Tesla was started like that in USA 10 years before when it was listed at $17.
Now you see the effect!
All car industries are huge capital investment, that is nothing new unless you do not have any clue about car industry!!!
We will know Q3 sales soon enough.
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Sales and production numbers already out. Around 139,000 I think.
In last 10 year US has added more debt than in past 300 years combined. with infrastructure and skills of population that is getting further further behind than competitors.
total malinvestments in megacap that is taking stock market hostage. i just dont want to think next 10 years.
Actually he should announce any one investing in Tesla stock upto vehicle value will get Tesla for free.
for example investing $70K in Tesla stock buy you Model S.
There you are…permanently missing the boat. This is perma-bears mistake !
Listen to Warren Buffet (or hanera/WQJ), short term investments are gambling, long term is best !
For government, diluting economy by money printing, in fact, increases asset prices !
For individuals, taking right debt (like mortgage) and investing real estate or right stocks will provide huge returns.
Last 10 years, I took - like many RE investors - huge repeated debt that gave me unimaginable returns. The key is understand the market and buy at deep dip (but one must know what is right dip).
This is what warren buffet does and is applicable to any good stocks and/or real estates.
Fear of investing during the deep dip results permanently priced out.
I am not sure how Tesla get all those sales globally when US market is 55K during quarter. China is about 33K.
https://www.nasdaq.com/press-release/tesla-q3-2020-vehicle-production-deliveries-2020-10-02
7% =/ 40%
2019Q3: ~ 97,000
2020Q3: ~ 140,000
44% YoY growth.
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Reading fail…
Good twitter thread on Tesla’s auto driving system. Seems pretty half baked. The decision to not include Lidar is likely a bad one.
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While it totally may be true about LIDAR eventually, hard to say yet.
Enhanced Autopilot is not Full Self Driving. L2 driver’s aid only. Is he comparing it’s capability to similar L2 systems offered by other car companies?
FSD code is a different stack and hasn’t even been released yet.
Waymo taxi now fully open to the general public in Phoenix. I saw some video on twitter shot by passengers. There wasn’t any human operator inside. Fully automatic.
https://blog.waymo.com/2020/10/waymo-is-opening-its-fully-driverless.html?m=1
The waymo video on reddit.
Chinese love boosting those American Mega Cap firms They are going to make killing on all that money printing going into dead beat firms.
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If Dems win a landslide and flip the senate Tesla may shoot up to the moon.