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re: Tesla is just months from a total collapse, says hedge-fund manager

Posted on 4/6/18 at 7:35 pm to
Posted by CM Tiger83
Lafayette, LA
Member since Sep 2011
738 posts
Posted on 4/6/18 at 7:35 pm to
Because they are over valued and because they aren’t just a car company. They are an energy storage company that makes cars.
Posted by GenesChin
The Promise Land
Member since Feb 2012
37709 posts
Posted on 4/6/18 at 7:41 pm to
quote:


Because they are over valued and because they aren’t just a car company. They are an energy storage company that makes cars.


Considering 85% of their 2017 revenues were from automotive, they are a car company that dabbles in energy storage


I guess my pont is that their $50bil market cap is higher than priced for perfection, it is priced for impossible. Even if they were currently pumping out 1mil cars per year, it still would be a high growth target value
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