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OfflineKOLOME

Registered: 06/22/20
Posts: 109
Last seen: 3 years, 4 months
TESLA
    #26846996 - 07/26/20 11:40 PM (3 years, 5 months ago)

So Tesla (TSLA) has been getting a lot of news lately. Both good and bad. Elon Musk is a genius in many respects; but especially when it comes to building attention and hype to his brand. He has multiple ventures, as most of us probably know, including SpaceX, Neuralink, and others. While people think of electric cars when they think of Tesla, they are forgetting that solar systems, and batteries for said systems are a big part of Tesla as well; and as nations continue to turn towards solar I have a feeling this is another area where Tesla will profit.

As for SpaceX, I think most of us can admit Elon is pretty much the only person who is really attracting people to space again and if you didn't know, he has launched humans into space from the USA for the first time in nearly a decade; not to mention he has launched tens of thousands of satellites into space in an effort to establish a global 5G internet system. While people may claim the merits of SpaceX don't directly translate to Tesla, we must admit that the success of SpaceX directly reflects on the confidence in future successes related to Musk.

That said, TSLA has gone up 90% these past 3MO as well as an insane 500% this past year. Recently TSLA took a sharp dive of 5-10% mostly as a result of tensions with China (as Tesla is seriously tied up with China in relation to the manufacturing of its products); as well as a political sentiment that has in a way put Tesla in a tight spot when it comes to Elon upsetting a lot of people on the left.

That said, it was predicted that TSLA would reveal -$0.11 Earnings Per Share (EPS) when instead they revealed $2.18 EPS. Yet for some reason the stock price dropped 10% and a lot of people were trying to suggest TSLA's bubble had popped and TSLA was doomed, etc (which really doesn't make any sense given there success) Some people pointed out that TSLA profited so much, because they were able to sell carbon credits to other companies vs their profits being primarily from vehicle sales (credits they receive from states as a result of manufacturing low-carbon emission vehicles; of which apparently all car manufacturers are now required to earn; however they can sell them to other companies); however this isn't a sensible argument to me either; I mean money is money; if Tesla makes a product so good, that the government allots them credits that Tesla can sell; then Tesla is a profitable company right?

So anyways, I was bored, and stocks open up tomorrow, so I thought I'd share my opinion on Tesla, and see what your thoughts on it were. As it stands I intend to continue to make a lot of money trading TSLA stock as I have little doubt it will recover it's recent loss and continue to rise as Elon continues to launch rockets into space.


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OfflinegeokillsA
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Registered: 05/08/01
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Re: TESLA [Re: KOLOME] * 1
    #26854164 - 07/30/20 06:26 PM (3 years, 5 months ago)

Quote:

geokills said:

TSLA entered the market in the high end luxury niche.  Since then, they've been doing everything they can to produce desirable cars at a competitive price point.  Yes, they benefit from various government incentives which have helped them achieve this, and sure your average "looking for a used civic" buyer won't be in the market for one... but the grand vision of the company is compelling, if not still a ways out on the timeline... with plenty of uncertainty between now and then as to whether they will reach that pot of gold at the end of the rainbow.

The TSLA story is about more than EV's.  They are working on new battery tech to be produced at their new German based gigafactory, which should play well with their alternative energy solutions side of the business just as well as it does for the auto side of their biz.  With the data logging from their huge fleet of vehicles and improvements to assisted and ultimately fully AI-based driving, owning a Tesla could perhaps pay for itself, should the owner choose to rent their vehicle to others as a fleet taxi when not in use.  Not to mention the freight shipping opportunities for autonomous fleet big rigs.  There's a big story here, and while I do think the stock has got ahead of itself, they have proven to be profitable for several quarters running even while nearly every other auto maker is suffering losses.

I don't own any, but that has been my mistake.  I'm not buying here, because I don't like the macro backdrop for equities in general (other than massive money printing with its relative devaluation of fiat currency -- which as has been proven, is a force not to wilfully fight against), and TSLA the stock has had such a run as to almost necessitate a cooling period.  But as for Tesla the story?  I do like it.




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