S3XY is kind of funny. tesla should buy ford when they declare bankruptcy so they can get the "E" back (Ford owns the trademark on E for cars, apparently).
Telsa is vastly overvalued, and I'm a long term tesla stock holder (bought it when it was $50, sold and bought it a few times). They might get to this valuation when they increase their sales by 10x. I most recently sold at $950. Tesla is doing great and kicking butt, but the other companies will eventually build great cars. Just like IBM was overtaken eventually.
At $25bn market cap, would it be worth Tesla/Elon's time to just buy Ford - get the E - and then sell Ford to Renault or another European manufacturer looking to get scale through mergers?
Telsa is vastly overvalued, and I'm a long term tesla stock holder (bought it when it was $50, sold and bought it a few times). They might get to this valuation when they increase their sales by 10x. I most recently sold at $950. Tesla is doing great and kicking butt, but the other companies will eventually build great cars. Just like IBM was overtaken eventually.