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Boris Marjanovic

 
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  • The High Price Of Owning Tesla [View article]
    TGIMonday,

    You make a good point, these Tesla bulls seem to think that Tesla will somehow capture 100% market share. Do they honestly believe that the other large car companies wont compete?
    Jun 30 09:51 AM | Likes Like |Link to Comment
  • The High Price Of Owning Tesla [View article]
    I am Croatian, was born there but live in the USA now.
    Jun 29 09:08 PM | Likes Like |Link to Comment
  • The High Price Of Owning Tesla [View article]
    So Tesla will be the first car company in history that will generate double-digit profit margins? You are betting this will happen? Remember, not a single American car company has ever been able to do it, out of the hundreds that once existed. Not a single one!!! If there was just one case, just one car company that was able to consistently generate double-digit profit margins, I would believe it was possible.

    If this is what Tesla bulls are betting on, they need to sell some Tesla shares and use the proceeds to buy a history book on the automotive industry. I am now more confident than ever that anybody who owns Tesla shares is totally delusional.
    Jun 29 04:30 PM | 2 Likes Like |Link to Comment
  • The High Price Of Owning Tesla [View article]
    As Tesla grows larger and hires more workers, I have a feeling we will be seeing unions.
    Jun 29 04:23 PM | Likes Like |Link to Comment
  • The High Price Of Owning Tesla [View article]
    surferbroadband,

    You forgot to mention catalyst 34: Tesla Jet Plane... and what about catalyst 86: Tesla Submarine... and we can't forget catalyst 119: Tesla Spaceship. You guys see a pattern? I do, it's a pattern of delusion.

    It will take the company a decade just to have the capacity to meet demand and build all of those different vehicles. The company will have to invest tens of billions to build all of these factories, but will at best generate low single digit profit margins and returns on capital.
    Jun 29 04:18 PM | 3 Likes Like |Link to Comment
  • The High Price Of Owning Tesla [View article]
    Very funny, I must admit!
    Jun 29 04:09 PM | 1 Like Like |Link to Comment
  • MusclePharm: Substantially Undervalued And Strong Acquisition Target [View article]
    If you see greater potential growth (in the triple-digits) in other areas, I would love to know what these "other areas" are!

    It is extremely rare to come across a company growing as fast as MusclePharm, in my opinion. This is a company that went from $4M in revenue in 2010 to $111M in 2013 and will likely approach $200M for the full 2014 fiscal year. If you don't think this is truly extraordinary growth, you're crazy and delusional!
    Jun 29 02:30 PM | Likes Like |Link to Comment
  • The High Price Of Owning Tesla [View article]
    I am a big fan of Nikola (not Nicholas) Tesla. I am also a huge fan of Tesla (the company) and its CEO Elon Musk. But I simply will not allow these things to blind me from the fact that this stock is grossly overvalued and priced for perfection! With that said, I truly do hope Tesla ends up being as successful as most investors hope.
    Jun 29 02:14 PM | 1 Like Like |Link to Comment
  • The High Price Of Owning Tesla [View article]
    It's not the revenue growth we should worry about, it's all about the bottom-line! Car companies have simply never been very profitable. Even if Tesla has $100 billion in revenue, if the company has low single digit profit margins it doesn't justify the price most investors believe the stock is worth.
    Jun 29 12:48 PM | 2 Likes Like |Link to Comment
  • The High Price Of Owning Tesla [View article]
    People said the same thing about the housing bubble. "We've been hearing about this for years and house prices keep going up." Yea, the price keeps going up until one day the music stops and investors suffer catastrophic losses.
    Jun 29 12:43 PM | 5 Likes Like |Link to Comment
  • The High Price Of Owning Tesla [View article]
    Musk should be #1 on any list. This man has started many successful businesses. Zuckerberg was just extremely lucky. When he started "The Facebook" he never expected it to get as big as it did. He was honest enough to admit this on several occasions. Musk, on the other hand, started his businesses with the intention to change the world.
    Jun 29 12:38 PM | 12 Likes Like |Link to Comment
  • The High Price Of Owning Tesla [View article]
    I hope you like the car when you get it, because you will certainly not like where the stock price is in a few years.
    Jun 29 11:23 AM | 4 Likes Like |Link to Comment
  • The High Price Of Owning Tesla [View article]
    I said the following in my article above: "The truth of the matter is that Tesla will always be a hugely capital-intensive business just a few bad quarters away from bankruptcy." The key word in that sentence is "bad." Every US car company, with the exception of Ford, has gone bankrupt. And even Ford has come close a few times. So, out of hundreds of car companies, only one was lucky enough to never go bankrupt. The car industry is extremely capital intensive. Every company goes through tough times (and so will Tesla). When these tough times do come, the risk of bankruptcy is extremely high.
    Jun 29 11:20 AM | 4 Likes Like |Link to Comment
  • The High Price Of Owning Tesla [View article]
    Tesla might be able to have $8B in revenue within 5 years, but do you actually believe that Tesla can achieve a long-term EBIT margin of 10%? You do realize this is twice the industry average, right? Even if the company is able to achieve above average profitability, the stock would even then still be overvalued. All I am saying is that this is a very bad bet.
    Jun 29 11:11 AM | 4 Likes Like |Link to Comment
  • The High Price Of Owning Tesla [View article]
    wwt17,

    I agree, the endowment effect can and does happen to anything we own. Also, you mention that TSLA is 2% of your portfolio... this is a very small position for you so no matter what happens you will be ok. The problem is that I know some investors where TSLA makes up over 50% of their portfolio, which is very dangerous.
    Jun 29 11:04 AM | 5 Likes Like |Link to Comment
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