http://www.cleantechblog.com/blog/2013/08/...u-but-what-the-hell.html I do like the Model S. I think Tesla is doing terrific things to the car industry, direct to consumer, aggressive EV range, great looking car. My friends who have one love it. The company is proving it has legs. But, as to the recent market run-up, not to be catty, but are you SERIOUS? Tesla $20 Bil market capitalization Nissan $42 Bil market capitalization GM $46 Bil market capitalization 2013 Electric Vehicle total unit sales GM Volt 9,855 Nissan Leaf 9,839 Tesla Model S 10,650 June Sales Volt 2,698 Leaf 2,225 Model S 1,800 GM non EV revenues $150+ Billion Nissan non EV revenues $120+ Billion Tesla non EV revenues $0 There is something very, very wrong here. Unfortunately this looks like the best short since 2001. It is outselling the Leaf and Volt in some months, but just barely. Let alone the $100 Billion plus in other revenues for GM and and Nissan. How does that warrant Tesla trading at almost half their market cap? I could buy Nissan, sell everything but the Leaf, and have a car business the same size as Tesla and $40 Billion + in the bank.
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