Philip ( buy what you understand) 
4062 posts |  Posted by Philip ( buy what you understand) > Nov 8, 2020 8:05 PM | Report Abuse
Can we just concentrate on the business itself? Too much nonsense on how the business is overpriced and not good just to see it rise almost 30% after IPO.
As stanley druckenmiller once told a guy,
I had a guy who managed some money for me come in when the stock was $82. And I think I was 62. [Note: This chronology is incompatible but whatever.] I had given myself a Tesla for my sixtieth birthday. And he had this incredibly effective analysis, like 20 pages of financials about why Tesla was a short. And at then end of this presentation – really well thought-out – I said, “Have you ever driven the car?”
Suffice to say, have you ever spent time buying things at mr diy and really looking at it?
It's really not that hard to do.
>>>>>>>
https://klse.i3investor.com/m/blog/pelhambluefund/2020-10-18-story-h1534705182-_Pelham_Blue_Fund_ANALYSIS_MR_DIY_S_IPO_IS_THE_ONLY_THING_THAT_S_NOT_AL.jsp |
Sslee
4658 posts | Posted by Sslee > Nov 8, 2020 8:51 PM | Report Abuse https://www.cnbc.com/2020/11/06/toyota-president-tesla-valuation-doesnt-reflect-real-world-business.html
Toyota President Akio Toyoda acknowledged that Tesla's valuation of around $400 billion is sky high, exceeding that of all seven Japanese automakers combined.
He also said Toyota could learn from Tesla's success with investors, and its business model, which includes revenue from electric vehicles, regulatory credits, software and renewable energy products.
But, the exec went on to compare Tesla's business to a restaurant still promoting its recipes, while Toyota is more like a restaurant already serving a huge number of customers.
"I am hesitant to say this — Tesla's business, if you want to use the analogy, is like that of a kitchen and a chef," Toyoda said.
"They have not created a real business in the real world yet. They are trying to trade recipes. The chef is saying 'Our recipe is going to become the standard of the world in the future!' At Toyota, we have a real kitchen and a real chef too, and are creating the dishes already. There are customers, who are very picky about what they like to eat, sitting in front of us, and eating our dishes already." |
