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  1. #1

    Tesla stock price

    Unbelievable. $510 per share, up 70% in the last 3 months, with a $92 Billion market cap, while Fords market cap is $36 Bil, and GM is $50 Bil. I've seen ONE freaking Tesla on the road.

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    #2
    Quite a few on the road around here. They are setup for the future pretty well. I think that they got a lot of breaks from investors and likely some breaks from the government to get there but they seem to be over the hump.

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    #3
    Probably have seen more than that... They did a good job designing them to blend in with the regular cars... Dan

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    #4
    You live in the wrong place I think...I am in metro Atlanta and I see no less than 10-12 a day. They are everywhere. What amazes me is that the company cant turn a profit, yet the stock soars...what do I know I guess, but that seems to me that’s the norm lately on the stock exchange
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    #5
    They are all over here. Couldn’t pay me to drive one.

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    #6
    Today drove by a mall that must have had 20 charging stations, every one in use.

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    #7
    Tons of Tesla’s on the road here

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    #8
    Tons of them in western wa. Guessing the bulk of their sales are the pnw/ca/ne markets.
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  9. Moderator 200xp's Avatar
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    #9
    They are everywhere in Columbus, OH...and that is childs play to how many you will see in Fort Lauderdale. Also, they are not traded just as a car company, a lot of their valuation is based on them being viewed as a technology company. I have bought and sold their stock 3 times thus far.
    What we cannot obtain from intelligence, we can learn from experience.

  10. Member berudd's Avatar
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    #10
    Quote Originally Posted by mossie3 View Post
    Unbelievable. $510 per share, up 70% in the last 3 months, with a $92 Billion market cap, while Fords market cap is $36 Bil, and GM is $50 Bil. I've seen ONE freaking Tesla on the road.
    There were three on my street yesterday.
    Bruce
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    #11
    Any profits yet?

  12. Member berudd's Avatar
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    #12
    Quote Originally Posted by gatechfan View Post
    You live in the wrong place I think...I am in metro Atlanta and I see no less than 10-12 a day. They are everywhere. What amazes me is that the company cant turn a profit, yet the stock soars...what do I know I guess, but that seems to me that’s the norm lately on the stock exchange
    Its not uncommon to use a business model in the early stages of a company that is not intended to turn a profit. Instead, what might have been profit is reinvested into the the company to help it continue to grow. So, not turning a profit should not be equated to not being successful.
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    #13
    There are a good many on the roads in upstate SC.

  14. #14
    It's just hard for me to grasp that Telsa as a company is worth more than both Ford and GM put together. It's hard to imagine Tesla becoming the most common vehicle make on the road.

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    #15
    Quote Originally Posted by mossie3 View Post
    It's just hard for me to grasp that Telsa as a company is worth more than both Ford and GM put together. It's hard to imagine Tesla becoming the most common vehicle make on the road.
    Its cheaper to be an imitator than an innovator, once the big 3 get nice electrics on the road Tesla will be in a bind.

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    #16
    Quote Originally Posted by Bigbassdaddy1190 View Post
    They are all over here. Couldn’t pay me to drive one.
    Seriously? A good buddy bought the model S and let me borrow it for the day, he insisted. Holy cow what a fun car to drive. 0-60 in 2.3 seconds is what they claim and I believe it. ‘Bout snapped my neck when i stood on it from a stand still. Moving down the highway at 65 and step on it, holy crap, mad acceleration. In a matter of seconds i was hitting 100mph. Suspension was stellar. Interior was well laid out. Fit and finish was amazing. If I had the coin to blow i would own one. I did miss the roar of a combustion engine. Nothing like the sound of a spun up high output 8 cylinder.
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  17. Member juice780's Avatar
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    #17
    I live in western nc and see at least 3 a day. Probably the same ones but they are out there.

  18. Member juice780's Avatar
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    #18
    Quote Originally Posted by Bigbassdaddy1190 View Post
    They are all over here. Couldn’t pay me to drive one.
    Why not.

  19. #19
    What 0-60 time could you expect in their truck with a 521 Ranger in tow?

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    #20
    I can count on one hand the number of them I’ve seen around here.

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