• over
  • us
  • euro
  • asia
  • comm
  • over
  • us
  • euro
  • asia
  • comm
  • over
  • us
  • euro
  • asia
  • comm
  • over
  • us
  • euro
  • asia
  • comm
  • over
  • us
  • euro
  • asia
  • comm
Tesla Motors. It's just the beginning
October 24
views 700
9 shares
tesla-motors--it-s-just-the-beginning


Tesla Motors website is more popular than bmw.com, gm.comchrysler.com, toyota.com and many others.

Only Ford.com is more popular than teslamotors.com globally and toyota.com wins Tesla in the US. 


Tesla Motors was founded in 2003. In a short period the company became so popular that even CEO of the company was worried about the stock price exceptional growth (my previous article).


Market capitalisation of Tesla is around 20 bln. For comparison Ford's capitalisation is around 70 bln, GM's - 48,5 bln. These are very strange numbers and first impression is that Tesla is overvalued. Bank of America analyst John Lavallo II released a report Wednesday that called Tesla’s shares “vastly overvalued from a fundamental standpoint” amid the potential NHTSA investigation and concerns about Tesla’s ability to win over consumers in Europe.


But the difference between Tesla and others is that Tesla is an innovative company and there are a lot of expectations. Yes it's very risky but Elon Mask's factor does his job. Many investors think about Elon as the next Steve Jobs.


Tesla is scheduled to report quarterly results on Nov. 5. Till that day bearish feelings can be dominant.

follow