Exactly 100 years after Henry Ford launched Ford Motor (NYSE: F), Elon Musk launched Tesla Motors (Nasdaq: TSLA). Despite the massive head start, Ford is now seen as the laggard. By a wide variety of measures, Tesla is held in far higher esteem by investors. Depending on your view, Tesla’s lack of an extensive operating history is either the company’s greatest virtue — enabling engineers to start with a blank slate, so to speak — or its greatest risk, as the company has miles to go before it becomes a high-volume automaker, capable of making money in any economic climate. Read More
Exactly 100 years after Henry Ford launched Ford Motor (NYSE: F), Elon Musk launched Tesla Motors (Nasdaq: TSLA). Despite the massive head start, Ford is now seen as the laggard. By a wide variety of measures, Tesla is held in far higher esteem by investors. Depending on your view, Tesla’s lack of an extensive operating history is either the company’s greatest virtue — enabling engineers to start with a blank slate, so to speak — or its greatest risk, as the company has miles to go before it becomes a high-volume automaker, capable of making money in any economic climate. In effect, shares of Ford are valued in the context of where the company has been and where it now stands. Shares of Tesla are valued on where the company is headed. Before we look down the road, let’s see how these two stocks compare based on projected 2013 results. #-ad_banner-#This is truly a breakout year for Tesla, as sales are likely to rise from $400 million in 2012 to more than $2 billion this year. And that figure could approach $4 billion by 2015. Of course, investors are paying up for that scorching growth. Shares trade for more… Read More