Shares of Tesla reach new record [$21,6 billion]

Posted on 20-09-2013 at 7:56 by ricardo – 21 Comments”

Beurslieveling Tesla (TSLA) is rising to new all time. With nearly $ 178 a share, the company yesterday 7% increased in value. Meanwhile, buzzt there is but one thought by the heads of critics; when bursts the bubble?

It is ironic to see how Fisker still worse off and is likely in October to the auction house is led, while Elon Musk’s baby in the stock market to astronomical values climb. In may, we knew we were still to report that Tesla a market capitalisation of 8,76 billion dollars, and therefore already worth more than Fiat/Chrysler, now it is increased up to 21,6 billion. The stock closed yesterday at 177,92 dollar.

The chart that says everything

The share rose yesterday sharply after an analyst from Deutsche Bank the prijsdoel increased from $160 to $200 per share. Holy f*ck, and that for a company that in its ten years of existence less than 20.000 cars. But well, the stock price is based on future expectations. And that are good for Tesla.

The verkoopverwachting for the third quarter namely again transcended, and it seems that the ramp up of Model S production in California, without any problems. Also the start of extradition in Europe, as well as the increased demand in the U.S. after the publication of the crashtestresultaten, contributes to this.

Oh, and then there is the plan of Musk to within three years of a car on the road to have that for 90% autonomous driving. And also check that plans for a complicated hybrid battery.

Or Elon Musk is happy with his inflated share? Not exactly, as he said recently:

“I really feel like the valuation we have right now is more than we have any right we have to deserve, honestly”

Wise note, Elon.