Tesla Inc (TSLA)

[jakedogman1]

yes and then the metrics change.... auto company price to sales typically less than 1 (more like .5 for the leaders) ... Tesla at 19 ... avg them out to 9.... 9 times which is still way overvalued and you get $360 bil MC... operating margin for major car companies about 6%... Tesla 6.3%... price to free cash flow 10 to 20, not tesla's 127 ...the more the market realizes this company at the present time looks like a car company with the inherent issues of car companies such as recalls, service etc the more the value metrics follow car companies... granted will be at premium but not 19 times the premium..

the musk ox said company overvalued in may at $140 or $135 bil MC ... what happened since May for the company to be valued at 4 times that? A price split which has no economic impact other than to let inexperienced investors think the stock is a bargain and compare it to pre-split prices?

throw in the fact all the money competitors are spending with the dealership infrastructure in place and things will get ugly... so tesla 4 times better... $160 bil MC vs current $550 bil