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Tesla Investors Didn't Bet On This

|About: Tesla, Inc. (TSLA), Includes: GM, TM

All Volvo vehicles to be electric or hybrid by 2019

Toyota Camry Hybrid gets 53 MPG

BMW plans all electric sedan

What happens when a company's founder becomes a pop culture sensation? 

Hype. Hype. More hype.

Tesla (TSLA) investors may be willingly turning a blind eye to all the risk coming from traditional established car brands. Here are a few of recent note.

Tesla currently has no future earnings prospects and sells at almost 7 times sales. Both Toyota (TM) and General Motors (GM) trade at less than 1 times sales. The company may be overvalued by billions, but in the short-term the biggest concern should be the company's cash burn rate. 

Target Price: $200.

Disclosure: I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.