Tesla has become the most valuable US Car company.
In terms of value. The total market value of Tesla's stock is now the highest in the US.
In other words, if you could “buy” an auto company, it’s how much it would cost.
Tesla would cost the most to buy of any US car company.
This is huge news. It’s mind blowing.
Never before has it been anything other than the big 3. (GM, Ford, Chrysler).
It’s not because of revenues or profits. Tesla’s revenues aren’t that high. And Tesla loses money every year.
And it’s not because of physical assets (like buildings and inventory). The other companies have tons of assets.
It’s because investors think Tesla’s net income is going to go crazy in the coming years. That Tesla is way ahead of everyone else in developing practical affordable electric cars.
And money talks.
This is super good news for the US and for the world. And for mankind.
This is concrete evidence that we are on the cusp of finally moving away from fossil fuels for transportation.
Note: Tesla still ranks 6th world-wide, but it’s anticipated it will start passing the “Big 5” soon.
(The Big 5 - Toyota, Volkswagen, Hyundai, Nissan, Honda) (Honda’s up next, only a billion dollars away)
have you seen the P85D? that Tesla is pumping out 691 hp with a ridiculous amount of torque because it's all electric. it ate a challenger hellcat in the 1/4 mile.
people use to stay away from electric and hybrids because they looked like crap.
But tesla makes their cars so freaking beautiful. i'd love to own one.
“To announce that there must be no criticism of the President, or that we are to stand by the President, right or wrong, is not only unpatriotic and servile, but is morally treasonable to the American public.”
the only thing keeping me from buying a Tesla is the charging stations.
there needs to be way more across America before i purchase one. if i only drove around locally then it would be a no brainer. but i'm a huge road trip guy.
In Europe? pff...would've been got one.
“To announce that there must be no criticism of the President, or that we are to stand by the President, right or wrong, is not only unpatriotic and servile, but is morally treasonable to the American public.”
There are more than you might think, but still not enough for me to pull the trigger. I'd love to get a Model S. I drive about 30k per year for work, mostly in the I-77 corridor through WV which does not have any supercharging stations.
It’s not because of revenues or profits. Tesla’s revenues aren’t that high. And Tesla loses money every year.
And it’s not because of physical assets (like buildings and inventory). The other companies have tons of assets.
It’s because investors think Tesla’s net income is going to go crazy in the coming years. That Tesla is way ahead of everyone else in developing practical affordable electric cars.
See... when I read this part, that makes me scared. The value of this company is almost entirely based on speculation. That's crazy, and not the good kind of crazy.
Don't get me wrong, I love Tesla. I love what they're about, I love their cars, and owning a Model S or X would almost be a milestone in my life (I'm being a little dramatic here). That shouldn't affect the $$$ as much as it is here. To me, this is a very large bubble that's about to pop.
There is no level of sucking we haven't seen; in fact, I'm pretty sure we hold the patents on a few levels of sucking NOBODY had seen until the past few years.
yea and if you planned out a route, how much longer would that take?
if you're going to the south and gotta drive through Arkansas....lol good luck. god speed.
Last edited by Swish; 04/11/1702:45 PM.
“To announce that there must be no criticism of the President, or that we are to stand by the President, right or wrong, is not only unpatriotic and servile, but is morally treasonable to the American public.”
I see Tesla and maybe even Amazon as the latest Dot Com bubble.
Grown men have yet to weep over the great losses they will take when reality returns on these stocks.
I'll agree with you on Tesla, but Amazon? Lmao, they are far from a bubble - they are going to pop all of retail is what they are going to do. Plus they are not just a retailer, but also a technology company that does some very, very cutting edge stuff. Disclaimer - I own both stocks.
The next bubble IMO is Facebook - my son, who is 14, doesn't use it nor do any of his friends. All they do is Snapchat. Remember how fast MySpace went down the drain? I also own Facebook but am considering selling.
Amazon is a little more believable. They are established, and are industry and thought-leaders in a bunch of different markets. They are the 800-lb gorilla.
With Tesla, there's nothing holding up that valuation. If they have an issue with releasing their Model 3, all of this value goes away. Hell, if they say something bad on social media, this probably all goes away.
There is no level of sucking we haven't seen; in fact, I'm pretty sure we hold the patents on a few levels of sucking NOBODY had seen until the past few years.
yo what's some new startups coming out? i'd ask my boy Trump but i'm not trying to go to jail for insider Trading.
“To announce that there must be no criticism of the President, or that we are to stand by the President, right or wrong, is not only unpatriotic and servile, but is morally treasonable to the American public.”
If they have an issue with releasing their Model 3
That is my big, big worry. If they don't deliver on that they are in trouble. They need to get into the non-luxury market to succeed and the Model 3 will do that. It is a beautiful car and priced where it is affordable to the masses.
Even if the Model 3 is successful the stock still scares me a bit, but it is one of the stocks I own in my high-risk category that also has a very high potential reward so I'll probably stick with it.
The people who are buying and selling Tesla stock - thus determining the price - know a whole lot more about the company and it's future viability than you or I.
That's a fair point. As you get into the details, it all breaks down to speculation.
But it's a wide spectrum... and valuing a company that is as small and limited as Tesla is, with the financial performance that it has had, over companies like Ford, Toyota, GM, etc is on the far side of that spectrum.
There is no level of sucking we haven't seen; in fact, I'm pretty sure we hold the patents on a few levels of sucking NOBODY had seen until the past few years.
The people who are buying and selling Tesla stock - thus determining the price - know a whole lot more about the company and it's future viability than you or I.
Why would that be? Sure the institutional investors might (but technically that would be illegal if it was inside info, but we all know that happens), but your average Joe investor like myself looks at the numbers, the product, and it's potential and makes a decision. I've done alright with Tesla, up 63% at the moment. Certainly not my best, but far from my worst, lol.
yo what's some new startups coming out? i'd ask my boy Trump but i'm not trying to go to jail for insider Trading.
I don't really have any company I'm targeting at the moment. Snapchat was the last IPO I bought, and I'm down quite a bit on it at the moment (about 15%). I think it will go back up though - they've got the market that everyone wants, teenagers and 20-somethings. Though that market is also VERY fickle. I didn't buy a lot but think it has potential. I hold most of my stocks for as long positions (most are in my retirement account) so I can handle some ups and downs.
My current favorite stocks are Netflix, Google, American Tower, and Amazon.
I bought Facebook at $21 per share. I waited on Snap and picked it up at $19.15 I bought Alibaba at $86 I bought Chipotle at $400 after eating there and seeing the crowds have returned. I bought IBM at $40 many decades ago and put it in a dividend reinvestment plan.
I own zero Tesla and have some Amazon through a fund.
Snapchat and Twitter are great, but they make no money. Facebook is the only social media company making money. But no one 30 and under uses it. I bought Snapchat as soon as it opened, and sold it that day. The market just really wanted to have it as the new cool thing.
Haha, yeah... sorry. I'm hitting the board a little hard today. Quiet day at the office, and my projects are slow.
Tesla is doing great stuff. They should be over-valued a little bit. To clarify, I'm having a hard time with the degree that they are being overvalued. You are correct, though.. at the end of the day. It all breaks down to speculation.
There is no level of sucking we haven't seen; in fact, I'm pretty sure we hold the patents on a few levels of sucking NOBODY had seen until the past few years.
I'm sure you were kidding about Amazon ... if not, please explain why u think there headed in the wrong direction?
No I am not kidding. I am concerned with quite a few things with that company.
Amazon typically posts razor-thin (or nonexistent) earnings despite skyrocketing revenue. That's because CEO Jeff Bezos consistently makes huge investments in things like new distribution centers, consumer electronics, original TV programming, grocery deliveries -- and much more.
This last quarter they finally posted good profits.
Next, they are a scattershot company, all over the place with their investments.
I am concerned that one day they will be brought up on anti trust charges, having a monopoly in certain areas.
Finally, Trump doesn't like Bezos. Never good for a business when the President of the United States doesn't like you.
I could be wrong, have been for many years on this company. Remember, I am a DawgTalker, not an investment guru.
One of the reasons I love them - Bezos is constantly trying to be innovative and will spend the money to do it. He totally bucks Wall Street standards which does cause volitility. He is one of the few CEOs that is looking 10 years out and not giving a damn about what the short term analysts are saying. They are one of my favorite companies.
I own all of the shares you mentioned as well - I really like Alibaba.
On a tip from my uncle, who was big in to investing, I bought $2000 worth of McDonalds stock in 1969..... Pretty much all I had then.
That was my Microsoft investment. I kept investing, and reinvesting dividens, and the stock kept splitting....3-2, 2-1. I mean 6-7 times over 15 years. I love McDonalds. Never talk badly about McDonalds in front of me. I helped my brother buy a franchise. He ended up with 5 restaurants when he sold out. My shares in his company paid a nice premium. Have I said that I love McDonalds?
McDonalds and Exxon are the only shares I hold. It's all about income at this stage in life, but I have kept shares of McDonalds and Exxon for old times sake, and to keep invested in America other than bonds and cash instruments.
If everybody had like minds, we would never learn.
More on investing. I guess i am a old guy. I like investing in things I see. That is why it was hard for me to get behind many of the tech stocks. I guess it is just a generational thing. I could see Exxon stations on every corner. I could see McDonalds restaurants sprouting up all over the place.
As for Tessla, interesting news, but I sure don't see many of their cars on the road. But, I suppose it is about growth.
Here is a pretty good article on the why they are the most valuable.
Tesla is doing some really interesting things. I too am considering a Model 3 at some point.. maybe after some of the initial problems are sorted out.
It's best to look at Tesla as not just a car company but also as an energy company. They now own SolarCity and the new solar roofs are actually visually attractive, durable, competitive pricing... oh and they generate electricity. Hook it up to a Powerwall (a medium sized, wall-mounted rechargeable battery made by Tesla) and you can go off the grid completely. Pretty cool stuff.
The Model 3 is their next big car, but it is hardly the only thing that has investors so excited, I'd say.
Their GigaFactory 1 (renamed from just 'Gigafactory' because there will now be others) is set to demolish the world in terms of battery production, and their new Solar Roof technology along with their home battery wall is something to get excited about as well.
They are not-so-quietly positioning themselves to completely & single-handedly reshape the world energy markets.... or, at least the American energy market (which pretty much IS the world energy market).
Browns is the Browns
... there goes Joe Thomas, the best there ever was in this game.
The Model 3 is their next big car, but it is hardly the only thing that has investors so excited, I'd say.
Their GigaFactory 1 (renamed from just 'Gigafactory' because there will now be others) is set to demolish the world in terms of battery production, and their new Solar Roof technology along with their home battery wall is something to get excited about as well.
They are not-so-quietly positioning themselves to completely & single-handedly reshape the world energy markets.... or, at least the American energy market (which pretty much IS the world energy market).
Very good points. When they acquired SolarCity (which incidentally was run by Elon Musks cousin) as well as decided to make their own battery production facilities is when things got interesting.
Range is the key to electric cars, and with their research and facilities to produce said batteries is huge. Right now the range is ~300-350 miles on a charge for a Model S. When that increases to say 600-1000 is when things will get really interesting. I also see them using their solar technology to power the charging stations.
I'm very excited about the future of this company. I've been a shareholder for a very long time and have been through lots of ups and downs but will continue to hold. The future is very bright even though the company seems to be overvalued at this point from a stock perspective.
There are more than you might think, but still not enough for me to pull the trigger. I'd love to get a Model S. I drive about 30k per year for work, mostly in the I-77 corridor through WV which does not have any supercharging stations.
I have one just 15 min from my house. It's 5 min from our former residence.
In a few years, this could be legit doable for lots of us.
Plus you'll have a charger in your house. You'll only need the stations if you are not close to home. If you just do local driving, Tesla's are already (aside from price) viable transportation. The Model 3 could change everything. Another concern I have is if the Model 3 is super popular will they be able to keep up with demand?
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