Tesla Model Y Had Significant Role in Sharp Decline of NIO Sales in China in February

[qwerrty]

Care to make a bet? When Tesla hits a $1 trillion valuation, you are banned from the forum. If Tesla drops to a $100 billion valuation, I am banned from the forum. Deal?

tesla is a fraud ticking time bomb. we've seen many companies with p/e ratio over 1,000 like this before and didn't went well for them

 

[Figaro]

tesla is a fraud ticking time bomb. we've seen many companies with p/e ratio over 1,000 like this before and didn't went well for them

Amazon had a PE ratio very similar to Tesla just a couple years ago and look where they are now. Trailing PE doesn't mean much either tbh ... forward PE is much more important and Tesla's is sitting at just 147, which isn't really high anymore.

Tesla's China-made Model Y takes off despite holiday car sales slump

Tesla's Model Y was the third best-selling electric car in China in February, according to data released Wednesday by the China Passenger Car Association.

www.cnbc.com

"4,630 vehicles, according to data released Wednesday by the China Passenger Car Association"

The real danger for Tesla imho is the humble quality control. They need to get their sh*t together in this regard ... who cares if you have the best technology when you have huge panel gaps or display issues. I know Tesla has improved a lot in Model 3 QC since when I got mine back in 2018 but even now, it is still pretty behind.

 

[Hamartia Antidote]

tesla is a fraud ticking time bomb. we've seen many companies with p/e ratio over 1,000 like this before and didn't went well for them

Keep in mind Tesla came out of nowhere to become the top selling EV company on the planet...surpassing some established players. They are also successful internationally.

Plug-in car sales in Q1-Q4 2020:

1. Tesla: 499,535 (16% share)
2. Volkswagen Group: 421,591 (13% share)
3. SAIC: 272,210 (9% share)
4. Renault-Nissan-Mitsubishi Alliance: 226,975 (7% share)
5. BMW Group: 195,979 (6% share)

 

[KaiserX]

tesla is a fraud ticking time bomb. we've seen many companies with p/e ratio over 1,000 like this before and didn't went well for them

Such as Amazon? When their share price was 600$ their PE ration was x1000 as well yet today their at abt $3000 a share

The current value of tesla should be atleast $1500 a share... reason being Tesla has a huge competitive edge in data, battery technology, and Anonymous driving.

Anonymous robotaxis, driving/user data, and battery technology (can save industries/consumers trillions) have not even been commercialized by tesla but at the moment they are leagues ahead of even google when it comes to driving/energy data.

I also wouldnt count NIO out. They will become Tesla largest competitor in China and maybe even the world. Nios partnership with Sinopec to have battery swapping stations at 500 gas stations by the end of the year will be huge. Nio is projected to product almost 300k vehicles next year which is more than x3 compared to this year. Nio also moved early to install AI into their vehicles which can track user data. This gives them an advantage similar to tesla in the global ev market.

lucid motors... i wont even talk about. Once they produce a few cars then we can discuss :

 

[qwerrty]

you can't compare car company that just selling expensive cars in crowded market with amazon.. lol....

amazon has no competition at home and their main business is selling cheap stuff and they have other businesses like cloud computing that makes majority of the profit for them. they also have other huge potential in online payment like alibaba's alipay. everyone knows how huge alipay is in china. that's why their stock is so high.

Anonymous robotaxis, driving/user data, and battery technology (can save industries/consumers trillions) have not even been commercialized by tesla but at the moment they are leagues ahead of even google when it comes to driving/energy data.

anonymous driving is all hype. the tech is not good enough yet. still long long way to go. too many companies are doing this and tesla is one of the worst. it's a nice extra feature to have, but people don't buy car for that.

 

[j20blackdragon]

More Than Half of Tesla Models in 2021 Will Be Made in China. Of the 900,000 electric cars that Tesla plans to build in 2021, about 550,000 will leave the Shanghai plant, including 110,000 for export to Europe.

More Than Half of Tesla Models in 2021 Will Be Made in China

Of the 900,000 electric cars that Tesla plans to build in 2021, about 550,000 will leave the Shanghai plant, including 110,000 for export to Europe.

www.torquenews.com