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Tesla Surges Above $500, Leaving Analyst Targets in the Dust

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Re: Tesla Surges Above $500, Leaving Analyst Targets in the Dust

#21

The horror stories about 3 month wait for parts and the videos of water intruding into new vehicles, are keeping me away.

Once Tesla's operations are running smoothly, most of these issues should fix themselves.

We’ve been hearing that for years. What keeps holding it back? Why aren’t things smooth yet?

Re: Tesla Surges Above $500, Leaving Analyst Targets in the Dust

#22

The horror stories about 3 month wait for parts and the videos of water intruding into new vehicles, are keeping me away.

Once Tesla's operations are running smoothly, most of these issues should fix themselves.

And parent will finally feel good to buy TSLA at $1000.

Re: Tesla Surges Above $500, Leaving Analyst Targets in the Dust

#23

According to Robinhood: “Tesla's stock has jumped 35% over the past month, becoming the most valuable American car company ever. GM and Ford produced a combined 39x as many cars as Tesla did in 2019, but the electric carmaker is now more valuable than GM and Ford combined. Oh, and Tesla lost almost a billion dollars over the past year while GM and Ford made over $10B in profit. Investors care more about future profit…

If you google "ford enterprise value" and "tesla enterprise value" you get values of 156B and 86B, respectively.

Stockholders are not the only people who have claims on the liquidation value and future profits of a company. Bondholders and pensioners do as well. Market cap != valuation.

Re: Tesla Surges Above $500, Leaving Analyst Targets in the Dust

#24

The horror stories about 3 month wait for parts and the videos of water intruding into new vehicles, are keeping me away.

Tesla has always had body alignment issues since their first attempt, the Model S. It’s honestly quite unfortunate because these models are suppose to be a shiny example of American manual labor pushing out the new luxury model that would set Tesla up to enter the mid level market with a Model 3. Sadly, technological advances, a backlog of orders, and minimal factory space, all contributed to a decline in quality. Don’t get me wrong, these are absolutely beautiful cars, but in terms of actual construction of the vehicles, GM and Ford has nailed this to perfection with their automatic + human labor assembly lines. They’re able to produce numbers right now that Tesla can only dream about with a much higher satisfaction rate, I would think.

If Musk wants to really compete with the Big 3, he has to focus on quality all the way around and not just the ability to slap bigger batteries in and more speed through firmware updates. If you want to make a car, focus on the basics of it—the actual body, making sure my door lines up with my front fenders. Such basic cosmetic issues that are overlooked constantly on the cars coming from the Tesla factory.

Re: Tesla Surges Above $500, Leaving Analyst Targets in the Dust

#25

According to Robinhood: “Tesla's stock has jumped 35% over the past month, becoming the most valuable American car company ever. GM and Ford produced a combined 39x as many cars as Tesla did in 2019, but the electric carmaker is now more valuable than GM and Ford combined. Oh, and Tesla lost almost a billion dollars over the past year while GM and Ford made over $10B in profit. Investors care more about future profit…

Would you invest in Taxi cab companies or App based car rides?

Re: Tesla Surges Above $500, Leaving Analyst Targets in the Dust

#26
post #7

How do Tesla owners feel about the quality of their cars? I'm genuinely curious. This is merely an anecdote, but in my experience it seems like the overall quality of similarly priced automobiles from more traditional luxury carmakers is much higher. The only significant advantage of the Tesla is the fact that it's 100% electric. Also, this is merely a subjective personal preference, but I just don't like the style o…

Owner of a 3 (performance, all options) built in July 2018. I was also nervous about build quality. My personal experience has been pretty great, however. Only a minor issue which the mobile repair truck came out and fixed in my company's parking lot. I didn't even have to go to a service center. Style is all subjective however there is a real minimalist chic to the 3 interior which I have come to love. In my wife's…

Mobile repair sounds pretty awesome. I don't own a car, but when I did I always felt like dealing with service was a huge waste of my time. I would avoid getting it serviced simply because I didn't care about it. To me at least, a car is just a way to go from A to B when there's no better way.

Re: Tesla Surges Above $500, Leaving Analyst Targets in the Dust

#27
post #7

How do Tesla owners feel about the quality of their cars? I'm genuinely curious. This is merely an anecdote, but in my experience it seems like the overall quality of similarly priced automobiles from more traditional luxury carmakers is much higher. The only significant advantage of the Tesla is the fact that it's 100% electric. Also, this is merely a subjective personal preference, but I just don't like the style o…

I bought a Model 3 a year ago (Dec '18). I liked it so much that, when my wife's Audi lease expired in July, she also got a Model 3 (at least they're different colors...)

The only issue either of us has had is one of the license plate screws stripped the rubber bushing and I had to get a replacement bushing.

Would definitely buy another car from them. In fact, the thing I hate most about the business travel I have to do is renting non-Tesla cars and having to drive something that feels so antiquated.

Re: Tesla Surges Above $500, Leaving Analyst Targets in the Dust

#28
post #7

How do Tesla owners feel about the quality of their cars? I'm genuinely curious. This is merely an anecdote, but in my experience it seems like the overall quality of similarly priced automobiles from more traditional luxury carmakers is much higher. The only significant advantage of the Tesla is the fact that it's 100% electric. Also, this is merely a subjective personal preference, but I just don't like the style o…

I would never consider purchasing a competing luxury car (BMW, Mercedes, Lexus, etc) but I bought a Tesla. Tesla has a far lower TCO due to the greatly reduced maintenance. Electric is way more fun to drive than ICE. I feel like the quality is great but again this is coming from someone who has never owned a luxury car, and only ever owned/driven Hondas, Toyotas, and Subarus.

Re: Tesla Surges Above $500, Leaving Analyst Targets in the Dust

#29

For a while TSLA had an absurd amount of short positions against it, IIRC something like an order of magnitude more than other companies. Perhaps we are seeing a short squeeze? I'd love to see data (and interpretation) on how this has changed.

The short interest is roughly the same it has been[0]. This has astonished many of us longs and people that specialize in short selling[1].

The fact that the price has risen substantially with little short covering means new long buyers have driven the stock price higher and shorts have held firm.

0: https://twitter.com/ihors3/status/1216756156821057538?s=20 1: https://twitter.com/ihors3/status/1215383701053476875?s=20

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