It seems to be about an unpreparedness to address the future 

http://www.greencarreports.com/news/1109889_q-why-is-tesla-worth-more-than-gm-a-the-sins-of-detroit

4 hours ago, Ryeman said:

It seems to be about an unpreparedness to address the future 

http://www.greencarreports.com/news/1109889_q-why-is-tesla-worth-more-than-gm-a-the-sins-of-detroit

 

I think it is to do with both future earnings and future liabilities.   Tesla, with the Model 3 and other future models, can turn in to a company turning over 10s of billions of dollars per annum whilst have relatively little liability to huge law suits over its products.

 

Whilst the Chevy Bolt does sound like a very good car it is one model in amongst dozens of lemons which may have baggage ie US diesels and the long term on-profitable European operation with its pension liabilities.   GM has gone thru long periods where it has been losing $500 per car it has been that bad a making the right cars hence the abandonment of Opel and Vauxhall.  Even after the 2008 economic disaster the car firms are not a great place to be, hence the continued rationalization....http://www.investopedia.com/articles/company-insights/090116/most-profitable-automobile-companies-2016-hmc-tm.asp

 

  

Lutz thinks it's a religious cult...........he would say that I guess 

http://www.autonews.com/article/20161026/OEM02/161029880/bob-lutz-blasts-tesla-musk-compares-followers-to-a-religious-cult

 

just think of the missed servicing profits

Edited 14 April, 20179 yr by Ryeman

^^^ He would be in all sorts of Sh!t if he said he thinks it's a religious cult,  

what he is doing is comparing to a religious cult.

 

Intellectual Property.

 

Tesla's patents are worth lots. The rest of the company not so much.

 

If something goes wrong with the tech you'll see their share price bounce around like a rubber ball.

I suspect a significant chunk of their current valuation is due to the current trend of vastly over-valuing tech companies. Their products are interesting right now but in 10-15 years' time when every manufacturer has electric cars in their range they won't look so interesting. Not to mention that the interior concept for the Model 3 is downright dangerous with everything operated through a touchscreen.

16 minutes ago, chimaera said:

I suspect a significant chunk of their current valuation is due to the current trend of vastly over-valuing tech companies. Their products are interesting right now but in 10-15 years' time when every manufacturer has electric cars in their range they won't look so interesting. Not to mention that the interior concept for the Model 3 is downright dangerous with everything operated through a touchscreen.

Autonomous mode will be 'dangerous' too, I guess..........but all in the name of ultimate safety 

Edited 14 April, 20179 yr by Ryeman

Autonomous stuff I think will be ok once they get the AI right. The problem with a touchscreen is you must be looking at it to operate it whereas with physical buttons and rotary controls you can find and operate them by feel a lot of the time.

13 minutes ago, chimaera said:

Autonomous stuff I think will be ok once they get the AI right. The problem with a touchscreen is you must be looking at it to operate it whereas with physical buttons and rotary controls you can find and operate them by feel a lot of the time.

......and then ultimately there won't be any feel allowed.

after 3 there's model Y then a pick-up and a "Semi" (;-) ) due for unveil in Sept' and then there's Solar City --Space-ex and the "Boring company" on it's way  no dividend for the forseable future  but it's a wild ride  

http://www.autoexpress.co.uk/tesla/99267/tesla-issues-recall-of-53000-cars-over-parking-brake-issue