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Normally I invest in companies who I believe are undervalued and have solid fundamentals/profitability and are well positioned for future growth. TSLA is one o
by hizanberg 7y ago
Normally I invest in companies who I believe are undervalued and have solid fundamentals/profitability and are well positioned for future growth.
TSLA is one of my few "emotional investments" of companies I've invested in because I want it to succeed. IMO its share price is highly speculatively priced, but I expect they'll eventually be able to maintain profitability to justify it as they're best positioned to benefit from an EV (+ renewable energy) future.
I'm long TSLA and didn't expect them to achieve profitability before Shanghai Gigafactory (+ Model Y) is in full production, so this earnings release was a welcomed surprise. Happy to see them continue to grow and further invest in the future.
- synaesthesisx 7y agoI feel the same way - as someone who has been invested in $TSLA since it was $34 my risk is now effectively zero. I look forward to watching the company continue to succeed beyond imagination (although I have a serious disdain for FUD-spreading shorts).
- xkjkls 7y agoHow have the shorts succeed beyond your imagination. If you look at their EPS estimates over the last year for this quarter, they've gone from $2 a share to -$0.40, sure they beat the estimate of -$0.40, but with after hours gains the stock has gone from $380 -> $300 with them posting EPS of 30-40% lower.
- Richard_East 7y agoTo really take off in Europe, they need a smaller vehicle. Something the size of a BMW 1-series. Streets here are very narrow.
- zaroth 7y agoModel 3 is not tiny, but it’s IMO as small as you would ever want a car that travels highway speeds for safety reasons. I doubt Tesla will ever make a tiny 2-seater but I guess if the market is there they will follow it! BMW 1: 173” x 69” Model 3: 184” x 72.8”
- _ph_ 7y agoSize is somewhat overrated with respect of safety. If you crash at high speeds, the safety of the car will little help you, unless you get the impact speed down to below 60kp/h. The BMW 1 series and of course the best-selling VW Golf are both quite a bit smaller than a Model 3, still set up to 5 and also driven at high speeds exceeding 200kp/h over here. So there would be some market for a more compact Tesla. But I think Tesla has currently enough on their plate and enough upcoming models, going into smaller (and cheaper) models will make sense only when they have perfectioned their manufacturing chain as the margins will be smaller.
- Kuinox 7y agoLook at car like the Clio. In Paris we have a lot of vehicle of this size.
- grecy 7y agoIt's amazing how different parts of the world see that. I was going over the sizes of the S and 3 with my Dad in Australia, and it turns out the 3 is the same size as the most recent Ford Falcon, one of the biggest Sedans in Australia! The 3 is NOT small in every country in the world except America.
- zaroth 7y agoIt appears that the Ford Falcon is 199" in length -- 15" longer than a Model 3. Note that interior cabin cubic feet and total storage cubic feet will tend to be significantly higher in an EV for the same exterior footprint.