Think Pink: Invest while you still can. Is Tesla's a technology company? A Car Company? A Space Company! It doesn’t matter. We are talking about CARS. GM, Toyota & Ford are producing millions of cars. Tesla delivered just over 360 thousand Electric Vehicles last year. Or do you know a Ponzi when you see one?
If this carmaker collapses he’ll need his SpaceX spaceship to blast off to Mars to secure his safety. Tesla has just 0.5% of the Global Auto Market. And never a Profitable Year.
Tesla is now the most valuable car company in the world. Tesla is now worth more than Toyota, Disney, and Coke combined. Tesla’s valuation doesn’t make sense by any logical measure. 300% growth in stock price and never made a profit. Only 25 billion in revenue last year. Belief is interesting; it requires no proof, much like religion.
With Tesla surpassing the market cap of every single auto market in the world last week, including Japanese giant Toyota, which in 2019 sold 10.6 million cars compared to Tesla's 367,500.
Tesla has continued its relentless, steamrolling ascent, and with its stock rising as high as $1,400 after hours, its market cap is now well over $250BN. Having exploded from $1,000 to $1,400 in 5 short days, and five stock squeezes. Tesla Up 5% after hours and soaring to $1,500. From $375 in March to $1,500 in July.
Tesla Is Now Bigger Than Intel, Verizon, AT&T, Walt Disney, And Bank of America. Bigger than Toyota! Despite the fact that Toyota sells 25 times more cars than Tesla.
And most of all: Tesla is now the most valuable car company in the world. Tesla's current stock price values the company at more than GM, Chrysler, and Ford combined, despite those three U.S. automakers also selling far more cars than Tesla does every year. Tesla is now worth more than Toyota, Disney, and Coke combined. Tesla’s valuation doesn’t make sense by any logical measure. 300% growth in stock price and never made a profit.
But Tesla isn't consistently profitable enough to join the S&P 500. I can’t think of a bigger slap in the face to true capitalism than a seventeen-year-old company becoming the most valuable in the world before it ever makes a profit. I remember last year when everyone thought $420 was high.
Tesla has just 0.5% of the Global Auto Market. And never a Profitable Year. They'll soon run out of time plus Quota of Carbon Credits to Sell. This is not Amazon. It is just cars, a low margin business. We all know how this ends up. Much too much Capex required. Tesla is going to be a phenomenal crash. Tesla will crash 3 minutes after Musk cashes out. If Tesla goes to zero tomorrow, Chief Executive Officer Elon Musk will be caught stuffing all the corporate cash into his novelty branded short shorts and trying to flee to Mars. It will be interesting to see which comes first. Maybe that’s why Musk is pushing his profitability goal so hard.
Tesla is a barometer of how ridiculous the market is currently priced. Unless you're cruising around the high-income parts of town, you don't see a whole lot of Teslas around town. € 60.000 for the model 3 performance. Even higher for the S, any questions on affordability. I can't imagine why I would spend time in my car playing with an iPad and doing software updates. Insurance costs are also very high.
Fanboys aren't concerned with the reality of the majority of society. I know a Ponzi one when I see one, and this is even more egregious than 1999. Some will get rich; most will lose everything.
If enterprise value and capability meant anything, a corporation like Toyota would be worth $10 trillion. If someone thinks that Tesla value is right, then explain how it is bigger than: VW, BMW, Mercedes, GM, Ford, and Ferrari combined, or Toyota and VW combined, which last year sold over 20 million cars. VW Group has the following brands: VW, Audi, Lamborghini, Bentley, Porsche, Seat, and even other brands. Do you think it is right that a company that has only four cars could have a better value than companies that have more than 50 cars and trucks. Toyota and Honda make a lot more cars and better cars. Tesla is an amazing company, but the company value is out of this world. And morons are still buying this overpriced stock. They must be Robinhooder's pumping in all their allowance money. The bigger they are, the harder they fall. It will happen when the punters wake up.
I think Tesla's current price makes more sense than tulips in Holland in the 1630's but less sense than Japanese stocks in 1987. Everybody is living in a Fed-induced unicorn fantasy that profits never matter or even having a sustaining business model. The company barely makes any money. The company has questionable accounting. The company couldn't figure out how to sell cars for a profit with government subsidies. The company was building cars in tents and letting them sit in the desert sun. Belief is interesting; it requires no proof, much like religion.
This Elon guy convinced people he was in the desert sun 40 days and heard a voice tell him to make electric cars. He stole a true genius's name and made Tesla. I guess if it worked for every other religion and cult in the world, it could work for this one. Tesla is a joke, and so is the stock market. Tesla will lose 95% of its value in the coming stock market crash. Tesla is now bigger than Exxon.
BlackRock has taken over Wall Street. Amazon is bigger than the top 15 banks combined. Even unprofitable, Uber and Lyft are threatening to overtake the $1-trillion auto industry, and they’ve only scratched the surface. Now, the worldwide $2-trillion auto industry is next in line for disruption. Tesla is now bigger than Netflix and Nvidia. At this rate, Tesla will even be bigger than Apple, but who cares? FED fully endorses it.
There are those who are in the club, those who think they are in the club, and those who are definitely not in the club. That is all. Are these people like Elon Musk really worth what they claim to be? The answer is no. They are paper billionaires. But there are few who actually are, and you won’t hear from them.
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