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Or he could be looking at public guidance given by the company or estimates from wall st. The estimate avg for 2012 is 402 mil. The avg for 2013 is 1.6 bil, wit
by clarky07 14y ago
Or he could be looking at public guidance given by the company or estimates from wall st. The estimate avg for 2012 is 402 mil. The avg for 2013 is 1.6 bil, with a low estimate of 1.4 bil. I'd say he's perfectly reasonable, and you are being rude and unpleasant.
http://finance.yahoo.com/q/ae?s=TSLA+Analyst+Estimates http://finance.yahoo.com/q/ae?s=TSLA+Analyst+Estimates
- rgbrenner 14y agoSo you're saying that because analysts on wall street say they'll make 1.4b in 2013, then it's not speculation? Sure.
- gjkood 14y agoBut isn't that the basis of the stock market? Analysts estimate and the CEO executes to meet or exceed those expectations. Are you just skeptical of Tesla meeting those expectations or all companies that are public? Do you have information that the Analysts don't have access to as the basis of your skepticism?
- riffraff 14y agoit is the basis of the stock market, but that doesn't make rgbrenner statement ("this is only speculation") less true
- clarky07 14y agoIt is a highly educated guess. The point is that he didn't just pull the number out of his ass. Clearly nobody knows the future for certain, and there isn't any way to know exactly how much revenue they are going to have in 2013, but using company guidance and analyst estimates seems like a pretty good starting point.