https://preview.redd.it/zq9i48ytbev91.jpg?auto=webp&s=5297c6967696aad160dfeedec1a8c978ea5071ff
Tesla worth more than the Top 20 European Banks Combined
View Reddit by Infamous_Sympathy_91 – View Source
LEARN ABOUT: Investing During Inflation
REVEALED: Best Investment During Inflation
HOW TO INVEST IN GOLD: Gold IRA Investing
HOW TO INVEST IN SILVER: Silver IRA Investing
Now try with companies like apple and microsoft
So was the Beanie Baby market at one point.
To be fair banks give up a lot of equity value through dividends and have a lot of their capital structure financed with debt.
Sell Tesla control european financial system
But Tesla makes more cars than the 20 biggest banks in Europe. Checkmate Tesla haters
Toyota 220.30B
Volkswagen 76.52B
Mercedes 59.58B USD
BMW 51.40B
General Motors 51.03B
Stellantis NV – 41.87B ( Fiat, Peugeot, Citroen )
Honda – 40.37B
Hyundai – 28B
Nissan – 13.04B
Renault – 9.64B
Total Market Capitalization: 591.73
Tesla Market Capitalization : 671.94
So basically Tesla is worth more than the 10 largest car manufacturers in the world right now. . They are selling 60-70 million cars per year and Tesla is selling 1 million cars per year.
So Tesla is overvaluated
I’m not a great fan of tesla stock either, but compairing it to european banks is just regarded
Fake prices = Great fall
“Worth”!
Ummm… Tesla will probably…. ummm… be worth more than twice Apple and Saudi Aramco combined….. ummmm…. yes….. more than Apple definately more…. ummmm yes Tesla will do that …. ummmm….. next year…. probably
And Apple is worth more than those 21 combined
This apple is worth more than 20 of these oranges combined.
Worth or valued?
Your puts are gone. Let it go.
I like how it only uses selective banks. BPI France is over a 1,000B in assets.
Doesnt it worry you that a car company with pretty low margins and a scary-huge backlog ran by a CEO who just cant focus on one thing long enough to create anything meaningful has a p/e of 77 and is worth more than pretty much all other car companies combined?
Or that the share price isnt dependent on the company and is dependent on elon?
Not a usual wall st bet but I am starting a long position in Lloyds bank next week. Decent dividend, about 85-90% down on 2008. Plenty of room to grow with the rising interest rates. Do your own research, or don’t, I don’t care either way.
I didn’t realize tsla started operating in the banking industry.
Not entirely surprising but opens so many questions like just how over valued is tesla, why so europeans hate capitalism, of those banks are any worth buying?
Aug 19th 2015 someone convinced me to sell my Tesla stock(around $15) and Google stock (around $30.) Here’s an excerpt from the message. This thread reminds me of him.
“I would sell Tesla today (we are looking to short it) and while Google is a great company, they are a good investment because of their search business more than anything. However that search business is highly cyclical.
The most successful investments are boring. Too many people get caught up in the exciting story instead of the real numbers. Stick to the facts and ignore the hype.”
Most over valued stock of all time.
It’s goin down, I’m yellin timber
Europe has banks?
Comparing a company that actually makes a product to a bank..
considering the crimes of HSBC and the fact that they always get away with it with small fees (fuckers fund and have a big money laundering operation for terrorism and druglords, and that is the shit that has been public) I am surprised they are not worth more hahaha.
I dislike Elon, I dislike Tesla stock, I like Tesla as a company. What would be a fair valuation according to you guys?
show me a bubble without showing me a bubble
At one point in time Blockbuster Video probably was also.
So that means Elon is personally worth more than some of those banks lol
apples to dog shit comparison right?
Capitalization maybe. Net assets? Arguable.
The europoors will have the last laugh. I don’t known if most of us will be still alive by then. Banbet!
They don’t call em europoors for nothing
Definitely no problem here
*valued at
“Worth more” on paper
It’s a race to see which column will crash the other, so both columns hate Ukraine
Given traditional car makers have more or less caught up with tesla’s tech & that tesla’self-drive tech still doesn’t work properly Tesla is overvalued, which, in a way, suits the banks as they (or their clients) can use the stock as collateral for their derivative bets.
But as Tesla is having to pay ever more for nickel the firm is likely to start to post poor financial, lowering share price, lowering the collateral meaning unwinding of derivatives & margin calls.
Ultimately this is why, no matter how strong their resolve/bravery, the Ukrainians are fucked, coz a bunch of corrupt greedy stupid degenerate gamblers need Putin’s nickel to keep their rigged casino & associated ponzi schemes afloat
Looks like a new generation of shorts need to learn the golden rule. “don’t bet against Elon”
Good. Stay above them euros
Because Tesla provides more economic value
Yeah and only one of them actually produces anything, the other 20 rely of central banks pumping their balance sheets.
So you’re saying Tesla has more room to drop? Time to buy some puts!!
It’s all made up.
Yes, rightly so. Your point is?