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Re:Tencent buys 5% of Tesla by bredren on Tuesday March 28, 2017 @11:53AM (#13977641)
What kind of company would you call it?
Re:Tencent buys 5% of Tesla by tenpies on Tuesday March 28, 2017 @12:25PM (#13977995)
TSLA behaves mostly like 3 X Musk Tweets Bull ETF.
Re:Tencent buys 5% of Tesla by elastic_church on Tuesday March 28, 2017 @02:06PM (#13979019)
Now now, don't give Direxion any ideas
Re:Tencent buys 5% of Tesla by jonknee on Tuesday March 28, 2017 @12:08PM (#13977802)
Every company these days is a tech company in some respects, but I don't think Tesla fits the bill in the general sense. Tesla is a green energy manufacturing company.

The only reason I think this matters is their finances are a lot different than a tech company. You are correct that Tesla is currently priced like a tech company though, so maybe I'm way off!

Re:Tencent buys 5% of Tesla by debaserab2 on Tuesday March 28, 2017 @01:34PM (#13978678)
..so what is a tech company then?
Re:Tencent buys 5% of Tesla by sah2ed on Tuesday March 28, 2017 @11:57AM (#13977685)
A battery/renewable energy company.
Re:Tencent buys 5% of Tesla by reilly3000 on Tuesday March 28, 2017 @12:07PM (#13977784)
I think the key distinction is hard costs. Tech companies have server costs. Tesla has manufacturing and contractor expenses.
Re:Tencent buys 5% of Tesla by jonknee on Tuesday March 28, 2017 @12:11PM (#13977829)
Exactly. Tesla is a tech company like GE is a tech company. It's modern manufacturing.

(This only matters for valuation sake, a classic tech play can achieve profit margins far higher than a manufacturing firm.)

Re:Tencent buys 5% of Tesla by Someone on Tuesday March 28, 2017 @12:56PM (#13978296)
The word "tech" apparently has changed meaning in some circles. https://en.wikipedia.org/wiki/Technology:

"Technology ("science of craft", from Greek τέχνη, techne, "art, skill, cunning of hand"; and -λογία, -logia) is the collection of techniques, skills, methods and processes used in the production of goods or services or in the accomplishment of objectives, such as scientific investigation. Technology can be the knowledge of techniques, processes, and the like, or it can be embedded in machines which can be operated without detailed knowledge of their workings."

You can argue that that isn't accurate, but I don't see how you can argue that the categorical statement "tech companies have server costs" follows from it (I can't even find the word "server" on that page, or on https://en.wikipedia.org/wiki/Tech)

Re:Tencent buys 5% of Tesla by lightbyte on Tuesday March 28, 2017 @12:50PM (#13978242)
Tesla has plenty of server architecture, their cars are constantly talking to it for data collection and updates.
Re:Tencent buys 5% of Tesla by olivermarks on Tuesday March 28, 2017 @01:10PM (#13978420)
I thought panasonic was their white label battery supplier/partner?
Re:Tencent buys 5% of Tesla by sah2ed on Tuesday March 28, 2017 @01:25PM (#13978577)
Yes, but even they can't keep up with the projected demand for batteries which is why Tesla is building out its own factory [1] in partnership with Panasonic [2] to manufacture batteries.

[1] https://www.tesla.com/gigafactory

[2] https://www.tesla.com/blog/panasonic-and-tesla-sign-agreemen...

Re:Tencent buys 5% of Tesla by xadhominemx on Tuesday March 28, 2017 @03:09PM (#13979664)
A car company.