Tesla is hype. Thats what it is. Yes everything looks perfect because the stock only goes one direction but in reality its nothing but speculation and hype mixed together with Fear of missing out sprinkled all over it.
Since when does hype not influence high growth stocks? What are today's new inductees to the stock market but well packaged hype? Were you an Amazon hater back in the 90s, and what now? Did Steve Job piss you off with his arrogant attitude and ridiculous turtleneck and you knew Apple would tank? You definitely failed to grasp Tesla if you continue to compare the company to other auto manufacturers... I don't fear missing out because I'm not. You can always catch Monday's new lowered price.
Hype because the numbers don't add up, other car manufacturers selling millions and millions of cars and tesla selling a few hundred thousand warrants a market capitalization bigger than the big 3, toyota and honda combined??? Reality will soon step in. Plus competition is going to be running rampant, yes tesla has plenty of market share NOW and competition is still behind them, but they are gling to catch up with literally hundreds of EVs coming to market, that is all less future EV sales for tesla. Also selling back credits to other manufacturers will slow dramatically once these companies buying them now, produce them themselves. This was a very, very, very gigantic leap for tesla in the last couple of quarters to rely on that to literally beat estimates. Should be a very interesting decade ahead.
Lucid AIR Very interesting article and highly competitive to tesla. This could definitely take the cake. When you think of electric cars, the first name to come to your mind is Tesla. Elon Musk’s company has almost become synonymous with the words ‘electric car’ and it is challenging for other automakers, especially new ones, to get the spotlight. However, there is a new electric car on the horizon that is set to break the monopoly-in-the-market barrier, and its called Lucid Air! https://www.yankodesign.com/2020/08...ric-vehicle-with-the-longest-range-lucid-air/
Elon Musk did it again. His Tesla is making a profit for the fourth quarter in a row. Ironically, his company didn't get into the black for making electric cars, but because Fiat still sells a lot of dirty cars. Tesla makes hundreds of millions of euros from selling allowances to Fiat Chrysler. This is how it works: the European Union sets stricter requirements for new car emissions year after year. Manufacturers are thus stimulated to deliver cleaner cars. That is the reason that more and more electric cars and hybrids are coming onto the market. Not every automaker is that far with that. Auto group Fiat-Chrysler is struggling to ensure that its cars meet stricter European standards. To avoid skyrocketing fines from the European Union - up to 1 billion euros per year - the company has purchased emission rights from Tesla through 2023. Emissions After all, a Tesla does not emit CO2, but it is allowed to do so according to European rules. The unused emissions can be traded and Fiat-Chrysler uses them. Tesla will receive a total of 1.1 billion euros for it, Fiat-Chrysler recently announced. Almost enough to finance the new Tesla factory in Germany. For a number of US states, car manufacturers also have to sell a certain percentage of electric cars. Those who do not yet succeed can buy rights from other manufacturers. So at Tesla. Last quarter, the CO2 trade generated Tesla 369 million euros, which allowed the company to book 90 million euros at the bottom of the line. Without the CO2 money, Tesla would therefore have lost 279 million euros last quarter. The previous quarter's profit was also entirely due to the lucrative accounting trick of masking Fiats emissions. Head Start In fact, Tesla is now being paid for the technological edge. This year, revenues from CO2 allowances will be higher than last year, announced Chief Financial Officer Zachary Kirkhorn. For 2020 he expects more than 860 million euros in income from the sale of emission rights. That is a finite revenue model, because other automakers will also become greener. Article from EPA
but tesla is creating the way for electric cars that is a fact, and its gonna be in most of the cars when you realize you save more over the long run, and have less problems,
You continue to look at Tesla with blinders on... Let's repeat: Tesla is NOT a car manufacturer, it's an energy company. It's valuation is tied to its roadmap of replacing oil and coal with sustainable energy. Look at the video I posted on this thread a couple of months ago, then argue the project. Musk has openly offered to share his power train and batteries with car manufacturers and welcomes more electric vehicles to feed his grand project. Another important point you fail to recognize is that transition to electric is not going to be organic, it is mandated. UK by 2030, Europe by 2035, parts of the US by 2035... So while you're appalled by Tesla's valuation by comparing it to traditional car manufacturers, you should be far more concerned with these manufacturers not doing enough to meet upcoming regulations. Oh and about the so called subsidies Tesla receives from traditional manufacturers? That's their penalties for dragging their feet on legislation and part of Tesla's strategy to grow on their dime. Beside, how is it possible to complain about Tesla making it on government subsidies when the 3 car makers were all at one point or another rescued out of bankruptcy by who? Yes, government. That's not even addressing the oil and coal industries massive government subsidies either...
Retweeted Gary Black @garyblack00 · 32m When will investors realize that at $2,000 or $2,200 or $2,500, $TSLA is mind-boggling cheap on a present value basis with 2025 EPS of $80+?? Like it’s cars, $TSLA literally outruns its multiple.