Maybe look at their profit and expected earnings in the next 5 years, might be the reason. Everything is going electric soon and tesla have the advantage in engineering and production and win hands down in every sector
Is that against the law or something bud? I cashed out on woodbios 20% up when it was 0.07, shipping and a looming recession dropped their share value. Still have bought back in on the low though. Did say take my advice simply saying my opinion
That is my point ie that not everyone is going to buy a Tesla.
It doesnât matter if Tesla has the best margins or engineering if they donât get the sales (and the recent history of car manufacturing suggests it is rare that any manufacturer particularly monopolises the market).
Things like price, financing, reliability, brand loyalty, styling, customer perceptions and Iâm sure a host of other factors all come into play for customers buying a new car.
Yes they do but tesla are still increasing in sales year on year and even with a price drop still making money not loosing it. Ford have said they wouldnt be making any profit till 2025 on ev and that was before tesla brought in price cuts, how many people will now choose tesla over their normal choice of car maker, in the ev world. People choose ford because they have been in the market for a very long time, but not as an ev company, tesla is well known for the best ev company
Youâll see that despite Tesla dominating the top two spots they actually sold less than the next 8 models combined - so as I said âbestâ doesnât always translate into sales.
Tesla (for some reason*) had huge profilt marginsâŠ
the recent price cut has reduced those.
*the quality of Tesla cars is poor, as too is the actual quality of the software⊠Tesla had the advantage of a start up with zero regulatons and is having to work downwards to within now set (or ongoing) regulation controlâŠ
Other companies are working upwards to matching those.
There will soon become parity at which point Tesla is just another name of the shelf of bread
Iâm more interested in the Lithium refining and stationary storage than i am the cars.
I see the Tesla brand as the Weyland Corporation from the Alien franchise. Probably not as insidious as them though. But if they release a robot and call it Bishop or Ash then you saw it here first.
Well take it or leave it, telsa shares will rise year on year. Up to you if you feel they will or wont. They are miles ahead in Ai than any other company, theres still lots to come from them in the next couple years, different models, semi, truck ect along with the other things going on, you can slate the company and ceo all you like but at the end of the day they make money and lots of it, and it will only go up.
In the last YOY from today, Tesla shares are down 54% (from recent peak to trough 70% loss), that is a massive loss, and theyâd have to rise 100% from here to make that back.
AI for driving or robots personally I do not think will be usable for another 10 years, though when it comes it will be revolutionary. So that is quite a long time horizon to have an impact.
Given the short-term headwinds and bad quarters to come and possible fed sticking to rate rises, I suspect theyâll fall further later this year before recovery, but it may take a long time to see the pandemic highs. I agree long-term (after this recession) they have good prospects with semi, truck, cheaper models, battery storage and growing use of EVs, and they wonât die now, but I would be wary of using the manic highs of the recent bubble market as a price target or reference.
If the Fed pivots as people expect this year Tesla might quickly rise again along with all stocks, but that would mean another wave of inflation later (as in the 70s) and even more drastic rate rises later to address it, which will severely affect growth stocks like this.
They have had to increase the price of their cars after the cuts because they have had so many sales to keep up with. Like i said my opinion, its going to open around $160 today, my original post was at $126 come Q1 this year i think it will be heading 220 or more .
So much value of this stock was based on innovation (we now know was fake from deposition last week) and Muskâs personal charisma (now portrayed anywhere on the scale from irrational to alt right). I do not see it recovering to the previous numbers.
Also taking into account huge Twitter debt how much of the shares will be sold plummeting the price even lower?
Iâm reluctant selling at a loss, as it was one of my main stocks. So will be holding for another few months to minimize the damage. But when I get rid of it, and I canât wait for it, Iâm not touching it ever again.