Who tech is out there---Who knows what other more advanced --2020 is a long time from now!!!!!
By the time they finish plant technology could be obsolete
Texas is not going to change if TSLA even becomes relevent
They get a revenue stream when customers pay their monthly bills----What revenue stream is Telsa going to get after they sell car at a loss
Their goal is to sell 500,000 cars by 2020--That would equate to a market cap of $80,000 per car sold. Their plan is to be selling the cars for $30,000 each by then----- For longs, please explain how current stock is justified???? Im not looking for longs or shorts to give me their biased opinions---I just need a logical explanation that helps me understand justification of current stock price
To be sure, Jonas also spells out a bear case where Tesla is relegated to premium niche-brand status, margins creep back down, and the stock falls back to $100. And not everyone finds his sunny case very convincing. L. Craig Shealy, an investment banker focused on technology and energy, calls the 53-page report “fascinating—unfortunately very reminiscent of ones I read for Worldcom, Global Crossing and Covad in early 2000.”
Cheap oil will not be good