Where will the share price be by next week or month? #investments #tesla #tsla
It’s going to join the $Trillion club next month. Musk is going to be the richest man in the world🤡🤡🤡
He already is
No he isn’t...?
Tesla Revenue: $6.04 billion vs. $5.37 billion, expected. Net income: $104 million (GAAP) In the year-ago quarter, Tesla reported $111.2 million in revenue from regulatory credits. That number nearly tripled to $428 million in regulatory credits in the second quarter of 2020.
All of this in a coronoconomy hit quarter while factory was shut for 7 weeks, ramping up production for model y, ramping up production in China and constructing a new factory in Berlin. If they just focused on profit, they could have done it without the carbon credits. I'd probably be done with them at that moment. It's not like you get dividends from the profits. They rather choose to put their money in growth and be ahead of the curve i.e. the competition.
They need organic revenues not the ZEV credits
Suck it Ford. Their automotive gross margin is 25%. Have you ever heard such a number in your lifetime?
Suck it microsoft. They are running alone in the race. Look what happened to their luxury segment when etron and tayacan entered it. S and X is dead. Talk to me in 2 years. Till then, enjoy winning the race alone. Also, talk to me when they start producing 5.5million cars in a year and still get 25% margin.
Musk will be the richest man on planet in 2-4 years
Highly unlikely.
He already is the richest if you count his private ownership
Wait for the moment they launch full self driving, Tesla will trade at 10k per share
Holy moly. First $2T company
Might take a few years but they’ll get there
Now breakdown earnings between operations and the selling of regulatory credits.
Hmmm... I remember when the early 2019 apple headlines were bearish due to revised guidance down and basically it bottomed just under 150 around that time. Probably a good time to sell Tesla as this will just provide liquidity for the big holders to dump on
I think the thing we should be expecting is a CORRECTION. Price is too high even by Elon’s words
What... it’s not like it’s bigger than the combined market cap of every other car manufacturer in the world....oh wait.
He is just being his humble self
This is way too high and divorced from reality. I am long on TSLA long term but price is gonna come crashing down before end of year.
Why do you think the price will crash before 2021?
Because no automotive manufacturer that has giant revenue and multi fold profits is even near to that market cap. Tesla is doing nothing revolutionary. Their luxury segment is dead since porshe and audi launched products. Model 3 and Y segment is currently alone in race, but not long before they will face competition.
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Just so you know so did MSFT
Nothing new about that and most people expected that. Tesla profit this quarter was the most followed thing in investment history. It has a big significance. Hence the post.
It made sense they postponed employee bonuses and salaries everything they put on hold might as well lay them off all. It was a strategy to get in S&P 500