Investors Increasingly Bank On Tesla, NOT GM Or Toyota To Lead The Market

Investors would bet on Tesla instead of GM and Toyota to lead the auto industry’s technology transition to electric and autonomous vehicles.

As of earlier today, Tesla’s stock price was up almost 80% year-to-date, while Ford and GM are down over 45% and 40%, respectively.

Toyota, the world’s most valuable automaker, is down 15% year-to-date.

Investors and analysts are trying to understand what is happening, and many of them think Tesla will come out of the current crisis stronger than any other automaker.

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ctsang - 4/23/2020 11:24:27 AM

+4 Boost

not surprised

Bach24 - 4/23/2020 12:15:52 PM

-1 Boost

This might make some sense if Tesla didn't lose money on every car they make/sell. I'm reminded of the boat analogy, "it's a big hole in the middle of the ocean that you just throw money into."

SanJoseDriver - 4/23/2020 5:19:49 PM

+1 Boost

2 profitable quarters in a row, we'll see how it goes for Q1.

dlin - 4/23/2020 2:02:10 PM

+1 Boost

Toyota will still be around in 20 years, not the other MFRs mentioned

MDarringer - 4/23/2020 2:13:42 PM

+1 Boost

I wonder who will absorb GM. Geely? Toyota?

Ford will merge, but something tell me they will not do so with VW but rather with someone like Hyundai/Kia.

Elon's game with Tesla ISN'T to become a big automaker, but to sell a house of cards for big money. Elon's at the tipping point right now.

MDarringer - 4/23/2020 2:03:45 PM

-5 Boost

Tesla has a real problem though. Sales of the S and X have tanked and the Y isn't really a crossover. Tesla is developing boondoggles rather than focusing on core models. They need to move beyond the Fusion caricature look and they need more imaginative products.

SanJoseDriver - 4/23/2020 5:22:24 PM

+2 Boost

Tesla isn't slowing down much for Corona. The Chinese factory is fully operational and in the US software work for Autopilot and entertainment didn't skip a beat. If they can get back to semi-decent production in May then they can be fully back on their feet in Q3.

SanJoseDriver - 4/23/2020 5:23:21 PM

+2 Boost

The Y should smash all sales records when it gets to full production, it's the most practical, best bang-for-your-buck car they make.

Deutschland - 4/23/2020 2:36:26 PM

+4 Boost

This article is just common sense. Who would bet on GM to lead the auto industry at this point?

MDarringer - 4/23/2020 3:38:14 PM

-1 Boost

Literally no one as long as the gender token is running things.

runninglogan1 - 4/23/2020 6:00:53 PM

+3 Boost

Ford is doing no better than GM.

MDarringer - 4/23/2020 6:08:25 PM

+1 Boost

Indeed. Ford actually seems to have a product plan if they can just launch well. I hope they are using this time to make sure that the disasters that were the Explorer and Escape launches are not repeated. The Explorer is performing worse than the old model but the Escape is a full-on free fall collapse.

runninglogan1 - 4/23/2020 6:01:54 PM

+4 Boost

Sounds like it's game over after Tesla announces their new battery tech.

Section_31_JTK - 4/24/2020 1:15:29 AM

0 Boost

"Profitable" quarters because of shady accounting and carbon credits doesn't mean the company is actually profitable.

SanJoseDriver - 4/25/2020 1:29:43 AM

+1 Boost

Check how much of their revenue actually comes from carbon credits, it's hardly anything.