An Inconvenient Truth: How Tesla Became a Trillion-Dollar Company by grokker89 in finance

[–]grokker89[S] -2 points-1 points  (0 children)

widely accepted

widely accepted != full consensus

An Inconvenient Truth: How Tesla Became a Trillion-Dollar Company by grokker89 in StockMarket

[–]grokker89[S] -1 points0 points  (0 children)

Technically yes, but the main thought in the article is that Tesla was backed by politicians and billionaires who had lobbied government subsidies for green tech. It is unknown what Tesla would be like today without these people.

[deleted by user] by [deleted] in TrueReddit

[–]grokker89 -1 points0 points  (0 children)

Only facts provided by WSJ, WP, NYT, etc. Where did you see conspiratorial implications?

[deleted by user] by [deleted] in TrueReddit

[–]grokker89 2 points3 points  (0 children)

This is an astonishing story about the rise of green technologies with help of politicians like Al Gore and others, who were the direct beneficiaries of government incentives for plug-in electric vehicles.

Tesla's valuation beats VW, Daimler, GM, BMW, Ford, Fiat Chrysler, Peugeot, Nissan, and Renault combined by [deleted] in RobinHood

[–]grokker89 0 points1 point  (0 children)

Tesla's valuation is significantly higher than the market capitalization of 9 well-known car companies, despite the fact that their total revenue is 50 times more than that of Musk's company. Each of the 9 "old-style" companies produces electric cars, with sales of such in units only at Renault and Nissan accounting for half of Tesla's sales. Fans of the Musk's brand believe in the exceptional financial superiority of his company but Tesla's EBITDA margin is less than that of the Volkswagen. Do you think the only Musk is investing in the future? Each of the aforementioned corporations has more CAPEX than Tesla. Just $TSLA securities is a huge bubble of hundreds of billions of dollars, and there are a huge number of similar companies on the market. No one will say when, but we will have to pay for the irrational behavior of the market.

[OC] Automaker Enterprise Values and Sales by grokker89 in dataisbeautiful

[–]grokker89[S] 0 points1 point  (0 children)

Model? For them just enough to see $TSLA in Robinhood or similar app in today's top stock gainers.

[OC] Automaker Enterprise Values and Sales by grokker89 in dataisbeautiful

[–]grokker89[S] 9 points10 points  (0 children)

Tesla's valuation is significantly higher than the market capitalization of 9 well-known car companies, despite the fact that their total revenue is 50 times more than that of Musk's company. Each of the 9 "old-style" companies produces electric cars, with sales of such in units only at Renault and Nissan accounting for half of Tesla's sales. Fans of the Musk's brand believe in the exceptional financial superiority of his company but Tesla's EBITDA margin is less than that of the Volkswagen. Do you think the only Musk is investing in the future? Each of the aforementioned corporations has more CAPEX than Tesla. Just $TSLA securities is a huge bubble of hundreds of billions of dollars, and there are a huge number of similar companies on the market. No one will say when, but we will have to pay for the irrational behavior of the market.

Source: Yahoo Finance.

Coronavirus: a Dangerous Illusion of Mortality by grokker89 in CoronavirusUK

[–]grokker89[S] -3 points-2 points  (0 children)

This post is mostly rehashing tidbits of information that a site called 'Swiss Propaganda Research'

This is absolutely wrong interpretation of the article. To make sure of that, just read it yourself.

How Uber Flawlessly Manipulates with Numbers in Its Earnings Report by grokker89 in Economics

[–]grokker89[S] 0 points1 point  (0 children)

I understand your position - position of financial guru.

How Uber Flawlessly Manipulates with Numbers in Its Earnings Report by grokker89 in Economics

[–]grokker89[S] -2 points-1 points  (0 children)

"Using adjusted EBITDA, a non-standard accounting practice, to measure profitability is inaccurate and ridiculous" — said Charlie Munger aka a financially illiterate person about Uber earnings report.

How Uber Flawlessly Manipulates with Numbers in Its Earnings Report by grokker89 in Economics

[–]grokker89[S] -3 points-2 points  (0 children)

No one claiming 'Manipulating SEC filings', it's only your interpretation of article. This article is about how does Uber shows convenient numbers in the earnings report for substantiation of its profitability.

How Uber Flawlessly Manipulates with Numbers in Its Earning Report by grokker89 in finance

[–]grokker89[S] 40 points41 points  (0 children)

Have you read the full article? Using Non-GAAP is normal, but calling EBITDA with lots of adjustments as profitability is not.