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It still need new placing each year to survive. Sorry but thats all you need to know.
Oh dear Monty you really don’t have a clue do you ??
Good night , that’s me off for beers in the Portuguese sun…….much better than conversing with someone who clearly doesn’t understand Tesla in the slightest ………
Whos going to pay a fortune for mcu data?
1st timelycky. I cant see value in tesla. Please expain where it is. They make average cars and are a little ahead of the curve. Others will catch up and be cheaper.
I do not think their future valuation will stand up for long. There are two many other car companies out there gearing up to eat their lunch.
The current p/e ratio of 250 would suggest their share price is all in perceived future value, and not reflective of current revenue. I also think it is a Ponzi scheme destined to crash.
Monty - I think you will find Tesla don’t just make cars , the “data “ they have and continuously collected from the MCU computer in each car is worth a fortune in itself . Oh and they are making very good money out of the metal now .
Seriously do some research before coming out with complete b0llocks.
We al know about tesla but i bet not one person here would invest in them.
They make no money from cars , its just a ponzi.
When its crashes I want to be well out of the way.
Would be $4000 if it wasnt for the stock split.
His approach probably went like, well, how much do you want, i have a little bit tucked away for a rainy day lol -
"Tesla joins elite club as its market cap passes $1 trillion for the first time"
https://fortune.com/2021/10/25/tesla-market-cap-passes-1-trillion-first-time-apple-microsoft-facebook-amazon-alphabet/
GLA
Indeed Carskennygreen, even vast billion $ prices for us would be peanuts to him at the moment, didn't he just join the trillion dollar company club?
Then you have all of the other car companies who need to catch up with him, he's currently dominating European sales -
"Tesla Model 3 becomes first EV to top European monthly sales"
https://www.reuters.com/business/autos-transportation/tesla-model-3-becomes-first-ev-top-european-monthly-sales-2021-10-25/
It's at the stage where they have to get tough over supply chains and resources in order to simply compete!
Tesla, Elon was always the catalyst for the far wider change.
GLA
GLA
2 years ago SP $70 today over $1000,it would be loose change for Elon
Globally there are plans for 247 battery plants with a total output of more than 4,600 GWh, according to Benchmark Minerals, a data company. The industry is dominated by Asian companies, including China’s Contemporary Amperex Technology Ltd, South Korea’s LG and Japan’s Panasonic.
Europe and the US are generally regarded to be behind in producing car batteries. However, a wave of investment has swelled in Europe in recent years, including inward investment by Asian companies and startups such as Northvolt.
Battery production ramping up , materials obviously in demand !
Really Peter, how did you arrive at that conclusion? -
"Areas of Research
Projects from any field of science and technology can participate in the competition. However, palladium applications in the hydrogen economy (including hydrogen storage and cleaning films, catalysts for electrolyzers and fuel cells, and hydrogen sensors), battery technologies (with palladium as a battery energy density booster), sensors, industrial catalysts or alloys are seen as the most promising areas of the research."
https://ipmi.corgano.com/?fbclid=IwAR28ygj5JdkXlCidUZ_UaJKnjYgRZdGJ4KvmsNT6FMTS0EqwM4HgOMymdNY
People need to do some actual research before commenting, it may help a great deal!
GLA
Car manufacturers would need to find an alternative source for pgm’s because by the time eua’ s is mined new car technology will be here
Tesla, Toyota, Volkswagen Group and many many others all require the metals that Eurasia has in abundance!
West Kytlym has had a full season processing metals, that's a rock solid blueprint of how Eurasia know very well how to take open pit deposits to production.
GLA
It's going to be a huge big bad dog fight for what Eurasia has for sale, make no mistake about that. Ignore all of the petty arguments and nonsense spouted on here and just focus on the fundamental facts, both of the company and of the far wider market and demand scenario which has formed.
There are many who appear here to simply argue and disrupt, all when the SP has moved a little bit. It happens every time, i imagine most shareholders are as bored of it as i am at this stage, so, just green bin them and let them talk to themselves.
GLA
Read it yourself, courtesy of MuesliBrown on twitter -
https://twitter.com/iMuesliBrown/status/1452926490094579713?t=132L9womDxQmhTiJcKbaYA&s=19
Now, imagine big car companies and big mining consortiums in a bidding war!
An entire district full of PGM's, Nickel, Copper and Cobalt sits under Eurasia's command!
GLA