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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

#401

Earlier quoted context omitted.

Chinese Model 3 production only started in November. Check back in February, you’ll find it’s the highest selling vehicle (perhaps by model, though I am betting also by manufacturer). Europe-wide, Tesla Model 3 is top of the charts by a wide margin. The articles you linked mentioned this, France and Germany are behind because the vast demand for Tesla in Netherlands and Norway is sucking all the supply up before Fran…

It's not the best selling EV in the biggest EV market, China. Your claim was false. Cop to it instead of making excuses.

You are basing that on less than one month of sales after the factory just opened. Your claim is bogus, acknowledge that and be prepared to wait for figures for a complete month of Model 3 actually being available in that market.

By February the factory should be working close to its capacity, let’s see what sales are like once Tesla is actually participating in that market.

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

#402

Earlier quoted context omitted.

It's not the best selling EV in the biggest EV market, China. Your claim was false. Cop to it instead of making excuses.

You are basing that on less than one month of sales after the factory just opened. Your claim is bogus, acknowledge that and be prepared to wait for figures for a complete month of Model 3 actually being available in that market. By February the factory should be working close to its capacity, let’s see what sales are like once Tesla is actually participating in that market.

No, I'm basing that on the actual sales figures. The Model 3 has been on sale in China since March last year:

https://ev-sales.blogspot.com/2019/04/china-march-2019.html

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

#403

Earlier quoted context omitted.

Still not coming to the US? https://ww.electrek.co/2019/12/13/vw-not-launching-id3-elect...

The ID.3 isn't but the bigger ID.4 will be: https://www.cnet.com/roadshow/news/volkswagen-id4-electric-s... It's supposed to get its official reveal in the next month or so.

I read that VW will start EV production in Tennessee in 2022. Seems like a long way off.

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

#404

Earlier quoted context omitted.

The ID.3 isn't but the bigger ID.4 will be: https://www.cnet.com/roadshow/news/volkswagen-id4-electric-s... It's supposed to get its official reveal in the next month or so.

I read that VW will start EV production in Tennessee in 2022. Seems like a long way off.

It will be imported to start. Local production later.

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

#405

Earlier quoted context omitted.

You are basing that on less than one month of sales after the factory just opened. Your claim is bogus, acknowledge that and be prepared to wait for figures for a complete month of Model 3 actually being available in that market. By February the factory should be working close to its capacity, let’s see what sales are like once Tesla is actually participating in that market.

No, I'm basing that on the actual sales figures. The Model 3 has been on sale in China since March last year: https://ev-sales.blogspot.com/2019/04/china-march-2019.html

Well, learn a new thing every day :D

Let’s see what News February brings shall we?

5300 seems quite low given China’s size compared to, say, Australia. No doubt you will claim it is demand constrained, but that number looks like one boatload. That market is supply constrained.

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

#406

Earlier quoted context omitted.

I actually don't consider Tesla a car company. They are a software company with world-leading expertise in energy production and storage. Vehicles are currently what they're mostly focused in applying this technology to, but that will change in the future. The stock price reflects the likelihood that Elon will accomplish the goals he has set out. If they solve self-driving, that by itself will be worth over 100 billi…

> If they solve self-driving, that by itself will be worth over 100 billion dollars. Sadly, as a Tesla driver, I don't think this is coming anytime soon. There are still significant issues with Tesla's hardware, like the cameras getting blinded when the sun is at a low angle.

I agree it won't be anytime soon, but I think there's a decent chance that we see something in 5-7 years.

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

#407

Earlier quoted context omitted.

Apple is up 100% in the last year for no good reason.

Apple is up 100% because it's kind of the safe haven among tech companies. It actually has the earnings to justify its market value even when using conventional P/E ratio evaluations. This means that if the current oversupply of "fantasy" in the stock markets, especially the tech markets, should ever run out, Apple will most likely be much less affected than most other companies. Lots of tech-interested investors rea…

A luxury product company becoming a safe haven pretty much speaks for itself on how distorted things are.
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