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Model Y production ramp started in January, ahead of schedule. Deliveries expected to start before the end of Q1. Exciting stuff!
I was happy to see they'd increased range to 315 miles.
Model Y production ramp started in January, ahead of schedule. Deliveries expected to start before the end of Q1. Exciting stuff!
The Y will mostly cannibalize 3 sales, but will be good for a few quarters’ pop.
It sounds like they may have backed away from some of the more extreme high end projections for the Y. It looks like worldwide production may double within 1-2 years, though.
I have been a longtime bull, but their stock value is now up over 140% in the last 3 months and I can't say I fully understand why.
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It’s a deteriorating margin mix; discounts to move metal.
I guess the hard to understand part is: how does a $50B company that is growing revenue at 1% annually more than double its market cap in 3 months. It's insane (ludicrous?)!
Totally unrelated markets, it's no different than the crypto coin markets. Even the volatility is similar.
Besides that, Tesla has a rockstar CEO. He can achieve things that conventional companies can't even dream of. If he needs money he can do a publicity stunt and collect the money. It's a cult and the members believe in the cause and the members are quite affluent.
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They’re growing while the market for legacy automakers is shrinking. Everyone else is tapped out, while there’s still a whole lot of people left on Earth who’ll buy Tesla products (and you’ll notice Tesla keeps changing where the production firehose is pointed based on local incentives maximizing sales). Heck, Fiat has to hand over almost $2B to Tesla just to be permitted to sell cars in Europe because they have litt…
> They’re growing while the market for legacy automakers is shrinking. Do you have data for this? Tesla had, essentially zero growth in the US in 2019, which is where it sells half of its cars. There are many companies that had higher growth than that, including Volvo, which grew 10% in the US. LandRover sold 125k units in the US in 2019, which is far more than the Model S + X (its competitors). So, I'm not sure wher…
Congrats to the whole Tesla team + SpaceX. Crushing things. It's taken a long time, but it's all starting to pay off.
For a while there it seemed like Musk would die from stress. He just looked like he's hanging on by a thread, which he probably was. He seems far more relaxed now - if I were an investor (I'm not - the company metrics are completely detached from its valuation), I'd consider that to be a good sign.
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The Y will mostly cannibalize 3 sales, but will be good for a few quarters’ pop.
I think so too, and I think they know that. It sounds like they are "only" planning to ramp US production from the current rate of ~400k total units per year to just over 500k per year. Of course, with China coming online, that still leaves a net increase. It sounds like they may have backed away from some of the more extreme high end projections for the Y. It looks like worldwide production may double within 1-2 yea…
no joke there are several people on /r/wallstreetbets that have turned a few hundred dollars into $1M+ in 2 months.
Short dated deep out of the money TSLA calls are still gambling, but gambling you can do from home.
you can write off up to $3K in capital losses a year. people who jokingly bought $420 and $690 strike options just a few weeks ago are literally up six and seven figures each.
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The Y will mostly cannibalize 3 sales, but will be good for a few quarters’ pop.
That Model A is going to cannibalize Model T sales, but it will be good for a few quarters' pop. Ford is doomed.
no joke there are several people on /r/wallstreetbets that have turned a few hundred dollars into $1M+ in 2 months.
I guess they could also have lost an almost equally insane amount if things had gone south?