Beagle, Hit $1400.00 PER SHARE last night stunning, looks like the $2000.00 target (may ) be reached this year, who would have believed that in Jan this year when it was circa $300-$400.00 per share!
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Its a pretty basic investment case.
Auto industry is going to go all or majority EV over the next couple of years.
Tesla is mile, miles ahead of every other "auto maker" (tesla is really a tech company that happens to make cars though), the argument that VW, Ford, Toyota will catch up is hilarious. You can do this research for yourself - just go test drive a Tesla. Eg, Porsche have been working on an EV supercar for years... it comes out.. its slower than a model 3, has less range, and costs about twice as much!
So therefore, just on their auto products, they will be massive, possibly a trillion dollar revenue company.
Not to mention their other products and stuff they can do, batteries, the self driving tech - which is all done on data. Nearest competitor has 20 million miles of data for self driving tech... Tesla has 3 billion.
Easiest case ever to put money in, the potential upside is huge. I went in big at $260, then again when it dropped to $200. Pretty happy right now. Was easy decision after reading Elon's book and seeing the drive and commitment he had to put EVERYTHING into this company, and then test driving one at the same time.
a l , Well done very interesting story ( book ) and business see Paypal , one thing that I would like to know is how much profit/margin is made per( average ) car so as to judge TSLA's future numbers , I read somewhere that the average BMW produces US $5000.00 profit/margin per car, whether the Republicans or Democrats win in the U S does not seem to matter for the future of TSLA as it has momentum now and its future will only become more dominant.
Miles ahead in the EV component, yes. Miles ahead in every other aspect? No. Handling, quality of production, interior comfort etc. are all areas where Tesla could and are improving, but these are aspects most consumers will consider along with range and cost.
What detractors do not understand about Tesla, its all about their technology and in particular its their batteries which gives them their massive edge , with this they are a lighter and more powerful vehicle which no other manufacture can come within a mile of, imo they will be the leader of the pack for many years to come.
What Im looking forward to is the decision to manufacture of a sports car, hard top and convertible , now this would be a head turner and will imo be the most exciting vehicle release since the Mustang in the mid 1060,s.
What can I say ,time will tell, I wont be selling my shares just yet.
Would you buy this stock now? I think it is hard to justify at this price.
C C , if you did some research into TSLA you would find that their battery tech for residential use " could " be as big a money earner as the auto use, cars, trucks, pick ups and sports cars etc , not to mention other forms of vehicle transport, I for one will not be selling for a while, ride the trend !
haha can't make this **** up
Your name is crypto dude - where as crypto is absolutely zero present value, its all based on its potential future value
And then with Tesla, which has probably a few hundred $ based on its present numbers, and most of the value on where its going to be, you somehow can't see this?
Go review Tesla's last 2 years and how they've gone, constantly beating expectations, constantly delivering more than expected, built some giga factories.
BITCONNNNEEEEEEEEEEEEEEEEECT!!!!!
hey bitconnect
Tesla has a $ Zero marketing budget hahahhaa - Thats one of their points of difference
No financials? Their surge from $1k to where they are now is based on financials. Beating forecasts. Inclusion into the S&P 500 is based on financials - they have 3/4 boxes ticked I think?
I was out walking in Khandallah and about 1km from home and I saw a couple of interesting projects.
On one side of the street scaffolding and a re-roof.
On the other 19 x LG Solar panels with a TESLA storage battery.
The beginning of a major innovation.
I think it is next month TESLA has a battery day event...
Like I posted earlier on, the battery technology " could " be a bigger earner that the auto division, speaking of that, there is a recent report that their battery and Ai technology is so superior that most of the auto companies that will be getting into the EV market will be using the Tesla technology.
Investors thinking of getting into TSLA should get into it before the 4/1 split circa $1900.00 U S , once the split happens it will not be long before it $1000.00 again !!
Blasted into $2000.00 / share up 6.5% plus punters getting set for the 4/1 split.
Consumer Reports in USA had Model 3 as most satisfying car in all age groups. Biggest surprise to me was the elderly also rated Tesla as most satisfying car. Big oil/ shorts/ICE spin was the anyone over 50 was to stupid to operate the touch screen.
Baby Boomers
Baby Boomers were born from 1946 to 1964 and grew up driving some of the most notorious cars that have ever been made. The Ford Mustang, for example, was produced for the first time in March 1964 and is still among the most popular vehicles on the road today. The muscle car from the American car company took the 10th place spot on this list, but it was no match for the Model 3, which once again reigned supreme. The Model S also was preferred by this age group, sitting in the fourth position.
Tesla Model 3
Ford Expedition
Porsche 718 Boxster
Tesla Model S
Mazda MX-5 Miata
Volvo XC40
Dodge Challenger
Toyota Prius
BMW X5
Ford Mustang
Silent Generation
The Silent Generation precedes the Baby Boomers and includes those who were born from 1928 to 1945. The Model 3, once again, was most preferred by this age group, with the Model S taking third place. Two different variants of the Toyota Prius were included on the list, but neither outshined two of Tesla’s pure electric vehicles that were included on the list.
Tesla Model 3
Genesis G90
Tesla Model S
Toyota Prius V
Honda Ridgeline
Toyota Prius
Subaru Forester
Hyundai Santa Fe
Mazda6
Ford Mustang
The younger generations also rated Tesla best. 420,000 car owners were surveyed, so the survey has some credibility.
The survey asked owners if they would buy the same car twice. It also asked for ratings in terms of driving experience, comfort, value, styling, and audio controls.
Millennials
The term millennial refers to anyone who was born from 1981 to 1996. It was widely accepted by this age group that the Tesla Model 3 was the most favorable vehicle. The affordability of the Model 3, along with its appeal, makes it an ideal choice for those who are grouped into this category.
Honda held the majority of the top ten, with the Japanese carmaker holding four spots with its Accord, CR-V, Civic, and Odyssey.
Tesla Model 3
Subaru Ascent
Mazda CX-5
Honda Accord
Subaru Forester
Ford F-150
Honda CR-V
Honda Civic
Honda Odyssey
Subaru Impreza
Generation X
Generation X includes any person born from 1965 to 1980. This group also chose the Model 3 as their preferred vehicle, but the Model S and Model X were also included in the list at the second and fourth place spots, respectively.
Tesla Model 3
Tesla Model S
Audi A5
Tesla Model X
Volkswagen Golf
Toyota Prius
Toyota RAV4
Subaru Ascent
Jeep Wrangler
Volkswagen GTI
Originally Posted by whatsup View Post
google , when is the date for the tesla stock split,
answer is 21st august , to be distributed after close of trading on 28 august 2020.
last date could be tomorrow 21st aug in the US .
My understanding is that if you are on the Share Registry at close of business on Friday 21 August 2020 US Time then you will participate in the split. What I don't know is whether you needed to have purchased three days before that. Is there a T+3 situation in US Share Registry stuff?
Comments please.
Nope
Buy the shares up until 28 August to participate.
Share splits aren't like dividends. The ex date is meaningless
The only date that matters is the split date
If you own shares at close of trading on 28 august 2020 you will get the bonus shares
https://www.tdameritrade.com/investm...lits-2020.page
And Hatch!
And all the YouTubers pumping the stock... Crazy
I wanted to buy Apple but all the Robin Hood investors who don't understand stock splits are pushing the price through the roof.
Not to worry. Sometime in the next year there will be a correction and I can get my AAPL stock at a decent price
Thinking about it I should drop some of my Amazon and Alphabet shares before the market tanks. I reckon I have a bit more time to enjoy the ride
buy one
get four more free?
haha, when?
when they announce a million mile nano tech battery that will likely change the energy business forever?
Or an autonomous taxi fleet?
You realise "you" sang the same song with Amazon nearly 20 years ago "amazon is valued at more than barns and noble - amazon is just some online retailer with barely any revenues!"
I suspect the cash raise is to ease index funds to get their "compulsory" allocation if it gets added to S&P 500. There are lots of short sellers and the like trying to discourage Teslas inclusion in the index, despite Tesla appearing to meet the S&Ps criteria. Shame they did not go for 10 billion.
Back to pre split level after shake out !
https://www.cnbc.com/2020/09/06/tesl...cher-says.html
I am sure the Tesla zealots will have strong counter arguments but to be quite frank, I couldn't care less.
I wouldn't touch this with a 40ft barge pole.
Pop goes the bubble - down 34% in the last few days. Its like a game of musical chairs or a Ponzi scheme, you don't want to be left holding the crying baby when the music stops.
There's a vast range of new electric vehicles coming out in the next few years from companies that know how to build them in a high quality way.
Reality will bite shareholders in a major way in the years ahead...its only just started in my opinion.
But but but.... tech company, elon is awesome, it can only go up!
I'll be very surprised if this is the last ramp. I loved the theory that the reason Tesla wasn't added to the S&P 500 was because index fund managers asked them to hold off so they can buy some more stocks before they are forced to add them when it does get added.
About a year ago I took at tiny position in Tesla - cost $49 a share. I'm generally a value investor and felt the recent valuations were excessive, so over the last few months I've sold half my holding at about 5 times what I paid.
Like it or not EVs are going to replace ICE cars, legacy manufacturers (particularly in Germany) have alot of costly baggage. In the test market of Norway EVs are already at 70% of the market. Market share is rapidly increasing in the Netherlands and Germany it is mid teens, in France and UK about 10%.
Renault has the popular Zoe, The Koreans have great little cars and VW will turn up to the party with ID3 and ID4. China is coming to Europe with Polestar and MG.
Here are my predictions so that I can be ridiculed with hindsight....
There will be more than a million EVs sold in Europe (including UK) in 2021
Tesla will increase sales in Europe in 2021, but loose EV market share.
Tesla will sell more than 250,000 cars in China in 2021. The price there will drop as they move towards 100% local, they will sell more than 350,000 Tesla in China in 2022.
Tesla will sell more vehicles in 2023 than BMW.
Tesla will sell more than 150,000 Cybertruck in 2022
Tesla's energy business will rapidly accelerate and generate significant profits within two years.
Today: https://www.cnbc.com/2020/09/09/jim-...ur-toe-in.html
Throwback: https://www.youtube.com/watch?v=V9Eb...ture=emb_title
---
TSLA down 20% yesterday, up 10% today. Almost like a roulette table :o
I wouldn't underestimate the brand power of the likes of BMW, Mercedes Benz and the VW group who are bringing a lot of EV's to the market in the near future. These are aspirational brands that are extremely well known. Very few people keep their cars longer than 15 years so in my view very few care if the battery lasts 1,000,000 miles or 300,000 miles. The Germans are offering 8 year EV battery warranties just like Tesla.
Lots of experts on CNBC this morning saying take some money off the table and sell the bounce. Okay to gamble and speculate as long as your doing it with the House's money, (i.e. sell enough stock to get your original investment back). Makes profound common sense to "free ride" something like this assuming staying in at this level is a good idea at all.
What car UK, 13,000 owners executive cars reliability
Reliability for executive cars aged up to five years old
Rank Make and model Score
1. Tesla Model 3 2019-on 99.4%
2. Skoda Superb petrol 2016-on 98.3%
3. Mazda 6 2013-on 98.0%
4. Vauxhall Insignia 2008-2017 97.8%
5. BMW 3 Series petrol 2012-2019 97.3%
6. Ford Mondeo 2014-on 97.0%
7. Kia Optima 2016-on 96.7%
8. Audi A3 Saloon 2013-2020 96.3%
9. Volvo V60 2013-on 95.1%
10. BMW 3 Series diesel 2012-2019 95.0%
11. Jaguar XE 2015-on 94.7%
12. BMW 3 Series 2019-on 94.4%
13. Audi A4 petrol 2015-on 93.5%
14. Alfa Romeo Giulia 2016-on 93.1%
15. Skoda Superb diesel 2016-on 93.0%
16. Volkswagen Passat 2015-on 92.1%
17. Audi A4 diesel 2015-on 89.8%
18. Vauxhall Insignia Grand Sport 2017-on 87.4%
19. Mercedes C-Class 2014-on 87.3%
You are correct Beagle. There is a gush of new EVs coming, but they will eat ICE sales rather than kill Tesla.
The new VW group EV cars make much more sense to many than buying a ICE VW.
Next year I estimate VW ID3/ID4 will take a third of VW Golf sales in the UK (they sold about 60,000 Golf last year).
Take a look at Lucid Air and speculate on which German luxury carmaker is going to loose the most sales in USA.
https://www.cnbc.com/2020/09/09/elec...-on-tesla.html
I suspect its Tesla that's going to lose more than a few sales. German and American car manufacturing standards are VERY different, (I have owned examples of each).
I was wondering where Tesla was going to get the estimated 40,000 staff needed over the next few years in Germany from, but I see Daimler alone is looking to loose 30,000. BMW is targeting loosing 16,000, so they might get a few from there and Poland is only about an hour away (Polish workers are already building much of the Drive Unit roof)
https://www.mercedes-fans.de/magazin...n-gefahr.16177
https://www.driven.co.nz/news/tesla-...ampaign=topbox
Surprised the Tesla zealots haven't worked themselves up into a frenzy over this on here already https://www.driven.co.nz/news/tesla-...ampaign=topbox
Good news Beagle. When you decide to buy a real car you can now order an 1100 horsepower Model S that does 0-100 in 2 seconds and has a 800km range.
LOL I have a real car. I can "charge" up my fuel tank in 2-3 minutes and have 900 km's range :p
A number of gamblers and incels (who seem to have expected a free girlfriend with every car) are disappointed and selling out. I might have to buy back in if it drops much. Shanghai is now looking like a million cars a year within a few years, Berlin is not far behind. Texas will be producing next year and Energy is about to go ballistic. The "crazies" (like Ark) are looking more rational every day.
Can you do that at home? Does it cost $20? Can it drive itself? (work in progress that one LOL)
Beagle seems to have conveniently overlooked his petrolhead carbon footprint here.
For others like me who havnt heard of Incels.. No idea what ARL crazies are though?
Incels (Involuntary celibates) - ADLwww.adl.org › resources › backgrounders › incels-invo...
Absolutely not, go and wash your mouth out with carbon free made soap ;) My carbon footprint is beautifully soaked up by all the trees on my property and if I didn't have one they wouldn't grow as well lol
Seriously though...if this battery breakthrough is real and not just creative marketing hype it does look good...all that's left is the "minor" matter of them to start making the rest of the car with decent build quality.
https://www.carsguide.com.au/adventu...-model-x-74243
Frightening drop in range and that's towing a very modest weight pop top caravan.
Bottom line for anyone like you or I that have had the experience of owning a high quality European made car is that apart from the underlying battery and drive systems (you can't see) everything else feels second rate.
You could tow a decent boat or caravan with this, (2,700 kgs) with unlimited range, German assembly standards, nearly 400 horsepower and up to 77 km's electric range, all in a package which is versatile, safe and very comfortable with a 5 year warranty and 3 year service package. I think as I get even more semi retired and want to engage in more lifestyle activities this looks like a very good option. https://www.youtube.com/watch?v=EITjgIYqmrs I am very tempted to have a look.
Yeah unsurprising. As someone who owns a caravan and also has a leaf for my commuter car, I can't see battery technology being able to be applied to my situation for a very long time. Hydrogen seems to be the only solution for all the NZers that tow caravans, horse floats, car trailers or use a campervan. The impact of being able to drive to a remote spot is massive and even the fastest of fast chargers means the journey is so much longer.
Bottom line for me at my age is I am looking at recreational activities in my semi retirement years and I don't want a little pokey caravan or boat that was bought to fit into a vehicle's capabilities to tow it. Something like this https://www.trademe.co.nz/a/motors/c...5?bof=ZMhmFxNF
has a ton or room and luxury compared to most motorhomes or caravans but needs a decent vehicle like the BMW I posted a link for above to tow it, (fits within the 2700kg's tow limit). If a caravan or boat of this weight could be towed by the Tesla (max rating 2250 kg's) it would absolutely destroy the range, perhaps to as little as 100 km's :eek2:
https://www.nzherald.co.nz/business/...ectid=12367639
Like every car, there are a few issues with the Audi Etron (French for "turd", does not sell well there for some reason).
https://www.youtube.com/watch?v=Rin-4HRFj4c is a particularly bad experience. Polestar seems to be having issues too, with poor charging and about 2% of them immobilising and unusable. There are many EV haters ready to pounce on this sort of stuff, so hopefully Audi will get its "etron" together.
For those interested in investing in Tesla. Please understand that Tesla is not an Automotive company, they are a Technology company. The Tesla cars are just one product that they offer. Their real products are Battery technology design & patents, Energy storage and Software. Many, if not most Wall St analysts don't understand Tesla and their recommendations are short term ie to the next 1/4 only. If you invest in Tesla you need to understand what they actually are and that you enter a position going Long.
Someone mentioned Cathy Woods & Ark Investments above and they are correct. Ark's analysts are ahead of the game looking for long term growth not short term gain to which most mainstream analysts subscribe to. Cathy Woods / Ark have proven themselves as digital age analysts who understand finance and technology.
To finish, Tesla is a Long hold. Buy it and forget about it. If you are short term and you have an appetite for volatility and can stomach the ups and downs then good luck to you.
Again, Tesla is NOT an Automotive company. In the end Tesla will supply the surviving Automotive companies their Batteries and Software much like Microsoft did with Windows.
Happy trading,
Chuckles :)
BIG NEWS - Tesla has been slated to be added to the S&P500 on Dec 21, 2020. Post Market up $60 to $463 from $408 close.
been a pretty crazy month, will probably break $700 soon.
My initial $6k investment back in 2019 is now worth just over $60k
Alot of competition coming ,52 new EV's coming in USA source CNBC .Tesla have alot of IP etc though, leading the pack atpit.For how long?
You'd think so Poverty but the cult of Musk is large and he has a midas touch.Seems priced for perfection and feels too risky at these elevated prices but thats ME and what do i know, zilch really.
it will surge when Apple fails
People don't get that making a great EV isn't that hard
Making the factories and infrastructure to mass produce it and make it cheaply is the hard part.
And going back to the "making a great EV" bit... this is going to super hard to do given the lead Tesla has. Unless apple someone catches up, and then literally dumps 10's of billions into making plant so they can make those EV's. Thats a fn huge task.
Watch the end of year delivery numbers. They will surpass the 500,000 barrier and will rally to new highs, combined with Cybertruck,the Roadster & the smaller affordable hatchback in 2021/2022 you have the ingredients for $1000+ SP in the next 6 months.
Tesla produce more than EVs, they are primarily a tech company. EVs, HVAC, Solar, Battery storage, etc. The other EV hopefuls will not be able to scale in a timely manner to directly compete with Tesla in the major markets. The worthy competition come from the likes of NIO, Xpeng, Workhorse, Lucid and a few others. Tesla is by far the leader and for the next 10 years, maybe after that things will tighten up.
I'm seeing Tesla taking over 1 or more major automakers in the next 5 years. Lets see what happens, for now as an investment TSLA has treated many very well and there is still plenty of opportunity to profit from the growth of this company and its SP.
Disclosure: I do own TSLA. My opinion is based on my bullish 5-10 year growth forcast, not short term trading spec.
Ive missed the boat and no way will i invest at these sorts of prices/valuations. As i think i said before a friend has made well into 7 figures in Tesla and its the only stock he holds!. Hes locked it in for another 10 years, not even free carrying it. Im too old to be taking on that sort of double risk.Its more about protecting my assets these days and growing them a little in a low risk way(although i do have small trading portfolio). Each to his own.
so close to 500000 vehicles, only 450 short. Forecasts are for 800k cars in 2021 now. I can only see the share price climbing, it was up 3% overnight with the Dow being down. With GIGA Berlin and Austin due to open in 2021 production could double in 2022 with over 1.5m vehicles being produced. I know the current share price seems high but could well seem cheap when looking back in 2 years time. I'm trying to buy more in weakness but there doesn't seem to be any at the moment. Share price could reach us$1000 his quarter so don't think you have missed the boat.
One has to wonder where it will stop.
Elon Musk is now the World richest man. Share price closed $816.04 and up another $12.94 after hours. The share price is only going to keep climbing. Sometime this year there could be another share split when/if the price gets to $2000 plus. I watch a video this morning with Jeremy Clarkson test driving a model x, he loved it apart from the price and it beat an Audi V10 in a drag race. Big developments to come in 2021 leading to upscale production in 2022, battery development, reduction in per vehicle price once those factors playout.
Those who think it will be 10 years away that the EV's replace ICE vehicles even here in NZ need to reassess their timelines. I never thought a year ago I would ever own one but liking the new Ford Mustang Mach-E depending on price but if Tesla can produce a modern US$25000 car as per their goal then that would be a world changer.
Yeah it also represents a bit of a shift in business models and understanding of a company. So many "old school" investment analysts never understood it and likewise a lot of people on this board.
I sold 1/6th of my holding yesterday at 758 and just blown away its now got legs to 830.
I wish i had bought more shares when I did. Was scared due to everyone saying its going to pop soon etc but every time i waited it went up another few hundred or so. I bit the bullet and just put a little money in. I think people need to realise that Tesla is more than just a motor company, just like how people thought amazon was just a online book company back in the day.
Are you sure it doesn't make money ?
https://ir.tesla.com/
Try P4 & P24 of the latest release (Oct 20 Shareholder PDF)
and that's just the start on growing Qtrly unit deliveries, Revenues, increasing free cashflow etc ..
;)
Crypto what’s the PE of Bitcoin ?
Wish I'd followed my mates advice and bought a year ago, he's re 1.5 to $2 million up:cursing:t_up::cursing::t_up: