BMW vs Tesla BEV sales in the US
http://evobsession.com/electric-car-sales-grew-51-december-3…
number of cars I see driving around … I won’t comment on this as investment analysis
It’s probably worse for BMW i3 in the last few months , their BEV sales appear to be falling in the US. Then there is the BMWi8 ,all 1594 sold in the US last year.
The i3 is popular in Europe but you would have a hard time seeing the streets of Europe from Santa Monica.
any SA member that buys a car receives an autographed pair of rose colored racing sunglasses.
Chris, I’m so glad you’ve joined this board.
Bear
If this is true then are you going to price it as a utility company? That would be some fall in share price.
I’ll not value it all, but if the time come, and Tesla is the one that becomes the market maker, I would think that they would get priced like the company that makes money no matter were you buy your next thing. (Hint: They they ain’t a government, and they ain’t the mob, but they get a cut of alomost every transaction in the developed world.)
Here is the secret about solar panels and wind mills and such. Most of the electricity produced and consumed will not be a people’s homes. It will be by infrustructure companies. Here is the other little secret, rugged individualism sucks. It is better to trade for what you need and that includes electricity.
My rough and absolutely WAG, is that a company that sets up the proper trading mechanism, after all the infrustructure pieces are in place, (missing the storage still) will be able to collect as much as a dollar a day from each person on the planet, and they will be very happy to pay it.
(The center of the bell curve for income is now at 10 dollars a day, but the numbers I have run indicate that it only takes a doubling of energy input to raise that center point on the bell curve by a factor of ten.) So, yes, a dollar a day, and that would be a bargain.
So, just a guess, how much would a company be worth that made its money of off transactions, had no hardware, and received 7 billion dollars a day in cash flow?
How much would a mature no growing company that was pulling down 2.5 trillion (cash flow) a year be worth?
You know, like Master Card?
Cheers
Qazulight
Who has the deeper pockets going forward to lose money on each and every EV that they sell…?
If that’s what you think, why were you in TSLA at all?
It’s nonsense. They make significant money on each car, but they’re plowing it all back into expanding. Also, they aren’t going to make the bulk of their money on cars. They have the ability to make pots of cash on energy storage, limited only by how fast they can make batteries, and that business is simpler and easier to ramp than cars. Solar roofs will possibly be another cash cow once it ramps up.
The future of Tesla is searingly bright.
-IGU-
“If that’s what you think, why were you in TSLA at all?”
If you go back and reread my post you will see that I stated that I never really have felt
enthusiasm for holding the shares long term, as a core holding. I bought when the stock price would fall back to support in the 180’s. I’ve attempted to be a believer, but I just cannot
convince myself to hold, so I sell.
Will I be proven wrong? Quite possibly. Tesla has a lot going for it, but at the same time a lot of hurdles to jump over. My gut tells me to stay away though for several reasons and I’ve always done very well for the most part following what I believe.
As an individual portfolio right now only consisting of 7 stocks, I have to weigh the risk in my holdings as a whole. My biggest holdings are FB, AMZN, NFLX, and then I own SHOP as well. I believe more in these companies going forward then I do TSLA, so I have to decide how much risk I want to take in my portfolio. So I might miss out on the gains going forward on TSLA, but I might make that up or more in SHOP for instance.
I hope all here that are long TSLA double their money in a year.
I’m just at this point not going along for the ride.
Chris