Tesla Stock: Consider Buying The Dip

seekingalpha2023-11-14

Tesla, Inc. stock has dropped more than 22% since hitting YTD highs in July, making it an attractive buying opportunity.The recent dip in Tesla's stock is mainly due to a weakening gross margin ...

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Comments

  • shams_Trader
    2023-11-14
    shams_Trader
    Tesla is overvalued as per many analysts. This guy continue to write rubbish articles. Providing all ribbiah and useless analysis in his own world. Ban this user seekingalpha
  • sydboy007
    2023-11-14
    sydboy007
    The margins for the energy storage business are world class and will continue to grow with scale and a second factory in China. The charging network and infrastructure are slowly becoming a standard globally, and will be a small side business that helps to increase the depth of Tesla's moat. Lithium cell costs are close to our way levels and still falling. There's no really competition at the equality end of the market, and at the lower level Tesla will dominate with the 3rd gen compact vehicle.  Chinese EV companies will struggle to compete on price which is all they can currently do against Tesla. Cyber truck will be highly profitable by the end of 25, which will cut the revenue for the big 3 in the USA, which means they have less capacity to transition to EV production.
    • jeffry09

      After this dismal and pathetic Cyberrytruck launch, with only 10 units (wts?), there will be absolutely nothing to look forward to, except at least 6 qtrs of miserable earnings. Watch this rally die a painful death.

    • fishinglo

      Pumped up far enough. Next comes the short term dump to $208 followed by a medium term downward trend.

    • YaleBrewster

      Can’t help posting this out…..the discounted cash flow method of valuations says Tesla stock is already way overpriced, it should be around $200 and not where it is now, it makes sense to take profits here.

    • YorkTurner

      just keep buying and holding its tesla 😃

    • shining87

      Tesla reported third-quarter earnings down 37% to 66 cents per share, the lowest in two years. Tesla's auto gross profit margins, excluding regulatory credits, fell to 16.3%.

  • kckckckckkck
    2023-11-14
    kckckckckkck
    Oh crap time to sell
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