TSLA showing cracks?
With TSLA going in the past few days from 130 to 110 and now back up to 120, it seems the market is a bit on edge about this stock. They report earnings on the 23rd, and with the incredible run up it's had in the past 3 months (40-->120) I get the feeling that if they don't blow people away this stock has the potential to crack pretty violently.
With articles coming every day for and against TSLA, I generally believe it to be vastly overblown stock. They are never going to be able to sell enough cars at $80k to be extremely profitable, and 5 years is a long time to wait with no profits for the time they supposedly have a $40k model that will ready for mainstream.
Thoughts?
20 Replies
Does not appear to be heading towards bankruptcy?
What am I missing?? I'm on the verge of ape'ing into TSLA.
Tesla Energy is the real key to everything here. It solves a lot of problems for the company. Governments are going to be an enormous source of demand for these megapacks. Energy security is a primary concern for many organizations and businesses. If the power goes out having a backup is very valuable.
This is where the sales process by Tesla allows it capture essentially the whole market. The reason being that their speed of installation is probably faster and their technology is probably superior, especially from a software standpoint.
In just one quarter Tesla Energy went from 4 to 9.4 gwhs installed. A 133 percent quarter over quarter increase. Plus they get service revenue from each megapack installed for the life of the pack to handle maintenance.
They are a one-stop-shop for utilities and governments that is able to offer a turnkey energy storage solution at a price lower than probably anyone else.
So because Tesla is so focused on operational efficiency they have made what was viewed as a boring business ,a high margin business with no resentment from their customers.
Even with a gigantic capacity factory in California they cant build enough of these 1.3 Million dollar each megapacks to meet the demand. Thats what Warren Buffet would call a ‘high quality problem’.
The consensus EPS estimate on Tesla for this quarter is .60 per share. They are going to crush that number its just a question of by how much.
P/E of 63, so exponential sales are priced in but indications are they're flattening as china, big auto, and rivian eats market share. EV market isn't growing as much as people expected. also they're having to cut prices to maintain their sales numbers and profit margins have been in decline last two years. these are some bear cases / devils advocates takes, anyway. good luck if you decide to ape.
Tesla still trading in its descending channel. Latest pamp is because growth decay isn't as bad as original predicted.
i thought we all agreed that the car manufacturing business is whatever, and that tesla's value (or lack of, depending on your point of view) is all about fsd, battery technology, teslabot, AI etc
so, how come selling 15% more cars this quarter rather than the 11% expected added a Toyota Corporation to the shares
i thought we all agreed that the car manufacturing business is whatever, and that tesla's value (or lack of, depending on your point of view) is all about fsd, battery technology, teslabot, AI etc
so, how come selling 15% more cars this quarter rather than the 11% expected added a Toyota Corporation
It has to do with risk of ruin. The car business is capital intensive. It needs its factories to operate within some predictable range of utilization so that it can manage input and labor costs.
The first quarter proved that even with weaker demand that they are able to manage their cost structure and still show a healthy profit.
The reason the Tesla Energy growth rate is so valuable to the company is because the energy storage business is more profitable than the car business and with these types of growth rates in a completely unrelated business that is much more recession proof, their risk of ruin is rapidly approaching 0.
Its a balancing act between trying to achieve the fastest growth possible and being careful not to become overextended.
As a value investor Tesla Energy gives me confidence that even if the electric car market gets tougher the company is at worst probably going to break even.
True FSD is going to change the world and disrupt a lot of businesses. It might be the most valuable invention in human history.
People giving Elon a hard time dont give him enough credit for how good it already has become. There are people right now that are driving 50-100 miles without having to touch the steering wheel. Thats ****ing amazing to me.
Im still waiting for a true AI self driving car in all situation shrug
Broken YouTube Link
Until then …
4m30 sec mark .
That chart is awful, revenue is now falling as of the most recent quarter.
Q1 2023 - $23.3B
Q1 2024 - $21.3B
Kinda weird to fomo into a company thats at 80-90x ntm earnings with no growth
The only reason to buy the stonk is if you believe the FSD debut will be a blowout, which imo is sort of already priced in even with the delay.
Only 3% decline for 45% drop in earnings ?
I’m not a stock expert but seems the force (cult) is strong in that one .
At least Musk secured his bag before the growth narrative could completely flip on its head.
lol
It was actually crushing the F-150 and looking impressive then the frame snaps in half at 6 minutes trying to tow an F-150
Where tf is Robotaxi 8/8 unveil?
At the recent World Robot Conference in Beijing, myriad companies showed up with bots in tow. Robots were making food, playing instruments, even challenging kids at board games. Tesla, however, did nothing of the sort — instead leaving Optimus trapped behind glass.
the age of teslabot is upon us
the age of teslabot is upon us
Thanks for sharing. I love how the below video cuts right away after describing the Optimus bot, lolz:
per WSJ elon's now pitching TSLA sharing half its future FSD revenue with xAI... you know, the private company elon spun up and diverted all the NVDA chips to saying TSLA didn't need them.
anyone else would immediately be under SEC investigation for this **** but i guess his strategy of openly trolling them results in perma-immunity? good thing TSLA investors dgaf
Coming soon:
TSLA changing ticker symbol to ELON (because X is already being used by United States Steel).
The Tesla Van, or whatever dumbass name they came up with, is ****ing stupid-ugly.
I thought real engineers valued function over form???
Elon Musk shows off bartending robots at...
wizard of barz
Elon Musk shows off bartending robots at...
wizard of barz
Yes, I believe this to be true. The person seemed to stumble on some of their words/phrasing.
In my assumption, the plan is to remotely operate these robots using starlink from other countries. Pretty creative way to import cheap labor, so, credit to them (I guess).
So you know, your "AI" bartender could decide they don't like you and throw a drink in your face, or worse.
Worse? You can have someone use the robot to do some pretty nefarious things.
Stock should bounce back. It's hard for it not to since so many retirement funds have TSLA in their portfolios.
Are we not entertained?
Elon wins right? there are gonna be tesla tanks on the ground in iran in 5 years (maybe a bit far fetched but you get the idea)
he backed the right horse
