No. I didnāt miss it. Somebody here is saying that your opinion is not worth it because he has data. Can you imagine you just posting data, no comments? Duh!
I heard that the Nevada guy building Teslaās batteries failed to deliver. They are working on the subject, and they will come back with a surprise production. Words from somebody I know in that company.
Thereās an amazing chart what shows the original guidance of 200,000 model 3 deliveries this year down to the current estimate of 1,000. Iām pretty sure if any other company missed that badly the stock would tank 90%.
The interesting thing is everyone is assuming model 3 will fix the cash flow. I wonder if theyāll hit a product rate fast enough to be gross margin positive on the car. If the model 3 is gross margin negative, then itāll only accelerate the cash burn. We should know by the middle of next year. Thatās when Tesla will need to raise cash again.
By the time Musk recovers the production challenges, market may likely crash. Tesla is good candidate when market crashes and stock goes down. IMO, Tesla will not file bankruptcy, but have long life after market recovers. At this point, I do not really know how low it can go, but waiting for to go down.
I agree theyād be one of the most vulnerable companies if the market declines. Itās crazy to bet against a company in a bull market. You donāt need to be a hero and try swimming against the current. Thereās too many opportunities to make money on things going up. My eye is on them for the next recession though.
However, nobody will have any money in a recession to buy anything. If you are holding your cash out for the next recession you will likely miss out on many good opportunities for something that might not materialize in the timeframe that you desired.
Puts are very cheap. Also, I think most of us on here were buying RE and stocks during the last recession. Thatās why we have such large gains since then.
Umā¦ I had no money or was too sad to buy anything at the last bottom. I was only able to take advantage starting in 2012 after the market already bounced back in a significant way. Thatās when I started to put money into Tsla, fb, Yelp, and bidu using margins. So you can say that I missed the bottom and only invested when the market was on its way up (like it is nowā¦ )
Your reasoning? If good, may follow you into TSLA when it ācrashesā ā¦ would buy calls or LEAPS callsā¦ lower capital
Not good to bet against market trend. That is, donāt long if it is a bear marketā¦ join the bears and short any re-bounces. Of course, donāt short in a bull market.
Eddie tam said he knows people close to Musk. Musk is tired of running Tesla and may want to bail.
Heard rumours that Elon Musk is getting tired of Tesla, he is much more interested in SpaceX which is worth over usd20bn now, and may go IPO quite soon, hoping for perhaps as high as usd100bn valuation, which would be bigger than Tesla. It is probably already making money or at least closer to profitability than Tesla.
Tesla r&d and capex will likely keep risingā¦in any case, for these concept companies, very important NOT to make profits anytime soonā¦classic example is of course amazonā¦if Tesla starts making profits very soon, it will fall back to earth, and itād just be a normal car company, which would be valued at like 6x P/Eā¦so again, it is all about growth, and new concepts that wow the customers as well as the investors.
From I have heard from people who know Elon well, he is quite keen w SpaceX IPOā¦
He is tired long ago. I think he tries to convince Tim Cook to buy overā¦ unfortunately Apple is very particular about corporate culture fit and doesnāt like the founders to leave (unlike Google that tends to cold storage or kick out founders)ā¦ Musk has inculcated a completely different corporate culture there.
First, The issue with Elon is too aggressive and over stressing team, over committing. Considering Elonās market & Pressure, competitors like GM rolled his cars.
Elon has received (invested amount) lot of money during bullish period and made all the infrastructure to roll out higher capacity. All he needs to do is streamline his process and roll out the cars properly (Management issue).
In addition, TESLA itself built on low cost (Fremont factory 1.5 B worth he bought it at low costs). Those are hidden book values.
TSLA is charging high price, while cost is low. Elon continues to make R&D and rolling out new models, new limits on charging.
Even today, he is the leader in EV technology. In next 10 years, entire Car industry will change to EV from Gas (some people dispute), but this is true.
TSLA is best to buy as stocks, not options, to hold for next decade, wait for opportunity.