Tesla's Success On Wall Street Is Primarily Due To The Competition's Failure To Compete

To say that the last few months have been a roller coaster ride for Tesla is an understatement. Just a few months ago, Tesla stock was closing in on trading below $250 per share, and it was being bashed by a continuous stream of criticism from Wall Street. One analyst even called Tesla “no longer investable” due to Elon Musk’s behavior on Twitter. Short-sellers bet on a dramatic drop, with one stating that it was apparent “Tesla is having difficulties paying their bills.”

And yet, no dramatic drop happened
Read Article

EVisNow - 12/13/2018 3:13:38 PM

-5 Boost

Bankwupt 2018 - 18 days left, probably too late to file ?
Bankwupt 2019 anyone ?
Bankwupt 2020 - rinse & repeat

In the meantime, Tesla is increasing production rate for the Model 3 at 1000+ per day, planning to deliver 3000+ per week in Europe, planning to start production at GF3 in late 2019 for Asia market, unveiling the Model Y and possibly the Tesla Pickup, starting production of the Tesla Semi, ...

Maybe Tesla should trademark a new drink called ICEquila. I'll order a few bottles.

PUGPROUD - 12/13/2018 3:54:47 PM

+4 Boost

Don't look to Wall Street for measuring Tesla's future or that of its EV competition beyond one quarter, the next one. Wall Street rides the hot horse until it stumbles or a faster horse comes along. Personally, with so much change and uncertainty going on in the auto industry its not one I would park any of my retirement funds in.

TheSteve - 12/13/2018 4:49:32 PM

+9 Boost

Tesla's "success" on Wall Street is attributed to enthusiastic fans scooping up TSLA shares and junk bonds, in spite of dismal fundamentals.

Plain fact: The stock's share price does not reflect the actual financial hardship of the company. Even Musk himself recently reveal that Tesla Motors was on the brink of collapse in recent months, and yet "Wall Street" didn't reflect this in it's share price.

At one time, Enron, Nortel, Blackberry all looked like the sky was the limit, as far as stock price was concerned... until they didn't anymore.

Truthy - 12/14/2018 8:33:44 AM

+4 Boost

Two words, "irrational exuberance."

Truthy - 12/14/2018 8:38:55 AM

+4 Boost

This article is from a Tesla fan site. Hardly a impartial source. Again, it is not that traditional automakers cannot compete in this segment, the technology is not unique. It is that the market and infrastructure are not ready in a form that is profitable.
Note that VW has created a charger that is 3X faster than Tesla's.

Tiberius1701A - 12/14/2018 8:55:28 AM

+2 Boost

"This article is from a Tesla fan site." You mean like TeslaSpies?

mini22 - 12/17/2018 2:50:47 PM

+1 Boost

Tesla has been a game changer. Tesla has been an innovator. Tesla has forced all the major car makers to realize the viability of electric cars. In spite of his eccentricities Elon Musk has to be given credit for this. However VAG is a pretty powerful company with lots and lots of money behind it. That allows them to produce volumes that Tesla cannot hope to compete with. Also they will have the flexibility to undercut Tesla in price and volume within the next 2 years. They already have the fast DC charging capability that now exceeds Tesla. Another point. They are going to make their cars look like normal gasoline cars both inside and out. That's going to be an easier sell overall. Tesla may still have a niche market for sure. However they will never be able to produce EV's on the volume scale and eventual price point that VAG, BMW, Mercedes and even Volvo will be able to do.