Cake
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    • Tesla is, IMHO, a massively overvalued company. I wouldn't own their stock at this point in time. That said, I hope the company eventually thrives. How could I not -- I don't want my Model S to be orphaned!

      I believe there is room for additional electric car companies. SF Motors can be a success without effecting Tesla. Everything is not a zero sum game.

    • Yeah...

      General Motors trades at a fraction of the valuation that Tesla Inc. (TSLA - Get Report) does, although GM generated more than $9.4 billion in profit last year. Tesla has no profit, GM has loads of it. Tesla burns through cash, GM returns it to shareholders and still yields 3.4% despite the near-30% rally so far this year.

      Given recent news, do you think that perhaps Tesla is not overvalued to certain parties, like Saudi Arabia, even at $420 a share?

    • Haven't a clue. When it comes to investing I tend to be a value guy... I prefer to see positive earnings with a low multiple. Low debt, too. Perhaps if I had the billions that Saudi Arabia has to play with I'd think different.