[medearis]

If GM's value speculative then Telsa's valuation is completely pulled out of thin air. Just a few months ago Tesla was actually losing money on every car they sold. Now they're asking for government money to stay afloat and promising a 50k sedan for the masses. Let me get this straight... at the moment, they cant build a miata sized roadster with a sparse interior on an existing platform for less than 90k, but in 2 years they're going to have a profitable full-sized sedan to go up against cars like the Lexus GS, BMW 5 and Mercedes E selling for half that?

I love Tesla, but if I had to place my bets, I'd think it more likely that you'll be able to buy a Corvette in 10 years than a Tesla roadster.

[gojomo]

A value "pulled out of thin air" is still better than "almost certainly zero via bankruptcy". And even if Corvettes rather than Teslas are still on sale 10 years from now, that might not mean any value flows to current GM stockholders.

The most likely discontinuity ahead for GM is a zeroing-out of all current stockholders. For Tesla, there are certain discontinuities -- such as acquisition for technology -- that pay off stockholders even if the nameplate disappears.

[rrival]

It's ok. They'll make it up in volume ;)