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Re:Tesla Q3 2021 Earnings by kaesar14 on Wednesday October 20, 2021 @05:12PM (#28936694)
Ok, so what margin do you see justifying their valuation? 10%? 15%? The margins of a company like Microsoft who makes their money on software (30%)? Even if you used that last figure, they'd more than 80x over valuation on current earnings. This is a car company. There are fundamental limits on how much money you can make.
Re:Tesla Q3 2021 Earnings by rio517 on Wednesday October 20, 2021 @06:28PM (#28937643)
Didn't they say their operating margin is 14.7% and automotive is indeed close to 30?
Re:Tesla Q3 2021 Earnings by kaesar14 on Wednesday October 20, 2021 @10:22PM (#28939525)
Those include massive subsidies by the government.
Re:Tesla Q3 2021 Earnings by dd36 on Thursday October 21, 2021 @04:01AM (#28941659)
Wasn’t the non-subsidy margin only like 5% less?
Re:Tesla Q3 2021 Earnings by dd36 on Wednesday October 20, 2021 @05:19PM (#28936803)
Current earnings aren’t really relevant when they’re poised to continue growing fast.