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Its worth more that gm, ford, Chrysler, and toyota combined. I am not sure what year they will make more cars, revenue, and profit than all those companies comb
by samfisher83 6y ago
Its worth more that gm, ford, Chrysler, and toyota combined. I am not sure what year they will make more cars, revenue, and profit than all those companies combined.
- adventured 6y agoIt's actually going to soon be worth more than all the major automakers on planet Earth combined. At the rate it's going, it'll hit that mark within a month or two. That includes: VW, Porsche, GM, Ford, Daimler, BMW, Toyota, Fiat Chrysler, Honda, Hyundai, Nissan Renault, PSA, Suzuki. Combined. Regardless of however long the ongoing stock market mania lasts, it's obviously going to obliterate a large number of shareholders on the way back down. There is no scenario where Tesla can fill in even a modest amount of that market cap. Toyota is their absolute most extreme best case scenario. Toyota is worth less than 1/2 what Tesla is today. It would take decades for Tesla to get as large and profitable as Toyota if everything works out perfectly.
- fomine3 6y agoThe news Tesla's value overtake Toyota was pretty recently (on July), but now it's nearly double value! insane!
- taf2 6y agoI believe the reason for the extra valuation of tesla is factoring in the potential of self driving cars and the market they can capture currently held by uber/lift - also the energy storage market and the solar market... So while they sell cars and that is the majority of what they are known for now... it’s believed in the future they will be worth more because of the AI and storage businesses
- samfisher83 6y agoThey are worth more than toyota, uber, lyft, ford, gm combined.
- lmedinas 6y agoi think the main reason, as a follow up of your opinion is that Tesla is a technology company first and automaker second. This gives a huge potential to sell services that are unique/very specific that are tremendously expensive. Im talking about Cells/Battery technology, AI, Autonomous driving, Infotainment devices, Internet of things, Chargers etc... etc... I think at this point the only Automaker that can follow up Tesla could be Toyota or VW.
- marketgod 6y agoIf you buy 20 shares today you will have $1M in 10 years from TSLA.