If GM's value speculative then Telsa's valuation is completely pulled out of thin air. Just a few months ago Tesla was actually losing money on every car they sold. Now they're asking for government money to stay afloat and promising a 50k sedan for the masses. Let me get this straight... at the moment, they cant build a miata sized roadster with a sparse interior on an existing platform for less than 90k, but in 2 years they're going to have a profitable full-sized sedan to go up against cars like the Lexus GS, BMW 5 and Mercedes E selling for half that?
I love Tesla, but if I had to place my bets, I'd think it more likely that you'll be able to buy a Corvette in 10 years than a Tesla roadster.