...or $63,000 per car they intend to sell in 2020.

    By comparison, General Motors Co's (GM.N) $48 billion market value is equivalent to about $4,800 for every vehicle it sold last year.

The actual value to Tesla appears to be about -$20k per car per quarter

b_b:

And the consensus price target is like $270 or something. I understand that even less than I understand the actual price. Even if you thought that Tesla was going to overtake one of the big companies, they still have a lot of units to move before their valuation looks anything like rational, so their long term stock price growth should be stagnant at best.

Also, "intend" is a bit strong. I might say, "claim to be able". Let's be frank that nobody really knows if they can actually deliver at anywhere near the price they're projecting, and they're only going to continue to face more and more competition every year. I hate to put it so bluntly, but I think anyone who's staked a huge amount of money on TSLA kind of deserves to lose it. They had to raise almost a billion dollars last year in new stock issues to stay afloat, and the price actually went up.


posted 2904 days ago