Can anybody explain why Tesla is a $32 Billion company?

Market Cap at close:
Chrysler- $14.7 B
Tesla- $32.4 B
BMW- $54.3 B
Ford- $ $59.6 B
Mercedes- $66.9 B
Toyota- $190.9 B

Toyota is launching fuel cell cars next fall:
http://www.pcmag.com/article2/0,2817,2472317,00.asp

It's only 5 minutes to charge a fuel cell car for 300 miles. It's about 40 minutes for a full charge on a Tesla for 300 miles. The cost of technology for fuel cells is also dropping at a much faster pace. Is it just me or is this stock completely overvalued and in for a rude awakening?
 
TSLA is a momentum stock driven by its growth prospects, especially with the announcement of a lower priced model and the new lithium-ion factory being built in Vegas. It does not trade on fundamentals, so the market cap is out of whack.
 
Tsla's enterprise value is close to Porsche's. Tesla sells a few more cars than Porsche. Which of those two stocks has more upside? Both has a similar capital structure.

Daimler Benz has an enterprise value of 140Bn.

The market caps are distorted because the companies have vastly different capital structures.
 
Hype stock, like a few of the tech stocks today. No profits, huge losses. Kind of following the same trend that most pump and dump penny stocks follow. the only difference, is it takes a little longer for the market to realize this.
 
I think it does trade on fundamentals.
It is the future.
Go drive the car-drink the Koolaid.

Don't believe everything you think.
 
Market Cap at close:
Chrysler- $14.7 B
Tesla- $32.4 B
BMW- $54.3 B
Ford- $ $59.6 B
Mercedes- $66.9 B
Toyota- $190.9 B

Toyota is launching fuel cell cars next fall:
http://www.pcmag.com/article2/0,2817,2472317,00.asp

It's only 5 minutes to charge a fuel cell car for 300 miles. It's about 40 minutes for a full charge on a Tesla for 300 miles. The cost of technology for fuel cells is also dropping at a much faster pace. Is it just me or is this stock completely overvalued and in for a rude awakening?


2 words

Quantitative Easing....
 
Don't like the placement of those hydrogen tanks, but guess that's the safest area and if that area gets damaged your likely screwed anyways.

40Mins to recharge a tesla ?, from a dedicated high output source I bet.

Nissan Leaf is the best in the UK, think 8hours for 90miles total joke.
 
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