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XFundManager

05/10/21 11:35 PM

#47774 RE: XFundManager #47773

Tesla will Acquire Ford Or GM In 2021 !!

Founded in 2003, the electric vehicle-maker Tesla Inc (NASDAQ: TSLA) debuted its Tesla Roadster in 2008 and followed that with the Model S in 2012, Model X in 2015, Model 3 in 2017 and Model Y in 2020.

Tesla also sells solar panels and solar roofs, as well as batteries for energy storage.

The idea might seem outlandish at first, but market-capitalization comparisons invite the topic for discussion.

At an Alex Springer conference in Berlin in December, CEO and co-founder Elon Musk touched on the idea of buying a legacy automotive company.

“Well, I think we’re definitely not going to launch a hostile takeover,” Musk said. “So I suppose if there was a friendly one, if somebody said, ‘Hey, we think it would be a good idea to merge with Tesla,’ we certainly could have that conversation. But, you know, we don’t want it to be a hostile takeover sort of situation.”


At the time Musk made the statement, Tesla’s market cap was around $500 billion.

Tesla’s market cap now is $750 billion, over 6 times greater than that of Ford ($41 billion) and General Motors ($72 billion) combined.

Tesla was also completely unfazed by the COVID-19 pandemic sell-off, and its late-2020 addition to the S&P 500 once again pushed the stock to new all-time highs of $900.40 in early 2021. That price corresponds to $4,502 on a pre-split basis.

This week’s study found 40% of traders and investors saying Tesla should not try to leverage its market cap in an attempt do an M&A deal with Ford or GM in 2021.

Around 27% of respondents told us Tesla should try to move forward on an M&A deal with GM in 2021. Many respondents said that since GM now aims to have zero emissions by 2035, why not make it sooner? GM could use Tesla's technology and mass EV production to lower costs that are passed on to consumers.

Finally, 33% of investors believe Tesla should try to do a deal with Ford by the end of the year. They said the marketing for a Tesla-Ford tie-up would be easier than with GM, given the popularity of Ford's Mustang, F-150, Raptor, Expedition and Bronco models.
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JJ8

05/11/21 12:22 AM

#47776 RE: XFundManager #47773

This weekend I visited with my son in law.

He showed me his Model 3. He said "my car is attached to my pad" as he closed the glass windows remotely after we were out of the car.

I prefer the model(s) that have the computer screen integral and flush with the dashboard at the center, and in line with interior extending down.

This model has the computer screen attached at the center and sticking out and high as the car centerpiece. When we got out, he closed the windows using his pad, remotely. The roof was glass. Simple and the inside not much else than the screen at the center. Roomy and elegant. He had the car for about 2 years. He works for Google. On a visit few years ago I was highly impressed by the amenities and conveniences employees enjoyed in a most modern building complex as their working environment. You could eat there, do your laundry, do physical exercise, etc.

I can see how the driving may present such ease using the screen but also present the challenge for those who are not too adept like me, using the computer while driving for possible errors besides dividing one's focus and attention from driving.