22 % in a little more than a week, Timing (NASDAQ: TSLA) Sometimes it seems to behave more pennies than a company, which is worth about $ 900 billion, which was achieved last year by revenues approaching $ 100 billion. However, I was looking for Tesla shares as a possible addition to my wallet for a period of time already – can this last collision provide me with a kind of the opportunity to buy I hope?
What I like about Tesla
My answer depends on the price, which is something that I will enter below. First, though, I must explain why I love the idea of having some Tesla shares at all.
The company is barely more than two decades. But she has already built a huge global manufacturing imprint and sales for her electric cars. Sales sizes decreased slightly last year (and this decrease accelerated this year), but it is still large.
I think the history of Tesla is the conversation indicates two important factors.
First, it is a dangerous competitor in the electric car area. This is a competitive field and risk its competitors Byd Leave it behind it, but it has strengths such as ownership technology, a vertically integrated business model and unique designs.
The second point also jumps from the development of Tesla. Experience has shown not only to imagine new products, but to bring them to the market widely and quickly. She is doing the same thing now through his energy storage department, which, unlike car business, had a very strong first quarter.
Such experience Tesla can help take advantage of some other ideas that sit somewhere between the painting panel and wide -ranging use in the real world, from automatic taxis to robots.
Tesla’s share price is not very loved!
This is important because, which is seen as a car company, Tesla shares will look exaggerated in an exaggerated manner.
As far as I am concerned, the only possible justification for the current evaluation, not to mention the higher evaluation, is the possibility of the company’s plans beyond the business of electric cars.
However, this is where I start dangerous concerns about the evaluation, even after the last collapse in Tesla shares.
Although energy storage is growing rapidly, even along with car business, I don’t think joint evaluation should be anywhere close to $ 900 billion.
At the same time, other ideas are very speculative at the present time – it remains to see when they are widely marketed, if they are. So I think it is difficult to justify anything more than just a fairly modest evaluation for them at this stage, regardless of the size of the long -term capabilities that might look like.
With the amount of the parts, I don’t think Tesla deserves anything like the market value. Therefore, although the share is cheaper than a few weeks, it is still very expensive for me to think about buying so far.
