4 ms·
Yeah agreed; in my blog post & comments I talk about how the stock could definitely go to $0 if the company missteps. But then again, after driving a Model S, I
by danielodio 13y ago
Yeah agreed; in my blog post & comments I talk about how the stock could definitely go to $0 if the company missteps. But then again, after driving a Model S, I believe it's the best car out there, so as long as the company executes well I'm very bullish on the stock, especial in the medium to long term ( >1 year).
- Luc 13y agoTesla's market cap is currently one and a half times Fiat's. I know it's a rough measure, but that seems a bit excessive.
- ryguytilidie 13y agoStock prices are generally based on the expected future profitability of a company. Tesla's expectations are vastly higher than Fiat...
- jnw2 13y agoOn the other hand, the stock of every legacy automaker could go to $0 if Tesla is successful and the legacy automakers fail to transition to building electric cars (or even just fail to shed the obnoxious dealerships). And the stock of every electric power distribution monopoly could go to $0 if solar panels and batteries get cheap enough that we don't need the grid anymore.