Posted on 05/11/2013 5:41:08 PM PDT by Libloather
To date, 80 North Carolina residents have squeezed their savings for the bragging right of owning the Tesla Model S electric car, some paying more than $100,000 for their g-force ride, but they may be among the last.
A legislative proposal, backed by the N.C. Automobile Dealers Association, would make it illegal for Tesla, or any other car maker, to bypass dealerships and sell directly in the state. The proposal cuts at the heart of Tesla’s business model: selling luxury cars over the phone or Internet and then delivering them to the front door of high-net-worth customers.
**SNIP**
The whole misunderstanding would go away, the dealers say, if Tesla sold its cars through licensed dealerships. O’Connell countered, in essence, that displaying a Tesla in a showroom of subcompacts and SUVs would be akin to selling Dom Perignon in the food court at the local mall.
(Excerpt) Read more at newsobserver.com ...
Highly likely, in 7 years they will be bigger than all three.
LOL...I wonder if they’re afraid somebody will try to pass off a used coffin as brand new. I’m not sure there’s much use for a casket lemon law. Certainly, there may be a few unhappy buyers, but when it comes to end user complaints, the industry has a perfect, blemish free record!
five bucks they aren’t bigger than all three in seven years.
$5 I am in - larger in Market Cap than all three within 7 years. You may want to hedge that by buying some TSLA stock today. You will be one happy camper in 7 years if you lose.
so what’s all included under the phrase “market cap”? how do we figure out exact worth - stocks, sales, assets, minus liabilities? personally i don’t think it would have to get this granular but i supose we ought to know what we’d be looking at, because i don’t think they will be selling more units than all three big automakers combined seven years from now. i also don’t think their market share will be larger than the big three automakers in seven years. just let me know what you’re considering.
They may not sell more cars within 7 years, but their margins are a lot higher. They may also produce income by selling their technology to other auto manufacturers. Their potential to eventually sell more cars then other car companies will put at a value higher than all three.
If they operate their current California facility to half capacity (250,000 cars a year) or if they start production in their planned Texas facility in 5 years they will easily be valued higher than the other three companies in 7 years.
Check this out: http://www.youtube.com/watch?v=VUgDcA1pZAM
A great American innovation/success story.
Also I did not mean combined, but larger than all three individually.
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