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

[winston]

vested

Cathie Wood Doubles Down on Stance That Forthcoming Tesla Product Will 8X Its Stock Price

Tesla stock recently traded around $211, having almost doubled from its December low.

Predicts shares of the electric vehicle titan will reach $1,500 to $1,600 by 2028. That’s almost eight times the recent price of $210.

She’s particularly enthusiastic about Tesla’s autonomous taxi effort.

“Autonomous taxi platforms, and Tesla is in the pole position, will have [profit] margins in the 80% range.”

One-third of Tesla’s stock surge over the next five years will come from growth in electric vehicle industry and the rest will come from AI.

Source: The Street

https://finance.yahoo.com/m/afad703f-cb ... wn-on.html

[behappyalways]

Not vested

The blue trend lines implies that the share price is still on a downward trend
$TSLA chart showcasing a classic reversal doji yesterday. The downside today begins after it slammed into major resistance (note the chart). Target is likely $145 (gap fill).
https://mobile.twitter.com/GarethSolowa ... 1507894286

Tesla Now Raising Price Of Its Model Y In China
https://www.zerohedge.com/markets/tesla ... el-y-china

[winston]

vested

Elon Musk Reveals a Tesla Secret

Electric vehicle maker has profit margins that rivals envy.

by LUC OLINGA

Its share in the global passenger electric vehicle market was 13% in the third quarter of 2022. Volkswagen, the second western carmaker in terms of sales of passenger electric vehicles has only a market share of 4%

Tesla's automotive gross margin was 28.5% last year. To compare, Ford had an adjusted margin before interest and taxes of 6.6%, while GM said its adjusted Ebit margin in North America was 10.1% in 2022.

Between 2015–2020, the average profit margin for major automotive companies worldwide was nearly 7.5%.

Tesla has no dealerships. The company sells its cars --- the Model 3 sedan, Model S sedan, Model Y SUV and Model X SUV --- directly to consumers. Tesla also does not advertise unlike its rivals who spend millions of dollars on marketing.

Last year, for example, Ford's total costs rose 15% last year, while GM's rose 24.4%. Tesla's operating expenses edged up 1.6%.

"Large incumbent carmakers sell their cars at low to zero true margin". Most of their profit is selling replacement parts to their fleet, of which 70% to 80% are past warranty.

"The product has to be compelling enough to overcome a fundamental cost disadvantage."

In addition, Musk and Tesla innovated by introducing the over-the-air delivery of software updates in vehicles with new features and functionality. When an update comes available, vehicle owners are notified and given instructions on how to do it themselves. This keeps their vehicles up-to-date with the latest innovations and gives the car manufacturer a steady source of income through subscriptions for the service updates.

The automaker increased its free cash flow by 51% last year to $7.6 billion despite huge investments in new factories, factory expansion, and new tooling.

As a result, the company's total cash and investments increased $1.1 billion sequentially in Q4 to $22.2 billion.

Source: The Street

https://www.thestreet.com/technology/el ... _ven=YAHOO

[winston]

vested

Soros Fund Management scooped up 242,399 shares of Tesla TSLA during the fourth quarter, according to a filing on Monday, a roughly 270% increase, bringing the fund’s total holdings to 332,046 Tesla shares.

Source: Market Watch

[winston]

Vested. Up 7.5% last night. Looks like I sold the 1/2 portion too early ...

Tesla to open up a portion of charging network to all EVs

by Keith Laing & Ari Natter

At least 7,500 of Tesla’s charging stations across the US will be available to all EV users by the end of 2024.

The aim is to give EV owners more freedom to travel, and it will include at least 3,500 of Tesla’s Supercharger stations — which tend to be near highways — as well as its slower Level 2 “destination chargers” at locations such as hotels and restaurants.

A better working relationship could aid Tesla in tapping the federal government’s US$5 billion (RM21.96 billion) of funding to build its national charging network.

Tesla is one of 16 companies that will provide an additional 100,000 chargers to the US network.

Source: Bloomberg

https://www.theedgemarkets.com/node/655372

[behappyalways]

Not vested


0dte at work......a lot of 'gamblers' out there...like 2021 but the environment is not 2021 with 0 interest rates...

With 0dte....everyday is option expiry day...

5 are TSLA options that expire Friday
https://mobile.twitter.com/biancoresear ... 7404642305

[winston]

vested

Tesla investor Gerber says pursuing board seat

Ross and the Gerber Kawasaki team currently oversee US$1bil (RM4.39bil) of investments.

The wealth manager’s firm owned about 440,000 Tesla shares, or 0.01% of the company, as of Dec 31.

Gerber also holds some of his own shares privately and has told Bloomberg he had a pledge from Leo KoGuan, who is one of the largest individual investors in Tesla.

Gerber has said he plans to be a “friendly activist” and has a number of goals if successful in joining the board. Those include succession planning, examining compensation agreements and addressing what he perceives as a conflict of interest in Musk running both Tesla and Twitter Inc.

Source: Bloomberg

https://www.thestar.com.my/business/bus ... board-seat

[winston]

vested

Billionaire George Soros Confirms Huge Bet on Tesla And Elon Musk

The legendary financier continued to buy Tesla shares in the fourth quarter despite the electric vehicle maker's stock market rout.

by LUC OLINGA

SFM held 132,046 Tesla shares as of December 31, according to a regulatory filings. This represented an increase of 42,399 shares compared to September 30th.

In addition to the shares he owns he also placed a call option on 200,000 additional Tesla shares.

Stock market regulations require managers of funds with more than $100 million in U.S. equities to file a document, known as a 13F, within 45 days of the end of the quarter.

Source: The Street

https://www.thestreet.com/electric-vehi ... lon%2BMusk

[winston]

vested

Cathie Wood Reveals One of the Key Theories She's Banking on for Her Firm's Tesla Investment

The EV revolution won't happen if production of this key ingredient doesn't increase.

by TONY OWUSU

The 10-fold increase in lithium prices during the past two years is a clarion call for more production and supply. Now that CATL in China, Samsung and LG in Korea, and major auto makers have committed to the EV revolution, odds are high that lithium will be in excess supply…

Cathie Wood recently predicted that shares of the electric vehicle titan will reach $1,500 to $1,600 by 2028. That’s almost eight times the recent price of $210.

She’s particularly enthusiastic about Tesla’s autonomous taxi effort.

“That’s the biggest opportunity in the next five to 10 years around AI,” Wood said. “Autonomous taxi platforms, and Tesla is in the pole position, will have [profit] margins in the 80% range.”

Source: The Street

https://www.thestreet.com/investing/cat ... Investment

[winston]

vested

Tesla’s Model Y sold out in US, no stock until April

The aggressive price cuts have fuelled demand for the best-selling EV.

Elon Musk had then said that vehicle orders were roughly double the company’s output in January after the first round of price cuts and Tesla’s aggressive price cuts have ignited demand for its electric vehicles.

But in February, the automaker raised the prices of its best-selling vehicle by US$1000.

Last month, Tesla also pushed back the expected delivery of its basic Model Y to customers in Germany to February-March.

Source: Reuters

https://www.freemalaysiatoday.com/categ ... til-april/