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Given the debt load Tesla has there is no way they get bought by most companies. That said... if we’re hypothesizing then yeah, it’s a good ideological fit at
by abritinthebay 8y ago
Given the debt load Tesla has there is no way they get bought by most companies.
That said... if we’re hypothesizing then yeah, it’s a good ideological fit at least.
- InTheArena 8y agotesla's liabilities are still less then their assets, and their order book is absolutely insanely robust. Their price makes it so a car manufacturer (save maybe VW) couldn't buy them, but given that both Apple and Google are trying to get into automobiles, Either of them would jump at the chance, assuming a sane valuation stock wise.
- Driverswanted 8y agoThey don't have orders, they have refundable deposits. How many are converting? Elon would not say on the call. Why?
- InTheArena 8y agoTesla's statement was that the order book was holding solid at around 450k, IIRC. Not bad for something with a multi-year backlog. I suspect the reason why is because Tesla is only targeting the highest end model 3s right now, and people who have put down deposits are waiting to see what the federal tax credit situation is like, and if I can manage to hold out for the base model since I don't need the 300mi upgraded on (but can afford it, if I wish). Tesla is going after the high margin cars right now (as they should). within the next month (if current tends hold) they will bass BMW, Mercedes and Audi in the premium sedan market with that strategy, all while trying to maximize incoming revenue. On the other hand it could be a conspiracy to shaft Short Sellers, who are owed a complete collapse of the stock, bankruptcy of Tesla, and Elon being led away in chains.