Tesla Motors (TSLA) / Elon Musk 01 (Jul 10 - Nov 22)

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Elon Musk carried a sink into Twitter on Wednesday as deal nears close
https://www.cnbc.com/2022/10/26/elon-mu ... close.html

Elon has arrived for the Twitter board meeting.
https://mobile.twitter.com/WallStreetSi ... 1824017408

[winston]

vested

Tesla: A $10 trillion company in the making

Tesla delivered 343,830 electric vehicles (EVs) in the third quarter, up 42%, but that figure still fell short of the 371,000 vehicles analysts were expecting.

On the earnings call, CEO Elon Musk said Tesla still anticipates growing deliveries by “on average 50% a year as far into the future as we can see.”

He also noted that limited logistics capacity played a big role in the recent shortfall, but that Tesla is working to smooth regional builds throughout the quarter to reduce end-of-quarter bottlenecks.

Total revenue soared 56% to $21.5 billion in the third quarter, the company again achieved an industry-leading operating margin, and free cash flow skyrocketed 148% to $3.3 billion.

It’s worth mentioning that Tesla achieved that industry-leading operating margin despite the cost-intensive production ramp at its newest Gigafactories in Texas and Germany. That means it should become even more efficient as those facilities reach scale.

Also noteworthy, Musk said 4680 battery cells would be incorporated into a significant portion of vehicles produced in Texas in the coming months. That’s a big deal because Tesla already pays less to build battery packs (the most expensive part of an EV) than any other automaker, but the 4680 will further lower production costs.

The Full self-driving (FSD) beta software will be available to all drivers in North America this quarter, and Tesla has a robotaxi slated for production in 2024.

Presently, Tesla has a market cap of $700 billion, but New Street Research analyst Ferragu thinks that could rise to $10 trillion by 2030 if Tesla achieves its goal of producing 20 million electric cars per year by that time.

Source: Daily Trade Alert

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Short seller Jim Chanos warns Tesla stock is pricing in absurd hopes and dreams - and Elon Musk seems distracted by Twitter
https://markets.businessinsider.com/new ... na-2022-10

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vested

Warning: This Stock is ‘Extremely Overvalued’

by Jody Chudley

First, revenue came in at $21.4 billion, for an increase of 55% from the same quarter last year. That is some impressive growth.

Second, net income jumped to $3.3 billion, which doubled the $1.6 billion posted in the third quarter of 2021… an even bigger increase than revenue’s!

Third, Tesla generated $3.2 billion in free cash flow for the quarter. That means operating cash flow exceeded money invested in the business by $3.2 billion.

And finally, Tesla’s balance sheet remains pristine, with $21 billion in cash and no significant long-term debt.

With Tesla’s share price of $210, that means Tesla is trading at more than 50 times earnings.

Source: Wealthy Retirement

https://tradesoftheday.com/2022/11/02/w ... vervalued/

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Tesla Held Talks With Mining Giant Glencore Over Equity Stake
https://www.zerohedge.com/commodities/t ... uity-stake

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22.11.01【豐富│東南西北龍鳳配】Pt.1 推特真的會是馬斯克「滿滿的大平台」？
https://m.youtube.com/watch?v=xXsI1lSW-XA

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The Chartmaster says Tesla stock is primed for a breakdown
https://m.youtube.com/watch?v=guebEfqfmGc

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vested

Tesla is recalling just over 40,000 2017-2021 Model S and Model X vehicles that may experience a loss of power steering assist when driving on rough roads or after hitting a pothole.

The Texas-based electric vehicle manufacturer has released an over-the-air software update to recalibrate the system after it began rolling out an update on Oct 11 to better detect unexpected steering assist torque.

The National Highway Traffic Safety Administration said a loss of power steering assist can require greater steering effort, especially at low speeds, increasing the crash risks.

Tesla said it had identified 314 vehicle alerts for this condition among US vehicles that may be related to the recall but said it is unaware of any injuries or deaths related to this condition.

The automaker said that as of Nov 1 more than 97 per cent of the recalled vehicles have installed an update that has already addressed the recall issue.

Separately, Tesla is recalling 53 2021 Model S exterior side rearview mirrors that were built for the European market that do not comply with US “Rear Visibility” requirements.

The mirrors were installed during US service visits. Tesla has issued 17 recall campaigns in 2022 covering 3.4 million vehicles.

Source: Phillips

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GVGT/GPGT - This ish how Elon fire peepur kym?
https://forums.hardwarezone.com.sg/thre ... m.6833131/

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Supply Hell: Wait Times For Tesla Model 3 And Model Y Just Evaporated Down To One Week, At Minimum
https://www.zerohedge.com/markets/inven ... evaporated