Do not forget that Tesla is GAAP unprofitable, and is expecting to break even by the end of the year whilst Porsche has already made $3.3bn of net income in 2012 (source: Porsche 2012 annual report ... a capital shortage. The company continues to burn ...
via Short Tesla Motors: Valuation Is Unsustainable, Premium To Peers Is Unjustified
via Short Tesla Motors: Valuation Is Unsustainable, Premium To Peers Is Unjustified
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