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re: Investing In Tesla
Posted on 7/7/17 at 8:00 am to fightin tigers
Posted on 7/7/17 at 8:00 am to fightin tigers
quote:
Volvo being a "luxury" car makers taking this route I think may mean more
But the Model 3 is supposed to be the "cheap" alternative; Tesla no longer being limited to luxury cars. Tesla published all of their patents for batteries, etc. to spark the competition in the industry. You'd have to assume this strategic move means they'd welcome the company of other automakers, in the long run it just shifts public acceptance of electric vehicles. Makes me ponder the bearish response investors seem to be taking.
1
Posted on 7/7/17 at 10:11 am to mb810
The valuation is more than GM and Ford. Even if they exceed all expectations is it realistic to think they will gain more market share with other companies switching to electric?
Seems way overvalued to me. I just don't see how the stock price will continue to climb. I can't see their profit margin being that much greater than GM/Ford
Seems way overvalued to me. I just don't see how the stock price will continue to climb. I can't see their profit margin being that much greater than GM/Ford
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