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re: Tesla - Buy or Sell?

Posted on 5/10/13 at 11:20 pm to
Posted by Vols&Shaft83
Throbbing Member
Member since Dec 2012
69953 posts
Posted on 5/10/13 at 11:20 pm to
quote:

Those ratios are absolutely meaningless for a 10 year old, high growth technology company.


They are an auto manufacturer, not a technology company.

quote:

Tesla is making money where others don't or can't


and others are making money where Tesla doesn't or can't, for example CARS

Posted by Korkstand
Member since Nov 2003
28738 posts
Posted on 5/11/13 at 12:39 am to
quote:

They are an auto manufacturer, not a technology company.

I would argue that Tesla is a tech company that makes cars. They are rapidly advancing battery tech, and selling their batteries to such no-names as Toyota and Daimler. Their cars are computers on wheels. I'm not saying that they are doing anything extremely innovative... They are just doing every little thing exactly right as they merge technology and cars. And their cars happen to work really, really well.
quote:

and others are making money where Tesla doesn't or can't, for example CARS

But they are making money, and their gross margins are higher than any other car manufacturer, I believe.

But no sense arguing with you, you have your mind made up. Just bookmark this thread and mark your calendar to show me how wrong I am a year from now.
This post was edited on 5/11/13 at 12:41 am
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