Quote:
Originally Posted by GrussGott
Quote:
Originally Posted by KRS_SN
Tesla is overhyped and overvalued. That's exactly why there is a ton of money that has been conjured up.
The car is a physical product to justify that it is reality.
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100% - Tesla is an energy stock; it's a decarbonization & electrification play. A growth bet on energy deregulation and local-level electricity generation and storage.
• If Tesla were only solar panels & power walls, it'd be single digits ...
• If Tesla were only Megapacks, also single digits ...
• If Tesla were only semi-trucks, maybe a penny stock ...
The fact that Tesla has proven it can profitably make consumer energy products (cars) on multiple continents AND has other arms in energy storage and management is what makes it a growth bet; albeit overhyped and overvalued (based on fundamentals)
Everyone (in the US at least) has heard of the Goodyear Blimp - people forget where that came from: the multi-decade platform war for air travel. There was a legit few decades where blimps fought it out with airplanes. Ultimately they lost of course and nobody even remembers those 30 years!
United, Martin, Sikorsky, Douglas, Pratt ... those were all, at one time, overhyped and overvalued growth companies with very uncertain futures ... just like Tesla.
But also great investments in retrospect!
This Sikorsky S-40 (via Juan Trippe's PanAm, ~1931-1940) took on Zeppelins to conquer air travel in South America
[img] View post on imgur.com [/img]
Goodyear Blimp by the Graf Zeppelin (~1928-1937)
[img] View post on imgur.com [/img]
This isn't the first time the Americans and Germans have competed over transportation platforms ... |
Are you sure of profit
https://news.sky.com/story/tesla-pos...maker-12200866
721m profit
including selling £1.5 billion environmental credits(an imaginary item with a shelfl ife as others catch up withtheirown EV's)
I'd call that 780 million loss
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