017 02:57 PM

Elon has taunted the shorts. He is playing with fire.

snikelfritz 04-04-2017 03:56 PM

I think they're doing lots of cool things, and they're well positioned to dominate the self driving car market, I just find it hard to justify a market cap higher than companies that sell so many more cars than them, but, time will tell I suppose.

Westley 04-04-2017 04:00 PM

Quote:

Originally Posted by donny5k (Post 8926425)
They are a battery company with a car subsidiary at this point, right?

That's how I think of them.

There's so much money in batteries - battery technology will allow solar and wind to completely replace hydrocarbons. Whether that's 2 years away or 50, I really don't know, but measuring their value against Ford and GM doesn't really make sense.

ElDucky 04-04-2017 04:11 PM

Their solar roofs are pretty damn cool.

willel2338 05-03-2017 12:34 AM

Quote:

Originally Posted by donny5k (Post 8926425)
They are a battery company with a car subsidiary at this point, right?

:iatp:

While I think that's accurate. It's all about the batteries...

The ethos of Tesla has changed from "Tesla will be a leader in the electric vehicle category of the auto industry" to "Tesla will dominate the entire auto industry and sell more cars than the big 3 combined..."

Their current stock value almost demands that narrative: The expectations are out of hand, but I don't have the balls to short them.

Tesla short sellers have already lost $3.7 Billion this year


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