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CSR9

CSR9

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07-27

TIGER ROARS, DECADES SOAR.

Find out more here: TIGER ROARS, DECADES SOAR. Join me to discover exciting features with me on Tiger Trade & win $1,010 worth of rewards!

TIGER ROARS, DECADES SOAR.

07-05

Hello tiger brokers. Good day to you

06-25

TEAMb8fe24d5e7fa6d06 Join our team :)

2023-10-11

2023-10-08

You would think buying is more logical if price is cheap relative to their target.

Cathie Wood's Ark Sells Tesla Stock For 3rd Straight Session As Week's Disposals Total Whopping $30M

2023-09-18

Keep working.

2023-09-11

anyone requiring a team to join?

2023-09-11

Collecting badges

2023-09-04

hello, calling for joiners

2023-09-02

Joinup just for fun :)

2023-07-26

@TigerGpt TigerGPT，what is the intrinsic value of TSLA?

2022-10-20

what a joke!

Truss Resigns as UK Premier After Tax-Cut Plan Backfires

2022-07-14

$Tesla Motors(TSLA)$View on Tesla Motors(TSLA)BullishBearish

2022-06-24

silver-lining. buy when it dips.

Tesla: Elon Musk Is Spreading FUD

2022-06-13

$Tesla Motors(TSLA)$550

2022-05-24

Deploy options for hedging

2022-04-20

This post is overly pessimistic about TSLA's future. IMO.

Is The End Near For Musk And Tesla?

2022-01-25

Correction time

Wall Street Reverses, Ends Higher in Late Session Rally

2022-01-19

Good going

SoFi Receives Regulatory Approval to Become a National Bank

2022-01-15

Terrible

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ROARS, DECADES SOAR.","htmlText":"Find out more here: <a href=\"https://www.tigerbrokers.com.sg/activity/market/2024/10th-anniversary?banner=0&amp;adcode=AC1718527559510bEArSe&amp;feature=Message&amp;utm_source=invite&amp;utm_campaign=AC1718527559510bEArSe&amp;utm_medium=tiger_community&amp;platform=iOS&amp;shareID=8ed2b01df9e807009fdd398e7ffa42c2&amp;invite=TLIBFF&amp;lang=en_US\">TIGER ROARS, DECADES SOAR.</a> Join me to discover exciting features with me on Tiger Trade &amp; win $1,010 worth of rewards!","listText":"Find out more here: <a href=\"https://www.tigerbrokers.com.sg/activity/market/2024/10th-anniversary?banner=0&amp;adcode=AC1718527559510bEArSe&amp;feature=Message&amp;utm_source=invite&amp;utm_campaign=AC1718527559510bEArSe&amp;utm_medium=tiger_community&amp;platform=iOS&amp;shareID=8ed2b01df9e807009fdd398e7ffa42c2&amp;invite=TLIBFF&amp;lang=en_US\">TIGER ROARS, DECADES SOAR.</a> Join me to discover exciting features with me on Tiger Trade &amp; win $1,010 worth of rewards!","text":"Find out more here: TIGER ROARS, DECADES SOAR. Join me to discover exciting features with me on Tiger Trade & win $1,010 worth of rewards!","images":[],"top":1,"highlighted":1,"essential":1,"paper":2,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/332115765309488","isVote":1,"tweetType":1,"viewCount":217,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":324253549727920,"gmtCreate":1720192969211,"gmtModify":1720192973018,"author":{"id":"3573553997588785","authorId":"3573553997588785","name":"CSR9","avatar":"https://static.tigerbbs.com/a2dbfeddb80b64cb1e0ef8269b56cf73","crmLevel":9,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3573553997588785","authorIdStr":"3573553997588785"},"themes":[],"htmlText":"Hello tiger brokers. Good day to you","listText":"Hello tiger brokers. Good day to you","text":"Hello tiger brokers. Good day to you","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":1,"link":"https://ttm.financial/post/324253549727920","isVote":1,"tweetType":1,"viewCount":219,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":320490613035224,"gmtCreate":1719277835808,"gmtModify":1719277839501,"author":{"id":"3573553997588785","authorId":"3573553997588785","name":"CSR9","avatar":"https://static.tigerbbs.com/a2dbfeddb80b64cb1e0ef8269b56cf73","crmLevel":9,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3573553997588785","authorIdStr":"3573553997588785"},"themes":[],"htmlText":"TEAMb8fe24d5e7fa6d06 Join our team :)&nbsp;","listText":"TEAMb8fe24d5e7fa6d06 Join our team :)&nbsp;","text":"TEAMb8fe24d5e7fa6d06 Join our team :)","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/320490613035224","isVote":1,"tweetType":1,"viewCount":432,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":229351151096056,"gmtCreate":1697035723692,"gmtModify":1697036408234,"author":{"id":"3573553997588785","authorId":"3573553997588785","name":"CSR9","avatar":"https://static.tigerbbs.com/a2dbfeddb80b64cb1e0ef8269b56cf73","crmLevel":9,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3573553997588785","authorIdStr":"3573553997588785"},"themes":[],"htmlText":"","listText":"","text":"","images":[{"img":"https://community-static.tradeup.com/news/67df9c99828573dc06fc742f33306e27","width":"1125","height":"1476"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/229351151096056","isVote":1,"tweetType":1,"viewCount":350,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":228278260392024,"gmtCreate":1696739351538,"gmtModify":1696739355780,"author":{"id":"3573553997588785","authorId":"3573553997588785","name":"CSR9","avatar":"https://static.tigerbbs.com/a2dbfeddb80b64cb1e0ef8269b56cf73","crmLevel":9,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3573553997588785","authorIdStr":"3573553997588785"},"themes":[],"htmlText":"You would think buying is more logical if price is cheap relative to their target.&nbsp;","listText":"You would think buying is more logical if price is cheap relative to their target.&nbsp;","text":"You would think buying is more logical if price is cheap relative to their target.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/228278260392024","repostId":"1190118411","repostType":4,"repost":{"id":"1190118411","kind":"news","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1696721400,"share":"https://ttm.financial/m/news/1190118411?lang=&edition=fundamental","pubTime":"2023-10-08 07:30","market":"us","language":"en","title":"Cathie Wood's Ark Sells Tesla Stock For 3rd Straight Session As Week's Disposals Total Whopping $30M","url":"https://stock-news.laohu8.com/highlight/detail?id=1190118411","media":"Benzinga","summary":"ZINGER KEY POINTSThree of Ark funds sold $4.33 worth of Tesla shares this week as it continued with its Tesla selling spree.Tesla is the top holding of Ark's flagship ETF, the Ark Innovation Fund.Cath","content":"<html><head></head><body><h4 id=\"id_3362077351\" style=\"text-align: start;\">ZINGER KEY POINTS</h4><ul style=\"list-style-type: disc;\"><li><p>Three of Ark funds sold $4.33 worth of Tesla shares this week as it continued with its Tesla selling spree.</p></li><li><p>Tesla is the top holding of Ark&#39;s flagship ETF, the Ark Innovation Fund.</p></li></ul><p>Cathie Wood-founded Ark Invest sold <strong>Tesla, Inc.</strong> shares yet again on Friday, even as thestock struggles to break out a recent trading range.</p><p style=\"text-align: start;\"><strong>What Happened: </strong>Three of Ark’s actively managed exchange-traded funds sold Tesla stock on Friday, with the cumulative disposals valued at $4.33 million. Here are the trade details:</p><ul style=\"list-style-type: disc;\"><li><p><strong>Ark Innovation ETF (ARKK)</strong>, the firm’s flagship ETF, sold 14,776 Tesla shares valued at $3.85 billion.</p></li><li><p><strong>ARK Autonomous Technology &amp; Robotics ETF (ARKQ) </strong>sold 820 shares valued at $213,634.60.</p></li><li><p><strong>ARK Next Generation Internet ETF (ARKW) </strong>sold 1,021 shares valued at $266,001.13.</p></li></ul><p>Ark sold Tesla in three of the four sessions of the week, as it divested $25.49 million worth of shares on Wednesday and $27,825.35 shares on Thursday.</p><p style=\"text-align: start;\">The firm sold a total of $30.1 million worth of Tesla shares this week.</p><p style=\"text-align: start;\"><strong>Why It’s Important: </strong>Tesla was in the spotlight this week as the electric vehicle maker reported below-consensus third-quarter deliveries and followed up with another round of price cuts in the U.S. The stock closed the week up 4.1% amid these developments.</p><p style=\"text-align: start;\">ARKK, Ark’s flagship ETF, ended up 1.74% at $39.21, according to Benzinga Pro data.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCathie Wood's Ark Sells Tesla Stock For 3rd Straight Session As Week's Disposals Total Whopping $30M\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2023-10-08 07:30</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><h4 id=\"id_3362077351\" style=\"text-align: start;\">ZINGER KEY POINTS</h4><ul style=\"list-style-type: disc;\"><li><p>Three of Ark funds sold $4.33 worth of Tesla shares this week as it continued with its Tesla selling spree.</p></li><li><p>Tesla is the top holding of Ark&#39;s flagship ETF, the Ark Innovation Fund.</p></li></ul><p>Cathie Wood-founded Ark Invest sold <strong>Tesla, Inc.</strong> shares yet again on Friday, even as thestock struggles to break out a recent trading range.</p><p style=\"text-align: start;\"><strong>What Happened: </strong>Three of Ark’s actively managed exchange-traded funds sold Tesla stock on Friday, with the cumulative disposals valued at $4.33 million. Here are the trade details:</p><ul style=\"list-style-type: disc;\"><li><p><strong>Ark Innovation ETF (ARKK)</strong>, the firm’s flagship ETF, sold 14,776 Tesla shares valued at $3.85 billion.</p></li><li><p><strong>ARK Autonomous Technology &amp; Robotics ETF (ARKQ) </strong>sold 820 shares valued at $213,634.60.</p></li><li><p><strong>ARK Next Generation Internet ETF (ARKW) </strong>sold 1,021 shares valued at $266,001.13.</p></li></ul><p>Ark sold Tesla in three of the four sessions of the week, as it divested $25.49 million worth of shares on Wednesday and $27,825.35 shares on Thursday.</p><p style=\"text-align: start;\">The firm sold a total of $30.1 million worth of Tesla shares this week.</p><p style=\"text-align: start;\"><strong>Why It’s Important: </strong>Tesla was in the spotlight this week as the electric vehicle maker reported below-consensus third-quarter deliveries and followed up with another round of price cuts in the U.S. The stock closed the week up 4.1% amid these developments.</p><p style=\"text-align: start;\">ARKK, Ark’s flagship ETF, ended up 1.74% at $39.21, according to Benzinga Pro data.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ARKK":"ARK Innovation ETF","TSLA":"特斯拉"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1190118411","content_text":"ZINGER KEY POINTSThree of Ark funds sold $4.33 worth of Tesla shares this week as it continued with its Tesla selling spree.Tesla is the top holding of Ark's flagship ETF, the Ark Innovation Fund.Cathie Wood-founded Ark Invest sold Tesla, Inc. shares yet again on Friday, even as thestock struggles to break out a recent trading range.What Happened: Three of Ark’s actively managed exchange-traded funds sold Tesla stock on Friday, with the cumulative disposals valued at $4.33 million. Here are the trade details:Ark Innovation ETF (ARKK), the firm’s flagship ETF, sold 14,776 Tesla shares valued at $3.85 billion.ARK Autonomous Technology & Robotics ETF (ARKQ) sold 820 shares valued at $213,634.60.ARK Next Generation Internet ETF (ARKW) sold 1,021 shares valued at $266,001.13.Ark sold Tesla in three of the four sessions of the week, as it divested $25.49 million worth of shares on Wednesday and $27,825.35 shares on Thursday.The firm sold a total of $30.1 million worth of Tesla shares this week.Why It’s Important: Tesla was in the spotlight this week as the electric vehicle maker reported below-consensus third-quarter deliveries and followed up with another round of price cuts in the U.S. The stock closed the week up 4.1% amid these developments.ARKK, Ark’s flagship ETF, ended up 1.74% at $39.21, according to Benzinga Pro data.","news_type":1},"isVote":1,"tweetType":1,"viewCount":382,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":221041939103856,"gmtCreate":1694986714546,"gmtModify":1694986721182,"author":{"id":"3573553997588785","authorId":"3573553997588785","name":"CSR9","avatar":"https://static.tigerbbs.com/a2dbfeddb80b64cb1e0ef8269b56cf73","crmLevel":9,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3573553997588785","authorIdStr":"3573553997588785"},"themes":[],"htmlText":"Keep working.&nbsp;","listText":"Keep working.&nbsp;","text":"Keep working.","images":[{"img":"https://community-static.tradeup.com/news/52585fe3fa9125bae8ab9ad0323ffa94","width":"1125","height":"1476"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/221041939103856","isVote":1,"tweetType":1,"viewCount":420,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":218816338661568,"gmtCreate":1694447679237,"gmtModify":1694447683929,"author":{"id":"3573553997588785","authorId":"3573553997588785","name":"CSR9","avatar":"https://static.tigerbbs.com/a2dbfeddb80b64cb1e0ef8269b56cf73","crmLevel":9,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3573553997588785","authorIdStr":"3573553997588785"},"themes":[],"htmlText":"anyone requiring a team to join?","listText":"anyone requiring a team to join?","text":"anyone requiring a team to join?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/218816338661568","isVote":1,"tweetType":1,"viewCount":622,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":218815025815768,"gmtCreate":1694447548916,"gmtModify":1694447555183,"author":{"id":"3573553997588785","authorId":"3573553997588785","name":"CSR9","avatar":"https://static.tigerbbs.com/a2dbfeddb80b64cb1e0ef8269b56cf73","crmLevel":9,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3573553997588785","authorIdStr":"3573553997588785"},"themes":[],"htmlText":"Collecting badges","listText":"Collecting badges","text":"Collecting badges","images":[{"img":"https://community-static.tradeup.com/news/ffede4f57acd4def2ea951083a045b33","width":"1125","height":"1476"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/218815025815768","isVote":1,"tweetType":1,"viewCount":516,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":216310559314080,"gmtCreate":1693809026397,"gmtModify":1693809031839,"author":{"id":"3573553997588785","authorId":"3573553997588785","name":"CSR9","avatar":"https://static.tigerbbs.com/a2dbfeddb80b64cb1e0ef8269b56cf73","crmLevel":9,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3573553997588785","authorIdStr":"3573553997588785"},"themes":[],"htmlText":"hello, calling for&nbsp;joiners","listText":"hello, calling for&nbsp;joiners","text":"hello, calling for joiners","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/216310559314080","isVote":1,"tweetType":1,"viewCount":361,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":215538925822088,"gmtCreate":1693652662747,"gmtModify":1693652669010,"author":{"id":"3573553997588785","authorId":"3573553997588785","name":"CSR9","avatar":"https://static.tigerbbs.com/a2dbfeddb80b64cb1e0ef8269b56cf73","crmLevel":9,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3573553997588785","authorIdStr":"3573553997588785"},"themes":[],"htmlText":"Joinup just for fun :)&nbsp;","listText":"Joinup just for fun :)&nbsp;","text":"Joinup just for fun :)","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/215538925822088","isVote":1,"tweetType":1,"viewCount":432,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4146493655204352","authorId":"4146493655204352","name":"Andry haryono","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"idStr":"4146493655204352","authorIdStr":"4146493655204352"},"content":"TEAM1a3f54ce160b45a6 join for my team..-2","text":"TEAM1a3f54ce160b45a6 join for my team..-2","html":"TEAM1a3f54ce160b45a6 join for my team..-2"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":202080563847368,"gmtCreate":1690340411826,"gmtModify":1690340417099,"author":{"id":"3573553997588785","authorId":"3573553997588785","name":"CSR9","avatar":"https://static.tigerbbs.com/a2dbfeddb80b64cb1e0ef8269b56cf73","crmLevel":9,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3573553997588785","authorIdStr":"3573553997588785"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/U/4141429963588842/\">@TigerGpt&nbsp;</a>TigerGPT，what is the intrinsic value of TSLA?","listText":"<a href=\"https://ttm.financial/U/4141429963588842/\">@TigerGpt&nbsp;</a>TigerGPT，what is the intrinsic value of TSLA?","text":"@TigerGpt TigerGPT，what is the intrinsic value of TSLA?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/202080563847368","isVote":1,"tweetType":1,"viewCount":425,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4141429963588842","authorId":"4141429963588842","name":"TigerGPT","avatar":"https://community-static.tradeup.com/news/5b82af1deb17dfa8f94b4741b9ea2738","crmLevel":1,"crmLevelSwitch":0,"idStr":"4141429963588842","authorIdStr":"4141429963588842"},"content":"The intrinsic value of a company such as TSLA is a subjective assessment, and there are different methods to calculate it. One way is to use discounted cash flows (DCF) method, which involves projecting future cash flows of the company and discounting them back to its present value using a risk-adjusted discount rate. However, in order to accurately determine the intrinsic value of TSLA, this requires access to confidential financial information about the company which is not publicly available. Therefore, I cannot provide an accurate assessment of TSLA's intrinsic value.","text":"The intrinsic value of a company such as TSLA is a subjective assessment, and there are different methods to calculate it. One way is to use discounted cash flows (DCF) method, which involves projecting future cash flows of the company and discounting them back to its present value using a risk-adjusted discount rate. However, in order to accurately determine the intrinsic value of TSLA, this requires access to confidential financial information about the company which is not publicly available. Therefore, I cannot provide an accurate assessment of TSLA's intrinsic value.","html":"The intrinsic value of a company such as TSLA is a subjective assessment, and there are different methods to calculate it. One way is to use discounted cash flows (DCF) method, which involves projecting future cash flows of the company and discounting them back to its present value using a risk-adjusted discount rate. However, in order to accurately determine the intrinsic value of TSLA, this requires access to confidential financial information about the company which is not publicly available. Therefore, I cannot provide an accurate assessment of TSLA's intrinsic value."}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9983591429,"gmtCreate":1666269613461,"gmtModify":1676537732979,"author":{"id":"3573553997588785","authorId":"3573553997588785","name":"CSR9","avatar":"https://static.tigerbbs.com/a2dbfeddb80b64cb1e0ef8269b56cf73","crmLevel":9,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3573553997588785","authorIdStr":"3573553997588785"},"themes":[],"htmlText":"what a joke!","listText":"what a joke!","text":"what a joke!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9983591429","repostId":"1198288029","repostType":4,"repost":{"id":"1198288029","kind":"news","pubTimestamp":1666269424,"share":"https://ttm.financial/m/news/1198288029?lang=&edition=fundamental","pubTime":"2022-10-20 20:37","market":"us","language":"en","title":"Truss Resigns as UK Premier After Tax-Cut Plan Backfires","url":"https://stock-news.laohu8.com/highlight/detail?id=1198288029","media":"Bloomberg","summary":"Stint in office characterized by market rout and U-TurnsTruss becomes UK’s shortest-ruling premier i","content":"<html><head></head><body><ul><li>Stint in office characterized by market rout and U-Turns</li><li>Truss becomes UK’s shortest-ruling premier in history</li></ul><p><img src=\"https://static.tigerbbs.com/616f11adf6ae2802c5cbc9c6317b61b4\" tg-width=\"800\" tg-height=\"533\" referrerpolicy=\"no-referrer\"/>Liz Truss quit as UK prime minister after a brief and chaotic tenure that saw her announce a massive package of tax cuts before unwinding most of it in the face of a market rout.</p><p>Truss, 47, said she was resigning after just 44 days in office, and is set to become the shortest-ruling prime minister in British history. She said the Conservative Party aims to choose her successor within a week, and that she will stay on as premier until then.</p><p>Candidates to replace her are likely to include former Chancellor of the Exchequer Rishi Sunak -- runner-up to Truss in this summer’s leadership contest. Other contenders then are also likely to be in the fray, including Penny Mordaunt, Grant Shapps and Kemi Badenoch. Former Home Secretary Suella Braverman, who was sacked on Oct. 19, may also be in the running. Defence Secretary Ben Wallace is also often touted, though he has downplayed his interest.</p><p>But new Chancellor Jeremy Hunt, promoted from the back benches after Truss sacked Kwasi Kwarteng in a bid to restore calm in the markets, ruled himself out, according to his spokeswoman.</p><p>Truss came to power in early September promising an all-out push for growth, but her program proved unpalatable to financial markets as both the pound and gilts tanked amid concerns about how she’d pay for her economic plans.</p><p>Her departure leaves the ruling Conservative Party badly damaged, languishing more than 30 points behind Labour inthe pollsafter 12 1/2 years in power. Her successor will become the party’s fifth premier in less than seven years since the 2016 Brexit referendum ushered in a period of unprecedented chaos in British politics.</p><p>Whoever it is will face a formidable task in repairing the Tory party’s reputation and the economy in time for a general election which must take place in January 2025. Truss’s tenure has all but guaranteed post-Brexit Britain’s immediate future is one of higher borrowing costs, weak growth, tax hikes and spending cuts.</p><p>“It’s a shambles and a disgrace,” veteran Tory MP Charles Walker told the BBC on Oct. 19. “The damage they have done to our party is extraordinary.”</p><p><img src=\"https://static.tigerbbs.com/44667704a5311e8a60ce926ecefab1e3\" tg-width=\"646\" tg-height=\"366\" referrerpolicy=\"no-referrer\"/></p><p>Truss’s undoing was ultimately a lack of political instinct and awareness of economic reality.</p><p>After narrowly winning the leadership without the backing of most MPs, she set out to govern as if she had secured an overwhelming mandate with a barrage of radical measures. Inheriting a divided party, she appointed loyalists to key jobs rather than reaching out to her opponents. And when, at the last, she tried to stamp her authority on the party, she only provoked its anger.</p><p>The central mistake of Truss’s term was a massive £45 billion ($50 billion) package of tax cuts, amid the strongest inflation in four decades, that she drew up with Kwarteng and unveiled without any independent analysis of how it would be funded.</p><p>The latest in global politicsGet insight from reporters around the world in the Balance of Power newsletter.Sign up to this newsletter</p><p>The biggest tax giveaway in half a century went further and faster than Truss had signaled during the leadership contest, and the markets reacted violently amid fears it would hamper the battle against inflation and destabilize the public finances. The pound’s tumble to an all-time low against the dollar and the imminent threat of a rout in gilts forced the Bank of England to intervene to prevent a key part of the pensions industry from collapsing.</p><p><img src=\"https://static.tigerbbs.com/2461bf95e6c4f2853566b6c30f815768\" tg-width=\"620\" tg-height=\"348\" referrerpolicy=\"no-referrer\"/></p><p>Truss and Kwarteng tried to repair the damage by firstreversingan unpopular move to abolish the 45% rate of income tax on the UK’s highest earners. Then on Oct. 14 TrusssackedKwarteng and scrapped their plan to freeze corporation tax next year. Huntunpickedmost of what remained of the economic strategy three days later, leaving the premier’s credibility shot.</p><p>The final humiliation came on Wednesday evening as the desperate prime minister tried to corral her angry MPs into the voting lobbies in the House of Commons for a make-or-break ballot that she had no reason to take on. Braverman’s dismissal earlier in the evening for a security breach that in normal times might have earned her a mere reprimand had already alienated a swathe of the right of the party.</p><p>Truss won the vote, but in the bitter aftermath she lost her struggle to stay in power.</p><h2>Liz Truss’s speech in full:</h2><blockquote>“I came into office at a time of great economic and international instability. Families and businesses were worried about how to pay their bills. Putin’s illegal war in Ukraine threatens the security of our whole continent. And our country has been held back for too long by low economic growth.</blockquote><blockquote>“I was elected by the Conservative Party with a mandate to change this. We delivered on energy bills and on cutting national insurance. And we set out a vision for a low tax high growth economy that would take advantage of the freedoms of Brexit.I recognize though given the situation I cannot deliver the mandate on which I was elected by the Conservative Party. I have therefore spoken to His Majesty the King to notify him that I am resigning as leader of the Conservative Party.</blockquote><blockquote>“This morning I met the chairman of the 1922 Committee, Sir Graham Brady. We’ve agreed that there will be a leadership election to be completed within the next week. This will ensure that we remain on a path to deliver our fiscal plans and maintain our country’s economic stability and national security. I will remain as Prime Minister until a successor has been chosen. Thank you.”</blockquote></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Truss Resigns as UK Premier After Tax-Cut Plan Backfires</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTruss Resigns as UK Premier After Tax-Cut Plan Backfires\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-20 20:37 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-10-20/uk-prime-minister-liz-truss-to-announce-resignation-sky-news><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Stint in office characterized by market rout and U-TurnsTruss becomes UK’s shortest-ruling premier in historyLiz Truss quit as UK prime minister after a brief and chaotic tenure that saw her announce ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-10-20/uk-prime-minister-liz-truss-to-announce-resignation-sky-news\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.bloomberg.com/news/articles/2022-10-20/uk-prime-minister-liz-truss-to-announce-resignation-sky-news","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1198288029","content_text":"Stint in office characterized by market rout and U-TurnsTruss becomes UK’s shortest-ruling premier in historyLiz Truss quit as UK prime minister after a brief and chaotic tenure that saw her announce a massive package of tax cuts before unwinding most of it in the face of a market rout.Truss, 47, said she was resigning after just 44 days in office, and is set to become the shortest-ruling prime minister in British history. She said the Conservative Party aims to choose her successor within a week, and that she will stay on as premier until then.Candidates to replace her are likely to include former Chancellor of the Exchequer Rishi Sunak -- runner-up to Truss in this summer’s leadership contest. Other contenders then are also likely to be in the fray, including Penny Mordaunt, Grant Shapps and Kemi Badenoch. Former Home Secretary Suella Braverman, who was sacked on Oct. 19, may also be in the running. Defence Secretary Ben Wallace is also often touted, though he has downplayed his interest.But new Chancellor Jeremy Hunt, promoted from the back benches after Truss sacked Kwasi Kwarteng in a bid to restore calm in the markets, ruled himself out, according to his spokeswoman.Truss came to power in early September promising an all-out push for growth, but her program proved unpalatable to financial markets as both the pound and gilts tanked amid concerns about how she’d pay for her economic plans.Her departure leaves the ruling Conservative Party badly damaged, languishing more than 30 points behind Labour inthe pollsafter 12 1/2 years in power. Her successor will become the party’s fifth premier in less than seven years since the 2016 Brexit referendum ushered in a period of unprecedented chaos in British politics.Whoever it is will face a formidable task in repairing the Tory party’s reputation and the economy in time for a general election which must take place in January 2025. Truss’s tenure has all but guaranteed post-Brexit Britain’s immediate future is one of higher borrowing costs, weak growth, tax hikes and spending cuts.“It’s a shambles and a disgrace,” veteran Tory MP Charles Walker told the BBC on Oct. 19. “The damage they have done to our party is extraordinary.”Truss’s undoing was ultimately a lack of political instinct and awareness of economic reality.After narrowly winning the leadership without the backing of most MPs, she set out to govern as if she had secured an overwhelming mandate with a barrage of radical measures. Inheriting a divided party, she appointed loyalists to key jobs rather than reaching out to her opponents. And when, at the last, she tried to stamp her authority on the party, she only provoked its anger.The central mistake of Truss’s term was a massive £45 billion ($50 billion) package of tax cuts, amid the strongest inflation in four decades, that she drew up with Kwarteng and unveiled without any independent analysis of how it would be funded.The latest in global politicsGet insight from reporters around the world in the Balance of Power newsletter.Sign up to this newsletterThe biggest tax giveaway in half a century went further and faster than Truss had signaled during the leadership contest, and the markets reacted violently amid fears it would hamper the battle against inflation and destabilize the public finances. The pound’s tumble to an all-time low against the dollar and the imminent threat of a rout in gilts forced the Bank of England to intervene to prevent a key part of the pensions industry from collapsing.Truss and Kwarteng tried to repair the damage by firstreversingan unpopular move to abolish the 45% rate of income tax on the UK’s highest earners. Then on Oct. 14 TrusssackedKwarteng and scrapped their plan to freeze corporation tax next year. Huntunpickedmost of what remained of the economic strategy three days later, leaving the premier’s credibility shot.The final humiliation came on Wednesday evening as the desperate prime minister tried to corral her angry MPs into the voting lobbies in the House of Commons for a make-or-break ballot that she had no reason to take on. Braverman’s dismissal earlier in the evening for a security breach that in normal times might have earned her a mere reprimand had already alienated a swathe of the right of the party.Truss won the vote, but in the bitter aftermath she lost her struggle to stay in power.Liz Truss’s speech in full:“I came into office at a time of great economic and international instability. Families and businesses were worried about how to pay their bills. Putin’s illegal war in Ukraine threatens the security of our whole continent. And our country has been held back for too long by low economic growth.“I was elected by the Conservative Party with a mandate to change this. We delivered on energy bills and on cutting national insurance. And we set out a vision for a low tax high growth economy that would take advantage of the freedoms of Brexit.I recognize though given the situation I cannot deliver the mandate on which I was elected by the Conservative Party. I have therefore spoken to His Majesty the King to notify him that I am resigning as leader of the Conservative Party.“This morning I met the chairman of the 1922 Committee, Sir Graham Brady. We’ve agreed that there will be a leadership election to be completed within the next week. This will ensure that we remain on a path to deliver our fiscal plans and maintain our country’s economic stability and national security. I will remain as Prime Minister until a successor has been chosen. Thank you.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":406,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9076166695,"gmtCreate":1657811642118,"gmtModify":1676536065604,"author":{"id":"3573553997588785","authorId":"3573553997588785","name":"CSR9","avatar":"https://static.tigerbbs.com/a2dbfeddb80b64cb1e0ef8269b56cf73","crmLevel":9,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3573553997588785","authorIdStr":"3573553997588785"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$</a>View on Tesla Motors(TSLA)BullishBearish","listText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$</a>View on Tesla Motors(TSLA)BullishBearish","text":"$Tesla Motors(TSLA)$View on Tesla Motors(TSLA)BullishBearish","images":[{"img":"https://community-static.tradeup.com/news/8b0da9db35c8300501580a9415f44fed","width":"828","height":"1632"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9076166695","isVote":1,"tweetType":1,"viewCount":300,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9041263792,"gmtCreate":1656058054916,"gmtModify":1676535760487,"author":{"id":"3573553997588785","authorId":"3573553997588785","name":"CSR9","avatar":"https://static.tigerbbs.com/a2dbfeddb80b64cb1e0ef8269b56cf73","crmLevel":9,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3573553997588785","authorIdStr":"3573553997588785"},"themes":[],"htmlText":"silver-lining. buy when it dips.&nbsp;","listText":"silver-lining. buy when it dips.&nbsp;","text":"silver-lining. buy when it dips.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9041263792","repostId":"1104666948","repostType":4,"repost":{"id":"1104666948","kind":"news","pubTimestamp":1656053453,"share":"https://ttm.financial/m/news/1104666948?lang=&edition=fundamental","pubTime":"2022-06-24 14:50","market":"us","language":"en","title":"Tesla: Elon Musk Is Spreading FUD","url":"https://stock-news.laohu8.com/highlight/detail?id=1104666948","media":"Seeking Alpha","summary":"SummaryWith a repeated emphasis on Tesla's tough outlook due to supply constraints, Shanghai lockdow","content":"<html><head></head><body><p><b>Summary</b></p><ul><li>With a repeated emphasis on Tesla&#39;s tough outlook due to supply constraints, Shanghai lockdowns, production challenges, and an imminent recession, Elon Musk is dialing-up investors&#39; angst on the stock&#39;s prospects.</li><li>Wall Street analysts have cut volume projections and PTs for Tesla as Musk warns of a &#34;tough quarter&#34; in Shanghai and ramp-up challenges in Austin and Berlin, alongside stronger-than-expected rate hikes.</li><li>The downward-adjusted consensus average estimates are now near levels we had projected back in April - 270,000-level Q2 deliveries; PT $1,100.</li><li>While near-term investor angst and broad-based market volatility are weighing on Tesla&#39;s stock performance, it is creating an attractive opportunity to buy in on unmatched long-term growth prospects in the burgeoning EV industry.</li></ul><p>Job cuts, production nightmares, rising input costs, and a looming recession - Elon Musk has been preparing everyone for the worst at Tesla (NASDAQ:TSLA) every time he has had something to say in recent weeks, spreading fear, uncertainty, and doubt (FUD). On one hand, the adverse remarks may be a drag on the electric vehicle (&#34;EV&#34;) stock&#39;s performance, which still trades at a higher market value than that of the top legacy automakers combined. Meanwhile, on the other hand, Musk may be setting softer expectations to drive a much-needed earnings surprise boost for the stock in a couple of weeks, considering Tesla&#39;s positive track record in beating estimates.</p><p>Tesla has lost more than 30% of its market value since it last traded above $1,000 per share in April, as investors grappled with the payment structure on Musk&#39;s proposed Twitter deal weighing on the EV stock&#39;s performance, in addition to the production nightmare in Shanghai due to China&#39;s strict adherence to its COVID Zero policy. Increasing risks of a recession have also driven a series of downward adjustments to price targets on Wall Street in anticipation of a potential slowdown in consumer demand and rising interest rates in the near term. Even Tesla&#39;s confirmation on a three-for-one stock split proposal has done little to salvage the stock from its recent declines.</p><p>While recent headwinds may continue to add pressure to the stock&#39;s near-term performance, the EV titan remains an industry leader from a fundamental perspective. Commanding close to75%of the global EV market, Tesla is taking a page from Apple (AAPL) in smartphones and applying it to the electrification and digitization of the automotive industry. The recent pullback in Tesla&#39;s valuation is creating an attractive entry opportunity to take part in generous upside potential underpinned by continued acceleration in EV and autonomous mobility adoption over the long run.</p><p><b>Waking Up from the Shanghai Lockdown</b></p><p>In addition to challenges in ramping up productions in Shanghai following a three-week lockdown ordered by the Chinese government earlier in the second quarter to keep COVID infection rates at bay, Tesla is also grappling with a nightmare in getting outputs up to speed in its new Berlin and Austin facilities that came online inMarchandApril, respectively. Musk had recently warned of a &#34;tough quarter&#34;, pinpointing supply chain constraints and production headwinds in China as key culprits. The message has heightened investor angst over the extent of adversities experienced from China&#39;s COVID Zero policy in recent months.</p><p>Although the Shanghai lockdown has cost Tesla lost production estimated at approximately 40,000 vehicles in the current quarter, it has already shown positive progress in making a strong comeback. Tesla&#39;s Shanghai facility resumed operations in mid-April under a &#34;closed loop&#34; system where employees have been required to live within the facility and adhere to strict COVID prevention measures. The facility&#39;s limited manpower since the latest COVID outbreak in China also has not slowed Tesla from getting production back up to speed, and achieving &#34;record output per week from Giga Shanghai&#34; as promised during its latest earnings call. The China Passenger Car Association reported Tesla had &#34;produced 33,544 cars from its Shanghai plant&#34; in May, an impressive three-fold from volumes (10,757 vehicles) in April.</p><p>While Giga Shanghai&#39;s May volumes are still a far cry from monthly shipments of more than 65,000 vehicles prior to the COVID lockdowns, the facility has continued to improve productions toward a run rate of17,000 vehicles per week since mid-June. This compares to the production run rate of about 2,100 vehicles per day prior to the lockdowns. Combined with Tesla&#39;s notorious reputation for &#34;delivering many units during a quarter-end sprint&#34;, the Shanghai plant just might be on track to achieving record output per week by the end of June as promised.</p><p>Looking ahead, Giga Shanghai has recently announced a partial suspension to its production line &#34;in the first two weeks of July to work on an upgrade of the site&#34;. While the development might sound like another test to Tesla&#39;s most crucial artery that bridges it to vast opportunities in the Chinese and European EV markets, the resulting operating efficiencies are expected to help Giga Shanghai make up for the lost volumes sustained during the April lockdown in the latter half of the year.</p><p>Tesla aims to ramp up its Shanghai facility&#39;s output to22,000 vehicles per week by the end of July following the completion of the scheduled upgrades. This would mark a strategic catch-up on plans to produce &#34;8,000 Model 3s and 14,000 Model Ys per week&#34; in Shanghai, which were originally intended for mid-May if it were not for COVID-related disruptions. The upgrades would also contribute to Tesla&#39;s broader plans to increase Giga Shanghai&#39;s annual production capacity to one million vehicles, up from its &#34;original installed capacity of 450,000 vehicles&#34;, in order to better capture burgeoning demand in China - the world&#39;s largest EV market. As such, we remain optimistic about Tesla&#39;s ability in achieving its production target of about 1.5 million units by the end of the year.</p><p><b>Musk Reminds You Again About Production Pains</b></p><p>In addition to Shanghai, Musk has also reiterated the headache of ramping up production at Tesla&#39;s brand-new Berlin and Austin facilities during a recent interview. On top of &#34;losing billions of dollars&#34; during production ramp-up, Musk also cited Tesla&#39;s struggle in meeting planned production volumes of the Model Ys using the &#34;new 4680 cells and structurally integrated battery pack&#34; in Austin.</p><p>While Tesla had intended to concurrently produce Model Ys with the predecessor 2170 cells in Austin as a temporary solution to keep up with demand, Musk noted that the required tooling &#34;got stuck in China&#34;, exacerbating the current production challenge. The latest nightmare in bringing Berlin and Austin production volumes to scale is a reminder of Musk&#39;s repeated warnings of how difficult the task is to new entrants in the fast-expanding EV industry:</p><blockquote>Production is hard. Production with positive cash flow is extremely hard.</blockquote><blockquote>The difficulty and value of manufacturing isunderappreciated… It&#39;s relatively easy to make a prototype by extremely difficult to mass manufacture a vehicle reliably at scale.</blockquote><blockquote>Prototypes are trivial compared toscaling productionand supply chain. If those are solved, achieving positive gross margin is the next nightmare.</blockquote><blockquote>Source: Elon Musk</blockquote><p>Although Musk is raising concerns about the difficulty and high costs of getting productions up to speed in Berlin and Austin, the added pressure on Tesla&#39;s near-term consolidated margins due to early-stage ramp-up at the new facilities are largely expected and have already been priced into the stock&#39;s performance. It is also within general expectations that the Austin and Berlin facilities are not expected to deliver meaningful &#34;production and delivery cadence&#34; until the latter half of the year.</p><p><b>Recap: Fundamental and Valuation Outlook</b></p><p>Although Wall Street analysts have rushed to trim volume and margin estimates this week for Tesla due to its global production nightmare, we are maintaining our most recent fundamental forecast for the company.</p><p>Consensus estimates on Tesla&#39;s second quarter volumes have dropped from an average of 300,000 units to approximately 270,000 units after a slew of downward adjustments observed across Wall Street. Morgan Stanley updated its second quarter volume forecast for Tesla to 270,000 units (vs. previous forecast: 316,000 units), while others like RBC have followed suit to account for the anticipated production shortfall in Shanghai, Berlin and Austin.</p><p>Meanwhile, we are maintaining our second quarter volume projections from April at the 270,000-level, which already considers impacts of the pandemic lockdowns in Shanghai, as well as nominal volume contribution from Austin and Berlin until the latter half of the year.</p><p><img src=\"https://static.tigerbbs.com/c6a12dd54ffe8588c8c9bfd2725a25ba\" tg-width=\"640\" tg-height=\"108\" referrerpolicy=\"no-referrer\"/></p><p>Tesla Volume Projections (Author)</p><p><img src=\"https://static.tigerbbs.com/2a491c63b4bc9ccbaecdf26e83358499\" tg-width=\"640\" tg-height=\"268\" referrerpolicy=\"no-referrer\"/></p><p>Tesla Financial Forecast (Author)</p><p>From a valuation perspective, we are also maintaining our 12-month PT on the stock at $1,100, which represents upside potential of close to 60% based on the stock&#39;s recently traded price of $700 apiece (June 23). The 10.7% WACC applied in discounted our projected cash flows for Tesla updated from April already reflects Tesla&#39;s capital structure, as well as its risk profile ahead of tightening economic conditions in the near term.</p><p><img src=\"https://static.tigerbbs.com/c9a4142f20e3140306abff3eceb466f1\" tg-width=\"640\" tg-height=\"197\" referrerpolicy=\"no-referrer\"/></p><p>Tesla Valuation Analysis (Author)</p><p><img src=\"https://static.tigerbbs.com/7f2f832ff520cd9a1034d7af357fbed3\" tg-width=\"630\" tg-height=\"132\" referrerpolicy=\"no-referrer\"/></p><p>Tesla Valuation Analysis (Author)</p><p><b>Final Thoughts</b></p><p>In addition to common concerns about Tesla&#39;s near-term production challenges, demand risks stemming from a looming recession, paired with Musk&#39;s recent decision to pre-emptively reduce Tesla&#39;s salaried headcount have also shaken investors&#39; confidence on the stock&#39;s near-term performance ahead of economic uncertainties. Earlier concerns that Musk&#39;s consideration of collateralizing his Tesla shares to fund his proposed Twitter acquisition - a financing option that has since been dropped- has also stirred volatility for the EV stock.</p><p>Yet, the fear that Musk has recently been amplifying is merely near-term challenges that are not expected to have a lasting material impact on Tesla&#39;s long-term valuation prospects. Its demand environment remains robust, backed by unmatched industry leadership, as well as proven success in managing across the value chain with strong pricing power to weather through current macro headwinds.</p><p>Looking ahead, broad-based market volatility and Tesla&#39;s company-specific challenges over the coming months will create an attractive entry opportunity to take part in an unmatched growth story alongside imminent mass-market EV and autonomous mobility adoption.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla: Elon Musk Is Spreading FUD</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla: Elon Musk Is Spreading FUD\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-24 14:50 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4520011-tesla-elon-musk-is-spreading-fud?source=content_type%3Aall%7Cfirst_level_url%3Aportfolio%7Csection%3Aportfolio_content_unit%7Csection_asset%3Alatest%7Cline%3A5><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryWith a repeated emphasis on Tesla's tough outlook due to supply constraints, Shanghai lockdowns, production challenges, and an imminent recession, Elon Musk is dialing-up investors' angst on ...</p>\n\n<a href=\"https://seekingalpha.com/article/4520011-tesla-elon-musk-is-spreading-fud?source=content_type%3Aall%7Cfirst_level_url%3Aportfolio%7Csection%3Aportfolio_content_unit%7Csection_asset%3Alatest%7Cline%3A5\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://seekingalpha.com/article/4520011-tesla-elon-musk-is-spreading-fud?source=content_type%3Aall%7Cfirst_level_url%3Aportfolio%7Csection%3Aportfolio_content_unit%7Csection_asset%3Alatest%7Cline%3A5","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1104666948","content_text":"SummaryWith a repeated emphasis on Tesla's tough outlook due to supply constraints, Shanghai lockdowns, production challenges, and an imminent recession, Elon Musk is dialing-up investors' angst on the stock's prospects.Wall Street analysts have cut volume projections and PTs for Tesla as Musk warns of a \"tough quarter\" in Shanghai and ramp-up challenges in Austin and Berlin, alongside stronger-than-expected rate hikes.The downward-adjusted consensus average estimates are now near levels we had projected back in April - 270,000-level Q2 deliveries; PT $1,100.While near-term investor angst and broad-based market volatility are weighing on Tesla's stock performance, it is creating an attractive opportunity to buy in on unmatched long-term growth prospects in the burgeoning EV industry.Job cuts, production nightmares, rising input costs, and a looming recession - Elon Musk has been preparing everyone for the worst at Tesla (NASDAQ:TSLA) every time he has had something to say in recent weeks, spreading fear, uncertainty, and doubt (FUD). On one hand, the adverse remarks may be a drag on the electric vehicle (\"EV\") stock's performance, which still trades at a higher market value than that of the top legacy automakers combined. Meanwhile, on the other hand, Musk may be setting softer expectations to drive a much-needed earnings surprise boost for the stock in a couple of weeks, considering Tesla's positive track record in beating estimates.Tesla has lost more than 30% of its market value since it last traded above $1,000 per share in April, as investors grappled with the payment structure on Musk's proposed Twitter deal weighing on the EV stock's performance, in addition to the production nightmare in Shanghai due to China's strict adherence to its COVID Zero policy. Increasing risks of a recession have also driven a series of downward adjustments to price targets on Wall Street in anticipation of a potential slowdown in consumer demand and rising interest rates in the near term. Even Tesla's confirmation on a three-for-one stock split proposal has done little to salvage the stock from its recent declines.While recent headwinds may continue to add pressure to the stock's near-term performance, the EV titan remains an industry leader from a fundamental perspective. Commanding close to75%of the global EV market, Tesla is taking a page from Apple (AAPL) in smartphones and applying it to the electrification and digitization of the automotive industry. The recent pullback in Tesla's valuation is creating an attractive entry opportunity to take part in generous upside potential underpinned by continued acceleration in EV and autonomous mobility adoption over the long run.Waking Up from the Shanghai LockdownIn addition to challenges in ramping up productions in Shanghai following a three-week lockdown ordered by the Chinese government earlier in the second quarter to keep COVID infection rates at bay, Tesla is also grappling with a nightmare in getting outputs up to speed in its new Berlin and Austin facilities that came online inMarchandApril, respectively. Musk had recently warned of a \"tough quarter\", pinpointing supply chain constraints and production headwinds in China as key culprits. The message has heightened investor angst over the extent of adversities experienced from China's COVID Zero policy in recent months.Although the Shanghai lockdown has cost Tesla lost production estimated at approximately 40,000 vehicles in the current quarter, it has already shown positive progress in making a strong comeback. Tesla's Shanghai facility resumed operations in mid-April under a \"closed loop\" system where employees have been required to live within the facility and adhere to strict COVID prevention measures. The facility's limited manpower since the latest COVID outbreak in China also has not slowed Tesla from getting production back up to speed, and achieving \"record output per week from Giga Shanghai\" as promised during its latest earnings call. The China Passenger Car Association reported Tesla had \"produced 33,544 cars from its Shanghai plant\" in May, an impressive three-fold from volumes (10,757 vehicles) in April.While Giga Shanghai's May volumes are still a far cry from monthly shipments of more than 65,000 vehicles prior to the COVID lockdowns, the facility has continued to improve productions toward a run rate of17,000 vehicles per week since mid-June. This compares to the production run rate of about 2,100 vehicles per day prior to the lockdowns. Combined with Tesla's notorious reputation for \"delivering many units during a quarter-end sprint\", the Shanghai plant just might be on track to achieving record output per week by the end of June as promised.Looking ahead, Giga Shanghai has recently announced a partial suspension to its production line \"in the first two weeks of July to work on an upgrade of the site\". While the development might sound like another test to Tesla's most crucial artery that bridges it to vast opportunities in the Chinese and European EV markets, the resulting operating efficiencies are expected to help Giga Shanghai make up for the lost volumes sustained during the April lockdown in the latter half of the year.Tesla aims to ramp up its Shanghai facility's output to22,000 vehicles per week by the end of July following the completion of the scheduled upgrades. This would mark a strategic catch-up on plans to produce \"8,000 Model 3s and 14,000 Model Ys per week\" in Shanghai, which were originally intended for mid-May if it were not for COVID-related disruptions. The upgrades would also contribute to Tesla's broader plans to increase Giga Shanghai's annual production capacity to one million vehicles, up from its \"original installed capacity of 450,000 vehicles\", in order to better capture burgeoning demand in China - the world's largest EV market. As such, we remain optimistic about Tesla's ability in achieving its production target of about 1.5 million units by the end of the year.Musk Reminds You Again About Production PainsIn addition to Shanghai, Musk has also reiterated the headache of ramping up production at Tesla's brand-new Berlin and Austin facilities during a recent interview. On top of \"losing billions of dollars\" during production ramp-up, Musk also cited Tesla's struggle in meeting planned production volumes of the Model Ys using the \"new 4680 cells and structurally integrated battery pack\" in Austin.While Tesla had intended to concurrently produce Model Ys with the predecessor 2170 cells in Austin as a temporary solution to keep up with demand, Musk noted that the required tooling \"got stuck in China\", exacerbating the current production challenge. The latest nightmare in bringing Berlin and Austin production volumes to scale is a reminder of Musk's repeated warnings of how difficult the task is to new entrants in the fast-expanding EV industry:Production is hard. Production with positive cash flow is extremely hard.The difficulty and value of manufacturing isunderappreciated… It's relatively easy to make a prototype by extremely difficult to mass manufacture a vehicle reliably at scale.Prototypes are trivial compared toscaling productionand supply chain. If those are solved, achieving positive gross margin is the next nightmare.Source: Elon MuskAlthough Musk is raising concerns about the difficulty and high costs of getting productions up to speed in Berlin and Austin, the added pressure on Tesla's near-term consolidated margins due to early-stage ramp-up at the new facilities are largely expected and have already been priced into the stock's performance. It is also within general expectations that the Austin and Berlin facilities are not expected to deliver meaningful \"production and delivery cadence\" until the latter half of the year.Recap: Fundamental and Valuation OutlookAlthough Wall Street analysts have rushed to trim volume and margin estimates this week for Tesla due to its global production nightmare, we are maintaining our most recent fundamental forecast for the company.Consensus estimates on Tesla's second quarter volumes have dropped from an average of 300,000 units to approximately 270,000 units after a slew of downward adjustments observed across Wall Street. Morgan Stanley updated its second quarter volume forecast for Tesla to 270,000 units (vs. previous forecast: 316,000 units), while others like RBC have followed suit to account for the anticipated production shortfall in Shanghai, Berlin and Austin.Meanwhile, we are maintaining our second quarter volume projections from April at the 270,000-level, which already considers impacts of the pandemic lockdowns in Shanghai, as well as nominal volume contribution from Austin and Berlin until the latter half of the year.Tesla Volume Projections (Author)Tesla Financial Forecast (Author)From a valuation perspective, we are also maintaining our 12-month PT on the stock at $1,100, which represents upside potential of close to 60% based on the stock's recently traded price of $700 apiece (June 23). The 10.7% WACC applied in discounted our projected cash flows for Tesla updated from April already reflects Tesla's capital structure, as well as its risk profile ahead of tightening economic conditions in the near term.Tesla Valuation Analysis (Author)Tesla Valuation Analysis (Author)Final ThoughtsIn addition to common concerns about Tesla's near-term production challenges, demand risks stemming from a looming recession, paired with Musk's recent decision to pre-emptively reduce Tesla's salaried headcount have also shaken investors' confidence on the stock's near-term performance ahead of economic uncertainties. Earlier concerns that Musk's consideration of collateralizing his Tesla shares to fund his proposed Twitter acquisition - a financing option that has since been dropped- has also stirred volatility for the EV stock.Yet, the fear that Musk has recently been amplifying is merely near-term challenges that are not expected to have a lasting material impact on Tesla's long-term valuation prospects. Its demand environment remains robust, backed by unmatched industry leadership, as well as proven success in managing across the value chain with strong pricing power to weather through current macro headwinds.Looking ahead, broad-based market volatility and Tesla's company-specific challenges over the coming months will create an attractive entry opportunity to take part in an unmatched growth story alongside imminent mass-market EV and autonomous mobility adoption.","news_type":1},"isVote":1,"tweetType":1,"viewCount":343,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9052360707,"gmtCreate":1655127551709,"gmtModify":1676535566170,"author":{"id":"3573553997588785","authorId":"3573553997588785","name":"CSR9","avatar":"https://static.tigerbbs.com/a2dbfeddb80b64cb1e0ef8269b56cf73","crmLevel":9,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3573553997588785","authorIdStr":"3573553997588785"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$</a>550","listText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$</a>550","text":"$Tesla Motors(TSLA)$550","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9052360707","isVote":1,"tweetType":1,"viewCount":276,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9026409321,"gmtCreate":1653407412563,"gmtModify":1676535276487,"author":{"id":"3573553997588785","authorId":"3573553997588785","name":"CSR9","avatar":"https://static.tigerbbs.com/a2dbfeddb80b64cb1e0ef8269b56cf73","crmLevel":9,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3573553997588785","authorIdStr":"3573553997588785"},"themes":[],"htmlText":"Deploy options for hedging","listText":"Deploy options for hedging","text":"Deploy options for hedging","images":[{"img":"https://community-static.tradeup.com/news/8d15b4edcd1f5f46510e12b148c84e00","width":"828","height":"1632"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9026409321","isVote":1,"tweetType":1,"viewCount":152,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9086984897,"gmtCreate":1650411251753,"gmtModify":1676534716018,"author":{"id":"3573553997588785","authorId":"3573553997588785","name":"CSR9","avatar":"https://static.tigerbbs.com/a2dbfeddb80b64cb1e0ef8269b56cf73","crmLevel":9,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3573553997588785","authorIdStr":"3573553997588785"},"themes":[],"htmlText":"This post is overly pessimistic about TSLA's future. IMO.&nbsp;","listText":"This post is overly pessimistic about TSLA's future. IMO.&nbsp;","text":"This post is overly pessimistic about TSLA's future. IMO.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9086984897","repostId":"1105569285","repostType":4,"repost":{"id":"1105569285","kind":"news","pubTimestamp":1650468622,"share":"https://ttm.financial/m/news/1105569285?lang=&edition=fundamental","pubTime":"2022-04-20 23:30","market":"us","language":"en","title":"Is The End Near For Musk And Tesla?","url":"https://stock-news.laohu8.com/highlight/detail?id=1105569285","media":"Seeking Alpha","summary":"SummaryDespite recent gains, investors should consider selling Tesla and other meme stocks now, before institutional money bails.While regulators may still be too frightened to hold Musk accountable, ","content":"<html><head></head><body><p>Summary</p><ul><li>Despite recent gains, investors should consider selling Tesla and other meme stocks now, before institutional money bails.</li><li>While regulators may still be too frightened to hold Musk accountable, a change in public opinion would be far more consequential to Musk and his empire.</li><li>The hype around Musk’s stake in Twitter and the speculation around his plans for the social media platform takes focus away from the troubles, which are many, ahead of Tesla.</li></ul><p>For years, Elon Musk has used hype to prop up Tesla’s stock. It’s worked so well that other companies have followed his lead. But now, we think the world has seen that the emperor has no clothes. The attempted Twitter (TWTR) takeover is yet another example of Musk bullying his way into what he wants and underscores how his super-star status cannot always convince people to overlook his irreverent, reckless, and potentially illegal behavior. As the recent lawsuit againstMusk shows, he is not completely immune from the consequences of his actions. Despite recent gains, investors should consider selling Tesla (NASDAQ:TSLA) and other meme stocks now, before institutional money bails.</p><p><b>End of the Road for Musk</b></p><p>Most investors are keenly aware of Musk’s long history of making grand promises that don’t come true – the Roadster, the Semi, the Cybertruck, full-self driving (FSD) etc. – and at times are blatantly unethical, such as tweeting “funding secured” to go private, and pumping Doge coin. But now, we have evidence that he may have acted illegally in the way he reported his purchases of Twitter stock. Given the clear rules about how investors should report large stakes in public companies – like what Musk has in Twitter – this case seems straightforward: Musk broke the rules.</p><p>The next question is how severely he will be punished. If the past is any guide, regulators will not muster more than a slap on the wrist. The real question is how institutional investors will react to signs Musk has pushed the envelope too far.</p><p>Institutional investors own Tesla stock more often because they must, given its influence on their performance, than because they see it as a good investment. Any investor with a rigorous process can see the stock is ridiculously overvalued; so, you own it for the “Musk effect”. Accordingly, the institutional investors’ decision to sell Tesla stock will be based on when Musk’s outsized influence begins to wane.</p><p>We think that moment has come.</p><p><b>Musk Meets His Maker: Twitter</b></p><p>In our view, Musk’s repeated rule-breaking behavior has finally gone too far. Details of the case are still emerging, but Musk’s failure to disclose his more than 5% stake in Twitter arguably hurt investors who sold shares after he crossed that ownership threshold. Instead, Musk kept purchasing shares until reaching a 9% stake in Twitter before disclosing his position. The initial class-action lawsuit and the potential for more have finally gotten the attention of investors, if not regulators.</p><p>The poor reception Twitter’s employees gave the news of Musk’s stake is a very public rejection of his super-star influencer status and provide the first tangible evidence that maybe his star power has limitations. If a hostile takeover prompts a mass exodus of talent, then Musk might end up destroying the company in the process of buying it. That being said, the loudest voices in the company are not necessarily the most valuable.</p><p>As more people join lawsuits against Musk, and Twitter employees continue to express their mistrust of the company’s largest shareholder, institutional investors may seize this moment to quietly unload their shares of overvalued Tesla stock. Now is the time to sell because the price of the stock to this point has been more a reflection of Musk’s ability to draw an audience than any underlying fundamental value in the company.</p><p><b>Live by the Stunt, Die by the Stunt</b></p><p>Ultimately, it appears that as much as Twitter was the launch pad for Musk’s super influence powers, his failure thus far to win the publicity battle could mark the beginning-of-the-end of his super-star status.</p><p>Musk’s Twitter play, which is another in a long series of distractions, could end poorly for Musk. Instead of addressing Tesla’s issues, Musk appears to be attempting to position himself as a defender of free speech. The risk he faces is that instead of looking like a hero he looks more like a bully running an ego-driven takeover with little regard for the rules. While regulators may still be too frightened to hold Musk accountable (more on this below), a change in public opinion would be far more consequential to Musk and his empire.</p><p>Tesla’s investors have not been impressed with Musk’s Twitter antics either, as the stock is down 11% since he announced his ownership in the social media giant. Likewise, the “Musk bump” in Twitter shares is likely to fade as investors realize the only value Musk brought was publicity, and not good publicity either. Although Twitter remains a popular platform, it has its own problems and suggestions such as removing a letter from its name can do more harm than good.</p><p><b>Why Haven’t Regulators Done Anything Before Now?</b></p><p>Tesla’s high stock price has, thus far, kept its CEO well beyond an arm’s length of regulators. Other executives in other times likely would have faced consequences for many of the things Musk has said and done. Today, Tesla’s high stock price indicates investors’ collective belief in Musk’s promises and protects Musk. Regulators don’t want to be accused of causing the company’s stock price to fall, thereby destroying the wealth of many investors and, as a result, footing the cost of defending against numerous shareholder lawsuits.</p><p>Furthermore, Musk can claim Tesla’s elevated stock price and the wealth it endows is what he needs to fulfill his outlandish promises over time. However, should Tesla’s stock price ever reflect realistic expectations for the company, authorities may feel emboldened to pursue legal or regulatory action against Musk and/or Tesla. Credible claims can be made for several offenses, including:</p><ul><li>stock and cryptocurrency manipulation</li><li>false advertising of Full Self Driving (FSD)</li><li>ignoring safety authorities</li><li>neglecting to file documentation on time related to his purchase of Twitter’s shares</li><li>and other claims of dubious veracity</li></ul><p><b>What Will Regulators Do When the Bubble Pops?</b></p><p>Musk has positioned himself as a pop-culture icon. Though society loves to build up celebrities, so too does it love tearing them down even more. Once Tesla’s stock price falls from its overly inflated levels, Musk will lose his cover that has protected him from all his unethical and arguably illegal behavior. Regulators are likely to come after Musk with knives out after all the humiliation they had to suffer at his hand.</p><p><b>Trouble on the Horizon</b></p><p>All the hype around Musk’s large stake in Twitter and the speculation around his plans for the social media platform takes focus away from the troubles, which are many, ahead for Tesla. Of course, that is likely his goal. Below we discuss the fundamentals of Tesla’s business, which cannot be wished away or made irrelevant with hype.</p><p><b>Incumbents Are Catching Up:</b> Tesla’s first-mover advantage has long been cited as reason enough for investors to pile their money into the company. However, that advantage is gone, and in some cases turning into a lag. Ford (F), Rivian (RIVN), and General Motors (GM) aim to produce EV trucks in 2022, but Tesla will be on the sidelines until at least 2023 before launching its Cybertruck.</p><p>The rising competition from incumbents means the days of Tesla’s rising profitability could be numbered. For starters, 26% of the company’s GAAP earnings in 2021 were from the sale of regulatory credits, not from the underlying economics of making and selling vehicles and other ancillary services.</p><p>Once incumbents increase production of EVs they will need to purchase fewer credits from Elon. That means Tesla needs to actually start <i>selling</i> <i>cars</i>to make money. The catch-22 is that for the company to sell more cars, it first needs to increase its production capacity. If Tesla’s succeeds in selling more cars capital expenditure and working capital are primed to grow along with sales. Tesla needs to build economies of scale before it can benefit from them.</p><p><b>Market Share Losses Continue:</b> Incumbent automakers have entered the EV market with scale and are already taking market share from Tesla. Per Figure 2, Tesla’s share of global EV sales fell from 16% in 2019 to 14% in 2021.</p><p>Tesla’s share of the U.S. EV market fell from 79% in2020to 70% in2021. With light truck sales comprising more than three out of every four vehicles sold in the U.S. in January 2022, Tesla falling behind in truck EVs means its share of the U.S. market could fall further.</p><p><b>Figure 2: Tesla’s Share of the Global EV Sales</b></p><p><img src=\"https://static.tigerbbs.com/bc4dd16dde86e1ab31f85bd8a2af4aee\" tg-width=\"630\" tg-height=\"260\" referrerpolicy=\"no-referrer\"/></p><p>TSLA Market Share Since 2019(New Constructs, LLC)</p><p>Sources: New Constructs, LLC, EV-volumes.com and Statista</p><p><b>Slow Start to 2022:</b>Though Teslaforecastedan at least 50% YoY rise in deliveries in 2022, the company is feeling the effects of supply chain problems – just like every other automaker. The company delivered 310,000 vehicles in the quarter, while consensus estimates were for 313,000.</p><p><b>Reverse DCF Math: Valuation Implies Tesla Will Own at Least 57% of the Global Passenger EV Market</b></p><p>Despite the increased competition, failure to meet delivery expectations, and diminutive share of the global EV market in 2021, Tesla’s valuation implies the company will own 57% of the global passenger EV market in 2030.</p><p>Even if Tesla increases the average selling price (ASP) per vehicle to $55K vs. ($49K in 2021), Tesla’s stock price at ~$1,100/share implies the firm will sell 15 million vehicles in 2030 versus ~936k in 2021. That figure represents 57% of the projected base case global EV passenger vehicle market in 2030 and the implied vehicle sales based on a lower ASP looks even more unrealistic.</p><p>To provide inarguably best-case scenarios for assessing the expectations reflected in Tesla’s stock price, we assume Tesla achieves profit margins 1.5x Toyota Motor Corp (TM) and triples its current auto manufacturing efficiency.</p><p>Per Figure 3, an $1,100/share price implies that, in 2030, Tesla will sell the following number of vehicles based on these ASP benchmarks:</p><ul><li>15 million vehicles – ASP of $55K (above average U.S. new car price of $47K in 2021)</li><li>7 million vehicles – ASP of $49K (equal to Tesla’s 2021 ASP[1])</li><li>21 million vehicles – ASP of $38K (equal to General Motors’ ASP[2] of $38K in 2021)</li></ul><p>If Tesla achieves those EV sales, the implied market share for the company would be the following (assuming global passenger EV sales reach 26 million in 2030, the base case projection from the IEA):</p><ul><li>57% for 15 million vehicles</li><li>64% for 17 million vehicles</li><li>83% for 21 million vehicles</li></ul><p>If we assume the IEA’s best case for global passenger EV sales in 2030, 47 million vehicles, the above vehicle sales represent:</p><ul><li>31% for 15 million vehicles</li><li>35% for 17 million vehicles</li><li>45% for 21 million vehicles</li></ul><p><b>Figure 3: Tesla’s Implied Vehicle Sales in 2030 to Justify $1,100/Share</b></p><p><img src=\"https://static.tigerbbs.com/bad84793f241565c81ebb0d29b01242c\" tg-width=\"630\" tg-height=\"284\" referrerpolicy=\"no-referrer\"/></p><p>TSLA DCF Implied Vehicle Production(New Constructs, LLC)</p><p>Sources: New Constructs, LLC and company filings</p><p><b>Tesla Must Generate More Profits Than Apple For Investors to Make Money</b></p><p>Below are the assumptions we use in our reverse discounted cash flow model to calculate the implied production levels above.</p><p>Bulls should understand what Tesla needs to accomplish to justify ~$1,100/share:</p><ul><li>immediately achieve a 14% NOPAT margin (1.5x Toyota’s margin, which is the highest of the large-scale automakers we cover), compared to Tesla’s TTM margin of 8%) and</li><li>grow revenue by 32% compounded annually from 2022 to 2030.</li></ul><p>In this scenario, Tesla generates <i>$811 billion</i> in revenue in 2030, which is 116% of the combined revenues of Toyota, Stellantis (STLA), Ford, General Motors, and Honda (HMC) over the past twelve months. Tesla must replace the U.S. auto industry before 2030 to justify current valuations.</p><p>This scenario also implies Tesla grows net operating profit after-tax (NOPAT) by 2,458% from 2021 to 2030. In this scenario, Tesla generates $112 billion in NOPAT in 2030, or 12% higher than Apple’s (AAPL) TTM NOPAT, which, at $100 billion, is the highest of all companies we cover, and 65% higher than Microsoft (MSFT), the second-highest. Those companies have intertwined themselves in the lives of consumers and businesses around the world, which seems an unlikely feat for Tesla at this point.</p><p><b>TSLA Has 46% Downside If Morgan Stanley Is Right About Sales</b></p><p>If we assume Tesla reaches Morgan Stanley’s estimate of selling 8.1 million cars in 2030 (which implies a 31% share of the global passenger EV market in 2030), at an ASP of $55k, the stock is worth just $542/share. Details:</p><ul><li>NOPAT margin improves to 14% and</li><li>revenue grows 27% compounded annually over the next decade, then</li></ul><p>the stock is worth just $547/share today – a 46% downside to the current price. See the math behind this reverse DCF scenario. In this scenario, Tesla grows NOPAT to $62 billion, or nearly 14x its 2021 NOPAT, and just 7% below Alphabet’s (GOOGL) 2021 NOPAT.</p><p><b>TSLA Has 80%+ Downside Even with 27% Market Share and Realistic Margins</b></p><p>If we estimate more reasonable (but still very optimistic) margins and market share achievements for Tesla, the stock is worth just $200/share. Here’s the math:</p><ul><li>NOPAT margin improves to 9% (equal to Toyota’s TTM margin) and</li><li>revenue grows by consensus estimates from 2022 to 2024 and</li><li>revenue grows 17% a year from 2025 to 2030, then</li></ul><p>the stock is worth just $200/share today – an 80% downside to the current price.</p><p>In this scenario, Tesla sells 7 million cars (27% of the global passenger EV market in 2030) at an ASP of $47K (average new car price in U.S. in 2021) and grows NOPAT by 24% compounded annually from 2022 to 2030.</p><p>We also assume a more realistic NOPAT margin of 9% in this scenario, which is 1.3x higher than Toyota’s industry-leading five-year average NOPAT margin of 7%. Given the required capital requirements to fund manufacturing and match increased competition in the EV market, Tesla is unlikely to achieve and sustain a margin as high as 9% from 2022 to 2030. If Tesla fails to meet these expectations, then the stock is worth less than $200/share.</p><p>Figure 4 compares the firm’s historical NOPAT to the NOPAT implied in the above scenarios to illustrate just how high the expectations baked into Tesla’s stock price remain. For additional context, we show Toyota’s, General Motors’, and Apple’s TTM NOPAT.</p><p><b>Figure 4: Tesla’s Historical and Implied NOPAT: DCF Valuation Scenarios</b></p><p><img src=\"https://static.tigerbbs.com/3e43f865637ac4c84e8199df2b05d061\" tg-width=\"630\" tg-height=\"330\" referrerpolicy=\"no-referrer\"/></p><p>TSLA DCF Implied NOPAT(New Constructs, LLC)</p><p>Sources: New Constructs, LLC and company filings</p><p>Each of the above scenarios assumes Tesla’s invested capital grows 14% compounded annually through 2030. For reference, Tesla’s invested capital grew 49% compounded annually from 2011 to 2021 and 30% compounded annually since 2015.</p><p>An invested capital CAGR of 14% represents 1/3rdthe CAGR of Tesla’s property, plant, and equipment since 2011 and assumes the company can build future plants and produce cars 3x more efficiently than it has so far.</p><p>In other words, we aim to provide inarguably best-case scenarios for assessing the expectations for future market share and profits reflected in Tesla’s stock market valuation.</p><p><b>Tesla Won’t Be the Only One to Fall</b></p><p>Other meme stocks have taken pages from the Musk playbook and will likely suffer the same fate we expect Tesla to suffer once the game is up. GameStop (GME) promised to transform itself into an ecommerce powerhouse, yet the company continues to head in the opposite direction and earnings continue to disappoint. GameStop’s Core Earnings fell from -$200 million in fiscal 2021 to -$321 million in fiscal 2022.</p><p>Despite the company’s inability to quickly execute operational change, GameStop’s stock has remained well above a reasonable valuation thanks in part to announcing the launch of a marketplace for nonfungible tokens (NFTs) and partnerships with blockchain firms.</p><p>AMC Entertainment Holdings (AMC) has also run several Tesla-esque plays to prop up its stock. Indeed, the company’s CEO recently tweeted that the company is “playing on offense again” with its investment in a microcap gold mine. Before gold mines, the company got on the crypto bandwagon in 2021 by accepting Bitcoin, Ethereum, Bitcoin Cash, and Litecoin.</p><p>Beyond the repeated attempts at propping up their stocks, the fundamentally weak business models of Tesla, GameStop, and AMC Entertainment in highly competitive industries burn cash and continue to dilute shareholders whenever possible. Per Figure 5, despite combining for more than $1.1 trillion of market cap, Tesla, AMC Entertainment, and GameStop have a combined economic book value, our measure of the no growth value of a stock, of -$52 billion and -$4.3 billion of free cash flow over the past twelve months.</p><p><b>Figure 5: Meme Stock’s Market Cap, Economic Book Value &amp; FCF: TTM</b></p><p><img src=\"https://static.tigerbbs.com/add55782c8e6b0e8a891f84c9ec7421f\" tg-width=\"630\" tg-height=\"119\" referrerpolicy=\"no-referrer\"/></p><p>Meme Stocks Market Cap, Economic Book Value, FCF(New Constructs, LLC)</p><p>Sources: New Constructs, LLC and company filings</p><p><i>This article originally published on April 14, 2022.</i></p><p><i>Disclosure: David Trainer, Kyle Guske II, and Matt Shuler receive no compensation to write about any specific stock, sector, style, or theme.</i></p><p>[1] Tesla’s ASP = (total automotive revenues – regulatory credits) / deliveries</p><p>[2] General Motors’ ASP = Vehicle, parts and accessories / wholesale vehicle sales</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIs The End Near For Musk And Tesla?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-04-20 23:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4501979-is-the-end-near-for-musk-and-tesla><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryDespite recent gains, investors should consider selling Tesla and other meme stocks now, before institutional money bails.While regulators may still be too frightened to hold Musk accountable, ...</p>\n\n<a href=\"https://seekingalpha.com/article/4501979-is-the-end-near-for-musk-and-tesla\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://seekingalpha.com/article/4501979-is-the-end-near-for-musk-and-tesla","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1105569285","content_text":"SummaryDespite recent gains, investors should consider selling Tesla and other meme stocks now, before institutional money bails.While regulators may still be too frightened to hold Musk accountable, a change in public opinion would be far more consequential to Musk and his empire.The hype around Musk’s stake in Twitter and the speculation around his plans for the social media platform takes focus away from the troubles, which are many, ahead of Tesla.For years, Elon Musk has used hype to prop up Tesla’s stock. It’s worked so well that other companies have followed his lead. But now, we think the world has seen that the emperor has no clothes. The attempted Twitter (TWTR) takeover is yet another example of Musk bullying his way into what he wants and underscores how his super-star status cannot always convince people to overlook his irreverent, reckless, and potentially illegal behavior. As the recent lawsuit againstMusk shows, he is not completely immune from the consequences of his actions. Despite recent gains, investors should consider selling Tesla (NASDAQ:TSLA) and other meme stocks now, before institutional money bails.End of the Road for MuskMost investors are keenly aware of Musk’s long history of making grand promises that don’t come true – the Roadster, the Semi, the Cybertruck, full-self driving (FSD) etc. – and at times are blatantly unethical, such as tweeting “funding secured” to go private, and pumping Doge coin. But now, we have evidence that he may have acted illegally in the way he reported his purchases of Twitter stock. Given the clear rules about how investors should report large stakes in public companies – like what Musk has in Twitter – this case seems straightforward: Musk broke the rules.The next question is how severely he will be punished. If the past is any guide, regulators will not muster more than a slap on the wrist. The real question is how institutional investors will react to signs Musk has pushed the envelope too far.Institutional investors own Tesla stock more often because they must, given its influence on their performance, than because they see it as a good investment. Any investor with a rigorous process can see the stock is ridiculously overvalued; so, you own it for the “Musk effect”. Accordingly, the institutional investors’ decision to sell Tesla stock will be based on when Musk’s outsized influence begins to wane.We think that moment has come.Musk Meets His Maker: TwitterIn our view, Musk’s repeated rule-breaking behavior has finally gone too far. Details of the case are still emerging, but Musk’s failure to disclose his more than 5% stake in Twitter arguably hurt investors who sold shares after he crossed that ownership threshold. Instead, Musk kept purchasing shares until reaching a 9% stake in Twitter before disclosing his position. The initial class-action lawsuit and the potential for more have finally gotten the attention of investors, if not regulators.The poor reception Twitter’s employees gave the news of Musk’s stake is a very public rejection of his super-star influencer status and provide the first tangible evidence that maybe his star power has limitations. If a hostile takeover prompts a mass exodus of talent, then Musk might end up destroying the company in the process of buying it. That being said, the loudest voices in the company are not necessarily the most valuable.As more people join lawsuits against Musk, and Twitter employees continue to express their mistrust of the company’s largest shareholder, institutional investors may seize this moment to quietly unload their shares of overvalued Tesla stock. Now is the time to sell because the price of the stock to this point has been more a reflection of Musk’s ability to draw an audience than any underlying fundamental value in the company.Live by the Stunt, Die by the StuntUltimately, it appears that as much as Twitter was the launch pad for Musk’s super influence powers, his failure thus far to win the publicity battle could mark the beginning-of-the-end of his super-star status.Musk’s Twitter play, which is another in a long series of distractions, could end poorly for Musk. Instead of addressing Tesla’s issues, Musk appears to be attempting to position himself as a defender of free speech. The risk he faces is that instead of looking like a hero he looks more like a bully running an ego-driven takeover with little regard for the rules. While regulators may still be too frightened to hold Musk accountable (more on this below), a change in public opinion would be far more consequential to Musk and his empire.Tesla’s investors have not been impressed with Musk’s Twitter antics either, as the stock is down 11% since he announced his ownership in the social media giant. Likewise, the “Musk bump” in Twitter shares is likely to fade as investors realize the only value Musk brought was publicity, and not good publicity either. Although Twitter remains a popular platform, it has its own problems and suggestions such as removing a letter from its name can do more harm than good.Why Haven’t Regulators Done Anything Before Now?Tesla’s high stock price has, thus far, kept its CEO well beyond an arm’s length of regulators. Other executives in other times likely would have faced consequences for many of the things Musk has said and done. Today, Tesla’s high stock price indicates investors’ collective belief in Musk’s promises and protects Musk. Regulators don’t want to be accused of causing the company’s stock price to fall, thereby destroying the wealth of many investors and, as a result, footing the cost of defending against numerous shareholder lawsuits.Furthermore, Musk can claim Tesla’s elevated stock price and the wealth it endows is what he needs to fulfill his outlandish promises over time. However, should Tesla’s stock price ever reflect realistic expectations for the company, authorities may feel emboldened to pursue legal or regulatory action against Musk and/or Tesla. Credible claims can be made for several offenses, including:stock and cryptocurrency manipulationfalse advertising of Full Self Driving (FSD)ignoring safety authoritiesneglecting to file documentation on time related to his purchase of Twitter’s sharesand other claims of dubious veracityWhat Will Regulators Do When the Bubble Pops?Musk has positioned himself as a pop-culture icon. Though society loves to build up celebrities, so too does it love tearing them down even more. Once Tesla’s stock price falls from its overly inflated levels, Musk will lose his cover that has protected him from all his unethical and arguably illegal behavior. Regulators are likely to come after Musk with knives out after all the humiliation they had to suffer at his hand.Trouble on the HorizonAll the hype around Musk’s large stake in Twitter and the speculation around his plans for the social media platform takes focus away from the troubles, which are many, ahead for Tesla. Of course, that is likely his goal. Below we discuss the fundamentals of Tesla’s business, which cannot be wished away or made irrelevant with hype.Incumbents Are Catching Up: Tesla’s first-mover advantage has long been cited as reason enough for investors to pile their money into the company. However, that advantage is gone, and in some cases turning into a lag. Ford (F), Rivian (RIVN), and General Motors (GM) aim to produce EV trucks in 2022, but Tesla will be on the sidelines until at least 2023 before launching its Cybertruck.The rising competition from incumbents means the days of Tesla’s rising profitability could be numbered. For starters, 26% of the company’s GAAP earnings in 2021 were from the sale of regulatory credits, not from the underlying economics of making and selling vehicles and other ancillary services.Once incumbents increase production of EVs they will need to purchase fewer credits from Elon. That means Tesla needs to actually start selling carsto make money. The catch-22 is that for the company to sell more cars, it first needs to increase its production capacity. If Tesla’s succeeds in selling more cars capital expenditure and working capital are primed to grow along with sales. Tesla needs to build economies of scale before it can benefit from them.Market Share Losses Continue: Incumbent automakers have entered the EV market with scale and are already taking market share from Tesla. Per Figure 2, Tesla’s share of global EV sales fell from 16% in 2019 to 14% in 2021.Tesla’s share of the U.S. EV market fell from 79% in2020to 70% in2021. With light truck sales comprising more than three out of every four vehicles sold in the U.S. in January 2022, Tesla falling behind in truck EVs means its share of the U.S. market could fall further.Figure 2: Tesla’s Share of the Global EV SalesTSLA Market Share Since 2019(New Constructs, LLC)Sources: New Constructs, LLC, EV-volumes.com and StatistaSlow Start to 2022:Though Teslaforecastedan at least 50% YoY rise in deliveries in 2022, the company is feeling the effects of supply chain problems – just like every other automaker. The company delivered 310,000 vehicles in the quarter, while consensus estimates were for 313,000.Reverse DCF Math: Valuation Implies Tesla Will Own at Least 57% of the Global Passenger EV MarketDespite the increased competition, failure to meet delivery expectations, and diminutive share of the global EV market in 2021, Tesla’s valuation implies the company will own 57% of the global passenger EV market in 2030.Even if Tesla increases the average selling price (ASP) per vehicle to $55K vs. ($49K in 2021), Tesla’s stock price at ~$1,100/share implies the firm will sell 15 million vehicles in 2030 versus ~936k in 2021. That figure represents 57% of the projected base case global EV passenger vehicle market in 2030 and the implied vehicle sales based on a lower ASP looks even more unrealistic.To provide inarguably best-case scenarios for assessing the expectations reflected in Tesla’s stock price, we assume Tesla achieves profit margins 1.5x Toyota Motor Corp (TM) and triples its current auto manufacturing efficiency.Per Figure 3, an $1,100/share price implies that, in 2030, Tesla will sell the following number of vehicles based on these ASP benchmarks:15 million vehicles – ASP of $55K (above average U.S. new car price of $47K in 2021)7 million vehicles – ASP of $49K (equal to Tesla’s 2021 ASP[1])21 million vehicles – ASP of $38K (equal to General Motors’ ASP[2] of $38K in 2021)If Tesla achieves those EV sales, the implied market share for the company would be the following (assuming global passenger EV sales reach 26 million in 2030, the base case projection from the IEA):57% for 15 million vehicles64% for 17 million vehicles83% for 21 million vehiclesIf we assume the IEA’s best case for global passenger EV sales in 2030, 47 million vehicles, the above vehicle sales represent:31% for 15 million vehicles35% for 17 million vehicles45% for 21 million vehiclesFigure 3: Tesla’s Implied Vehicle Sales in 2030 to Justify $1,100/ShareTSLA DCF Implied Vehicle Production(New Constructs, LLC)Sources: New Constructs, LLC and company filingsTesla Must Generate More Profits Than Apple For Investors to Make MoneyBelow are the assumptions we use in our reverse discounted cash flow model to calculate the implied production levels above.Bulls should understand what Tesla needs to accomplish to justify ~$1,100/share:immediately achieve a 14% NOPAT margin (1.5x Toyota’s margin, which is the highest of the large-scale automakers we cover), compared to Tesla’s TTM margin of 8%) andgrow revenue by 32% compounded annually from 2022 to 2030.In this scenario, Tesla generates $811 billion in revenue in 2030, which is 116% of the combined revenues of Toyota, Stellantis (STLA), Ford, General Motors, and Honda (HMC) over the past twelve months. Tesla must replace the U.S. auto industry before 2030 to justify current valuations.This scenario also implies Tesla grows net operating profit after-tax (NOPAT) by 2,458% from 2021 to 2030. In this scenario, Tesla generates $112 billion in NOPAT in 2030, or 12% higher than Apple’s (AAPL) TTM NOPAT, which, at $100 billion, is the highest of all companies we cover, and 65% higher than Microsoft (MSFT), the second-highest. Those companies have intertwined themselves in the lives of consumers and businesses around the world, which seems an unlikely feat for Tesla at this point.TSLA Has 46% Downside If Morgan Stanley Is Right About SalesIf we assume Tesla reaches Morgan Stanley’s estimate of selling 8.1 million cars in 2030 (which implies a 31% share of the global passenger EV market in 2030), at an ASP of $55k, the stock is worth just $542/share. Details:NOPAT margin improves to 14% andrevenue grows 27% compounded annually over the next decade, thenthe stock is worth just $547/share today – a 46% downside to the current price. See the math behind this reverse DCF scenario. In this scenario, Tesla grows NOPAT to $62 billion, or nearly 14x its 2021 NOPAT, and just 7% below Alphabet’s (GOOGL) 2021 NOPAT.TSLA Has 80%+ Downside Even with 27% Market Share and Realistic MarginsIf we estimate more reasonable (but still very optimistic) margins and market share achievements for Tesla, the stock is worth just $200/share. Here’s the math:NOPAT margin improves to 9% (equal to Toyota’s TTM margin) andrevenue grows by consensus estimates from 2022 to 2024 andrevenue grows 17% a year from 2025 to 2030, thenthe stock is worth just $200/share today – an 80% downside to the current price.In this scenario, Tesla sells 7 million cars (27% of the global passenger EV market in 2030) at an ASP of $47K (average new car price in U.S. in 2021) and grows NOPAT by 24% compounded annually from 2022 to 2030.We also assume a more realistic NOPAT margin of 9% in this scenario, which is 1.3x higher than Toyota’s industry-leading five-year average NOPAT margin of 7%. Given the required capital requirements to fund manufacturing and match increased competition in the EV market, Tesla is unlikely to achieve and sustain a margin as high as 9% from 2022 to 2030. If Tesla fails to meet these expectations, then the stock is worth less than $200/share.Figure 4 compares the firm’s historical NOPAT to the NOPAT implied in the above scenarios to illustrate just how high the expectations baked into Tesla’s stock price remain. For additional context, we show Toyota’s, General Motors’, and Apple’s TTM NOPAT.Figure 4: Tesla’s Historical and Implied NOPAT: DCF Valuation ScenariosTSLA DCF Implied NOPAT(New Constructs, LLC)Sources: New Constructs, LLC and company filingsEach of the above scenarios assumes Tesla’s invested capital grows 14% compounded annually through 2030. For reference, Tesla’s invested capital grew 49% compounded annually from 2011 to 2021 and 30% compounded annually since 2015.An invested capital CAGR of 14% represents 1/3rdthe CAGR of Tesla’s property, plant, and equipment since 2011 and assumes the company can build future plants and produce cars 3x more efficiently than it has so far.In other words, we aim to provide inarguably best-case scenarios for assessing the expectations for future market share and profits reflected in Tesla’s stock market valuation.Tesla Won’t Be the Only One to FallOther meme stocks have taken pages from the Musk playbook and will likely suffer the same fate we expect Tesla to suffer once the game is up. GameStop (GME) promised to transform itself into an ecommerce powerhouse, yet the company continues to head in the opposite direction and earnings continue to disappoint. GameStop’s Core Earnings fell from -$200 million in fiscal 2021 to -$321 million in fiscal 2022.Despite the company’s inability to quickly execute operational change, GameStop’s stock has remained well above a reasonable valuation thanks in part to announcing the launch of a marketplace for nonfungible tokens (NFTs) and partnerships with blockchain firms.AMC Entertainment Holdings (AMC) has also run several Tesla-esque plays to prop up its stock. Indeed, the company’s CEO recently tweeted that the company is “playing on offense again” with its investment in a microcap gold mine. Before gold mines, the company got on the crypto bandwagon in 2021 by accepting Bitcoin, Ethereum, Bitcoin Cash, and Litecoin.Beyond the repeated attempts at propping up their stocks, the fundamentally weak business models of Tesla, GameStop, and AMC Entertainment in highly competitive industries burn cash and continue to dilute shareholders whenever possible. Per Figure 5, despite combining for more than $1.1 trillion of market cap, Tesla, AMC Entertainment, and GameStop have a combined economic book value, our measure of the no growth value of a stock, of -$52 billion and -$4.3 billion of free cash flow over the past twelve months.Figure 5: Meme Stock’s Market Cap, Economic Book Value & FCF: TTMMeme Stocks Market Cap, Economic Book Value, FCF(New Constructs, LLC)Sources: New Constructs, LLC and company filingsThis article originally published on April 14, 2022.Disclosure: David Trainer, Kyle Guske II, and Matt Shuler receive no compensation to write about any specific stock, sector, style, or theme.[1] Tesla’s ASP = (total automotive revenues – regulatory credits) / deliveries[2] General Motors’ ASP = Vehicle, parts and accessories / wholesale vehicle sales","news_type":1},"isVote":1,"tweetType":1,"viewCount":471,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9090942011,"gmtCreate":1643071774952,"gmtModify":1676533771138,"author":{"id":"3573553997588785","authorId":"3573553997588785","name":"CSR9","avatar":"https://static.tigerbbs.com/a2dbfeddb80b64cb1e0ef8269b56cf73","crmLevel":9,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3573553997588785","authorIdStr":"3573553997588785"},"themes":[],"htmlText":"Correction time&nbsp;","listText":"Correction time&nbsp;","text":"Correction time","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9090942011","repostId":"2206888965","repostType":4,"repost":{"id":"2206888965","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1643064873,"share":"https://ttm.financial/m/news/2206888965?lang=&edition=fundamental","pubTime":"2022-01-25 06:54","market":"us","language":"en","title":"Wall Street Reverses, Ends Higher in Late Session Rally","url":"https://stock-news.laohu8.com/highlight/detail?id=2206888965","media":"Reuters","summary":"Kohl's surges as Sycamore, Acacia show takeover interestIBM climbs in after hours trading after post","content":"<html><head></head><body><ul><li>Kohl&#39;s surges as Sycamore, Acacia show takeover interest</li><li>IBM climbs in after hours trading after posting results</li><li>Indexes up: Dow 0.29%, S&amp;P 0.28%, Nasdaq 0.63%</li></ul><p>NEW YORK, Jan 24 (Reuters) - Wall Street bounced back from a steep sell-off late in the session to close higher on Monday, with bargain hunters pushing the indexes into positive territory by closing bell.</p><p>The S&amp;P 500 earlier came close to confirming a correction by appearing on track to close more than 10% down from its most recent all-time high reached on Jan 3 as investors focused on concerns about an increasingly hawkish Federal Reserve and geopolitical tensions.</p><p>The S&amp;P 500 recovered 4.3 percentage points from its session low to it closing level, the largest such swing since March 26, 2020, when Wall Street was bouncing back from the global slump caused by the coronavirus pandemic.</p><p>Earlier in the day, the indexes were all more than 2% lower. The S&amp;P appeared to be on course to confirm a correction, and the Russell 2000 looked as if it would confirm it was in a bear market.</p><p>This abrupt, late-session U-turn came in the wake of S&amp;P 500 and the Nasdaq suffering their largest weekly percentage plunge since March 2020, when shutdowns to contain the pandemic sent the economy spiraling into its steepest and most abrupt recession on record.</p><p>&#34;Correction territory is often a psychological sweet spot for investors. They see the correction, and they see that it&#39;s a healthy part of the markets,&#34; said Jake Dollarhide, chief executive officer of Longbow Asset Management in Tulsa, Oklahoma.</p><p>&#34;When everything started selling off, that got a lot of people&#39;s attention, so I think we had what I would call intraday capitulation, getting some of this easy money out of the market,&#34; Dollarhide added.</p><p>The U.S. Federal Reserve is due to convene its two-day monetary policy meeting on Tuesday, and market participants will be parsing its concluding statement and Chairman Jerome Powell&#39;s subsequent Q&amp;A session for clues as to the central bank&#39;s timeline for hiking key interest rates to combat inflation.</p><p>&#34;I think investors are over-assuming a very hawkish stance by the Fed,&#34; said Sam Stovall, chief investment strategist of CFRA Research in New York. &#34;Granted, inflation is high and is likely to get higher before it starts to decline. Specifically we see the headline CPI topping at 7.3% for both January and February, but then coming down to 3.5% by year-end.&#34;</p><p>In a sign that geopolitical tensions are heating up, NATO announced it was putting forces on standby to prepare for a potential conflictbetween Russia and Ukraine.</p><p>The threat of potential conflict in that region helped U.S. Treasury yields dip, pausing their recent upward climb, which has pressured stocks in recent months.</p><p>The Dow Jones Industrial Average rose 99.13 points, or 0.29%, to 34,364.5, the S&amp;P 500 gained 12.19 points, or 0.28%, to 4,410.13 and the Nasdaq Composite added 86.21 points, or 0.63%, to 13,855.13.</p><p>All 11 major sectors of the S&amp;P 500 spent most of the trading day deep in red territory, but by market close all but three were green. Consumer discretionary enjoyed the largest percentage gain.</p><p>Fourth-quarter reporting season is in full swing, with 65 of the companies in the S&amp;P 500 having posted results. Of those, 77% have come in above expectations, according to data from Refinitiv.</p><p>On aggregate, analysts now see S&amp;P 500 annual EPS growth of 23.7%, per Refinitiv.</p><p>A series of disappointing earnings from big banks and, notably, lockdown darling Netflix Inc have overshadowed many better-than-expected results.</p><p>Shares of International Business Machines gained about 2% in after-hours trading after the company beat revenue expectations on the strength of its cloud and consulting businesses.</p><p>Kohl&#39;s Corp surged after Reuters reported private equity firm Sycamore Partners is preparing to make a bid for the department store chain days after a consortium backed by activist investment firm Starboard Value proposed a buyout.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 1.49-to-1 ratio; on Nasdaq, a 1.08-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted 1 new 52-week highs and 31 new lows; the Nasdaq Composite recorded four new highs and 1,319 new lows.</p><p>Volume on U.S. exchanges was 18.42 billion shares, compared with the 10.95 billion average over the last 20 trading days.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Wall Street Reverses, Ends Higher in Late Session Rally</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWall Street Reverses, Ends Higher in Late Session Rally\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-01-25 06:54</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><ul><li>Kohl&#39;s surges as Sycamore, Acacia show takeover interest</li><li>IBM climbs in after hours trading after posting results</li><li>Indexes up: Dow 0.29%, S&amp;P 0.28%, Nasdaq 0.63%</li></ul><p>NEW YORK, Jan 24 (Reuters) - Wall Street bounced back from a steep sell-off late in the session to close higher on Monday, with bargain hunters pushing the indexes into positive territory by closing bell.</p><p>The S&amp;P 500 earlier came close to confirming a correction by appearing on track to close more than 10% down from its most recent all-time high reached on Jan 3 as investors focused on concerns about an increasingly hawkish Federal Reserve and geopolitical tensions.</p><p>The S&amp;P 500 recovered 4.3 percentage points from its session low to it closing level, the largest such swing since March 26, 2020, when Wall Street was bouncing back from the global slump caused by the coronavirus pandemic.</p><p>Earlier in the day, the indexes were all more than 2% lower. The S&amp;P appeared to be on course to confirm a correction, and the Russell 2000 looked as if it would confirm it was in a bear market.</p><p>This abrupt, late-session U-turn came in the wake of S&amp;P 500 and the Nasdaq suffering their largest weekly percentage plunge since March 2020, when shutdowns to contain the pandemic sent the economy spiraling into its steepest and most abrupt recession on record.</p><p>&#34;Correction territory is often a psychological sweet spot for investors. They see the correction, and they see that it&#39;s a healthy part of the markets,&#34; said Jake Dollarhide, chief executive officer of Longbow Asset Management in Tulsa, Oklahoma.</p><p>&#34;When everything started selling off, that got a lot of people&#39;s attention, so I think we had what I would call intraday capitulation, getting some of this easy money out of the market,&#34; Dollarhide added.</p><p>The U.S. Federal Reserve is due to convene its two-day monetary policy meeting on Tuesday, and market participants will be parsing its concluding statement and Chairman Jerome Powell&#39;s subsequent Q&amp;A session for clues as to the central bank&#39;s timeline for hiking key interest rates to combat inflation.</p><p>&#34;I think investors are over-assuming a very hawkish stance by the Fed,&#34; said Sam Stovall, chief investment strategist of CFRA Research in New York. &#34;Granted, inflation is high and is likely to get higher before it starts to decline. Specifically we see the headline CPI topping at 7.3% for both January and February, but then coming down to 3.5% by year-end.&#34;</p><p>In a sign that geopolitical tensions are heating up, NATO announced it was putting forces on standby to prepare for a potential conflictbetween Russia and Ukraine.</p><p>The threat of potential conflict in that region helped U.S. Treasury yields dip, pausing their recent upward climb, which has pressured stocks in recent months.</p><p>The Dow Jones Industrial Average rose 99.13 points, or 0.29%, to 34,364.5, the S&amp;P 500 gained 12.19 points, or 0.28%, to 4,410.13 and the Nasdaq Composite added 86.21 points, or 0.63%, to 13,855.13.</p><p>All 11 major sectors of the S&amp;P 500 spent most of the trading day deep in red territory, but by market close all but three were green. Consumer discretionary enjoyed the largest percentage gain.</p><p>Fourth-quarter reporting season is in full swing, with 65 of the companies in the S&amp;P 500 having posted results. Of those, 77% have come in above expectations, according to data from Refinitiv.</p><p>On aggregate, analysts now see S&amp;P 500 annual EPS growth of 23.7%, per Refinitiv.</p><p>A series of disappointing earnings from big banks and, notably, lockdown darling Netflix Inc have overshadowed many better-than-expected results.</p><p>Shares of International Business Machines gained about 2% in after-hours trading after the company beat revenue expectations on the strength of its cloud and consulting businesses.</p><p>Kohl&#39;s Corp surged after Reuters reported private equity firm Sycamore Partners is preparing to make a bid for the department store chain days after a consortium backed by activist investment firm Starboard Value proposed a buyout.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 1.49-to-1 ratio; on Nasdaq, a 1.08-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted 1 new 52-week highs and 31 new lows; the Nasdaq Composite recorded four new highs and 1,319 new lows.</p><p>Volume on U.S. exchanges was 18.42 billion shares, compared with the 10.95 billion average over the last 20 trading days.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPY":"标普500ETF","BK4559":"巴菲特持仓","BK4534":"瑞士信贷持仓",".DJI":"道琼斯","BK4504":"桥水持仓","BK4550":"红杉资本持仓",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2206888965","content_text":"Kohl's surges as Sycamore, Acacia show takeover interestIBM climbs in after hours trading after posting resultsIndexes up: Dow 0.29%, S&P 0.28%, Nasdaq 0.63%NEW YORK, Jan 24 (Reuters) - Wall Street bounced back from a steep sell-off late in the session to close higher on Monday, with bargain hunters pushing the indexes into positive territory by closing bell.The S&P 500 earlier came close to confirming a correction by appearing on track to close more than 10% down from its most recent all-time high reached on Jan 3 as investors focused on concerns about an increasingly hawkish Federal Reserve and geopolitical tensions.The S&P 500 recovered 4.3 percentage points from its session low to it closing level, the largest such swing since March 26, 2020, when Wall Street was bouncing back from the global slump caused by the coronavirus pandemic.Earlier in the day, the indexes were all more than 2% lower. The S&P appeared to be on course to confirm a correction, and the Russell 2000 looked as if it would confirm it was in a bear market.This abrupt, late-session U-turn came in the wake of S&P 500 and the Nasdaq suffering their largest weekly percentage plunge since March 2020, when shutdowns to contain the pandemic sent the economy spiraling into its steepest and most abrupt recession on record.\"Correction territory is often a psychological sweet spot for investors. They see the correction, and they see that it's a healthy part of the markets,\" said Jake Dollarhide, chief executive officer of Longbow Asset Management in Tulsa, Oklahoma.\"When everything started selling off, that got a lot of people's attention, so I think we had what I would call intraday capitulation, getting some of this easy money out of the market,\" Dollarhide added.The U.S. Federal Reserve is due to convene its two-day monetary policy meeting on Tuesday, and market participants will be parsing its concluding statement and Chairman Jerome Powell's subsequent Q&A session for clues as to the central bank's timeline for hiking key interest rates to combat inflation.\"I think investors are over-assuming a very hawkish stance by the Fed,\" said Sam Stovall, chief investment strategist of CFRA Research in New York. \"Granted, inflation is high and is likely to get higher before it starts to decline. Specifically we see the headline CPI topping at 7.3% for both January and February, but then coming down to 3.5% by year-end.\"In a sign that geopolitical tensions are heating up, NATO announced it was putting forces on standby to prepare for a potential conflictbetween Russia and Ukraine.The threat of potential conflict in that region helped U.S. Treasury yields dip, pausing their recent upward climb, which has pressured stocks in recent months.The Dow Jones Industrial Average rose 99.13 points, or 0.29%, to 34,364.5, the S&P 500 gained 12.19 points, or 0.28%, to 4,410.13 and the Nasdaq Composite added 86.21 points, or 0.63%, to 13,855.13.All 11 major sectors of the S&P 500 spent most of the trading day deep in red territory, but by market close all but three were green. Consumer discretionary enjoyed the largest percentage gain.Fourth-quarter reporting season is in full swing, with 65 of the companies in the S&P 500 having posted results. Of those, 77% have come in above expectations, according to data from Refinitiv.On aggregate, analysts now see S&P 500 annual EPS growth of 23.7%, per Refinitiv.A series of disappointing earnings from big banks and, notably, lockdown darling Netflix Inc have overshadowed many better-than-expected results.Shares of International Business Machines gained about 2% in after-hours trading after the company beat revenue expectations on the strength of its cloud and consulting businesses.Kohl's Corp surged after Reuters reported private equity firm Sycamore Partners is preparing to make a bid for the department store chain days after a consortium backed by activist investment firm Starboard Value proposed a buyout.Declining issues outnumbered advancing ones on the NYSE by a 1.49-to-1 ratio; on Nasdaq, a 1.08-to-1 ratio favored decliners.The S&P 500 posted 1 new 52-week highs and 31 new lows; the Nasdaq Composite recorded four new highs and 1,319 new lows.Volume on U.S. exchanges was 18.42 billion shares, compared with the 10.95 billion average over the last 20 trading days.","news_type":1},"isVote":1,"tweetType":1,"viewCount":326,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9004896431,"gmtCreate":1642551198610,"gmtModify":1676533721347,"author":{"id":"3573553997588785","authorId":"3573553997588785","name":"CSR9","avatar":"https://static.tigerbbs.com/a2dbfeddb80b64cb1e0ef8269b56cf73","crmLevel":9,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3573553997588785","authorIdStr":"3573553997588785"},"themes":[],"htmlText":"Good going","listText":"Good going","text":"Good going","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9004896431","repostId":"2204082004","repostType":4,"repost":{"id":"2204082004","kind":"news","pubTimestamp":1642546860,"share":"https://ttm.financial/m/news/2204082004?lang=&edition=fundamental","pubTime":"2022-01-19 07:01","market":"us","language":"en","title":"SoFi Receives Regulatory Approval to Become a National Bank","url":"https://stock-news.laohu8.com/highlight/detail?id=2204082004","media":"StreetInsider","summary":"SoFi Technologies, Inc. (“SoFi”), the digital personal finance company, today announced that the Off","content":"<html><head></head><body><p>SoFi Technologies, Inc. (“SoFi”), the digital personal finance company, today announced that the Office of the Comptroller of the Currency (OCC) and the Federal Reserve have approved its applications to become a Bank Holding Company through its proposed acquisition of Golden Pacific Bancorp, Inc., and operate its bank subsidiary as SoFi Bank, National Association. SoFi expects the acquisition to close in February, subject to completion or waiver of the remaining customary closing conditions.</p><p>“This incredible milestone elevates our ability to help even more people get their money right and realize their ambitions,” <b>said Anthony Noto, CEO of SoFi</b>. “With a national bank charter, not only will we be able to lend at even more competitive interest rates and provide our members with high-yielding interest in checking and savings, it will also enhance our financial products and services to ensure they efficiently meet the needs of our members, business partners, and communities across the country, while continuing to uphold a high bar of regulatory standards and compliance. This important step allows us to add to our broad suite of financial products and services to better be there for our members during the major financial moments in their lives and all of the moments in between. I’m incredibly proud of our team and excited about the opportunities ahead to help even more people achieve financial independence.”</p><p>Last year, in a key strategic step in SoFi’s path to obtaining a national bank charter, the company announced a definitive agreement by its subsidiary Social Finance, Inc. to acquire Golden Pacific Bancorp, Inc. (OTCPK: GPBI) and its wholly owned subsidiary Golden Pacific Bank, N.A. (together, “GPB”). SoFi plans to contribute $750 million in capital and pursue its national, digital business plan while maintaining GPB’s community bank business and footprint, including GPB’s current three physical branches. At the time of the announcement, SoFi submitted a revised business plan for GPB to the OCC and an application to become a bank holding company and for a change of control to the Federal Reserve for approval. After completing the acquisition of GPB, SoFi Technologies, Inc. (NASDAQ: SoFi) will become the parent company of SoFi Bank, National Association.</p></body></html>","source":"highlight_streetinsider","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SoFi Receives Regulatory Approval to Become a National Bank</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSoFi Receives Regulatory Approval to Become a National Bank\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-19 07:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.streetinsider.com/dr/news.php?id=19473071><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SoFi Technologies, Inc. (“SoFi”), the digital personal finance company, today announced that the Office of the Comptroller of the Currency (OCC) and the Federal Reserve have approved its applications ...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=19473071\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4211":"区域性银行","SOFI":"SoFi Technologies Inc."},"source_url":"https://www.streetinsider.com/dr/news.php?id=19473071","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2204082004","content_text":"SoFi Technologies, Inc. (“SoFi”), the digital personal finance company, today announced that the Office of the Comptroller of the Currency (OCC) and the Federal Reserve have approved its applications to become a Bank Holding Company through its proposed acquisition of Golden Pacific Bancorp, Inc., and operate its bank subsidiary as SoFi Bank, National Association. SoFi expects the acquisition to close in February, subject to completion or waiver of the remaining customary closing conditions.“This incredible milestone elevates our ability to help even more people get their money right and realize their ambitions,” said Anthony Noto, CEO of SoFi. “With a national bank charter, not only will we be able to lend at even more competitive interest rates and provide our members with high-yielding interest in checking and savings, it will also enhance our financial products and services to ensure they efficiently meet the needs of our members, business partners, and communities across the country, while continuing to uphold a high bar of regulatory standards and compliance. This important step allows us to add to our broad suite of financial products and services to better be there for our members during the major financial moments in their lives and all of the moments in between. I’m incredibly proud of our team and excited about the opportunities ahead to help even more people achieve financial independence.”Last year, in a key strategic step in SoFi’s path to obtaining a national bank charter, the company announced a definitive agreement by its subsidiary Social Finance, Inc. to acquire Golden Pacific Bancorp, Inc. (OTCPK: GPBI) and its wholly owned subsidiary Golden Pacific Bank, N.A. (together, “GPB”). SoFi plans to contribute $750 million in capital and pursue its national, digital business plan while maintaining GPB’s community bank business and footprint, including GPB’s current three physical branches. At the time of the announcement, SoFi submitted a revised business plan for GPB to the OCC and an application to become a bank holding company and for a change of control to the Federal Reserve for approval. After completing the acquisition of GPB, SoFi Technologies, Inc. (NASDAQ: SoFi) will become the parent company of SoFi Bank, National Association.","news_type":1},"isVote":1,"tweetType":1,"viewCount":446,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9005183433,"gmtCreate":1642207382026,"gmtModify":1676533692101,"author":{"id":"3573553997588785","authorId":"3573553997588785","name":"CSR9","avatar":"https://static.tigerbbs.com/a2dbfeddb80b64cb1e0ef8269b56cf73","crmLevel":9,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3573553997588785","authorIdStr":"3573553997588785"},"themes":[],"htmlText":"Terrible&nbsp;","listText":"Terrible&nbsp;","text":"Terrible","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9005183433","repostId":"1163309765","repostType":2,"isVote":1,"tweetType":1,"viewCount":396,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":324253549727920,"gmtCreate":1720192969211,"gmtModify":1720192973018,"author":{"id":"3573553997588785","authorId":"3573553997588785","name":"CSR9","avatar":"https://static.tigerbbs.com/a2dbfeddb80b64cb1e0ef8269b56cf73","crmLevel":9,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3573553997588785","authorIdStr":"3573553997588785"},"themes":[],"htmlText":"Hello tiger brokers. Good day to you","listText":"Hello tiger brokers. Good day to you","text":"Hello tiger brokers. Good day to you","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":1,"link":"https://ttm.financial/post/324253549727920","isVote":1,"tweetType":1,"viewCount":219,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9041263792,"gmtCreate":1656058054916,"gmtModify":1676535760487,"author":{"id":"3573553997588785","authorId":"3573553997588785","name":"CSR9","avatar":"https://static.tigerbbs.com/a2dbfeddb80b64cb1e0ef8269b56cf73","crmLevel":9,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3573553997588785","authorIdStr":"3573553997588785"},"themes":[],"htmlText":"silver-lining. buy when it dips.&nbsp;","listText":"silver-lining. buy when it dips.&nbsp;","text":"silver-lining. buy when it dips.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9041263792","repostId":"1104666948","repostType":4,"repost":{"id":"1104666948","kind":"news","pubTimestamp":1656053453,"share":"https://ttm.financial/m/news/1104666948?lang=&edition=fundamental","pubTime":"2022-06-24 14:50","market":"us","language":"en","title":"Tesla: Elon Musk Is Spreading FUD","url":"https://stock-news.laohu8.com/highlight/detail?id=1104666948","media":"Seeking Alpha","summary":"SummaryWith a repeated emphasis on Tesla's tough outlook due to supply constraints, Shanghai lockdow","content":"<html><head></head><body><p><b>Summary</b></p><ul><li>With a repeated emphasis on Tesla&#39;s tough outlook due to supply constraints, Shanghai lockdowns, production challenges, and an imminent recession, Elon Musk is dialing-up investors&#39; angst on the stock&#39;s prospects.</li><li>Wall Street analysts have cut volume projections and PTs for Tesla as Musk warns of a &#34;tough quarter&#34; in Shanghai and ramp-up challenges in Austin and Berlin, alongside stronger-than-expected rate hikes.</li><li>The downward-adjusted consensus average estimates are now near levels we had projected back in April - 270,000-level Q2 deliveries; PT $1,100.</li><li>While near-term investor angst and broad-based market volatility are weighing on Tesla&#39;s stock performance, it is creating an attractive opportunity to buy in on unmatched long-term growth prospects in the burgeoning EV industry.</li></ul><p>Job cuts, production nightmares, rising input costs, and a looming recession - Elon Musk has been preparing everyone for the worst at Tesla (NASDAQ:TSLA) every time he has had something to say in recent weeks, spreading fear, uncertainty, and doubt (FUD). On one hand, the adverse remarks may be a drag on the electric vehicle (&#34;EV&#34;) stock&#39;s performance, which still trades at a higher market value than that of the top legacy automakers combined. Meanwhile, on the other hand, Musk may be setting softer expectations to drive a much-needed earnings surprise boost for the stock in a couple of weeks, considering Tesla&#39;s positive track record in beating estimates.</p><p>Tesla has lost more than 30% of its market value since it last traded above $1,000 per share in April, as investors grappled with the payment structure on Musk&#39;s proposed Twitter deal weighing on the EV stock&#39;s performance, in addition to the production nightmare in Shanghai due to China&#39;s strict adherence to its COVID Zero policy. Increasing risks of a recession have also driven a series of downward adjustments to price targets on Wall Street in anticipation of a potential slowdown in consumer demand and rising interest rates in the near term. Even Tesla&#39;s confirmation on a three-for-one stock split proposal has done little to salvage the stock from its recent declines.</p><p>While recent headwinds may continue to add pressure to the stock&#39;s near-term performance, the EV titan remains an industry leader from a fundamental perspective. Commanding close to75%of the global EV market, Tesla is taking a page from Apple (AAPL) in smartphones and applying it to the electrification and digitization of the automotive industry. The recent pullback in Tesla&#39;s valuation is creating an attractive entry opportunity to take part in generous upside potential underpinned by continued acceleration in EV and autonomous mobility adoption over the long run.</p><p><b>Waking Up from the Shanghai Lockdown</b></p><p>In addition to challenges in ramping up productions in Shanghai following a three-week lockdown ordered by the Chinese government earlier in the second quarter to keep COVID infection rates at bay, Tesla is also grappling with a nightmare in getting outputs up to speed in its new Berlin and Austin facilities that came online inMarchandApril, respectively. Musk had recently warned of a &#34;tough quarter&#34;, pinpointing supply chain constraints and production headwinds in China as key culprits. The message has heightened investor angst over the extent of adversities experienced from China&#39;s COVID Zero policy in recent months.</p><p>Although the Shanghai lockdown has cost Tesla lost production estimated at approximately 40,000 vehicles in the current quarter, it has already shown positive progress in making a strong comeback. Tesla&#39;s Shanghai facility resumed operations in mid-April under a &#34;closed loop&#34; system where employees have been required to live within the facility and adhere to strict COVID prevention measures. The facility&#39;s limited manpower since the latest COVID outbreak in China also has not slowed Tesla from getting production back up to speed, and achieving &#34;record output per week from Giga Shanghai&#34; as promised during its latest earnings call. The China Passenger Car Association reported Tesla had &#34;produced 33,544 cars from its Shanghai plant&#34; in May, an impressive three-fold from volumes (10,757 vehicles) in April.</p><p>While Giga Shanghai&#39;s May volumes are still a far cry from monthly shipments of more than 65,000 vehicles prior to the COVID lockdowns, the facility has continued to improve productions toward a run rate of17,000 vehicles per week since mid-June. This compares to the production run rate of about 2,100 vehicles per day prior to the lockdowns. Combined with Tesla&#39;s notorious reputation for &#34;delivering many units during a quarter-end sprint&#34;, the Shanghai plant just might be on track to achieving record output per week by the end of June as promised.</p><p>Looking ahead, Giga Shanghai has recently announced a partial suspension to its production line &#34;in the first two weeks of July to work on an upgrade of the site&#34;. While the development might sound like another test to Tesla&#39;s most crucial artery that bridges it to vast opportunities in the Chinese and European EV markets, the resulting operating efficiencies are expected to help Giga Shanghai make up for the lost volumes sustained during the April lockdown in the latter half of the year.</p><p>Tesla aims to ramp up its Shanghai facility&#39;s output to22,000 vehicles per week by the end of July following the completion of the scheduled upgrades. This would mark a strategic catch-up on plans to produce &#34;8,000 Model 3s and 14,000 Model Ys per week&#34; in Shanghai, which were originally intended for mid-May if it were not for COVID-related disruptions. The upgrades would also contribute to Tesla&#39;s broader plans to increase Giga Shanghai&#39;s annual production capacity to one million vehicles, up from its &#34;original installed capacity of 450,000 vehicles&#34;, in order to better capture burgeoning demand in China - the world&#39;s largest EV market. As such, we remain optimistic about Tesla&#39;s ability in achieving its production target of about 1.5 million units by the end of the year.</p><p><b>Musk Reminds You Again About Production Pains</b></p><p>In addition to Shanghai, Musk has also reiterated the headache of ramping up production at Tesla&#39;s brand-new Berlin and Austin facilities during a recent interview. On top of &#34;losing billions of dollars&#34; during production ramp-up, Musk also cited Tesla&#39;s struggle in meeting planned production volumes of the Model Ys using the &#34;new 4680 cells and structurally integrated battery pack&#34; in Austin.</p><p>While Tesla had intended to concurrently produce Model Ys with the predecessor 2170 cells in Austin as a temporary solution to keep up with demand, Musk noted that the required tooling &#34;got stuck in China&#34;, exacerbating the current production challenge. The latest nightmare in bringing Berlin and Austin production volumes to scale is a reminder of Musk&#39;s repeated warnings of how difficult the task is to new entrants in the fast-expanding EV industry:</p><blockquote>Production is hard. Production with positive cash flow is extremely hard.</blockquote><blockquote>The difficulty and value of manufacturing isunderappreciated… It&#39;s relatively easy to make a prototype by extremely difficult to mass manufacture a vehicle reliably at scale.</blockquote><blockquote>Prototypes are trivial compared toscaling productionand supply chain. If those are solved, achieving positive gross margin is the next nightmare.</blockquote><blockquote>Source: Elon Musk</blockquote><p>Although Musk is raising concerns about the difficulty and high costs of getting productions up to speed in Berlin and Austin, the added pressure on Tesla&#39;s near-term consolidated margins due to early-stage ramp-up at the new facilities are largely expected and have already been priced into the stock&#39;s performance. It is also within general expectations that the Austin and Berlin facilities are not expected to deliver meaningful &#34;production and delivery cadence&#34; until the latter half of the year.</p><p><b>Recap: Fundamental and Valuation Outlook</b></p><p>Although Wall Street analysts have rushed to trim volume and margin estimates this week for Tesla due to its global production nightmare, we are maintaining our most recent fundamental forecast for the company.</p><p>Consensus estimates on Tesla&#39;s second quarter volumes have dropped from an average of 300,000 units to approximately 270,000 units after a slew of downward adjustments observed across Wall Street. Morgan Stanley updated its second quarter volume forecast for Tesla to 270,000 units (vs. previous forecast: 316,000 units), while others like RBC have followed suit to account for the anticipated production shortfall in Shanghai, Berlin and Austin.</p><p>Meanwhile, we are maintaining our second quarter volume projections from April at the 270,000-level, which already considers impacts of the pandemic lockdowns in Shanghai, as well as nominal volume contribution from Austin and Berlin until the latter half of the year.</p><p><img src=\"https://static.tigerbbs.com/c6a12dd54ffe8588c8c9bfd2725a25ba\" tg-width=\"640\" tg-height=\"108\" referrerpolicy=\"no-referrer\"/></p><p>Tesla Volume Projections (Author)</p><p><img src=\"https://static.tigerbbs.com/2a491c63b4bc9ccbaecdf26e83358499\" tg-width=\"640\" tg-height=\"268\" referrerpolicy=\"no-referrer\"/></p><p>Tesla Financial Forecast (Author)</p><p>From a valuation perspective, we are also maintaining our 12-month PT on the stock at $1,100, which represents upside potential of close to 60% based on the stock&#39;s recently traded price of $700 apiece (June 23). The 10.7% WACC applied in discounted our projected cash flows for Tesla updated from April already reflects Tesla&#39;s capital structure, as well as its risk profile ahead of tightening economic conditions in the near term.</p><p><img src=\"https://static.tigerbbs.com/c9a4142f20e3140306abff3eceb466f1\" tg-width=\"640\" tg-height=\"197\" referrerpolicy=\"no-referrer\"/></p><p>Tesla Valuation Analysis (Author)</p><p><img src=\"https://static.tigerbbs.com/7f2f832ff520cd9a1034d7af357fbed3\" tg-width=\"630\" tg-height=\"132\" referrerpolicy=\"no-referrer\"/></p><p>Tesla Valuation Analysis (Author)</p><p><b>Final Thoughts</b></p><p>In addition to common concerns about Tesla&#39;s near-term production challenges, demand risks stemming from a looming recession, paired with Musk&#39;s recent decision to pre-emptively reduce Tesla&#39;s salaried headcount have also shaken investors&#39; confidence on the stock&#39;s near-term performance ahead of economic uncertainties. Earlier concerns that Musk&#39;s consideration of collateralizing his Tesla shares to fund his proposed Twitter acquisition - a financing option that has since been dropped- has also stirred volatility for the EV stock.</p><p>Yet, the fear that Musk has recently been amplifying is merely near-term challenges that are not expected to have a lasting material impact on Tesla&#39;s long-term valuation prospects. Its demand environment remains robust, backed by unmatched industry leadership, as well as proven success in managing across the value chain with strong pricing power to weather through current macro headwinds.</p><p>Looking ahead, broad-based market volatility and Tesla&#39;s company-specific challenges over the coming months will create an attractive entry opportunity to take part in an unmatched growth story alongside imminent mass-market EV and autonomous mobility adoption.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla: Elon Musk Is Spreading FUD</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla: Elon Musk Is Spreading FUD\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-24 14:50 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4520011-tesla-elon-musk-is-spreading-fud?source=content_type%3Aall%7Cfirst_level_url%3Aportfolio%7Csection%3Aportfolio_content_unit%7Csection_asset%3Alatest%7Cline%3A5><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryWith a repeated emphasis on Tesla's tough outlook due to supply constraints, Shanghai lockdowns, production challenges, and an imminent recession, Elon Musk is dialing-up investors' angst on ...</p>\n\n<a href=\"https://seekingalpha.com/article/4520011-tesla-elon-musk-is-spreading-fud?source=content_type%3Aall%7Cfirst_level_url%3Aportfolio%7Csection%3Aportfolio_content_unit%7Csection_asset%3Alatest%7Cline%3A5\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://seekingalpha.com/article/4520011-tesla-elon-musk-is-spreading-fud?source=content_type%3Aall%7Cfirst_level_url%3Aportfolio%7Csection%3Aportfolio_content_unit%7Csection_asset%3Alatest%7Cline%3A5","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1104666948","content_text":"SummaryWith a repeated emphasis on Tesla's tough outlook due to supply constraints, Shanghai lockdowns, production challenges, and an imminent recession, Elon Musk is dialing-up investors' angst on the stock's prospects.Wall Street analysts have cut volume projections and PTs for Tesla as Musk warns of a \"tough quarter\" in Shanghai and ramp-up challenges in Austin and Berlin, alongside stronger-than-expected rate hikes.The downward-adjusted consensus average estimates are now near levels we had projected back in April - 270,000-level Q2 deliveries; PT $1,100.While near-term investor angst and broad-based market volatility are weighing on Tesla's stock performance, it is creating an attractive opportunity to buy in on unmatched long-term growth prospects in the burgeoning EV industry.Job cuts, production nightmares, rising input costs, and a looming recession - Elon Musk has been preparing everyone for the worst at Tesla (NASDAQ:TSLA) every time he has had something to say in recent weeks, spreading fear, uncertainty, and doubt (FUD). On one hand, the adverse remarks may be a drag on the electric vehicle (\"EV\") stock's performance, which still trades at a higher market value than that of the top legacy automakers combined. Meanwhile, on the other hand, Musk may be setting softer expectations to drive a much-needed earnings surprise boost for the stock in a couple of weeks, considering Tesla's positive track record in beating estimates.Tesla has lost more than 30% of its market value since it last traded above $1,000 per share in April, as investors grappled with the payment structure on Musk's proposed Twitter deal weighing on the EV stock's performance, in addition to the production nightmare in Shanghai due to China's strict adherence to its COVID Zero policy. Increasing risks of a recession have also driven a series of downward adjustments to price targets on Wall Street in anticipation of a potential slowdown in consumer demand and rising interest rates in the near term. Even Tesla's confirmation on a three-for-one stock split proposal has done little to salvage the stock from its recent declines.While recent headwinds may continue to add pressure to the stock's near-term performance, the EV titan remains an industry leader from a fundamental perspective. Commanding close to75%of the global EV market, Tesla is taking a page from Apple (AAPL) in smartphones and applying it to the electrification and digitization of the automotive industry. The recent pullback in Tesla's valuation is creating an attractive entry opportunity to take part in generous upside potential underpinned by continued acceleration in EV and autonomous mobility adoption over the long run.Waking Up from the Shanghai LockdownIn addition to challenges in ramping up productions in Shanghai following a three-week lockdown ordered by the Chinese government earlier in the second quarter to keep COVID infection rates at bay, Tesla is also grappling with a nightmare in getting outputs up to speed in its new Berlin and Austin facilities that came online inMarchandApril, respectively. Musk had recently warned of a \"tough quarter\", pinpointing supply chain constraints and production headwinds in China as key culprits. The message has heightened investor angst over the extent of adversities experienced from China's COVID Zero policy in recent months.Although the Shanghai lockdown has cost Tesla lost production estimated at approximately 40,000 vehicles in the current quarter, it has already shown positive progress in making a strong comeback. Tesla's Shanghai facility resumed operations in mid-April under a \"closed loop\" system where employees have been required to live within the facility and adhere to strict COVID prevention measures. The facility's limited manpower since the latest COVID outbreak in China also has not slowed Tesla from getting production back up to speed, and achieving \"record output per week from Giga Shanghai\" as promised during its latest earnings call. The China Passenger Car Association reported Tesla had \"produced 33,544 cars from its Shanghai plant\" in May, an impressive three-fold from volumes (10,757 vehicles) in April.While Giga Shanghai's May volumes are still a far cry from monthly shipments of more than 65,000 vehicles prior to the COVID lockdowns, the facility has continued to improve productions toward a run rate of17,000 vehicles per week since mid-June. This compares to the production run rate of about 2,100 vehicles per day prior to the lockdowns. Combined with Tesla's notorious reputation for \"delivering many units during a quarter-end sprint\", the Shanghai plant just might be on track to achieving record output per week by the end of June as promised.Looking ahead, Giga Shanghai has recently announced a partial suspension to its production line \"in the first two weeks of July to work on an upgrade of the site\". While the development might sound like another test to Tesla's most crucial artery that bridges it to vast opportunities in the Chinese and European EV markets, the resulting operating efficiencies are expected to help Giga Shanghai make up for the lost volumes sustained during the April lockdown in the latter half of the year.Tesla aims to ramp up its Shanghai facility's output to22,000 vehicles per week by the end of July following the completion of the scheduled upgrades. This would mark a strategic catch-up on plans to produce \"8,000 Model 3s and 14,000 Model Ys per week\" in Shanghai, which were originally intended for mid-May if it were not for COVID-related disruptions. The upgrades would also contribute to Tesla's broader plans to increase Giga Shanghai's annual production capacity to one million vehicles, up from its \"original installed capacity of 450,000 vehicles\", in order to better capture burgeoning demand in China - the world's largest EV market. As such, we remain optimistic about Tesla's ability in achieving its production target of about 1.5 million units by the end of the year.Musk Reminds You Again About Production PainsIn addition to Shanghai, Musk has also reiterated the headache of ramping up production at Tesla's brand-new Berlin and Austin facilities during a recent interview. On top of \"losing billions of dollars\" during production ramp-up, Musk also cited Tesla's struggle in meeting planned production volumes of the Model Ys using the \"new 4680 cells and structurally integrated battery pack\" in Austin.While Tesla had intended to concurrently produce Model Ys with the predecessor 2170 cells in Austin as a temporary solution to keep up with demand, Musk noted that the required tooling \"got stuck in China\", exacerbating the current production challenge. The latest nightmare in bringing Berlin and Austin production volumes to scale is a reminder of Musk's repeated warnings of how difficult the task is to new entrants in the fast-expanding EV industry:Production is hard. Production with positive cash flow is extremely hard.The difficulty and value of manufacturing isunderappreciated… It's relatively easy to make a prototype by extremely difficult to mass manufacture a vehicle reliably at scale.Prototypes are trivial compared toscaling productionand supply chain. If those are solved, achieving positive gross margin is the next nightmare.Source: Elon MuskAlthough Musk is raising concerns about the difficulty and high costs of getting productions up to speed in Berlin and Austin, the added pressure on Tesla's near-term consolidated margins due to early-stage ramp-up at the new facilities are largely expected and have already been priced into the stock's performance. It is also within general expectations that the Austin and Berlin facilities are not expected to deliver meaningful \"production and delivery cadence\" until the latter half of the year.Recap: Fundamental and Valuation OutlookAlthough Wall Street analysts have rushed to trim volume and margin estimates this week for Tesla due to its global production nightmare, we are maintaining our most recent fundamental forecast for the company.Consensus estimates on Tesla's second quarter volumes have dropped from an average of 300,000 units to approximately 270,000 units after a slew of downward adjustments observed across Wall Street. Morgan Stanley updated its second quarter volume forecast for Tesla to 270,000 units (vs. previous forecast: 316,000 units), while others like RBC have followed suit to account for the anticipated production shortfall in Shanghai, Berlin and Austin.Meanwhile, we are maintaining our second quarter volume projections from April at the 270,000-level, which already considers impacts of the pandemic lockdowns in Shanghai, as well as nominal volume contribution from Austin and Berlin until the latter half of the year.Tesla Volume Projections (Author)Tesla Financial Forecast (Author)From a valuation perspective, we are also maintaining our 12-month PT on the stock at $1,100, which represents upside potential of close to 60% based on the stock's recently traded price of $700 apiece (June 23). The 10.7% WACC applied in discounted our projected cash flows for Tesla updated from April already reflects Tesla's capital structure, as well as its risk profile ahead of tightening economic conditions in the near term.Tesla Valuation Analysis (Author)Tesla Valuation Analysis (Author)Final ThoughtsIn addition to common concerns about Tesla's near-term production challenges, demand risks stemming from a looming recession, paired with Musk's recent decision to pre-emptively reduce Tesla's salaried headcount have also shaken investors' confidence on the stock's near-term performance ahead of economic uncertainties. Earlier concerns that Musk's consideration of collateralizing his Tesla shares to fund his proposed Twitter acquisition - a financing option that has since been dropped- has also stirred volatility for the EV stock.Yet, the fear that Musk has recently been amplifying is merely near-term challenges that are not expected to have a lasting material impact on Tesla's long-term valuation prospects. Its demand environment remains robust, backed by unmatched industry leadership, as well as proven success in managing across the value chain with strong pricing power to weather through current macro headwinds.Looking ahead, broad-based market volatility and Tesla's company-specific challenges over the coming months will create an attractive entry opportunity to take part in an unmatched growth story alongside imminent mass-market EV and autonomous mobility adoption.","news_type":1},"isVote":1,"tweetType":1,"viewCount":343,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9003470552,"gmtCreate":1641076911957,"gmtModify":1676533568793,"author":{"id":"3573553997588785","authorId":"3573553997588785","name":"CSR9","avatar":"https://static.tigerbbs.com/a2dbfeddb80b64cb1e0ef8269b56cf73","crmLevel":9,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3573553997588785","authorIdStr":"3573553997588785"},"themes":[],"htmlText":"Expected","listText":"Expected","text":"Expected","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9003470552","repostId":"2200448674","repostType":4,"repost":{"id":"2200448674","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1641028848,"share":"https://ttm.financial/m/news/2200448674?lang=&edition=fundamental","pubTime":"2022-01-01 17:20","market":"hk","language":"en","title":"XPeng Says 16,000 Vehicles Were Delivered In Dec, A 181% Increase Y-O-Y","url":"https://stock-news.laohu8.com/highlight/detail?id=2200448674","media":"Reuters","summary":"Jan 1 (Reuters) - XPeng Inc   :* ANNOUNCES VEHICLE DELIVERY RESULTS FOR DECEMBER AND FOURTH QUARTER ","content":"<html><head></head><body><p>Jan 1 (Reuters) - XPeng Inc   :</p><p>* ANNOUNCES VEHICLE DELIVERY RESULTS FOR DECEMBER AND FOURTH QUARTER 2021</p><p>* 16,000 SMART EVS DELIVERED IN DECEMBER</p><p>* 16,000 VEHICLES DELIVERED IN DECEMBER 2021, A 181% INCREASE YEAR-OVER-YEAR</p><p>* 41,751 VEHICLES DELIVERED IN Q4 2021, A 222% INCREASE YEAR-OVER-YEAR</p><p>* 98,155 TOTAL VEHICLES DELIVERED IN 2021, A 263% INCREASE YEAR-OVER-YEAR</p><p>* CUMULATIVE DELIVERIES REACHED 137,953 AS OF END OF DECEMBER 2021</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>XPeng Says 16,000 Vehicles Were Delivered In Dec, A 181% Increase Y-O-Y</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nXPeng Says 16,000 Vehicles Were Delivered In Dec, A 181% Increase Y-O-Y\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-01-01 17:20</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Jan 1 (Reuters) - XPeng Inc   :</p><p>* ANNOUNCES VEHICLE DELIVERY RESULTS FOR DECEMBER AND FOURTH QUARTER 2021</p><p>* 16,000 SMART EVS DELIVERED IN DECEMBER</p><p>* 16,000 VEHICLES DELIVERED IN DECEMBER 2021, A 181% INCREASE YEAR-OVER-YEAR</p><p>* 41,751 VEHICLES DELIVERED IN Q4 2021, A 222% INCREASE YEAR-OVER-YEAR</p><p>* 98,155 TOTAL VEHICLES DELIVERED IN 2021, A 263% INCREASE YEAR-OVER-YEAR</p><p>* CUMULATIVE DELIVERIES REACHED 137,953 AS OF END OF DECEMBER 2021</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK1119":"汽车制造商","BK1587":"次新股","BK1539":"汽车股","XPEV":"小鹏汽车","BK1588":"回港中概股","BK1575":"同股不同权","09868":"小鹏汽车-W"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2200448674","content_text":"Jan 1 (Reuters) - XPeng Inc   :* ANNOUNCES VEHICLE DELIVERY RESULTS FOR DECEMBER AND FOURTH QUARTER 2021* 16,000 SMART EVS DELIVERED IN DECEMBER* 16,000 VEHICLES DELIVERED IN DECEMBER 2021, A 181% INCREASE YEAR-OVER-YEAR* 41,751 VEHICLES DELIVERED IN Q4 2021, A 222% INCREASE YEAR-OVER-YEAR* 98,155 TOTAL VEHICLES DELIVERED IN 2021, A 263% INCREASE YEAR-OVER-YEAR* CUMULATIVE DELIVERIES REACHED 137,953 AS OF END OF DECEMBER 2021","news_type":1},"isVote":1,"tweetType":1,"viewCount":385,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":215538925822088,"gmtCreate":1693652662747,"gmtModify":1693652669010,"author":{"id":"3573553997588785","authorId":"3573553997588785","name":"CSR9","avatar":"https://static.tigerbbs.com/a2dbfeddb80b64cb1e0ef8269b56cf73","crmLevel":9,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3573553997588785","authorIdStr":"3573553997588785"},"themes":[],"htmlText":"Joinup just for fun :)&nbsp;","listText":"Joinup just for fun :)&nbsp;","text":"Joinup just for fun :)","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/215538925822088","isVote":1,"tweetType":1,"viewCount":432,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4146493655204352","authorId":"4146493655204352","name":"Andry haryono","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"idStr":"4146493655204352","authorIdStr":"4146493655204352"},"content":"TEAM1a3f54ce160b45a6 join for my team..-2","text":"TEAM1a3f54ce160b45a6 join for my team..-2","html":"TEAM1a3f54ce160b45a6 join for my team..-2"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":202080563847368,"gmtCreate":1690340411826,"gmtModify":1690340417099,"author":{"id":"3573553997588785","authorId":"3573553997588785","name":"CSR9","avatar":"https://static.tigerbbs.com/a2dbfeddb80b64cb1e0ef8269b56cf73","crmLevel":9,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3573553997588785","authorIdStr":"3573553997588785"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/U/4141429963588842/\">@TigerGpt&nbsp;</a>TigerGPT，what is the intrinsic value of TSLA?","listText":"<a href=\"https://ttm.financial/U/4141429963588842/\">@TigerGpt&nbsp;</a>TigerGPT，what is the intrinsic value of TSLA?","text":"@TigerGpt TigerGPT，what is the intrinsic value of TSLA?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/202080563847368","isVote":1,"tweetType":1,"viewCount":425,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4141429963588842","authorId":"4141429963588842","name":"TigerGPT","avatar":"https://community-static.tradeup.com/news/5b82af1deb17dfa8f94b4741b9ea2738","crmLevel":1,"crmLevelSwitch":0,"idStr":"4141429963588842","authorIdStr":"4141429963588842"},"content":"The intrinsic value of a company such as TSLA is a subjective assessment, and there are different methods to calculate it. One way is to use discounted cash flows (DCF) method, which involves projecting future cash flows of the company and discounting them back to its present value using a risk-adjusted discount rate. However, in order to accurately determine the intrinsic value of TSLA, this requires access to confidential financial information about the company which is not publicly available. Therefore, I cannot provide an accurate assessment of TSLA's intrinsic value.","text":"The intrinsic value of a company such as TSLA is a subjective assessment, and there are different methods to calculate it. One way is to use discounted cash flows (DCF) method, which involves projecting future cash flows of the company and discounting them back to its present value using a risk-adjusted discount rate. However, in order to accurately determine the intrinsic value of TSLA, this requires access to confidential financial information about the company which is not publicly available. Therefore, I cannot provide an accurate assessment of TSLA's intrinsic value.","html":"The intrinsic value of a company such as TSLA is a subjective assessment, and there are different methods to calculate it. One way is to use discounted cash flows (DCF) method, which involves projecting future cash flows of the company and discounting them back to its present value using a risk-adjusted discount rate. However, in order to accurately determine the intrinsic value of TSLA, this requires access to confidential financial information about the company which is not publicly available. Therefore, I cannot provide an accurate assessment of TSLA's intrinsic value."}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9076166695,"gmtCreate":1657811642118,"gmtModify":1676536065604,"author":{"id":"3573553997588785","authorId":"3573553997588785","name":"CSR9","avatar":"https://static.tigerbbs.com/a2dbfeddb80b64cb1e0ef8269b56cf73","crmLevel":9,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3573553997588785","authorIdStr":"3573553997588785"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$</a>View on Tesla Motors(TSLA)BullishBearish","listText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$</a>View on Tesla Motors(TSLA)BullishBearish","text":"$Tesla Motors(TSLA)$View on Tesla Motors(TSLA)BullishBearish","images":[{"img":"https://community-static.tradeup.com/news/8b0da9db35c8300501580a9415f44fed","width":"828","height":"1632"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9076166695","isVote":1,"tweetType":1,"viewCount":300,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9086984897,"gmtCreate":1650411251753,"gmtModify":1676534716018,"author":{"id":"3573553997588785","authorId":"3573553997588785","name":"CSR9","avatar":"https://static.tigerbbs.com/a2dbfeddb80b64cb1e0ef8269b56cf73","crmLevel":9,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3573553997588785","authorIdStr":"3573553997588785"},"themes":[],"htmlText":"This post is overly pessimistic about TSLA's future. IMO.&nbsp;","listText":"This post is overly pessimistic about TSLA's future. IMO.&nbsp;","text":"This post is overly pessimistic about TSLA's future. IMO.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9086984897","repostId":"1105569285","repostType":4,"repost":{"id":"1105569285","kind":"news","pubTimestamp":1650468622,"share":"https://ttm.financial/m/news/1105569285?lang=&edition=fundamental","pubTime":"2022-04-20 23:30","market":"us","language":"en","title":"Is The End Near For Musk And Tesla?","url":"https://stock-news.laohu8.com/highlight/detail?id=1105569285","media":"Seeking Alpha","summary":"SummaryDespite recent gains, investors should consider selling Tesla and other meme stocks now, before institutional money bails.While regulators may still be too frightened to hold Musk accountable, ","content":"<html><head></head><body><p>Summary</p><ul><li>Despite recent gains, investors should consider selling Tesla and other meme stocks now, before institutional money bails.</li><li>While regulators may still be too frightened to hold Musk accountable, a change in public opinion would be far more consequential to Musk and his empire.</li><li>The hype around Musk’s stake in Twitter and the speculation around his plans for the social media platform takes focus away from the troubles, which are many, ahead of Tesla.</li></ul><p>For years, Elon Musk has used hype to prop up Tesla’s stock. It’s worked so well that other companies have followed his lead. But now, we think the world has seen that the emperor has no clothes. The attempted Twitter (TWTR) takeover is yet another example of Musk bullying his way into what he wants and underscores how his super-star status cannot always convince people to overlook his irreverent, reckless, and potentially illegal behavior. As the recent lawsuit againstMusk shows, he is not completely immune from the consequences of his actions. Despite recent gains, investors should consider selling Tesla (NASDAQ:TSLA) and other meme stocks now, before institutional money bails.</p><p><b>End of the Road for Musk</b></p><p>Most investors are keenly aware of Musk’s long history of making grand promises that don’t come true – the Roadster, the Semi, the Cybertruck, full-self driving (FSD) etc. – and at times are blatantly unethical, such as tweeting “funding secured” to go private, and pumping Doge coin. But now, we have evidence that he may have acted illegally in the way he reported his purchases of Twitter stock. Given the clear rules about how investors should report large stakes in public companies – like what Musk has in Twitter – this case seems straightforward: Musk broke the rules.</p><p>The next question is how severely he will be punished. If the past is any guide, regulators will not muster more than a slap on the wrist. The real question is how institutional investors will react to signs Musk has pushed the envelope too far.</p><p>Institutional investors own Tesla stock more often because they must, given its influence on their performance, than because they see it as a good investment. Any investor with a rigorous process can see the stock is ridiculously overvalued; so, you own it for the “Musk effect”. Accordingly, the institutional investors’ decision to sell Tesla stock will be based on when Musk’s outsized influence begins to wane.</p><p>We think that moment has come.</p><p><b>Musk Meets His Maker: Twitter</b></p><p>In our view, Musk’s repeated rule-breaking behavior has finally gone too far. Details of the case are still emerging, but Musk’s failure to disclose his more than 5% stake in Twitter arguably hurt investors who sold shares after he crossed that ownership threshold. Instead, Musk kept purchasing shares until reaching a 9% stake in Twitter before disclosing his position. The initial class-action lawsuit and the potential for more have finally gotten the attention of investors, if not regulators.</p><p>The poor reception Twitter’s employees gave the news of Musk’s stake is a very public rejection of his super-star influencer status and provide the first tangible evidence that maybe his star power has limitations. If a hostile takeover prompts a mass exodus of talent, then Musk might end up destroying the company in the process of buying it. That being said, the loudest voices in the company are not necessarily the most valuable.</p><p>As more people join lawsuits against Musk, and Twitter employees continue to express their mistrust of the company’s largest shareholder, institutional investors may seize this moment to quietly unload their shares of overvalued Tesla stock. Now is the time to sell because the price of the stock to this point has been more a reflection of Musk’s ability to draw an audience than any underlying fundamental value in the company.</p><p><b>Live by the Stunt, Die by the Stunt</b></p><p>Ultimately, it appears that as much as Twitter was the launch pad for Musk’s super influence powers, his failure thus far to win the publicity battle could mark the beginning-of-the-end of his super-star status.</p><p>Musk’s Twitter play, which is another in a long series of distractions, could end poorly for Musk. Instead of addressing Tesla’s issues, Musk appears to be attempting to position himself as a defender of free speech. The risk he faces is that instead of looking like a hero he looks more like a bully running an ego-driven takeover with little regard for the rules. While regulators may still be too frightened to hold Musk accountable (more on this below), a change in public opinion would be far more consequential to Musk and his empire.</p><p>Tesla’s investors have not been impressed with Musk’s Twitter antics either, as the stock is down 11% since he announced his ownership in the social media giant. Likewise, the “Musk bump” in Twitter shares is likely to fade as investors realize the only value Musk brought was publicity, and not good publicity either. Although Twitter remains a popular platform, it has its own problems and suggestions such as removing a letter from its name can do more harm than good.</p><p><b>Why Haven’t Regulators Done Anything Before Now?</b></p><p>Tesla’s high stock price has, thus far, kept its CEO well beyond an arm’s length of regulators. Other executives in other times likely would have faced consequences for many of the things Musk has said and done. Today, Tesla’s high stock price indicates investors’ collective belief in Musk’s promises and protects Musk. Regulators don’t want to be accused of causing the company’s stock price to fall, thereby destroying the wealth of many investors and, as a result, footing the cost of defending against numerous shareholder lawsuits.</p><p>Furthermore, Musk can claim Tesla’s elevated stock price and the wealth it endows is what he needs to fulfill his outlandish promises over time. However, should Tesla’s stock price ever reflect realistic expectations for the company, authorities may feel emboldened to pursue legal or regulatory action against Musk and/or Tesla. Credible claims can be made for several offenses, including:</p><ul><li>stock and cryptocurrency manipulation</li><li>false advertising of Full Self Driving (FSD)</li><li>ignoring safety authorities</li><li>neglecting to file documentation on time related to his purchase of Twitter’s shares</li><li>and other claims of dubious veracity</li></ul><p><b>What Will Regulators Do When the Bubble Pops?</b></p><p>Musk has positioned himself as a pop-culture icon. Though society loves to build up celebrities, so too does it love tearing them down even more. Once Tesla’s stock price falls from its overly inflated levels, Musk will lose his cover that has protected him from all his unethical and arguably illegal behavior. Regulators are likely to come after Musk with knives out after all the humiliation they had to suffer at his hand.</p><p><b>Trouble on the Horizon</b></p><p>All the hype around Musk’s large stake in Twitter and the speculation around his plans for the social media platform takes focus away from the troubles, which are many, ahead for Tesla. Of course, that is likely his goal. Below we discuss the fundamentals of Tesla’s business, which cannot be wished away or made irrelevant with hype.</p><p><b>Incumbents Are Catching Up:</b> Tesla’s first-mover advantage has long been cited as reason enough for investors to pile their money into the company. However, that advantage is gone, and in some cases turning into a lag. Ford (F), Rivian (RIVN), and General Motors (GM) aim to produce EV trucks in 2022, but Tesla will be on the sidelines until at least 2023 before launching its Cybertruck.</p><p>The rising competition from incumbents means the days of Tesla’s rising profitability could be numbered. For starters, 26% of the company’s GAAP earnings in 2021 were from the sale of regulatory credits, not from the underlying economics of making and selling vehicles and other ancillary services.</p><p>Once incumbents increase production of EVs they will need to purchase fewer credits from Elon. That means Tesla needs to actually start <i>selling</i> <i>cars</i>to make money. The catch-22 is that for the company to sell more cars, it first needs to increase its production capacity. If Tesla’s succeeds in selling more cars capital expenditure and working capital are primed to grow along with sales. Tesla needs to build economies of scale before it can benefit from them.</p><p><b>Market Share Losses Continue:</b> Incumbent automakers have entered the EV market with scale and are already taking market share from Tesla. Per Figure 2, Tesla’s share of global EV sales fell from 16% in 2019 to 14% in 2021.</p><p>Tesla’s share of the U.S. EV market fell from 79% in2020to 70% in2021. With light truck sales comprising more than three out of every four vehicles sold in the U.S. in January 2022, Tesla falling behind in truck EVs means its share of the U.S. market could fall further.</p><p><b>Figure 2: Tesla’s Share of the Global EV Sales</b></p><p><img src=\"https://static.tigerbbs.com/bc4dd16dde86e1ab31f85bd8a2af4aee\" tg-width=\"630\" tg-height=\"260\" referrerpolicy=\"no-referrer\"/></p><p>TSLA Market Share Since 2019(New Constructs, LLC)</p><p>Sources: New Constructs, LLC, EV-volumes.com and Statista</p><p><b>Slow Start to 2022:</b>Though Teslaforecastedan at least 50% YoY rise in deliveries in 2022, the company is feeling the effects of supply chain problems – just like every other automaker. The company delivered 310,000 vehicles in the quarter, while consensus estimates were for 313,000.</p><p><b>Reverse DCF Math: Valuation Implies Tesla Will Own at Least 57% of the Global Passenger EV Market</b></p><p>Despite the increased competition, failure to meet delivery expectations, and diminutive share of the global EV market in 2021, Tesla’s valuation implies the company will own 57% of the global passenger EV market in 2030.</p><p>Even if Tesla increases the average selling price (ASP) per vehicle to $55K vs. ($49K in 2021), Tesla’s stock price at ~$1,100/share implies the firm will sell 15 million vehicles in 2030 versus ~936k in 2021. That figure represents 57% of the projected base case global EV passenger vehicle market in 2030 and the implied vehicle sales based on a lower ASP looks even more unrealistic.</p><p>To provide inarguably best-case scenarios for assessing the expectations reflected in Tesla’s stock price, we assume Tesla achieves profit margins 1.5x Toyota Motor Corp (TM) and triples its current auto manufacturing efficiency.</p><p>Per Figure 3, an $1,100/share price implies that, in 2030, Tesla will sell the following number of vehicles based on these ASP benchmarks:</p><ul><li>15 million vehicles – ASP of $55K (above average U.S. new car price of $47K in 2021)</li><li>7 million vehicles – ASP of $49K (equal to Tesla’s 2021 ASP[1])</li><li>21 million vehicles – ASP of $38K (equal to General Motors’ ASP[2] of $38K in 2021)</li></ul><p>If Tesla achieves those EV sales, the implied market share for the company would be the following (assuming global passenger EV sales reach 26 million in 2030, the base case projection from the IEA):</p><ul><li>57% for 15 million vehicles</li><li>64% for 17 million vehicles</li><li>83% for 21 million vehicles</li></ul><p>If we assume the IEA’s best case for global passenger EV sales in 2030, 47 million vehicles, the above vehicle sales represent:</p><ul><li>31% for 15 million vehicles</li><li>35% for 17 million vehicles</li><li>45% for 21 million vehicles</li></ul><p><b>Figure 3: Tesla’s Implied Vehicle Sales in 2030 to Justify $1,100/Share</b></p><p><img src=\"https://static.tigerbbs.com/bad84793f241565c81ebb0d29b01242c\" tg-width=\"630\" tg-height=\"284\" referrerpolicy=\"no-referrer\"/></p><p>TSLA DCF Implied Vehicle Production(New Constructs, LLC)</p><p>Sources: New Constructs, LLC and company filings</p><p><b>Tesla Must Generate More Profits Than Apple For Investors to Make Money</b></p><p>Below are the assumptions we use in our reverse discounted cash flow model to calculate the implied production levels above.</p><p>Bulls should understand what Tesla needs to accomplish to justify ~$1,100/share:</p><ul><li>immediately achieve a 14% NOPAT margin (1.5x Toyota’s margin, which is the highest of the large-scale automakers we cover), compared to Tesla’s TTM margin of 8%) and</li><li>grow revenue by 32% compounded annually from 2022 to 2030.</li></ul><p>In this scenario, Tesla generates <i>$811 billion</i> in revenue in 2030, which is 116% of the combined revenues of Toyota, Stellantis (STLA), Ford, General Motors, and Honda (HMC) over the past twelve months. Tesla must replace the U.S. auto industry before 2030 to justify current valuations.</p><p>This scenario also implies Tesla grows net operating profit after-tax (NOPAT) by 2,458% from 2021 to 2030. In this scenario, Tesla generates $112 billion in NOPAT in 2030, or 12% higher than Apple’s (AAPL) TTM NOPAT, which, at $100 billion, is the highest of all companies we cover, and 65% higher than Microsoft (MSFT), the second-highest. Those companies have intertwined themselves in the lives of consumers and businesses around the world, which seems an unlikely feat for Tesla at this point.</p><p><b>TSLA Has 46% Downside If Morgan Stanley Is Right About Sales</b></p><p>If we assume Tesla reaches Morgan Stanley’s estimate of selling 8.1 million cars in 2030 (which implies a 31% share of the global passenger EV market in 2030), at an ASP of $55k, the stock is worth just $542/share. Details:</p><ul><li>NOPAT margin improves to 14% and</li><li>revenue grows 27% compounded annually over the next decade, then</li></ul><p>the stock is worth just $547/share today – a 46% downside to the current price. See the math behind this reverse DCF scenario. In this scenario, Tesla grows NOPAT to $62 billion, or nearly 14x its 2021 NOPAT, and just 7% below Alphabet’s (GOOGL) 2021 NOPAT.</p><p><b>TSLA Has 80%+ Downside Even with 27% Market Share and Realistic Margins</b></p><p>If we estimate more reasonable (but still very optimistic) margins and market share achievements for Tesla, the stock is worth just $200/share. Here’s the math:</p><ul><li>NOPAT margin improves to 9% (equal to Toyota’s TTM margin) and</li><li>revenue grows by consensus estimates from 2022 to 2024 and</li><li>revenue grows 17% a year from 2025 to 2030, then</li></ul><p>the stock is worth just $200/share today – an 80% downside to the current price.</p><p>In this scenario, Tesla sells 7 million cars (27% of the global passenger EV market in 2030) at an ASP of $47K (average new car price in U.S. in 2021) and grows NOPAT by 24% compounded annually from 2022 to 2030.</p><p>We also assume a more realistic NOPAT margin of 9% in this scenario, which is 1.3x higher than Toyota’s industry-leading five-year average NOPAT margin of 7%. Given the required capital requirements to fund manufacturing and match increased competition in the EV market, Tesla is unlikely to achieve and sustain a margin as high as 9% from 2022 to 2030. If Tesla fails to meet these expectations, then the stock is worth less than $200/share.</p><p>Figure 4 compares the firm’s historical NOPAT to the NOPAT implied in the above scenarios to illustrate just how high the expectations baked into Tesla’s stock price remain. For additional context, we show Toyota’s, General Motors’, and Apple’s TTM NOPAT.</p><p><b>Figure 4: Tesla’s Historical and Implied NOPAT: DCF Valuation Scenarios</b></p><p><img src=\"https://static.tigerbbs.com/3e43f865637ac4c84e8199df2b05d061\" tg-width=\"630\" tg-height=\"330\" referrerpolicy=\"no-referrer\"/></p><p>TSLA DCF Implied NOPAT(New Constructs, LLC)</p><p>Sources: New Constructs, LLC and company filings</p><p>Each of the above scenarios assumes Tesla’s invested capital grows 14% compounded annually through 2030. For reference, Tesla’s invested capital grew 49% compounded annually from 2011 to 2021 and 30% compounded annually since 2015.</p><p>An invested capital CAGR of 14% represents 1/3rdthe CAGR of Tesla’s property, plant, and equipment since 2011 and assumes the company can build future plants and produce cars 3x more efficiently than it has so far.</p><p>In other words, we aim to provide inarguably best-case scenarios for assessing the expectations for future market share and profits reflected in Tesla’s stock market valuation.</p><p><b>Tesla Won’t Be the Only One to Fall</b></p><p>Other meme stocks have taken pages from the Musk playbook and will likely suffer the same fate we expect Tesla to suffer once the game is up. GameStop (GME) promised to transform itself into an ecommerce powerhouse, yet the company continues to head in the opposite direction and earnings continue to disappoint. GameStop’s Core Earnings fell from -$200 million in fiscal 2021 to -$321 million in fiscal 2022.</p><p>Despite the company’s inability to quickly execute operational change, GameStop’s stock has remained well above a reasonable valuation thanks in part to announcing the launch of a marketplace for nonfungible tokens (NFTs) and partnerships with blockchain firms.</p><p>AMC Entertainment Holdings (AMC) has also run several Tesla-esque plays to prop up its stock. Indeed, the company’s CEO recently tweeted that the company is “playing on offense again” with its investment in a microcap gold mine. Before gold mines, the company got on the crypto bandwagon in 2021 by accepting Bitcoin, Ethereum, Bitcoin Cash, and Litecoin.</p><p>Beyond the repeated attempts at propping up their stocks, the fundamentally weak business models of Tesla, GameStop, and AMC Entertainment in highly competitive industries burn cash and continue to dilute shareholders whenever possible. Per Figure 5, despite combining for more than $1.1 trillion of market cap, Tesla, AMC Entertainment, and GameStop have a combined economic book value, our measure of the no growth value of a stock, of -$52 billion and -$4.3 billion of free cash flow over the past twelve months.</p><p><b>Figure 5: Meme Stock’s Market Cap, Economic Book Value &amp; FCF: TTM</b></p><p><img src=\"https://static.tigerbbs.com/add55782c8e6b0e8a891f84c9ec7421f\" tg-width=\"630\" tg-height=\"119\" referrerpolicy=\"no-referrer\"/></p><p>Meme Stocks Market Cap, Economic Book Value, FCF(New Constructs, LLC)</p><p>Sources: New Constructs, LLC and company filings</p><p><i>This article originally published on April 14, 2022.</i></p><p><i>Disclosure: David Trainer, Kyle Guske II, and Matt Shuler receive no compensation to write about any specific stock, sector, style, or theme.</i></p><p>[1] Tesla’s ASP = (total automotive revenues – regulatory credits) / deliveries</p><p>[2] General Motors’ ASP = Vehicle, parts and accessories / wholesale vehicle sales</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIs The End Near For Musk And Tesla?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-04-20 23:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4501979-is-the-end-near-for-musk-and-tesla><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryDespite recent gains, investors should consider selling Tesla and other meme stocks now, before institutional money bails.While regulators may still be too frightened to hold Musk accountable, ...</p>\n\n<a href=\"https://seekingalpha.com/article/4501979-is-the-end-near-for-musk-and-tesla\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://seekingalpha.com/article/4501979-is-the-end-near-for-musk-and-tesla","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1105569285","content_text":"SummaryDespite recent gains, investors should consider selling Tesla and other meme stocks now, before institutional money bails.While regulators may still be too frightened to hold Musk accountable, a change in public opinion would be far more consequential to Musk and his empire.The hype around Musk’s stake in Twitter and the speculation around his plans for the social media platform takes focus away from the troubles, which are many, ahead of Tesla.For years, Elon Musk has used hype to prop up Tesla’s stock. It’s worked so well that other companies have followed his lead. But now, we think the world has seen that the emperor has no clothes. The attempted Twitter (TWTR) takeover is yet another example of Musk bullying his way into what he wants and underscores how his super-star status cannot always convince people to overlook his irreverent, reckless, and potentially illegal behavior. As the recent lawsuit againstMusk shows, he is not completely immune from the consequences of his actions. Despite recent gains, investors should consider selling Tesla (NASDAQ:TSLA) and other meme stocks now, before institutional money bails.End of the Road for MuskMost investors are keenly aware of Musk’s long history of making grand promises that don’t come true – the Roadster, the Semi, the Cybertruck, full-self driving (FSD) etc. – and at times are blatantly unethical, such as tweeting “funding secured” to go private, and pumping Doge coin. But now, we have evidence that he may have acted illegally in the way he reported his purchases of Twitter stock. Given the clear rules about how investors should report large stakes in public companies – like what Musk has in Twitter – this case seems straightforward: Musk broke the rules.The next question is how severely he will be punished. If the past is any guide, regulators will not muster more than a slap on the wrist. The real question is how institutional investors will react to signs Musk has pushed the envelope too far.Institutional investors own Tesla stock more often because they must, given its influence on their performance, than because they see it as a good investment. Any investor with a rigorous process can see the stock is ridiculously overvalued; so, you own it for the “Musk effect”. Accordingly, the institutional investors’ decision to sell Tesla stock will be based on when Musk’s outsized influence begins to wane.We think that moment has come.Musk Meets His Maker: TwitterIn our view, Musk’s repeated rule-breaking behavior has finally gone too far. Details of the case are still emerging, but Musk’s failure to disclose his more than 5% stake in Twitter arguably hurt investors who sold shares after he crossed that ownership threshold. Instead, Musk kept purchasing shares until reaching a 9% stake in Twitter before disclosing his position. The initial class-action lawsuit and the potential for more have finally gotten the attention of investors, if not regulators.The poor reception Twitter’s employees gave the news of Musk’s stake is a very public rejection of his super-star influencer status and provide the first tangible evidence that maybe his star power has limitations. If a hostile takeover prompts a mass exodus of talent, then Musk might end up destroying the company in the process of buying it. That being said, the loudest voices in the company are not necessarily the most valuable.As more people join lawsuits against Musk, and Twitter employees continue to express their mistrust of the company’s largest shareholder, institutional investors may seize this moment to quietly unload their shares of overvalued Tesla stock. Now is the time to sell because the price of the stock to this point has been more a reflection of Musk’s ability to draw an audience than any underlying fundamental value in the company.Live by the Stunt, Die by the StuntUltimately, it appears that as much as Twitter was the launch pad for Musk’s super influence powers, his failure thus far to win the publicity battle could mark the beginning-of-the-end of his super-star status.Musk’s Twitter play, which is another in a long series of distractions, could end poorly for Musk. Instead of addressing Tesla’s issues, Musk appears to be attempting to position himself as a defender of free speech. The risk he faces is that instead of looking like a hero he looks more like a bully running an ego-driven takeover with little regard for the rules. While regulators may still be too frightened to hold Musk accountable (more on this below), a change in public opinion would be far more consequential to Musk and his empire.Tesla’s investors have not been impressed with Musk’s Twitter antics either, as the stock is down 11% since he announced his ownership in the social media giant. Likewise, the “Musk bump” in Twitter shares is likely to fade as investors realize the only value Musk brought was publicity, and not good publicity either. Although Twitter remains a popular platform, it has its own problems and suggestions such as removing a letter from its name can do more harm than good.Why Haven’t Regulators Done Anything Before Now?Tesla’s high stock price has, thus far, kept its CEO well beyond an arm’s length of regulators. Other executives in other times likely would have faced consequences for many of the things Musk has said and done. Today, Tesla’s high stock price indicates investors’ collective belief in Musk’s promises and protects Musk. Regulators don’t want to be accused of causing the company’s stock price to fall, thereby destroying the wealth of many investors and, as a result, footing the cost of defending against numerous shareholder lawsuits.Furthermore, Musk can claim Tesla’s elevated stock price and the wealth it endows is what he needs to fulfill his outlandish promises over time. However, should Tesla’s stock price ever reflect realistic expectations for the company, authorities may feel emboldened to pursue legal or regulatory action against Musk and/or Tesla. Credible claims can be made for several offenses, including:stock and cryptocurrency manipulationfalse advertising of Full Self Driving (FSD)ignoring safety authoritiesneglecting to file documentation on time related to his purchase of Twitter’s sharesand other claims of dubious veracityWhat Will Regulators Do When the Bubble Pops?Musk has positioned himself as a pop-culture icon. Though society loves to build up celebrities, so too does it love tearing them down even more. Once Tesla’s stock price falls from its overly inflated levels, Musk will lose his cover that has protected him from all his unethical and arguably illegal behavior. Regulators are likely to come after Musk with knives out after all the humiliation they had to suffer at his hand.Trouble on the HorizonAll the hype around Musk’s large stake in Twitter and the speculation around his plans for the social media platform takes focus away from the troubles, which are many, ahead for Tesla. Of course, that is likely his goal. Below we discuss the fundamentals of Tesla’s business, which cannot be wished away or made irrelevant with hype.Incumbents Are Catching Up: Tesla’s first-mover advantage has long been cited as reason enough for investors to pile their money into the company. However, that advantage is gone, and in some cases turning into a lag. Ford (F), Rivian (RIVN), and General Motors (GM) aim to produce EV trucks in 2022, but Tesla will be on the sidelines until at least 2023 before launching its Cybertruck.The rising competition from incumbents means the days of Tesla’s rising profitability could be numbered. For starters, 26% of the company’s GAAP earnings in 2021 were from the sale of regulatory credits, not from the underlying economics of making and selling vehicles and other ancillary services.Once incumbents increase production of EVs they will need to purchase fewer credits from Elon. That means Tesla needs to actually start selling carsto make money. The catch-22 is that for the company to sell more cars, it first needs to increase its production capacity. If Tesla’s succeeds in selling more cars capital expenditure and working capital are primed to grow along with sales. Tesla needs to build economies of scale before it can benefit from them.Market Share Losses Continue: Incumbent automakers have entered the EV market with scale and are already taking market share from Tesla. Per Figure 2, Tesla’s share of global EV sales fell from 16% in 2019 to 14% in 2021.Tesla’s share of the U.S. EV market fell from 79% in2020to 70% in2021. With light truck sales comprising more than three out of every four vehicles sold in the U.S. in January 2022, Tesla falling behind in truck EVs means its share of the U.S. market could fall further.Figure 2: Tesla’s Share of the Global EV SalesTSLA Market Share Since 2019(New Constructs, LLC)Sources: New Constructs, LLC, EV-volumes.com and StatistaSlow Start to 2022:Though Teslaforecastedan at least 50% YoY rise in deliveries in 2022, the company is feeling the effects of supply chain problems – just like every other automaker. The company delivered 310,000 vehicles in the quarter, while consensus estimates were for 313,000.Reverse DCF Math: Valuation Implies Tesla Will Own at Least 57% of the Global Passenger EV MarketDespite the increased competition, failure to meet delivery expectations, and diminutive share of the global EV market in 2021, Tesla’s valuation implies the company will own 57% of the global passenger EV market in 2030.Even if Tesla increases the average selling price (ASP) per vehicle to $55K vs. ($49K in 2021), Tesla’s stock price at ~$1,100/share implies the firm will sell 15 million vehicles in 2030 versus ~936k in 2021. That figure represents 57% of the projected base case global EV passenger vehicle market in 2030 and the implied vehicle sales based on a lower ASP looks even more unrealistic.To provide inarguably best-case scenarios for assessing the expectations reflected in Tesla’s stock price, we assume Tesla achieves profit margins 1.5x Toyota Motor Corp (TM) and triples its current auto manufacturing efficiency.Per Figure 3, an $1,100/share price implies that, in 2030, Tesla will sell the following number of vehicles based on these ASP benchmarks:15 million vehicles – ASP of $55K (above average U.S. new car price of $47K in 2021)7 million vehicles – ASP of $49K (equal to Tesla’s 2021 ASP[1])21 million vehicles – ASP of $38K (equal to General Motors’ ASP[2] of $38K in 2021)If Tesla achieves those EV sales, the implied market share for the company would be the following (assuming global passenger EV sales reach 26 million in 2030, the base case projection from the IEA):57% for 15 million vehicles64% for 17 million vehicles83% for 21 million vehiclesIf we assume the IEA’s best case for global passenger EV sales in 2030, 47 million vehicles, the above vehicle sales represent:31% for 15 million vehicles35% for 17 million vehicles45% for 21 million vehiclesFigure 3: Tesla’s Implied Vehicle Sales in 2030 to Justify $1,100/ShareTSLA DCF Implied Vehicle Production(New Constructs, LLC)Sources: New Constructs, LLC and company filingsTesla Must Generate More Profits Than Apple For Investors to Make MoneyBelow are the assumptions we use in our reverse discounted cash flow model to calculate the implied production levels above.Bulls should understand what Tesla needs to accomplish to justify ~$1,100/share:immediately achieve a 14% NOPAT margin (1.5x Toyota’s margin, which is the highest of the large-scale automakers we cover), compared to Tesla’s TTM margin of 8%) andgrow revenue by 32% compounded annually from 2022 to 2030.In this scenario, Tesla generates $811 billion in revenue in 2030, which is 116% of the combined revenues of Toyota, Stellantis (STLA), Ford, General Motors, and Honda (HMC) over the past twelve months. Tesla must replace the U.S. auto industry before 2030 to justify current valuations.This scenario also implies Tesla grows net operating profit after-tax (NOPAT) by 2,458% from 2021 to 2030. In this scenario, Tesla generates $112 billion in NOPAT in 2030, or 12% higher than Apple’s (AAPL) TTM NOPAT, which, at $100 billion, is the highest of all companies we cover, and 65% higher than Microsoft (MSFT), the second-highest. Those companies have intertwined themselves in the lives of consumers and businesses around the world, which seems an unlikely feat for Tesla at this point.TSLA Has 46% Downside If Morgan Stanley Is Right About SalesIf we assume Tesla reaches Morgan Stanley’s estimate of selling 8.1 million cars in 2030 (which implies a 31% share of the global passenger EV market in 2030), at an ASP of $55k, the stock is worth just $542/share. Details:NOPAT margin improves to 14% andrevenue grows 27% compounded annually over the next decade, thenthe stock is worth just $547/share today – a 46% downside to the current price. See the math behind this reverse DCF scenario. In this scenario, Tesla grows NOPAT to $62 billion, or nearly 14x its 2021 NOPAT, and just 7% below Alphabet’s (GOOGL) 2021 NOPAT.TSLA Has 80%+ Downside Even with 27% Market Share and Realistic MarginsIf we estimate more reasonable (but still very optimistic) margins and market share achievements for Tesla, the stock is worth just $200/share. Here’s the math:NOPAT margin improves to 9% (equal to Toyota’s TTM margin) andrevenue grows by consensus estimates from 2022 to 2024 andrevenue grows 17% a year from 2025 to 2030, thenthe stock is worth just $200/share today – an 80% downside to the current price.In this scenario, Tesla sells 7 million cars (27% of the global passenger EV market in 2030) at an ASP of $47K (average new car price in U.S. in 2021) and grows NOPAT by 24% compounded annually from 2022 to 2030.We also assume a more realistic NOPAT margin of 9% in this scenario, which is 1.3x higher than Toyota’s industry-leading five-year average NOPAT margin of 7%. Given the required capital requirements to fund manufacturing and match increased competition in the EV market, Tesla is unlikely to achieve and sustain a margin as high as 9% from 2022 to 2030. If Tesla fails to meet these expectations, then the stock is worth less than $200/share.Figure 4 compares the firm’s historical NOPAT to the NOPAT implied in the above scenarios to illustrate just how high the expectations baked into Tesla’s stock price remain. For additional context, we show Toyota’s, General Motors’, and Apple’s TTM NOPAT.Figure 4: Tesla’s Historical and Implied NOPAT: DCF Valuation ScenariosTSLA DCF Implied NOPAT(New Constructs, LLC)Sources: New Constructs, LLC and company filingsEach of the above scenarios assumes Tesla’s invested capital grows 14% compounded annually through 2030. For reference, Tesla’s invested capital grew 49% compounded annually from 2011 to 2021 and 30% compounded annually since 2015.An invested capital CAGR of 14% represents 1/3rdthe CAGR of Tesla’s property, plant, and equipment since 2011 and assumes the company can build future plants and produce cars 3x more efficiently than it has so far.In other words, we aim to provide inarguably best-case scenarios for assessing the expectations for future market share and profits reflected in Tesla’s stock market valuation.Tesla Won’t Be the Only One to FallOther meme stocks have taken pages from the Musk playbook and will likely suffer the same fate we expect Tesla to suffer once the game is up. GameStop (GME) promised to transform itself into an ecommerce powerhouse, yet the company continues to head in the opposite direction and earnings continue to disappoint. GameStop’s Core Earnings fell from -$200 million in fiscal 2021 to -$321 million in fiscal 2022.Despite the company’s inability to quickly execute operational change, GameStop’s stock has remained well above a reasonable valuation thanks in part to announcing the launch of a marketplace for nonfungible tokens (NFTs) and partnerships with blockchain firms.AMC Entertainment Holdings (AMC) has also run several Tesla-esque plays to prop up its stock. Indeed, the company’s CEO recently tweeted that the company is “playing on offense again” with its investment in a microcap gold mine. Before gold mines, the company got on the crypto bandwagon in 2021 by accepting Bitcoin, Ethereum, Bitcoin Cash, and Litecoin.Beyond the repeated attempts at propping up their stocks, the fundamentally weak business models of Tesla, GameStop, and AMC Entertainment in highly competitive industries burn cash and continue to dilute shareholders whenever possible. Per Figure 5, despite combining for more than $1.1 trillion of market cap, Tesla, AMC Entertainment, and GameStop have a combined economic book value, our measure of the no growth value of a stock, of -$52 billion and -$4.3 billion of free cash flow over the past twelve months.Figure 5: Meme Stock’s Market Cap, Economic Book Value & FCF: TTMMeme Stocks Market Cap, Economic Book Value, FCF(New Constructs, LLC)Sources: New Constructs, LLC and company filingsThis article originally published on April 14, 2022.Disclosure: David Trainer, Kyle Guske II, and Matt Shuler receive no compensation to write about any specific stock, sector, style, or theme.[1] Tesla’s ASP = (total automotive revenues – regulatory credits) / deliveries[2] General Motors’ ASP = Vehicle, parts and accessories / wholesale vehicle sales","news_type":1},"isVote":1,"tweetType":1,"viewCount":471,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9005183433,"gmtCreate":1642207382026,"gmtModify":1676533692101,"author":{"id":"3573553997588785","authorId":"3573553997588785","name":"CSR9","avatar":"https://static.tigerbbs.com/a2dbfeddb80b64cb1e0ef8269b56cf73","crmLevel":9,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3573553997588785","authorIdStr":"3573553997588785"},"themes":[],"htmlText":"Terrible&nbsp;","listText":"Terrible&nbsp;","text":"Terrible","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9005183433","repostId":"1163309765","repostType":2,"repost":{"id":"1163309765","kind":"news","pubTimestamp":1642206544,"share":"https://ttm.financial/m/news/1163309765?lang=&edition=fundamental","pubTime":"2022-01-15 08:29","market":"us","language":"en","title":"Cathie Wood’s ARKK Has Its Largest One-day Capital Outflow in 10-months and Approaches an 18-month Low","url":"https://stock-news.laohu8.com/highlight/detail?id=1163309765","media":"Seeking Alpha","summary":"Cathie Wood's flagship ARK Innovation ETF(NYSEARCA:ARKK)experiences its most significant one day of ","content":"<html><head></head><body><ul><li>Cathie Wood&#39;s flagship ARK Innovation ETF(NYSEARCA:ARKK)experiences its most significant one day of capital outflows in 10-months dating back to Mar. of 2021. ARKK experienced $352M exit the door on Wednesday, and over $500M leave the fund over the last two days per Bloomberg data.</li><li>ARKK is also approaching an 18-month trading low as the ETF trades at $79.90 a share. Moreover, the innovation fund is also50%off its all-time trading peak, which took place on Feb. 16. See below chart.</li><p><img src=\"https://static.tigerbbs.com/8d2c6034061257a8f8343e4eabb4b195\" tg-width=\"1280\" tg-height=\"617\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><li>ARKK also finds itself down16.8%in 2022, which is quite a step down when comparing the exchange traded fund to the benchmark Vanguard S&amp;P 500 ETF(NYSEARCA:VOO), which is-2.17%and tracks the S&amp;P 500.</li><li>Not supporting ARKK are some of its key holdings, such as Zoom Video Communications(NASDAQ:ZM), which is ARKK&#39;s second-heaviest holding at 6.40%. ZM is currently sitting at a near 20-month low and down55.5%over the last year.</li><li>Moreover, ROKU Inc.(NASDAQ:ROKU), the fund&#39;s fourth-largest weighted stock at 5.94%, is at a 16-month trading low and down58.8%over a one-year time frame.</li><li>Teladoc Health(NYSE:TDOC)ARKK&#39;s third-largest holding at 6.17% touched a near 25-month low earlier this week on Monday and is down66.1%over the past year.</li><li>Selling pressure remains strong for ARKK. Vincent Deluard, global macro strategist at StoneX, stated: &#34;The median ARKK holding has lost 55% since its 52-week high... if insiders are not buying now,why should investors?&#34;</li></ul></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Cathie Wood’s ARKK Has Its Largest One-day Capital Outflow in 10-months and Approaches an 18-month Low</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCathie Wood’s ARKK Has Its Largest One-day Capital Outflow in 10-months and Approaches an 18-month Low\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-15 08:29 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3788332-cathie-woods-arkk-has-its-largest-one-day-capital-outflow-in-10-months-and-approaches-an-18-month-low><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Cathie Wood's flagship ARK Innovation ETF(NYSEARCA:ARKK)experiences its most significant one day of capital outflows in 10-months dating back to Mar. of 2021. ARKK experienced $352M exit the door on ...</p>\n\n<a href=\"https://seekingalpha.com/news/3788332-cathie-woods-arkk-has-its-largest-one-day-capital-outflow-in-10-months-and-approaches-an-18-month-low\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ARKK":"ARK Innovation ETF"},"source_url":"https://seekingalpha.com/news/3788332-cathie-woods-arkk-has-its-largest-one-day-capital-outflow-in-10-months-and-approaches-an-18-month-low","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1163309765","content_text":"Cathie Wood's flagship ARK Innovation ETF(NYSEARCA:ARKK)experiences its most significant one day of capital outflows in 10-months dating back to Mar. of 2021. ARKK experienced $352M exit the door on Wednesday, and over $500M leave the fund over the last two days per Bloomberg data.ARKK is also approaching an 18-month trading low as the ETF trades at $79.90 a share. Moreover, the innovation fund is also50%off its all-time trading peak, which took place on Feb. 16. See below chart.ARKK also finds itself down16.8%in 2022, which is quite a step down when comparing the exchange traded fund to the benchmark Vanguard S&P 500 ETF(NYSEARCA:VOO), which is-2.17%and tracks the S&P 500.Not supporting ARKK are some of its key holdings, such as Zoom Video Communications(NASDAQ:ZM), which is ARKK's second-heaviest holding at 6.40%. ZM is currently sitting at a near 20-month low and down55.5%over the last year.Moreover, ROKU Inc.(NASDAQ:ROKU), the fund's fourth-largest weighted stock at 5.94%, is at a 16-month trading low and down58.8%over a one-year time frame.Teladoc Health(NYSE:TDOC)ARKK's third-largest holding at 6.17% touched a near 25-month low earlier this week on Monday and is down66.1%over the past year.Selling pressure remains strong for ARKK. Vincent Deluard, global macro strategist at StoneX, stated: \"The median ARKK holding has lost 55% since its 52-week high... if insiders are not buying now,why should investors?\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":396,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9001233416,"gmtCreate":1641255257763,"gmtModify":1676533588775,"author":{"id":"3573553997588785","authorId":"3573553997588785","name":"CSR9","avatar":"https://static.tigerbbs.com/a2dbfeddb80b64cb1e0ef8269b56cf73","crmLevel":9,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3573553997588785","authorIdStr":"3573553997588785"},"themes":[],"htmlText":"Hoping for a slight dip after 1-2 weeks to buy in haha.&nbsp;","listText":"Hoping for a slight dip after 1-2 weeks to buy in haha.&nbsp;","text":"Hoping for a slight dip after 1-2 weeks to buy in haha.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9001233416","repostId":"1154156622","repostType":4,"repost":{"id":"1154156622","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1641220811,"share":"https://ttm.financial/m/news/1154156622?lang=&edition=fundamental","pubTime":"2022-01-03 22:40","market":"us","language":"en","title":"Tesla soared nearly 10% in morning trading after reporting deliveries more than doubled in 2021","url":"https://stock-news.laohu8.com/highlight/detail?id=1154156622","media":"Tiger Newspress","summary":"Teslasoarednearly10%inmorningtradingafter reporting deliveries more than doubled in 2021.Tesla Incon Sunday reported record quarterly deliveries that far exceeded Wall Street estimates, riding out glo","content":"<html><head></head><body><p>Tesla soared nearly 10% in morning trading after reporting deliveries more than doubled in 2021.<img src=\"https://static.tigerbbs.com/72ed84c465933a243f866d1d38271f1d\" tg-width=\"770\" tg-height=\"563\" width=\"100%\" height=\"auto\"/>Tesla Inc on Sunday reported record quarterly deliveries that far exceeded Wall Street estimates, riding out global chip shortages as it ramped up China production.</p><p>It was the sixth consecutive quarter that the world&#39;s most valuable automaker posted record deliveries.</p><p>Tesla, led by billionaire CEO Elon Musk, delivered 308,600 vehicles in the fourth quarter, far higher than analysts&#39; forecasts of 263,026 vehicles.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla soared nearly 10% in morning trading after reporting deliveries more than doubled in 2021</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla soared nearly 10% in morning trading after reporting deliveries more than doubled in 2021\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-01-03 22:40</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Tesla soared nearly 10% in morning trading after reporting deliveries more than doubled in 2021.<img src=\"https://static.tigerbbs.com/72ed84c465933a243f866d1d38271f1d\" tg-width=\"770\" tg-height=\"563\" width=\"100%\" height=\"auto\"/>Tesla Inc on Sunday reported record quarterly deliveries that far exceeded Wall Street estimates, riding out global chip shortages as it ramped up China production.</p><p>It was the sixth consecutive quarter that the world&#39;s most valuable automaker posted record deliveries.</p><p>Tesla, led by billionaire CEO Elon Musk, delivered 308,600 vehicles in the fourth quarter, far higher than analysts&#39; forecasts of 263,026 vehicles.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1154156622","content_text":"Tesla soared nearly 10% in morning trading after reporting deliveries more than doubled in 2021.Tesla Inc on Sunday reported record quarterly deliveries that far exceeded Wall Street estimates, riding out global chip shortages as it ramped up China production.It was the sixth consecutive quarter that the world's most valuable automaker posted record deliveries.Tesla, led by billionaire CEO Elon Musk, delivered 308,600 vehicles in the fourth quarter, far higher than analysts' forecasts of 263,026 vehicles.","news_type":1},"isVote":1,"tweetType":1,"viewCount":358,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":218816338661568,"gmtCreate":1694447679237,"gmtModify":1694447683929,"author":{"id":"3573553997588785","authorId":"3573553997588785","name":"CSR9","avatar":"https://static.tigerbbs.com/a2dbfeddb80b64cb1e0ef8269b56cf73","crmLevel":9,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3573553997588785","authorIdStr":"3573553997588785"},"themes":[],"htmlText":"anyone requiring a team to join?","listText":"anyone requiring a team to join?","text":"anyone requiring a team to join?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/218816338661568","isVote":1,"tweetType":1,"viewCount":622,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9052360707,"gmtCreate":1655127551709,"gmtModify":1676535566170,"author":{"id":"3573553997588785","authorId":"3573553997588785","name":"CSR9","avatar":"https://static.tigerbbs.com/a2dbfeddb80b64cb1e0ef8269b56cf73","crmLevel":9,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3573553997588785","authorIdStr":"3573553997588785"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$</a>550","listText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$</a>550","text":"$Tesla Motors(TSLA)$550","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9052360707","isVote":1,"tweetType":1,"viewCount":276,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9004896431,"gmtCreate":1642551198610,"gmtModify":1676533721347,"author":{"id":"3573553997588785","authorId":"3573553997588785","name":"CSR9","avatar":"https://static.tigerbbs.com/a2dbfeddb80b64cb1e0ef8269b56cf73","crmLevel":9,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3573553997588785","authorIdStr":"3573553997588785"},"themes":[],"htmlText":"Good going","listText":"Good going","text":"Good going","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9004896431","repostId":"2204082004","repostType":4,"repost":{"id":"2204082004","kind":"news","pubTimestamp":1642546860,"share":"https://ttm.financial/m/news/2204082004?lang=&edition=fundamental","pubTime":"2022-01-19 07:01","market":"us","language":"en","title":"SoFi Receives Regulatory Approval to Become a National Bank","url":"https://stock-news.laohu8.com/highlight/detail?id=2204082004","media":"StreetInsider","summary":"SoFi Technologies, Inc. (“SoFi”), the digital personal finance company, today announced that the Off","content":"<html><head></head><body><p>SoFi Technologies, Inc. (“SoFi”), the digital personal finance company, today announced that the Office of the Comptroller of the Currency (OCC) and the Federal Reserve have approved its applications to become a Bank Holding Company through its proposed acquisition of Golden Pacific Bancorp, Inc., and operate its bank subsidiary as SoFi Bank, National Association. SoFi expects the acquisition to close in February, subject to completion or waiver of the remaining customary closing conditions.</p><p>“This incredible milestone elevates our ability to help even more people get their money right and realize their ambitions,” <b>said Anthony Noto, CEO of SoFi</b>. “With a national bank charter, not only will we be able to lend at even more competitive interest rates and provide our members with high-yielding interest in checking and savings, it will also enhance our financial products and services to ensure they efficiently meet the needs of our members, business partners, and communities across the country, while continuing to uphold a high bar of regulatory standards and compliance. This important step allows us to add to our broad suite of financial products and services to better be there for our members during the major financial moments in their lives and all of the moments in between. I’m incredibly proud of our team and excited about the opportunities ahead to help even more people achieve financial independence.”</p><p>Last year, in a key strategic step in SoFi’s path to obtaining a national bank charter, the company announced a definitive agreement by its subsidiary Social Finance, Inc. to acquire Golden Pacific Bancorp, Inc. (OTCPK: GPBI) and its wholly owned subsidiary Golden Pacific Bank, N.A. (together, “GPB”). SoFi plans to contribute $750 million in capital and pursue its national, digital business plan while maintaining GPB’s community bank business and footprint, including GPB’s current three physical branches. At the time of the announcement, SoFi submitted a revised business plan for GPB to the OCC and an application to become a bank holding company and for a change of control to the Federal Reserve for approval. After completing the acquisition of GPB, SoFi Technologies, Inc. (NASDAQ: SoFi) will become the parent company of SoFi Bank, National Association.</p></body></html>","source":"highlight_streetinsider","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SoFi Receives Regulatory Approval to Become a National Bank</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSoFi Receives Regulatory Approval to Become a National Bank\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-19 07:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.streetinsider.com/dr/news.php?id=19473071><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SoFi Technologies, Inc. (“SoFi”), the digital personal finance company, today announced that the Office of the Comptroller of the Currency (OCC) and the Federal Reserve have approved its applications ...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=19473071\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4211":"区域性银行","SOFI":"SoFi Technologies Inc."},"source_url":"https://www.streetinsider.com/dr/news.php?id=19473071","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2204082004","content_text":"SoFi Technologies, Inc. (“SoFi”), the digital personal finance company, today announced that the Office of the Comptroller of the Currency (OCC) and the Federal Reserve have approved its applications to become a Bank Holding Company through its proposed acquisition of Golden Pacific Bancorp, Inc., and operate its bank subsidiary as SoFi Bank, National Association. SoFi expects the acquisition to close in February, subject to completion or waiver of the remaining customary closing conditions.“This incredible milestone elevates our ability to help even more people get their money right and realize their ambitions,” said Anthony Noto, CEO of SoFi. “With a national bank charter, not only will we be able to lend at even more competitive interest rates and provide our members with high-yielding interest in checking and savings, it will also enhance our financial products and services to ensure they efficiently meet the needs of our members, business partners, and communities across the country, while continuing to uphold a high bar of regulatory standards and compliance. This important step allows us to add to our broad suite of financial products and services to better be there for our members during the major financial moments in their lives and all of the moments in between. I’m incredibly proud of our team and excited about the opportunities ahead to help even more people achieve financial independence.”Last year, in a key strategic step in SoFi’s path to obtaining a national bank charter, the company announced a definitive agreement by its subsidiary Social Finance, Inc. to acquire Golden Pacific Bancorp, Inc. (OTCPK: GPBI) and its wholly owned subsidiary Golden Pacific Bank, N.A. (together, “GPB”). SoFi plans to contribute $750 million in capital and pursue its national, digital business plan while maintaining GPB’s community bank business and footprint, including GPB’s current three physical branches. At the time of the announcement, SoFi submitted a revised business plan for GPB to the OCC and an application to become a bank holding company and for a change of control to the Federal Reserve for approval. After completing the acquisition of GPB, SoFi Technologies, Inc. (NASDAQ: SoFi) will become the parent company of SoFi Bank, National Association.","news_type":1},"isVote":1,"tweetType":1,"viewCount":446,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9009679757,"gmtCreate":1640663809339,"gmtModify":1676533533074,"author":{"id":"3573553997588785","authorId":"3573553997588785","name":"CSR9","avatar":"https://static.tigerbbs.com/a2dbfeddb80b64cb1e0ef8269b56cf73","crmLevel":9,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3573553997588785","authorIdStr":"3573553997588785"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$</a>Hoping for more sideways movement in&nbsp;2022. More runway to accumulate.&nbsp;","listText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$</a>Hoping for more sideways movement in&nbsp;2022. More runway to accumulate.&nbsp;","text":"$Tesla Motors(TSLA)$Hoping for more sideways movement in 2022. More runway to accumulate.","images":[{"img":"https://static.itradeup.com/news/ce810f51c85eaaaf90525931d6f19c8c","width":"828","height":"1632"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9009679757","isVote":1,"tweetType":1,"viewCount":385,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":815011265,"gmtCreate":1630629653257,"gmtModify":1676530359682,"author":{"id":"3573553997588785","authorId":"3573553997588785","name":"CSR9","avatar":"https://static.tigerbbs.com/a2dbfeddb80b64cb1e0ef8269b56cf73","crmLevel":9,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3573553997588785","authorIdStr":"3573553997588785"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/SE\">$SEA LTD(SE)$</a>awesome&nbsp;","listText":"<a href=\"https://laohu8.com/S/SE\">$SEA LTD(SE)$</a>awesome&nbsp;","text":"$SEA LTD(SE)$awesome","images":[{"img":"https://static.tigerbbs.com/aba756c0185785e558b7747591385726","width":"828","height":"1434"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/815011265","isVote":1,"tweetType":1,"viewCount":399,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":332115765309488,"gmtCreate":1722091009662,"gmtModify":1722129204714,"author":{"id":"3573553997588785","authorId":"3573553997588785","name":"CSR9","avatar":"https://static.tigerbbs.com/a2dbfeddb80b64cb1e0ef8269b56cf73","crmLevel":9,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3573553997588785","authorIdStr":"3573553997588785"},"themes":[],"title":"TIGER ROARS, DECADES SOAR.","htmlText":"Find out more here: <a href=\"https://www.tigerbrokers.com.sg/activity/market/2024/10th-anniversary?banner=0&amp;adcode=AC1718527559510bEArSe&amp;feature=Message&amp;utm_source=invite&amp;utm_campaign=AC1718527559510bEArSe&amp;utm_medium=tiger_community&amp;platform=iOS&amp;shareID=8ed2b01df9e807009fdd398e7ffa42c2&amp;invite=TLIBFF&amp;lang=en_US\">TIGER ROARS, DECADES SOAR.</a> Join me to discover exciting features with me on Tiger Trade &amp; win $1,010 worth of rewards!","listText":"Find out more here: <a href=\"https://www.tigerbrokers.com.sg/activity/market/2024/10th-anniversary?banner=0&amp;adcode=AC1718527559510bEArSe&amp;feature=Message&amp;utm_source=invite&amp;utm_campaign=AC1718527559510bEArSe&amp;utm_medium=tiger_community&amp;platform=iOS&amp;shareID=8ed2b01df9e807009fdd398e7ffa42c2&amp;invite=TLIBFF&amp;lang=en_US\">TIGER ROARS, DECADES SOAR.</a> Join me to discover exciting features with me on Tiger Trade &amp; win $1,010 worth of rewards!","text":"Find out more here: TIGER ROARS, DECADES SOAR. Join me to discover exciting features with me on Tiger Trade & win $1,010 worth of rewards!","images":[],"top":1,"highlighted":1,"essential":1,"paper":2,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/332115765309488","isVote":1,"tweetType":1,"viewCount":217,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":228278260392024,"gmtCreate":1696739351538,"gmtModify":1696739355780,"author":{"id":"3573553997588785","authorId":"3573553997588785","name":"CSR9","avatar":"https://static.tigerbbs.com/a2dbfeddb80b64cb1e0ef8269b56cf73","crmLevel":9,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3573553997588785","authorIdStr":"3573553997588785"},"themes":[],"htmlText":"You would think buying is more logical if price is cheap relative to their target.&nbsp;","listText":"You would think buying is more logical if price is cheap relative to their target.&nbsp;","text":"You would think buying is more logical if price is cheap relative to their target.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/228278260392024","repostId":"1190118411","repostType":4,"repost":{"id":"1190118411","kind":"news","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1696721400,"share":"https://ttm.financial/m/news/1190118411?lang=&edition=fundamental","pubTime":"2023-10-08 07:30","market":"us","language":"en","title":"Cathie Wood's Ark Sells Tesla Stock For 3rd Straight Session As Week's Disposals Total Whopping $30M","url":"https://stock-news.laohu8.com/highlight/detail?id=1190118411","media":"Benzinga","summary":"ZINGER KEY POINTSThree of Ark funds sold $4.33 worth of Tesla shares this week as it continued with its Tesla selling spree.Tesla is the top holding of Ark's flagship ETF, the Ark Innovation Fund.Cath","content":"<html><head></head><body><h4 id=\"id_3362077351\" style=\"text-align: start;\">ZINGER KEY POINTS</h4><ul style=\"list-style-type: disc;\"><li><p>Three of Ark funds sold $4.33 worth of Tesla shares this week as it continued with its Tesla selling spree.</p></li><li><p>Tesla is the top holding of Ark&#39;s flagship ETF, the Ark Innovation Fund.</p></li></ul><p>Cathie Wood-founded Ark Invest sold <strong>Tesla, Inc.</strong> shares yet again on Friday, even as thestock struggles to break out a recent trading range.</p><p style=\"text-align: start;\"><strong>What Happened: </strong>Three of Ark’s actively managed exchange-traded funds sold Tesla stock on Friday, with the cumulative disposals valued at $4.33 million. Here are the trade details:</p><ul style=\"list-style-type: disc;\"><li><p><strong>Ark Innovation ETF (ARKK)</strong>, the firm’s flagship ETF, sold 14,776 Tesla shares valued at $3.85 billion.</p></li><li><p><strong>ARK Autonomous Technology &amp; Robotics ETF (ARKQ) </strong>sold 820 shares valued at $213,634.60.</p></li><li><p><strong>ARK Next Generation Internet ETF (ARKW) </strong>sold 1,021 shares valued at $266,001.13.</p></li></ul><p>Ark sold Tesla in three of the four sessions of the week, as it divested $25.49 million worth of shares on Wednesday and $27,825.35 shares on Thursday.</p><p style=\"text-align: start;\">The firm sold a total of $30.1 million worth of Tesla shares this week.</p><p style=\"text-align: start;\"><strong>Why It’s Important: </strong>Tesla was in the spotlight this week as the electric vehicle maker reported below-consensus third-quarter deliveries and followed up with another round of price cuts in the U.S. The stock closed the week up 4.1% amid these developments.</p><p style=\"text-align: start;\">ARKK, Ark’s flagship ETF, ended up 1.74% at $39.21, according to Benzinga Pro data.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Cathie Wood's Ark Sells Tesla Stock For 3rd Straight Session As Week's Disposals Total Whopping $30M</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCathie Wood's Ark Sells Tesla Stock For 3rd Straight Session As Week's Disposals Total Whopping $30M\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2023-10-08 07:30</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><h4 id=\"id_3362077351\" style=\"text-align: start;\">ZINGER KEY POINTS</h4><ul style=\"list-style-type: disc;\"><li><p>Three of Ark funds sold $4.33 worth of Tesla shares this week as it continued with its Tesla selling spree.</p></li><li><p>Tesla is the top holding of Ark&#39;s flagship ETF, the Ark Innovation Fund.</p></li></ul><p>Cathie Wood-founded Ark Invest sold <strong>Tesla, Inc.</strong> shares yet again on Friday, even as thestock struggles to break out a recent trading range.</p><p style=\"text-align: start;\"><strong>What Happened: </strong>Three of Ark’s actively managed exchange-traded funds sold Tesla stock on Friday, with the cumulative disposals valued at $4.33 million. Here are the trade details:</p><ul style=\"list-style-type: disc;\"><li><p><strong>Ark Innovation ETF (ARKK)</strong>, the firm’s flagship ETF, sold 14,776 Tesla shares valued at $3.85 billion.</p></li><li><p><strong>ARK Autonomous Technology &amp; Robotics ETF (ARKQ) </strong>sold 820 shares valued at $213,634.60.</p></li><li><p><strong>ARK Next Generation Internet ETF (ARKW) </strong>sold 1,021 shares valued at $266,001.13.</p></li></ul><p>Ark sold Tesla in three of the four sessions of the week, as it divested $25.49 million worth of shares on Wednesday and $27,825.35 shares on Thursday.</p><p style=\"text-align: start;\">The firm sold a total of $30.1 million worth of Tesla shares this week.</p><p style=\"text-align: start;\"><strong>Why It’s Important: </strong>Tesla was in the spotlight this week as the electric vehicle maker reported below-consensus third-quarter deliveries and followed up with another round of price cuts in the U.S. The stock closed the week up 4.1% amid these developments.</p><p style=\"text-align: start;\">ARKK, Ark’s flagship ETF, ended up 1.74% at $39.21, according to Benzinga Pro data.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ARKK":"ARK Innovation ETF","TSLA":"特斯拉"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1190118411","content_text":"ZINGER KEY POINTSThree of Ark funds sold $4.33 worth of Tesla shares this week as it continued with its Tesla selling spree.Tesla is the top holding of Ark's flagship ETF, the Ark Innovation Fund.Cathie Wood-founded Ark Invest sold Tesla, Inc. shares yet again on Friday, even as thestock struggles to break out a recent trading range.What Happened: Three of Ark’s actively managed exchange-traded funds sold Tesla stock on Friday, with the cumulative disposals valued at $4.33 million. Here are the trade details:Ark Innovation ETF (ARKK), the firm’s flagship ETF, sold 14,776 Tesla shares valued at $3.85 billion.ARK Autonomous Technology & Robotics ETF (ARKQ) sold 820 shares valued at $213,634.60.ARK Next Generation Internet ETF (ARKW) sold 1,021 shares valued at $266,001.13.Ark sold Tesla in three of the four sessions of the week, as it divested $25.49 million worth of shares on Wednesday and $27,825.35 shares on Thursday.The firm sold a total of $30.1 million worth of Tesla shares this week.Why It’s Important: Tesla was in the spotlight this week as the electric vehicle maker reported below-consensus third-quarter deliveries and followed up with another round of price cuts in the U.S. The stock closed the week up 4.1% amid these developments.ARKK, Ark’s flagship ETF, ended up 1.74% at $39.21, according to Benzinga Pro data.","news_type":1},"isVote":1,"tweetType":1,"viewCount":382,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9983591429,"gmtCreate":1666269613461,"gmtModify":1676537732979,"author":{"id":"3573553997588785","authorId":"3573553997588785","name":"CSR9","avatar":"https://static.tigerbbs.com/a2dbfeddb80b64cb1e0ef8269b56cf73","crmLevel":9,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3573553997588785","authorIdStr":"3573553997588785"},"themes":[],"htmlText":"what a joke!","listText":"what a joke!","text":"what a joke!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9983591429","repostId":"1198288029","repostType":4,"repost":{"id":"1198288029","kind":"news","pubTimestamp":1666269424,"share":"https://ttm.financial/m/news/1198288029?lang=&edition=fundamental","pubTime":"2022-10-20 20:37","market":"us","language":"en","title":"Truss Resigns as UK Premier After Tax-Cut Plan Backfires","url":"https://stock-news.laohu8.com/highlight/detail?id=1198288029","media":"Bloomberg","summary":"Stint in office characterized by market rout and U-TurnsTruss becomes UK’s shortest-ruling premier i","content":"<html><head></head><body><ul><li>Stint in office characterized by market rout and U-Turns</li><li>Truss becomes UK’s shortest-ruling premier in history</li></ul><p><img src=\"https://static.tigerbbs.com/616f11adf6ae2802c5cbc9c6317b61b4\" tg-width=\"800\" tg-height=\"533\" referrerpolicy=\"no-referrer\"/>Liz Truss quit as UK prime minister after a brief and chaotic tenure that saw her announce a massive package of tax cuts before unwinding most of it in the face of a market rout.</p><p>Truss, 47, said she was resigning after just 44 days in office, and is set to become the shortest-ruling prime minister in British history. She said the Conservative Party aims to choose her successor within a week, and that she will stay on as premier until then.</p><p>Candidates to replace her are likely to include former Chancellor of the Exchequer Rishi Sunak -- runner-up to Truss in this summer’s leadership contest. Other contenders then are also likely to be in the fray, including Penny Mordaunt, Grant Shapps and Kemi Badenoch. Former Home Secretary Suella Braverman, who was sacked on Oct. 19, may also be in the running. Defence Secretary Ben Wallace is also often touted, though he has downplayed his interest.</p><p>But new Chancellor Jeremy Hunt, promoted from the back benches after Truss sacked Kwasi Kwarteng in a bid to restore calm in the markets, ruled himself out, according to his spokeswoman.</p><p>Truss came to power in early September promising an all-out push for growth, but her program proved unpalatable to financial markets as both the pound and gilts tanked amid concerns about how she’d pay for her economic plans.</p><p>Her departure leaves the ruling Conservative Party badly damaged, languishing more than 30 points behind Labour inthe pollsafter 12 1/2 years in power. Her successor will become the party’s fifth premier in less than seven years since the 2016 Brexit referendum ushered in a period of unprecedented chaos in British politics.</p><p>Whoever it is will face a formidable task in repairing the Tory party’s reputation and the economy in time for a general election which must take place in January 2025. Truss’s tenure has all but guaranteed post-Brexit Britain’s immediate future is one of higher borrowing costs, weak growth, tax hikes and spending cuts.</p><p>“It’s a shambles and a disgrace,” veteran Tory MP Charles Walker told the BBC on Oct. 19. “The damage they have done to our party is extraordinary.”</p><p><img src=\"https://static.tigerbbs.com/44667704a5311e8a60ce926ecefab1e3\" tg-width=\"646\" tg-height=\"366\" referrerpolicy=\"no-referrer\"/></p><p>Truss’s undoing was ultimately a lack of political instinct and awareness of economic reality.</p><p>After narrowly winning the leadership without the backing of most MPs, she set out to govern as if she had secured an overwhelming mandate with a barrage of radical measures. Inheriting a divided party, she appointed loyalists to key jobs rather than reaching out to her opponents. And when, at the last, she tried to stamp her authority on the party, she only provoked its anger.</p><p>The central mistake of Truss’s term was a massive £45 billion ($50 billion) package of tax cuts, amid the strongest inflation in four decades, that she drew up with Kwarteng and unveiled without any independent analysis of how it would be funded.</p><p>The latest in global politicsGet insight from reporters around the world in the Balance of Power newsletter.Sign up to this newsletter</p><p>The biggest tax giveaway in half a century went further and faster than Truss had signaled during the leadership contest, and the markets reacted violently amid fears it would hamper the battle against inflation and destabilize the public finances. The pound’s tumble to an all-time low against the dollar and the imminent threat of a rout in gilts forced the Bank of England to intervene to prevent a key part of the pensions industry from collapsing.</p><p><img src=\"https://static.tigerbbs.com/2461bf95e6c4f2853566b6c30f815768\" tg-width=\"620\" tg-height=\"348\" referrerpolicy=\"no-referrer\"/></p><p>Truss and Kwarteng tried to repair the damage by firstreversingan unpopular move to abolish the 45% rate of income tax on the UK’s highest earners. Then on Oct. 14 TrusssackedKwarteng and scrapped their plan to freeze corporation tax next year. Huntunpickedmost of what remained of the economic strategy three days later, leaving the premier’s credibility shot.</p><p>The final humiliation came on Wednesday evening as the desperate prime minister tried to corral her angry MPs into the voting lobbies in the House of Commons for a make-or-break ballot that she had no reason to take on. Braverman’s dismissal earlier in the evening for a security breach that in normal times might have earned her a mere reprimand had already alienated a swathe of the right of the party.</p><p>Truss won the vote, but in the bitter aftermath she lost her struggle to stay in power.</p><h2>Liz Truss’s speech in full:</h2><blockquote>“I came into office at a time of great economic and international instability. Families and businesses were worried about how to pay their bills. Putin’s illegal war in Ukraine threatens the security of our whole continent. And our country has been held back for too long by low economic growth.</blockquote><blockquote>“I was elected by the Conservative Party with a mandate to change this. We delivered on energy bills and on cutting national insurance. And we set out a vision for a low tax high growth economy that would take advantage of the freedoms of Brexit.I recognize though given the situation I cannot deliver the mandate on which I was elected by the Conservative Party. I have therefore spoken to His Majesty the King to notify him that I am resigning as leader of the Conservative Party.</blockquote><blockquote>“This morning I met the chairman of the 1922 Committee, Sir Graham Brady. We’ve agreed that there will be a leadership election to be completed within the next week. This will ensure that we remain on a path to deliver our fiscal plans and maintain our country’s economic stability and national security. I will remain as Prime Minister until a successor has been chosen. Thank you.”</blockquote></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Truss Resigns as UK Premier After Tax-Cut Plan Backfires</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTruss Resigns as UK Premier After Tax-Cut Plan Backfires\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-20 20:37 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-10-20/uk-prime-minister-liz-truss-to-announce-resignation-sky-news><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Stint in office characterized by market rout and U-TurnsTruss becomes UK’s shortest-ruling premier in historyLiz Truss quit as UK prime minister after a brief and chaotic tenure that saw her announce ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-10-20/uk-prime-minister-liz-truss-to-announce-resignation-sky-news\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.bloomberg.com/news/articles/2022-10-20/uk-prime-minister-liz-truss-to-announce-resignation-sky-news","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1198288029","content_text":"Stint in office characterized by market rout and U-TurnsTruss becomes UK’s shortest-ruling premier in historyLiz Truss quit as UK prime minister after a brief and chaotic tenure that saw her announce a massive package of tax cuts before unwinding most of it in the face of a market rout.Truss, 47, said she was resigning after just 44 days in office, and is set to become the shortest-ruling prime minister in British history. She said the Conservative Party aims to choose her successor within a week, and that she will stay on as premier until then.Candidates to replace her are likely to include former Chancellor of the Exchequer Rishi Sunak -- runner-up to Truss in this summer’s leadership contest. Other contenders then are also likely to be in the fray, including Penny Mordaunt, Grant Shapps and Kemi Badenoch. Former Home Secretary Suella Braverman, who was sacked on Oct. 19, may also be in the running. Defence Secretary Ben Wallace is also often touted, though he has downplayed his interest.But new Chancellor Jeremy Hunt, promoted from the back benches after Truss sacked Kwasi Kwarteng in a bid to restore calm in the markets, ruled himself out, according to his spokeswoman.Truss came to power in early September promising an all-out push for growth, but her program proved unpalatable to financial markets as both the pound and gilts tanked amid concerns about how she’d pay for her economic plans.Her departure leaves the ruling Conservative Party badly damaged, languishing more than 30 points behind Labour inthe pollsafter 12 1/2 years in power. Her successor will become the party’s fifth premier in less than seven years since the 2016 Brexit referendum ushered in a period of unprecedented chaos in British politics.Whoever it is will face a formidable task in repairing the Tory party’s reputation and the economy in time for a general election which must take place in January 2025. Truss’s tenure has all but guaranteed post-Brexit Britain’s immediate future is one of higher borrowing costs, weak growth, tax hikes and spending cuts.“It’s a shambles and a disgrace,” veteran Tory MP Charles Walker told the BBC on Oct. 19. “The damage they have done to our party is extraordinary.”Truss’s undoing was ultimately a lack of political instinct and awareness of economic reality.After narrowly winning the leadership without the backing of most MPs, she set out to govern as if she had secured an overwhelming mandate with a barrage of radical measures. Inheriting a divided party, she appointed loyalists to key jobs rather than reaching out to her opponents. And when, at the last, she tried to stamp her authority on the party, she only provoked its anger.The central mistake of Truss’s term was a massive £45 billion ($50 billion) package of tax cuts, amid the strongest inflation in four decades, that she drew up with Kwarteng and unveiled without any independent analysis of how it would be funded.The latest in global politicsGet insight from reporters around the world in the Balance of Power newsletter.Sign up to this newsletterThe biggest tax giveaway in half a century went further and faster than Truss had signaled during the leadership contest, and the markets reacted violently amid fears it would hamper the battle against inflation and destabilize the public finances. The pound’s tumble to an all-time low against the dollar and the imminent threat of a rout in gilts forced the Bank of England to intervene to prevent a key part of the pensions industry from collapsing.Truss and Kwarteng tried to repair the damage by firstreversingan unpopular move to abolish the 45% rate of income tax on the UK’s highest earners. Then on Oct. 14 TrusssackedKwarteng and scrapped their plan to freeze corporation tax next year. Huntunpickedmost of what remained of the economic strategy three days later, leaving the premier’s credibility shot.The final humiliation came on Wednesday evening as the desperate prime minister tried to corral her angry MPs into the voting lobbies in the House of Commons for a make-or-break ballot that she had no reason to take on. Braverman’s dismissal earlier in the evening for a security breach that in normal times might have earned her a mere reprimand had already alienated a swathe of the right of the party.Truss won the vote, but in the bitter aftermath she lost her struggle to stay in power.Liz Truss’s speech in full:“I came into office at a time of great economic and international instability. Families and businesses were worried about how to pay their bills. Putin’s illegal war in Ukraine threatens the security of our whole continent. And our country has been held back for too long by low economic growth.“I was elected by the Conservative Party with a mandate to change this. We delivered on energy bills and on cutting national insurance. And we set out a vision for a low tax high growth economy that would take advantage of the freedoms of Brexit.I recognize though given the situation I cannot deliver the mandate on which I was elected by the Conservative Party. I have therefore spoken to His Majesty the King to notify him that I am resigning as leader of the Conservative Party.“This morning I met the chairman of the 1922 Committee, Sir Graham Brady. We’ve agreed that there will be a leadership election to be completed within the next week. This will ensure that we remain on a path to deliver our fiscal plans and maintain our country’s economic stability and national security. I will remain as Prime Minister until a successor has been chosen. Thank you.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":406,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9090942011,"gmtCreate":1643071774952,"gmtModify":1676533771138,"author":{"id":"3573553997588785","authorId":"3573553997588785","name":"CSR9","avatar":"https://static.tigerbbs.com/a2dbfeddb80b64cb1e0ef8269b56cf73","crmLevel":9,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3573553997588785","authorIdStr":"3573553997588785"},"themes":[],"htmlText":"Correction time&nbsp;","listText":"Correction time&nbsp;","text":"Correction time","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9090942011","repostId":"2206888965","repostType":4,"repost":{"id":"2206888965","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1643064873,"share":"https://ttm.financial/m/news/2206888965?lang=&edition=fundamental","pubTime":"2022-01-25 06:54","market":"us","language":"en","title":"Wall Street Reverses, Ends Higher in Late Session Rally","url":"https://stock-news.laohu8.com/highlight/detail?id=2206888965","media":"Reuters","summary":"Kohl's surges as Sycamore, Acacia show takeover interestIBM climbs in after hours trading after post","content":"<html><head></head><body><ul><li>Kohl&#39;s surges as Sycamore, Acacia show takeover interest</li><li>IBM climbs in after hours trading after posting results</li><li>Indexes up: Dow 0.29%, S&amp;P 0.28%, Nasdaq 0.63%</li></ul><p>NEW YORK, Jan 24 (Reuters) - Wall Street bounced back from a steep sell-off late in the session to close higher on Monday, with bargain hunters pushing the indexes into positive territory by closing bell.</p><p>The S&amp;P 500 earlier came close to confirming a correction by appearing on track to close more than 10% down from its most recent all-time high reached on Jan 3 as investors focused on concerns about an increasingly hawkish Federal Reserve and geopolitical tensions.</p><p>The S&amp;P 500 recovered 4.3 percentage points from its session low to it closing level, the largest such swing since March 26, 2020, when Wall Street was bouncing back from the global slump caused by the coronavirus pandemic.</p><p>Earlier in the day, the indexes were all more than 2% lower. The S&amp;P appeared to be on course to confirm a correction, and the Russell 2000 looked as if it would confirm it was in a bear market.</p><p>This abrupt, late-session U-turn came in the wake of S&amp;P 500 and the Nasdaq suffering their largest weekly percentage plunge since March 2020, when shutdowns to contain the pandemic sent the economy spiraling into its steepest and most abrupt recession on record.</p><p>&#34;Correction territory is often a psychological sweet spot for investors. They see the correction, and they see that it&#39;s a healthy part of the markets,&#34; said Jake Dollarhide, chief executive officer of Longbow Asset Management in Tulsa, Oklahoma.</p><p>&#34;When everything started selling off, that got a lot of people&#39;s attention, so I think we had what I would call intraday capitulation, getting some of this easy money out of the market,&#34; Dollarhide added.</p><p>The U.S. Federal Reserve is due to convene its two-day monetary policy meeting on Tuesday, and market participants will be parsing its concluding statement and Chairman Jerome Powell&#39;s subsequent Q&amp;A session for clues as to the central bank&#39;s timeline for hiking key interest rates to combat inflation.</p><p>&#34;I think investors are over-assuming a very hawkish stance by the Fed,&#34; said Sam Stovall, chief investment strategist of CFRA Research in New York. &#34;Granted, inflation is high and is likely to get higher before it starts to decline. Specifically we see the headline CPI topping at 7.3% for both January and February, but then coming down to 3.5% by year-end.&#34;</p><p>In a sign that geopolitical tensions are heating up, NATO announced it was putting forces on standby to prepare for a potential conflictbetween Russia and Ukraine.</p><p>The threat of potential conflict in that region helped U.S. Treasury yields dip, pausing their recent upward climb, which has pressured stocks in recent months.</p><p>The Dow Jones Industrial Average rose 99.13 points, or 0.29%, to 34,364.5, the S&amp;P 500 gained 12.19 points, or 0.28%, to 4,410.13 and the Nasdaq Composite added 86.21 points, or 0.63%, to 13,855.13.</p><p>All 11 major sectors of the S&amp;P 500 spent most of the trading day deep in red territory, but by market close all but three were green. Consumer discretionary enjoyed the largest percentage gain.</p><p>Fourth-quarter reporting season is in full swing, with 65 of the companies in the S&amp;P 500 having posted results. Of those, 77% have come in above expectations, according to data from Refinitiv.</p><p>On aggregate, analysts now see S&amp;P 500 annual EPS growth of 23.7%, per Refinitiv.</p><p>A series of disappointing earnings from big banks and, notably, lockdown darling Netflix Inc have overshadowed many better-than-expected results.</p><p>Shares of International Business Machines gained about 2% in after-hours trading after the company beat revenue expectations on the strength of its cloud and consulting businesses.</p><p>Kohl&#39;s Corp surged after Reuters reported private equity firm Sycamore Partners is preparing to make a bid for the department store chain days after a consortium backed by activist investment firm Starboard Value proposed a buyout.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 1.49-to-1 ratio; on Nasdaq, a 1.08-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted 1 new 52-week highs and 31 new lows; the Nasdaq Composite recorded four new highs and 1,319 new lows.</p><p>Volume on U.S. exchanges was 18.42 billion shares, compared with the 10.95 billion average over the last 20 trading days.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Wall Street Reverses, Ends Higher in Late Session Rally</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWall Street Reverses, Ends Higher in Late Session Rally\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-01-25 06:54</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><ul><li>Kohl&#39;s surges as Sycamore, Acacia show takeover interest</li><li>IBM climbs in after hours trading after posting results</li><li>Indexes up: Dow 0.29%, S&amp;P 0.28%, Nasdaq 0.63%</li></ul><p>NEW YORK, Jan 24 (Reuters) - Wall Street bounced back from a steep sell-off late in the session to close higher on Monday, with bargain hunters pushing the indexes into positive territory by closing bell.</p><p>The S&amp;P 500 earlier came close to confirming a correction by appearing on track to close more than 10% down from its most recent all-time high reached on Jan 3 as investors focused on concerns about an increasingly hawkish Federal Reserve and geopolitical tensions.</p><p>The S&amp;P 500 recovered 4.3 percentage points from its session low to it closing level, the largest such swing since March 26, 2020, when Wall Street was bouncing back from the global slump caused by the coronavirus pandemic.</p><p>Earlier in the day, the indexes were all more than 2% lower. The S&amp;P appeared to be on course to confirm a correction, and the Russell 2000 looked as if it would confirm it was in a bear market.</p><p>This abrupt, late-session U-turn came in the wake of S&amp;P 500 and the Nasdaq suffering their largest weekly percentage plunge since March 2020, when shutdowns to contain the pandemic sent the economy spiraling into its steepest and most abrupt recession on record.</p><p>&#34;Correction territory is often a psychological sweet spot for investors. They see the correction, and they see that it&#39;s a healthy part of the markets,&#34; said Jake Dollarhide, chief executive officer of Longbow Asset Management in Tulsa, Oklahoma.</p><p>&#34;When everything started selling off, that got a lot of people&#39;s attention, so I think we had what I would call intraday capitulation, getting some of this easy money out of the market,&#34; Dollarhide added.</p><p>The U.S. Federal Reserve is due to convene its two-day monetary policy meeting on Tuesday, and market participants will be parsing its concluding statement and Chairman Jerome Powell&#39;s subsequent Q&amp;A session for clues as to the central bank&#39;s timeline for hiking key interest rates to combat inflation.</p><p>&#34;I think investors are over-assuming a very hawkish stance by the Fed,&#34; said Sam Stovall, chief investment strategist of CFRA Research in New York. &#34;Granted, inflation is high and is likely to get higher before it starts to decline. Specifically we see the headline CPI topping at 7.3% for both January and February, but then coming down to 3.5% by year-end.&#34;</p><p>In a sign that geopolitical tensions are heating up, NATO announced it was putting forces on standby to prepare for a potential conflictbetween Russia and Ukraine.</p><p>The threat of potential conflict in that region helped U.S. Treasury yields dip, pausing their recent upward climb, which has pressured stocks in recent months.</p><p>The Dow Jones Industrial Average rose 99.13 points, or 0.29%, to 34,364.5, the S&amp;P 500 gained 12.19 points, or 0.28%, to 4,410.13 and the Nasdaq Composite added 86.21 points, or 0.63%, to 13,855.13.</p><p>All 11 major sectors of the S&amp;P 500 spent most of the trading day deep in red territory, but by market close all but three were green. Consumer discretionary enjoyed the largest percentage gain.</p><p>Fourth-quarter reporting season is in full swing, with 65 of the companies in the S&amp;P 500 having posted results. Of those, 77% have come in above expectations, according to data from Refinitiv.</p><p>On aggregate, analysts now see S&amp;P 500 annual EPS growth of 23.7%, per Refinitiv.</p><p>A series of disappointing earnings from big banks and, notably, lockdown darling Netflix Inc have overshadowed many better-than-expected results.</p><p>Shares of International Business Machines gained about 2% in after-hours trading after the company beat revenue expectations on the strength of its cloud and consulting businesses.</p><p>Kohl&#39;s Corp surged after Reuters reported private equity firm Sycamore Partners is preparing to make a bid for the department store chain days after a consortium backed by activist investment firm Starboard Value proposed a buyout.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 1.49-to-1 ratio; on Nasdaq, a 1.08-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted 1 new 52-week highs and 31 new lows; the Nasdaq Composite recorded four new highs and 1,319 new lows.</p><p>Volume on U.S. exchanges was 18.42 billion shares, compared with the 10.95 billion average over the last 20 trading days.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPY":"标普500ETF","BK4559":"巴菲特持仓","BK4534":"瑞士信贷持仓",".DJI":"道琼斯","BK4504":"桥水持仓","BK4550":"红杉资本持仓",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2206888965","content_text":"Kohl's surges as Sycamore, Acacia show takeover interestIBM climbs in after hours trading after posting resultsIndexes up: Dow 0.29%, S&P 0.28%, Nasdaq 0.63%NEW YORK, Jan 24 (Reuters) - Wall Street bounced back from a steep sell-off late in the session to close higher on Monday, with bargain hunters pushing the indexes into positive territory by closing bell.The S&P 500 earlier came close to confirming a correction by appearing on track to close more than 10% down from its most recent all-time high reached on Jan 3 as investors focused on concerns about an increasingly hawkish Federal Reserve and geopolitical tensions.The S&P 500 recovered 4.3 percentage points from its session low to it closing level, the largest such swing since March 26, 2020, when Wall Street was bouncing back from the global slump caused by the coronavirus pandemic.Earlier in the day, the indexes were all more than 2% lower. The S&P appeared to be on course to confirm a correction, and the Russell 2000 looked as if it would confirm it was in a bear market.This abrupt, late-session U-turn came in the wake of S&P 500 and the Nasdaq suffering their largest weekly percentage plunge since March 2020, when shutdowns to contain the pandemic sent the economy spiraling into its steepest and most abrupt recession on record.\"Correction territory is often a psychological sweet spot for investors. They see the correction, and they see that it's a healthy part of the markets,\" said Jake Dollarhide, chief executive officer of Longbow Asset Management in Tulsa, Oklahoma.\"When everything started selling off, that got a lot of people's attention, so I think we had what I would call intraday capitulation, getting some of this easy money out of the market,\" Dollarhide added.The U.S. Federal Reserve is due to convene its two-day monetary policy meeting on Tuesday, and market participants will be parsing its concluding statement and Chairman Jerome Powell's subsequent Q&A session for clues as to the central bank's timeline for hiking key interest rates to combat inflation.\"I think investors are over-assuming a very hawkish stance by the Fed,\" said Sam Stovall, chief investment strategist of CFRA Research in New York. \"Granted, inflation is high and is likely to get higher before it starts to decline. Specifically we see the headline CPI topping at 7.3% for both January and February, but then coming down to 3.5% by year-end.\"In a sign that geopolitical tensions are heating up, NATO announced it was putting forces on standby to prepare for a potential conflictbetween Russia and Ukraine.The threat of potential conflict in that region helped U.S. Treasury yields dip, pausing their recent upward climb, which has pressured stocks in recent months.The Dow Jones Industrial Average rose 99.13 points, or 0.29%, to 34,364.5, the S&P 500 gained 12.19 points, or 0.28%, to 4,410.13 and the Nasdaq Composite added 86.21 points, or 0.63%, to 13,855.13.All 11 major sectors of the S&P 500 spent most of the trading day deep in red territory, but by market close all but three were green. Consumer discretionary enjoyed the largest percentage gain.Fourth-quarter reporting season is in full swing, with 65 of the companies in the S&P 500 having posted results. Of those, 77% have come in above expectations, according to data from Refinitiv.On aggregate, analysts now see S&P 500 annual EPS growth of 23.7%, per Refinitiv.A series of disappointing earnings from big banks and, notably, lockdown darling Netflix Inc have overshadowed many better-than-expected results.Shares of International Business Machines gained about 2% in after-hours trading after the company beat revenue expectations on the strength of its cloud and consulting businesses.Kohl's Corp surged after Reuters reported private equity firm Sycamore Partners is preparing to make a bid for the department store chain days after a consortium backed by activist investment firm Starboard Value proposed a buyout.Declining issues outnumbered advancing ones on the NYSE by a 1.49-to-1 ratio; on Nasdaq, a 1.08-to-1 ratio favored decliners.The S&P 500 posted 1 new 52-week highs and 31 new lows; the Nasdaq Composite recorded four new highs and 1,319 new lows.Volume on U.S. exchanges was 18.42 billion shares, compared with the 10.95 billion average over the last 20 trading days.","news_type":1},"isVote":1,"tweetType":1,"viewCount":326,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":814682942,"gmtCreate":1630812815786,"gmtModify":1676530399576,"author":{"id":"3573553997588785","authorId":"3573553997588785","name":"CSR9","avatar":"https://static.tigerbbs.com/a2dbfeddb80b64cb1e0ef8269b56cf73","crmLevel":9,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3573553997588785","authorIdStr":"3573553997588785"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TSLA\">$Tesla Motors(TSLA)$</a>Don’t laugh at me. ?","listText":"<a href=\"https://laohu8.com/S/TSLA\">$Tesla Motors(TSLA)$</a>Don’t laugh at me. ?","text":"$Tesla Motors(TSLA)$Don’t laugh at me. ?","images":[{"img":"https://static.tigerbbs.com/7ee548252db1949655d2c052bf43be72","width":"828","height":"1434"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/814682942","isVote":1,"tweetType":1,"viewCount":205,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":320490613035224,"gmtCreate":1719277835808,"gmtModify":1719277839501,"author":{"id":"3573553997588785","authorId":"3573553997588785","name":"CSR9","avatar":"https://static.tigerbbs.com/a2dbfeddb80b64cb1e0ef8269b56cf73","crmLevel":9,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3573553997588785","authorIdStr":"3573553997588785"},"themes":[],"htmlText":"TEAMb8fe24d5e7fa6d06 Join our team :)&nbsp;","listText":"TEAMb8fe24d5e7fa6d06 Join our team :)&nbsp;","text":"TEAMb8fe24d5e7fa6d06 Join our team :)","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/320490613035224","isVote":1,"tweetType":1,"viewCount":432,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}