These articles are so stupid, but I have to thank them for allowing me to make so much money over the last few years.
If you are not going to count regulatory credits, then you should also throw out one-time stock compensation payments to the CEO, which basically matched the regulatory credits. If you take away both, Tesla was profitable.
Bigger picture:
Gross margins on Tesla vehicles have always been very good, but generally company lost money because volume was smaller and still spending money on R&D of a whole bunch of stuff without top-line revenue of say VW to support it. (You know, like any other startup).
Gradually, revenue and volume keep increasing but costs do not increase as much (increasing operating leverage) and now at point where a little bit profitable.
What do you think is going to happen when Tesla doubles vehicle production this year?
Barring some demand / economy fall, profits will go up quite a bit.
First, we need to know the truth behind the Tesla’s credit and see fundamental changes whether it is good or bad.
I did not do any research yet.
On any case, TSLA will fall soon - during this correction time being S&P and Nasdaq inclusion - and they will start slowly recover (unlike drastic recovery) for years.
Investor must know complete review of qtrly report and know the future properly.
In other words, TSLA is overvalued now Your statement below is cover up Buy it now and stop market timing You keep trading in and out of TSLA for … can’t remember… times. Anyhoo how much you plan to put in when the time is right? Anything less than $5M don’t bother to tell us
Tagged. Pretty sure there would still be ICE cars.
Wood told CNBC Pro how the firm manages positions in the fund when valuations get too hefty. And revealed the one stock she is holding no matter what the valuation because of how disruptive the company will be.
you didnot read it properly the link i posted. EU want to catch up with trend setters in Asia not with Tesla.
US market will always be lagging relative to China and EU. there is no domestic size in US for this kind of development. in US population spreadout not conductive for electric vehicles. plus people like Trucks and SUV . here electrics are expensive and less spacious.
this data does not tell true pics as electricity prices in cities where Tesla is popular. Electric prices alot higher than US avg.
My comments against the article don’t mean anything to what I think of current valuation - I think a lot of assumed profit growth is built in to current stock price. I cannot think TSLA can just keep going up as it’s hard to justify even 2x from here without FSD progress.
Trust this Singaporean. Sell everything and buy TSLA. Is all the rage in Singapore, told you so yesterday, tagged this post TSLA would replace all ICE cars and other brands EV within 5 years! Yes, that fast.
Also, all electric utilities would be using TSLA power packs.
All roofs would be installed with TSLA solar panels.