Tesla Motors Inc. (TSLA) the Next Amazon.com, Inc. (AMZN) In Terms Of Growth


Tesla Motors Inc. (NASDAQ:TSLA) progress in the auto industry has been impressive over the past two years at the back of its flagship luxury vehicle, Model-S that was named the car of the year in 2012 by Motor Trend. Its growth pattern in the market as of 2013 in a chart study by CNBC’s, Carter Worth, highlighted a trend that was much similar to Amazon.com, Inc. (NASDAQ:AMZN)‘s during its early years.

Tesla Motors Inc (NASDAQ:TSLA), Morgan Stanley (NYSE:MS), Model X, Model X launch, is tesla a good stock to buy

Amazon.com, Inc. (NASDAQ:AMZN) chart as of October 1997 to January 1999 was basing but later on exploded from the $20 mark to the $100 mark, in a span of four months, about four times. Tesla looks to have followed the same trend in April 2013 to July 2013, moving from a trading position of $30 to $130 in a span of four months just like Amazon.

A closer look at the 1999 chart, Amazon was only a fifth of Walmart Stores Inc. (NYSE:WMT) in terms of market cap but has since grown to be the largest online store in the world. Tesla, on the other hand, continues to show massive growth metrics highlighted by the growth of its stock price from $30 in 2013 to high levels of $256 that it is currently trading at.

“[…] take a look at something that is also interesting. In 1999, I have here Walmart vs. Amazon, and of course, Amazon was a picker compared to Walmart. In fact, the market cap was something more to $30 billion versus Walmart $150 billion or one-fifth size. If you were to look at that ratio, and interestingly apply it to Ford, it is exactly the same. So Amazon in 1999 versus the largest U.S retailer and Tesla right now at $16 billion is exactly one fifth the size of 24% of Ford the largest automaker in the U.S,” said CNBC’s Cart Worth.

Tesla Motors Inc. (NASDAQ:TSLA) looks to have overshadowed  some bigger companies in the past, growing tremendously at a similar pace Amazon. Its luxury Model-S vehicle continues to command immense sales in the market with the much anticipated Model-X expected to enjoy even much success compared to its predecessor.

Superchargers are already creeping in the U.S, China and Europe, as the company looks set to increase its production capacity to meet the growing needs and demand. Amazon has already outlined its plans to invest further in India as it looks to spur further growth in its e-Commerce business. In terms of growth, it goes without saying that Tesla is considerably following Amazon’s Play book.

Disclosure: none

Suggested Articles:

Top Selling Comic Book Issues

Largest Beer Companies