- 14 Jan 2008
- Reaction score
Elon Musk listed as richest person in the world, according to Forbes today.
Tesla is odd, the biggest EV manufacturer in the world and on the precipice of having working self driving vehicles. How do you price that?
Yeah, about that:
Sure, there's huge potential, and that's difficult to price in, but the most valuable car producer in the world? sounds like a good short position to me.
- Finance – historical and project profit, cash flow and costs
- State of the economy
- Competitors – how much are your competitors (of a similar size) worth?
- Any patents or intellectual property that you own
- Strength of relationships with customers
- Value of assets and debt
- How many regular purchases / orders you have
- People – how loyal are your staff? Is the business dependent upon your personal skills?
- Reputation and brand name
- Marketing activity
Tesla short sellers lost $40 billion in 2020. Elon Musk made more than triple that
I'm not sure there's ever been a year where short sellers in Tesla would have come out ahead.
Tesla has been profitable for five quarters now and becoming more profitable with time.So far, and the higher it goes, without profit, the more likely the fall. I wouldn't bet my house on it, but maybe that's why I've never made money on shares, or horses, or casinos.
Still, if I didn't have bad luck, I wouldn't have any luck at all, as the saying goes.
The main thing that stops them being more profitable is their intent to keep ramping up their volumes
Qué?Investment in plant and machinery does not reduce trading profit.
Generally I use Operating profit or failing that EBT, but if there's a measure you prefer I'm sure you can find it somewhere. I'm not familiar with what 'trading profit' is for a company.What do you mean when you say "profit?"
Bought some materials $1billion
Sold some cars $2billion
Workers pay and benefits $2billion
Interest paid $3billion
Royalty payments $5billion
Elon's private jet $1billion
Depreciation of factory equipment $10billion
What do you calculate the profit to be?
Tesla has been profitable for five quarters now and becoming more profitable with time.
The main thing that stops them being more profitable is their intent to keep ramping up their volumes like their factories are powered by the British strain of Covid-19. The last drop out of profitability was to build their second big factory (China). Whilst still being profitable they've started on two others since then (Berlin, Texas).