Australian (ASX) Stock Market Forum

TSLA - Tesla Motors Inc (NASDAQ)

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mullokintyre said:
According toInside EV's , tesla is about to announce a new USD3.5 billion factory in Nevada dedicated to buildingt the Tesla Semi.

Given the announcement by the Governor, one would assume that there have been some significant incentives by that state to get tesla to build on the existing battery making gigafactory.
Perhaps the semi will finally move from vaporware to hardware reality.
Mick
Click to expand...
From yesterday morning -

AFD2D8B2-4F94-4869-B123-2F2BC02A3E3F.jpeg



 
7F8A5838-8FBF-4F4D-863F-A6E884FC1FA9.jpeg


ir.tesla.com

Tesla Investor Relations

Tesla's mission is to accelerate the world's transition to sustainable energy. Today, Tesla builds not only all-electric vehicles but also infinitely scalable clean energy generation and storage products.
ir.tesla.com ir.tesla.com
 
About Tesla as share and trading:
Tesla was affected by the NYSE "weird collapse" you might have heard about in the previous session if you are in US share.
I got a SL triggered at $139.82..leaving a measly 130usd profit but once "fixed",the share ended up above 145 on that same session while at $160 now....
Got a message on saxo today that some trades affected by this glitch might be reversed .but I do not hold much hope.
Just to say that if volatility in the stock can be your friend, we remain subject to a lot of factors where even the right call at the right time can still see you miss a sweet 15% jump in 2d
 
qldfrog said:
About Tesla as share and trading:
Tesla was affected by the NYSE "weird collapse" you might have heard about in the previous session if you are in US share.
I got a SL triggered at $139.82..leaving a measly 130usd profit but once "fixed",the share ended up above 145 on that same session while at $160 now....
Got a message on saxo today that some trades affected by this glitch might be reversed .but I do not hold much hope.
Just to say that if volatility in the stock can be your friend, we remain subject to a lot of factors where even the right call at the right time can still see you miss a sweet 15% jump in 2d
Click to expand...
and my trade was not reversed..
 
moXJO said:
I'll check around because you got robbed.
Click to expand...
This is what happens. No sweat.
I somewhat believe if I was a major fund or bank, this would be different..
But it good on you to have your share and profits
It remains a great trading share but with no stop loss profit making or similar
 
JohnDe said:
It has happened before. Every so often the haters get traction and the stars align and create panic, and then economics and realisation kick in and FOMO gets traction.
Click to expand...
Yeah, I love these kinds of trades. Takes me a while to find stuff that's interesting. But I basically live off "meme momentum".
 
This is just one persons opinion, but if he is right.... Tesla could be huge. Only time will tell.

 
JohnDe said:
This is just one persons opinion, but if he is right.... Tesla could be huge. Only time will tell.

Click to expand...

Well if Tesla becomes the Apple for cars as he suggests then he may be right. People willing to pay for a brand. You do have some Europe brands though but over the next three years Tesla should definitely have an edge.
 
Knobby22 said:
Well if Tesla becomes the Apple for cars as he suggests then he may be right. People willing to pay for a brand. You do have some Europe brands though but over the next three years Tesla should definitely have an edge.
Click to expand...
The problem is, the apple products, although mostly wonderfully technically advanced, are priced much higher than the plebs wish to pay.
Apple has always had a base of loyal followers (I was one , somewhat less so now), but its market penetration has remained static for years.
They will appeal to the young and well heeled, but for the poorer majority, they will settle for cheaper samsung phone or tablet, and a chromebook for home browsing.
I suspect that tesla will be the same, especially as they will be undercut by cheaper Chinese products that the bottom 75% of the population buy purely on price.
Mick
 
And now for some good and bad news for Tesla.
Firstly, the bad news.
Tesla has had to recall 360,000 vehicles over issues with the autonomous driving.
from NHTSA
Tesla, Inc. (Tesla) is recalling certain 2016-2023 Model S, Model X, 2017-2023 Model 3, and 2020-2023 Model Y vehicles equipped with Full Self-Driving Beta (FSD Beta) software or pending installation. The FSD Beta system may allow the vehicle to act unsafe around intersections, such as traveling straight through an intersection while in a turn-only lane, entering a stop sign-controlled intersection without coming to a complete stop, or proceeding into an intersection during a steady yellow traffic signal without due caution. In addition, the system may respond insufficiently to changes in posted speed limits or not adequately account for the driver's adjustment of the vehicle's speed to exceed posted speed limits.
Remedy
Tesla will release an over-the-air (OTA) software update, free of charge. Owner notification letters are expected to be mailed by April 15, 2023. Owners may contact Tesla customer service at 1-877-798-3752.
Click to expand...
Now for the good news.
From Elektrek
Tesla has sold out the Model Y for the quarter in the United States with no more production builds until April, even though we are just halfway through the quarter.
With the significant price drops and the new $7,500 federal tax credit for electric vehicles, Tesla has seen a surge of orders in the United States.

Now sources familiar with the matter told Electrek that Tesla has completely run out of production build slots for the quarter for Model Y, which is now Tesla’s highest-volume model.

While Tesla is sold out for new production “build slots,” it will still have some specific configurations in inventory available in some markets.

The automaker has updated its estimated timeline on the Model Y to “Est. Delivery: Apr – Jun 2023,” which is after having increased the price of the base Model Y back up $1,500 after reducing it by $13,000 early last month.

Meanwhile, new base Model 3 vehicles can still be built and delivered this month with an estimated delivery timeline of “Feb – Mar 2023.” That’s despite Tesla continuing to reduce the price of the Model 3 since the big price drop in early January.

We suspect that Tesla might have issues selling Model 3 vehicles right now because of the impending refresh that is expected to come soon.

But one thing that is helping Tesla sell Model 3 and Model Y vehicles this quarter is the fact that we don’t know if those models will still have access to the full tax credit for vehicles delivered after March.

The new battery sourcing guidance is coming by then, and automakers will start to know whether or not they qualify.

Furthermore, Tesla buyers in California also have access to an additional $2,000 incentive on top of the $7,500 federal tax credit. With California being the biggest EV market in the United States by far, and Tesla dominating the US EV market, this is going to be a big help for the automaker to keep growing in the state.

Tesla delivered close to 200,000 electric vehicles in California in 2022. It was a record performance for the automaker, but there’s still room to grow with electric vehicles only accounting for 16% of new passenger vehicle sales in California.
Click to expand...
It would seem that the old adage, "price matters" even applies to Teslas.
Mick
 

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