Just sold my Ferrari to buy more TSLA

Mods, can this thread be moved to the General Automotive Discussion subforum where it belongs, rather than The Ferrari Discussion subforum?

 

As usual you can only be arrogant in your replies. Enjoy your Tesla's, hope you sell your stock before it really drops.

 

Hmmm. Market cap is calculated by taking the price that the last "fool" paid and multiply by authorized outstanding shares, including those shorted and those not being traded.

So, it is a sum of money that nobody paid, and if every shareholder sells, it is a sum that cannot be realized. For example, if I paid $3150 for a single Tessa share tomorrow, the market cap would, at that time, be 10 times more than that it was 5 seconds ago...

So, a rather silly number to base an argument on....

 

Perhaps time to add some facts and figures to this "revolution".,,

According to the electric car advocacy group, EV.volumes, even if their very optimistic sales forecast of almost 50% sales growth for 2016-2017 (including all hybrids such as LaFerrari came true, we might have 1 out of 100 cars sold world-wide in the EV category this year. And of this, they estimate that 36 % will be plug-in hybrids (actually having an ICE also).

Maybe I am wrong, but 1% market share, after selling hybrids and electric cars for over 20+ years,I would not qualify that as a "revolution". (PS , Toyota Prius was introduced in 1997)

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I’m an equity analyst by profession, working at a medium-sized fund manager.

The beauty of markets is that they’re driven by a perception of value, and these perceptions vary, change and sometimes oppose each other.

Tesla is an interesting one. I don’t think you can compare their valuation with that of Amazon, as the one is a highly cash generative company (AMZN) and the other burns cash at a frightening pace (TSLA).

The value of an asset will always be the present value of its future cash flows, and herein lies the key.

In my humble opinion, the assumptions one has to make around volumes produced and sold to justify Tesla’s current valuation seem unrealistic - given what they’re able to achieve now.

In stark contrast with this, one can quite easily justify a value of $1200 for AMZN without making ludicrous assumptions.




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There’s no way in hell I want to spend 30 minutes refilling. No chance. Like never. Under five, at most.

And they’re not free. They’re just paid for by other people. Stop throwing out that BS. It’s great for the owner. But it’s not free.

When power is out how do you refill?
After a storm how do you refill?

 

As to free for life for the owner charging... how do you see that play out long term? Everyone’s taxes go up to support that? Everyone’s electric bill for their Home goes up? Who pays for it when everyone goes electric car? It just magically appears? Give me specifics of the future and how charging stations are paid for. For the road trip, how many people sit around for 30 minutes while charging? Of the cars going up and down i95 and refilling at gas stations, where do they charge and how many can do it at a time?

 

You sure about that, sure seems like nothing but a Tesla thread. I have nothing against Tesla, but this thread is in the wrong subforum, what is wrong with moving where it belongs?

 

That didn’t answer any of the questions. Just defected.

Even just to start: explain how Tesla paid for your electric recharge. Please detail the money chain.

Then, if you’d please, answer the other questions.

 

One thing is for sure - the market is telling you that you’re right, and I am wrong!



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there is no way this guy is for real.

He must be trolling just to get reactions as i cant believe anyone can be this blind to thier own biases.

it has become amusing to watch the unabashed cheerleading and attempts at deflection

 

Reading this thread was entertaining at first, but it's now given me a headache the size of Elon Musk's (and JerryZ's) ego. Good luck with the EV future - I'm just glad I lived in the ICE age and will remain a happy dinasaur. After 71 years on this planet I know what I like.

Cheers

 

http://fortune.com/2017/11/26/tesla-battery-technology/

 

Nope, .... market cap does not show "current value of the company as a whole". It is simply a multiplication of the last share trade with all outstanding shares. Not what people paid, nor what the shareholders are willing to pay. When I worked on Wall Street (actually Church Street, next door), we called it the "greater fool theory". It has nothing to do with entrinsic company value, just the "last fool's" purchase price.

So, not a real measure of company value (so not " a very important number"). The company value is, like RossoNero said, the Net Present discounted Value, NPV of all future real, and anticipated cash flows... in that aspect Tessa's valuation works better under the "greater fool theory" that actual financial analysis or entrinsic company value...