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The 'Big Short' investor Michael Burry says Tesla stock could plunge 90% — and notes Elon Musk said it was overpriced at $160 last year


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1 hour ago, hyperbole said:

Impossible, they easily worth $300-$400 billion if not 1 trillion 

Do you know how cars Toyota sells and how much is Toyota worth.....

Just do the math mama.....no don't add up at all

But that being said, would never short tesla, I have trust in idiot fan bios

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16 minutes ago, kasi said:

Do you know how cars Toyota sells and how much is Toyota worth.....

Just do the math mama.....no don't add up at all

But that being said, would never short tesla, I have trust in idiot fan bios

Toyota doesn’t have $25k margin on every car sold. Model 3 is the best selling car in europe(not ev but all cars), best selling car in California. Tesla will make more money after sales selling car insurance and monthly full self driving subscriptions. They have a tight business model and it is reflected in the stock price.

ford ceo with his employees yesterday 

"If Ford was a trillion-dollar company, our stock would be worth about $250 a share. Think about the value creation of Tesla right now. And they have resources, smart people, the Model 3 is now the bestselling vehicle in Europe. Not electric. Flat out. It was the bestselling vehicle in the UK. Most months, it’s the bestselling vehicle in California. Not just electric, but overall. If we’re going to succeed, we can’t ignore this competition anymore.

"Look at Tesla, why are they doing what they're doing and what can we learn from them. First, they have a direct model ... There’s no one in between. They make it so easy. Three or four clicks configuring the vehicle with not a lot of complexity to delivering it to the customer. Simple, non-negotiated pricing. A large reservation system as well as remote service.

"Second, Tesla maximizes use of electrons in the vehicle. No one does it better than they do. Their customers pay less for a better battery..."

"Third, the product itself is highly differentiated from the rest of the ICE field and complexity is tiny, compared to OEMs. That allows them to have enormous reuse. Reuse that we’ve never seen in our ICE business. Tesla can scale quickly because of that complexity reduction. They can drive cost down, which they have. They can keep processes simple."

 

 

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14 minutes ago, hyperbole said:

Toyota doesn’t have $25k margin on every car sold. Model 3 is the best selling car in europe(not ev but all cars), best selling car in California. Tesla will make more money after sales selling car insurance and monthly full self driving subscriptions. They have a tight business model and it is reflected in the stock price.

ford ceo with his employees yesterday 

"If Ford was a trillion-dollar company, our stock would be worth about $250 a share. Think about the value creation of Tesla right now. And they have resources, smart people, the Model 3 is now the bestselling vehicle in Europe. Not electric. Flat out. It was the bestselling vehicle in the UK. Most months, it’s the bestselling vehicle in California. Not just electric, but overall. If we’re going to succeed, we can’t ignore this competition anymore.

"Look at Tesla, why are they doing what they're doing and what can we learn from them. First, they have a direct model ... There’s no one in between. They make it so easy. Three or four clicks configuring the vehicle with not a lot of complexity to delivering it to the customer. Simple, non-negotiated pricing. A large reservation system as well as remote service.

"Second, Tesla maximizes use of electrons in the vehicle. No one does it better than they do. Their customers pay less for a better battery..."

"Third, the product itself is highly differentiated from the rest of the ICE field and complexity is tiny, compared to OEMs. That allows them to have enormous reuse. Reuse that we’ve never seen in our ICE business. Tesla can scale quickly because of that complexity reduction. They can drive cost down, which they have. They can keep processes simple."

 

 

model3 best selling car in europe is not entirely true. It was only for one month. Actually VW sold more ev cars than tesla in europe.

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17 minutes ago, hyperbole said:

Toyota doesn’t have $25k margin on every car sold. Model 3 is the best selling car in europe(not ev but all cars), best selling car in California. Tesla will make more money after sales selling car insurance and monthly full self driving subscriptions. They have a tight business model and it is reflected in the stock price.

ford ceo with his employees yesterday 

"If Ford was a trillion-dollar company, our stock would be worth about $250 a share. Think about the value creation of Tesla right now. And they have resources, smart people, the Model 3 is now the bestselling vehicle in Europe. Not electric. Flat out. It was the bestselling vehicle in the UK. Most months, it’s the bestselling vehicle in California. Not just electric, but overall. If we’re going to succeed, we can’t ignore this competition anymore.

"Look at Tesla, why are they doing what they're doing and what can we learn from them. First, they have a direct model ... There’s no one in between. They make it so easy. Three or four clicks configuring the vehicle with not a lot of complexity to delivering it to the customer. Simple, non-negotiated pricing. A large reservation system as well as remote service.

"Second, Tesla maximizes use of electrons in the vehicle. No one does it better than they do. Their customers pay less for a better battery..."

"Third, the product itself is highly differentiated from the rest of the ICE field and complexity is tiny, compared to OEMs. That allows them to have enormous reuse. Reuse that we’ve never seen in our ICE business. Tesla can scale quickly because of that complexity reduction. They can drive cost down, which they have. They can keep processes simple."

 

 

why cant other autos start their own insurance if it's so easy to make money on it? Musk does a great job in pumping the stock thats all. Nothing can justify 1T market cap.

First vadi cars quality better cheskovali lekpothe biscuit ee future lo

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19 minutes ago, hyperbole said:

Toyota doesn’t have $25k margin on every car sold. Model 3 is the best selling car in europe(not ev but all cars), best selling car in California. Tesla will make more money after sales selling car insurance and monthly full self driving subscriptions. They have a tight business model and it is reflected in the stock price.

ford ceo with his employees yesterday 

"If Ford was a trillion-dollar company, our stock would be worth about $250 a share. Think about the value creation of Tesla right now. And they have resources, smart people, the Model 3 is now the bestselling vehicle in Europe. Not electric. Flat out. It was the bestselling vehicle in the UK. Most months, it’s the bestselling vehicle in California. Not just electric, but overall. If we’re going to succeed, we can’t ignore this competition anymore.

"Look at Tesla, why are they doing what they're doing and what can we learn from them. First, they have a direct model ... There’s no one in between. They make it so easy. Three or four clicks configuring the vehicle with not a lot of complexity to delivering it to the customer. Simple, non-negotiated pricing. A large reservation system as well as remote service.

"Second, Tesla maximizes use of electrons in the vehicle. No one does it better than they do. Their customers pay less for a better battery..."

"Third, the product itself is highly differentiated from the rest of the ICE field and complexity is tiny, compared to OEMs. That allows them to have enormous reuse. Reuse that we’ve never seen in our ICE business. Tesla can scale quickly because of that complexity reduction. They can drive cost down, which they have. They can keep processes simple."

 

 

25K margin on high end cars bro, not on every car. Agree that their margin is high compared to conventional car makers but even that would not justify the stock price. It's a cult stock which you need to play as such and not put your life savings in it :). Take profits whenever possible.

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1 hour ago, siru said:

why cant other autos start their own insurance if it's so easy to make money on it? Musk does a great job in pumping the stock thats all. Nothing can justify 1T market cap.

First vadi cars quality better cheskovali lekpothe biscuit ee future lo

It is the integration, tesla app has a drivers score, based on it you can massive discounts, which other ICE car maker uses a phone to manage a car instead of fob?

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1 hour ago, Pavanonline said:

25K margin on high end cars bro, not on every car. Agree that their margin is high compared to conventional car makers but even that would not justify the stock price. It's a cult stock which you need to play as such and not put your life savings in it :). Take profits whenever possible.

35% on model 3, avg margin is 25k

https://thenextavenue.com/2020/06/10/teslas-model-3-profit-margin-is-35-and-it-can-double/amp/

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2 hours ago, siru said:

model3 best selling car in europe is not entirely true. It was only for one month. Actually VW sold more ev cars than tesla in europe.

Still that is a big deal based off on imports from china and usa, if giga berlin comes along then it is over 

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1 hour ago, siru said:

model3 best selling car in europe is not entirely true. It was only for one month. Actually VW sold more ev cars than tesla in europe.

VW seems to be fast catching up in EV market. They aren't really competing with Tesla but creating a new market which Tesla does not serve. VW silently making its mark in EV market in Europe and China. 

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9 hours ago, hyperbole said:

Impossible, they easily worth $300-$400 billion if not 1 trillion 

Edi correct.. max 300- 400 billion worth..  with other companies gaining momentum in ev market slow ga correct avochu if not immediate crash...

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