Electric Vehicle Industry Expected to 'Ramp-up' in 2021 https://cheddar.com/media/electric-vehicles-industry-future-2021
Anticipation of deliveries beat and news of it this weekend? Is my guess? Masterlink securities initiated coverage on them today. This morning. $750 price target and buy. aside from that, i have no idea.
Perhaps someone knew the delivery number. Tesla : Masterlink Securities Starts Tesla at Buy With $750 Price Target https://www.marketscreener.com/quot...-Tesla-at-Buy-With-750-Price-Target-32106366/ Tesla Short Sellers Lost $38 Billion in 2020 as Stock Surged https://finance.yahoo.com/news/tesla-short-sellers-lost-38-120733160.html
The buzz seems to be around 500K annual deliveries. I'm probably not the best guy to speak to that, since I generally ignore it. In order to achieve that, Tesla will have to deliver 181650 vehicles in Q4. This number is doable, barely. It's doable because Giga Shanghai is now online and producing cars at a strong pace. I believe they have two Model 3 lines fully ramped. I estimate roughly 30K units per quarter, per operating general assembly line. This estimate is extremely rough, as Tesla has always been limited by supply chain, not general assembly. This guestimate puts them right around 180K deliveres. I understand Giga Shanghai is currently ramping two general assembly lines for model Y. They won't be cranking out 30K units per quarter, initially, but they should get close to that in two quarters if they can be supplied with components. 180K + 60K = 240K. This suggests Tesla should be producing cars at an annualized rate of 1M per year, sometime in the summer of 2021. I'm aware 6 months is an eternity for traders. For an investor, 6 months is the blink of an eye.
Speaking of Roadrunner, Tesla had a prototype battery production facility set up at Fremont. It soaked up quite a bit of space. It seemed ridiculous to have that equipment there, when the factory was bursting at the seams. I believe that equipment has been moved to Roadrunner and the space used to make the semi. Tesla semi production should start right about now. The semi will boost Tesla's industry posture but I don't expect the semi to be profitable until they achieve hauling as a service in the next three or four years.
Your wisdom is vast. I scour interwebz daily for the latest info. But nobody has the detailed equipment in the factory type info as you. You must have a guy. That or i just need to learn more of your research methods.
Just read another small run of semi prototypes are being built at Giga Nevada. This contradicts earlier reports of the semi and roadster both intended to come from Fremont. Tesla will have more 4680 cells than it needs for the roadster v2. I expect the surplus will feed Plaid versions of the S/X but surely there will still be a lot of surplus. Perhaps they plan performance variants of the 3Y with the new cells.
Thanks for puffing me up. My chest is swollen! I do have a couple of good sources that occasionally present information not seen elsewhere. In the past, the best way to be informed about Tesla was to ignore all information sources. When Tesla was being attacked for demand problems, I could see cars pouring out of freemont and the pier 80 was always full of Teslas heading for Asia. I knew they were producing at capacity and selling beyond capacity just by monitoring pictures in our Reddit group. There are many more examples. Some of the information I have probably comes from Tesla. It is probably deliberately leaked and not noticed by the aggregators like Teslarati. Elon occasionally Tweets at Teslarati to let them know they have something badly wrong. There is clearly an indirect connection between Tesla and the EV news aggregators. Further, I've come to realize EV news aggregators are people like you and I. They don't have any special knowledge, for the most part. They just focus on most of the same sources as we do. Not only do I think someone with some energy can do great research, we are clearly better than official channels in a couple of regards. For example, Wu Wa has been posting amazing video of Giga Shanghai since it was a watermelon field. That is not hyperbole. Fremont locals on Reddit have been posting informative drone footage and still pics for years. Other people monitor permit applications in Tesla jurisdictions for filings. We knew Tesla was going to built a sprung structure (tent) for GA5 before it hit the news channels. It just isn't that hard......
Check this out. The city of Shanghai is building a massive new primary road into Giga Shanghai, while Tesla has cut a gap in the fence, dug trenches, layed utilities, and now has some very large concrete pads in what was a watermelon patch 6 weeks ago. This pic is a week old and my Shanghai friend is on vacation so I don't know what has happened in the last few days.
Tesla built up a significant inventory of Model Y. Model Y have been pouring out of Giga Shanghai starting early this morning. Speaking of updates, we're on a vacation for a couple of months. Updates may be spotty.
Deliveries 499,550. Claiming target. Produced about 1700 over, i think. We shall see how wallstreet reacts. A beat may have been pricing in on the last week. I kinda feel that it was responsible for the surge. I know i certainly had some fomo. I was NOT going to go into the weekend without a call option haha. And so i didnt. Holding a $670 call since i guess $670. Jan strike. We shall see how the market likes the numbers on monday
Tesla tops Q4 deliveries expectations, just shy of 500K for 2020 Tesla (NASDAQ:TSLA) says it delivered 180,570 vehicles in Q4 to top consensus marks. The automaker delivered 18,920 Model S/X cars and 161,650 Model 3/Y vehicles. For the quarter, Tesla produced 179,757 vehicles. Tesla delivered 499,550 vehicles for the year and produced 509,737 vehicles. During the Fremont factory shutdown period in the spring, Tesla was given little chance of hitting the 500K deliveries guidance mark. Also of note, Tesla says Model Y production in Shanghai has begun and deliveries are expected to start shortly. $IDEX & $TSLA - Electric Vehicle Industry Expected to 'Ramp-up' in 2021 https://cheddar.com/media/electric-vehicles-industry-future-2021
EV Sector NEWS - Ideanomics (Nasdaq-IDEX) – Buys USA EV Wireless Charging Company https://investors.ideanomics.com/20...re-Utah-based-Wireless-Charging-Provider-WAVE
Morgan Stanley’s Adam Jonas raises Tesla price target to a Wall Street high of $810 https://www.cnbc.com/2021/01/05/mor...rice-target-to-a-wall-street-high-of-810.html Another ATH. So glad that I have not sold my JAN 2023 $200C.
That is just amzing. True congrats to you! I couldnt afford a jan 23 call if i wanted to try by maxing my margin! and on the other end of the spectrum, some other good company i just heard of, pandix or something like that, just dropped their target to $180 today. Hahaha
