Tesla stock decreased significantly after their latest earnings announcement. It had one of the greatest run ups of to a $200 billion plus market cap in history. In 2020, the stock went from the mid $361 to $1794. Currently, they provide the best option for electric vehicles. Porsche released the Taycan but it costs $100k. Ford's Mustang Mach E looks promising but it won't be out till Fall 2020. In the June quarter, Tesla delivered 90,000 vehicles. At 360,000 vehicles delivered per year and a $262 billion market capitalization, the company is worth $727,000 per car sold. The cars sell for $40k to $130k. BMW sells 2.3 million cars per year with a similar price range. At the same valuation per car, Tesla would be worth $1.6 trillion. -July 24, 2020 #stocks
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For 2017, if Tesla sells 100,000 cars with a market capitalization of $45.3 billion, the company is worth $453,000 per car sold. The model 3 will sell in large quantities, it might sell for an average of $43,000 per car.
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November 2017 - Tesla announces the rebirth of the Roadster with a 0-60 time of an astounding 1.9 seconds. The top speed is over 250 miles per hour and the electric range is 620 miles. This is a supercar with a price of $250,000. With 1000 reservations, that would be $250 million for Tesla. finance
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June 2018 - Tesla is expected to deliver 118,000 model 3 electric cars in 2018 according to Keybanc. This would be about $4.7 billion in revenue.
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Smart sells a two door electric car with a range of 58 miles for $23,900. This is not a significant competitor to the Tesla Model 3 starting at $35,000 in 2018.
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The Chevy Bolt has a range of 238 miles and starts at $37,495. This is similar to the Tesla Model 3 in 2018 although some people may prefer the design of the Tesla.
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The Ford Focus Electric starts at $29,120 in 2018. The range is a 115 miles and the top speed is limited to 84 mph. This does not provide great comparisons to the Tesla Model 3.
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The Jaguar I-Pace is an all electric SUV with a 240 mile range starting at $69,500. It goes from zero to sixty in 4.5 seconds. It's not a price point for everyone but it can challenge Tesla's Model X.
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YouTube in a Tesla Model X with version 10 software update
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February 2020 - Tesla stock has risen from $180 in the middle of 2019 to a high of $960 this year. One analyst expects Tesla to have a $1 Trillion in revenue within a decade. The analyst also put a $7,000 price target on the stock. Considering an average price of a Tesla Model 3 at $42,000, this would mean they would sell 23.9 million cars in one year. According to statista.com, 77 million cars were sold worldwide in 2019. Tesla's market cap is $145 billion and it sold 367,500 cars in 2019. It's currently worth $389,000 per car sold. #stocks
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February 2020 - Tesla has increased to a $150 billion market cap and still has not made a yearly profit. In the last 25 years, technology stocks have had a long run way for profitability. Amazon would be the other example of a stock trading at high valuations before it started to report profits. The price of these stocks may be traded up initially by a limited pool of investors willing to take on the risk of unproven business models. However, once these stocks reach market capitalization milestones, they are added to indexes. Then, the risk is distributed to a broader population through ETFs and mutual funds. One solution is to come up with ETFs which can pool together large capitalization stocks and avoid non-profitable companies. #stocks
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