Do we think $1 Trillion market cap is possible here?
Do we think $1 Trillion market cap is possible here?
I think it will happen in the next 10 years. They have a head start in multiple markets around energy where integration will help them and their competition is clueless. Iām reminded when reading of Tesla of Nokia, MS and Palm execs saying the iPhone would never amount to anything in 2007, before ceding the market to it a decade later.
I also think Tesla is grossly overpriced at the moment, unless you entirely discount the difficult and capital intensive task of growing to scale and scaling out in several industries at once. The PE, if they even had a PE, would be insane right now, and it will take some long hard years to fight through the coming downturn IMO and become consistently profitable. But then their competitors will suffer more, so perhaps itās a wash and the market has it right. Seems overpriced to me right now because of the current medium term potential, but if they can pull it off, the future is bright.
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I think Tesla will go to $2 - $2.5 Trillion in the long run. I definitely think $1 Trillion market cap in ten years is on the cards.
Diversity or products:
- Battery storage is definitely their biggest product and money maker here, more so than vehicle production
- Production of cars, roadster, cybertruck etc should be hitting over 10million vehicles per year
- Solar roof business could be huge if they started building factories focused on just this
- Tesla car insurance
- Self driving taxi service like Uber
- Sale of emissions credits to other vehicle companies
- Potential HVAC System on the cards
Iām sure I missed loads of other revenue streams here. With the upcoming battery day and speculation over the million mile battery, cost is just going to keep decreasing. They have also challenged Shanghai and Berlin to build smaller and cheaper city cars.
I am extremely confident Tesla will be the most valuable company in the world in the future, dwarfing even Apple. The entire world is moving to sustainable energy and Tesla has such a head start, community and engineering talent. SpaceX and Tesla are the top two companies American Engineering graduates want to work at. Theyāve got the talent and the most inspirational CEO in a generation imo.
I actually think the stock is massively undervalued for its future potential. Tesla seem to be just at the tip of the iceberg and with S&P inclusion, the stock could blow up again.
While I certainly agree those things will be huge markets in the future I donāt see how Tesla has a big enough moat to say it will be them dominating in the space in future.
Does Tesla create the best electric cars now, yes. Will theirs still be the best in 2 years? Probably. What about 5 years? What about 10 years? I find it very hard to confidently say yes to the last 2.
ICE cars were a huge innovation, but no one company really dominated that global market in the long term. Starting first doesnāt always mean winning the race.
This line of reasoning is good, having access to the best talent is Teslaās best chance of maintaining a competitive advantage however Iām not sure I agree. Working at SpaceX is pretty brutal and (relatively) underpaid, it sounds like working at Tesla is even worse.
I think Google / Apple or pre-IPO tech companies are still the #1 destination for engineering grads because the hours are less brutal and you actually get paid well (or get decent equity).
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I thought they had dropped the solar roof side after poor peformance.
Musk has been named in the Depp vs Sun newspaper trial in London. Witnesses have said he beat Deppās wife up, not Depp. Not business related at all, however itās concerning if heās violent.
The Daily Mail is not a news source and their gutter press celebrity tittle tattle isnāt worth reading.
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Right but 1) Iām not 12 years old and 2) it did and was said in court. Wether itās said in one tabloid or the London Review of Books is irrelevant
The number of popups, ads, and intrusive videos they have on both their app and website is just nauseating.
Then thereās the actual content 
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Slightly off topic but I recommend Brave browser desktop and iOS. Blocks all cookies, trackers, pop ups and scripts and if youāre interested pays cryptocurrency to view ads www.brave.com
Iām sorry, I donāt mean to pile on. Blocking ads and trackers on The Daily Mail does nothing to stop you giving them a page impression - which is what they then wave in front of advertisers in order to get revenue.
Brave Browser started off with good intentions, even though its based on Googleās Chromium project, but last month they were caught injecting their own referral codes into links that people casually clicked on during their normal day to day browsing - Brave Blows Up Its Whole Reason for Existing. Firefox is a far better browser for the privacy conscious though, again, blocking trackers and ads still wonāt stop the Daily Mail from receiving your page eyeballs/page impression and using you as a statistic to inflate their own value.
Back to Tesla, I see a court in Germany has rightfully cracked down on Teslaās promises around Tesla Autopilot
Tesla Germany is now banned from including āfull potential for autonomous drivingā and āAutopilot inclusiveā in its advertising materials, Reuters reported.
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Depends whether youāre properly blocking the adverts or just hiding them as they load. Ads are usually served by a domain controlled by the ad network (e.g. doubleclick .net) rather than by the website that you actually want to see. That means the ad network is directly tracking ad views and not relying on the websiteās reported page counter. If you block that domain then the ad is not served and the website gets no revenue.
I know but I was talking rather about the number of Page Impressions that the Daily Mail will be reporting to its investors. An ad-blocker wonāt stop people being counted in those.
Good results. S&P 500 next?
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Tesla reports fourth straight quarter of profits
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Will they be introduced into the S&P 500?
Now that they have 4 straight quarter of profits, would think it was a given. But nothing official as far as I am aware as yet.
Guess tesla has a TTM PE ratio now - 1.92 EPS which works out to 829.3 at tonights close 
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SMT have a 11% holding in Tesla. Always an option for somebody who wants some exposure
But not all the madness that goes with owning it outright.
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Tesla is bonkers. I donāt buy it, staying away. Not convinced by all the arguments in the following article - it blames passive investing in part for market prices, despite noting that Tesla isnāt in the S&P500. Index rebalancing is on hold until next year.
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