Nope. Apple was in 2018. Over 2B in 2020.Tesla is the first trillion dollar company.
One of the big rental companies just put an order in for 100,000 tesla sending their stock price further up.
Nope. Apple was in 2018. Over 2B in 2020.
~240B. Not even close.What is Toyota's market cap?
~240B. Not even close.
Again, I dont believe Tesla's market cap is at all based in products, innovation or reality. It is driven by blind optimism and insanity. It is definitely worth something but nowhere near the current market cap.
Based on fundamentals....
Toyota is trading around 10:1
GM 7:1
Ford 19:1
Apple 29:1 -- 2.4T company
Google 30:1 -- 1.8T company
Microsoft 38:1 -- 2.3T company
Amazon 57:1 -- 1.7T company
Tesla 334:1
If Tesla stock was trading based on earnings, fundamentals etc. as an automaker the stock price would be around $50B give or take $10B, not $1T. Wait, if they are really a tech company not an automaker.... well that is $120B. Pretty much proves it is hype, those of us in the market in 1999/2000 have seen many companies like this....
Based on fundamentals....
Toyota is trading around 10:1
GM 7:1
Ford 19:1
Apple 29:1 -- 2.4T company
Google 30:1 -- 1.8T company
Microsoft 38:1 -- 2.3T company
Amazon 57:1 -- 1.7T company
Tesla 334:1
If Tesla stock was trading based on earnings, fundamentals etc. as an automaker the stock price would be around $50B give or take $10B, not $1T. Wait, if they are really a tech company not an automaker.... well that is $120B. Pretty much proves it is hype, those of us in the market in 1999/2000 have seen many companies like this....
Musk having lots of brilliant ideas does not mean you should ignore all economics when buying into his companies. At 60:1, he is a decent bet, at 330:1, you are aboard the hype train and statistically should expect a kick in the balls. Keep in mind that a lot of these brilliant guys die very young. If musk died tomorrow, what happens to Tesla's valuation? Apple did well after jobs died, but it was at a much lower ratio and had a functional operational structure in place. Tesla seems to be a fiefdom and I wouldnt be surprised if the loss of musk cut the valuation in half or worse.they are predicting space X will be more valuable Tesla.
Regardless of what happens in the market, I'd say Musk is going to retire comfortably.
SpaceX expected to become more valuable than Tesla, Morgan Stanley survey finds
A Morgan Stanley survey concluded that SpaceX is both a more attractive investment and expected to become more valuable than Tesla.www.cnbc.com
Gone from 100km range on EV down to 88km so far. I expect that to be closer to 60 once I install my winter tires.My hybrid fuel consumption has gone down significantly
700ish vs 800ish
How are your evs doing?
I suspect this may be due to driving style more than vehicle changes for both of you. Get addicted to the torque and use it often. When I bought my first bike it was getting well over 300 km per tank, after I got used to it and was wringing its neck, just over 100 km per tank. Only valve timing changes and changes in the operator.Gone from 100km range on EV down to 88km so far. I expect that to be closer to 60 once I install my winter tires.
Nah. I drive this thing like a grandma. Temp causes EV range to go down. Simple.I suspect this may be due to driving style more than vehicle changes for both of you. Get addicted to the torque and use it often. When I bought my first bike it was getting well over 300 km per tank, after I got used to it and was wringing its neck, just over 100 km per tank. Only valve timing changes and changes in the operator.
While I think it is possible in a longer timeframe (say 2030 or 2035), selling more than Tesla with a super expensive hummer, a Cadillac lyriq and the bolt is not remotely going to happen. She says they should have 30 e models by then but given that is 29 more than you can currently take delivery of I call BS (either she is counting trim levels as models or that will include proposed vehicles that are years out).