4 ms·

> Tesla is a given. It most certainly is not.

by bigbillheck 3y ago

rapsey 3y ago
They are shipping millions of cars, cheaper than the competition and at a profit?
- aredox 3y ago
  And they have some outstanding liabilities...
  - rapsey 3y ago
    Compared to GM and the like they have a very low level and very little debt.
  - mdorazio 3y ago
    Debt to equity ratios for OEMs according to Ycharts: Tesla: 0.11 Toyota: 1.06 GM: 1.65 Ford: 3.3 VW: 1.05 Seems fine to me...
    - JumpCrisscross 3y ago
      Nitpick: Tesla’s equity is more volatile than the others’. Linking debt to operating cash flow makes more sense.
kojiromike 3y ago
You can quibble whether or not Tesla will continue to win at the scale it has, but it definitely doesn't seem likely to go bankrupt at the speed of a $6/share SPAC-boosted EV startup. It just doesn't really bear comparison to the other EV companies out there. It is not a startup, and has been publicly traded plenty long enough. Neither does it make sense to compare it to the old-guard ICE companies, which don't yet have their sea legs. Any company can fail (for a fairly broad definition of "fail"), given time, but there's no practical likelihood of Tesla suddenly going bankrupt in the near future.
_Parfait_ 3y ago
..Confident and wrong, I love it
- vel0city 3y ago
  Where do you source your crystal balls? Mine never seem to work quite right. Maybe I'm holding it wrong?
  - _Parfait_ 3y ago
    Crystal balls? What is the most profitable american car company? You let me know.
    - vel0city 3y ago
      The comment states Tesla performing well in the future is a given, a guarantee it'll exist in the future. We don't know what will happen in the future, I wouldn't say "x company existing in the future is a given". It'll probably keep doing very well. It may have some sudden event happen that makes it stumble. I wouldn't even state that the future of transportation in 20-30 years is a given. I wouldn't bet against Tesla in the next decade or so, but I wouldn't state its future performance is a given. You know, that whole "past performance does not guarantee future results" thing your broker keeps chanting. Unless you happen to have a crystal ball or some kind of time machine, in which case I'd like in on that.
      - _Parfait_ 3y ago
        I'm so tired of the "I was actually making a semantic argument" thing people do to cover their ass. It's so lame.
        vel0city 3y ago
        Well, the answer to your "What is the most profitable american car company?", the American car company with the highest gross profit in 2022 was Ford. Maybe you need to polish that crystal ball a little bit more.

> Tesla is a given. It most certainly is not.

rapsey 3y ago

They are shipping millions of cars, cheaper than the competition and at a profit?

aredox 3y ago
And they have some outstanding liabilities...
- rapsey 3y ago
  Compared to GM and the like they have a very low level and very little debt.
- mdorazio 3y ago
  Debt to equity ratios for OEMs according to Ycharts: Tesla: 0.11 Toyota: 1.06 GM: 1.65 Ford: 3.3 VW: 1.05 Seems fine to me...
  - JumpCrisscross 3y ago
    Nitpick: Tesla’s equity is more volatile than the others’. Linking debt to operating cash flow makes more sense.

kojiromike 3y ago

You can quibble whether or not Tesla will continue to win at the scale it has, but it definitely doesn't seem likely to go bankrupt at the speed of a $6/share SPAC-boosted EV startup. It just doesn't really bear comparison to the other EV companies out there. It is not a startup, and has been publicly traded plenty long enough. Neither does it make sense to compare it to the old-guard ICE companies, which don't yet have their sea legs. Any company can fail (for a fairly broad definition of "fail"), given time, but there's no practical likelihood of Tesla suddenly going bankrupt in the near future.

_Parfait_ 3y ago

..Confident and wrong, I love it

vel0city 3y ago
Where do you source your crystal balls? Mine never seem to work quite right. Maybe I'm holding it wrong?
- _Parfait_ 3y ago
  Crystal balls? What is the most profitable american car company? You let me know.
  - vel0city 3y ago
    The comment states Tesla performing well in the future is a given, a guarantee it'll exist in the future. We don't know what will happen in the future, I wouldn't say "x company existing in the future is a given". It'll probably keep doing very well. It may have some sudden event happen that makes it stumble. I wouldn't even state that the future of transportation in 20-30 years is a given. I wouldn't bet against Tesla in the next decade or so, but I wouldn't state its future performance is a given. You know, that whole "past performance does not guarantee future results" thing your broker keeps chanting. Unless you happen to have a crystal ball or some kind of time machine, in which case I'd like in on that.
    - _Parfait_ 3y ago
      I'm so tired of the "I was actually making a semantic argument" thing people do to cover their ass. It's so lame.
      - vel0city 3y ago
        Well, the answer to your "What is the most profitable american car company?", the American car company with the highest gross profit in 2022 was Ford. Maybe you need to polish that crystal ball a little bit more.