Tesla considering buying a shutterd GM factory again...

[Listener2307]

Originally Posted by ZeApelido

Time for you to start paying attention to Tesla's earnings reports. I think you'll get an answer.

I thought you were on to something I had missed, so I looked:
According to the income statement, they just turned in a huge quarter and even made a little money. But with current assets of 8B and liabilities of 10B, it just doesn't look all that good.
Free Cash Flow of 831M isn't enough, I don't think.
But still, paying 63B Market Capitalization for a company that is going to do maybe 20B is not all that bad.
I won't buy TSLA, but who knows - they might make it after all. Stock really hasn't done much in a couple of years, and I can understand why.

[jackmccullough]

The 60 Minutes story also contained reports of worker safety complaints. It would seem to be ripe territory for UAW organizing, wherever their current and proposed factories are.

[ZeApelido]

Originally Posted by Listener2307

I thought you were on to something I had missed, so I looked:
According to the income statement, they just turned in a huge quarter and even made a little money. But with current assets of 8B and liabilities of 10B, it just doesn't look all that good.
Free Cash Flow of 831M isn't enough, I don't think.
But still, paying 63B Market Capitalization for a company that is going to do maybe 20B is not all that bad.
I won't buy TSLA, but who knows - they might make it after all. Stock really hasn't done much in a couple of years, and I can understand why.

If you assume FCF will be flat for the next 5 years, you will likely be very mistaken.

Model 3 and Model Y expansion alone will at least double those values in < 2 years.

[Quietude]

Originally Posted by ZeApelido

Model 3 and Model Y expansion alone will at least double those values in < 2 years.

Bootstraps are given to breaking at the oddest times.

Sometimes it's even the fingers that break.

[hifijohn]

the workers can take the hyperloop to work.

[ZeApelido]

Originally Posted by Quietude

Bootstraps are given to breaking at the oddest times.

Sometimes it's even the fingers that break.

That's why I gave a conservative estimate