Chilli Padi
2022-08-25


Is Tesla a buy after the stock split?

Tesla’s latest move, an upcoming stock split,        should draw some new interest. As in the past 12 months Tesla shares has been on a roller coaster  from its low of $620 to a high of $1200 due to      negative investor sentiments that surround Tesla & Elon musk's embroiled in the highly                      sensationalised twitter take over.

Nevertheless there are some positivities for Tesla  now & some analysts has accorded a re rating for Tesla to outperform/bullish. The short term price.  target post split is $333-$360. Factors imputed in the price are as follows:

1)“improved production” from the company’s       China Giga factory.

“unprecedented Model Y production in China”      after a factory upgrade.

The analyst said Musk & Co are on track to          produce over 1 million vehicles annually “out of this key artery.”

“For 2023 we believe 2 million deliveries potential and massive production capacity will be a             significant advantage for Tesla in this EV arms      race with competition coming from every angle     and geography,” wrote Ive

2)a “green tidal wave” is a trend he expects to     play out across the industry over the next decade   leading to the “biggest transformation” in the auto industry since 1950s.

3)Tesla has come out with the production of its    own battery & secure its own material like nickel in Indonesia.

4)The tax credit accorded to Tesla under the         Inflation Act beyond the 200k sales will potentially     increased sales

Finally I believe in the wake of stiff competition for a slice of the crowded EV market, I still believe     Tesla will come out a winner because of its           forward looking entrepreneur Elon musk & to date Tesla is the clear leader in the EV industry.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • 財運到財源滾滾到
    2022-08-25
    財運到財源滾滾到
    Article-Tesla,Nio Suspend EV Charging Services as China Power Cuts Bite, probably hybrid vehicle better.Not a fan of Tesla as Musk everything want to do & buy, eg twitter now ManU!
  • YIPKF
    2022-08-25
    YIPKF

    Good 

  • SteveGoh
    2022-08-28
    SteveGoh

    Like please 

  • IZTan
    2022-08-28
    IZTan
    but after split,  it seems going down....
  • GerryLoh
    2022-08-25
    GerryLoh
    good sharing thanks
  • alylady
    2022-08-29
    alylady
    [Lovely]
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