Yeah I just meant that he has a pretty heavy bias towards his own investments like most people and that while he certainly has lot's of wisdom and experience to share, he seems to be basing some assertions off information that might not be relevant anymore.
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Yeah I just meant that he has a pretty heavy bias towards his own investments like most people and that while he certainly has lot's of wisdom and experience to share, he seems to be basing some assertions off information that might not be relevant anymore.
dc_h
Active Member
Bob Lutz and CNBC have it in for Tesla. Cramer I can't explain. High growth equals high valuation. He's ok with high growth~high multiples for Netflix and Amazon, but not Tesla, and he seems to have Anton on his payroll, which
For Lutz, I compare him to the Apollo astronauts who piled on SpaceX as BS crony capitalism. They thought SpaceX was some BS Obama "crony capitalism" (original funding from Bush admin) and thought of it as a political power grab, instead of a company committed to putting America back in space and not just for some military grade patronage. With production and investment cycles in the auto industry so much higher than SpaceX, it will take much longer for Tesla to get the same results. Tesla fans are better off with more analysts hating TSLA. They don't influence many car buyers, and it gives you time to buy more stock. Assuming we bulls are right, by the time Tesla has turned the corner and is ramping up (profitably) Tesla may be in as strong a position as SpaceX is today.
For Lutz, I compare him to the Apollo astronauts who piled on SpaceX as BS crony capitalism. They thought SpaceX was some BS Obama "crony capitalism" (original funding from Bush admin) and thought of it as a political power grab, instead of a company committed to putting America back in space and not just for some military grade patronage. With production and investment cycles in the auto industry so much higher than SpaceX, it will take much longer for Tesla to get the same results. Tesla fans are better off with more analysts hating TSLA. They don't influence many car buyers, and it gives you time to buy more stock. Assuming we bulls are right, by the time Tesla has turned the corner and is ramping up (profitably) Tesla may be in as strong a position as SpaceX is today.
Interesting article related to competitor spending in R&D: Big Auto Lacks a Driver as Suzuki the Latest to Crumble
(I realize this isn't short term related, but this thread seems to be where people go for their long term information as well.)
(I realize this isn't short term related, but this thread seems to be where people go for their long term information as well.)
callmesam
Member
Vox has an interesting article on why we need more companies like Tesla
The American economy's big problem: we don't have enough companies like Tesla
Snippets:
Over the past decade, American companies have been generating more and more profits, and last year they paid more than $1 trillion out to shareholders. But shareholders have struggled to find anything productive to do with the money. If you add up all venture capital firms' investments in 2015 — including big investments in Uber and Airbnb and many smaller investments — the total was just $59 billion. Money raised in initial public offerings accounted for another $30 billion.
The problem for investors is that there just don't seem to be very many companies like this. Too many investment dollars chasing too few investment opportunities.This may also explain the slowing growth of the US economy as a whole. Investments in new factories, equipment, and technologies are a major way that advanced economies grow.
But while there's lots of money available for this kind of investment, it seems to be getting harder and harder to find productive ways to put that money to work.
Definitely worth a read.
The American economy's big problem: we don't have enough companies like Tesla
Snippets:
Over the past decade, American companies have been generating more and more profits, and last year they paid more than $1 trillion out to shareholders. But shareholders have struggled to find anything productive to do with the money. If you add up all venture capital firms' investments in 2015 — including big investments in Uber and Airbnb and many smaller investments — the total was just $59 billion. Money raised in initial public offerings accounted for another $30 billion.
The problem for investors is that there just don't seem to be very many companies like this. Too many investment dollars chasing too few investment opportunities.This may also explain the slowing growth of the US economy as a whole. Investments in new factories, equipment, and technologies are a major way that advanced economies grow.
But while there's lots of money available for this kind of investment, it seems to be getting harder and harder to find productive ways to put that money to work.
Definitely worth a read.
larmor
Active Member
Wayward bear sighted and tranquilized....
Wayward Bear Tranquilized, Removed from Rancho Cucamonga Backyard After Perching Itself in Tree
Wayward Bear Tranquilized, Removed from Rancho Cucamonga Backyard After Perching Itself in Tree
Again he is one of the architects of the GM bankruptcy, why does he get
Any business respect .
Tesla's enormous advantage is going to continue to be deployment of software. With HUD the small improvements with each software iteration will literally be in the driver's face. Traditional auto companies will continue to develop and improve features for each new car year. They will have a very hard time keeping up.
The physical car itself perhaps becomes increasingly less of a differentiator between manufacturers.
FredTMC
Model S VIN #4925
FredTMC
Model S VIN #4925
hockeythug
Active Member
$2b capital raise. Please tell me GS is one of the underwriters. Haha.
FredTMC
Model S VIN #4925
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