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Michel Gabrysiak

Contributor / President of the Finance Foundation


Profile


Michel Gabrysiak founder and president of the Finance Foundation, has contributed to the consolidation of the European capital markets.

As a journalist, writer and asset manager Michel Gabrysiak closely followed the ups and downs of finance and economy.
On CNBC he presented a weekly talk show called Capital Ideas, discussing financial topics with CEOs, Central Bankers, regulators, politicians.

The Finance Foundation believes that money has to be invested in shares, listed or not, and create medium long term dividends and capital gains. To day it is not so.
 Analysis 

Tesla has a love affair with Wall Street. Happy are those who believe !

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04/17/2017 | 03:27pm CEST

 


                A love affair with Wall Street investors is always absolutely fantastic. Sometimes absurd. Very often, short lived. 

                The latest of these love affairs  happened just a few days ago. General Motors, with almost 10 million cars sold every year, showed a smaller listing value than Tesla, with 76.000 vehicles in 2016. Tesla is valued at more than 50 billion dollars. 

                Investors believe that its quite extraordinary technology, which includes automatically driven cars, home batteries and other marvels of the same type, will be worth fortunes in the future. 

                It is certainly not the case now, but, nevertheless, happy speculators are putting money into it. Why? Because they believe that the battery business has a great future, more so than the car business. Well that may be the case, but Tesla today has a bigger valuation than GM, Ford Motors. And soon to come, Honda is in line to be overtaken.

                I just want to remind you that General Motors is expected to make more than 9 billion this year, and Ford more than 6 billion. While Tesla shows less than 1 billion. 

                Happy those who believe!

 

 


Michel Gabrysiak
© The Finance Foundation 2017
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