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re: Tesla - Buy or Sell?

Posted on 5/11/13 at 12:39 am to
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
Posted by GenesChin
The Promise Land
Member since Feb 2012
37709 posts
Posted on 5/11/13 at 1:16 am to
quote:

Korkstand


I think what you are missing is that people are saying Tesla as a stock is terrible, not as a company. The expectations based on stock prices just are unrealistic unless they start having a dominate market share
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