Tesla Model 3 = 24% of Small and Midsize Luxury Car Sales in USA

Re:Tesla Model 3 = 24% of Small and Midsize Luxury Car Sales... by navigatesol on Monday October 07, 2019 @10:59AM (#21181636)

>I have trouble squaring this ostensibly fantastic news with the constant dire predictions about the stock.

The problem isn't the "stock". It's the financials of the company that are an issue.

>simply overpriced

If you think they'll have half a million self-driving, appreciating robo-taxis on the road next year, it's probably cheap. I happen to think that ain't gonna happen.

>is Tesla the company in danger of going bankrupt?

16 years of losses so far. But they've been able to continue to find financing for now. That (We)works until it doesn't.

[ Parent | on HN ]

Re:Tesla Model 3 = 24% of Small and Midsize Luxury Car Sales... by jtaillon on Monday October 07, 2019 @12:18PM (#21182634)

Or it turns Jeff Bezos into the richest man in the world... Anecdata can go both ways!

[ Parent | on HN ]

Re:Tesla Model 3 = 24% of Small and Midsize Luxury Car Sales... by bb822 on Monday October 07, 2019 @01:27PM (#21183520)

The inanity of the comparison knows no end... If you think Tesla and Amazon are similar businesses in any way, I have a short-term, tech-enabled, real-estate company to sell you, too.

[ Parent | on HN ]