Sweeney wrote:
tri_yoda wrote:
FishyJoe wrote:
SpaceX is the real deal. It's so far ahead of the competition, it still blows me away.
Which is exactly why Musk won't let you invest in it......
This goes along with my original thought, when SpaceX launches a rocket Tesla stock goers up. It's like Tesla stock is Elon Musk stock. And I'm not knocking it. If it comes back down to 200, I'll probably buy it again if things look good to me. It was a lot of fun to own and it did very good for me.
Right from the beginning, I always thought that Tesla would eventually be taken over by one of the major manufacturers, probably Mercedes. It would make much more sense as a mainstream European car, than a boutique American car.
Tell me why you think Tesla stock is worth $200 and Ford stock is worth $10...
"Ford stock opened on Aug. 16 trading at $9.50 per share. By way of perspective, the Ford market cap is now $37.5 billion, just 65% of Tesla’s (NASDAQ:
TSLA) $57-billion market cap.
That’s $37.5 billion for a company whose quarterly sales in June were $38.9 billion. Ford made a profit of $1.06 billion on those sales, enough to pay the 15-cent-per-share dividend with room to spare. Tesla lost almost as much money as Ford made, $742 million, on just 10% of Ford’s revenues, $4 billion."
"The great pleasure in life is doing what people say you cannot do."