I’d be interested in CATL investment for sure
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I don’t think increasing the battery lifespan to 1m miles will increase the lifespan of the car to 1m miles though. As I said before cars don’t get scrapped because their engines are worn out these days. They get scrapped due being uneconomical to repair when loads of other stuff starts wearing out. Also electrical faults are a big car killer these days. I doubt 12 year old Teslas are going to fare better than anything else in that regard
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Why? The most expensive and high probability of failure parts are the motor and the clutch nowadays (In the long run). Both of them are much simpler in an electric car. Agree though that cars won’t be used for the most part till 1m on the odometer and batteries will be used elsewhere.
One thing that seems little discussed is that traditional automakers make most profits on repairs and not on selling cars which is not the case with Tesla.
A lot like many brokers earning the biggest chunk of profits on CFDs and not vanilla shares sales.
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Agree with Dave that the 1mil battery headline is just that, a headline. Could well have been 500k or 2 mil and still be just as useful. In general the major ‘wear and tear’ car components are designed to last 150k miles so this is when you could expect engine components to fail (as Sergey said much less likely in e-motors due to reduced complexity) but also suspension components. So in e-vehicles you will still see failure modes on older, more used cars but I guess it’s reassuring that the battery will likely not be one of them. However, this battery mileage will soon be an industry standard and not Tesla exclusive.
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Scrap yards are full of cars with good running engines and working clutches and gearboxes, it really is the nickel and dime stuff that ends their life these days. They fail an MOT and aren’t worth fixing
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What are everyones thoughts on Tesla then - too late to get into or still tonnes of room for growth? What typically happens when a split is done - does a more approachable stock price rally buyers into getting involved?
Well its already doing well today!
I’m still expecting at least in the short term some growth, if or when it gets accepted into the S&P 500, and of course Battery Day in September. After which I shall look at my Tesla holdings.
Just my thoughts anyway.
I’m a Tesla bull but to me it feels like we’ve had 5 years of growth in a few months. By definition the growth cannot continue or Tesla would be larger than Facebook (which makes no sense).
We are either in for a major collapse or a period of stagnation. Either way, I feel like there are better returns elsewhere.
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I’ve felt that way for a long time, but I guess I’ve been wrong for most of it 
I still think it’s ludicrous that they are bigger than car companies who sell tens of millions of cars and make billions in profit. Tesla have something like 20% of the electric car market, never mind the overall market
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They are the only manufacturer to increase sales during the pandemic though.
Yeah, but I think so much success is already priced in. they pretty much need to take over the world to justify the current valuation, how much more growth can there be from here?
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Oh agreed, see my first comment.
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Remember Tesla is not just a car company… let’s stop putting them into that category only.
What do I think will happen after split? It will sky rocket again. People will try to create bad news to make it go down. If Battery day is a success will continue to go up. Also mention of S&P 500. If a new stimulus cheque is sent for the Americans then more will jump on it and then I will would be wary in mid October towards the presidential race and who becomes president. So market will be volatile.
If you are in it for the long run buy buy buy. If the short run buy buy and then sell.
Right now at 2k plus I cant tell if short sellers are buying and selling and don’t want the splits.
Btw all above is my opinion and I don’t have a crystal ball.
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Tesla became such a large holding of mine - took some skin out of the game today
$2100/5 = 420 
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I mean this is basically bitcoin round 2, the price skyrocketing wasn’t a result of some change in fundamentals and the price dropping won’t be caused by a change in fundamentals, because no one buying it is looking at those things. It’s hit a cultural awareness that means that people who would never normally be investing are getting involved, so it’s not going to play by ‘normal’ rules.
There are no rules when everyone is playing fomo / greater fool I honestly wouldn’t be any more surprised if this hits 1,000bn before hitting 100bn. That’s why I would never short Tesla, if it can be worth more than TSMC why can’t it be worth more than Facebook?
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I keep reading that, but lots of car companies are more than just car companies, look at the number of products companies like Honda make.
How many of Tesla’s other products are currently profitable? the main one seems to be selling carbon credits to other car companies
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Or more importantly what is the moat that stops anyone else doing them?
There is no doubt that the technologies developed by Tesla (cars + otherwise) are the future, but how many years will it take competitors to catch up 2, 5, 10? unless it’s 50 I don’t see how the price makes sense.
I think in 5 years we will see decent EVs from competing brands (established auto firms + new startups). Then it will become just another capital intensive industry with tough margins.
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Tempted to do the same. Could sell 1/5 of my holding and then what’s left is pure profit. Tempting…
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My opinion is that Tesla could be the new Apple, if done correctly.
Like Apple, yes there is other competitors, but I can see Tesla running with a subscription model for the software on the cars for example, this would generate excellent revenue with little ongoing costs. Just my 2p (or should I say $2k!)
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