Tesla stock

[hkchew03]

Personally i feel very good potential about TSLA, they solved their manufacturing line issue, which is one of the biggest issue for a EV car company. Demand is there and will probably also increase by many fold over the near future. If take are able to bring in commercial buyer with their pickup and semi, only bottleneck will be their production capacity.

As long as they can maintain their lead in efficiency and operation, there should be huge growth. Bonus if they are push out full self-driving first, which they are also in the lead at the moment.

Of course, for anyone who doesn't see benefit of a EV over traditional ICE car, Tesla will be just another random tech company.

 

[d5dude]

The valuation looks crazy to me. 12 month forward P/E is 250X, this is very rich for a company thats already priced at 9X sales. It will still be very expensive even if they achieve complete dominance in the auto industry (never happened before) and grow revenue as projected.

Looks like a bubble stock... but I'm a lousy stock picker so dun listen to me.

 

[win_man]

The valuation looks crazy to me. 12 month forward P/E is 250X, this is very rich for a company thats already priced at 9X sales. It will still be very expensive even if they achieve complete dominance in the auto industry (never happened before) and grow revenue as projected.

Looks like a bubble stock... but I'm a lousy stock picker so dun listen to me.

bubble burst over $1300!

 

[fzhfzh]

The valuation looks crazy to me. 12 month forward P/E is 250X, this is very rich for a company thats already priced at 9X sales. It will still be very expensive even if they achieve complete dominance in the auto industry (never happened before) and grow revenue as projected.

Looks like a bubble stock... but I'm a lousy stock picker so dun listen to me.

Same thing people were saying at $300. You can’t look at tech company valuations with P/E, it won’t ever make sense. Most of them don’t even have a positive P. A positive P for Tesla as huge, as it means they can keep on going without having cash issues.

 

[Tormented Soul]

First time see people say a 1.3k stock as bubble lol

 

[wutawa]

The valuation looks crazy to me. 12 month forward P/E is 250X, this is very rich for a company thats already priced at 9X sales. It will still be very expensive even if they achieve complete dominance in the auto industry (never happened before) and grow revenue as projected.

Looks like a bubble stock... but I'm a lousy stock picker so dun listen to me.

+1
Even though earnings may not be impt for a growing company, revenue is. The D/E is also a little bit on the high side. I am also a bad stock picker.

 

[d5dude]

Same thing people were saying at $300. You can’t look at tech company valuations with P/E, it won’t ever make sense. Most of them don’t even have a positive P. A positive P for Tesla as huge, as it means they can keep on going without having cash issues.

At $300, its only around 2x sales max, its at 10x sales now, thats far more than what any automaker is trading at. I dun see how tesla is a tech company, unlike most tech companies, it has big capex requirements because that is required to produce cars, and they make relatively expensive ones at that.

But this is not the only stock with a valuation that doesn't make any sense in this market, people say that its the fed and I tend to agree thats the reason. Btw what is "positive P"?

 

[GenesisX]

If you ask me the entire market is going bonkers. The best bet is on VIX, waiting for the bubble to burst...

 

[Red Nails]

 

[sharinganez]

High can go higher...
Look at Amazon...
Big fund is pumping $ into Tesla for SnP500 inclusion. just buy into Tesla

 

[GreggMQ]

High can go higher...
Look at Amazon...
Big fund is pumping $ into Tesla for SnP500 inclusion. just buy into Tesla

Exactly, but it also depends on CEO managers of those companies, in my humble opinion.

 

[bakuten]

At $300, its only around 2x sales max, its at 10x sales now, thats far more than what any automaker is trading at. I dun see how tesla is a tech company, unlike most tech companies, it has big capex requirements because that is required to produce cars, and they make relatively expensive ones at that.

But this is not the only stock with a valuation that doesn't make any sense in this market, people say that its the fed and I tend to agree thats the reason. Btw what is "positive P"?

i think simply put....

traditional automakers like toyota... makes cars with iphone functions inside the car.

whereas tesla makes an "iphone" that you can drive around.

 

[Shiny Things]

The only comment I have to add to this thread is "this is why you never short on valuation alone".

I've lost count of the number of hedgies who've been stopped out of short-TSLA positions that they entered into because "the valuation is silly, it's too expensive"... and then "silly" became "even sillier". Elon is a jackass, the cars have patchy build quality, and by all accounts the after-sales service is a bit of a mess... but none of that matters if people are willing to keep buying calls.

 

[fzhfzh]

The only comment I have to add to this thread is "this is why you never short on valuation alone".

I've lost count of the number of hedgies who've been stopped out of short-TSLA positions that they entered into because "the valuation is silly, it's too expensive"... and then "silly" became "even sillier". Elon is a jackass, the cars have patchy build quality, and by all accounts the after-sales service is a bit of a mess... but none of that matters if people are willing to keep buying calls.

The cars are awesome though despite the issues. Highest returning customer rate and recommendation rate despite the issues, that’s the signs of a great product. The ultimate product is one that people will still come back and buy despite knowing all the quality problems.

I’m going to order a model x next year with all the money I made from Tesla. =D

 

[bakuten]

The only comment I have to add to this thread is "this is why you never short on valuation alone".

I've lost count of the number of hedgies who've been stopped out of short-TSLA positions that they entered into because "the valuation is silly, it's too expensive"... and then "silly" became "even sillier". Elon is a jackass, the cars have patchy build quality, and by all accounts the after-sales service is a bit of a mess... but none of that matters if people are willing to keep buying calls.

reminds me of iphones
well polished OS feel and phone design.
expensive
lots of problems.
screws with their own customers all the time.

yet people still keep buying it.

 

[hkchew03]

I guess some are also betting on Tesla FSD. If successful, they will be able to pilot many more new projects beyond just production of cars.

 

[Iyarash11]

If you ask me the entire market is going bonkers. The best bet is on VIX, waiting for the bubble to burst...

it has to burst

 

[fzhfzh]

If you think Tesla is a bubble, it’s because you’ve seen too little of tech stocks and used to investing in value stocks. I have seen nvidia go from 20+ to 200+, twlo from 25 to 200+, Square from 30 to 120+ etc all in less than 5 years. That’s just how tech stocks work. Tesla is not even that spiky compared to some others, like say, Shopify.

 

[3dfxplayer]

There are tons of momentum stocks with obscene valuations in the market now, TSLA is just one of them, its nothing extraordinary relative to these stocks.

 

[Poomer]

If you ask me the entire market is going bonkers. The best bet is on VIX, waiting for the bubble to burst...

agreed. i mean prices right now is like we found the cure for covid and declared victory.

once the fear sets in, its gonna be a long long winter