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by naedish
3274 days ago
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Talking about share prices is pointless without referring to number of shares. Tesla wouldn't be worth 16 times more than Ford just because their share price was 16 times higher. Tesla's market cap being $11B higher than Ford is surprising but then Tesla has momentum that investors are factoring in to the potential future value of the company. Ford has cash-flow but is stagnant; Tesla announced in May that they doubled their Revenue from 1st quarter 2016. The challenge for traditional car companies is that their new competitor is acting and being treated by investors as a speculative stock. Also, in your comparison of the financials you have called Tesla's after tax income for 2016 their revenue. And Fords capex for 2016 was just under 7B. From where did you source those figures? (Ford) http://www.marketwatch.com/investing/stock/f/financials
(Tesla) http://www.marketwatch.com/investing/stock/tsla/financials |
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