3 ms·
The problem with your thought process is that, unlike microsoft and google or apple, most traders and analysts already treat the company as if it can do no wron
by nonchalance 13y ago
The problem with your thought process is that, unlike microsoft and google or apple, most traders and analysts already treat the company as if it can do no wrong. Analysts calling for price targets of 130 or 160 were predicting sales of 200K+ units per year 2-3 years out, which is a really aggressive target given the size of the addressable markets. On the other hand, it was only in 2011-2012 that wall street gave Apple its due credit.
Which is not to say that the stock couldn't jump further, but as of now it's already in the same ballpark as big auto in terms of market cap (as of close today, Tesla market cap is 17.6B while Ford's market cap is 65B and GM's market cap is 51B).
- sliverstorm 13y agoIn short, a good buy requires two things: 1) Potential for growth 2) Potential for growth that everybody else hasn't already recognized Tesla is dandy for #1, but isn't looking too hot on #2.
- vasilipupkin 13y agothe market cap comparison is somewhat misleading because clearly there is substantial probability of Tesla selling many more cars, once they release mass market versions. They have created enormous brand value. if they successfully offer a mass market car, their market cap could easily be higher than Ford.
- deleted 13y ago[deleted]