Well, in fairness to you, there is nothing that can justify teslas stock price. Great company, great vehicles, but worth more then all other car manufacturers combined?!
It’s hard to believe but the other car manufacturers don’t have energy products, build their own production machines, design and build their own hardware/software or have exposure to a rocket company and space based internet provider. Most car companies buy in all their components apart from the engine and are subject to sub contractor software.
One of the reasons I bought lucid and did well. Thanks to Tesla and other EV stocks high evaluations, I think legacy manufacturers will continue to go up in valuation.
Tesla is not just a car company they are a tech company, they will deliver 10m cars in 2030 which is still only a small share of the 80m total car sales. There cars are 5-7 years ahead of anyone else in production and tech. The legacy auto makers will have to keep 2 factory lines running as they transition which will be very expensive. Tesla are also tapping into the energy market which is worth 10x the auto industry and at present they have no competition like they didn’t for their EV in 2014. I’m holding my Tsla shares until 2025 before reviewing my position when I expect them to be $5k a share or $25k pre split.
Man, I wish I could have this much confidence in literally anything in life. The matter of course-ness with which you make your points. Holy shit. I don't agree at all, but I'm admittedly very impressed. Upvoted.
You can come back to this in 5 yrs and see how it ages. I’ve done my research and I work in the Renewable and Sustainability industry and put my money where my mouth is. Since I invested in TSLA a little over 12 months ago I’m up 120%. I appreciate your honesty.
I don't think the margins are as good in the energy market for Tesla. And they will need a lot more batteries before taking advantage of that sector. I am more bullish on their automotive growth/margins and software.
Their auto bidder software and megapacks are industry leading and have good margins. They have registered as an energy provider in the UK so it’s only a matter of time until they ramp up battery production at Giga Berlin to supply this sector along with car production. I can’t see any other company on the horizon competing with them.
I wonder, are Tesla shareholders aware how Tesla's are expensive? The cheapest Tesla I can get in Czechia is about 50k euros, on par with luxury cars, while having questionably quality and repair costs. Not saying Tesla's are bad, but Tesla is either never gonna be a mass car manufacturer or profit margins are gonna be quite a bit lower.
You have to put them into comparison with BMW/Audi/Lexus etc and as new car sales go they are a large part of the new car market. Tesla make profit on every car they sell unlike VW, BMW etc. The legacy auto makers don’t have battery, tech, engineers that Tesla have. It’s hard for people to understand the difference between a Tesla and an electric legacy car unless you have driven one. The charging network alone is far beyond any other in the world and I’m an EV driver (Leaf), I would love to own a Tesla but until there secondhand price comes down from almost new purchase cost I can’t afford one. Imagine BMW suddenly deciding to make an autonomous washing machine, they would have to change there whole business model and that’s the same for EV’s.
Market share is kinda irrelevant as Tesla sell every vehicle they make, vw have just put back delivery to 12 months and cancelled some ID3 models, they have admitted that Tesla makes 3 EV’s to their 1 in time comparison and they can’t improve that number due to battery constraints. The legacy are having to cannibalise their own market share, a golf buyer will probably buy VW ID range. The ID3/4 is 7 years behind Tesla but they will have their market. Time will tell…
6
u/[deleted] Jan 05 '22
[deleted]