Comments on: Tesla Motors Worth $20 Billion (About 42% GM’s Worth), & The One Reason Why

By: Alstonalston

Alstonalston — Tue, 25 Mar 2014 09:51:00 +0000

Adjusted earnings per share were expected to be $0.19 for fourth quarter fiscal year 2013, and $0.63 a share for the full fiscal year. And

By: Dave K.

Dave K. — Wed, 04 Sep 2013 17:46:00 +0000

I have said it before and I will say it again, Elon Musk is a national treasure. Uncle Sam should just write him a blank check, he has never let us down! When they paid off their loans we should have torn up the check, Tesla will spend the money much more wisely than congress.

By: agelbert

agelbert — Wed, 04 Sep 2013 02:30:00 +0000

I think the valuation of Tesla is not just because of the car.

Musk says he is going to do something and he really does it.

In this world of so much CEO mendacity, a person that has integrity and feels a responsibility to tell the truth to his customers and the desire to admit he did something wrong or doesn’t deserve credit for this or that is a rarity. There is no bombast, arrogance or hubris coming from this fellow.

He represents what the term “good will” as an accounting entry used to mean.

It’s not about a cult of personality, either. People just want to deal with a straight shooter. He fits the bill. I hope corporate America (and the rest of the world corporations too) will begin to imitate him instead of being such slick, lying corporate clowns.

We are tired of that. Musk is tapping into a giant need to have a trusted person in authority in this country. If he ever gets in politics, I will vote for him.

If Toyota doesn’t get with the full EV program like Musk, their valuations will switch places in a decade.

By: Ivor O'Connor

Ivor O'Connor — Fri, 30 Aug 2013 11:23:00 +0000

Looking into it a bit more I found this on wikipedia which appears wrong since it does not mention Tesla.

“In April 2012, GM and Ford continued to lose market share as sales were down 8.2% and 5.3% year over year respectively.[30] There have been no independent car makers other than Ford, GM, and Chrysler since the last independent automaker, American Motors, was bought by Chrysler in 1987.”

https://en.wikipedia.org/wiki/Big_Three_(automobile_manufacturers)

By: Ivor O'Connor

Ivor O'Connor — Fri, 30 Aug 2013 11:06:00 +0000

So the big 3 auto makers are now down to 2?

By: jase

jase — Fri, 30 Aug 2013 09:09:00 +0000

Chrysler is owned by Fiat and currently generates most of Fiat’s profits right now. The Jeep Division and Dodge Trucks are particularly profitable. During the Auto bailouts the U.S. Government basically gave Chrysler to Fiat.

By: sean92

sean92 — Fri, 30 Aug 2013 06:52:00 +0000

Chrysler is part of General Motors.

By: Ivor O'Connor

Ivor O'Connor — Fri, 30 Aug 2013 04:26:00 +0000

Excuse my ignorance about mechanical monstrosities but where does Chrysler fit in?

It seems to me Tesla must take all this excess money and invest in itself even more. It’s a crazy ride bootstrapping himself in every direction. I’m sure he’ll continue to manage press releases optimally making the most of each new vertical and horizontal integration.