Stock Traders: Could Desktop Metal (DM) be the next Tesla (TSLA)?

Disclosure: I just bought shares today. I’m not a financial adviser and this isn’t financial advice.

DM is a “behind the scenes” company; their growth potential, while huge, is in supplying manufacturers.

TSLA is a manufacturer that sells to the end user. That’s one reason their stock is so valuable: people buy the car and then think the company must be worth investing in. But TSLA trades at insane multiples: an analysis in Fortune last summer says TSLA would have to capture 30% of the luxury car market. And that was before teh lost six months of stock price increase.

I don’t think DM can live up that same hype.

@zenvelo “DM [supplies] manufacturers…TSLA is a manufacturer that sells to the end user. ”

That’s interesting insight. Thanks!

I agree that additive manufacturing is going to grow like mad, but it’s tough to tell what companies have the tech and strategy to ride that curve to a large scale.
I’m fascinated with the possibilities of localized manufacturing… e.g. the company Arrival that is printing delivery vans and buses and has an order from UPS for 10000 brown trucks. That sort of approach simplifies building and delivering the vans big time.

@dabbler Have you seen Desktop Metal’s Production system?

@gorillapaws I haven’t seen Desktop Metal yet. Dassault’s end-to-end system (everything from design tools to process tracking and finishing) is in use now for production manufacturing of all kinds of things.

@dabbler Here’s a link to a video of their production system which is designed for mass manufacturing at costs that are supposedly competitive with other methods of manufacturing.