Tesla IPOed at $17 on June 29, 2010. Tesla is at $431.32. Taking into account the five to one split, that comes to 12,586% gain in 10.25 years.
The full self driving early release is scheduled for October 20, 2020. Full release the end of this year, best case. It will be interesting to watch cars exit the factory and test themselves on the test track. I'm hoping for that in early 2021. They will be able to deliver themselves to the new owners, once it's legal. It will be a novelty, at first, but pretty creepy to watch robots driving our cities, even if human chaperones are required. I expect the folks who think Tesla is a car company will express their surprise that fsd is such a shift in transportation, for about 4 to 6 weeks, before crafting a narrative in which they always knew fsd would be a singularity. Aside from ark, I don't know of any other analysts who realize Tesla is not a car company. They will. Revising history is effortless for them so it won't be a problem.
Tesla will become a $2 trillion company, says billionaire Tesla shareholder Ron Baron https://www.cnbc.com/2020/10/14/tes...lion-company-says-billionaire-ron-baron-.html Picked up a weekly $450C on the dip earlier today.
It looks like Elon Musk is taking Lucid seriously. They have a real car, which isn't just rolling downhill without a powertrain.
Tesla is going to be a wild ride to the end of the year. Fsd to be released in limited public beta on Tuesday, October 20. Profit is likely to be down but I speculate still positive. Giga berlin is surely behind schedule, with no chance of producing cars at the end of this year. Perhaps giga berlin will engage in spot production by next April. It's difficult to imagine a production line fully operational by then. Giga berlin is going to be a lot more difficult than giga shanghai. If Tesla is sufficiently far along with cell production in Shanghai, perhaps chinese cells can be shipped to berlin to seed production. We've seen Tesla pull rabbits from hats on a regular basis. This time, I find myself skeptical. I don't care about a 3 or 6 month schedule slip. It has no impact on my long term strategy to hold tesla. I mention this for the traders among us, which is almost everyone except me. Giga shanghai should ramp nicely this quarter for a strong 2020 finish. This is probably a traders dream. If ever there was a recipe for a volatile short term price activity, it is Tesla right now.
They cancelled the no questions asked return because people were returning cars citing exhaust noise.
Not me, a friend of mine, actually bought a Tesla and returned it. Although they said it's a "no questions asked" return policy. They still ask. They honor the return and take the car back. But they obviously still want to know what was wrong. My friend said, "the price!" $135,000 Do I buy a Tesla car? Do I buy Tesla stock? Do I buy cocaine and hookers?
Nope, not anymore. The no questions asked seven day return policy,... Is now non-existent anymore. Granted they were the only car company in the world that did that. But now also, they are a fully established car company and no longer need the loss-leader. Still gonna snag my cybertruck wence it rolls off the line.
By who's math? Crack is still about $20. You can get a crackhead for about the same. Let's say you score $100 of blow. Coke tramps usually just hang for the party. 365 days a year. You have about 1,000 days worth of coke whores sexing you up for a line. All depends on how you perceive value. 3 years worth of living a pornographic fantasy. 3 years worth of driving an expensive car. Or 3 years worth of growth potential in Tesla stock. All the more reason why I am moving to Samoa. Tropical paradise where I can live out my final weeks in a brothel of polynesian debauchery.
LOL!!! Looks like you have done your research. In that case, why chose only one? Take out a fat loan and do all three? YOLO
Yup, and just don't treat the girls badly. Don't piss off the family. They don't take that kindly. And the island isn't so big you can hide so easily. And these two are some of the smaller ones.
Tesla is now shipping mic model 3 to Europe. This is big news and a major step toward higher production capacity and higher margins until giga berlin comes online. There have been rumors of major production scaling at shanghai. These rumors seem to have substance.
I don't generally comment on rumors but the indonesian battery plant shines a light on how Teslas battery position is about to explode. Like most other areas of Bev completion, Tesla is about to significantly widen the gap. It's extremely plausible that Tesla would build a cell only plant in asia. Even if it doesn't happen, let's consider the factors contributing to plausibility. - Tesla needs vast amounts of nickel so colocating near a deposit is plausible - the new process described at battery day describes the ability to very simply process raw lithium ore, so no need for highly processed lithium that would come from far away - Tesla cannot make too many batteries. Product demand is so strong, their cell supply is overcommitted into the foreseeable future. - even in the unlikely case Tesla produces more cells than they need, the cells can be sold at a strong margin. - Teslas game is so strong, even current battery suppliers must be upset.
I wish to offer another commentary on Tesla versus the s&p. Three of the most industrially significant areas of interest are: battery electric vehicles, ai, and robotics. Most significant players: Bev: Tesla Ai: probably google with Tesla #2 Robotics: with fsd going narrow beta tomorrow, there is a strong argument for Tesla being the most significant robotics company, even beyond their rather large robotics division. Standard and poor's are either highly partisan or dumb as a box of rocks.
Yeah, that is interesting. Tesla could really become more significant. The Tesla stock price has risen very much over the years.
