Tata Owns Electric Cars, is Tesla Doomed?
Tata Motors (NYSE: TTM) not Tesla Motors (NASDAQ: TSLA) is poised to dominate electric cars. That is very good for
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Market Mad House
In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche
Jaguar Land Rover
Can Tata Motors Make Money?
These figures gave Tesla; which produced 83,922 vehicles and delivered 76,230 cars and SUVs in 2016 according to CleanTechnica, an “Enterprise Value” of $58.58 billion on 6 December 5, 2017. Meanwhile Tata; which shipped 554,401 vehicles from just one subsidiary in 2016, had an enterprise value of $26.33 billion.
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Is Tata Motors Making Money?
Even without the dividend, Tata might be undervalued. It had a market capitalization of $25.35 billion and an enterprise value of $28.644 billion on June 2, 2017, meaning that there might be room for growth here.
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