Tesla becomes the most valuable US car maker of all time

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Thread: Tesla becomes the most valuable US car maker of all time

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    Tesla becomes the most valuable US car maker of all time




    Tesla has become the most valuable US car maker of all time after the company closed Monday with a market value of $81.39billion.

    The company surpassed Ford Motor's peak of $80.81billion that was set in 1999.
    On Tuesday, Tesla shares continued to climb to nearly 4 per cent to $469.36.

    But Tesla's market value still trails Toyota Motor Corp and Volkswagen AG. Toyota Motor Corp is valued at $227.90billion while Volkswagen sat at $98.65billion by Monday's close.


    Tesla's short sellers have lost a stunning $8.4billion over the last seven months as the electronic car manufacturer's stock hit a record high and beat investor expectations.

    Tesla announced on Friday that they delivered 112,000 vehicles in the fourth quarter, beating the expectations of 104,960 vehicles, according to IBES data from Refinitiv.

    It delivered approximately 367,500 vehicles during all of 2019, just meeting the low end of its target to deliver 360,000 to 400,000 vehicles.

    Tesla said it demonstrated a production run-rate capability of more than 3,000 units per week at the Shanghai factory.
    However, short holders still expect Tesla to be eventually overtaken by more established car companies such as General Motors, Ford and BMW entering the electric car industry.

    'We think questions remain about first half 2020 results and gross margin sustainability; we point out that Tesla is already lowering prices in China and faces a flood of (electric vehicle) competition in the US, with at least 25 new models debuting this year,' CFRA analyst Garrett Nelson wrote in a client note on Friday.

    The gains in Tesla's shares have elevated its market capitalization to more than $80billion, compared to GM's market value of $52billion and Ford's market capitalization of $37billion, according to Reuters.

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    Wow quality RWD luxury carmaker Tesla EV market capital cap $81 billion is worth almost as much as GM/Ford's combined $87 billion market cap.

    Ford's Focus EV has been a total disaster in places like Europe with just 61 units sold in Europe in 2016, and just 70 sold there in 2015 the electric plug got pulled out on the German Cologne Focus EV production line, and Bolt EV sale have not taken off with just 1,100 sales a month in the last US sales quarter.

    Chevy Bolt EV is supposed to be the future face of General Motors what sort of future is that 1,100 sales a month, l wonder if GM will ever do the right thing for once and offer a quality RWD Chevy EV that completes with head on with the Tesla Model 3, sadly l dont hold out much hope sad to say.

    It seems like the lights are on and nobody is in at GM's RenCen
    Last edited by Oldsmobile stopped; 01-08-2020 at 09:27 AM.
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    Re: Tesla becomes the most valuable US car maker of all time

    Yet... how much profit did Tesla generate?
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    Quote Originally Posted by tripowergto Jan2003 View Post
    Yet... how much profit did Tesla generate?
    I'm guessing $35 or so

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    Re: Tesla becomes the most valuable US car maker of all time

    LOL the market cap is high because they see Tesla as the future once the peak oil curve starts to decline and gasoline fuel prices start to surge upwards gradually as oil supply declines, plus Tesla sales up +50% in 2019. Tesla are spending reinvesting a lot of thier profits expanding opening new plants in China & Europe to continue growing whilst others are shrinking thier global operations running closing them down.

    Both Ford and GM made some handsome profits on thier trucks are both looking very financially sound on that, both are looking in great shape financially.

    Especially now the $4 billion ignition switch recall crappy cars is out the way, $25 billion dollar losers Opel Group is off the books sold to PSA at a $4 billion loss to PSA once thier Opel/Vauxhall money pits pension scheme deficits were written off by GM. European Union will be dishing 34 billion Euro CO2 emission fine according to JATO calculations, so Opel Group are about to be hit with a massive fines and huge sales drops to add to thier never ending contiguous falls in market share, they will be forced to offer high loss making EV's to avoid paying huge EU C02 based fine VW, PSA and Ford of Europe will get hit the hardest with fine glad to see they off GM books but they still look they are finishing brands like Holden even though they are gone.

    Can't see the future face of General Motors low Chevy Bolt EV FWD golf cart that losing huge sums of money with 1,100 sales a month driving GM's market cap it would sink GM as a company if this is the best crap GM can come up with as the peak oil curve starts to raidly decline, Americans don't typically drive/buy small FWD golf carts in the gasoline form l guess thats why Wall Street dont see GM as having much of long term future compared to Tesla past the peak oil curve with FWD golf cars, GM should have had done delivered a full sized Silverado EV ages ago show Wall Street GM will be a part of the future not the past. It's a shame GM don't offer have a premium quality RWD Tesla Model 3 rival at Chevy.

    GM finances are pretty sound at the moment the best they have been in decades mainly thanks to the truck profits and a lot of the dead wood has gone.
    Last edited by Oldsmobile stopped; 01-08-2020 at 12:02 PM.
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    Re: Tesla becomes the most valuable US car maker of all time

    US fracking Trumps your peak oil concerns. When are you taking delivery of your new Tesla?

    I agree that the Bolt is NOT the future face of the GM EV zerozerozero movement, especially with the impending loss of the Fed tax credit. I suspect GM will unveil its next EV soon enough, but what's the hurry given the US EV take rate is so low?
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    Re: Tesla becomes the most valuable US car maker of all time

    Quote Originally Posted by Oldsmobile stopped View Post
    LOL the market cap is high because they see Tesla as the future once the peak oil curve starts to decline and gasoline fuel prices start to surge upwards gradually as oil supply declines, plus Tesla sales up +50% in 2019. Tesla are spending reinvesting a lot of thier profits expanding opening new plants in China & Europe to continue growing whilst others are shrinking thier global operations running closing them down.

    Both Ford and GM made some handsome profits on thier trucks are both looking very financially sound on that, both are looking in great shape financially.

    Especially now the $4 billion ignition switch recall crappy cars is out the way, $25 billion dollar losers Opel Group is off the books sold to PSA at a $4 billion loss to PSA once thier Opel/Vauxhall money pits pension scheme deficits were written off by GM. European Union will be dishing 34 billion Euro CO2 emission fine according to JATO calculations, so Opel Group are about to be hit with a massive fines and huge sales drops to add to thier never ending contiguous falls in market share, they will be forced to offer high loss making EV's to avoid paying huge EU C02 based fine VW, PSA and Ford of Europe will get hit the hardest with fine glad to see they off GM books but they still look they are finishing brands like Holden even though they are gone.

    Can't see the future face of General Motors low Chevy Bolt EV FWD golf cart that losing huge sums of money with 1,100 sales a month driving GM's market cap it would sink GM as a company if this is the best crap GM can come up with as the peak oil curve starts to raidly decline, Americans don't typically drive/buy small FWD golf carts in the gasoline form l guess thats why Wall Street dont see GM as having much of long term future compared to Tesla past the peak oil curve with FWD golf cars, GM should have had done delivered a full sized Silverado EV ages ago show Wall Street GM will be a part of the future not the past. It's a shame GM don't offer have a premium quality RWD Tesla Model 3 rival at Chevy.

    GM finances are pretty sound at the moment the best they have been in decades mainly thanks to the truck profits and a lot of the dead wood has gone.
    Peak oil is and was a myth like globaloney warming, tens of millions of people starving, and a new ice age. It didn't happen 10+ years ago as "predicted" and it's not going to happen. That was about selling books and building a fame-based vs. fact-based resume for public speaking tours and professorships and more book tours.

    Oil is being created within Muvver Earff as we speak. Basing your future on "peak oil" is building a foundation on melting glacial ice, which is going to drown us all. Twenty years ago.

    Quote Originally Posted by tripowergto Jan2003 View Post
    US fracking Trumps your peak oil concerns. When are you taking delivery of your new Tesla?

    I agree that the Bolt is NOT the future face of the GM EV zerozerozero movement, especially with the impending loss of the Fed tax credit. I suspect GM will unveil its next EV soon enough, but what's the hurry given the US EV take rate is so low?
    End of debate.
    Last edited by Neanderthal; 01-08-2020 at 12:25 PM.
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    Re: Tesla becomes the most valuable US car maker of all time

    Quote Originally Posted by Neanderthal View Post
    Basing your future on "peak oil" is building a foundation on melting glacial ice, which is going to drown us all.
    But Elon Musk acolytes can set Autopilot in their Tesla vehicles to go straight to Musk's Mars colony before the glaciers melt.
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    Re: Tesla becomes the most valuable US car maker of all time

    Quote Originally Posted by Neanderthal View Post
    Peak oil is and was a myth like globaloney warming, tens of millions of people starving, and a new ice age. It didn't happen 10+ years ago as "predicted" and it's not going to happen. That was about selling books and building a fame-based vs. fact-based resume for public speaking tours and professorships and more book tours.

    Oil is being created within Muvver Earff as we speak. Basing your future on "peak oil" is building a foundation on melting glacial ice, which is going to drown us all. Twenty years ago.



    End of debate.
    LOL l agree with what you say, places were predicted to be under 20 feet water today by now when the merchants of doom were predicting climate change would drown us all back in the 1990's, l personally am a bit more worried about idiots in Iran developing nuclear weapons with a looney with thier finger on the nuclear button, and the damage they would do the planet if they are left unchecked.

    Fuel prices seem to be spiking a little going up already on the threat of a US/Iran it won't take long at $148 a barrel headwind to send GM back into Chapter 11 if the full sized truck profits/sales start to head south, even though GM are in a much better shape financially today to weather another 2009 $148 dollar a barrel oil a geo political storm, sadly this did happen hundreds of thousands lost thier jobs because of high oil price spikes admittedly thier were a few speculators pushing the oil price higher .

    Tesla seem to be riding of the back of this sentiment, and ride on the environmental legislators seem to get things done for free riding off the back of it.


    Reality check:-( This is already happening now in the real world now

    European Union legislators have started to hit European carmakers with 34 billion Euro C02 based fines from the start of 2020, Jato who collect car brand fleet C02 emissions data/car sales data say VW will get hit with the highest EU C02 based fines of around $9 billion Euro's that will wipe out all thier profit and kill sales in 2020 in Europe.

    Tesla are riding off the back of this climate change thing the smart way not fighting it using it to get things done for free, Telsa are selling Fiat (who already themselves are a very low C02 emissions brand) 2 billion Euros worth off C02 credits so Fiat escape EU C02 based climate change fines. Tesla have used this revenue to build their new Tesla plant in Europe for free where they will be able to expand selling more CO2 credits to others as thier sales rocket. Sad to say the same thing will happen in California lots of other states and elsewhere globally.
    Last edited by Oldsmobile stopped; 01-08-2020 at 01:23 PM.
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    Re: Tesla becomes the most valuable US car maker of all time

    I for one hope Tesla succeeds. It's an American company that can take it to the Germans, something Lincoln and Cadillac haven't quite been able to do

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    Re: Tesla becomes the most valuable US car maker of all time

    This is great for California and for Tesla. Hopefully, the other auto companies in the United States, (GM. Ford. Rivian etc) get a piece of the action.

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    Re: Tesla becomes the most valuable US car maker of all time

    Quote Originally Posted by tripowergto Jan2003 View Post
    Yet... how much profit did Tesla generate?
    Zero ...... Zero ......... Zero?.........


    Quote Originally Posted by BlackGTP View Post
    I for one hope Tesla succeeds. It's an American company that can take it to the Germans, something Lincoln and Cadillac haven't quite been able to do
    Elon is one of those guys many love to hate; the cars may have so unique battery/motor technology, but the cars and customer service appear to be circa GM 1979.
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    Re: Tesla becomes the most valuable US car maker of all time

    Quote Originally Posted by tripowergto Jan2003 View Post
    I agree that the Bolt is NOT the future face of the GM EV zerozerozero movement, especially with the impending loss of the Fed tax credit. I suspect GM will unveil its next EV soon enough, but what's the hurry given the US EV take rate is so low?
    2019 Sales:
    BMW 3 Series - 47,827
    Cadillac ATS - 10,859
    Tesla Model 3 - 158,925

    As recently as 2014, BMW sold just over 100K units of 3 Series, and 2013 was the ATS's best year at 38,319 sales. Meanwhile, not only was 2019 the best year ever for the Model 3, it sold 19,143 more units than 2018. You can make excuses, claim it's not apples-to-apples, etc. The fact is that the cars are comparable in size, performance, luxury features/tech, image--and they sell in the exact same price range. People are already voting with their wallets, and this is why Cadillac is working to reinvent itself at the forefront of technology by going electric. No, not everything needs to be electric. But to maintain that nothing should be, is clearly ignoring the facts.

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    Quote Originally Posted by eb110americana View Post
    2019 Sales:
    BMW 3 Series - 47,827
    Cadillac ATS - 10,859
    Tesla Model 3 - 158,925
    ..,
    Hey cool, could I ask where you’re seeing Tesla USA sales info? All I’ve located is global sales for the whole company. Thanks.

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    Re: Tesla becomes the most valuable US car maker of all time

    Quote Originally Posted by eb110americana View Post
    No, not everything needs to be electric. But to maintain that nothing should be, is clearly ignoring the facts.
    I'm not suggesting that GM should offer "nothing" electric. The Bolt remains the current EV placeholder and we should see a Caddy EV later this year that SHOULD be close to market ready. I owned a Gen1 Volt for over 5 years and my daughter owns a Gen2. Voltec fit our family needs much better than any pure EV. If GM is losing money on the Bolt(especially with no tax credit), I doubt they're in any hurry to lose even more money further marketing it.
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    Re: Tesla becomes the most valuable US car maker of all time

    Quote Originally Posted by Ed753 View Post
    Zero ...... Zero ......... Zero?.........




    Elon is one of those guys many love to hate; the cars may have so unique battery/motor technology, but the cars and customer service appear to be circa GM 1979.
    Yes, he seems to have a lot of hate directed at him. He doesn't bother me at all, maybe because I am really interested in the tech, etc (boring company, space flight, etc), that I just look past some of his quirkiness. I see him as a visionary and look past his non-standard business running skills.

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