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
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.