Ford has a market cap of only $25 billion.

imagine buying into a company that isn't even number 1 in ev sales and doesn't make a profit unless it sells ev credits to Fiat Chrysler..... people call it technology company but it doesnt make money selling technology... lmaoooo

Vast majority of crypto ico’s are just fiat recycling ops while making the owners rich. Do people actually think a stock that had 1000% gains in a year is any different

Tesla is just as much an energy and technology company as they are an automaker. Batteries are the most expensive part of their product and they are quickly becoming cheaper and better year after year. The combustion engine has been perfected as much as possible but battery and EV tech is just getting started. Software upgrades make it possible that a car can be upgraded after you drive it off the lot without buying expensive accessories. V2G will soon allow you to make money off buying cheap electricity from the grid during off hours and selling it back during peak hours. Also memes

here is the real answer: he is inflating his own stocks.


bye

The combustion engine ain't perfected as much as possible, Koenigsegg is still innovating and pushing out big advancements. Look up their TFG engine in the Gemera, a 2L 3-cylinder w/ FreeValve and no camshaft, weighs 70kg while putting out 600hp and 600nm of torque with crazy efficiency and the ability to use "green" fuels

simple. because the market says so.

Yes, sort of like LOL at Manchester U football club investing in an 8 year old boy? Why invest in him when hes not even playing professional ball and bringing in fans to the stadium? Is that your logic?

I might have missed it but is there a path to taking this technology and infusing it into a $40k car for the masses?

We can call Tesla a tech company but things like vehicle automation still require huge amounts of work and I expect Battery Day to be a disappointment. Elon is a master hype-builder though and people lap it up while ignoring the consistent lack of execution

the most a software update can do is change the sound of your whoopee cushion farts on your tesla or make it harder for you to access features.

it will NEVER add real performance updates. software cannot improve efficiency of batteries or improve circuitry, it will just fuk with your chit even more just like apple fuks with your iPhones for free.

Ahhh yes the resident Tesla cultist... But its more than just a car company, battery day, durr. The are extremely unsafe and made for soyboys. You were probably driving a Prius a few years ago.

Who cares if they go back to the shop? I don't want to spend my days off dropping off my car at the shop over and over because of how unreliable it is. I always lolz when this hippie ER physician drives her Firefighter husbands F350 Turbo Diesel to work because her Tesla is in the shop again. They are pieces of ****

Not saying the stock isn't amazing and its making alot of people money but the products are not well made. Its all marketing

You are mad NPs like me with online educations are taking all the PA jobs. You are also mad that I am in Florida and we have solo practice now as well. You can come work in my new Psych Medical Spa when you finish school if you want. I can have my buddy who is going to be doing ******** infusions be your supervising doc

Because it’s a cia front just like jp Morgan and therefor will never be allowed to fail

are you telling me you can predict the future? car companies never have high margins( need a lot of capital), it is a dam car company, you cant compare it to ********, apple, google etc. car companies are like commodity products now, not monopolies like apple and google.

It’s crazy every single analyst rate it a sell but it keeps going up. When that happens to any other stock I own I lose my shirt

FreeValve specifically might have something in mind, you know how it goes in terms of tech development and cost curve. But it'll be rolled out in a (expensive af) production car, that's pretty cool by itself and evidence of the potential gains there are still to be made

Who knows what the future will truly look like

The only thing that has ever impressed me is the torque off the line. Everything else about those cars just seems 1-2 points below standard.

Exterior is meh. The minimalist interior look does not impress me. The touch screen is annoying.

I wish the company well, but they are just not for me, especially since they are essentially the new NPC prius.

And Mazda with their skyactive x

It was 25%, and yeah, would be about 265 if not for that.

I don't really pay attention to Tesla but if you look at the story of Theranos and Elizabeth Holmes it demonstrates that investors can keep an irrational balloon floating for a long long time.

Haha, you are making yourself look like a fool son. You might want to search the threads. I have posted my choices in cars many times before. Some are even big slab american cars. Others not the most reliable but definitely respected machines.

As stated, I dont own the car. I do own the stock and open to buying a Tesla in the future. Just chose to put my money on the stock vs the actual car first.

Of course I cant predict the future. But I do look at angles and moves. Are you open to doing that? Remember back when Amazon was an online retailer of books????

Tesla is very much like bitcoin. Chittier business practices and chittier cars.

True I ask because I am unaware of innovative technologies engineered by high end companies like Koenisgsegg and or Pagani make it into main line cars. Tesla seems to be doing just that with the Model S to the 3.

It is amazing that its value is that high. Wall Street is forward thinking and believes their electric vehicles with auto drive will be the vehicles most will want to own. They have a substantial lead over other car companies with their batteries in particular.

I guess the other day Tesla announced batteries will be available in a couple years that are 50% more powerful than current batteries. If I read that correctly I imagine that changes how many view e-vehicles.

-Memes

-Hype

I think they were actively losing money for many many years. They only managed to stay afloat thanks to loans, Elon being a meme, and investors that looked past the chitty returns because of the hype behind "futuristic" cars. It's only recently (end of 2019 and beginning 2020) that they have been churning out profits but I'd wait until the end of the year once they've posted all of their earnings and loses to make a final comment.

People can invest in whatever they want but people really need to invest in companies that can churn out a profit before dumping money into it. Willing to bet most of the tesla shareholders are only in it because if they all sold their shares the company would plummet and they would lose money. Edit: I hold shares in about 9 companies and they all churn out profits despite the Covid fiasco.

The smart folks sold their shares at 2200+ USD. The share is sitting at 475$ as of right now. That's a drop of like 78% in 3 days.

Tesla Annual Net Income
(Millions of US $)
2019 $-862
2018 $-976
2017 $-1,962
2016 $-675
2015 $-889
2014 $-294
2013 $-74
2012 $-396
2011 $-254
2010 $-154
2009 $-56
2008 $-83

Most of their stuff isn't easily scalable, I doubt we'll see hollow carbon fiber wheels on mainstream vehicles. But this TFG engine is largely made possible by FreeValve, a subsidiary of Koenigsegg but a separate company in its own right. Looking into this a bit more, they deployed similar technology on the $30k Qoros 3 (Chinese brand) in 2016

To be fair, Teslas are expensive for mainstream cars and even moreso without the subsidies.

Some combination of a super efficient ICE capable of utilizing green fuels + electrification would probably enable a much faster transition from today's gas guzzlers. The reality of pure electrification is that it'll be a long, drawn-out transition no matter how you slice it.

This seems to be a pretty solid article about it

https://carbuzz.com/news/koenigseggs...hange-the-game

I'll forgive you since not everyone follows this closely. But the share price you quoted is misleading. Tesla did a 5 for 1 stock split starting Monday. If you had 1 share last week, you now have 5, and the price changes proportionally. But there has been no decline in the value of the stock.