Australian (ASX) Stock Market Forum

TSLA - Tesla Motors Inc (NASDAQ)

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sptrawler said:
I wonder if the gloss is coming off Tesla myself, I'm not trying to be negative and Tesla have and are doing amazing things, but when you set the achievement bar as high as Tesla has it is hard to maintain it.
For example the battery giga factories, they soak up a lot of money not only in materials but in maintaining market domination in a rapidly changing field.
From an @JohnDe post:
The mysterious new Tesla order to the world's largest electric vehicle battery manufacturer CATL turned out to be not of its novel Kirin batteries, but of LFP packs. Not your regular LFP battery, though, rather a greatly improved chemistry with higher density slated for the Model Y.
Daniel Zlatev, 08/03/2022
E-Mobility

The world's largest EV battery maker CATL recently announced a novel Kirin batterytechnology that allows for higher energy density than Tesla's 4680 battery cells in the same footprint. It then became clear that Tesla has ordered CATL a new type of battery than the LFP ones it already supplies for the Model 3 units made in the Shanghai Gigafactory.
Bets at the time were that Tesla might have ordered the 4680-style cells, despite that it now counts LG and Samsung among its suppliers for them, besides the original partner in the battery's development Panasonic. Now, however, local media is reporting that CATL will be selling Tesla its even more novel, M3P battery technology. It is similar to the improved LFP battery chemistry with added manganese, the so-called LMFP packs, but CATL insists that its technology is different and proprietary.

I mentioned a long time ago, i couldn't understand why Tesla doesn't outsource it battery manufacturing to a battery specialist, will the giga factories become an albatross, will the be sold?
The Tesla business model and share price reflects a lot of blue sky assumptions, once clouds start appearing, some punters get nervous.:2twocents
Click to expand...

Some explanation on the reasons for Tesla's high price -

 
Tesla has now produced 3 million electric cars. Check out the cumulative sales graph. Pretty impressive. Each point on the graph is a quarterly production figure.

At the end of 2018 Tesla had sold 500,000 cars. 3 1/2 years later they have reached 3 million cars and climbing exponentially

electrek.co

Tesla (TSLA) announces it produced its 3 millionth electric car

Tesla has announced that it has recently produced its 3 millionth electric car since its inception back in 2004 (though production only started in 2008). During Tesla’s annual shareholder’s meeting today, CEO Elon Musk announced that Tesla produced its 3 millionth vehicle over “the last few...
electrek.co electrek.co
1659945222971.png
 
To your point Bas;
Anybody paying attention to the engineering going on sees this as a fate' complie'. In the last week you had Farley hand delivering a new Lightning to Munro and Associates to be pulled down to its rivets... And from that interview we know Ford's view of Munro; And we all know where TSLA sits in Munro's scope on the EV food chain.
To go local;
listening to the snake-oil of the mouth piece of FCIA today on emission regulation ... it was backwater six finger bango blather.
All i can say is thank technology for the ease of international trading.
 
Elon Musk is reportedly done selling Tesla shares, and may actually begin buying soon if the deal with Twitter falls through.

$TSLA has pulled back over the last few days, failing to hold its break above the 200-day MA and $900. Of course, all trading carries risk, but it will be interesting to see how traders react when US markets re-open, whether the stock can retest these key levels.
 
Elon cashing in at a decent price, and why not. He's in it to make money, so sell in the good times. Plenty of electric vehicle competition coming his way.
I'm wondering if his interest in cars has been sated, and now he's looking at other projects.

Cheers
J
 
henrietta said:
Elon cashing in at a decent price, and why not. He's in it to make money, so sell in the good times. Plenty of electric vehicle competition coming his way.
I'm wondering if his interest in cars has been sated, and now he's looking at other projects.

Cheers
J
Click to expand...

I think you have misunderstood CityIndex’s post. Have another read.
 
JohnDe said:
I think you have misunderstood CityIndex’s post. Have another read.
Click to expand...
I was commenting on the reported second large sale of Tesla by Musk. This was done with no prior warning as per the previous sale.
Musk may well have stopped selling , but his latest move indicates that he does not necessarily tell everyone what he is about to do.
Cheers
J
 
moXJO said:
Lucked my way in at $700s. Waiting on the stock split pump now.
Click to expand...

Not long now.

TSLA Is a Must-Buy Ahead of the Aug. 17 Tesla Stock Split​

TSLA stock is likely to ride higher on split mania as well as on upcoming EV models
  • Tesla (TSLA) will enact a three-for-one share split on Aug. 17.
  • Also, Tesla CEO Elon Musk teased the upcoming release of two new vehicle models.
  • Investors should hold at least a few TSLA stock shares prior to the split.
Tesla (NASDAQ:TSLA) stock hasn’t looked this good in a while.

Not long ago, the company revealed that the electric vehicle (EV) manufacturer plans to enact a three-for-one share split on Aug. 17. Furthermore, CEO Elon Musk tweeted a hint that two new EV models will be shipped out.

For these reasons, or just because Tesla is a premier business and a pioneer in vehicle electrification, you should consider owning TSLA stock now.

Make no mistake about it: Musk is a controversial figure. Everybody and his uncle has been talking about how Musk sold nearly $7 billion worth of Tesla shares recently. Yet, you don’t have to let this distract you from the more important developments surrounding Tesla.

Musk is, among other things, a master of using the media to generate attention for Tesla. He teased a couple of new vehicle models recently, and this could generate investor interest in Tesla. Besides, the upcoming share split will likely entice more people into the trade.

Musk Teases Two New Tesla Vehicle Models​

As I mentioned before, Musk is masterful when it comes to using the media to generate buzz for Tesla. That’s exactly what he did when he recently tweeted, “Tesla 500 mile range Semi Truck starts shipping this year, Cybertruck next year.”

This tweet immediately made the financial headlines, so Musk can say, “Mission accomplished.” The Cybertruck is Tesla’s version of a pickup truck, so truckers who’ve hesitated to join the vehicle electrification movement might now be persuaded to give Tesla’s electric truck a try.

Along with all of this, you can simply hold TSLA stock because the company is an EV-market powerhouse. As you may recall, Tesla’s revenue jumped 42% year over year in 2022’s second quarter. Figures like this should remind us all that Musk’s company was, and still remains, an EV pioneer.

What You Can Do Now​

For all of the reasons discussed here, feel free to add to your share position in Tesla prior to Aug. 17. And if you don’t have a position already, now’s a great time to start one.

Otherwise, you may regret it as stock-split mania could push TSLA stock much higher. Eventually, even after the split, the stock might reach $1,000 and then some.
Click to expand...

DYOR
 
JohnDe said:
Not long now.



DYOR
Click to expand...
I loaded up. Hope there isn't a market crash in the meantime.
After a bit of research, it's shocking how far behind the competition are. From engineering, software, production the competition are nowhere near spitting distance.

Now it's just the worry that everything is in a stimulus cash bubble.
 
Got an email from volvo to say that the car we have already paid 5000 bucks deposit for has experienced delays, and will now ship in early 2023.
the first of a couple of such letters I expect.
mick
 
mullokintyre said:
Got an email from volvo to say that the car we have already paid 5000 bucks deposit for has experienced delays, and will now ship in early 2023.
the first of a couple of such letters I expect.
mick
Click to expand...

Wow, that is a big deposit. Volvo should offer interest payments to the owner until delivery.

Screen Shot 2022-08-21 at 8.40.28 am.png
 
Mooody's reasoning for a denial of investment grade statis is one for the history books, so best left to those that write the history.

Although only one metric; when under the financial microscope TSLA's, Alltman z-score, keeeps me warm in the cold nights.
 

Tesla vs Dan O'Dowd - Lawsuit Imminent​

Tesla served a Cease & Desist letter on Dan O'Dowd, the first step toward a lawsuit for commercial defamation or business disparagement.

 
I was stopped out of position a couple days back. No pump in this environment. What a shame, a bit disappointed. Ok profit I suppose. Crypto has really ruined my expectations.

I kept a small position as I do like the outlook. I might buy in lower. There's a lot of caution out there. So will be reviewing all prices down some more.
 
moXJO said:
I was stopped out of position a couple days back. No pump in this environment. What a shame, a bit disappointed. Ok profit I suppose. Crypto has really ruined my expectations.

I kept a small position as I do like the outlook. I might buy in lower. There's a lot of caution out there. So will be reviewing all prices down some more.
Click to expand...

I purchased at their low point, still hanging on for the long run.
 

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