Blog: Dave LeggettA reality check on Tesla's share price

Dave Leggett | 23 September 2013

It's hard not to admire a visionary like Elon Musk. He's also taking on some pretty established companies to say that he can do things differently, that the electric vehicle is worth doing properly. And more than being a visionary, he appears to have a pretty good business brain and even a sense of humour

A look at the Tesla share price and it's obvious that Musk has charmed investors. The Model S looks like a credible product and sales are rolling out. Tesla has even turned its first quarterly profit.

But hang on a second. We're talking 20,000 units of volume this year and there are sizeable risks attached to future earnings and the competitive environment. That share price is perhaps a little bit inflated. Interesting article from a writer at Forbes adds a little perspective. 

Tesla Is Overvalued: Let Me Count The Ways


Why did Tata Sons board sack Cyrus Mistry?

The sudden dismissal of Cyrus Mistry as chairman of the board of Tata Sons has led to much speculation about why he was ousted. Reports in the Indian media mostly centre on the belief that the group's...


Colossal China powers on

I'm starting to get a small idea of the scale of things here in China, but really, I'm only scratching the surface of this vast country....


China Hot Pot

Given the startling complexity of obtaining a journalist visa for China - the code 'J2' is now indelibly stamped on my mind - it was with some surprise how swiftly I managed to sail through airport im...

Forgot your password?