Good Sam Club Open Roads Forum: Tesla Semi truck unveil & test ride set for Oct 26th !
Open Roads Forum Already a member? Login here.   If not, Register Today!  |  Help

Newest  |  Active  |  Popular  |  RVing FAQ Forum Rules  |  Forum Posting Help and Support  |  Contact  

Search:   Advanced Search

Search only in Tow Vehicles

Open Roads Forum  >  Tow Vehicles

 > Tesla Semi truck unveil & test ride set for Oct 26th !

Reply to Topic  |  Subscribe  |  Print Page  |  Post New Topic  | 
Page of 610  
Prev  |  Next
time2roll

Southern California

Senior Member

Joined: 03/21/2005

View Profile



Good Sam RV Club Member


Posted: 01/21/20 09:56pm Link  |  Quote  |  Print  |  Notify Moderator

Another crack in the National Automobile Dealers Association to prevent Tesla from selling direct.
I do wonder how the sales tax will work as apparently Tesla still needs to be registered out of state and brought in to MI. I have a feeling MI might be losing out and could add pressure.

https://www.autoblog.com/2020/01/21/tesla-michigan-sales-title-news/

* This post was edited 01/21/20 10:05pm by time2roll *


2001 F150 SuperCrew
2006 Keystone Springdale 249FWBHLS
675w Solar pictures back up

philh

Belleville MI

Senior Member

Joined: 05/11/2015

View Profile


Offline
Posted: 01/22/20 09:46am Link  |  Quote  |  Print  |  Notify Moderator

I don't understand the statement about service in MI. I frequently see a Tesla "service van" on my drive in to work in the morning. If it's not servicing Tesla, then what's it doing? I'm also curious about titling out of state. I can buy any other new vehicle across state line and if I understand correctly, it doesn't get titled in the other state first. The original article I think appeared in mlive... and they are like the CNN of mi news, lot of made up stuff.

Groover

Pulaski, TN

Senior Member

Joined: 10/17/2007

View Profile


Offline
Posted: 01/22/20 11:45am Link  |  Quote  |  Print  |  Notify Moderator

Tesla is not the second most valuable car company on the planet.

The 10 most valuable car companies in the world.
Toyota Motor Corp. ( TM): $211 billion.
Tesla (TSLA): $106 billion
Volkswagen AG (VOW.DE): $80 billion.
General Motors (GM): $52 billion.
Daimler AG (DAI.DE): $49 billion.
Honda Motor Co. ( HMC) $42 billion.
BMW (BMW.DE) (BMW.MI): $42 billion.
Ford Motor Co. ( F): $36 billion.

I finally sold my GM stock yesterday. After holding it for 5 years all that I have to show for it is the dividends. No, I did not buy TESLA. I am not quite as optimistic as some people but I do plan to buy one in about a year.

Yosemite Sam1

Under the pines.

Senior Member

Joined: 03/28/2018

View Profile



Good Sam RV Club Member

Offline
Posted: 01/22/20 12:16pm Link  |  Quote  |  Print  |  Notify Moderator

philh wrote:

I don't understand the statement about service in MI. I frequently see a Tesla "service van" on my drive in to work in the morning. If it's not servicing Tesla, then what's it doing? I'm also curious about titling out of state. I can buy any other new vehicle across state line and if I understand correctly, it doesn't get titled in the other state first. The original article I think appeared in mlive... and they are like the CNN of mi news, lot of made up stuff.


We find it nuts too! Why won't MI allow it's citizens to buy their cars directly without the add-on profit by the dealers?

The government must be in their pockets or the puppets of dealers' lobbyists.

MNGeeks61

Minneapolis, MN

Senior Member

Joined: 02/10/2014

View Profile


Offline
Posted: 01/22/20 12:27pm Link  |  Quote  |  Print  |  Notify Moderator

Groover wrote:

Tesla is not the second most valuable car company on the planet.

The 10 most valuable car companies in the world.
Toyota Motor Corp. ( TM): $211 billion.
Tesla (TSLA): $106 billion
Volkswagen AG (VOW.DE): $80 billion.
General Motors (GM): $52 billion.
Daimler AG (DAI.DE): $49 billion.
Honda Motor Co. ( HMC) $42 billion.
BMW (BMW.DE) (BMW.MI): $42 billion.
Ford Motor Co. ( F): $36 billion.

I finally sold my GM stock yesterday. After holding it for 5 years all that I have to show for it is the dividends. No, I did not buy TESLA. I am not quite as optimistic as some people but I do plan to buy one in about a year.


?

Wish you'd post links. Even Teslarati says differently. 3rd most valuable. Very possible for it to jump to 2nd.

Also very possible for it (although unlikely) to come crashing all down. [emoticon]

click

Reisender

NA

Senior Member

Joined: 12/09/2018

View Profile


Offline
Posted: 01/22/20 12:35pm Link  |  Quote  |  Print  |  Notify Moderator

Here you go.

https://electrek.co/2020/01/22/tesla-tsl........rket-100-billion-musk-compensation-plan/

wilber1

Abbotsford B.C.

Senior Member

Joined: 12/16/2002

View Profile



Posted: 01/22/20 12:35pm Link  |  Quote  |  Print  |  Notify Moderator

Groover wrote:

Tesla is not the second most valuable car company on the planet.

The 10 most valuable car companies in the world.
Toyota Motor Corp. ( TM): $211 billion.
Tesla (TSLA): $106 billion
Volkswagen AG (VOW.DE): $80 billion.
General Motors (GM): $52 billion.
Daimler AG (DAI.DE): $49 billion.
Honda Motor Co. ( HMC) $42 billion.
BMW (BMW.DE) (BMW.MI): $42 billion.
Ford Motor Co. ( F): $36 billion.

I finally sold my GM stock yesterday. After holding it for 5 years all that I have to show for it is the dividends. No, I did not buy TESLA. I am not quite as optimistic as some people but I do plan to buy one in about a year.


It's the stock market. When it comes to production numbers, Toyota and VW are the largest by far. Hyundai #3 and GM #4.


"Never trust a man who has not a single redeeming vice" WSC

2011 RAM 3500 SRW
2015 Grand Design Reflection 303RLS

Yosemite Sam1

Under the pines.

Senior Member

Joined: 03/28/2018

View Profile



Good Sam RV Club Member

Offline
Posted: 01/22/20 12:39pm Link  |  Quote  |  Print  |  Notify Moderator

wilber1 wrote:

Groover wrote:

Tesla is not the second most valuable car company on the planet.

The 10 most valuable car companies in the world.
Toyota Motor Corp. ( TM): $211 billion.
Tesla (TSLA): $106 billion
Volkswagen AG (VOW.DE): $80 billion.
General Motors (GM): $52 billion.
Daimler AG (DAI.DE): $49 billion.
Honda Motor Co. ( HMC) $42 billion.
BMW (BMW.DE) (BMW.MI): $42 billion.
Ford Motor Co. ( F): $36 billion.

I finally sold my GM stock yesterday. After holding it for 5 years all that I have to show for it is the dividends. No, I did not buy TESLA. I am not quite as optimistic as some people but I do plan to buy one in about a year.


It's the stock market. When it comes to production numbers, Toyota and VW are the largest by far. Hyundai #3 and GM #4.


And the value changes every time their stock price swing up or down.

Apple, Microsoft, Google and Amazon are in those change in rankings every time.

mich800

Pontiac, MI

Senior Member

Joined: 05/30/2004

View Profile



Posted: 01/22/20 01:34pm Link  |  Quote  |  Print  |  Notify Moderator

Groover wrote:

Tesla is not the second most valuable car company on the planet.

The 10 most valuable car companies in the world.
Toyota Motor Corp. ( TM): $211 billion.
Tesla (TSLA): $106 billion
Volkswagen AG (VOW.DE): $80 billion.
General Motors (GM): $52 billion.
Daimler AG (DAI.DE): $49 billion.
Honda Motor Co. ( HMC) $42 billion.
BMW (BMW.DE) (BMW.MI): $42 billion.
Ford Motor Co. ( F): $36 billion.

I finally sold my GM stock yesterday. After holding it for 5 years all that I have to show for it is the dividends. No, I did not buy TESLA. I am not quite as optimistic as some people but I do plan to buy one in about a year.


To put that in perspective and how crazy the Tesla valuation is for long term investing.

Toyota sold around 2.5 million vehicles last year. That means the imputed growth multiple in the Tesla stock price is 1.5 million vehicles per year assuming valuing per Toyota. So a couple things need to happen eventually or Tesla will come crashing down. They steal every other mfgs sales. Or total annual auto sales need to nearly double. What is the likelihood of either scenario?

You can like Tesla vehicles and what they are doing in the automotive industry. But investors are taking pretty big gambles at current irrational (for lack of a better term) multiples for Tesla stock.

Groover

Pulaski, TN

Senior Member

Joined: 10/17/2007

View Profile


Offline
Posted: 01/22/20 01:48pm Link  |  Quote  |  Print  |  Notify Moderator

MNGeeks61 wrote:

Groover wrote:

Tesla is not the second most valuable car company on the planet.

The 10 most valuable car companies in the world.
Toyota Motor Corp. ( TM): $211 billion.
Tesla (TSLA): $106 billion
Volkswagen AG (VOW.DE): $80 billion.
General Motors (GM): $52 billion.
Daimler AG (DAI.DE): $49 billion.
Honda Motor Co. ( HMC) $42 billion.
BMW (BMW.DE) (BMW.MI): $42 billion.
Ford Motor Co. ( F): $36 billion.

I finally sold my GM stock yesterday. After holding it for 5 years all that I have to show for it is the dividends. No, I did not buy TESLA. I am not quite as optimistic as some people but I do plan to buy one in about a year.


?

Wish you'd post links. Even Teslarati says differently. 3rd most valuable. Very possible for it to jump to 2nd.

Also very possible for it (although unlikely) to come crashing all down. [emoticon]

click


There are numerous articles on this but here is one from this morning:

Bloomberg Tesla value

"While Musk’s skeptics are dubious that Tesla should be worth more than a carmaker that sold almost 30 times as many vehicles last year, Volkswagen’s own Herbert Diess isn’t so dismissive. He’s been arguably the most vocal CEO among traditional carmakers to praise Tesla and point to its role in a radical shakeup of the more than century-old auto industry."

As I said, I am not confident enough in it to invest my savings but on the other hand stock price now is based on what you think it will be worth in the future. Right enough people believe that Tesla has more potential than anyone else to create that price. A number of things could bring it down but a lot of good news has been coming out lately.

Reply to Topic  |  Subscribe  |  Print Page  |  Post New Topic  | 
Page of 610  
Prev  |  Next

Open Roads Forum  >  Tow Vehicles

 > Tesla Semi truck unveil & test ride set for Oct 26th !
Search:   Advanced Search

Search only in Tow Vehicles


New posts No new posts
Closed, new posts Closed, no new posts
Moved, new posts Moved, no new posts

Adjust text size:




© 2020 CWI, Inc. © 2020 Good Sam Enterprises, LLC. All Rights Reserved.