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Originally Posted by JerTM
Like any car, it's only worth what people are willing to pay. People still have stars in their eyes over the pretty, shiny new toys and the promise of future technology. So far that hasn't been delivered. Like said before, if things don't start turning around Tesla will be next to worthless. I truly do hope they succeed, that will help drive other companies to invest in electric.
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Quote:
Originally Posted by strykerg8gt
The valuation is all based on speculation of what they may do in the future. If you were to do a valuation based on tangible assets, then they come nowhere near GM or any major car maker for that matter.
What makes me laugh is that people still put so much faith into Elon Musk even after his numerous failed attempts at delivering vehicles on time, not to mention how many times he's failed at landing that unmanned rocket of his.
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Gotcha, it seems odd how the value of a company can be based on 'future products' when those products haven't even started production. I don't really get that bit of economics or whatever it may be lol
I hope Tesla can deliver on the Model 3. If not, I wonder if that might be the start of the downhill slide for Tesla? As a car company at least... Space-X is it's own entity right?
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2010 2SS/RS
Z/28 intake, NW, FAST 102, speed engineering LT's, some exhaust, ATI -10% pulley, GM flex fuel injectors, DSX flex fuel sensor, MGW shifter, HP Tuners, some suspension work, stickers and a little weight loss. 12.63 @113.53
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