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> The upside is whatever Ford or GM is now...and they are worth more than that. I like Tesla as a car company and agree with this sentiment as an investor. The
by jsight 7y ago
> The upside is whatever Ford or GM is now...and they are worth more than that.
I like Tesla as a car company and agree with this sentiment as an investor. There's a reason that I sold my shares, and also a reason that I never had very many. :)
Having said that, I'd like to add Toyota and BMW to your list of comps. BMW in particular demonstrates that there may be at least some potential for upside, IMO.
- hogFeast 7y agoBMW are valuable because their labour is priced in a currency that is very weak (same is true of Toyota but to a far lesser extent). I don't think any of these companies are worth owning (again, there are just far easier games to play than megacaps).