Have you seen this
Have you seen this
Here’s some more ‘FUD’
Just read that analysis which was quite solid.
I think the <$200 targets are just a little…questionable (I am physically restraining myself typing that). Have to say that Tesla has pretty much a make or break year ahead of it, we’re seeing a mountain piling on right now with China, stores and the Crawley fire, SEC and profitability. If the Model Y reveal is even remotely close to “meh” I think I might be start getting ugly…
As I mentioned, I think this is good news but changing course like this makes it seem like their strategy’s not that well thought out
Edit - maybe this is why:
I don’t even know what to think anymore lmao
Model Y is cheaper than I thought it would be, it also looks good, specs are nice as well.
They mention 15 minutes charge gets you 168 miles, this will be the next major competing point, especially since the Porsche Taycan can provide a 62 mile range in 4 minutes. Feels like Tesla might be headed in the wrong direction on pay per use for the chargers, when again Porsche will provide free charging points for 3 years.
I’ve had some time (and sleep!) to digest Q1 Earnings, which you can access here, initially fearing for the worst I think there are silver linings in the shareholder letter.
A minor clarification: Tesla has confirmed it will be using several battery suppliers for Shanghai. Together with the negative Panasonic news this could be the end of a decade-long friendship.
I’ve felt they have been overvalued and even with the 25% drop of share price of last year I still won’t touch them. I just don’t know how they keep finding cash.
Just like with Uber, people believe in its future success and are happy to keep injecting cash.
I listened to the earnings call last night. I was rather encouraged to be honest and over the next couple of years I’m hopeful they can start bringing in more of those additional revenue streams. At the moment there is definitely a blockage in battery production which is slowing down activity in the power wall sector whole they prioritise the use for cars but this year they suggested lore capacity would go to power wall and that things like the solar roof tiles will start earning next year in earnest.
If they can work with regulators over then next few years on the automatic taxis then that would be very exciting.
Tesla stated last night that all tesla currently being sold will be able to be turned in to auto taxis and earn their owners an additional revenue, not to mention for tesla I would have thought too.
My own opinion and do your own research. Obviously I choose to believe what they say, not everyone will.
Yes I think Musk is a huge liability to Tesla, but also a huge asset. He clearly sees where the industry is going and will sacrifice anything but himself to get there, but his timelines are far too optimistic (a deliberate tactic I suspect to drive employee sacrifice) and he can’t resist taunting competitors. I too am optimistic in the long term for Tesla, esp. if he finds some capable operations people as at spacex. The software talent he has there is impressive IMO.
I’ve now invested in Tesla and will be interested to see what happens but it is my riskiest investment outside crowdfunding.
Always entertaining though!
It is entertaining. Just have to look at the leafblower tweet he sent out the other day
Only down side is I have shares in tesla at HL and want to bring them to freetrade and top up while prices are lower than I originally paid
Did you get an electric leaf blower?
Pretty sure my blood sugar has spiked with the birthday cake and cake day cake in this thread today
If you have the spare cash maybe just buy the Tesla shares in FT and then sell them in HL and take the cash to cover your costs?
Waiting for the isa on android and I’ll do exactly that
Hargreaves Lansdown as good as the app is really agrevates me with the £12 buy sell costs.
Actually I’ll wait until the freetrade raise money comes out first
You can already get the isa on Android, with a little jiggery pokery… and the iOS app.
Waiting for switching then, already have a gia which I don’t want to get rid of for other reasons
Check out this jiggery-pokery, not ideal but until they release switching accounts in android it will have to do.
Unfortunately only works if you have iPhone/iPad also