Tesla cuts prices as Model 3 deliveries narrowly miss estimates

Post by dang » Wed, Jan 02, 2019, 7:34 PM UTC

btian wrote: post #37

qroshan wrote: post #22

Earlier quoted context omitted.

At $50B Market Cap, Tesla should be delivering at least $2B Annual profits. It's clear Tesla has run through higher margin demand. There aren't many people in the world who can afford a $50,000 car. Tesla is a niche market car, but priced as a mass market (like iPhones) product. Expect Tesla's sustainable profit to be around $500 Mil per year and it's share price must be cut in half to justify that

> At $50B Market Cap, Tesla should be delivering at least $2B Annual profits. LOL what? Show me another company with $50B market cap growing at 50% a year on the top line to deliver $2B in profits. I'll wait.

Post by _ph_ » Wed, Jan 02, 2019, 7:36 PM UTC

qroshan wrote: post #22

wnorris wrote: post #4

The production and delivery numbers they came out with were very good and higher than most had expected. These numbers will allow them another profitable Q4 likely higher than their Q3 numbers. The price cuts are likely to impact margins, but is in line with what Tesla had done with the Model S and X as production efficiencies allow them to reduce manufacturing costs. The reaction looks like a big overreaction as the…

At $50B Market Cap, Tesla should be delivering at least $2B Annual profits. It's clear Tesla has run through higher margin demand. There aren't many people in the world who can afford a $50,000 car. Tesla is a niche market car, but priced as a mass market (like iPhones) product. Expect Tesla's sustainable profit to be around $500 Mil per year and it's share price must be cut in half to justify that

Post by permatech » Wed, Jan 02, 2019, 7:37 PM UTC

ivraatiems wrote: post #98

martythemaniak wrote: post #91

Earlier quoted context omitted.

> I don't know what he's done to earn my trust, or any investor's. The ~20x ROI since IPO has made many people trust him. Tesla itself is a marvelous success, with no established car maker able to match them yet. It is far more likely that your personal dislike of him is making you see a distorted reality.

> It is far more likely that your personal dislike of him is making you see a distorted reality. Certainly possible. I personally think he's acting like a buffoon and I haven't been shy about stating it. However, as I told another commenter in this thread, I think the relatively objective argument is that while Musk was necessary initially to get Tesla into existence and functioning, he's now more of a liability than…

Post by toufiqbarhamov » Wed, Jan 02, 2019, 7:44 PM UTC

JumpCrisscross wrote: post #113

qroshan wrote: post #105

Earlier quoted context omitted.

Exactly my point. US demand growth is done. There will be International pent up demand will be done in Q1. Q2 and Q3 will show that Tesla has pretty much plateaued. Profit growth is even lower

Companies can grow in a shrinking market by stealing share. I’m no Tesla bull, but you’re casting a loose prediction with far more certainty than it merits.

Post by hopler » Wed, Jan 02, 2019, 7:47 PM UTC

mav3rick wrote: post #79

ivraatiems wrote: post #69

Earlier quoted context omitted.

Characterizing lying to the SEC and calling a Thai cave rescuer a "pedo" as such is stretching the definition of "forward-looking statement." Musk has always been largely bluster, but now the bluster is hurting people, and his companies as well. He's the biggest liability Tesla has. I don't know what he's done to earn my trust, or any investor's.

If bluster results in the first truly desirable EV cars and the first autonomous reusable rocket then more bluster please. The rage machine against Elon here is preposterous. At the end of the day , is he making the world a better place ?. No amount of contrived answers involving Twitter can change the vehement "Yes" to that question.