Tesla Motors (TSLA) / Elon Musk 02 (Dec 22 - Dec 25)

[behappyalways]

Musk Hands Over "Badass" Big-Rig Tesla Semi To PepsiCo As Deliveries Begin
https://www.zerohedge.com/markets/musk- ... ries-begin

[winston]

vested

Tesla ‘Not In Trouble’ Despite Headwinds

by REBECCA MEZISTRAN

It's an expensive stock at the best of times, and now it's facing competition, it's facing narrowing margins and it's facing demand headwinds.

So that makes that valuation even less attractive.

Source: The Street

https://www.thestreet.com/video/tesla-n ... BHeadwinds

[behappyalways]

Tesla reduces Shanghai output in latest sign of sluggish demand
https://www.theedgesingapore.com/news/e ... ish-demand


Tesla Shares Dump And Pump After Shanghai Factory Output Cut Story Refuted As "False Information"
https://www.zerohedge.com/markets/tesla ... first-time

[winston]

vested

Tesla's Shanghai Factory Delivers More than 100K Vehicles in Nov, Hitting New-High in Single Month

Tesla (TSLA.US)'s Shanghai Gigafactory delivered 100,291 vehicles in November, hitting a new high in a single month, Xinhua News Agency reported.

In the first 11 months of this year, the Shanghai factory delivered more than 650,000 vehicles.

Source: AAStocks Financial News

http://www.aastocks.com/en/stocks/news/ ... t-news/HK6

[winston]

vested

Tesla's troubles are piling up while Elon Musk is distracted with Twitter

by Sean O'Kane

Weakening demand in China is forcing the electric-vehicle maker to slow production and delay hiring at its Shanghai factory.

Its top executive for that market has been called in to help out at its newest plant, in Texas, which isn’t ramping up as planned.

The share price is under renewed pressure as Musk’s advisers weigh using the billionaire’s shares as collateral for new loans to replace Twitter debt.

Recessionary conditions in Europe.

Tesla planned to cut production on the Model Y and Model 3 production lines in Shanghai by about 20%.

Buybacks: US$5b to US$10b possible.

Source: Bloomberg

https://www.theedgemarkets.com/article/ ... ed-twitter

[winston]

vested

Tesla stock has never been this cheap — and it could still drop further

by Subrat Patnaik

Tesla is now trading at 30 times projected earnings, its lowest ever, and well above the benchmark S&P 500 Index’s 17 times forecast earnings.

Risks from its billionaire CEO’s association with Twitter to falling demand in China, the world’s largest car market.

Plans to suspend output in stages at its Shanghai electric car factory from the end of the month until as long as early January.

Source: Bloomberg

https://www.theedgemarkets.com/article/ ... op-further

[winston]

vested

Tesla Faces Demand Weakness as Competitors Close In

by John Engle

Tesla increasingly appears to have a demand issue. The company has responded by cutting prices in China and the US (for December deliveries), and purportedly reducing production in China.

We estimate that price cuts In China and the US this quarter (Q4) will negatively Impact ASPs globally by roughly 2.6% or $1,400 per car. All else equal, this points to a 200 bps decrease In automotive gross margins.

It takes more than disruption to succeed in the long run:

Intensifying competition across its major markets has already forced Tesla to cut prices. Should the company also feel compelled to decrease production output, the market may be forced to reassess the many years of rapid and sustained growth already priced into its $526 billion market capitalization.

Source: Guru Focus

https://www.gurufocus.com/news/1908898/ ... s-close-in

[behappyalways]

馬斯克的秘密武器 CNBC專訪特斯拉產品設計總監｜FOCUS午間新聞 20221213@tvbsfocus
https://m.youtube.com/watch?v=y6ZJQHWYO-E

[winston]

vested

Tesla stock is trading at its ‘cheapest valuation’ in years, Wedbush’s Dan Ives says

by Brian Sozzi

First, the risk of operational miscues at Tesla has grown as Elon Musk works around the clock to fix Twitter.

Second, concerns remain around manufacturing issues and the pace of sales for Tesla in China.

Tesla's stock trades on a forward price-to-earnings multiple of 32 times, according to Yahoo Finance data.

Year to date, shares have nosedived about 54%.

And lastly, competition in the EV space in the United States has only intensified this year.

Source: Yahoo Finance

https://finance.yahoo.com/news/tesla-st ... 47306.html

[behappyalways]

Musk Unexpectedly Sells $3.6 Billion In Tesla Stock In Last 3 Days
https://www.zerohedge.com/markets/musk- ... ast-3-days