moomoo ID:0
Log Out
Log in to access Online Inquiry
Ankur Tiwari
wrote a post09/13/2022 15:54

Tesla is valued as a tech company and it’s highly unlikely the market would evaluate Porsche as such.

Yeah, I agree on this. I was thinking more about the car brand itself rather than the stock (I assume all EV tech will continue to be shared with VW anyway). The Taycan starts at 90k EUR which is same as Model S. I’m not sure what the Porsche SUV will cost but I assume it will be priced competitively with Model X. I expect it should do pretty good at least in Europe where Tesla seems to be struggling (compared to NA). They probably won't have anything comparable to Model 3 since they'd be competing with VW but Porsche is still much closer to higher end Teslas than to Ferrari.
The cheapest non EV Ferrrari (they don’t even make EVs yet…) starts at 220k and the rest of their cars are on a completely different level price wise than Porsche. I’m not even sure how is it relevant here, Ferrari in most aspects is closer to a luxury fashion brand than a traditional car maker (and is to a degree valued as such).
Moomoo is an app offered by Moomoo Technologies Inc. that provides information about investments. Moomoo Technologies is not an investment adviser or a broker-dealer and it provides neither investment or financial advice nor securities trading services. All contents such as comments and links posted or shared by users of the community are opinions of the respective authors only and do not reflect the opinions, views, or positions of Moomoo Technologies, its affiliates, or any employees of Moomoo Technologies or its affiliates. You are advised to consult a qualified financial or tax advisor for your personal financial planning and tax situations. Moomoo makes no representation or warranty as to its adequacy, completeness, accuracy or timeliness for any particular purpose of the above content.
1 Comment · 11K Views
Sign in to post a comment