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In Reply to: RE: From my perspective, you missed entirely... posted by AbeCollins on May 17, 2017 at 11:58:09
...so here it is in one sentence. "I believe current market demand for stock price run-up vs more traditional ROI is unsustainable in the long term and is ultimately bad for most investors and the nation as a whole." There is absolutely no question that Tesla totally outperforms GM, Ford and most other "legacy" mfgrs of anything when measured by the "new" standards of financial performance. And Tesla and a lot of other techs do this while showing no traditional profit or paying dividends.
Follow Ups:
What you said in your first post could only have one meaning and I responded to it appropriately.
You should have said what you meant in the first place instead of back peddling with a totally different explanation in your subsequent posts.
Yes, you've done a fine job of subsequently explaining what your REALLY mean. Totally different from what you SAID in your first post.
But OK, I got it.
...maybe too subtle.
On a closing note, I read of speculation by investors that even Tesla's future is not so bright. One version is that self driving autos will bring commodification to the market. The analogy these people draw is to mass transportation vehicles: most people don't care who made their bus ride or what it looks like. Exceptions for emerging rock and country stars and well off retirees with busses acting as high end motorhomes.
but I think we're on the same page now.
To add to your last comment......
"Millenials also said that when going out for an evening with friends, they use ridesharing services 70 percent of the time. ReportLinker stated one factor in millennials' ridesharing use is that fewer have their own cars. The survey found that while 91 percent of older generations are car owners, only 78 percent of millennials have their own wheels."
At one time Uber approached Tesla about some sort of partnering arrangement and Tesla turned them down. I don't know where Tesla stands today.
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