All depends on your time frame doesn't it. BMW doubled between 2012 and 2015 so bit more movement than graph shows.
Tesla in Nov 1 2017
- Thread starter TraderFromTheEast
- Start date
FIAT - Fix It Again Tony . My cousin had a fiat 124 back in high school. The motor was mounted on hinges so it can be tilted to change the spark plugs. lol1st car I ever drove was a Fiat. I was a 12 years old! Always wanted a Ferrari. Not going to happen.
Thats actually completely the wrong comparison to make:
If you had bought Tesla on 1/1/2013 you would have made ten times your money to today. If you bought BMW - even at the peak in 2015 you would have made only 100%.
But we are talking about buying and going long now aren't we so what's the past got to do with it ?
For a 5 year buy and hold I'd rather have BMW. Tesla looks like too much hope in the price for me and BMW too much fear.
Total market cap of both companies is not that far apart now. Place your bets as you want
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Bah you are changing the goal posts - I wasnt the one that brought up the historical result of BMW. In fact I think the two stocks are incomparable. BMW is a great company and certainly I wouldnt mind owning it - TESLA by contrast I own only through options.
Fiat-Ferrari, same owner?
You started showing historical charts!
Anyway Tesla tanking in after hours now.
BMW may outperform it by 20 % this week
Firts part is done, stock is down from $321 to 306 after hours.
I'm short from $308... its going lower.
Musk said "The model 3 is a 10 year program... whats a few months"? ...
Well, when you burn a billion/quarter.... a few months adds up Elon.
I plan on covering below $299. Tonight.
A funny response at SA from PiccardMade Off:
" what you are missing is simple math, which is similar to "stepped exponential" math only different. IF Tesla manages to increase their Gross margin from 18% to 25% they will continue to lose money. Yes, this is fact even if they double their current production. Now, IF you invoke Stepped Exponential Cocktail Math aka SECM it is obvious that Tesla will need a cash infusion of around $4billion to get through 3Q18 as there are no profits on cash bleed as described in the SECM handbook. But that will lead to more leverage on the books and the fundamentals of SECM dictate that the game will end as no one will lend to Tesla at this point."
" what you are missing is simple math, which is similar to "stepped exponential" math only different. IF Tesla manages to increase their Gross margin from 18% to 25% they will continue to lose money. Yes, this is fact even if they double their current production. Now, IF you invoke Stepped Exponential Cocktail Math aka SECM it is obvious that Tesla will need a cash infusion of around $4billion to get through 3Q18 as there are no profits on cash bleed as described in the SECM handbook. But that will lead to more leverage on the books and the fundamentals of SECM dictate that the game will end as no one will lend to Tesla at this point."