Amazon started outselling books online. The Amazon today is something completely different animal. If Tesla can somehow be more than a car company, I can see that possibility. Please don’t say Robotaxi.
OT: Stock and Investment Talk
- Thread starter RU-05
- Start date
An annual production rate of 1 million EV cars with a relatively outstanding profit margin is BS? Time to stop the silliness.
Last edited:
Yes the did start out by selling books and then they moved to selling everything(hence the “everything store”
Where do they make majority of their profits from margins? AWS and where they built out the public cloud realizing all the data centers they had and how they can rent/sell that space. Super smart and a new innovative business was created.
While I don’t own a Tesla, I do own stock, and I think Elon is super smart yet off in many ways I am not valuing Tesla as a car company. While their revenues are earned in that space right now and the belief that robotaxis are coming with ridiculous revenue projections, I believe they will innovate with energy solutions as well as all the data they have collected on every driver of their vehicles and every user of their charging stations. The amount of data they must have on people prob compared to google. Imagine what that could do for advertising efforts or beyond.
again I’m not a Tesla fanboy but I just see a future of business that the ordinary car dealer is not even thinking about as they are there to sell cars
There are many signs that fintech is in a bubble, billionaire investor Flowers says
"It's a mixed bag. There's a lot of fluff out there," J. Christopher Flowers told CNBC.
Cathie is a nice person, but at some point she is going to need more winners like TSLA before she can be anointed as an all time great.
The BNPL play has likely peaked. SQ, PYPL are still the cream and will over time continue to outperform.There are many signs that fintech is in a bubble, billionaire investor Flowers says
"It's a mixed bag. There's a lot of fluff out there," J. Christopher Flowers told CNBC.www.cnbc.com
1M cars + nice profit margin = great company.
But $1T market cap = you and the Teslarati need your heads examined.
I still like PYPL despite the downgrade and talk of increased competition on multiple fronts, but I’ll let the froth come out. I gave 170 area as where I’ll be interested to take a look. If it gets there I’ll see what’s happening with it and the market as a whole to determine if I start a position there or not.
Exactly - re: growth prospects, with EVERY single auto manufacturer across the globe now shifting their attention to EV, and with dozens or more EV start-ups, would you say Tesla’s growth prospects are better or worse today than they were 2 years ago before the massive EV push? I’m not saying Tesla won’t sell a bunch of cars. But they will absolutely sell less cars than they would have in a world where Ford, Rivian, Lucid, etc. don’t exist. They aren’t the only game in town anymore. It’s that simple.
T2K - seriously, how long have you been investing? At times you seem to have a decent handle on a variety of investment topics, but at other times you talk like the security guard in my building that makes $22 p/hr who just yesterday was trying to convince me that ARKK is a steal at current levels. There is no love or hate when it comes to investing. If Tesla was in the same position today as it was 2 years ago - i.e., zero competition - I’d be buying hand over fist. The auto industry has a troubled history similar to the airlines so of course there will be a shake-out and Tesla will likely be a leader. But the Teslarati are delusional if they think in 5 years the Turnpike will have rows and rows of Tesla and no other EV or ICE brands represented.
Are you setting up a stupid false scenario. TSLA always had competition. There are tons of EVs on the road for years (GM, F, Audi, BMW, etc). Stop the silliness. You are literally making no sense.
TSLA is making 1 millions cars a year and will quickly get to 3 million once the new plants are open. Demand is through the roof for their product.
Correct me if I’m wrong, but last year, electric vehicles accounted for about 2 percent of all car sales. So your statement “tons of EVs on the road for years” sounds exactly like something the security guard in my building would say.
Funny you say that, it seems no matter where I go the most unlikely people are talking about the stock market and crypto. My son’s 25-year old trainer was telling me that he loves eating at Shake Shack so much that he bought the stock. If that’s not a warning sign about the new investing model I don’t know what is.
No worries, I understand that it’s hard for so-called investors to understand that there are these things called “numbers” which can tell us a lot if we actually pay attention to them. Right now, there are too many people that ignore numbers and are simply riding the speculative wave and hang on every word in a Sawyer Merritt tweet.
Yeah, the # of EVs, not ICEs. You need to do better and stop trying to change topics with you are losing.
One more mistake and back on the ignore list.
I'm sure a lot of people love what GameStop is selling so I guess that justified buying it a $425. And of course after a thorough study of the balance sheet, PE ratio and dividend payout.
BOOM! Agreed. However, it is almost certain that the Senate will make some changes to the House's proposal. And the Senate needs to overrule the House's plan to kill backdoor ROTH contributions. We shall see!
For all those taxpayers with income under 400k who have state and local income and property taxes of 80K 😉 But then again, this IS New Jersey.
When it comes to TSLA, current valuation and even future valuation (even given the EV growth) makes no sense. I agree that at some point there will be other car makers producing enough EV's that TSLA's market share will go down. With TSLA though, you are also betting on the future of auto. Not just EV's, but potentially some form of self driving cars. In that regard, TSLA has maybe a decades worth of data over any other company. Now self driving cars may completely fail, but the bet is that Musk (given that he is a genius) will find a way to make it work.
I bought TSLA at a "low" price in the mid 300's, got out at 700, then traded it for a little bit as it channeled between 650 and 750. I've been out since then unfortunately. I just want to add that TSLA is more than just an EV company. It is into solar panels, power walls, AI, also that may or may not be baked into the price. I can't see owning at these P/E levels no matter how future looking the numbers are. I like the company, its technology and it will be a player for a long time. With govt. stimulus monies drying up, all these high growth companies (for the record, I'm a big believer in tech, or as some call it, America 2.0), inflation settling in either transitory or longterm, quarterly earnings in 2022 will be hard pressed to match this and last year's numbers. I'm transitioning to some cash and now have a longer term view of crypto. Correction is inevitable and it might be better to get some money out a little earlier rather than late (despite T2K's buy and hold mantra).
Becky Quick had an interesting quip yesterday on Squawk Box. She said you take a company named "EV-Crypto-Cannabis Inc." public these days and have the same results as for anything ".com" back in that bubble.
Totally agree. I took some profits and freed up cash this week in my individual account. Although sounds like D.C. is talking about crypto and the digital dollar more which could lead to a crypto sell-off. I don’t know if that money would enter the market pushing it higher or lead to a hefty decline. Either way, just thinking of possible triggers.
Bought TSLA at $570 in March (also own a ton via funds and ETFs). Holding it for a long, long time. My mantra is definitely buy and hold (and buy more on the dip/correction), but this depends on your time horizon. What's appropriate for me and my 15+ years before retirement is not right if you are older or have less risk tolerance.
$570? So late to the party. Should have bought Lucid in March, would be up more now.
Completely for fun. As a Tesla investor and Elon fan, I loved it. Is Elon leaving a trail of breadcrumbs indicating a Tesla 5 for 1 split on 12/9/21?
Funny, I was told the same type of thing when I first bought Tesla. 🤷🏻♂️
Guessing you missed it, I posted this a few days ago. Absolutely too crazy to not be true.
Sorry, I missed it. Yes, crazy indeed! I'm leaning towards likely, but I think my judgement is clouded because I want it to be true. It would be so cool.
Buy a gift card while you’re at it. Many denominations to choose from…
Tesla Shop Gift Card
Give the gift of Tesla all year long. Add a personalized message to your digital Tesla Gift Card for any occasion and share the transition to a sustainable future with family and friends. Tesla Gift Cards can be applied towards all purchases of our exclusive apparel and lifestyle products, as...
shop.tesla.com
I'm not a stock person. I bought 10-12 stocks in early March during the tech correction just for fun. I owned a ton of TSLA prior to this in funds/etfs.
Ah, another short term shorting opportunity. Did that close to the last split because the price was jumping, seemingly because some people (none of you) thought their investment would quadruple in value. Once reality set in and the price dropped I covered and made a quick 10 %.
I would’ve never guessed that you are a Elon fan. 😀 I never understood why a stock split makes it a better investment. But Musk knows all the tricks to get the retail investors. I called this like two weeks ago.
It’s all about the retail investors to him. They will look at the difference of $1,100 per share vs $220 per share(5:1) and say “amazing, I can get into TSLA at such a cheaper price”. Fundamentals will not be at play in their decision making whatsoever.
mid this were to happen though there will be a nice run up over the next few weeks which would be nice
