Tesla - How shorts got burned good

Ever drive a Tesla? They're pretty bad-ass. Responsive... quick... only 14 moving engine parts.

My only gripe is that they don't have an affordable SUV body style.
 
Ever drive a Tesla? They're pretty bad-ass. Responsive... quick... only 14 moving engine parts.

My only gripe is that they don't have an affordable SUV body style.

The market doesn’t care how good the car is. It only cares about future cashflow.
 
The market doesn’t care how good the car is. It only cares about future cashflow.

The future cash flow of a robotaxi, all model 3 leases do not include an option to buy at the end of the term, $30,000 profit * 1 million cars = $30bn * 20 p/e = $600bn market cap.
Source of figures Tesla autonomy day.
 
The future cash flow of a robotaxi, all model 3 leases do not include an option to buy at the end of the term, $30,000 profit * 1 million cars = $30bn * 20 p/e = $600bn market cap.
Source of figures Tesla autonomy day.


Tesla isn’t selling 1mm cars/year
 
Future cash flow, I did not say they were selling 1 million cars a year.

If you take cashflow and multiply it by a multiple and don’t discount that with a discount rate, you are saying they are making that cashflow now (and will continue to for a long time).
 
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