⚡ EV Tesla becomes more valuable than GM and Ford combined
- Thread starter EmersonHart13
- Start date
No fun engaging in debate with people who's minds are made up. And I'm not saying that because I'm butthurt. Truly I don't care. I'm a person that likes to debate though and some of the arguments tossed around here are so primitive and/ or purposely slanted that you can see the bias right away and that just sucks the fun out of it. Other times people just completely ignore anything that disagrees with their own narrative. So something is said, something is debunked and then it's not like that person comes back and says "gee, I never thought of it that way!". But you know they read the response. And then a week later that same person will post some clickbait article about some made up problem that would have taken them approximately 18 seconds to research themselves.
It's not a TCG thing. It's the state of modern discourse in general. People completely lost the ability to debate. People lost the ability to see nuance. Everything is black and white. For or against. Whether it's Tesla, electric cars, politics, choice of baseball team, the way you wipe your ass...
A bit of Tesla news I just came across.
U.S. will look at sudden acceleration complaints involving 500,000 Tesla vehicles
The National Highway Traffic Safety Administration (NHTSA) said Friday it will review a petition asking the agency to formally investigate and recall 500,000 Tesla Inc vehicles over sudden unintended acceleration reports.www.reuters.com
Tesla blasts customer complaints of sudden unintended acceleration as 'completely false'
Tesla provided few details on how it determined the complaints to be untrue.
Yea, unbelievable how one famous tesla short could stir up all this bullshit. The cars keep logs of that stuff so they know it isn’t true.
where's
sickmint79 at to pimp slap us all into oblivion with facts figures and sweet charts and a lil sasss
sickmint79 at to pimp slap us all into oblivion with facts figures and sweet charts and a lil sasss
in theory both are calculating total value of all assets, just using very different ways to get there
where's
tesla is not valued like a car company, it's valued like a tech company
Market capitalization is all you want to look at. What you're posting is an evaluation... In other words: someone's opinion. Market cap is completely objective and is just amount of outstanding shares times the current share price.
Tesla's share price is overblown in my opinion. It's moved too high too fast and while they do have a veritable chokehold on several markets, it's not as if it is impossible for anyone else to compete. For now though, Tesla is the company to beat and it should be telling that in a market that heavily favors SUVs, they're pumping out mid-sized sedans as fast as they can make them.
I will give
M
Mike K credit as he's been very consistent in his evaluation of Tesla over the years.
Honestly, he's also been pretty accurate in what he's posted would happen too. The only thing I can pick at is his comments on "ICE being dead" and exponential growth of EV's. Neither has happened.
Honestly, he's also been pretty accurate in what he's posted would happen too. The only thing I can pick at is his comments on "ICE being dead" and exponential growth of EV's. Neither has happened.
a little bit of new tech fetishism
a real possibility for some strongly valuable self-driving tech
fanboy enthusiasm
Not all fanboyism. Major trading firms keep upgrading their stock price outlooks and that invigorates traders.
For public companies market cap is largely determined by what the market thinks the company is or will be worth. So if I come out with amazing tech and I'm losing billions of dollars every year but 15 years from now my technology is going to be ubiquitous, the market might value me at what it thinks I'll be worth. A lot of it is speculation.
I think you might be confusing that for book value which is a hard line number based on assets, sales, accounts receivable, accounts payable, etc and then you might stick a multiple on that to arrive at a harder value. A lot of publicly traded companies trade at well below or above their actual value though.
More good news for Tesla from the new trade deal with China.
electrek.co
China must increase imports of US-made cars; Tesla likely key beneficiary
Phase One of the new US-China trade deal was signed last week, and its unconventional approach is likely to lead...
electrek.co
Thread Info
-
Created -
75Replies
-
2KViews
-
Participants list
