Yes, lots of room to grow! Model Y and Chinese Model 2 will do great in China! I am gonna predict 40k CN deliveries in nov 2021. You wanna take the over or under?

i predict whatever deliveries they say they will have.
hell, i might buy a tesla some day if shareholders keep paying for it.

Seems they released shares because there is a shortage on the market. Index funds have to rebalance and add Tesla to their portfolios when it's added to the S&P.
Without adding shares imagine the price as index funds tried to add to their position.

They issued shares because they can (because Index funds need them) and they want the cash (because Musk wants to finance more pet projects).

"With articles coming every day for and against TSLA, I generally believe it to be vastly overblown stock. They are never going to be able to sell enough cars at $80k to be extremely profitable, and 5 years is a long time to wait with no profits for the time they supposedly have a $40k model that will ready for mainstream.

Thoughts?"

This quote is from post #1 in this thread almost 7 1/2 years ago.

Nothing has changed lol.

Are bears still alive in this thread? Share price is certainly at ridiculous levels.

I'm waiting for after the 21st (well, the 18th really but the 21st is the headline S&P inclusion date). Since the S&P announcement I've been praying it runs up so it makes for a nice short around the announcement date. Going good so far but sadly Tesla got caught up in the momo crap dump today.

I'm currently questioning reality at the moment

Why does TSLA get compared to other car companies and not other tech companies or data companies?

Even if we agree the valuation is absurd, it's not only competing with Ford and Toyota...

Or is it, bc they only sell cars? I've heard people call TSLA a tech company and a data company. I see they've sold cars, solar cells, flamethrowers, and promises of futuristic driverless auto pilot. What are the most closely apt companies to pit in juxtaposition w TSLA if it truly isn't Ford, Toyota, et al?

Maybe it doesn't exist which is why they're able to market themselves so effectively and get people to throw money their way.

I like what Jim Chanos said in a bloomberg interview (he's short)

"Every bull market has a few companies that everybody pins their hopes and dreams on, in the dot com bubble it was Cisco/Yahoo ect, Tesla is that company this time around. For some holders is an electric vehicle company, some say it's clean energy or a autonomous vehicle company... whatever people want to believe Elon is capable of doing. The traditional rules of valuation do not apply."

I was going to post something like this, but you did it way better. People believe that Tesla (Musk) is capable of providing world breaking tech at break neck speeds, despite the fact that after all the promises to this date they only have EVs and 2nd/3rd tier autonomous driving

I think ultimately this has an amazing fall from grace....however currently if you are not making free $ out of the EV space you are a damn fool. I've had so many doubles or triples from garbage like sbe, qs, nio, xpev, etc.

I often feel that bears still believe that Tesla will never be profitable even though they have made a profit for the last 5 quarters. They still see every event that happens as a crack. Raising money = crack, not raising money = crack, lowering prices = crack, raising prices=crack, Musk tweet anything = crack, Tesla releasing anything = crack.

Things that would never happen keeps happening, still the conclusion is always the same, Tesla is insanely overvalued and there is no possible way to justify current prices. There is always some first month of the quarter, some fire, some accident, some incorrect timing etc to justify that Tesla are making shitty cars, scamming customers, scamming investors, dead in the race for FSD, never gonna get a large market share, will get into legal problems etc.

I expect Tesla to make ~1M cars next year, 5M cars in 2025, 10M cars in 2030. And bears ITT will still say that Tesla is showing cracks, that it’s insanely overvalued and there is no possible way to justify the valuation, that Musk is a conman etc. Nothing changes...

how many shares will there be in 2030?

My guess is fewer than today (adjusted for splits).

but if marketcap stays the same and revenue grows elon alone is set to get 50mm+ shares from his compensation packet until 2028.

just retiring those shares would cost more than $30b in cash at today's price.

add another few billion just for the board and executives. and a few billion for everyone else in the company who gets options or rsus.

probably need $100b+ in capex for factories if you want to build, sell and service 10m cars/year, too.

that's a lot of cash.

Elon will never waste capital paying a dividend or buying back shares. This capital is better spent on innovation and buying other innovative companies/technologies.

They managed 650 million in profits over 5 quarters by leveraging billions in limited credits because of some strange loophole that allowed VW to spend less giving Tesla those billions than if they paid a penalty. Without those limited credits Tesla would have lost a couple billion more dollars, bringing their total to like -35 billion overall.

It doesn't matter if they sell 20 million cars a year, they are still just a car company with low margins and high overhead. People are arguing that a PE of 300 isn't appropriate for a car company, but you seem to think they are a SW/Battery/Green energy company and evidence to the contrary does nothing to sway you, or anyone else in the cult.

LOL, yep, this thread is like death and taxes. Round and round we go!

Do we think that battery technology will be the future of energy? Like will every home have a powerwall and solar, and an electric car eventually (becaue it will be massively cheaper and more efficient?)

If so, is Tesla not positioned perfectly to dominate the battery market? Battery day was pretty impressive to me. They are making batteries that are %50 more efficient at a fraction of the current cost. Then replacing lithium with silicon which is abundant and cheap.

What other company is ramping up the ability to serve the inevitable demand for cheaper more efficient batteries?

I'm not a bull or a bear. It just seems to me that Tesla is far from a car company 10-15 years from now (if they make it). It will be a combination of an energy, tech, and hardware company.

tesla has a great story, people like ARK saw it and printed, learn from that

find the next story

Yeah, round and round we go. They get their battery tech from Panasonic. Maybe Panasonic is just completely stupid, but why would they let Tesla make trillions off their tech? Tesla doesn't even spend money on R&D. Where are these world breaking battery innovations actually coming from? Panasonic? Powerwall uses Panasonic cells just like everything else!

Their solar paneling isn't even worth mentioning. Their are countless better options out there that wont basically try to scam you with some low up front pricing that ends up 25-50% higher down the line and could lead to potential other issues.

And you are a bull. At least you post like a bull

Elon Musk’s Big Government Grift

Nuclear fusion is the future.

Nuclear fusion has been 10 years away for ridiculously long. It may be ready for our grand children but we have to invest in nuclear fission if we're serious about reducing our carbon foot print within the next 20 years.

Haha, Ok. I'm pretty sure the tech is Tesla's. They plan on building their own factories and start producing their own batteries. They will still obviously need Panasonic to help with demand, but that's the way I understood it.

Labeling people as this or that after one post that was full of questions not statements, is the internet in a nutshell. Its why people can't have coordi, I mean cordial conversations on the internet.

Part of the "round and round" is bears getting instantly triggered by any sort of positive statements regarding Tesla. Do better man.

I shouldn't have to explain myself because of your senseless passive aggressive attack, but I've never bought Tesla stock but own a Model 3 and for what its worth its superior to whatever car you're driving.