Re:Tesla Delivers Record 97,000 Vehicles in Q3
by wpietri on Wednesday October 02, 2019 @05:28PM
(#21140931)
Let's also note that it's down 30% from peak this year. And that the price is heavily based on hypothesized future performance. And that Musk took a hype-driven strategy that, while getting him low-cost capital and a lot of free marketing, also has downsides. In particular, it creates a population of skeptics, and increases volatility when negative events cause former believers to become skeptics.
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Re:Tesla Delivers Record 97,000 Vehicles in Q3
by xkjkls on Wednesday October 02, 2019 @07:06PM
(#21141740)
Tesla's hypothesized future performance has continuously been pushed out longer and longer. The consensus 2020 EPS was $18 in 2013, and by today it is a negative number. You can't push out future performance for eternity.
Re:Tesla Delivers Record 97,000 Vehicles in Q3
by Phillipharryt on Wednesday October 02, 2019 @08:04PM
(#21142155)
You realise all stocks are priced based on predicted future earnings right?
Re:Tesla Delivers Record 97,000 Vehicles in Q3
by wpietri on Friday October 04, 2019 @06:38PM
(#21162478)
Hi! Replies generally go better if you assume people know the basics and then interpret what they said in light of that. Assuming for the moment I did know that, what do you think I might have meant?
Re:Tesla Delivers Record 97,000 Vehicles in Q3
by Phillipharryt on Saturday October 05, 2019 @01:11AM
(#21163936)
Why would I assume you knew that? Not everyone is well versed in stocks so I was replying in case you thought tesla was unique in being priced based on speculated future earnings. I admit I said it in a pretty condescending way though.