SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (166148)12/17/2020 11:02:03 PM
From: TobagoJack  Read Replies (1) | Respond to of 219431
 
ft.com

Tesla: feel the force

Opposing a future of clean energy is a gloomy status for rival carmakers

yesterday
Electric vehicle manufacturers are among the contenders for a place in the new energy economy © BloombergElectric imaginations are required of Tesla shareholders. An equity valuation of almost $600bn envisages a future in which the company dominates vehicle sales and automotive technology.

Perhaps it will. Electric vehicle manufacturers are among the contenders for a place in the new energy economy. Investors continually bid stocks higher, spurred on by government green deals. Opposing a future of clean energy is a gloomy status for rival carmakers.

Tesla is now worth as much as the eight largest legacy manufacturers. How does that stack up against reality? EVs accounted for just 3 per cent of global sales in 2019. But market share is accelerating rapidly. It could hit 17 per cent by 2025, rising to 40 per cent by 2030, thinks UBS. A new, more climate-friendly US administration could even make that estimate look conservative, said analyst Patrick Hummel.


Imagine a world where every other new car sold is an EV by the year 2030. If half of all EVs sold came from Tesla then the company looks undervalued. An 8 per cent operating margin means a current valuation of just 10 times earnings — below the 15 times at which carmakers have historically traded.

Is this possible? Around the world, 60m cars are expected to be produced this year, according to S&P. Tesla is expecting to make 500,000 — a small fraction of the total. But boss Elon Musk, never one to underplay his ambitions, says that he expects Tesla to produce 20m cars by 2027-30.

Even so, combustion engine production in 2030 would still be worth almost $1.4tn in market value using historic metrics. That is a third more than legacy manufacturers are currently valued.

Tesla’s plans will require large funds to overpower legacy car companies. Among entrenched carmakers Volkswagen EVs are selling best in Europe. Tesla’s biggest lead is in its cost of capital. An aptly named $5bn “ATM” share sale will allow it to tap the market for funding as needed. Battery production may be its next advantage. Until then, capacity bottlenecks are expected to be the biggest constraint on future production. Domination is far from certain.

Our popular newsletter for premium subscribers Best of Lex is published twice-weekly. Please sign up here



To: TobagoJack who wrote (166148)12/18/2020 7:20:28 PM
From: Maurice Winn1 Recommendation

Recommended By
pak73

  Respond to of 219431
 
More important than determined is that he's having a LOT of fun.The CEO / Founder is not a kook, and he seems determined
Mqurice



To: TobagoJack who wrote (166148)12/18/2020 9:16:50 PM
From: Lazarus  Read Replies (4) | Respond to of 219431
 
RE: Trump hasn’t lost and is well-supported by 70M,

You might now be up to snuff on the election results.... (sounds like you need some help)

Trump lost both the popular and the Electoral Vote by a landslide.


Just because he hasn't yet come to terms with his loss doesn't make it not so.

He is trying to overturn the results... but that doesnt mean he won, it just means he and his base have not accepted the loss.

His first wife, Ivana said: “He’s not a good loser,” says Ivana, the president's first wife and mother of his three oldest children. “He doesn’t like to lose, so he’s going to fight and fight and fight.”

Trump has publicly stated that he "doesnt like losers" and he also been caught by his onw words and is suffering extreme humiliation



While he boasts that he got the most votes of any sitting president he completely ignores the fact that Biden bot the most votes of ANY PRESIDENT EVER.

I've been a conservative and a registered Republican voting for the majority of the last 50 years that I've beeb eligible to vote. That changed though around 5 years ago and abandoned the R party and currently have no affiliation, but I can assure you there are plenty of folks who voted for Trump in 2016 that have TRUMPGRETS and did not vote for him 2020.

Maybe you can elaborate on just exactly what part of losing you're having a problem with -- I may be able to help,..or simply just state your case as to how he's won.

Why dont you ask the Jack and Coconut who one and let us know what they say.