$TSLA

Discussion in 'Stocks' started by Phill Twist, Aug 18, 2015.

  1. Banjo

    Banjo

  2. vanzandt

    vanzandt

    Tesla's Opportunity In China Could Double On Relaxed Regulations


    Foreign automakers have long been disincentivized to sell in China, where imports see a 25-percent tax and locally produced cars must be sold through 50/50 joint ventures with domestic entities. But the Chinese government, prioritizing a shift from fossil-fuel to electric vehicles, is reportedly considering a loophole.

    A recent proposal would allow nonnative brands to set up wholly owned EV segments in free-trade zones, and Tesla Inc TSLA 1.24% is positioned to win big, according to Piper Jaffray.

    “It seems possible that Tesla will be allowed to book 100 percent of the profit associated with locally-produced EVs, while most global competitors will probably continue booking only 50 percent (due to their entrenched JV structures),” analysts Alexander Potter and Winnie Dong wrote in a Wednesday note.

    Tesla’s Play
    If Tesla capitalizes on potential regulatory changes, it could see growth in China notably steeper than this year’s estimated 136-percent year-over-year delivery increase.

    In fact, China could become Tesla’s biggest revenue source, according to Potter and Wong.

    The company could benefit from China’s growing demand for luxury cars, standard vehicle sales that far outpace U.S. records, and non-competitive environment. China has little exposure to foreign brands, and although its firms lead global markets in EV production, with unit sales up 70 percent year over year, none pose a veritable threat to Tesla.

    “We find most of China's EVs are chintzy in comparison to Tesla's products (with the exception of NIO's soon-to-be-released SUV), and realistically Tesla's most capable global peers are probably years away from releasing locally-built luxury EVs,” Potter and Wong wrote. “In the meantime, traditional (gas) luxury vehicles constitute TSLA's primary competition.”

    And the government’s phasing those out.

    Big Upside
    Considering Tesla’s potential in the Chinese market, Piper Jaffray reiterated an Overweight rating on the stock with a $386 price target.

    “There's still plenty of uncertainty, but all else equal, we think recent developments have unfolded in TSLA's favor,” the analysts wrote. “The company was wise to delay investment, but once these JV-related policy details are finalized, we expect Tesla to announce its China strategy in relatively short order.”

    https://www.benzinga.com/analyst-ra...ortunity-in-china-could-double-on-relaxed-reg
     
    #1122     Sep 27, 2017
  3. vanzandt

    vanzandt

    :D:D .... Pek was right...The stock has been dropping this week. Elon was overdue for an announcement.
    Gotta love him.
    _______________________________________


    Elon Musk: Rockets will fly people from city to city in minutes
    By Jonathan Amos BBC Science Correspondent
    Image copyright SpaceX
    People will soon be able to fly from city to city within minutes, rocket and car entrepreneur Elon Musk says.

    Mr Musk made the promise at the International Astronautical Congress (IAC) in Adelaide, Australia.

    A promotional video says the London-New York journey would take 29 minutes.

    Mr Musk told the audience he aimed to start sending people to Mars in 2024. His SpaceX company would begin building the necessary ships to support the mission next year.

    He says he is refocusing SpaceX to work on just one type of vehicle - known as the BFR - which could do all of the firm's current work and interplanetary travel.

    Mr Musk first laid out his Mars travel ambitions at the IAC in 2016. Twelve months on, he returned with more detail.

    His BFR, although still massive, is now a little smaller at 106m in height and 9m in width.

    The major difference compared with the original version, however, was cost, the South African-born American said.

    "I think we've figured out how to pay for it. This is very important."

    The route to affordability, he explained, was in refocusing all of the company's efforts into the one system - and then using that to meet all its customers' needs.

    This means the BFR would launch satellites and service the space station - as SpaceX's Falcon 9 and Dragon capsule do now - but also take people to the Moon and Mars, and do what is termed "point to point" travel on Earth.

    "Most of what people consider to be long-distance trips could be completed in less than half-an-hour," he told the Adelaide audience.

    "Some of our customers are conservative and they want to see the BFR fly several times before they're comfortable launching [on it]," Mr Musk said.

    "So what we plan to do is to build ahead and have a stock of Falcon 9 and Dragon vehicles, so that customers can be comfortable if they want to use the old rocket, the old spacecraft - they can do that because we'll have a bunch in stock.

    "But all of our resources will then turn to building BFR."

    As well as being the CEO and chief designer at SpaceX, Mr Musk also founded the Tesla electric car company and is chairman of SolarCity which specialises in renewables technologies, such as high-storage batteries.

    He has attracted a rock-star following from fans who love his visionary thinking. And although his promises have often taken much longer to deliver, he has achieved a number of notable firsts.

    These include 16-in-a-row successful landings of orbital-class rockets back on Earth after they have completed their missions. Two of these rockets have even flown a second time.

    Key to his thinking is the concept of reusability. Space activity is currently expensive only because it is disposable, he says. There is no reason, he claims, why rocket systems cannot be made to operate like airliners where the most significant ongoing cost is the fuel in the tanks.

    His Falcon 9 rocket is partially reusable; the BFR would be totally reusable. The same vehicle would fly time and time again.

    Mr Musk recognises that his ambitious timelines sometimes slip. When he put up a slide in Adelaide stating that the first cargo (no humans aboard) versions of BFR would go to Mars in 2022, he said: "That's not a typo, although it is aspirational."

    His many fans in the audience lapped up the presentation, but his numerous business customers will also have stiffened slightly at the news that SpaceX is to begin diverting its energies towards the all-new rocket system.

    These customers are extremely conservative - as Mr Musk himself concedes. They are only just beginning to grapple with the idea that they can put their very expensive satellites on "second-hand" Falcons. Now they must also get used to the idea that the Falcon will eventually be replaced by another rocket system - the BFR.

    Prof Alan Duffy is from the centre for astrophysics and supercomputing at Swinburne University of technology in Melbourne.

    He was among the 4,000-strong audience at the IAC.

    "This is SpaceX's Elon Musk. This is what he does," he told the BBC.

    "What I love about SpaceX - and why the world's scientists and engineers are willing to give them that credence - is that they make things profitable at every step of the way.

    "They have a big vision, they work towards it, but the steps they take are always with the profit in mind. And if there's a profit there, you can guarantee that businesses will see it through."
     
    #1123     Sep 29, 2017
  4. Cuddles

    Cuddles

    God damn Americans have a hard on for bullshiters.
     
    #1124     Sep 29, 2017
  5. dealmaker

    dealmaker

    Chanos: Tesla 'Structurally Unprofitable' And Will Face Increasing Competition
    Sep 29 2017 | 7:45pm ET

    Famed short-seller Jim Chanos believes Elon Musk’s Tesla is “structurally unprofitable” and about to face serious competition from well-financed traditional automakers unwilling to cede the electric car niche to the company.

    Chanos, head of hedge fund Kynikos Associates, has long been short Tesla, decrying its negative cash flow, unprofitability and overleveraged capital structure while simultaneously admitting its visionary approach and disruptive potential. At the 2017 SALT conference in May, Chanos described Telsa as a “poster child” of the current market environment.

    Chanos’ comments came during an interview yesterday on Bloomberg. “Three years ago, this company was supposed to be making money [by 2017]…now it’s supposed to be making money by 2020. And I’m guessing by 2019, we’ll hear about 2025,” he said.

    Chanos also said he believed the company’s new, lower-priced Model 3 had been rushed into production to appease an impatient market and that Tesla’s autonomous driving technology was behind rivals. Meanwhile, Musk’s curious $2.6 billion purchase of beleaguered Solar City, run by his cousins and in which he was the largest shareholder, is expected to be a $1 billion drain on Tesla shareholders, Chanos estimated.

    Also concerning to Chanos: real competition looming from well-financed, profitable car manufacturers with money to spend. And they are all laser-focused on catching up to Tesla both in terms of cachet as well as in battery and autonomous driving technology.

    Tesla is perennially one of the more popular short plays in the U.S. equity market, with approximately 19% of its freely floating shares sold short, Bloomberg noted. However, the stock has gained nearly 60% so far this year, squeezing those shorts and undoubtedly forcing some to cover.

    Valuing the company has become a divisive exercise among Wall Street analysts as the company’s cash burn as a public company approaches a cumulative $10 billion, with targets ranging from a low of $170 and a high of $464 per share. Tesla closed Friday at $341.

    Chanos founded New York-based Kynikos – Greek for cynic – in 1985 and has since successfully sold short a number of household names that became legendary financial wipeouts, including Boston Chicken, Sunbeam, Tyco International and Enron.

    http://www.finalternatives.com/node/35931?mc_cid=93ecb80add&mc_eid=d03fd1041f
     
    #1125     Sep 29, 2017
  6. They are keep raising money from debt issuance in order to pay off interest payment and to prevent share price from falling. Tsla, if they don't turn the things around and generate positive net income soon, the company will eventually go bankruptcy even before Elon sees his dream come true
     
    #1126     Sep 30, 2017
  7. vanzandt

    vanzandt

    TSLA should be releasing the first monthly Model 3 production numbers here today or in the next few days.
    They said it would be 500. A lot of analysts say its gonna be 300, so the stock has sold off out of fear.

    Now think about this. Elon can roll out 600 of these... even if they didn't have engines. "They went to our special customers".
    Long at $338...
     
    #1127     Oct 2, 2017
  8. #1128     Oct 2, 2017
    vanzandt likes this.
  9. #1129     Oct 2, 2017
    vanzandt likes this.
  10. vanzandt

    vanzandt

    I got $442 and change.
    I bet it goes up again from this level tomorrow.
    $336 AH's
    What's a few hundred cars when you're going to be making 20K/month by 2018?
    Easy money pre-market tomorrow when its $129 on the ask.
     
    #1130     Oct 2, 2017