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re: Investing In Tesla
Posted on 7/7/17 at 10:11 am to mb810
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
1
Posted on 7/7/17 at 1:09 pm to WaWaWeeWa
quote:
I can't see their profit margin being that much greater than GM/Ford
This is where their distinction as an "energy company" vs an automotive one comes into play. If they can develop tech that becomes the standard for not just auto-electric industry, but for battery technology overall, then who knows how high they could continue to climb.
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