Should not will.
But let’s replace that with “could”
Should not will.
But let’s replace that with “could”
They aren’t going to achieve that 50% target in 2022 though. That seems like setting a very high bar for itself.
Nobody will read that fine print. So now every quarter people will take out that 50% increase YoY number and see whether Tesla clears it.
And I am sure @Jil will remind us every quarter.
You telling me media (and people) use quotes without context!? Oh wow shocking.
Now, you see how market is expecting income from a company. Based on the Assurance from management (CEO & CFO), market prices the stock. This is so called PRICED_IN stock current price. If TSLA meets assured return, market keeps the price. Otherwise market will adjust the price.
This is the issue from growth stock.
In the same note, you see how market jumped on NFLX when market expects(priced in) 1 Million users addition, they came with 2.4M users, it adjusts the price.
Now, as a study case, you look at OXY(vs TSLA) where warren buffet madly buys when market low priced OXY. He is not depended on market price of OXY, but he gets all his money through OXY company income generation.
However, cults did hear EM clearly. Bigger in market cap than AAPL + Aramco combined. EM tries to pump TSLA again, instead of focusing on how to make better car + expand manufacturing capacity faster.
That’s right. I’m not going to wait years and years for that to happen. In the long run we’ll all be dead. I’m only interested in the present now. I will accelerate the process of selling my assets, converting them into cash, and splurge to enjoy
.
Nothing for your child(ren)?
Enjoy for my age means do nothing and watch TV serials. Can’t do anything more, can only think about it. Don’t cost much.
Yes, there should be more to enjoy for me before I get to that state. I haven’t climbed Mount Everest yet which was one of my childhood goals. But at this point I would be happy if I made it to the base camp…
Nothing for my children because they should make their own money.
Many CEOs stated similar in the past and we have seen how market reacts to them. Market gives least weightage for this remark, esp at Rate Hike+Recessionary Phase. Such thing will give retail investors a false confidence, but later prove it detrimental.
Tsla doesn’t need a 50% annual growth for the stock to go up from here. 40% or even 30% is good enough.
I am counting on the progress of FSD though. Hope that giant S curve adoption I was expecting can arrive soon.
Starting in 2023, Tesla will be able to subtract $45 / kWh from each battery pack made in the U.S. Assuming flat prices, this would net ~ additional 2 billion in profit next year, and increasing each year as U.S. production increases.
The $7500 federal tax rebate should be enough to keep demand high as volumes increase.
You are still missing the part how market currently valued TSLA. They included (priced_in) 50% in current price. If TSLA reduces to 40% or 30%, the current price will come down adjust to it.
Here is the real estate scenario: For simplicity all other things equal (esp flat appreciation of a home).
Investors expected rent $5000/month and buy the home for $500k. This is current price.
If tomorrow rent goes down to $4000/month or $3000/month, the new market price comes down by this return. When the current investor trying to sell, market won’t give $500k!
If current investors wants TSLA market price to stay, Elon must deliver 50% growth next 5 years at least.
This is blind myth !
I have seen this posted many times, but looks like not properly researched. The Biden rules are changed the way car can qualify rebate.
No one ever said Tsla needs to maintain 50% growth in order for the stock to not fall. It could fall with higher growth than that. It could rise with lower growth. Growth rate and stock price movement are not always correlated.
But with a 40% growth rate, the company can double its profit in 2-3 years. It’s hard to believe it’s stock will fall in the long run with 40%. That’s why I said it does not need 50.
This’s good to know but unfortunately Tesla wouldn’t fall under this category since they don’t have dealer if I am not wrong.
Consumers who are willing to wait until 2024 to buy a new or used car — and get the associated tax break — will have the most consumer-friendly option at their disposal, experts said.
That’s because the climate law will then allow a buyer to transfer their tax credit to the car dealer. A dealer — which must register with the U.S. Department of the Treasury — would get an advance payment of the consumer’s tax credit from the federal government.
As a result, consumers can likely receive the full tax credit at the point of sale from the car dealer as a discount on the sticker price or a reduction in the vehicle’s down payment, Levin said. And they’ll get that discount even if they don’t have a tax liability, he added.
“It makes the credit much more valuable to people, especially people who are of moderate income and don’t have a lot of money sitting in their pockets for the down payment,” Levin said.