Obviously.
Obviously.
Wrong. Tesla can end up being a major player in the future and utterly successful and it’s stock price can be absolutely be currently overvalued.
Yup, and Amazon hit 3600 P/E ratio in 2012. When a company flips from negative to positive profits, P/E ratios are often out of whack until they scale a bit more in the profitable side. This P/E ratio for Tesla doesn’t really say as much as people are assuming. I’d be glad to have bought Amazon in 2012 during their…
The OP doesn’t come off as altogether Tesla friendly or not. The way Jalopnik talks about the market is just flawed.
I remember similar statements about Facebook.
For reference, on their 2019 balance sheet their total common stock + additional paid in capital was like $19 Billion which is a closer approximation of “money put into” tesla.
Market cap is not the same as “the amount of money the stock market has put into it(tesla)”. Market cap is the current combined valuation of all shares based on current price. But the vast majority of those shares were purchased at an earlier date/lower price, or were even given for $0 cash as equity awards to Musk…
It’s amazing how few people realize this. The big institutional investors that are driving the current growth, instead of the smaller investors that drove things last year and prior, are looking at the battery production capacity, the huge growth in China (Model Y production in Shanghai is essentially spoken for four…
Investors would have to legitimately believe that Tesla’s future market cap will be $32 trillion?
So you will buy the stock if it drops 80% while still being this profitable.... so would everyone that still had money.
I’m not too interested in PE ratios, I’d rather just look at revenue. They are still way behind, but their growth is pretty solid for now.
Investors are not looking at current profits, they are looking at potential profits in the future.
The salesman has no clue. The car arrived on the lot from a wholesaler or another salesman took it in trade, it’s one of 80 used cars on the lot. Detail knows, bless them, but the sales person? Please.
If he smoked, he probably couldn't tell. I was amazed at all the things I could smell when I quit.
“Equipped with the rare smoker’s package” is going to add $5k to the gavel price at Barret Jackson in 40 years.
HMM, if it works out perhaps I can employ you to import one of these. Surely we can get a Falcon XB GT in Australia for less than the 100K or ore they go for in the US.
I assume y’all are going this route to try to save money, right? How much could you be saving compared to buying one from Duncan for $10k? I’d be really worried about how big of a disaster this could turn into. I’d never buy a car sight unseen.
I still don’t get your point.
Saquish [don’t tell anyone...but you need a permit to get out there anyway]
So, a few things in play here.