In the year and a half since this thread started Tesla has grown to a disappointing 76,000 deliveries in 2016.
I don’t know how they’re going to get to 500,000 or 1,000,000
the market cap today is $35 billion dollars
this is the equivalent of a company that makes $1.8 billion a year trading at 20x earnings
to make $1.8 billion a year, they’d need to make about 8% margin on about 500,000 cars a year that they sell for $50,000 each
Tesla won’t see Audi/BMW profitability levels for another 10 or 15 years. So people are buying this stock…for profits that should start rolling in 2027-2032 and forward. It’s really tough to make a case for.
this is a long long long road for any Tesla investor.
The solar roof shingles that look like slate are a cool idea…one of my neighbours has a 5000 square foot house with a full solar roof on 2 sides. It looks heinous. Although paying $100,000 for a Tesla solar roof is tough for anyone to swallow. Like all Tesla products, people think they’re going to ‘save’ money…but they do so by paying 200%-400% of the cost of a similar product…and they then save 2% of that investment/year. Payback periods of 20-50 years don’t work for anyone.