DavidHTW personal page - To The Moon

DavidHTW

DavidHTW

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11-04 06:14

$NVIDIA Corp(NVDA)$ This would be great news!

11-02 23:26

$Palantir Technologies Inc.(PLTR)$ It is going to be awesome!!!

10-22

With current momentum and Dec good months coming, definitely a possiblility that Nvidia will push for new highs

08-10

$Palantir Technologies Inc.(PLTR)$

06-24

$NVIDIA Corp(NVDA)$

04-01

Awesome achievement!!!

Tesla Celebrates 6 Million Vehicle Production Milestone

2023-10-03

Good to hear

Tesla Misses Lowered Sales Expectations, but Wall Street Sees "Better Days Ahead"

2023-08-31

All the Best Singapore in choosing the right President to guide this lovely country

Sample Counts, Invalid Votes and Recounts – What You Need to Know About PE2023 Polling Day

2023-05-15

Thanks for the heads up

Nio Stock: Sell in May and Stay Away

2023-03-30

Oooooo

Google Says Microsoft Cloud Practices Are Anti-Competitive

2023-03-29

Good move!!!

Apple Launches Buy Now, Pay Later Service in US

2023-03-28

Wow!!! Caution

NIO: Likely Found A New Bottom - FY2023 Projections Still More Than Decent

2023-03-28

Woohoo!!!

1 Stock-Split Stock Set to Soar 705%, According to Cathie Wood's Ark Invest

2023-03-25

Good to know

Is Tesla Losing a Big Force Behind This Year’s Rally?

2023-01-31

Thats great!!!

Tesla Raises Spending Plan As It Looks to Ramp up Production

2023-01-31

Good call

Tesla: Calm Before The Interest Rate Storm

2023-01-30

Woohoo!!!

Tesla Stock Jumps 11% to Best Week in a Decade

2023-01-26

Wow

Musk’s Big Tesla Growth Target Is a Problem

2023-01-19

Ok

Top Calls on Wall Street: Apple, Tesla, Amazon, Netflix, Exxon, IBM and More

2023-01-04

Crap

Tesla Crashed Over 7% in Morning Trading After Posting Its Disappointing Q4 Delivery Results

Go to Tiger App to see more news

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href=\"https://ttm.financial/S/NVDA\">$NVIDIA Corp(NVDA)$&nbsp;</a><v-v data-views=\"1\"></v-v> This would be great news!","listText":"<a href=\"https://ttm.financial/S/NVDA\">$NVIDIA Corp(NVDA)$&nbsp;</a><v-v data-views=\"1\"></v-v> This would be great news!","text":"$NVIDIA Corp(NVDA)$ This would be great news!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/367117894103280","isVote":1,"tweetType":1,"viewCount":40,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":366808249626720,"gmtCreate":1730561189517,"gmtModify":1730561194097,"author":{"id":"4094706538255210","authorId":"4094706538255210","name":"DavidHTW","avatar":"https://community-static.tradeup.com/news/f4211692e23623de59a502307acbb4cc","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4094706538255210","idStr":"4094706538255210"},"themes":[],"htmlText":"<a 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Inc.(PLTR)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/336958448152928","isVote":1,"tweetType":1,"viewCount":124,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":320340523835528,"gmtCreate":1719241029332,"gmtModify":1719369467191,"author":{"id":"4094706538255210","authorId":"4094706538255210","name":"DavidHTW","avatar":"https://community-static.tradeup.com/news/f4211692e23623de59a502307acbb4cc","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4094706538255210","idStr":"4094706538255210"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/NVDA\">$NVIDIA Corp(NVDA)$&nbsp;</a><v-v data-views=\"0\"></v-v>&nbsp;","listText":"<a href=\"https://ttm.financial/S/NVDA\">$NVIDIA Corp(NVDA)$&nbsp;</a><v-v data-views=\"0\"></v-v>&nbsp;","text":"$NVIDIA Corp(NVDA)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/320340523835528","isVote":1,"tweetType":1,"viewCount":205,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":290398193524928,"gmtCreate":1711904627067,"gmtModify":1711904630777,"author":{"id":"4094706538255210","authorId":"4094706538255210","name":"DavidHTW","avatar":"https://community-static.tradeup.com/news/f4211692e23623de59a502307acbb4cc","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4094706538255210","idStr":"4094706538255210"},"themes":[],"htmlText":"Awesome achievement!!!","listText":"Awesome achievement!!!","text":"Awesome achievement!!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/290398193524928","repostId":"1111063930","repostType":4,"repost":{"id":"1111063930","pubTimestamp":1711789640,"share":"https://ttm.financial/m/news/1111063930?lang=&edition=fundamental","pubTime":"2024-03-30 17:07","market":"us","language":"en","title":"Tesla Celebrates 6 Million Vehicle Production Milestone","url":"https://stock-news.laohu8.com/highlight/detail?id=1111063930","media":"Teslarati","summary":"Tesla has announced that it has reached a cumulative production of 6 million vehicles. That’s an amazing achievement for a young carmaker that has so far only offered a handful of premium electric cars to consumers since its earliest days.The electric vehicle maker announced the milestone in a post on social media platform X. As could be seen from the short video clip posted by Tesla, the company’s 6 millionth vehicle is a Stealth Gray Tesla Model Y produced at the Fremont Factory. The vehicle w","content":"<html><head></head><body><p>Tesla has announced that it has reached a cumulative production of 6 million vehicles. That’s an amazing achievement for a young carmaker that has so far only offered a handful of premium electric cars to consumers since its earliest days. </p><p style=\"text-align: start;\">The electric vehicle maker announced the milestone in a post on social media platform X. As could be seen from the short video clip posted by Tesla, the company’s 6 millionth vehicle is a Stealth Gray Tesla Model Y produced at the Fremont Factory. The vehicle was surrounded by a group of Tesla employees who were celebrating the milestone. </p><p>Tesla thanked its customers over the years in its commemorative post. “Produced our 6 millionth car! Thank you to our owners &amp; teams around the world for your support &amp; hard work—it truly matters,” the electric vehicle maker wrote in its X post. </p><p>Tesla CEO Elon Musk celebrated the milestone in a post on X. “Congrats Tesla Team!” Musk wrote. </p><p>Tesla Vice President of Finance Sendil Palani provided some background on Tesla’s milestone. “After our initial ~2,400 vehicles (original Roadster, hand-assembled in the back of our Sales/Service location in Menlo Park, CA over five years), the Fremont factory was the site of our first ‘high volume’ product, the Model S. It launched at an aspirational capacity of 20,000 vehicles *per year*. Nice to celebrate our 6 millionth car pictured back where it all began,” the Tesla executive wrote. </p><p>What is particularly impressive about Tesla’s recent post is the fact that the company just announced a similar milestone about 6.5 months ago. In mid-September 2023, Tesla revealed that it had produced its 5 millionth car. And in early March 2023, Tesla announced on X, that it had produced its 4 millionth vehicle at Giga Texas. </p><p>Tesla’s production milestones show that the company has truly become a mainstream automaker that can stand toe-to-toe with the best in the electric vehicle sector. As per Tesla watchers, Tesla took a whole 12 years to produce 1 million vehicles. The 2 million-vehicle mark took 15 months, and hitting 3 million vehicles only took 10 months. </p></body></html>","source":"lsy1629091926461","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 Celebrates 6 Million Vehicle Production Milestone</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 Celebrates 6 Million Vehicle Production Milestone\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-03-30 17:07 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.teslarati.com/tesla-6-million-vehicle-production-achieved/><strong>Teslarati</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tesla has announced that it has reached a cumulative production of 6 million vehicles. That’s an amazing achievement for a young carmaker that has so far only offered a handful of premium electric ...</p>\n\n<a href=\"https://www.teslarati.com/tesla-6-million-vehicle-production-achieved/\">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://www.teslarati.com/tesla-6-million-vehicle-production-achieved/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1111063930","content_text":"Tesla has announced that it has reached a cumulative production of 6 million vehicles. That’s an amazing achievement for a young carmaker that has so far only offered a handful of premium electric cars to consumers since its earliest days. The electric vehicle maker announced the milestone in a post on social media platform X. As could be seen from the short video clip posted by Tesla, the company’s 6 millionth vehicle is a Stealth Gray Tesla Model Y produced at the Fremont Factory. The vehicle was surrounded by a group of Tesla employees who were celebrating the milestone. Tesla thanked its customers over the years in its commemorative post. “Produced our 6 millionth car! Thank you to our owners & teams around the world for your support & hard work—it truly matters,” the electric vehicle maker wrote in its X post. Tesla CEO Elon Musk celebrated the milestone in a post on X. “Congrats Tesla Team!” Musk wrote. Tesla Vice President of Finance Sendil Palani provided some background on Tesla’s milestone. “After our initial ~2,400 vehicles (original Roadster, hand-assembled in the back of our Sales/Service location in Menlo Park, CA over five years), the Fremont factory was the site of our first ‘high volume’ product, the Model S. It launched at an aspirational capacity of 20,000 vehicles *per year*. Nice to celebrate our 6 millionth car pictured back where it all began,” the Tesla executive wrote. What is particularly impressive about Tesla’s recent post is the fact that the company just announced a similar milestone about 6.5 months ago. In mid-September 2023, Tesla revealed that it had produced its 5 millionth car. And in early March 2023, Tesla announced on X, that it had produced its 4 millionth vehicle at Giga Texas. Tesla’s production milestones show that the company has truly become a mainstream automaker that can stand toe-to-toe with the best in the electric vehicle sector. As per Tesla watchers, Tesla took a whole 12 years to produce 1 million vehicles. The 2 million-vehicle mark took 15 months, and hitting 3 million vehicles only took 10 months.","news_type":1},"isVote":1,"tweetType":1,"viewCount":306,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":226227552608312,"gmtCreate":1696296279682,"gmtModify":1696296283999,"author":{"id":"4094706538255210","authorId":"4094706538255210","name":"DavidHTW","avatar":"https://community-static.tradeup.com/news/f4211692e23623de59a502307acbb4cc","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4094706538255210","idStr":"4094706538255210"},"themes":[],"htmlText":"Good to hear","listText":"Good to hear","text":"Good to hear","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/226227552608312","repostId":"2372359028","repostType":4,"repost":{"id":"2372359028","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1696293885,"share":"https://ttm.financial/m/news/2372359028?lang=&edition=fundamental","pubTime":"2023-10-03 08:44","market":"us","language":"en","title":"Tesla Misses Lowered Sales Expectations, but Wall Street Sees \"Better Days Ahead\"","url":"https://stock-news.laohu8.com/highlight/detail?id=2372359028","media":"Dow Jones","summary":"EV giant's sales grew 30% from a year ago, but were about 10% below what analysts were expecting. Sales numbers for Tesla Inc. and other EV makers on Monday failed to boost the companies' stocks, underscoring investors' concerns about production wrinkles and profit margins.Tesla  reported third-quarter deliveries Monday that were well below already-lowered expectations, sending the stock lower by as much as 3%. At last check, however, the shares edged higher, after rising 4% over the past two days in anticipation of the data.Delivery estimates for Tesla had come down in recent weeks due to a Model 3 refresh in some regions, but Tesla  \"still missed most-recently-reduced expectations,\" Citi analyst Itay Michaeli said in a note Monday.Tesla said it produced 430,488 vehicles during the third quarter and delivered 435,059 vehicles. Production was up 17.6% from 365,923 EVs produced a year ago while deliveries increased 26.5% from 343,830.Tesla's sales were likely hit by longer-than-expected","content":"<html><head></head><body><p>Sales numbers for Tesla Inc. and other EV makers on Monday failed to boost the companies&#39; stocks, underscoring investors&#39; concerns about production wrinkles and profit margins.</p><p>Tesla <a href=\"https://laohu8.com/S/TSLA\">$(TSLA)$</a> reported third-quarter deliveries Monday that were well below already-lowered expectations, sending the stock lower by as much as 3%. However, the shares ended 0.55% higher after full-year guidance reassures investors. Tesla remains committed to the target of 1.8 million deliveries for the year.</p><p>Delivery estimates for Tesla had come down in recent weeks due to a Model 3 refresh in some regions, but Tesla &#34;still missed most-recently-reduced expectations,&#34; Citi analyst Itay Michaeli said in a note Monday.</p><p>Quarterly production, broadly in line with forecast, implies &#34;limited&#34; destocking quarter-on-quarter, which implies &#34;flattish&#34; inventories, Michaeli said. That could weigh on sentiment about gross margins by the end of the year, the analyst said. Michaeli kept Citi&#39;s neutral rating on the shares.</p><p>Tesla said it produced 430,488 vehicles during the third quarter and delivered 435,059 vehicles. Production was up 17.6% from 365,923 EVs produced a year ago while deliveries increased 26.5% from 343,830.</p><p>The FactSet consensus for deliveries was 461,000, which has declined from 462,000 last week and from 470,000 at the end of August.</p><p>Analysts had been lowering their expectations amid concerns over slowing demand in China, as the lower-priced Model 3 was getting a refresh and given expectations of limited volume growth.</p><p>Tesla&#39;s sales were likely hit by longer-than-expected factory downtime in Shanghaiand Austin, Texas, likely causing about 20,000 vehicles to shift into the fourth quarter, Wedbush analyst Dan Ives said.</p><p>&#34;Even when factoring in the shutdowns with no rose colored glasses Tesla clearly missed Street estimates this quarter with bulls left disappointed, although we see better days ahead&#34; for fourth quarter and 2024, he said.</p><p>Also Monday, EV startup Rivian Automotive Inc. <a href=\"https://laohu8.com/S/RIVN\">$(RIVN)$</a> reported its quarterly sales, and unlike Tesla, Rivian beat Wall Street expectations by a large margin. But the stock was 2.55% lower on Monday trading.</p><p>Rivian produced 16,304 vehicles at its manufacturing facility in Normal, Ill., and delivered 15,564 vehicles during the quarter. The FactSet consensus was for deliveries of 14,000 vehicles.</p><p>The tightening gap between production and deliveries is &#34;clear demonstration of continued demand strength&#34; for Rivian&#39;s electric SUV R1 and electric delivery vans, Truist analyst Jordan Levy said in a note Monday.</p><p>Earlier stock weakness was &#34;a prime example of the negative sentiment headwinds EV pure-plays continue to face,&#34; Levy said.</p><p>Analysts at Evercore ISI raised their rating on Rivian stock to the equivalent of buy and increased their price target on the stock to $35, an upside of about 40% over Monday&#39;s share prices.</p><p>Rivian &#34;has a brand that has stuck the U.S. landing, and most importantly within segments everyone already wants,&#34; such as SUVs, trucks and vans, Evercore analyst Chris McNally said.</p><p>Rivian has &#34;executed on both cost and delivery targets, derisking the path to break even,&#34; McNally said.</p><p>The next six months could see Rivian becoming a $35 stock on a production ramp, breakeven gross margins, and &#34;perhaps most importantly&#34; the reveal in the first half of next year of R2, Rivian&#39;s compact SUV expected to cost $40,000 to $60,000 and be the first Rivian vehicle to achieve high volume, the analyst said.</p><p>Tesla&#39;s stock has doubled in the year to date, while shares of Rivian have gained 35% in the same period. That compares with an advance of about 12% for the S&amp;P 500 index SPX so far this year.</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 Misses Lowered Sales Expectations, but Wall Street Sees \"Better Days Ahead\"</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 Misses Lowered Sales Expectations, but Wall Street Sees \"Better Days Ahead\"\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/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2023-10-03 08:44</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Sales numbers for Tesla Inc. and other EV makers on Monday failed to boost the companies&#39; stocks, underscoring investors&#39; concerns about production wrinkles and profit margins.</p><p>Tesla <a href=\"https://laohu8.com/S/TSLA\">$(TSLA)$</a> reported third-quarter deliveries Monday that were well below already-lowered expectations, sending the stock lower by as much as 3%. However, the shares ended 0.55% higher after full-year guidance reassures investors. Tesla remains committed to the target of 1.8 million deliveries for the year.</p><p>Delivery estimates for Tesla had come down in recent weeks due to a Model 3 refresh in some regions, but Tesla &#34;still missed most-recently-reduced expectations,&#34; Citi analyst Itay Michaeli said in a note Monday.</p><p>Quarterly production, broadly in line with forecast, implies &#34;limited&#34; destocking quarter-on-quarter, which implies &#34;flattish&#34; inventories, Michaeli said. That could weigh on sentiment about gross margins by the end of the year, the analyst said. Michaeli kept Citi&#39;s neutral rating on the shares.</p><p>Tesla said it produced 430,488 vehicles during the third quarter and delivered 435,059 vehicles. Production was up 17.6% from 365,923 EVs produced a year ago while deliveries increased 26.5% from 343,830.</p><p>The FactSet consensus for deliveries was 461,000, which has declined from 462,000 last week and from 470,000 at the end of August.</p><p>Analysts had been lowering their expectations amid concerns over slowing demand in China, as the lower-priced Model 3 was getting a refresh and given expectations of limited volume growth.</p><p>Tesla&#39;s sales were likely hit by longer-than-expected factory downtime in Shanghaiand Austin, Texas, likely causing about 20,000 vehicles to shift into the fourth quarter, Wedbush analyst Dan Ives said.</p><p>&#34;Even when factoring in the shutdowns with no rose colored glasses Tesla clearly missed Street estimates this quarter with bulls left disappointed, although we see better days ahead&#34; for fourth quarter and 2024, he said.</p><p>Also Monday, EV startup Rivian Automotive Inc. <a href=\"https://laohu8.com/S/RIVN\">$(RIVN)$</a> reported its quarterly sales, and unlike Tesla, Rivian beat Wall Street expectations by a large margin. But the stock was 2.55% lower on Monday trading.</p><p>Rivian produced 16,304 vehicles at its manufacturing facility in Normal, Ill., and delivered 15,564 vehicles during the quarter. The FactSet consensus was for deliveries of 14,000 vehicles.</p><p>The tightening gap between production and deliveries is &#34;clear demonstration of continued demand strength&#34; for Rivian&#39;s electric SUV R1 and electric delivery vans, Truist analyst Jordan Levy said in a note Monday.</p><p>Earlier stock weakness was &#34;a prime example of the negative sentiment headwinds EV pure-plays continue to face,&#34; Levy said.</p><p>Analysts at Evercore ISI raised their rating on Rivian stock to the equivalent of buy and increased their price target on the stock to $35, an upside of about 40% over Monday&#39;s share prices.</p><p>Rivian &#34;has a brand that has stuck the U.S. landing, and most importantly within segments everyone already wants,&#34; such as SUVs, trucks and vans, Evercore analyst Chris McNally said.</p><p>Rivian has &#34;executed on both cost and delivery targets, derisking the path to break even,&#34; McNally said.</p><p>The next six months could see Rivian becoming a $35 stock on a production ramp, breakeven gross margins, and &#34;perhaps most importantly&#34; the reveal in the first half of next year of R2, Rivian&#39;s compact SUV expected to cost $40,000 to $60,000 and be the first Rivian vehicle to achieve high volume, the analyst said.</p><p>Tesla&#39;s stock has doubled in the year to date, while shares of Rivian have gained 35% in the same period. That compares with an advance of about 12% for the S&amp;P 500 index SPX so far this year.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉","LI":"理想汽车","XPEV":"小鹏汽车","NIO":"蔚来","TSLL":"Direxion Daily TSLA Bull 2X Shares","RIVN":"Rivian Automotive, Inc."},"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2372359028","content_text":"Sales numbers for Tesla Inc. and other EV makers on Monday failed to boost the companies' stocks, underscoring investors' concerns about production wrinkles and profit margins.Tesla $(TSLA)$ reported third-quarter deliveries Monday that were well below already-lowered expectations, sending the stock lower by as much as 3%. However, the shares ended 0.55% higher after full-year guidance reassures investors. Tesla remains committed to the target of 1.8 million deliveries for the year.Delivery estimates for Tesla had come down in recent weeks due to a Model 3 refresh in some regions, but Tesla \"still missed most-recently-reduced expectations,\" Citi analyst Itay Michaeli said in a note Monday.Quarterly production, broadly in line with forecast, implies \"limited\" destocking quarter-on-quarter, which implies \"flattish\" inventories, Michaeli said. That could weigh on sentiment about gross margins by the end of the year, the analyst said. Michaeli kept Citi's neutral rating on the shares.Tesla said it produced 430,488 vehicles during the third quarter and delivered 435,059 vehicles. Production was up 17.6% from 365,923 EVs produced a year ago while deliveries increased 26.5% from 343,830.The FactSet consensus for deliveries was 461,000, which has declined from 462,000 last week and from 470,000 at the end of August.Analysts had been lowering their expectations amid concerns over slowing demand in China, as the lower-priced Model 3 was getting a refresh and given expectations of limited volume growth.Tesla's sales were likely hit by longer-than-expected factory downtime in Shanghaiand Austin, Texas, likely causing about 20,000 vehicles to shift into the fourth quarter, Wedbush analyst Dan Ives said.\"Even when factoring in the shutdowns with no rose colored glasses Tesla clearly missed Street estimates this quarter with bulls left disappointed, although we see better days ahead\" for fourth quarter and 2024, he said.Also Monday, EV startup Rivian Automotive Inc. $(RIVN)$ reported its quarterly sales, and unlike Tesla, Rivian beat Wall Street expectations by a large margin. But the stock was 2.55% lower on Monday trading.Rivian produced 16,304 vehicles at its manufacturing facility in Normal, Ill., and delivered 15,564 vehicles during the quarter. The FactSet consensus was for deliveries of 14,000 vehicles.The tightening gap between production and deliveries is \"clear demonstration of continued demand strength\" for Rivian's electric SUV R1 and electric delivery vans, Truist analyst Jordan Levy said in a note Monday.Earlier stock weakness was \"a prime example of the negative sentiment headwinds EV pure-plays continue to face,\" Levy said.Analysts at Evercore ISI raised their rating on Rivian stock to the equivalent of buy and increased their price target on the stock to $35, an upside of about 40% over Monday's share prices.Rivian \"has a brand that has stuck the U.S. landing, and most importantly within segments everyone already wants,\" such as SUVs, trucks and vans, Evercore analyst Chris McNally said.Rivian has \"executed on both cost and delivery targets, derisking the path to break even,\" McNally said.The next six months could see Rivian becoming a $35 stock on a production ramp, breakeven gross margins, and \"perhaps most importantly\" the reveal in the first half of next year of R2, Rivian's compact SUV expected to cost $40,000 to $60,000 and be the first Rivian vehicle to achieve high volume, the analyst said.Tesla's stock has doubled in the year to date, while shares of Rivian have gained 35% in the same period. That compares with an advance of about 12% for the S&P 500 index SPX so far this year.","news_type":1},"isVote":1,"tweetType":1,"viewCount":237,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":214696728117400,"gmtCreate":1693453082198,"gmtModify":1693453086728,"author":{"id":"4094706538255210","authorId":"4094706538255210","name":"DavidHTW","avatar":"https://community-static.tradeup.com/news/f4211692e23623de59a502307acbb4cc","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4094706538255210","idStr":"4094706538255210"},"themes":[],"htmlText":"All the Best Singapore in choosing the right President to guide this lovely country","listText":"All the Best Singapore in choosing the right President to guide this lovely country","text":"All the Best Singapore in choosing the right President to guide this lovely country","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/214696728117400","repostId":"2363233582","repostType":4,"repost":{"id":"2363233582","pubTimestamp":1693447615,"share":"https://ttm.financial/m/news/2363233582?lang=&edition=fundamental","pubTime":"2023-08-31 10:06","market":"sg","language":"en","title":"Sample Counts, Invalid Votes and Recounts – What You Need to Know About PE2023 Polling Day","url":"https://stock-news.laohu8.com/highlight/detail?id=2363233582","media":"CNA","summary":"What is a sample count and can votes be rejected? Find out how your votes will be counted before Singapore heads to the polls on Friday for the Presidential Election. ","content":"<html><head></head><body><p>SINGAPORE: On Friday (Sep 1), Singaporeans will head to the polls to vote for the country&#39;s ninth President. This is the first contested election since 2011, which saw former President Tony Tan winning the final vote.</p><p>Contesting in the 2023 Presidential Election are former GIC chief investment officer Ng Kok Song, former Senior Minister Tharman Shanmugaratnam and former NTUC Income chief executive and second-time candidate Tan Kin Lian.</p><p>Polling stations will open from 8am to 8pm, after which counting of the votes will begin.</p><p>Here’s what you need to know about how your votes will be counted. </p><h2 id=\"id_583538825\">What is the sample count and why is it important?</h2><p>The Elections Department Singapore (ELD) first started publicly releasing sample counts in the 2015 General Election. </p><p>The sample count is done at the start of the counting process and gives an early indication of the election outcome ahead of the final tally. </p><p>ELD said sample counts are done to prevent speculation and misinformation from unofficial sources while counting is underway, before election results are announced.</p><p>A sample count also helps election officials check against the election result.</p><h2 id=\"id_675863774\">How is the sample count calculated? </h2><p>A counting assistant at each of the 1,264 polling stations – up from 1,097 at the last General Election – will pick a random bundle of 100 ballot papers and count the number of votes for each candidate. This will be done in front of the candidates or their counting agents at each polling station.</p><p>The votes will be added up, with weightage given according to the number of votes cast at each polling station. </p><p>The sample count will be shown as a percentage of valid votes for each candidate. </p><p>The assistant returning officer then records the votes for each candidate in a form and tells the candidates or their counting agents at each polling station the sample count results. </p><p>The sample count will also be released to the media and published on the ELD website while counting is still in progress. </p><p>The public should wait for the returning officer’s announcement to know the election result, ELD said, adding that the final result could be different from the sample count. </p><h2 id=\"id_3661941664\">When does counting start?</h2><p>The counting of votes cast in Singapore will begin immediately after polls close. This usually takes place on the night of Polling Day and may continue into the early hours of the next day.</p><p>Once polls close at 8pm, the slits on the ballot boxes through which votes are dropped in are sealed. The ballot boxes are then transported to the assigned counting places for the votes to be counted. Each counting place will be designated to count the votes cast at one or more polling stations.</p><p>Counting will start as soon as all the ballot boxes that are designated for counting at the same place have been received.</p><h2 id=\"id_4073249280\">ADVERTISEMENT</h2><h2 id=\"id_1250924227\">What is considered an invalid vote?</h2><p>When votes are being counted, some ballot papers may be rejected if:</p><ul><li><p>They do not bear the complete official mark or there is no initial by the presiding officer</p></li><li><p>They are unmarked</p></li><li><p>They are void for uncertainty</p></li><li><p>Votes are given to more than one candidate</p></li><li><p>Anything is written or marked by which the voter can be identified such as if the voter signs or writes their name or NRIC number</p></li></ul><p>Only marks made within the designated boxes on ballot papers will be counted. If a voter makes a mark outside of the designated boxes, the assistant returning officer must disregard that mark when determining whether the voter has given their vote to any candidate.</p><p>A ballot paper will not be treated as void even if voters mark the designated area with something other than a cross or with more than one marking. This is as long as the intention of the voter on which candidate they are voting for is clear, and that the paper is marked in a way that does not identify the voter. </p><h2 id=\"id_2459301973\">Will there be a recount?</h2><p>The returning officer must conduct a recount if the difference between the number of votes for the candidate with the most votes and for any other candidate is 2 per cent or less. </p><p>This percentage is of the total votes cast, and does not include rejected or tendered votes. According to the ELD website, tendered ballot papers are issued to individuals who insist on voting even after the election official informs them that they have already been recorded as having cast their vote. </p><p>No recounting of overseas votes will be conducted if the votes have no impact on the election outcome.</p><p>If the overseas votes have an impact on the election results – if the number brings the margin of difference to within 2 per cent between the top two candidates – a recount of the overseas votes will be conducted.</p><h2 id=\"id_3045440024\">How are overseas votes counted?</h2><p>Postal voting for overseas Singaporeans will be used for the first time during the Presidential Election, after changes to election laws were passed earlier this year. </p><p>There are also 10 overseas polling stations in the following cities: Beijing, Canberra, Dubai, Hong Kong, London, New York, San Francisco, Shanghai, Tokyo and Washington.</p><p>All ballot papers cast by overseas voters must reach Singapore within 10 days after Polling Day. The returning officer will arrange for the counting of overseas votes to be conducted in the presence of the candidates and their counting agents as soon as practicable after the 10th day from Polling Day.</p><p>The returning officer may extend the time for overseas votes to reach Singapore by another seven days if two conditions are fulfilled: The total number of overseas voters is material to the election outcome, and the returning officer is satisfied that more time is needed for the overseas votes to reach Singapore in the event of disruptions in overseas postal services.</p><p>The rules relating to the counting, recounting and rejection of votes cast locally are generally applicable to votes cast at overseas polling stations.</p><p>For votes cast by post, a pre-count examination of postal voting papers comprising the return envelope with the postal ballot papers enclosed will be conducted to ensure only bona fide postal ballot papers are counted.</p><p>This will help to sieve out return envelopes that do not meet the criteria to be accepted for counting, such as those torn or with stamps dated on Polling Day or later.</p><h2 id=\"id_1416901653\">When will the results be announced?</h2><p>When counting is completed for all the votes cast, including any recount, the returning officer will tally the number of votes given to each candidate based on the records of counting received. </p><p>Once this is ascertained, the returning officer will announce the number of votes given to each candidate to the candidates and their principal election agents present at the principal counting centre.</p><p>If the number of eligible overseas voters is less than the difference between the top two candidates, the returning officer will declare the candidate with the highest number of votes as the elected President.</p><p>If the number of overseas voters is equal to or more than the difference between the top two candidates, then the returning officer will announce the votes cast locally for each candidate, and the date and venue at which the ballot papers cast overseas will be counted.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8e015f4e98e7cc0b77e19963032ed5be\" alt=\"\" title=\"\" tg-width=\"900\" tg-height=\"1600\"/></p></body></html>","source":"can_highlight","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>Sample Counts, Invalid Votes and Recounts – What You Need to Know About PE2023 Polling Day</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\">\nSample Counts, Invalid Votes and Recounts – What You Need to Know About PE2023 Polling Day\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-08-31 10:06 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.channelnewsasia.com/singapore/presidential-election-vote-counting-recounts-polling-day-3734416><strong>CNA</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SINGAPORE: On Friday (Sep 1), Singaporeans will head to the polls to vote for the country's ninth President. This is the first contested election since 2011, which saw former President Tony Tan ...</p>\n\n<a href=\"https://www.channelnewsasia.com/singapore/presidential-election-vote-counting-recounts-polling-day-3734416\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4107":"财产与意外伤害保险","STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.channelnewsasia.com/singapore/presidential-election-vote-counting-recounts-polling-day-3734416","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2363233582","content_text":"SINGAPORE: On Friday (Sep 1), Singaporeans will head to the polls to vote for the country's ninth President. This is the first contested election since 2011, which saw former President Tony Tan winning the final vote.Contesting in the 2023 Presidential Election are former GIC chief investment officer Ng Kok Song, former Senior Minister Tharman Shanmugaratnam and former NTUC Income chief executive and second-time candidate Tan Kin Lian.Polling stations will open from 8am to 8pm, after which counting of the votes will begin.Here’s what you need to know about how your votes will be counted. What is the sample count and why is it important?The Elections Department Singapore (ELD) first started publicly releasing sample counts in the 2015 General Election. The sample count is done at the start of the counting process and gives an early indication of the election outcome ahead of the final tally. ELD said sample counts are done to prevent speculation and misinformation from unofficial sources while counting is underway, before election results are announced.A sample count also helps election officials check against the election result.How is the sample count calculated? A counting assistant at each of the 1,264 polling stations – up from 1,097 at the last General Election – will pick a random bundle of 100 ballot papers and count the number of votes for each candidate. This will be done in front of the candidates or their counting agents at each polling station.The votes will be added up, with weightage given according to the number of votes cast at each polling station. The sample count will be shown as a percentage of valid votes for each candidate. The assistant returning officer then records the votes for each candidate in a form and tells the candidates or their counting agents at each polling station the sample count results. The sample count will also be released to the media and published on the ELD website while counting is still in progress. The public should wait for the returning officer’s announcement to know the election result, ELD said, adding that the final result could be different from the sample count. When does counting start?The counting of votes cast in Singapore will begin immediately after polls close. This usually takes place on the night of Polling Day and may continue into the early hours of the next day.Once polls close at 8pm, the slits on the ballot boxes through which votes are dropped in are sealed. The ballot boxes are then transported to the assigned counting places for the votes to be counted. Each counting place will be designated to count the votes cast at one or more polling stations.Counting will start as soon as all the ballot boxes that are designated for counting at the same place have been received.ADVERTISEMENTWhat is considered an invalid vote?When votes are being counted, some ballot papers may be rejected if:They do not bear the complete official mark or there is no initial by the presiding officerThey are unmarkedThey are void for uncertaintyVotes are given to more than one candidateAnything is written or marked by which the voter can be identified such as if the voter signs or writes their name or NRIC numberOnly marks made within the designated boxes on ballot papers will be counted. If a voter makes a mark outside of the designated boxes, the assistant returning officer must disregard that mark when determining whether the voter has given their vote to any candidate.A ballot paper will not be treated as void even if voters mark the designated area with something other than a cross or with more than one marking. This is as long as the intention of the voter on which candidate they are voting for is clear, and that the paper is marked in a way that does not identify the voter. Will there be a recount?The returning officer must conduct a recount if the difference between the number of votes for the candidate with the most votes and for any other candidate is 2 per cent or less. This percentage is of the total votes cast, and does not include rejected or tendered votes. According to the ELD website, tendered ballot papers are issued to individuals who insist on voting even after the election official informs them that they have already been recorded as having cast their vote. No recounting of overseas votes will be conducted if the votes have no impact on the election outcome.If the overseas votes have an impact on the election results – if the number brings the margin of difference to within 2 per cent between the top two candidates – a recount of the overseas votes will be conducted.How are overseas votes counted?Postal voting for overseas Singaporeans will be used for the first time during the Presidential Election, after changes to election laws were passed earlier this year. There are also 10 overseas polling stations in the following cities: Beijing, Canberra, Dubai, Hong Kong, London, New York, San Francisco, Shanghai, Tokyo and Washington.All ballot papers cast by overseas voters must reach Singapore within 10 days after Polling Day. The returning officer will arrange for the counting of overseas votes to be conducted in the presence of the candidates and their counting agents as soon as practicable after the 10th day from Polling Day.The returning officer may extend the time for overseas votes to reach Singapore by another seven days if two conditions are fulfilled: The total number of overseas voters is material to the election outcome, and the returning officer is satisfied that more time is needed for the overseas votes to reach Singapore in the event of disruptions in overseas postal services.The rules relating to the counting, recounting and rejection of votes cast locally are generally applicable to votes cast at overseas polling stations.For votes cast by post, a pre-count examination of postal voting papers comprising the return envelope with the postal ballot papers enclosed will be conducted to ensure only bona fide postal ballot papers are counted.This will help to sieve out return envelopes that do not meet the criteria to be accepted for counting, such as those torn or with stamps dated on Polling Day or later.When will the results be announced?When counting is completed for all the votes cast, including any recount, the returning officer will tally the number of votes given to each candidate based on the records of counting received. Once this is ascertained, the returning officer will announce the number of votes given to each candidate to the candidates and their principal election agents present at the principal counting centre.If the number of eligible overseas voters is less than the difference between the top two candidates, the returning officer will declare the candidate with the highest number of votes as the elected President.If the number of overseas voters is equal to or more than the difference between the top two candidates, then the returning officer will announce the votes cast locally for each candidate, and the date and venue at which the ballot papers cast overseas will be counted.","news_type":1},"isVote":1,"tweetType":1,"viewCount":403,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9970379643,"gmtCreate":1684080582982,"gmtModify":1684080586777,"author":{"id":"4094706538255210","authorId":"4094706538255210","name":"DavidHTW","avatar":"https://community-static.tradeup.com/news/f4211692e23623de59a502307acbb4cc","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4094706538255210","idStr":"4094706538255210"},"themes":[],"htmlText":"Thanks for the heads up","listText":"Thanks for the heads up","text":"Thanks for the heads up","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9970379643","repostId":"2335202640","repostType":4,"repost":{"id":"2335202640","pubTimestamp":1684029371,"share":"https://ttm.financial/m/news/2335202640?lang=&edition=fundamental","pubTime":"2023-05-14 09:56","market":"hk","language":"en","title":"Nio Stock: Sell in May and Stay Away","url":"https://stock-news.laohu8.com/highlight/detail?id=2335202640","media":"InvestorPlace","summary":"Nio (NIO) refuses to reduce the price of its vehicles, which could turn out to be a big mistake.Furt","content":"<html><head></head><body><ul><li><p><strong>Nio</strong> (<strong>NIO</strong>) refuses to reduce the price of its vehicles, which could turn out to be a big mistake.</p></li><li><p>Furthermore, Nio’s April delivery numbers indicate slowing growth.</p></li><li><p>Investors shouldn’t buy NIO stock in May, and might even consider selling it.</p></li></ul><p>At first glance, China-based electric vehicle (EV) manufacturer <strong>Nio’s</strong> (NYSE: <strong>NIO</strong>) April delivery data might seem positive. Yet, it’s essential to dig into the numbers and put them in context before you think about buying NIO stock. Moreover, Nio’s stubborn refusal to budge on the issue of vehicle price cuts is probably a huge mistake.</p><p>Along with the company’s other issues and obstacles, Nio has to deal with fierce competition from rival EV maker <strong>Tesla</strong> (NASDAQ: <strong>TSLA</strong>). This task will only be more difficult if Nio’s management isn’t flexible in its business strategy.</p><p>As Nio stays the course with a questionable business strategy, the automaker’s stakeholders might consider bailing. Otherwise, they could end up underwater on their investment in Nio during the month of May.</p><h2>Nio Won’t Slash Its EV Prices</h2><p>It’s no secret that the global economy isn’t running on all cylinders. Supply chain constraints, geopolitical tensions, sticky inflation, and recession anxiety continue to impact the fragile balance of supply and demand in the EV market.</p><p>Tesla responded to these issues with a well-documented series of price cuts. You may or may not like Tesla, but it’s hard to deny that lowering EV prices should make the company more competitive.</p><p>In stark contrast to Tesla, Nio CEO William Li declared, “For us, we will certainly not join the price war.” Li justified this statement by claiming that Nio’s EVs “are superior to the Model 3 and Model Y in terms of design, technology and performance.”</p><p>Tesla has many fans around the world, and they would very likely disagree with Li’s declaration of Nio’s superiority. Furthermore, Li just doesn’t seem to want to cater to value-seeking customers’ needs. Reportedly, Li asserted that Tesla’s “price reductions lower the EVs’ residual value. Such actions … are simply detrimental to customers.”</p><h2>NIO Stock Falls After Release of Delivery Numbers</h2><p>Financial traders watch closely for Nio’s vehicle delivery numbers, which are typically released on a monthly basis. As it turned out, Nio delivered 10,378 vehicles in March. Did the automaker show improvement in April, though?</p><p>Nio tried to spin its April delivery data as positive, but investors should look at the bigger picture. The company emphasized that its April EV deliveries rose 31.2% year over year. That’s not the whole story, though, as Nio’s 6,658 deliveries for April indicated a sharp slowdown compared to the deliveries in March.</p><p>Notably, NIO stock fell after Nio issued the press release. This is a clear sign that investors weren’t too impressed with the company’s results, as they surely discerned an alarming trend in the delivery data.</p><h2>NIO Stock Is a Sell in May</h2><p>It’s understandable if Nio’s investors insisted that Li should be more responsive and flexible concerning vehicle price reductions. There’s no clear indication, though, that the CEO will actually back down from his policy on price cuts.</p><p>Meanwhile, traders should be wary of Nio’s attempt to put a positive spin on its EV delivery data. So, at the end of the day, it’s wise to steer clear of NIO stock in May.</p></body></html>","source":"investorplace","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>Nio Stock: Sell in May and Stay Away</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\">\nNio Stock: Sell in May and Stay Away\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-05-14 09:56 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2023/05/nio-stock-sell-in-may-and-stay-away/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Nio (NIO) refuses to reduce the price of its vehicles, which could turn out to be a big mistake.Furthermore, Nio’s April delivery numbers indicate slowing growth.Investors shouldn’t buy NIO stock in ...</p>\n\n<a href=\"https://investorplace.com/2023/05/nio-stock-sell-in-may-and-stay-away/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09866":"蔚来-SW","NIO.SI":"蔚来","NIO":"蔚来"},"source_url":"https://investorplace.com/2023/05/nio-stock-sell-in-may-and-stay-away/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2335202640","content_text":"Nio (NIO) refuses to reduce the price of its vehicles, which could turn out to be a big mistake.Furthermore, Nio’s April delivery numbers indicate slowing growth.Investors shouldn’t buy NIO stock in May, and might even consider selling it.At first glance, China-based electric vehicle (EV) manufacturer Nio’s (NYSE: NIO) April delivery data might seem positive. Yet, it’s essential to dig into the numbers and put them in context before you think about buying NIO stock. Moreover, Nio’s stubborn refusal to budge on the issue of vehicle price cuts is probably a huge mistake.Along with the company’s other issues and obstacles, Nio has to deal with fierce competition from rival EV maker Tesla (NASDAQ: TSLA). This task will only be more difficult if Nio’s management isn’t flexible in its business strategy.As Nio stays the course with a questionable business strategy, the automaker’s stakeholders might consider bailing. Otherwise, they could end up underwater on their investment in Nio during the month of May.Nio Won’t Slash Its EV PricesIt’s no secret that the global economy isn’t running on all cylinders. Supply chain constraints, geopolitical tensions, sticky inflation, and recession anxiety continue to impact the fragile balance of supply and demand in the EV market.Tesla responded to these issues with a well-documented series of price cuts. You may or may not like Tesla, but it’s hard to deny that lowering EV prices should make the company more competitive.In stark contrast to Tesla, Nio CEO William Li declared, “For us, we will certainly not join the price war.” Li justified this statement by claiming that Nio’s EVs “are superior to the Model 3 and Model Y in terms of design, technology and performance.”Tesla has many fans around the world, and they would very likely disagree with Li’s declaration of Nio’s superiority. Furthermore, Li just doesn’t seem to want to cater to value-seeking customers’ needs. Reportedly, Li asserted that Tesla’s “price reductions lower the EVs’ residual value. Such actions … are simply detrimental to customers.”NIO Stock Falls After Release of Delivery NumbersFinancial traders watch closely for Nio’s vehicle delivery numbers, which are typically released on a monthly basis. As it turned out, Nio delivered 10,378 vehicles in March. Did the automaker show improvement in April, though?Nio tried to spin its April delivery data as positive, but investors should look at the bigger picture. The company emphasized that its April EV deliveries rose 31.2% year over year. That’s not the whole story, though, as Nio’s 6,658 deliveries for April indicated a sharp slowdown compared to the deliveries in March.Notably, NIO stock fell after Nio issued the press release. This is a clear sign that investors weren’t too impressed with the company’s results, as they surely discerned an alarming trend in the delivery data.NIO Stock Is a Sell in MayIt’s understandable if Nio’s investors insisted that Li should be more responsive and flexible concerning vehicle price reductions. There’s no clear indication, though, that the CEO will actually back down from his policy on price cuts.Meanwhile, traders should be wary of Nio’s attempt to put a positive spin on its EV delivery data. So, at the end of the day, it’s wise to steer clear of NIO stock in May.","news_type":1},"isVote":1,"tweetType":1,"viewCount":318,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9941604697,"gmtCreate":1680177070619,"gmtModify":1680177074600,"author":{"id":"4094706538255210","authorId":"4094706538255210","name":"DavidHTW","avatar":"https://community-static.tradeup.com/news/f4211692e23623de59a502307acbb4cc","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4094706538255210","idStr":"4094706538255210"},"themes":[],"htmlText":"Oooooo","listText":"Oooooo","text":"Oooooo","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9941604697","repostId":"2323798391","repostType":4,"repost":{"id":"2323798391","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":1680174228,"share":"https://ttm.financial/m/news/2323798391?lang=&edition=fundamental","pubTime":"2023-03-30 19:03","market":"us","language":"en","title":"Google Says Microsoft Cloud Practices Are Anti-Competitive","url":"https://stock-news.laohu8.com/highlight/detail?id=2323798391","media":"Reuters","summary":"Alphabet's Google Cloud has accused Microsoft of anti-competitive cloud computing practices and crit","content":"<html><head></head><body><p>Alphabet&#39;s Google Cloud has accused Microsoft of anti-competitive cloud computing practices and criticised imminent deals with several European cloud vendors, saying these do not solve broader concerns about its licensing terms.</p><p>In Google Cloud&#39;s first public comments on Microsoft and its European deals its Vice President Amit Zavery told Reuters the company has raised the issue with antitrust agencies and urged European Union antitrust regulators to take a closer look.</p><p>In response, Microsoft referred to a blogpost in May last year where its president Brad Smith said it &#39;has a healthy number two position when it comes to cloud services, with just over 20 per cent market share of global cloud services revenues&#39;.</p><p>&#34;We are committed to the European Cloud Community and their success,&#34; a Microsoft spokesperson told Reuters on Thursday.</p><p>There is intense rivalry between the two U.S. tech giants in the fast-growing, multi-billion-dollar cloud computing business, where Google trails market leader Amazon and Microsoft.</p><p>The sector has recently drawn greater regulatory scrutiny, including in the United States and in Britain, because of the dominance of a few players and its increasingly critical role as more and more companies shift their services to the cloud.</p><p>Microsoft has offered to change its cloud computing practices in a deal with a few smaller rivals which in turn will suspend their antitrust complaints, a person with direct knowledge of the matter told Reuters this week.</p><p>The move will stave off an EU investigation.</p><p>&#34;Microsoft definitely has a very anti-competitive posture in cloud. They are leveraging a lot of their dominance in the on-premise business as well as Office 365 and Windows to tie Azure and the rest of cloud services and make it hard for customers to have a choice,&#34; Zavery said in an interview late on Wednesday.</p><p>&#34;When we talk to a lot of our customers, they find a lot of these bundling practices, as well as the way they create pricing and licensing restrictions, make it difficult for them to choose other providers,&#34; he added.</p><h3>&#39;UNFAIR ADVANTAGE&#39;</h3><p>Zavery said individual deals struck with several smaller European cloud vendors only benefit Microsoft.</p><p>&#34;They&#39;re selectively kind of buying out those ones who complain and not make those terms available to everyone. So that definitely makes it an unfair advantage to Microsoft and ties the people who complained back to Microsoft anyway,&#34;</p><p>&#34;Whatever they&#39;re offering, there should be terms across for everybody, not just for one or two they&#39;ve chosen and pick, and that shows you that they have so much market power they can kind of go and do those things individually.&#34;</p><p>&#34;My point to the regulators would be that they should look at this holistically, even though one or two vendors might settle doesn&#39;t solve the broader problem. And that&#39;s the problem we need to really resolve, not individual vendors&#39; problems.&#34;</p><p>The European Commission declined to comment.</p><p>Microsoft still faces another EU antitrust complaint from CISPE, whose members include Amazon. The trade group has rejected the Microsoft&#39;s changes.</p><p>Zavery dismissed the suggestion that the issue is merely a spat between Google and Microsoft.</p><p>&#34;The question is not about Google. I just want to make it very clear. It&#39;s the cloud. The premise with cloud was to have an open, flexible way to deploy your software and have customers more choices so that they can run their software in any place they choose to in a much more easy way,&#34; he said.</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>Google Says Microsoft Cloud Practices Are Anti-Competitive</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\">\nGoogle Says Microsoft Cloud Practices Are Anti-Competitive\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\">2023-03-30 19:03</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Alphabet&#39;s Google Cloud has accused Microsoft of anti-competitive cloud computing practices and criticised imminent deals with several European cloud vendors, saying these do not solve broader concerns about its licensing terms.</p><p>In Google Cloud&#39;s first public comments on Microsoft and its European deals its Vice President Amit Zavery told Reuters the company has raised the issue with antitrust agencies and urged European Union antitrust regulators to take a closer look.</p><p>In response, Microsoft referred to a blogpost in May last year where its president Brad Smith said it &#39;has a healthy number two position when it comes to cloud services, with just over 20 per cent market share of global cloud services revenues&#39;.</p><p>&#34;We are committed to the European Cloud Community and their success,&#34; a Microsoft spokesperson told Reuters on Thursday.</p><p>There is intense rivalry between the two U.S. tech giants in the fast-growing, multi-billion-dollar cloud computing business, where Google trails market leader Amazon and Microsoft.</p><p>The sector has recently drawn greater regulatory scrutiny, including in the United States and in Britain, because of the dominance of a few players and its increasingly critical role as more and more companies shift their services to the cloud.</p><p>Microsoft has offered to change its cloud computing practices in a deal with a few smaller rivals which in turn will suspend their antitrust complaints, a person with direct knowledge of the matter told Reuters this week.</p><p>The move will stave off an EU investigation.</p><p>&#34;Microsoft definitely has a very anti-competitive posture in cloud. They are leveraging a lot of their dominance in the on-premise business as well as Office 365 and Windows to tie Azure and the rest of cloud services and make it hard for customers to have a choice,&#34; Zavery said in an interview late on Wednesday.</p><p>&#34;When we talk to a lot of our customers, they find a lot of these bundling practices, as well as the way they create pricing and licensing restrictions, make it difficult for them to choose other providers,&#34; he added.</p><h3>&#39;UNFAIR ADVANTAGE&#39;</h3><p>Zavery said individual deals struck with several smaller European cloud vendors only benefit Microsoft.</p><p>&#34;They&#39;re selectively kind of buying out those ones who complain and not make those terms available to everyone. So that definitely makes it an unfair advantage to Microsoft and ties the people who complained back to Microsoft anyway,&#34;</p><p>&#34;Whatever they&#39;re offering, there should be terms across for everybody, not just for one or two they&#39;ve chosen and pick, and that shows you that they have so much market power they can kind of go and do those things individually.&#34;</p><p>&#34;My point to the regulators would be that they should look at this holistically, even though one or two vendors might settle doesn&#39;t solve the broader problem. And that&#39;s the problem we need to really resolve, not individual vendors&#39; problems.&#34;</p><p>The European Commission declined to comment.</p><p>Microsoft still faces another EU antitrust complaint from CISPE, whose members include Amazon. The trade group has rejected the Microsoft&#39;s changes.</p><p>Zavery dismissed the suggestion that the issue is merely a spat between Google and Microsoft.</p><p>&#34;The question is not about Google. I just want to make it very clear. It&#39;s the cloud. The premise with cloud was to have an open, flexible way to deploy your software and have customers more choices so that they can run their software in any place they choose to in a much more easy way,&#34; he said.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GOOG":"谷歌","GOOGL":"谷歌A","MSFT":"微软"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2323798391","content_text":"Alphabet's Google Cloud has accused Microsoft of anti-competitive cloud computing practices and criticised imminent deals with several European cloud vendors, saying these do not solve broader concerns about its licensing terms.In Google Cloud's first public comments on Microsoft and its European deals its Vice President Amit Zavery told Reuters the company has raised the issue with antitrust agencies and urged European Union antitrust regulators to take a closer look.In response, Microsoft referred to a blogpost in May last year where its president Brad Smith said it 'has a healthy number two position when it comes to cloud services, with just over 20 per cent market share of global cloud services revenues'.\"We are committed to the European Cloud Community and their success,\" a Microsoft spokesperson told Reuters on Thursday.There is intense rivalry between the two U.S. tech giants in the fast-growing, multi-billion-dollar cloud computing business, where Google trails market leader Amazon and Microsoft.The sector has recently drawn greater regulatory scrutiny, including in the United States and in Britain, because of the dominance of a few players and its increasingly critical role as more and more companies shift their services to the cloud.Microsoft has offered to change its cloud computing practices in a deal with a few smaller rivals which in turn will suspend their antitrust complaints, a person with direct knowledge of the matter told Reuters this week.The move will stave off an EU investigation.\"Microsoft definitely has a very anti-competitive posture in cloud. They are leveraging a lot of their dominance in the on-premise business as well as Office 365 and Windows to tie Azure and the rest of cloud services and make it hard for customers to have a choice,\" Zavery said in an interview late on Wednesday.\"When we talk to a lot of our customers, they find a lot of these bundling practices, as well as the way they create pricing and licensing restrictions, make it difficult for them to choose other providers,\" he added.'UNFAIR ADVANTAGE'Zavery said individual deals struck with several smaller European cloud vendors only benefit Microsoft.\"They're selectively kind of buying out those ones who complain and not make those terms available to everyone. So that definitely makes it an unfair advantage to Microsoft and ties the people who complained back to Microsoft anyway,\"\"Whatever they're offering, there should be terms across for everybody, not just for one or two they've chosen and pick, and that shows you that they have so much market power they can kind of go and do those things individually.\"\"My point to the regulators would be that they should look at this holistically, even though one or two vendors might settle doesn't solve the broader problem. And that's the problem we need to really resolve, not individual vendors' problems.\"The European Commission declined to comment.Microsoft still faces another EU antitrust complaint from CISPE, whose members include Amazon. The trade group has rejected the Microsoft's changes.Zavery dismissed the suggestion that the issue is merely a spat between Google and Microsoft.\"The question is not about Google. I just want to make it very clear. It's the cloud. The premise with cloud was to have an open, flexible way to deploy your software and have customers more choices so that they can run their software in any place they choose to in a much more easy way,\" he said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":364,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9941182603,"gmtCreate":1680054954402,"gmtModify":1680054957194,"author":{"id":"4094706538255210","authorId":"4094706538255210","name":"DavidHTW","avatar":"https://community-static.tradeup.com/news/f4211692e23623de59a502307acbb4cc","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4094706538255210","idStr":"4094706538255210"},"themes":[],"htmlText":"Good move!!!","listText":"Good move!!!","text":"Good move!!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9941182603","repostId":"2323560294","repostType":4,"repost":{"id":"2323560294","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":1680049054,"share":"https://ttm.financial/m/news/2323560294?lang=&edition=fundamental","pubTime":"2023-03-29 08:17","market":"us","language":"en","title":"Apple Launches Buy Now, Pay Later Service in US","url":"https://stock-news.laohu8.com/highlight/detail?id=2323560294","media":"Reuters","summary":"NEW YORK - Apple on Tuesday launched its buy now, pay later (BNPL) service in the United States, a m","content":"<html><head></head><body><p>NEW YORK - Apple on Tuesday launched its buy now, pay later (BNPL) service in the United States, a move that is likely to disrupt the financial technology sector dominated by firms like Affirm Holdings and Swedish payments company Klarna.</p><p>The service, Apple Pay Later, will allow users to split purchases into four payments spread over six weeks with no interest or fees, the company said.</p><p>Users can apply for loans between US$50 (S$66) and US$1,000, which can be used for online and in-app purchases made on iPhone and iPad with merchants that accept Apple Pay, according to the company.</p><p>“Apple Pay Later will absolutely wallop some of the other players. Other companies would have taken a look at Apple’s announcement today because they are a ubiquitous name. This will take a bite out of the market share of other players,” said Ms Danni Hewson, head of financial analysis at AJ Bell.</p><p>Ms Hewson added that Apple Pay Later will be a disruptor as consumers are looking for the easiest way to get what they want, as their wallets have been stretched by inflation.</p><p>In 2020, pandemic-related lockdowns turned shoppers to online payment platforms, bolstering demand for fintech companies offering BNPL services, especially to millennials and Gen Z customers.</p><p>Digital payments behemoths including <a href=\"https://laohu8.com/S/PYPL\">PayPal</a> Holdings and <a href=\"https://laohu8.com/S/SQ\">Block</a> have expanded into the sector through acquisitions, while Affirm went public in a multi-billion dollar listing.</p><p>The sector’s fortunes have since turned amid rising interest rates and red hot inflation, that have together dampened purchasing power and forced consumers to tighten their purse strings.</p><p>Apple Pay is accepted by over 85 per cent of US retailers, the company said.</p><p>BNPL firm Affirm Holdings’ shares fell more than 7 per cent, while PayPal was down about 0.8 per cent in Tuesday trading.</p><p><img src=\"https://static.tigerbbs.com/17cb55d204d6de4f815c553d7113f2ef\" tg-width=\"865\" tg-height=\"854\" width=\"100%\" height=\"auto\"/></p><p>Apple Pay Later is enabled through the Mastercard Installments programme, the company said, adding that Goldman Sachs was the issuer of the Mastercard payment credential. REUTERS</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>Apple Launches Buy Now, Pay Later Service in US</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\">\nApple Launches Buy Now, Pay Later Service in US\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\">2023-03-29 08:17</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>NEW YORK - Apple on Tuesday launched its buy now, pay later (BNPL) service in the United States, a move that is likely to disrupt the financial technology sector dominated by firms like Affirm Holdings and Swedish payments company Klarna.</p><p>The service, Apple Pay Later, will allow users to split purchases into four payments spread over six weeks with no interest or fees, the company said.</p><p>Users can apply for loans between US$50 (S$66) and US$1,000, which can be used for online and in-app purchases made on iPhone and iPad with merchants that accept Apple Pay, according to the company.</p><p>“Apple Pay Later will absolutely wallop some of the other players. Other companies would have taken a look at Apple’s announcement today because they are a ubiquitous name. This will take a bite out of the market share of other players,” said Ms Danni Hewson, head of financial analysis at AJ Bell.</p><p>Ms Hewson added that Apple Pay Later will be a disruptor as consumers are looking for the easiest way to get what they want, as their wallets have been stretched by inflation.</p><p>In 2020, pandemic-related lockdowns turned shoppers to online payment platforms, bolstering demand for fintech companies offering BNPL services, especially to millennials and Gen Z customers.</p><p>Digital payments behemoths including <a href=\"https://laohu8.com/S/PYPL\">PayPal</a> Holdings and <a href=\"https://laohu8.com/S/SQ\">Block</a> have expanded into the sector through acquisitions, while Affirm went public in a multi-billion dollar listing.</p><p>The sector’s fortunes have since turned amid rising interest rates and red hot inflation, that have together dampened purchasing power and forced consumers to tighten their purse strings.</p><p>Apple Pay is accepted by over 85 per cent of US retailers, the company said.</p><p>BNPL firm Affirm Holdings’ shares fell more than 7 per cent, while PayPal was down about 0.8 per cent in Tuesday trading.</p><p><img src=\"https://static.tigerbbs.com/17cb55d204d6de4f815c553d7113f2ef\" tg-width=\"865\" tg-height=\"854\" width=\"100%\" height=\"auto\"/></p><p>Apple Pay Later is enabled through the Mastercard Installments programme, the company said, adding that Goldman Sachs was the issuer of the Mastercard payment credential. REUTERS</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果","PYPL":"PayPal","AFRM":"Affirm Holdings, Inc."},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2323560294","content_text":"NEW YORK - Apple on Tuesday launched its buy now, pay later (BNPL) service in the United States, a move that is likely to disrupt the financial technology sector dominated by firms like Affirm Holdings and Swedish payments company Klarna.The service, Apple Pay Later, will allow users to split purchases into four payments spread over six weeks with no interest or fees, the company said.Users can apply for loans between US$50 (S$66) and US$1,000, which can be used for online and in-app purchases made on iPhone and iPad with merchants that accept Apple Pay, according to the company.“Apple Pay Later will absolutely wallop some of the other players. Other companies would have taken a look at Apple’s announcement today because they are a ubiquitous name. This will take a bite out of the market share of other players,” said Ms Danni Hewson, head of financial analysis at AJ Bell.Ms Hewson added that Apple Pay Later will be a disruptor as consumers are looking for the easiest way to get what they want, as their wallets have been stretched by inflation.In 2020, pandemic-related lockdowns turned shoppers to online payment platforms, bolstering demand for fintech companies offering BNPL services, especially to millennials and Gen Z customers.Digital payments behemoths including PayPal Holdings and Block have expanded into the sector through acquisitions, while Affirm went public in a multi-billion dollar listing.The sector’s fortunes have since turned amid rising interest rates and red hot inflation, that have together dampened purchasing power and forced consumers to tighten their purse strings.Apple Pay is accepted by over 85 per cent of US retailers, the company said.BNPL firm Affirm Holdings’ shares fell more than 7 per cent, while PayPal was down about 0.8 per cent in Tuesday trading.Apple Pay Later is enabled through the Mastercard Installments programme, the company said, adding that Goldman Sachs was the issuer of the Mastercard payment credential. REUTERS","news_type":1},"isVote":1,"tweetType":1,"viewCount":268,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9941195043,"gmtCreate":1680018515182,"gmtModify":1680018519023,"author":{"id":"4094706538255210","authorId":"4094706538255210","name":"DavidHTW","avatar":"https://community-static.tradeup.com/news/f4211692e23623de59a502307acbb4cc","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4094706538255210","idStr":"4094706538255210"},"themes":[],"htmlText":"Wow!!! Caution","listText":"Wow!!! Caution","text":"Wow!!! Caution","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9941195043","repostId":"1153808637","repostType":4,"repost":{"id":"1153808637","pubTimestamp":1680015386,"share":"https://ttm.financial/m/news/1153808637?lang=&edition=fundamental","pubTime":"2023-03-28 22:56","market":"hk","language":"en","title":"NIO: Likely Found A New Bottom - FY2023 Projections Still More Than Decent","url":"https://stock-news.laohu8.com/highlight/detail?id=1153808637","media":"Seekingalpha","summary":"SummaryNIO has chosen to stick with its premium branding, opting to refrain from the ongoing price w","content":"<html><head></head><body><h3>Summary</h3><ul><li>NIO has chosen to stick with its premium branding, opting to refrain from the ongoing price wars and staying with its pricing approach.</li><li>However, it is uncertain how successful this strategy may be in attracting consumer demand and sales growth due to the end of EV subsidies and cut-throat competition.</li><li>Combined with NIO&#39;s compressed margins over the next two quarters, the stock may retrace to the March bottom in the intermediate term.</li><li>However, given the CEO&#39;s confidence in achieving FY2023 sales/margin targets, we reckon interested investors may still add the stock at the recent bottom of $8.</li></ul><p>We previously covered NIO Inc. (NYSE:NIO) here, focusing on its rapid expansion in China and the EU through houses/spaces (akin to clubhouses/showrooms), on top of the expansion in its EV model line-ups. This strategy had naturally impacted its gross margins and increased its operating expenses, triggering headwinds to its profitability. However, with the normalization of supply chains and management&#39;s ambitious guidance, we believe we might see the company deliver improved numbers in 2023.</p><p>In this article, we shall discuss NIO&#39;s performance in the recent FQ4&#39;22 earnings call on March 01, 2023. Its deliveries seemed to have decelerated YTD, likely attributed to the intensifying price war in China. The company also reported lower vehicle gross margins, potentially worsening its cash burn and impacting its balance sheet moving forward. Nonetheless, given the CEO&#39;s confidence in achieving FY2023 sales target of 250K EVs, we reckon interested investors may still add the stock at opportunistic levels.</p><h3>The EV Competition Is Only Intensifying</h3><p>NIO had decided not to engage in price wars, as highlighted in its recent FQ4&#39;22 earnings call. However, the company continued to face headwinds in China, attributed to the drastic price cuts initiated by Tesla (TSLA) and followed by XPeng (XPEV) and BYD (OTCPK:BYDDF) thus far.</p><p>While some analysts might have posited that the effects of TSLA&#39;s price cuts had waned in China, the fact of the matter was the company still delivered 33.92K of domestic retail sales in February 2023, expanding by +26.3% from January levels of 26.84K units (-35.9% MoM).</p><p>Unfortunately, the same could not be said about NIO&#39;s deliveries in the first two months of the year. The company delivered 12.15K (+42.9% MoM) of vehicles in February 2023 and 8.5K (-46.2% MoM) in January. The sum amounted to a slower YTD increase of +30.9% YoY, compared to TSLA&#39;s +42.8% YoY and BYD&#39;s +80.8% YoY at 161.96K YTD.</p><p>Part of the decline might also be attributed to the end of the Chinese government&#39;s subsidy and the intensifying competition from various domestic automakers, where there had been nearly 250 models of BEVs by November 2022.</p><p>Demand appeared to be weak in the EU as well, with NIO expecting to only deliver 10K units in FY2023, suggesting underwhelming investment returns in the region. This was attributed to the continuous capital expenditure, such as NIO houses and swap stations in multiple European cities.</p><p>Therefore, the company likely faces more cash burn ahead, due to its compressed margins. The company reported unsatisfactory vehicle margins of 6.8% in FQ4&#39;22, compared to 16.4% in FQ3&#39;22 and 20.9% in FQ4&#39;21. Even after adjusting for the inventory provisions and losses on purchase commitments, the number was still at 13.5% for the latest quarter, suggesting a headwind of -2.9 points QoQ and -7.4 points YoY.</p><p>In the meantime, NIO&#39;s transition to its NT 2.0 platform (next-generational models with improved autonomous driving systems, expanded mileage, and premium pricing strategy) also contributed to the temporarily declining margins.</p><p>In addition, the company recorded a sustained increase in operating expenses by +35.4% QoQ/63.4% YoY to $1.06B in FQ4&#39;22, or expanding by +69.1% YoY to $3.01B for the fiscal year. Given that it only reported a top-line expansion of +25.6% YoY, the cash burn was felt indeed, significantly worsened by the projected deceleration in domestic demand at +30% YoY in 2023, against the +114% reported in 2022.</p><p>Nonetheless, there may be some tailwinds for recovery in NIO&#39;s vehicle margins to 20% by FQ4&#39;23 and 25% in the long term, as highlighted by the management. This is attributed to the higher-margin NT 2.0 models (ES8, ES6, EC6) set for deliveries from FQ2&#39;23 onwards. It also expects lithium prices to decline by -66.5% to RMB 200K by the end of the year, due to the increasing supply globally.</p><p>The CEO still confidently guided for FY2023 total deliveries of up to 250K vehicles recently as well, potentially growing by +104.2% YoY. With the company electing to keep its prices stable and branding premium (with no plans to release lower-priced models), we reckon these may translate to improved margins moving forward, as highlighted by William Li, CEO of NIO, in the recent earnings call:</p><p>For the NIO brand, we do not have any plan to cut the features and functions of product. And I think that, this is consistent of branding and the pricing strategy because of low pricing is not a part of the strategy or the DNA of the new brand. (Seeking Alpha)</p><p>Meanwhile, we understand the market pessimism since its premium branding may work against the waning consumer demand, as the market leaders continue to offer discounts and introduce lower-priced models.</p><p>The same has been observed with Lucid Group (LCID), preferring to compete with long-established legacy players, such as Mercedes Benz (OTCPK:MBGAF, OTCPK:MBGYY) and BMW (OTCPK:BAMXF). While the wealthy may have expanded discretionary spending, delivery numbers have been limited indeed, with the S-Class comprising only 4.4%/15.92K of MBGAF&#39;s 2.05M global deliveries in 2022.</p><p>As a result, it seems NIO&#39;s decision only targets an overly niche segment, potentially alienating the average consumer, especially worsened by the gap between its prices and competitors. On top of that, XPEV&#39;s CEO highlighted that the price war may continue in the near term.</p><p>BYD has also strategically introduced lower-priced vehicles at an average of RMB 150K in 2022, compared to TSLA at RMB 330K and NIO at RMB 400K. Only time may tell how long NIO decides to stick with this premium approach, since BYD&#39;s strategic choice has proved to be a boon to domestic sales growth and consumer demand.</p><p><img src=\"https://static.tigerbbs.com/9e3c28835b5f430511e4b9a699379c59\" tg-width=\"684\" tg-height=\"500\" width=\"100%\" height=\"auto\"/>We believe it is due to the above mentioned factors that the previous November and December 2022 bottom around the $9s have been breached as of early March 2023. With the NIO stock unable to break through the $9 resistance level last week, we reckon there may be more volatility in the short term.</p><p>Therefore, while the stock trades very attractively below its 50-day moving averages, anyone looking to dollar cost average here must proceed with caution.</p><p>NIO is still not expected to record break-even cash flow in the near term, with market analysts projecting positive Free Cash Flow generation only by FY2025 and GAAP profitability by FY2026. While the company still boasts $5.66B in cash/short-term investments by the latest quarter, the cash burn has been obvious, due to the notable declines in its balance sheet by -10% QoQ and -31.3% YoY.</p><p>While we are cautiously optimistic that the company may achieve its FY2023 deliveries and profit margins, we reckon the stock may potentially retrace to the March 2023 bottom of roughly $8 in the short term, due to the uncertain macroeconomic outlook. Investors looking to add NIO may consider adding there, for an improved margin of safety.</p><p>Editor&#39;s Note: This article discusses one or more securities that do not trade on a major U.S. exchange. Please be aware of the risks associated with these stocks.</p></body></html>","source":"seekingalpha","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>NIO: Likely Found A New Bottom - FY2023 Projections Still More Than Decent</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\">\nNIO: Likely Found A New Bottom - FY2023 Projections Still More Than Decent\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-28 22:56 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4590601-nio-likely-found-a-new-bottom-fy2023-projections-decent><strong>Seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryNIO has chosen to stick with its premium branding, opting to refrain from the ongoing price wars and staying with its pricing approach.However, it is uncertain how successful this strategy may ...</p>\n\n<a href=\"https://seekingalpha.com/article/4590601-nio-likely-found-a-new-bottom-fy2023-projections-decent\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来","09866":"蔚来-SW","NIO.SI":"蔚来"},"source_url":"https://seekingalpha.com/article/4590601-nio-likely-found-a-new-bottom-fy2023-projections-decent","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1153808637","content_text":"SummaryNIO has chosen to stick with its premium branding, opting to refrain from the ongoing price wars and staying with its pricing approach.However, it is uncertain how successful this strategy may be in attracting consumer demand and sales growth due to the end of EV subsidies and cut-throat competition.Combined with NIO's compressed margins over the next two quarters, the stock may retrace to the March bottom in the intermediate term.However, given the CEO's confidence in achieving FY2023 sales/margin targets, we reckon interested investors may still add the stock at the recent bottom of $8.We previously covered NIO Inc. (NYSE:NIO) here, focusing on its rapid expansion in China and the EU through houses/spaces (akin to clubhouses/showrooms), on top of the expansion in its EV model line-ups. This strategy had naturally impacted its gross margins and increased its operating expenses, triggering headwinds to its profitability. However, with the normalization of supply chains and management's ambitious guidance, we believe we might see the company deliver improved numbers in 2023.In this article, we shall discuss NIO's performance in the recent FQ4'22 earnings call on March 01, 2023. Its deliveries seemed to have decelerated YTD, likely attributed to the intensifying price war in China. The company also reported lower vehicle gross margins, potentially worsening its cash burn and impacting its balance sheet moving forward. Nonetheless, given the CEO's confidence in achieving FY2023 sales target of 250K EVs, we reckon interested investors may still add the stock at opportunistic levels.The EV Competition Is Only IntensifyingNIO had decided not to engage in price wars, as highlighted in its recent FQ4'22 earnings call. However, the company continued to face headwinds in China, attributed to the drastic price cuts initiated by Tesla (TSLA) and followed by XPeng (XPEV) and BYD (OTCPK:BYDDF) thus far.While some analysts might have posited that the effects of TSLA's price cuts had waned in China, the fact of the matter was the company still delivered 33.92K of domestic retail sales in February 2023, expanding by +26.3% from January levels of 26.84K units (-35.9% MoM).Unfortunately, the same could not be said about NIO's deliveries in the first two months of the year. The company delivered 12.15K (+42.9% MoM) of vehicles in February 2023 and 8.5K (-46.2% MoM) in January. The sum amounted to a slower YTD increase of +30.9% YoY, compared to TSLA's +42.8% YoY and BYD's +80.8% YoY at 161.96K YTD.Part of the decline might also be attributed to the end of the Chinese government's subsidy and the intensifying competition from various domestic automakers, where there had been nearly 250 models of BEVs by November 2022.Demand appeared to be weak in the EU as well, with NIO expecting to only deliver 10K units in FY2023, suggesting underwhelming investment returns in the region. This was attributed to the continuous capital expenditure, such as NIO houses and swap stations in multiple European cities.Therefore, the company likely faces more cash burn ahead, due to its compressed margins. The company reported unsatisfactory vehicle margins of 6.8% in FQ4'22, compared to 16.4% in FQ3'22 and 20.9% in FQ4'21. Even after adjusting for the inventory provisions and losses on purchase commitments, the number was still at 13.5% for the latest quarter, suggesting a headwind of -2.9 points QoQ and -7.4 points YoY.In the meantime, NIO's transition to its NT 2.0 platform (next-generational models with improved autonomous driving systems, expanded mileage, and premium pricing strategy) also contributed to the temporarily declining margins.In addition, the company recorded a sustained increase in operating expenses by +35.4% QoQ/63.4% YoY to $1.06B in FQ4'22, or expanding by +69.1% YoY to $3.01B for the fiscal year. Given that it only reported a top-line expansion of +25.6% YoY, the cash burn was felt indeed, significantly worsened by the projected deceleration in domestic demand at +30% YoY in 2023, against the +114% reported in 2022.Nonetheless, there may be some tailwinds for recovery in NIO's vehicle margins to 20% by FQ4'23 and 25% in the long term, as highlighted by the management. This is attributed to the higher-margin NT 2.0 models (ES8, ES6, EC6) set for deliveries from FQ2'23 onwards. It also expects lithium prices to decline by -66.5% to RMB 200K by the end of the year, due to the increasing supply globally.The CEO still confidently guided for FY2023 total deliveries of up to 250K vehicles recently as well, potentially growing by +104.2% YoY. With the company electing to keep its prices stable and branding premium (with no plans to release lower-priced models), we reckon these may translate to improved margins moving forward, as highlighted by William Li, CEO of NIO, in the recent earnings call:For the NIO brand, we do not have any plan to cut the features and functions of product. And I think that, this is consistent of branding and the pricing strategy because of low pricing is not a part of the strategy or the DNA of the new brand. (Seeking Alpha)Meanwhile, we understand the market pessimism since its premium branding may work against the waning consumer demand, as the market leaders continue to offer discounts and introduce lower-priced models.The same has been observed with Lucid Group (LCID), preferring to compete with long-established legacy players, such as Mercedes Benz (OTCPK:MBGAF, OTCPK:MBGYY) and BMW (OTCPK:BAMXF). While the wealthy may have expanded discretionary spending, delivery numbers have been limited indeed, with the S-Class comprising only 4.4%/15.92K of MBGAF's 2.05M global deliveries in 2022.As a result, it seems NIO's decision only targets an overly niche segment, potentially alienating the average consumer, especially worsened by the gap between its prices and competitors. On top of that, XPEV's CEO highlighted that the price war may continue in the near term.BYD has also strategically introduced lower-priced vehicles at an average of RMB 150K in 2022, compared to TSLA at RMB 330K and NIO at RMB 400K. Only time may tell how long NIO decides to stick with this premium approach, since BYD's strategic choice has proved to be a boon to domestic sales growth and consumer demand.We believe it is due to the above mentioned factors that the previous November and December 2022 bottom around the $9s have been breached as of early March 2023. With the NIO stock unable to break through the $9 resistance level last week, we reckon there may be more volatility in the short term.Therefore, while the stock trades very attractively below its 50-day moving averages, anyone looking to dollar cost average here must proceed with caution.NIO is still not expected to record break-even cash flow in the near term, with market analysts projecting positive Free Cash Flow generation only by FY2025 and GAAP profitability by FY2026. While the company still boasts $5.66B in cash/short-term investments by the latest quarter, the cash burn has been obvious, due to the notable declines in its balance sheet by -10% QoQ and -31.3% YoY.While we are cautiously optimistic that the company may achieve its FY2023 deliveries and profit margins, we reckon the stock may potentially retrace to the March 2023 bottom of roughly $8 in the short term, due to the uncertain macroeconomic outlook. Investors looking to add NIO may consider adding there, for an improved margin of safety.Editor's Note: This article discusses one or more securities that do not trade on a major U.S. exchange. Please be aware of the risks associated with these stocks.","news_type":1},"isVote":1,"tweetType":1,"viewCount":278,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9941192812,"gmtCreate":1680018098837,"gmtModify":1680018107277,"author":{"id":"4094706538255210","authorId":"4094706538255210","name":"DavidHTW","avatar":"https://community-static.tradeup.com/news/f4211692e23623de59a502307acbb4cc","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4094706538255210","idStr":"4094706538255210"},"themes":[],"htmlText":"Woohoo!!!","listText":"Woohoo!!!","text":"Woohoo!!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":16,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9941192812","repostId":"2322264351","repostType":4,"repost":{"id":"2322264351","pubTimestamp":1680017525,"share":"https://ttm.financial/m/news/2322264351?lang=&edition=fundamental","pubTime":"2023-03-28 23:32","market":"us","language":"en","title":"1 Stock-Split Stock Set to Soar 705%, According to Cathie Wood's Ark Invest","url":"https://stock-news.laohu8.com/highlight/detail?id=2322264351","media":"Motley Fool","summary":"Ark Investment Management and Elon Musk see eye to eye on one product opportunity.","content":"<html><head></head><body><p>Stock splits were all the rage in 2022 as some of America&#39;s largest companies sought to shrink their share prices after making substantial gains in the years prior. The move ensured their stock remained accessible to retail investors with small amounts of capital, as well as employees who wanted to participate in share purchase plans.</p><p>In August of last year, electric vehicle powerhouse <a href=\"https://laohu8.com/S/TSLA\">Tesla </a> executed a 3-for-1 split that increased the number of shares on issue threefold and shrank its stock price from $891.30 to $297.10. The stock split alone isn&#39;t a reason to buy Tesla because it hasn&#39;t changed the value of the underlying company, but the company&#39;s fundamentals certainly might be.</p><p>Ark Investment Management, led by technology investor Cathie Wood, believes Tesla stock could soar to $1,533.33 by 2026 on the back of growing demand for electric vehicles, plus the rise of fully autonomous robotaxis. The latter is a key area of focus for CEO Elon Musk, too.</p><p>Given Tesla stock trades around $190 as of this writing, that presents an opportunity for investors to earn a substantial return -- particularly retail investors, thanks to last year&#39;s stock split.</p><h2>Tesla and Ark bet big on robotaxis</h2><p>Tesla is, first and foremost, the world&#39;s largest electric vehicle manufacturer. It delivered 1.3 million cars worldwide in 2022, and it holds a 65% market share in the U.S. alone. While the competition is growing, Tesla might just be getting warmed up because Musk believes the company can produce 20 million vehicles per year by 2030.</p><p>But the EV specialist is also a leading developer of autonomous self-driving software, which is not only a financial opportunity in and of itself, but it paves the way for Tesla&#39;s ambitious plan to build a fleet of robotaxis (slated for release in 2024). On the company&#39;s recent fourth-quarter 2022 earnings call, Musk spoke generally about the potential for fully autonomous cars to create more value than anything in history.</p><p>That&#39;s supported by Ark Invest&#39;s lofty predictions for the autonomous ride-hailing industry. The firm believes that any Tesla vehicle on the road with full self-driving capabilities will have the potential to generate $20,000 in revenue per year by transporting people without human assistance. Overall, Ark Invest is betting autonomous ride-hailing will create $14 trillion in value as soon as 2027, with $4 trillion in annual revenue across the industry.</p><p>Remarkably, Ark Invest says using autonomous taxis could cost as little as $0.25 per mile, which means they have the potential to replace 60% of short-haul flights based on affordability. That&#39;s a big opportunity for Tesla, which has approximately 2.7 million cars on the road collecting data to feed its self-driving models right now -- 10 times more than its closest competitor.</p><h2>Ark Invest is extremely bullish on Tesla stock</h2><p>Ark Invest currently runs eight exchange-traded funds (ETFs) focused on making long-term bets on different segments of the technology sector. Three of those ETFs own a combined $975 million worth of Tesla stock, and it&#39;s the firm&#39;s single largest holding by value -- value that could soar if its bold forecast becomes reality.</p><p>Ark Invest put forward a 2026 price target of $1,533.33 for Tesla stock, which would represent a substantial 705% upside from where it trades today. It also means Tesla would be worth a whopping $5.3 trillion!</p><p>The forecast assumes the EV maker is generating $843 billion in revenue that year, the majority of which would be coming from electric vehicle sales, and 34% from its robotaxi business. But considering Wall Street analysts expect just $103 billion in revenue in 2023, it means the company will have to more than double its revenue in each of 2024, 2025, and 2026.</p><p>That&#39;s ambitious, if not unlikely. Tesla&#39;s own forecasts point to 50% annual growth in vehicle sales, suggesting revenue should increase at roughly the same rate. That&#39;s half the pace of Ark&#39;s estimate, which means its $1,533.33 price target may not be achievable by 2026.</p><p>But that&#39;s not to say it isn&#39;t achievable eventually. In fact, if Tesla does produce 20 million cars per year by 2030 (as Musk predicts), combined with revenue from self-driving software and robotaxis, then there&#39;s every chance Tesla stock can soar to $1,533.33 by the end of this decade.</p></body></html>","source":"fool_stock","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>1 Stock-Split Stock Set to Soar 705%, According to Cathie Wood's Ark Invest</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\">\n1 Stock-Split Stock Set to Soar 705%, According to Cathie Wood's Ark Invest\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-28 23:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2023/03/28/stock-split-stock-soar-cathie-woods-ark-invest/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Stock splits were all the rage in 2022 as some of America's largest companies sought to shrink their share prices after making substantial gains in the years prior. The move ensured their stock ...</p>\n\n<a href=\"https://www.fool.com/investing/2023/03/28/stock-split-stock-soar-cathie-woods-ark-invest/\">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","TSLA":"特斯拉"},"source_url":"https://www.fool.com/investing/2023/03/28/stock-split-stock-soar-cathie-woods-ark-invest/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2322264351","content_text":"Stock splits were all the rage in 2022 as some of America's largest companies sought to shrink their share prices after making substantial gains in the years prior. The move ensured their stock remained accessible to retail investors with small amounts of capital, as well as employees who wanted to participate in share purchase plans.In August of last year, electric vehicle powerhouse Tesla  executed a 3-for-1 split that increased the number of shares on issue threefold and shrank its stock price from $891.30 to $297.10. The stock split alone isn't a reason to buy Tesla because it hasn't changed the value of the underlying company, but the company's fundamentals certainly might be.Ark Investment Management, led by technology investor Cathie Wood, believes Tesla stock could soar to $1,533.33 by 2026 on the back of growing demand for electric vehicles, plus the rise of fully autonomous robotaxis. The latter is a key area of focus for CEO Elon Musk, too.Given Tesla stock trades around $190 as of this writing, that presents an opportunity for investors to earn a substantial return -- particularly retail investors, thanks to last year's stock split.Tesla and Ark bet big on robotaxisTesla is, first and foremost, the world's largest electric vehicle manufacturer. It delivered 1.3 million cars worldwide in 2022, and it holds a 65% market share in the U.S. alone. While the competition is growing, Tesla might just be getting warmed up because Musk believes the company can produce 20 million vehicles per year by 2030.But the EV specialist is also a leading developer of autonomous self-driving software, which is not only a financial opportunity in and of itself, but it paves the way for Tesla's ambitious plan to build a fleet of robotaxis (slated for release in 2024). On the company's recent fourth-quarter 2022 earnings call, Musk spoke generally about the potential for fully autonomous cars to create more value than anything in history.That's supported by Ark Invest's lofty predictions for the autonomous ride-hailing industry. The firm believes that any Tesla vehicle on the road with full self-driving capabilities will have the potential to generate $20,000 in revenue per year by transporting people without human assistance. Overall, Ark Invest is betting autonomous ride-hailing will create $14 trillion in value as soon as 2027, with $4 trillion in annual revenue across the industry.Remarkably, Ark Invest says using autonomous taxis could cost as little as $0.25 per mile, which means they have the potential to replace 60% of short-haul flights based on affordability. That's a big opportunity for Tesla, which has approximately 2.7 million cars on the road collecting data to feed its self-driving models right now -- 10 times more than its closest competitor.Ark Invest is extremely bullish on Tesla stockArk Invest currently runs eight exchange-traded funds (ETFs) focused on making long-term bets on different segments of the technology sector. Three of those ETFs own a combined $975 million worth of Tesla stock, and it's the firm's single largest holding by value -- value that could soar if its bold forecast becomes reality.Ark Invest put forward a 2026 price target of $1,533.33 for Tesla stock, which would represent a substantial 705% upside from where it trades today. It also means Tesla would be worth a whopping $5.3 trillion!The forecast assumes the EV maker is generating $843 billion in revenue that year, the majority of which would be coming from electric vehicle sales, and 34% from its robotaxi business. But considering Wall Street analysts expect just $103 billion in revenue in 2023, it means the company will have to more than double its revenue in each of 2024, 2025, and 2026.That's ambitious, if not unlikely. Tesla's own forecasts point to 50% annual growth in vehicle sales, suggesting revenue should increase at roughly the same rate. That's half the pace of Ark's estimate, which means its $1,533.33 price target may not be achievable by 2026.But that's not to say it isn't achievable eventually. In fact, if Tesla does produce 20 million cars per year by 2030 (as Musk predicts), combined with revenue from self-driving software and robotaxis, then there's every chance Tesla stock can soar to $1,533.33 by the end of this decade.","news_type":1},"isVote":1,"tweetType":1,"viewCount":228,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9943738162,"gmtCreate":1679701403457,"gmtModify":1679701407740,"author":{"id":"4094706538255210","authorId":"4094706538255210","name":"DavidHTW","avatar":"https://community-static.tradeup.com/news/f4211692e23623de59a502307acbb4cc","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4094706538255210","idStr":"4094706538255210"},"themes":[],"htmlText":"Good to know","listText":"Good to know","text":"Good to know","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9943738162","repostId":"2321119662","repostType":4,"repost":{"id":"2321119662","pubTimestamp":1679671200,"share":"https://ttm.financial/m/news/2321119662?lang=&edition=fundamental","pubTime":"2023-03-24 23:20","market":"us","language":"en","title":"Is Tesla Losing a Big Force Behind This Year’s Rally?","url":"https://stock-news.laohu8.com/highlight/detail?id=2321119662","media":"Bloomberg","summary":"Retail traders, who were aggressive buyers, have pulled backFalling conviction comes amid demand con","content":"<html><head></head><body><ul><li>Retail traders, who were aggressive buyers, have pulled back</li><li>Falling conviction comes amid demand concerns, market jitters</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e7305c820e8517acb495baf3018f0a94\" tg-width=\"1000\" tg-height=\"665\" referrerpolicy=\"no-referrer\"/><span>Vehicles for sale at a Tesla store in Vallejo, California. Photographer: David Paul Morris/Bloomberg</span></p><p>A key force behind this year’s rally in Tesla Inc. shares is losing momentum.</p><p>Retail traders whose purchases have helped push the electric-vehicle maker’s stock up 56% in 2023 are pulling back this month amid disappointment over a recent investor day and concerns over the health of the economy.</p><p>Net daily purchases of Tesla shares by individuals have fallen by about three-fourths from a peak of $436 million on March 1, as of Wednesday, according to data from Vanda Research. In fact, retail investors were net sellers of the stock on Tuesday for the first time in nearly a year.</p><p>“After a brief period when Tesla’s stock price looked to be offering decent value, the shares seem to be back in the realm of expensive, and retail investors have stepped back,” said Paul Allison, senior analyst at Finimize Ltd., an investment advice platform owned by Abdrn Plc.</p><p>It’s an about face from mom-and-pop investors, who have often helped to supercharge any Tesla rally through aggressive buying. Their enthusiasm has waned in the wake of the March 1 investor day that lacked specific details on a much-anticipated new vehicle. Since then, the shares have dropped 6.6%, compared with a 0.5% decline in the S&amp;P 500 Index and the Nasdaq 100’s 5.7% gain.</p><p><img src=\"https://static.tigerbbs.com/c3c8dd1bcdca05dd67ed673f3355ca49\" tg-width=\"930\" tg-height=\"523\" referrerpolicy=\"no-referrer\"/></p><p>Caution among retail investors has been fanned lately by fears about problems in the banking industry spreading in the wake of the collapse of Silicon Valley Bank and <a href=\"https://laohu8.com/S/SBNYP\">Signature Bank</a>.</p><p>With such a rich valuation, Tesla is particularly sensitive to any deterioration in investor sentiment. The stock trades at 44 times forward earnings compared with mid-to-high single-digit multiples for General Motors Co. and Ford Motor Co., and even surpassing the Nasdaq 100’s average price-to-earnings ratio of 24.</p><p>“The valuation level relative to the car industry reflects very high expectations for future operating margin and total market share,” said Peter Garnry, head of equity strategy at Saxo Bank A/S. “That is basically the reference point as an investor. You are buying a stock that is priced for almost perfection.”</p><p>Some recent disappointments haven’t played to such a narrative. In addition to the investor day failing to deliver on the hype that had built ahead of it, the company announced another price cut on its most expensive cars, while the US National Highway Traffic Safety Administration opened an investigation over complaints that the steering wheel can fall off certain new Model Y vehicles while in use.</p><p>Wall Street has turned more cautious after the early rally as well, with at least three analysts downgrading the stock just this month.</p><p>Tesla’s “valuation now leaves less room for disappointment,” Berenberg analyst Adrian Yanoshik wrote, while lowering his recommendation to hold from buy early this month.</p><p>A rally in the stock this week — after a credit-rating upgrade that lifted its bonds to investment grade status and some encouraging sales data from China —  highlights how Tesla’s strong momentum can quickly take over whenever the narrative shifts.</p><p>In the near term, first-quarter delivery figures due early next month could also turn sentiment quickly, especially if the numbers show the big price cuts instituted in early January boosted demand. That would also underscore a key advantage that the company has over its rivals, who followed Tesla’s cuts by lowering their own prices.</p><p>“Since Tesla has higher gross margins to begin with, the margins at competitors are more at risk,” said Jerry Braakman, chief investment officer of First American Trust.</p></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>Is Tesla Losing a Big Force Behind This Year’s 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; 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\">\nIs Tesla Losing a Big Force Behind This Year’s Rally?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-24 23:20 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2023-03-24/tesla-is-losing-a-big-force-behind-this-year-s-rally-tech-watch?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Retail traders, who were aggressive buyers, have pulled backFalling conviction comes amid demand concerns, market jittersVehicles for sale at a Tesla store in Vallejo, California. Photographer: David ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-03-24/tesla-is-losing-a-big-force-behind-this-year-s-rally-tech-watch?srnd=markets-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU0082616367.USD":"摩根大通美国科技A（dist）","LU1551013342.USD":"Allianz Income and Growth Cl AMg2 DIS USD","BK4588":"碎股","BK4550":"红杉资本持仓","LU0056508442.USD":"贝莱德世界科技基金A2","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","BK4551":"寇图资本持仓","LU2249611893.SGD":"BNP PARIBAS ENERGY TRANSITION \"CRH\" (SGD) ACC","LU0820561909.HKD":"ALLIANZ INCOME AND GROWTH \"AM\" (HKD) INC","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","LU0234572021.USD":"高盛美国核心股票组合Acc","BK4581":"高盛持仓","LU2063271972.USD":"富兰克林创新领域基金","BK4099":"汽车制造商","BK4511":"特斯拉概念","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","LU0823414478.USD":"法巴经典能源转换基金","BK4548":"巴美列捷福持仓","TSLA":"特斯拉","LU0097036916.USD":"贝莱德美国增长A2 USD","LU0689472784.USD":"安联收益及增长基金Cl AM AT Acc","LU2326559502.SGD":"Natixis Loomis Sayles US Growth Equity P/A SGD-H","LU2087621335.USD":"ALLSPRING GLOBAL FACTOR ENHANCED EQUITY \"A\" (USD) ACC","LU1852331112.SGD":"Blackrock World Technology Fund A2 SGD-H","LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD","LU1861215975.USD":"贝莱德新一代科技基金 A2","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC","BK4528":"SaaS概念","BK4554":"元宇宙及AR概念","LU1548497426.USD":"安联环球人工智能AT Acc","BK4106":"数据处理与外包服务","LU1861558580.USD":"日兴方舟颠覆性创新基金B","LU0820561818.USD":"安联收益及增长平衡基金Cl AM DIS","LU1861220033.SGD":"Blackrock Next Generation Technology A2 SGD-H","BK4585":"ETF&股票定投概念","BK4534":"瑞士信贷持仓","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","BK4555":"新能源车","BK4533":"AQR资本管理(全球第二大对冲基金)","LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","LU2357305700.SGD":"Allianz Global Artificial Intelligence ET H2-SGD","LU0234570918.USD":"高盛全球核心股票组合Acc Close","LU1429558221.USD":"Natixis Loomis Sayles US Growth Equity RA USD","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD","LU1839511570.USD":"WELLS FARGO GLOBAL FACTOR ENHANCED EQUITY \"I\" (USD) ACC","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","BK4527":"明星科技股"},"source_url":"https://www.bloomberg.com/news/articles/2023-03-24/tesla-is-losing-a-big-force-behind-this-year-s-rally-tech-watch?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2321119662","content_text":"Retail traders, who were aggressive buyers, have pulled backFalling conviction comes amid demand concerns, market jittersVehicles for sale at a Tesla store in Vallejo, California. Photographer: David Paul Morris/BloombergA key force behind this year’s rally in Tesla Inc. shares is losing momentum.Retail traders whose purchases have helped push the electric-vehicle maker’s stock up 56% in 2023 are pulling back this month amid disappointment over a recent investor day and concerns over the health of the economy.Net daily purchases of Tesla shares by individuals have fallen by about three-fourths from a peak of $436 million on March 1, as of Wednesday, according to data from Vanda Research. In fact, retail investors were net sellers of the stock on Tuesday for the first time in nearly a year.“After a brief period when Tesla’s stock price looked to be offering decent value, the shares seem to be back in the realm of expensive, and retail investors have stepped back,” said Paul Allison, senior analyst at Finimize Ltd., an investment advice platform owned by Abdrn Plc.It’s an about face from mom-and-pop investors, who have often helped to supercharge any Tesla rally through aggressive buying. Their enthusiasm has waned in the wake of the March 1 investor day that lacked specific details on a much-anticipated new vehicle. Since then, the shares have dropped 6.6%, compared with a 0.5% decline in the S&P 500 Index and the Nasdaq 100’s 5.7% gain.Caution among retail investors has been fanned lately by fears about problems in the banking industry spreading in the wake of the collapse of Silicon Valley Bank and Signature Bank.With such a rich valuation, Tesla is particularly sensitive to any deterioration in investor sentiment. The stock trades at 44 times forward earnings compared with mid-to-high single-digit multiples for General Motors Co. and Ford Motor Co., and even surpassing the Nasdaq 100’s average price-to-earnings ratio of 24.“The valuation level relative to the car industry reflects very high expectations for future operating margin and total market share,” said Peter Garnry, head of equity strategy at Saxo Bank A/S. “That is basically the reference point as an investor. You are buying a stock that is priced for almost perfection.”Some recent disappointments haven’t played to such a narrative. In addition to the investor day failing to deliver on the hype that had built ahead of it, the company announced another price cut on its most expensive cars, while the US National Highway Traffic Safety Administration opened an investigation over complaints that the steering wheel can fall off certain new Model Y vehicles while in use.Wall Street has turned more cautious after the early rally as well, with at least three analysts downgrading the stock just this month.Tesla’s “valuation now leaves less room for disappointment,” Berenberg analyst Adrian Yanoshik wrote, while lowering his recommendation to hold from buy early this month.A rally in the stock this week — after a credit-rating upgrade that lifted its bonds to investment grade status and some encouraging sales data from China —  highlights how Tesla’s strong momentum can quickly take over whenever the narrative shifts.In the near term, first-quarter delivery figures due early next month could also turn sentiment quickly, especially if the numbers show the big price cuts instituted in early January boosted demand. That would also underscore a key advantage that the company has over its rivals, who followed Tesla’s cuts by lowering their own prices.“Since Tesla has higher gross margins to begin with, the margins at competitors are more at risk,” said Jerry Braakman, chief investment officer of First American Trust.","news_type":1},"isVote":1,"tweetType":1,"viewCount":281,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9955949265,"gmtCreate":1675166968157,"gmtModify":1676538981015,"author":{"id":"4094706538255210","authorId":"4094706538255210","name":"DavidHTW","avatar":"https://community-static.tradeup.com/news/f4211692e23623de59a502307acbb4cc","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4094706538255210","idStr":"4094706538255210"},"themes":[],"htmlText":"Thats great!!!","listText":"Thats great!!!","text":"Thats great!!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9955949265","repostId":"2307165077","repostType":4,"repost":{"id":"2307165077","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":1675165259,"share":"https://ttm.financial/m/news/2307165077?lang=&edition=fundamental","pubTime":"2023-01-31 19:40","market":"us","language":"en","title":"Tesla Raises Spending Plan As It Looks to Ramp up Production","url":"https://stock-news.laohu8.com/highlight/detail?id=2307165077","media":"Reuters","summary":"(Reuters) - Tesla Inc said on Tuesday it expects capital expenditure to increase next year as the El","content":"<html><head></head><body><p>(Reuters) - <a href=\"https://laohu8.com/S/TSLA\">Tesla Inc</a> said on Tuesday it expects capital expenditure to increase next year as the Elon Musk-led electric-vehicle maker ramps up production of its new battery cell and the Semi heavy-duty truck.</p><p>Shares of the company were down 1.8% in premarket trading.</p><p>The company expects to spend between $7 billion and $9 billion in 2024 and 2025, compared with $6.00 billion to $8.00 billion this year, it said in a regulatory filing.</p><p>The filing comes days after the company unveiled plans to expand its factory in Nevada.</p><p>Last year, the company said it expected to invest $6 billion to $8 billion in 2023 and 2024.</p><p>Tesla expects to spend $3.6 billion on the Nevada plant expansion and comes as it aims to produce 50,000 Semi-electric trucks in 2024.</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 Raises Spending Plan As It Looks to Ramp up Production</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 Raises Spending Plan As It Looks to Ramp up Production\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\">2023-01-31 19:40</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>(Reuters) - <a href=\"https://laohu8.com/S/TSLA\">Tesla Inc</a> said on Tuesday it expects capital expenditure to increase next year as the Elon Musk-led electric-vehicle maker ramps up production of its new battery cell and the Semi heavy-duty truck.</p><p>Shares of the company were down 1.8% in premarket trading.</p><p>The company expects to spend between $7 billion and $9 billion in 2024 and 2025, compared with $6.00 billion to $8.00 billion this year, it said in a regulatory filing.</p><p>The filing comes days after the company unveiled plans to expand its factory in Nevada.</p><p>Last year, the company said it expected to invest $6 billion to $8 billion in 2023 and 2024.</p><p>Tesla expects to spend $3.6 billion on the Nevada plant expansion and comes as it aims to produce 50,000 Semi-electric trucks in 2024.</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":"2307165077","content_text":"(Reuters) - Tesla Inc said on Tuesday it expects capital expenditure to increase next year as the Elon Musk-led electric-vehicle maker ramps up production of its new battery cell and the Semi heavy-duty truck.Shares of the company were down 1.8% in premarket trading.The company expects to spend between $7 billion and $9 billion in 2024 and 2025, compared with $6.00 billion to $8.00 billion this year, it said in a regulatory filing.The filing comes days after the company unveiled plans to expand its factory in Nevada.Last year, the company said it expected to invest $6 billion to $8 billion in 2023 and 2024.Tesla expects to spend $3.6 billion on the Nevada plant expansion and comes as it aims to produce 50,000 Semi-electric trucks in 2024.","news_type":1},"isVote":1,"tweetType":1,"viewCount":353,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9955917489,"gmtCreate":1675132541941,"gmtModify":1676538978286,"author":{"id":"4094706538255210","authorId":"4094706538255210","name":"DavidHTW","avatar":"https://community-static.tradeup.com/news/f4211692e23623de59a502307acbb4cc","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4094706538255210","idStr":"4094706538255210"},"themes":[],"htmlText":"Good call","listText":"Good call","text":"Good call","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":11,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9955917489","repostId":"1147905501","repostType":4,"repost":{"id":"1147905501","pubTimestamp":1675123436,"share":"https://ttm.financial/m/news/1147905501?lang=&edition=fundamental","pubTime":"2023-01-31 08:03","market":"us","language":"en","title":"Tesla: Calm Before The Interest Rate Storm","url":"https://stock-news.laohu8.com/highlight/detail?id=1147905501","media":"Seeking Alpha","summary":"SummaryWe seek to quantify the adverse effect of interest rate increases on demand and pricing power","content":"<html><head></head><body><h2>Summary</h2><ul><li>We seek to quantify the adverse effect of interest rate increases on demand and pricing power for Tesla, Inc.</li><li>We look at some of Musk&#39;s more troubling statements, about Federal Reserve policy, the recession and other overlooked factors.</li><li>Investors may want to stay cautious, as Tesla could face more headwinds than seems obvious, despite last week&#39;s strong rally.</li><li>Despite the strong headwinds, there is still a strong case to be made for Tesla&#39;s future dominance in energy, robotics, AI and self-driving, albeit sacrificing a margin of safety.</li></ul><p><img src=\"https://static.tigerbbs.com/f4d54f6d64a49f3f5870fd3eb35006ad\" tg-width=\"750\" tg-height=\"484\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Tesla, Inc. (NASDAQ:TSLA) soared last week after its earnings call, from a low of $101.20 three weeks ago, and rebounded 76.85% to a share price of $178.97. The earnings call contained many subtle, yet very important and alarming clues that seemed to be rather overlooked by most.</p><p>We will explain why investors may want to tread carefully with Tesla, Inc., and perhaps wait for volatility to subside, due to the impact of higher interest rates and an impending consumer recession, which has not yet fully sunk in.</p><h2>Demand Headwinds?</h2><p>In terms of demand, the question right now is not necessarily whether Tesla will have enough demand, but rather how much pricing power they have vis-à-vis their 2023 output. Gross margin is a very important factor in that calculation.</p><p>If we look at Tesla&#39;sgross margins, they peaked at 32.9% in Q1 2022, and dropped to about 25.9% in Q4. That&#39;s quite a difference, because in Q1 Tesla did $16.86BN in sales, and $21.31BN in Q4, but made the same gross revenue attributable to such margin decline. Fortunately, Tesla has tremendous operating leverage, with OpEx. remaining almost miraculously flat over the past few years.</p><p><img src=\"https://static.tigerbbs.com/929b45b1bb1ca3ceeee75edbdbe8ccb8\" tg-width=\"640\" tg-height=\"384\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>TIKR Terminal</p><p>But the reduction in gross margin does signal to us that demand may not be as elastic as previously estimated by Tesla executives. We think thenext platform, where we could see vehicles produced for $25,000 or $30,000, will be crucial if Tesla wants to drive up profits, and make up for it in volume, given that the market for premium EVs is only so big.</p><p>As for margins, an analyst asked during the call about rumors that gross margins for cars would fall below 20% and that the average selling price (ASP) would fall below $47,000 after price cuts, to which management replied:</p><blockquote>So there is certainly a lot of uncertainty about how the year will unfold, but I&#39;ll share what&#39;s in our current forecast for a moment. So based upon these metrics here, we believe that we&#39;ll be above both of the metrics that are stated in the question, so 20% automotive gross margin, excluding leases and rent credits and then $47,000 ASP across all models. (Zachary Kirkhorn, CFO)</blockquote><p>Management also confirmed its intentions to produce 1.8 million vehicles by 2023, so we take all those 3 parameters in this valuation to set out the low bar of what Tesla definitely expects to deliver in terms of results. We think this is a conservative approach given the many uncertainties. At 1.8 million units, an ASP of $47k and a gross margin of 20%, that would mean $16.92BN in gross profit. If OpEx increased linearly as it has over the past 2 years, we would expect about $8BN in OpEx, which would bring operating income to about $8.92BN.</p><p>In our view, that is a scenario that could play out in a fairly severe recession, but it has been set as a benchmark by Tesla itself, which they could certainly beat. The reason we put that scenario on the table is mostly due toour foresightabout where the economy is going, and Elon Musk&#39;s comments. Currently, in terms of car sales, bothin Europeandthe U.S., things don&#39;t look so bleak. Fortunately, EVs are the least dirty shirt of all, still going strong.</p><p><img src=\"https://static.tigerbbs.com/91b93ec37a29e3b4ee254dce4c9a4efc\" tg-width=\"640\" tg-height=\"384\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>TIKR Terminal</p><p>We think Elon has also already given some small hints about what the automotive landscape looks like at the moment, sort of implying that he would not be surprised if Tesla shares fell to &#34;surprisingly low levels.&#34;</p><blockquote>As I said in the last call, there&#39;s going to be bumps along the way and we&#39;ll probably have a pretty difficult recession this year, probably. I hope not, but probably. And so, one can&#39;t predict the short-term sort of stock value, because when there&#39;s a recession and people panic and the stock market then prices of stocks, worth<b>value of stocks can drop sometimes to surprisingly low levels</b>. (Emphasis added.)</blockquote><p>About a recession, he had the following to say:</p><blockquote>Yes. My guess is, if there is --<b>if the recession is a serious one and I think it probably will be</b>, but I hope it isn&#39;t, that would lead to meaningful decreases in almost all of our input costs. So we expect to see deflation in our input costs most likely, which would then lead to, yes, better margin. I&#39;m just guessing here. So, this is -- that would be my guess. (Emphasis added.)</blockquote><p>Consequently, Elon Musk also thinks the U.S. is on the brink of a severe recession. Despite such comments, investors did not seem to act cautiously, especially after seeing the stock rise 75%+ in no time.</p><p>We think this volatility will persist. On the other hand, there is a possibility, that when we enter a recession, commodity prices tend to fall, as Elon thinks. On the other hand,according to strategists, commodity price inflation accelerates the world&#39;s transition away from fossil fuels by making renewables more competitive.</p><p><img src=\"https://static.tigerbbs.com/e879cc424aa6818a93210c38629c1b5a\" tg-width=\"635\" tg-height=\"417\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>Data byYCharts</p><p>We doubt that statement a bit, because the demand for certain commodities such as lithium and copper has a very different dynamic now than in the past, while the demand for lithium-ion batteries and energy storage currently seems essentially infinite. Tesla itself is working toward 1,000 GWh.</p><p>That&#39;s still a long way off, as production of 1.31 million vehicles in 2022 would have required about 100 GWh+, according to our estimate. If Tesla were to exponentially double its lithium production, along with every other automaker, we believe it would be difficult to see production drop significantly, as we believe demand will continue to outstrip supply for quite some time.</p><p>However, management also seems to believe that these types of commodities are expected to remain high in 2023.</p><blockquote>On the raw materials and inflation side, where<b>lithium is the large driver there and this was a meaningful source of cost increase for us, we&#39;ll have to see where lithium prices go</b>. And we&#39;re not fully exposed to lithium prices, but I think in general, is what we&#39;ve seen from our forecast here, cost per car of lithium in 2023 will be higher than 2022. So that&#39;s a headwind that would have to be overcome to return back to those levels. (Emphasis added.)</blockquote><h2>Near-Term Valuation</h2><p>In the field of investing, there is a well-known saying that goes: look down, not up. This implies that investors should always strive to minimize the loss of principal. With that in mind, we will examine what the downside might look like under stressful conditions, as we saw in late 2022.</p><p>The usual indicators of economic turmoil, such as the 2-10-year yield curve or the3-month 10-yearyield curve, are deeply inverted, most since the 1980s. Combined with two consecutive quarters of negative GDP and a large amount of excess liquidity being withdrawn from the monetary system, and thelong and variable lagsof monetary policy, this will create interesting conditions in the 2H 2022.</p><p><img src=\"https://static.tigerbbs.com/2a429bb67866c69349254583b0022343\" tg-width=\"640\" tg-height=\"247\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Federal Reserve (FRED)</p><p>However, going back to the bear case of about $8.92BN in operating income, we think investors are still willing to assign a higher multiple to the stock, as has been the case in the past. Tesla has always traded at a premium, whether that is because of its growth or an upbeat outlook is for another debate.</p><p>At a multiple of 30x, the stock would come out at $267.6BN, or only $84.74 in a rather worst-case scenario, closer to the $101.20 of 3 weeks ago. However, there is something to be said that it could be even lower if we look at statistics such as free cash flow. Tesla generated $7.6BN in FCF, currently trading at nearly 74x 2022 FCF, while it had industry-leading margins especially in 1H.</p><p>It is hard to find other companies at the same level as Tesla, producing the same output when it comes to EVs. In our opinion, BYD (OTCPK:BYDDF) comes closest to Tesla,which produced911,140 EVs with pure batteries, or 1.86 million total plug-in vehicles. We understand that Chinese companies have been trading at a discount to U.S. stocks lately, due to geopolitical factors, although the discrepancy with Tesla is much larger compared to, say, other U.S. tech stocks versus Chinese tech stocks. TheHang Senghas a P/E ratio of 12.43 compared to21.76 for the S&amp;P 500(SPY).</p><p>On an LTM basis, BYD had $6.15BN in FCF, similar to Tesla as you can see in the chart below, but the company only hasa market capof $106.7BN. This means that, taking into account the U.S. stock premium, some might justify a valuation closer to $200BN, in times of distress. Or, as Musk would say, in a recession &#34;the value of stocks can sometimes fall to surprisingly low levels.&#34;</p><p><img src=\"https://static.tigerbbs.com/4bdc9e9abcaea70f14ab8b7b1a7546dc\" tg-width=\"640\" tg-height=\"384\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>TIKR Terminal</p><p>If it ever gets close to BYD&#39;s relative valuation, and that bridge is closed, we do not rule out a scenario in which Tesla could touch that $200BN market cap, or $63.34 per share. That is mainly why we are currently giving a hold rating, because the risk of losing principal in the short to medium term could be quite high, in a market that is still in its early stages.</p><p>We have also not yet seen the impact of competition on margins, as they are extremelyslow in their transitionto EVs, not counting certain Chinese EV manufacturers. Here&#39;s what management had to say about their Chinese competitors:</p><blockquote>In the vehicle space, even though the market is shrinking, we&#39;re growing and EVs have doubled almost year-over-year. So, like it ever keeps up with the trend of EVs is going to be our competitor.<b>The Chinese are scary; we always say that</b>. (Emphasis added.)</blockquote><p>Elon also gave his input:</p><blockquote>I think we have a lot of respect for the car companies in China. They are the most competitive in the world, that is our experience and the Chinese market, it is the most competitive. They work the hardest and they work the smartest, that&#39;s so for the China car companies that we&#39;re competing against. And so we would guess, there are probably some company out of China<b>as the most likely to be second to Tesla</b>. (Emphasis added.)</blockquote><p>The issue of a buyback has also been on the table since Tesla was trading well above $200 but did not break through because they wanted to play it safe, with a potentially severe recession around the corner. About their $20BN balance sheet, he had the following to say:</p><blockquote>The cash is earning a ridiculous return, a good return. So it&#39;s like nontrivial. And the interest rate actually in the $20 billion is earning like quite a good amount.</blockquote><p><img src=\"https://static.tigerbbs.com/b02559674a92712ba5d9641d9bdfc757\" tg-width=\"635\" tg-height=\"417\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>Data byYCharts</p><p>On the one hand, it seems a bit paradoxical to us. Currently, the highestinterest rateis 4.79% on a 6-month Treasury note, it&#39;s a bit strange to call that a good amount compared to the promised 50% revenue growth from Elon and his team. Though, we can totally see why Tesla doesn&#39;t want to do a buyback after the bouts they had in2008and2018, nearly bankrupt.</p><p>But having no confidence inissuing a buyback, and havingsold $40BNworth of shares himself, doesn&#39;t exactly scream downside protection and &#34;extremely undervalued&#34; stock to us.</p><p>Interest Rate Headwinds</p><p>About interest rates and the Federal Reserve, Elon had something remarkable to say toward the end of the talk that we don&#39;t think anyone really spoke about. He said the following:</p><blockquote>I&#39;ve made this point on Twitter a few times. I&#39;m sure a lot of people on this call understand the fact -- the basic value of a security is a function of the risk-free rate or<b>we&#39;ll see how risk-free it really is</b>but the T-bill rate. So if you&#39;ve got -- I think the -- I recall correctly, the S&amp;P 500 has a long-term rate of return of roughly 6%. And so I think that needs to be very cautious about having Fed rates that potentially exceeds 6%. (Emphasis added.)</blockquote><p>The suggestion that &#34;we&#39;ll see how risk-free it really is&#34; caught us somewhat by surprise, but it does confirm that serious economic turmoil is imminent. Or perhaps it refers to ahypothetical first defaultby the U.S. of the $31.4T debt ceiling recently reached.</p><p>Outside an economic downturn, we personally consider it likely that other events will occur as unintended consequences, such as a liquidity crunch like March 2020, turmoil in the Treasury market or something that might break through, such as the shadow banking/ Eurodollar system. Ray Dalio also warnedearlier this weekthat the dollar-dominated world order is &#34;fading.&#34;</p><p>So when it comes to policy mistakes, we believe the risks are higher than ever. Remember that interest rate hikes take at least12 monthsto have a widespread economic effect, and 18 months to be fully felt. Inflation is already starting to fall, and these increases at a record pace are not likely to be fully felt until 2H 2023. It may be in the interest of Tesla and the economy if the Fed proceeds cautiously.</p><p><img src=\"https://static.tigerbbs.com/5aa0af10c51a1332ede890af1bed82d7\" tg-width=\"640\" tg-height=\"247\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Federal Reserve (FRED)</p><p>Interest rates and auto loans, as a function of GDP, at about 5.5% of GDP, have almost never been higher. Consumer debt in general is at historically high levels. The impact of a Federal Funds rate above 5% can be felt harder, knowing that in the past, debt was much lower than GDP when interest rates were even higher.</p><p>Applying this specifically to Tesla, there is a significant headwind that these higher rates create. We have not yet experienced interest rates being raised this far from near zero, but the effect on auto loans is already starting to be felt.</p><p>The chart below shows the correlation between the Federal Funds Rate in red, thefinancing rateon 48-month auto loans in blue and total auto sales in green.</p><p><img src=\"https://static.tigerbbs.com/4f8932fd5b55cac7c05931b71c9d768c\" tg-width=\"640\" tg-height=\"247\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Federal Reserve (FRED)</p><p>The first thing to note is that there is usually a 3% spread between Federal Funds and loan rates, unless the interest rate is close to zero. If we have a Federal Funds rate of 5%, it is reasonable to estimate that loan rates will be near 8%, if not higher.</p><p>Auto loans have been around 4.5% for the past 8 years. That difference will be felt. For example, if we take a standard Model Y, at 4.5% you would end up paying about $7,880 in interest, versus $14,470.</p><p><img src=\"https://static.tigerbbs.com/93e566a927b8e559d42c884c638f4cbc\" tg-width=\"640\" tg-height=\"348\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Auto Loan Calculator</p><p>That&#39;s a difference of about $6590, or a 10.45% increase in the total price when purchased with a loan, due to higher rates. Without taking into account the possibility of declining car sales due to higher unemployment, etc.</p><p><img src=\"https://static.tigerbbs.com/8a41a6ef086dc379f5059a0879c5c176\" tg-width=\"640\" tg-height=\"345\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Auto Loan Calculator</p><p>On Tesla&#39;s website in the US you can currently get an APR of 5.34%, and in the EU we could find a rate of about 2% APR on a standard Model Y. For people with lower credit scores trying to buyan affordable car, the impact is even greater. As the Fedand ECBcontinue to raise interest rates, we see this as a serious headwind.</p><blockquote>As you raise the price, the percentage of people that can afford the car starts to drop exponentially. (Elon Musk,Tesla owners Silicon Valley podcast)</blockquote><h2>Energy Is Currency</h2><p>Aside from the relative valuation and near-term headwinds, we also would not sell or short Tesla at these prices. With near infinite demand for green and renewable energy storage, Tesla&#39;s headwinds in vehicle demand may soon turn into tailwinds as an energy manufacturer.</p><p>For reference, over the past more than 10 years, the cost of lithium-ion batteries has fallen, according to Wright&#39;s Law. That means that for every cumulative doubling of the number of units produced, the cost falls by a constant percentage. At about $100/kWh, EVs reach the samesticker priceas internal combustion vehicles, and it no longer becomes economically justifiable to buy those ICE vehicles, since both the initial selling price and the cost of ownership are cheaper for EVs.</p><p><img src=\"https://static.tigerbbs.com/70b7b82478006efc000031a08f00eabe\" tg-width=\"640\" tg-height=\"320\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Author&#39;s Graph (Bloomberg Data)</p><p>Prices currentlyaverage $151/kWh, although some manufacturers in China were already close to $100/kWh by 2022. Recently, commodity prices have heavily depressed the natural decline in battery cell prices. During the Q3 earnings call, Elon Musk told investors that once the 4680 battery cell is fully integrated, he believes there is a path to $70 per kWh cell.</p><p><img src=\"https://static.tigerbbs.com/28a9861bf0db45a6592fb4d1869c5131\" tg-width=\"640\" tg-height=\"360\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Bloomberg</p><p>What&#39;s crazy is that, with the &#34;inflation reduction act&#34;, Tesla as a manufacturer of battery cells could receive credits worth $35/kWh. They currently work together with Panasonic and had this to say:</p><blockquote>In the case of Panasonic domestic manufacturing, we&#39;re splitting the value of the credits. So it -- the value of credits this year will not be gigantic, but I think it could be gigantic -- we think it probably will be very significant in the future. (Elon Musk, Q4)</blockquote><p>At 500 GWh, for example, those credits alone would be worth $17.5BN. Not only would that be a game changer, it would make Tesla one of the leaders in mass production of batteries. We think this is crucial, because we firmly believe that the future will be a combination ofbattery cells, wind and solar.</p><p>This could certainly be a case like Amazon, which some analysts were bearish about in the early 2000s because Amazon&#39;s business model then had low margins as an Internet wholesaler. Just as Tesla could see its margins shrink, we believe they will continue to use their cash flow and technological edge to expand as a conglomerate in the areas of energy, robotics, artificial and perhaps self-driving.</p><p>In Tesla&#39;s case, it&#39;s a positive feedback loop, even in terms of AI and computing power. Even if it fails to maintain its industry-leading operating margins, they still have the benefit of their AI, data collection, energy and manufacturing/ automation. When training AI models, if you have access to a world-class team, renewable energy,computing(Dojo) and robotics, you are well-prepared to lead in the AI race as well.</p><blockquote>As we mentioned many times before, we want to be the best manufacturer. But really, manufacturing technology will be our most important long-term strength. (Elon Musk, Q4 Call)</blockquote><h2>The Bottom Line</h2><p>With a consumer recession around the corner, ahawkish Fed, and uncertainty surrounding Tesla&#39;s pricing power, it may be a good idea to exercise some caution and not chase trends and volatility. On the other hand, much can be said about Tesla&#39;s important long-term outlook.</p><p>One thing is certain: if it&#39;s bad for Tesla, imagine what it will be like for all the other legacy car manufacturers who riddled in debt and have not been in this situation since before 2008.... Here is a quote from the earnings call to sum everything up, about if interest rates were to get closer to 6%:</p><blockquote>Basically, the Fed is the risk of crushing the value of all equities, which is quite a serious, danger. (Elon Musk, Q4 Call)</blockquote></body></html>","source":"seekingalpha_fund","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: Calm Before The Interest Rate Storm</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: Calm Before The Interest Rate Storm\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-01-31 08:03 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4573523-tesla-calm-before-the-interest-rate-storm><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryWe seek to quantify the adverse effect of interest rate increases on demand and pricing power for Tesla, Inc.We look at some of Musk's more troubling statements, about Federal Reserve policy, ...</p>\n\n<a href=\"https://seekingalpha.com/article/4573523-tesla-calm-before-the-interest-rate-storm\">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/4573523-tesla-calm-before-the-interest-rate-storm","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1147905501","content_text":"SummaryWe seek to quantify the adverse effect of interest rate increases on demand and pricing power for Tesla, Inc.We look at some of Musk's more troubling statements, about Federal Reserve policy, the recession and other overlooked factors.Investors may want to stay cautious, as Tesla could face more headwinds than seems obvious, despite last week's strong rally.Despite the strong headwinds, there is still a strong case to be made for Tesla's future dominance in energy, robotics, AI and self-driving, albeit sacrificing a margin of safety.Tesla, Inc. (NASDAQ:TSLA) soared last week after its earnings call, from a low of $101.20 three weeks ago, and rebounded 76.85% to a share price of $178.97. The earnings call contained many subtle, yet very important and alarming clues that seemed to be rather overlooked by most.We will explain why investors may want to tread carefully with Tesla, Inc., and perhaps wait for volatility to subside, due to the impact of higher interest rates and an impending consumer recession, which has not yet fully sunk in.Demand Headwinds?In terms of demand, the question right now is not necessarily whether Tesla will have enough demand, but rather how much pricing power they have vis-à-vis their 2023 output. Gross margin is a very important factor in that calculation.If we look at Tesla'sgross margins, they peaked at 32.9% in Q1 2022, and dropped to about 25.9% in Q4. That's quite a difference, because in Q1 Tesla did $16.86BN in sales, and $21.31BN in Q4, but made the same gross revenue attributable to such margin decline. Fortunately, Tesla has tremendous operating leverage, with OpEx. remaining almost miraculously flat over the past few years.TIKR TerminalBut the reduction in gross margin does signal to us that demand may not be as elastic as previously estimated by Tesla executives. We think thenext platform, where we could see vehicles produced for $25,000 or $30,000, will be crucial if Tesla wants to drive up profits, and make up for it in volume, given that the market for premium EVs is only so big.As for margins, an analyst asked during the call about rumors that gross margins for cars would fall below 20% and that the average selling price (ASP) would fall below $47,000 after price cuts, to which management replied:So there is certainly a lot of uncertainty about how the year will unfold, but I'll share what's in our current forecast for a moment. So based upon these metrics here, we believe that we'll be above both of the metrics that are stated in the question, so 20% automotive gross margin, excluding leases and rent credits and then $47,000 ASP across all models. (Zachary Kirkhorn, CFO)Management also confirmed its intentions to produce 1.8 million vehicles by 2023, so we take all those 3 parameters in this valuation to set out the low bar of what Tesla definitely expects to deliver in terms of results. We think this is a conservative approach given the many uncertainties. At 1.8 million units, an ASP of $47k and a gross margin of 20%, that would mean $16.92BN in gross profit. If OpEx increased linearly as it has over the past 2 years, we would expect about $8BN in OpEx, which would bring operating income to about $8.92BN.In our view, that is a scenario that could play out in a fairly severe recession, but it has been set as a benchmark by Tesla itself, which they could certainly beat. The reason we put that scenario on the table is mostly due toour foresightabout where the economy is going, and Elon Musk's comments. Currently, in terms of car sales, bothin Europeandthe U.S., things don't look so bleak. Fortunately, EVs are the least dirty shirt of all, still going strong.TIKR TerminalWe think Elon has also already given some small hints about what the automotive landscape looks like at the moment, sort of implying that he would not be surprised if Tesla shares fell to \"surprisingly low levels.\"As I said in the last call, there's going to be bumps along the way and we'll probably have a pretty difficult recession this year, probably. I hope not, but probably. And so, one can't predict the short-term sort of stock value, because when there's a recession and people panic and the stock market then prices of stocks, worthvalue of stocks can drop sometimes to surprisingly low levels. (Emphasis added.)About a recession, he had the following to say:Yes. My guess is, if there is --if the recession is a serious one and I think it probably will be, but I hope it isn't, that would lead to meaningful decreases in almost all of our input costs. So we expect to see deflation in our input costs most likely, which would then lead to, yes, better margin. I'm just guessing here. So, this is -- that would be my guess. (Emphasis added.)Consequently, Elon Musk also thinks the U.S. is on the brink of a severe recession. Despite such comments, investors did not seem to act cautiously, especially after seeing the stock rise 75%+ in no time.We think this volatility will persist. On the other hand, there is a possibility, that when we enter a recession, commodity prices tend to fall, as Elon thinks. On the other hand,according to strategists, commodity price inflation accelerates the world's transition away from fossil fuels by making renewables more competitive.Data byYChartsWe doubt that statement a bit, because the demand for certain commodities such as lithium and copper has a very different dynamic now than in the past, while the demand for lithium-ion batteries and energy storage currently seems essentially infinite. Tesla itself is working toward 1,000 GWh.That's still a long way off, as production of 1.31 million vehicles in 2022 would have required about 100 GWh+, according to our estimate. If Tesla were to exponentially double its lithium production, along with every other automaker, we believe it would be difficult to see production drop significantly, as we believe demand will continue to outstrip supply for quite some time.However, management also seems to believe that these types of commodities are expected to remain high in 2023.On the raw materials and inflation side, wherelithium is the large driver there and this was a meaningful source of cost increase for us, we'll have to see where lithium prices go. And we're not fully exposed to lithium prices, but I think in general, is what we've seen from our forecast here, cost per car of lithium in 2023 will be higher than 2022. So that's a headwind that would have to be overcome to return back to those levels. (Emphasis added.)Near-Term ValuationIn the field of investing, there is a well-known saying that goes: look down, not up. This implies that investors should always strive to minimize the loss of principal. With that in mind, we will examine what the downside might look like under stressful conditions, as we saw in late 2022.The usual indicators of economic turmoil, such as the 2-10-year yield curve or the3-month 10-yearyield curve, are deeply inverted, most since the 1980s. Combined with two consecutive quarters of negative GDP and a large amount of excess liquidity being withdrawn from the monetary system, and thelong and variable lagsof monetary policy, this will create interesting conditions in the 2H 2022.Federal Reserve (FRED)However, going back to the bear case of about $8.92BN in operating income, we think investors are still willing to assign a higher multiple to the stock, as has been the case in the past. Tesla has always traded at a premium, whether that is because of its growth or an upbeat outlook is for another debate.At a multiple of 30x, the stock would come out at $267.6BN, or only $84.74 in a rather worst-case scenario, closer to the $101.20 of 3 weeks ago. However, there is something to be said that it could be even lower if we look at statistics such as free cash flow. Tesla generated $7.6BN in FCF, currently trading at nearly 74x 2022 FCF, while it had industry-leading margins especially in 1H.It is hard to find other companies at the same level as Tesla, producing the same output when it comes to EVs. In our opinion, BYD (OTCPK:BYDDF) comes closest to Tesla,which produced911,140 EVs with pure batteries, or 1.86 million total plug-in vehicles. We understand that Chinese companies have been trading at a discount to U.S. stocks lately, due to geopolitical factors, although the discrepancy with Tesla is much larger compared to, say, other U.S. tech stocks versus Chinese tech stocks. TheHang Senghas a P/E ratio of 12.43 compared to21.76 for the S&P 500(SPY).On an LTM basis, BYD had $6.15BN in FCF, similar to Tesla as you can see in the chart below, but the company only hasa market capof $106.7BN. This means that, taking into account the U.S. stock premium, some might justify a valuation closer to $200BN, in times of distress. Or, as Musk would say, in a recession \"the value of stocks can sometimes fall to surprisingly low levels.\"TIKR TerminalIf it ever gets close to BYD's relative valuation, and that bridge is closed, we do not rule out a scenario in which Tesla could touch that $200BN market cap, or $63.34 per share. That is mainly why we are currently giving a hold rating, because the risk of losing principal in the short to medium term could be quite high, in a market that is still in its early stages.We have also not yet seen the impact of competition on margins, as they are extremelyslow in their transitionto EVs, not counting certain Chinese EV manufacturers. Here's what management had to say about their Chinese competitors:In the vehicle space, even though the market is shrinking, we're growing and EVs have doubled almost year-over-year. So, like it ever keeps up with the trend of EVs is going to be our competitor.The Chinese are scary; we always say that. (Emphasis added.)Elon also gave his input:I think we have a lot of respect for the car companies in China. They are the most competitive in the world, that is our experience and the Chinese market, it is the most competitive. They work the hardest and they work the smartest, that's so for the China car companies that we're competing against. And so we would guess, there are probably some company out of Chinaas the most likely to be second to Tesla. (Emphasis added.)The issue of a buyback has also been on the table since Tesla was trading well above $200 but did not break through because they wanted to play it safe, with a potentially severe recession around the corner. About their $20BN balance sheet, he had the following to say:The cash is earning a ridiculous return, a good return. So it's like nontrivial. And the interest rate actually in the $20 billion is earning like quite a good amount.Data byYChartsOn the one hand, it seems a bit paradoxical to us. Currently, the highestinterest rateis 4.79% on a 6-month Treasury note, it's a bit strange to call that a good amount compared to the promised 50% revenue growth from Elon and his team. Though, we can totally see why Tesla doesn't want to do a buyback after the bouts they had in2008and2018, nearly bankrupt.But having no confidence inissuing a buyback, and havingsold $40BNworth of shares himself, doesn't exactly scream downside protection and \"extremely undervalued\" stock to us.Interest Rate HeadwindsAbout interest rates and the Federal Reserve, Elon had something remarkable to say toward the end of the talk that we don't think anyone really spoke about. He said the following:I've made this point on Twitter a few times. I'm sure a lot of people on this call understand the fact -- the basic value of a security is a function of the risk-free rate orwe'll see how risk-free it really isbut the T-bill rate. So if you've got -- I think the -- I recall correctly, the S&P 500 has a long-term rate of return of roughly 6%. And so I think that needs to be very cautious about having Fed rates that potentially exceeds 6%. (Emphasis added.)The suggestion that \"we'll see how risk-free it really is\" caught us somewhat by surprise, but it does confirm that serious economic turmoil is imminent. Or perhaps it refers to ahypothetical first defaultby the U.S. of the $31.4T debt ceiling recently reached.Outside an economic downturn, we personally consider it likely that other events will occur as unintended consequences, such as a liquidity crunch like March 2020, turmoil in the Treasury market or something that might break through, such as the shadow banking/ Eurodollar system. Ray Dalio also warnedearlier this weekthat the dollar-dominated world order is \"fading.\"So when it comes to policy mistakes, we believe the risks are higher than ever. Remember that interest rate hikes take at least12 monthsto have a widespread economic effect, and 18 months to be fully felt. Inflation is already starting to fall, and these increases at a record pace are not likely to be fully felt until 2H 2023. It may be in the interest of Tesla and the economy if the Fed proceeds cautiously.Federal Reserve (FRED)Interest rates and auto loans, as a function of GDP, at about 5.5% of GDP, have almost never been higher. Consumer debt in general is at historically high levels. The impact of a Federal Funds rate above 5% can be felt harder, knowing that in the past, debt was much lower than GDP when interest rates were even higher.Applying this specifically to Tesla, there is a significant headwind that these higher rates create. We have not yet experienced interest rates being raised this far from near zero, but the effect on auto loans is already starting to be felt.The chart below shows the correlation between the Federal Funds Rate in red, thefinancing rateon 48-month auto loans in blue and total auto sales in green.Federal Reserve (FRED)The first thing to note is that there is usually a 3% spread between Federal Funds and loan rates, unless the interest rate is close to zero. If we have a Federal Funds rate of 5%, it is reasonable to estimate that loan rates will be near 8%, if not higher.Auto loans have been around 4.5% for the past 8 years. That difference will be felt. For example, if we take a standard Model Y, at 4.5% you would end up paying about $7,880 in interest, versus $14,470.Auto Loan CalculatorThat's a difference of about $6590, or a 10.45% increase in the total price when purchased with a loan, due to higher rates. Without taking into account the possibility of declining car sales due to higher unemployment, etc.Auto Loan CalculatorOn Tesla's website in the US you can currently get an APR of 5.34%, and in the EU we could find a rate of about 2% APR on a standard Model Y. For people with lower credit scores trying to buyan affordable car, the impact is even greater. As the Fedand ECBcontinue to raise interest rates, we see this as a serious headwind.As you raise the price, the percentage of people that can afford the car starts to drop exponentially. (Elon Musk,Tesla owners Silicon Valley podcast)Energy Is CurrencyAside from the relative valuation and near-term headwinds, we also would not sell or short Tesla at these prices. With near infinite demand for green and renewable energy storage, Tesla's headwinds in vehicle demand may soon turn into tailwinds as an energy manufacturer.For reference, over the past more than 10 years, the cost of lithium-ion batteries has fallen, according to Wright's Law. That means that for every cumulative doubling of the number of units produced, the cost falls by a constant percentage. At about $100/kWh, EVs reach the samesticker priceas internal combustion vehicles, and it no longer becomes economically justifiable to buy those ICE vehicles, since both the initial selling price and the cost of ownership are cheaper for EVs.Author's Graph (Bloomberg Data)Prices currentlyaverage $151/kWh, although some manufacturers in China were already close to $100/kWh by 2022. Recently, commodity prices have heavily depressed the natural decline in battery cell prices. During the Q3 earnings call, Elon Musk told investors that once the 4680 battery cell is fully integrated, he believes there is a path to $70 per kWh cell.BloombergWhat's crazy is that, with the \"inflation reduction act\", Tesla as a manufacturer of battery cells could receive credits worth $35/kWh. They currently work together with Panasonic and had this to say:In the case of Panasonic domestic manufacturing, we're splitting the value of the credits. So it -- the value of credits this year will not be gigantic, but I think it could be gigantic -- we think it probably will be very significant in the future. (Elon Musk, Q4)At 500 GWh, for example, those credits alone would be worth $17.5BN. Not only would that be a game changer, it would make Tesla one of the leaders in mass production of batteries. We think this is crucial, because we firmly believe that the future will be a combination ofbattery cells, wind and solar.This could certainly be a case like Amazon, which some analysts were bearish about in the early 2000s because Amazon's business model then had low margins as an Internet wholesaler. Just as Tesla could see its margins shrink, we believe they will continue to use their cash flow and technological edge to expand as a conglomerate in the areas of energy, robotics, artificial and perhaps self-driving.In Tesla's case, it's a positive feedback loop, even in terms of AI and computing power. Even if it fails to maintain its industry-leading operating margins, they still have the benefit of their AI, data collection, energy and manufacturing/ automation. When training AI models, if you have access to a world-class team, renewable energy,computing(Dojo) and robotics, you are well-prepared to lead in the AI race as well.As we mentioned many times before, we want to be the best manufacturer. But really, manufacturing technology will be our most important long-term strength. (Elon Musk, Q4 Call)The Bottom LineWith a consumer recession around the corner, ahawkish Fed, and uncertainty surrounding Tesla's pricing power, it may be a good idea to exercise some caution and not chase trends and volatility. On the other hand, much can be said about Tesla's important long-term outlook.One thing is certain: if it's bad for Tesla, imagine what it will be like for all the other legacy car manufacturers who riddled in debt and have not been in this situation since before 2008.... Here is a quote from the earnings call to sum everything up, about if interest rates were to get closer to 6%:Basically, the Fed is the risk of crushing the value of all equities, which is quite a serious, danger. (Elon Musk, Q4 Call)","news_type":1},"isVote":1,"tweetType":1,"viewCount":252,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9952723731,"gmtCreate":1675013200724,"gmtModify":1676538970151,"author":{"id":"4094706538255210","authorId":"4094706538255210","name":"DavidHTW","avatar":"https://community-static.tradeup.com/news/f4211692e23623de59a502307acbb4cc","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4094706538255210","idStr":"4094706538255210"},"themes":[],"htmlText":"Woohoo!!!","listText":"Woohoo!!!","text":"Woohoo!!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9952723731","repostId":"2306404062","repostType":4,"repost":{"id":"2306404062","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1674861391,"share":"https://ttm.financial/m/news/2306404062?lang=&edition=fundamental","pubTime":"2023-01-28 07:16","market":"us","language":"en","title":"Tesla Stock Jumps 11% to Best Week in a Decade","url":"https://stock-news.laohu8.com/highlight/detail?id=2306404062","media":"Dow Jones","summary":"Tesla Inc. stock extended its rally on Friday, pushing weekly gains to 33%, as investors cheered the","content":"<html><head></head><body><p>Tesla Inc. stock extended its rally on Friday, pushing weekly gains to 33%, as investors cheered the EV maker&#39;s earnings and top executive Elon Musk&#39;s assurances that demand is not a problem at Tesla.</p><p>Tesla shares were on pace for their highest close since Dec. 9, when they closed at $179.05. The stock also extended its winning streak to a sixth day, up 41% in that span.</p><p>The weekly gains are on track for the best since the week ended May 10, 2013 when the stock rose 40.7%.</p><p>Tesla on Wednesday reported mixed quarterly results, with revenue slightly below Wall Street expectations, but Wall Street has focused on the optimism in Tesla&#39;s production outlook for 2023.</p><p>Chief Executive Elon Musk also said he wanted to put the &#34;concern to rest&#34; that Tesla is going through demand problems. January orders are stronger than ever, and demand far outstrips Tesla&#39;s rate of production.</p><p>Tesla earlier this month cut prices for its EVs in the U.S. and Europe by as much as 20% depending on region and model, but Musk said that the price cuts would broaden Tesla vehicles&#39; appeal to buyers.</p><p>Other well-received news on Wednesday included the announcement that a &#34;next generation&#34; vehicle platform is in the wings, with details at the Tesla investor day on March 1, and that production of the Cybertruck, Tesla&#39;s electric pickup, is on track for later this year and for volume production in 2024.</p><p>On Friday, Morgan Stanley&#39;s Adam Jonas added his voice to those thinking the price cuts, far from being a sign of trouble for the EV maker, may have ushered a new era in EVs and a &#34;great deflation.&#34;</p><p>&#34;While it&#39;s still early days following the Tesla price cuts, we believe history will reflect upon this time as the moment when changes in design, manufacturing technology, and scale enabled profound deflation in the price of EVs,&#34; Jonas said.</p><p>Changes in industry composition and market share may take years to play out, &#34;but we believe the EV forecasts and manufacturing plans of competing EV players (startup and legacy) may potentially need to be fundamentally reconceived,&#34; he said.</p><p>Deflation &#34;transformed the automotive competitive landscape,&#34; and prices fell even more sharply after Ford Motor Co. introduced its Model T and revamped its assembly line, Jonas said.</p><p>Tesla shares still have to catch up to the broader market, however. The shares are down about 35% in the last 12 months, compared with losses of around 5% for the S&amp;P 500 index.</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 Stock Jumps 11% to Best Week in a Decade</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 Stock Jumps 11% to Best Week in a Decade\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/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2023-01-28 07:16</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Tesla Inc. stock extended its rally on Friday, pushing weekly gains to 33%, as investors cheered the EV maker&#39;s earnings and top executive Elon Musk&#39;s assurances that demand is not a problem at Tesla.</p><p>Tesla shares were on pace for their highest close since Dec. 9, when they closed at $179.05. The stock also extended its winning streak to a sixth day, up 41% in that span.</p><p>The weekly gains are on track for the best since the week ended May 10, 2013 when the stock rose 40.7%.</p><p>Tesla on Wednesday reported mixed quarterly results, with revenue slightly below Wall Street expectations, but Wall Street has focused on the optimism in Tesla&#39;s production outlook for 2023.</p><p>Chief Executive Elon Musk also said he wanted to put the &#34;concern to rest&#34; that Tesla is going through demand problems. January orders are stronger than ever, and demand far outstrips Tesla&#39;s rate of production.</p><p>Tesla earlier this month cut prices for its EVs in the U.S. and Europe by as much as 20% depending on region and model, but Musk said that the price cuts would broaden Tesla vehicles&#39; appeal to buyers.</p><p>Other well-received news on Wednesday included the announcement that a &#34;next generation&#34; vehicle platform is in the wings, with details at the Tesla investor day on March 1, and that production of the Cybertruck, Tesla&#39;s electric pickup, is on track for later this year and for volume production in 2024.</p><p>On Friday, Morgan Stanley&#39;s Adam Jonas added his voice to those thinking the price cuts, far from being a sign of trouble for the EV maker, may have ushered a new era in EVs and a &#34;great deflation.&#34;</p><p>&#34;While it&#39;s still early days following the Tesla price cuts, we believe history will reflect upon this time as the moment when changes in design, manufacturing technology, and scale enabled profound deflation in the price of EVs,&#34; Jonas said.</p><p>Changes in industry composition and market share may take years to play out, &#34;but we believe the EV forecasts and manufacturing plans of competing EV players (startup and legacy) may potentially need to be fundamentally reconceived,&#34; he said.</p><p>Deflation &#34;transformed the automotive competitive landscape,&#34; and prices fell even more sharply after Ford Motor Co. introduced its Model T and revamped its assembly line, Jonas said.</p><p>Tesla shares still have to catch up to the broader market, however. The shares are down about 35% in the last 12 months, compared with losses of around 5% for the S&amp;P 500 index.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU2063271972.USD":"富兰克林创新领域基金","BK4585":"ETF&股票定投概念","BK4534":"瑞士信贷持仓","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","BK4533":"AQR资本管理(全球第二大对冲基金)","LU0823414478.USD":"法巴经典能源转换基金","BK4555":"新能源车","LU0097036916.USD":"贝莱德美国增长A2 USD","LU0689472784.USD":"安联收益及增长基金Cl AM AT Acc","LU2087621335.USD":"ALLSPRING GLOBAL FACTOR ENHANCED EQUITY \"A\" (USD) ACC","LU1852331112.SGD":"Blackrock World Technology Fund A2 SGD-H","LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD","LU1861215975.USD":"贝莱德新一代科技基金 A2","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC","BK4527":"明星科技股","LU1548497426.USD":"安联环球人工智能AT Acc","LU1861220033.SGD":"Blackrock Next Generation Technology A2 SGD-H","LU1861558580.USD":"日兴方舟颠覆性创新基金B","LU0820561818.USD":"安联收益及增长平衡基金Cl AM DIS","BK4550":"红杉资本持仓","LU1551013425.SGD":"Allianz Income and Growth Cl AMg2 DIS H2-SGD","TSLA":"特斯拉","BK4574":"无人驾驶","BK4551":"寇图资本持仓","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","BK4581":"高盛持仓","LU0943347566.SGD":"安联收益及增长平衡基金AM H2-SGD","LU0234570918.USD":"高盛全球核心股票组合Acc Close","LU2357305700.SGD":"Allianz Global Artificial Intelligence ET H2-SGD","LU1839511570.USD":"WELLS FARGO GLOBAL FACTOR ENHANCED EQUITY \"I\" (USD) ACC","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD","BK4099":"汽车制造商","BK4511":"特斯拉概念","LU0082616367.USD":"摩根大通美国科技A（dist）","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","LU0823411888.USD":"法巴消费创新基金 Cap","LU1551013342.USD":"Allianz Income and Growth Cl AMg2 DIS USD","BK4548":"巴美列捷福持仓","LU0056508442.USD":"贝莱德世界科技基金A2","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","LU0234572021.USD":"高盛美国核心股票组合Acc","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","LU2249611893.SGD":"BNP PARIBAS ENERGY TRANSITION \"CRH\" (SGD) ACC","LU0820561909.HKD":"ALLIANZ INCOME AND GROWTH \"AM\" (HKD) INC"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2306404062","content_text":"Tesla Inc. stock extended its rally on Friday, pushing weekly gains to 33%, as investors cheered the EV maker's earnings and top executive Elon Musk's assurances that demand is not a problem at Tesla.Tesla shares were on pace for their highest close since Dec. 9, when they closed at $179.05. The stock also extended its winning streak to a sixth day, up 41% in that span.The weekly gains are on track for the best since the week ended May 10, 2013 when the stock rose 40.7%.Tesla on Wednesday reported mixed quarterly results, with revenue slightly below Wall Street expectations, but Wall Street has focused on the optimism in Tesla's production outlook for 2023.Chief Executive Elon Musk also said he wanted to put the \"concern to rest\" that Tesla is going through demand problems. January orders are stronger than ever, and demand far outstrips Tesla's rate of production.Tesla earlier this month cut prices for its EVs in the U.S. and Europe by as much as 20% depending on region and model, but Musk said that the price cuts would broaden Tesla vehicles' appeal to buyers.Other well-received news on Wednesday included the announcement that a \"next generation\" vehicle platform is in the wings, with details at the Tesla investor day on March 1, and that production of the Cybertruck, Tesla's electric pickup, is on track for later this year and for volume production in 2024.On Friday, Morgan Stanley's Adam Jonas added his voice to those thinking the price cuts, far from being a sign of trouble for the EV maker, may have ushered a new era in EVs and a \"great deflation.\"\"While it's still early days following the Tesla price cuts, we believe history will reflect upon this time as the moment when changes in design, manufacturing technology, and scale enabled profound deflation in the price of EVs,\" Jonas said.Changes in industry composition and market share may take years to play out, \"but we believe the EV forecasts and manufacturing plans of competing EV players (startup and legacy) may potentially need to be fundamentally reconceived,\" he said.Deflation \"transformed the automotive competitive landscape,\" and prices fell even more sharply after Ford Motor Co. introduced its Model T and revamped its assembly line, Jonas said.Tesla shares still have to catch up to the broader market, however. The shares are down about 35% in the last 12 months, compared with losses of around 5% for the S&P 500 index.","news_type":1},"isVote":1,"tweetType":1,"viewCount":134,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9952213227,"gmtCreate":1674739671570,"gmtModify":1676538956203,"author":{"id":"4094706538255210","authorId":"4094706538255210","name":"DavidHTW","avatar":"https://community-static.tradeup.com/news/f4211692e23623de59a502307acbb4cc","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4094706538255210","idStr":"4094706538255210"},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9952213227","repostId":"2306374584","repostType":4,"repost":{"id":"2306374584","pubTimestamp":1674704147,"share":"https://ttm.financial/m/news/2306374584?lang=&edition=fundamental","pubTime":"2023-01-26 11:35","market":"us","language":"en","title":"Musk’s Big Tesla Growth Target Is a Problem","url":"https://stock-news.laohu8.com/highlight/detail?id=2306374584","media":"Bloomberg","summary":"The company’s forecast for vehicle production falls short of estimates and its focus on compound ann","content":"<html><head></head><body><p>The company’s forecast for vehicle production falls short of estimates and its focus on compound annual growth obscures 2023’s sharp slowdown.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/dd372c6dfdeb7ea5e5e34553c906e643\" tg-width=\"1000\" tg-height=\"728\" width=\"100%\" height=\"auto\"/><span>Tesla CEO Elon Musk has been testifying in a lawsuit over 2018 tweets saying he was taking Tesla private with funding secured. Photographer: Justin Sullivan/Getty Images North America</span></p><p>It pays to parse the language of any company’s earnings report, but perhaps more so for Tesla Inc. You could say it’s in the corporate genes. After all, Chief Executive Elon Musk has spent much of the past several days trying to convince a jury that he really did have “funding secured” in 2018. That’s despite his mooted multi-billion dollar take-private deal seeming to have had less in the way of documented pre-approvals than your average household mortgage application.</p><p>The line that caught my eye on Wednesday evening concerned guidance, with Tesla aiming to produce 1.8 million vehicles this year and, thereby, “remain ahead of the long-term 50% CAGR,” or compound annual growth rate. For a couple of years, Tesla has said it aims to grow annual production by half, on average, over a “multi-year horizon.” Compare that 2023 target with 2020’s output of just over half-a-million and you do indeed get a compounded growth rate of more than 50%. But actual growth<i>this</i>year looks set to be 31%.</p><p>Let’s acknowledge that is still phenomenal for any reasonably sized autos manufacturer. Just five years ago, Tesla produced only about 250,000 vehicles.</p><p>But the tell here is the language, with Tesla going out of its way to emphasize that, technically, it will remain true to the “multi-year” target despite growth slowing sharply. Certainly, it has slowed more sharply than expected: The consensus forecast for 2023 is 1.95 million. Which gets at why Tesla likely felt the need for a growth-secured moment.</p><p>The disappointing fourth-quarter deliveries and price cuts that have unnerved investors over the past month or so fed through to Wednesday’s results. Inventory jumped and implied average selling prices, excluding leased vehicles and regulatory credits, dipped under $52,000, their lowest in a year. Even that figure was boosted by roughly $800 via the recognition of $324 million of deferred revenue linked to Tesla’s generously named Full Self Driving package. Gross profit per vehicle sold, at about $12,300, was the lowest in almost two years. Free cash flow dropped by a third, year-over-year, well shy of forecasts.</p><p>This is not surprising, but it is troubling. It isn’t surprising because companies chasing growth quite often run into the problem of boosting capacity faster than sales. Tesla produced 1.37 million vehicles last year but lists capacity of more than 1.9 million, with new and expanded factories expected in markets from Mexico to Indonesia.</p><p>It is troubling because, despite the collapse in Tesla’s stock over the past year or so, it still trades at a 77% premium to the S&amp;P 500 based on multiples of forward earnings estimates — estimates that look vulnerable after these results. Tesla remains priced for growth, but the growth story comes with the caveats of using average multi-year percentages and evident reliance on price cuts. The latter are especially inimical to Tesla’s aura because price cuts to move product are what you get from regular old car companies that trade on single-digit earnings multiples (Tesla’s is 32 times).</p><p>Even worse, regular old car companies haven’t been cutting prices of late, despite lower deliveries. This owes partly to the pandemic-related disruption of supply chains, leaving dealer lots sparse and giving the industry a relatively rare dose of pricing power. The likes of Ford Motor Co. took this on board in terms of aligning production more closely with sales. That is, in effect, the opposite of what’s happened with Tesla as it chases growth.</p><p>During Wednesday evening’s Q&amp;A, Musk touted Tesla’s AI capabilities. Framing Tesla as being more than an autos company has long been an effective way of boosting its valuation — albeit less effective of late. This year’s challenge for Tesla won’t be delivering robotaxis or a walking robot. It will be dealing with soft demand amid a potential recession that Musk seems to regard as all but certain. For investors who have just undergone a year of deflating expectations, it will be bracing for another dose.</p></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>Musk’s Big Tesla Growth Target Is a Problem</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\">\nMusk’s Big Tesla Growth Target Is a Problem\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-01-26 11:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/opinion/articles/2023-01-26/musk-s-big-tesla-growth-target-is-a-problem><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The company’s forecast for vehicle production falls short of estimates and its focus on compound annual growth obscures 2023’s sharp slowdown.Tesla CEO Elon Musk has been testifying in a lawsuit over ...</p>\n\n<a href=\"https://www.bloomberg.com/opinion/articles/2023-01-26/musk-s-big-tesla-growth-target-is-a-problem\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU0689472784.USD":"安联收益及增长基金Cl AM AT Acc","LU2087621335.USD":"ALLSPRING GLOBAL FACTOR ENHANCED EQUITY \"A\" (USD) ACC","BK4585":"ETF&股票定投概念","LU0097036916.USD":"贝莱德美国增长A2 USD","BK4534":"瑞士信贷持仓","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","BK4555":"新能源车","LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC","BK4533":"AQR资本管理(全球第二大对冲基金)","LU1548497426.USD":"安联环球人工智能AT Acc","LU1244550221.USD":"FRANKLIN GLOBAL MULTI-ASSET  INCOME \"A\" (USDHEDGED) INC (M)","LU1861558580.USD":"日兴方舟颠覆性创新基金B","LU1839511570.USD":"WELLS FARGO GLOBAL FACTOR ENHANCED EQUITY \"I\" (USD) ACC","LU0820561818.USD":"安联收益及增长平衡基金Cl AM DIS","BK4114":"综合货品商店","LU1551013425.SGD":"Allianz Income and Growth Cl AMg2 DIS H2-SGD","LU1244550494.USD":"FRANKLIN GLOBAL MULTI-ASSET INCOME \"A\" (USDHEDGED) ACC","BK4527":"明星科技股","BK4550":"红杉资本持仓","LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","LU0943347566.SGD":"安联收益及增长平衡基金AM H2-SGD","LU0234570918.USD":"高盛全球核心股票组合Acc Close","TSLA":"特斯拉","LU2357305700.SGD":"Allianz Global Artificial Intelligence ET H2-SGD","BK4551":"寇图资本持仓","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD","BK4574":"无人驾驶","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","LU0823411888.USD":"法巴消费创新基金 Cap","LU0082616367.USD":"摩根大通美国科技A（dist）","LU1551013342.USD":"Allianz Income and Growth Cl AMg2 DIS USD","BK4581":"高盛持仓","LU0056508442.USD":"贝莱德世界科技基金A2","BK4504":"桥水持仓","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","BK4511":"特斯拉概念","BK4099":"汽车制造商","BK4548":"巴美列捷福持仓","LU1861220033.SGD":"Blackrock Next Generation Technology A2 SGD-H","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","LU0820561909.HKD":"ALLIANZ INCOME AND GROWTH \"AM\" (HKD) INC","LU2249611893.SGD":"BNP PARIBAS ENERGY TRANSITION \"CRH\" (SGD) ACC","BK4532":"文艺复兴科技持仓","LU0234572021.USD":"高盛美国核心股票组合Acc","LU2063271972.USD":"富兰克林创新领域基金","LU1861215975.USD":"贝莱德新一代科技基金 A2","LU1852331112.SGD":"Blackrock World Technology Fund A2 SGD-H","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","LU1244550577.SGD":"FTIF - Franklin Global Multi-Asset Income A (Mdis) SGD-H1"},"source_url":"https://www.bloomberg.com/opinion/articles/2023-01-26/musk-s-big-tesla-growth-target-is-a-problem","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2306374584","content_text":"The company’s forecast for vehicle production falls short of estimates and its focus on compound annual growth obscures 2023’s sharp slowdown.Tesla CEO Elon Musk has been testifying in a lawsuit over 2018 tweets saying he was taking Tesla private with funding secured. Photographer: Justin Sullivan/Getty Images North AmericaIt pays to parse the language of any company’s earnings report, but perhaps more so for Tesla Inc. You could say it’s in the corporate genes. After all, Chief Executive Elon Musk has spent much of the past several days trying to convince a jury that he really did have “funding secured” in 2018. That’s despite his mooted multi-billion dollar take-private deal seeming to have had less in the way of documented pre-approvals than your average household mortgage application.The line that caught my eye on Wednesday evening concerned guidance, with Tesla aiming to produce 1.8 million vehicles this year and, thereby, “remain ahead of the long-term 50% CAGR,” or compound annual growth rate. For a couple of years, Tesla has said it aims to grow annual production by half, on average, over a “multi-year horizon.” Compare that 2023 target with 2020’s output of just over half-a-million and you do indeed get a compounded growth rate of more than 50%. But actual growththisyear looks set to be 31%.Let’s acknowledge that is still phenomenal for any reasonably sized autos manufacturer. Just five years ago, Tesla produced only about 250,000 vehicles.But the tell here is the language, with Tesla going out of its way to emphasize that, technically, it will remain true to the “multi-year” target despite growth slowing sharply. Certainly, it has slowed more sharply than expected: The consensus forecast for 2023 is 1.95 million. Which gets at why Tesla likely felt the need for a growth-secured moment.The disappointing fourth-quarter deliveries and price cuts that have unnerved investors over the past month or so fed through to Wednesday’s results. Inventory jumped and implied average selling prices, excluding leased vehicles and regulatory credits, dipped under $52,000, their lowest in a year. Even that figure was boosted by roughly $800 via the recognition of $324 million of deferred revenue linked to Tesla’s generously named Full Self Driving package. Gross profit per vehicle sold, at about $12,300, was the lowest in almost two years. Free cash flow dropped by a third, year-over-year, well shy of forecasts.This is not surprising, but it is troubling. It isn’t surprising because companies chasing growth quite often run into the problem of boosting capacity faster than sales. Tesla produced 1.37 million vehicles last year but lists capacity of more than 1.9 million, with new and expanded factories expected in markets from Mexico to Indonesia.It is troubling because, despite the collapse in Tesla’s stock over the past year or so, it still trades at a 77% premium to the S&P 500 based on multiples of forward earnings estimates — estimates that look vulnerable after these results. Tesla remains priced for growth, but the growth story comes with the caveats of using average multi-year percentages and evident reliance on price cuts. The latter are especially inimical to Tesla’s aura because price cuts to move product are what you get from regular old car companies that trade on single-digit earnings multiples (Tesla’s is 32 times).Even worse, regular old car companies haven’t been cutting prices of late, despite lower deliveries. This owes partly to the pandemic-related disruption of supply chains, leaving dealer lots sparse and giving the industry a relatively rare dose of pricing power. The likes of Ford Motor Co. took this on board in terms of aligning production more closely with sales. That is, in effect, the opposite of what’s happened with Tesla as it chases growth.During Wednesday evening’s Q&A, Musk touted Tesla’s AI capabilities. Framing Tesla as being more than an autos company has long been an effective way of boosting its valuation — albeit less effective of late. This year’s challenge for Tesla won’t be delivering robotaxis or a walking robot. It will be dealing with soft demand amid a potential recession that Musk seems to regard as all but certain. For investors who have just undergone a year of deflating expectations, it will be bracing for another dose.","news_type":1},"isVote":1,"tweetType":1,"viewCount":239,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9956565872,"gmtCreate":1674067380096,"gmtModify":1676538921685,"author":{"id":"4094706538255210","authorId":"4094706538255210","name":"DavidHTW","avatar":"https://community-static.tradeup.com/news/f4211692e23623de59a502307acbb4cc","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4094706538255210","idStr":"4094706538255210"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9956565872","repostId":"1148375286","repostType":4,"repost":{"id":"1148375286","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":1674054814,"share":"https://ttm.financial/m/news/1148375286?lang=&edition=fundamental","pubTime":"2023-01-18 23:13","market":"us","language":"en","title":"Top Calls on Wall Street: Apple, Tesla, Amazon, Netflix, Exxon, IBM and More","url":"https://stock-news.laohu8.com/highlight/detail?id=1148375286","media":"Tiger Newspress","summary":"Here are Wednesday’s biggest calls on Wall Street:Morgan Stanley names Apple a top 2023 pickMorgan S","content":"<html><head></head><body><p>Here are Wednesday’s biggest calls on Wall Street:</p><h2>Morgan Stanley names Apple a top 2023 pick</h2><p>Morgan Stanley said Apple is a “rare best-of-both worlds outperformer.”</p><blockquote>“We see Apple as a rare best-of-both worlds outperformer - a more defensive, quality name during challenging times, but an outperformer in the early cycle.”</blockquote><h2>Baird names Tesla a top 2023 pick</h2><p>Baird said it’s standing by its outperform rating on Tesla shares.</p><blockquote>“Demand concerns and near-term macroeconomic headwinds loom over the stock after falling nearly 70% in 2022. We are encouraged by the ramp of gigafactories at Berlin and Austin and believe the long-term setup is strong.”</blockquote><h2>Morgan Stanley names Amazon a top 2023 pick</h2><p>Morgan Stanley said Amazon is operating from a “leading e-commerce profit generating position.”</p><blockquote>“Amazon’s high-margin businesses continue to allow Amazon to drive greater profitability while still continuing to invest”</blockquote><h2>Morgan Stanley reiterates Microsoft as overweight</h2><p>Morgan Stanley said it’s staying bullish on the stock heading into earnings next week.</p><blockquote>“While indicators that Microsoft is not immune to the weaker IT spending environment aren’t hard to find, the preponderance of evidence in our survey work suggests favorable near-term consolidation trends and further improvement in the longer-term positioning against core secular growth initiatives.”</blockquote><h2>KeyBanc reiterates Netflix as sector weight</h2><p>KeyBanc said it’s cautiously optimistic heading into Netflix earnings on Thursday.</p><blockquote>“Coupled with the removal of net add guidance and monetization events on the horizon (e.g., ads, password sharing, and likely a 1H23E price increase), we believe there will be little for investors to nitpick on the print.”</blockquote><h2>Morgan Stanley downgrades IBM to equal weight from overweight</h2><p>Morgan Stanley downgraded IBM and said “late cycle outperformance [has] runs its course.”</p><blockquote>“we downgrade IBM to EW (from OW) as rev growth decelerates and risk of underperformance in a 2H23 early cycle bounce increases.”</blockquote><h2>Redburn downgrades Exxon to sell from neutral</h2><p>Redburn downgraded the oil and gas giant on valuation.</p><blockquote>“We continue to like Chevron and Exxon’s focus on low-risk repeatable upstream growth and their more conservative approach to low-carbon investments. ... .We downgrade Exxon to Sell on valuation and keep Chevron on Neutral.”</blockquote><h2>BMO initiates CrowdStrike as outperform</h2><p>BMO initiated the cybersecurity company and called it “best-in-class.”</p><blockquote>“We believe that CrowdStrike offers best-in-class endpoint security capabilities and an expanding platform that will help CrowdStrike compete against Microsoft and other vendors.”</blockquote><h2>Citi opens a catalyst watch on Qualcomm and Intel</h2><p>Citi opened a negative catalyst watch on Qualcomm and Intel due to concerns about weakness.</p><blockquote>“We expect weakness for both Intel and Qualcomm stocks during earnings given we have received a lot of investor interest in both stocks combined with lower guidance.”</blockquote><h2>Citi downgrades Morgan Stanley to neutral from buy</h2><p>Citi downgraded Morgan Stanley after its earnings report mainly on valuation.</p><blockquote>“In our view, the market is pricing in best in class returns and we do not see significant relative upside.”</blockquote><h2>Morgan Stanley upgrades Gap to equal weight from underweight</h2><p>Morgan Stanley said it sees more “upside than downside” for the stock.</p><blockquote>“On GPS, we see more upside than downside at current levels, &amp; move to Equal-weight with an unchanged $12 price target from Underweight prior.”</blockquote><h2>Mizuho upgrades Oatly to buy from neutral</h2><p>Mizuho said it sees accelerating growth for the oats beverage company.</p><blockquote>“We do not expect FCF-positive operations until 2H24, but liquidity tightness appears manageable and EBITDA can inflect positive exiting FY23. Limited elasticity for plant bevs supports our bullishness and improving capacity should accelerate OTLY growth.”</blockquote></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>Top Calls on Wall Street: Apple, Tesla, Amazon, Netflix, Exxon, IBM and More</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\">\nTop Calls on Wall Street: Apple, Tesla, Amazon, Netflix, Exxon, IBM and More\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\">2023-01-18 23:13</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Here are Wednesday’s biggest calls on Wall Street:</p><h2>Morgan Stanley names Apple a top 2023 pick</h2><p>Morgan Stanley said Apple is a “rare best-of-both worlds outperformer.”</p><blockquote>“We see Apple as a rare best-of-both worlds outperformer - a more defensive, quality name during challenging times, but an outperformer in the early cycle.”</blockquote><h2>Baird names Tesla a top 2023 pick</h2><p>Baird said it’s standing by its outperform rating on Tesla shares.</p><blockquote>“Demand concerns and near-term macroeconomic headwinds loom over the stock after falling nearly 70% in 2022. We are encouraged by the ramp of gigafactories at Berlin and Austin and believe the long-term setup is strong.”</blockquote><h2>Morgan Stanley names Amazon a top 2023 pick</h2><p>Morgan Stanley said Amazon is operating from a “leading e-commerce profit generating position.”</p><blockquote>“Amazon’s high-margin businesses continue to allow Amazon to drive greater profitability while still continuing to invest”</blockquote><h2>Morgan Stanley reiterates Microsoft as overweight</h2><p>Morgan Stanley said it’s staying bullish on the stock heading into earnings next week.</p><blockquote>“While indicators that Microsoft is not immune to the weaker IT spending environment aren’t hard to find, the preponderance of evidence in our survey work suggests favorable near-term consolidation trends and further improvement in the longer-term positioning against core secular growth initiatives.”</blockquote><h2>KeyBanc reiterates Netflix as sector weight</h2><p>KeyBanc said it’s cautiously optimistic heading into Netflix earnings on Thursday.</p><blockquote>“Coupled with the removal of net add guidance and monetization events on the horizon (e.g., ads, password sharing, and likely a 1H23E price increase), we believe there will be little for investors to nitpick on the print.”</blockquote><h2>Morgan Stanley downgrades IBM to equal weight from overweight</h2><p>Morgan Stanley downgraded IBM and said “late cycle outperformance [has] runs its course.”</p><blockquote>“we downgrade IBM to EW (from OW) as rev growth decelerates and risk of underperformance in a 2H23 early cycle bounce increases.”</blockquote><h2>Redburn downgrades Exxon to sell from neutral</h2><p>Redburn downgraded the oil and gas giant on valuation.</p><blockquote>“We continue to like Chevron and Exxon’s focus on low-risk repeatable upstream growth and their more conservative approach to low-carbon investments. ... .We downgrade Exxon to Sell on valuation and keep Chevron on Neutral.”</blockquote><h2>BMO initiates CrowdStrike as outperform</h2><p>BMO initiated the cybersecurity company and called it “best-in-class.”</p><blockquote>“We believe that CrowdStrike offers best-in-class endpoint security capabilities and an expanding platform that will help CrowdStrike compete against Microsoft and other vendors.”</blockquote><h2>Citi opens a catalyst watch on Qualcomm and Intel</h2><p>Citi opened a negative catalyst watch on Qualcomm and Intel due to concerns about weakness.</p><blockquote>“We expect weakness for both Intel and Qualcomm stocks during earnings given we have received a lot of investor interest in both stocks combined with lower guidance.”</blockquote><h2>Citi downgrades Morgan Stanley to neutral from buy</h2><p>Citi downgraded Morgan Stanley after its earnings report mainly on valuation.</p><blockquote>“In our view, the market is pricing in best in class returns and we do not see significant relative upside.”</blockquote><h2>Morgan Stanley upgrades Gap to equal weight from underweight</h2><p>Morgan Stanley said it sees more “upside than downside” for the stock.</p><blockquote>“On GPS, we see more upside than downside at current levels, &amp; move to Equal-weight with an unchanged $12 price target from Underweight prior.”</blockquote><h2>Mizuho upgrades Oatly to buy from neutral</h2><p>Mizuho said it sees accelerating growth for the oats beverage company.</p><blockquote>“We do not expect FCF-positive operations until 2H24, but liquidity tightness appears manageable and EBITDA can inflect positive exiting FY23. Limited elasticity for plant bevs supports our bullishness and improving capacity should accelerate OTLY growth.”</blockquote></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"XOM":"埃克森美孚","MS":"摩根士丹利","AAPL":"苹果","QCOM":"高通","CRWD":"CrowdStrike Holdings, Inc.","NFLX":"奈飞","MSFT":"微软","OTLY":"Oatly Group AB","TSLA":"特斯拉","INTC":"英特尔","AMZN":"亚马逊"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1148375286","content_text":"Here are Wednesday’s biggest calls on Wall Street:Morgan Stanley names Apple a top 2023 pickMorgan Stanley said Apple is a “rare best-of-both worlds outperformer.”“We see Apple as a rare best-of-both worlds outperformer - a more defensive, quality name during challenging times, but an outperformer in the early cycle.”Baird names Tesla a top 2023 pickBaird said it’s standing by its outperform rating on Tesla shares.“Demand concerns and near-term macroeconomic headwinds loom over the stock after falling nearly 70% in 2022. We are encouraged by the ramp of gigafactories at Berlin and Austin and believe the long-term setup is strong.”Morgan Stanley names Amazon a top 2023 pickMorgan Stanley said Amazon is operating from a “leading e-commerce profit generating position.”“Amazon’s high-margin businesses continue to allow Amazon to drive greater profitability while still continuing to invest”Morgan Stanley reiterates Microsoft as overweightMorgan Stanley said it’s staying bullish on the stock heading into earnings next week.“While indicators that Microsoft is not immune to the weaker IT spending environment aren’t hard to find, the preponderance of evidence in our survey work suggests favorable near-term consolidation trends and further improvement in the longer-term positioning against core secular growth initiatives.”KeyBanc reiterates Netflix as sector weightKeyBanc said it’s cautiously optimistic heading into Netflix earnings on Thursday.“Coupled with the removal of net add guidance and monetization events on the horizon (e.g., ads, password sharing, and likely a 1H23E price increase), we believe there will be little for investors to nitpick on the print.”Morgan Stanley downgrades IBM to equal weight from overweightMorgan Stanley downgraded IBM and said “late cycle outperformance [has] runs its course.”“we downgrade IBM to EW (from OW) as rev growth decelerates and risk of underperformance in a 2H23 early cycle bounce increases.”Redburn downgrades Exxon to sell from neutralRedburn downgraded the oil and gas giant on valuation.“We continue to like Chevron and Exxon’s focus on low-risk repeatable upstream growth and their more conservative approach to low-carbon investments. ... .We downgrade Exxon to Sell on valuation and keep Chevron on Neutral.”BMO initiates CrowdStrike as outperformBMO initiated the cybersecurity company and called it “best-in-class.”“We believe that CrowdStrike offers best-in-class endpoint security capabilities and an expanding platform that will help CrowdStrike compete against Microsoft and other vendors.”Citi opens a catalyst watch on Qualcomm and IntelCiti opened a negative catalyst watch on Qualcomm and Intel due to concerns about weakness.“We expect weakness for both Intel and Qualcomm stocks during earnings given we have received a lot of investor interest in both stocks combined with lower guidance.”Citi downgrades Morgan Stanley to neutral from buyCiti downgraded Morgan Stanley after its earnings report mainly on valuation.“In our view, the market is pricing in best in class returns and we do not see significant relative upside.”Morgan Stanley upgrades Gap to equal weight from underweightMorgan Stanley said it sees more “upside than downside” for the stock.“On GPS, we see more upside than downside at current levels, & move to Equal-weight with an unchanged $12 price target from Underweight prior.”Mizuho upgrades Oatly to buy from neutralMizuho said it sees accelerating growth for the oats beverage company.“We do not expect FCF-positive operations until 2H24, but liquidity tightness appears manageable and EBITDA can inflect positive exiting FY23. Limited elasticity for plant bevs supports our bullishness and improving capacity should accelerate OTLY growth.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":153,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9950261854,"gmtCreate":1672763969978,"gmtModify":1676538733885,"author":{"id":"4094706538255210","authorId":"4094706538255210","name":"DavidHTW","avatar":"https://community-static.tradeup.com/news/f4211692e23623de59a502307acbb4cc","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4094706538255210","idStr":"4094706538255210"},"themes":[],"htmlText":"Crap","listText":"Crap","text":"Crap","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9950261854","repostId":"1193086441","repostType":4,"repost":{"id":"1193086441","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":1672756677,"share":"https://ttm.financial/m/news/1193086441?lang=&edition=fundamental","pubTime":"2023-01-03 22:37","market":"us","language":"en","title":"Tesla Crashed Over 7% in Morning Trading After Posting Its Disappointing Q4 Delivery Results","url":"https://stock-news.laohu8.com/highlight/detail?id=1193086441","media":"Tiger Newspress","summary":"Tesla Motors crashed over 7% in morning trading after posting its disappointing Q4 delivery results.","content":"<html><head></head><body><p><a href=\"https://laohu8.com/S/TSLA\">Tesla Motors</a> crashed over 7% in morning trading after posting its disappointing Q4 delivery results.<img src=\"https://static.tigerbbs.com/8755d9527e83ca14632e4a1f02b9d05f\" tg-width=\"663\" tg-height=\"536\" width=\"100%\" height=\"auto\"/></p><p>It handed over 405,278 vehicles to customers in the last three months, short of the 420,760 average estimate, it produced 439,701 vehicles in the fourth quarter, exceeding deliveries by 34,423 units.</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 Crashed Over 7% in Morning Trading After Posting Its Disappointing Q4 Delivery Results</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 Crashed Over 7% in Morning Trading After Posting Its Disappointing Q4 Delivery Results\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\">2023-01-03 22:37</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p><a href=\"https://laohu8.com/S/TSLA\">Tesla Motors</a> crashed over 7% in morning trading after posting its disappointing Q4 delivery results.<img src=\"https://static.tigerbbs.com/8755d9527e83ca14632e4a1f02b9d05f\" tg-width=\"663\" tg-height=\"536\" width=\"100%\" height=\"auto\"/></p><p>It handed over 405,278 vehicles to customers in the last three months, short of the 420,760 average estimate, it produced 439,701 vehicles in the fourth quarter, exceeding deliveries by 34,423 units.</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":"1193086441","content_text":"Tesla Motors crashed over 7% in morning trading after posting its disappointing Q4 delivery results.It handed over 405,278 vehicles to customers in the last three months, short of the 420,760 average estimate, it produced 439,701 vehicles in the fourth quarter, exceeding deliveries by 34,423 units.","news_type":1},"isVote":1,"tweetType":1,"viewCount":165,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":9941192812,"gmtCreate":1680018098837,"gmtModify":1680018107277,"author":{"id":"4094706538255210","authorId":"4094706538255210","name":"DavidHTW","avatar":"https://community-static.tradeup.com/news/f4211692e23623de59a502307acbb4cc","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4094706538255210","authorIdStr":"4094706538255210"},"themes":[],"htmlText":"Woohoo!!!","listText":"Woohoo!!!","text":"Woohoo!!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":16,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9941192812","repostId":"2322264351","repostType":4,"repost":{"id":"2322264351","pubTimestamp":1680017525,"share":"https://ttm.financial/m/news/2322264351?lang=&edition=fundamental","pubTime":"2023-03-28 23:32","market":"us","language":"en","title":"1 Stock-Split Stock Set to Soar 705%, According to Cathie Wood's Ark Invest","url":"https://stock-news.laohu8.com/highlight/detail?id=2322264351","media":"Motley Fool","summary":"Ark Investment Management and Elon Musk see eye to eye on one product opportunity.","content":"<html><head></head><body><p>Stock splits were all the rage in 2022 as some of America&#39;s largest companies sought to shrink their share prices after making substantial gains in the years prior. The move ensured their stock remained accessible to retail investors with small amounts of capital, as well as employees who wanted to participate in share purchase plans.</p><p>In August of last year, electric vehicle powerhouse <a href=\"https://laohu8.com/S/TSLA\">Tesla </a> executed a 3-for-1 split that increased the number of shares on issue threefold and shrank its stock price from $891.30 to $297.10. The stock split alone isn&#39;t a reason to buy Tesla because it hasn&#39;t changed the value of the underlying company, but the company&#39;s fundamentals certainly might be.</p><p>Ark Investment Management, led by technology investor Cathie Wood, believes Tesla stock could soar to $1,533.33 by 2026 on the back of growing demand for electric vehicles, plus the rise of fully autonomous robotaxis. The latter is a key area of focus for CEO Elon Musk, too.</p><p>Given Tesla stock trades around $190 as of this writing, that presents an opportunity for investors to earn a substantial return -- particularly retail investors, thanks to last year&#39;s stock split.</p><h2>Tesla and Ark bet big on robotaxis</h2><p>Tesla is, first and foremost, the world&#39;s largest electric vehicle manufacturer. It delivered 1.3 million cars worldwide in 2022, and it holds a 65% market share in the U.S. alone. While the competition is growing, Tesla might just be getting warmed up because Musk believes the company can produce 20 million vehicles per year by 2030.</p><p>But the EV specialist is also a leading developer of autonomous self-driving software, which is not only a financial opportunity in and of itself, but it paves the way for Tesla&#39;s ambitious plan to build a fleet of robotaxis (slated for release in 2024). On the company&#39;s recent fourth-quarter 2022 earnings call, Musk spoke generally about the potential for fully autonomous cars to create more value than anything in history.</p><p>That&#39;s supported by Ark Invest&#39;s lofty predictions for the autonomous ride-hailing industry. The firm believes that any Tesla vehicle on the road with full self-driving capabilities will have the potential to generate $20,000 in revenue per year by transporting people without human assistance. Overall, Ark Invest is betting autonomous ride-hailing will create $14 trillion in value as soon as 2027, with $4 trillion in annual revenue across the industry.</p><p>Remarkably, Ark Invest says using autonomous taxis could cost as little as $0.25 per mile, which means they have the potential to replace 60% of short-haul flights based on affordability. That&#39;s a big opportunity for Tesla, which has approximately 2.7 million cars on the road collecting data to feed its self-driving models right now -- 10 times more than its closest competitor.</p><h2>Ark Invest is extremely bullish on Tesla stock</h2><p>Ark Invest currently runs eight exchange-traded funds (ETFs) focused on making long-term bets on different segments of the technology sector. Three of those ETFs own a combined $975 million worth of Tesla stock, and it&#39;s the firm&#39;s single largest holding by value -- value that could soar if its bold forecast becomes reality.</p><p>Ark Invest put forward a 2026 price target of $1,533.33 for Tesla stock, which would represent a substantial 705% upside from where it trades today. It also means Tesla would be worth a whopping $5.3 trillion!</p><p>The forecast assumes the EV maker is generating $843 billion in revenue that year, the majority of which would be coming from electric vehicle sales, and 34% from its robotaxi business. But considering Wall Street analysts expect just $103 billion in revenue in 2023, it means the company will have to more than double its revenue in each of 2024, 2025, and 2026.</p><p>That&#39;s ambitious, if not unlikely. Tesla&#39;s own forecasts point to 50% annual growth in vehicle sales, suggesting revenue should increase at roughly the same rate. That&#39;s half the pace of Ark&#39;s estimate, which means its $1,533.33 price target may not be achievable by 2026.</p><p>But that&#39;s not to say it isn&#39;t achievable eventually. In fact, if Tesla does produce 20 million cars per year by 2030 (as Musk predicts), combined with revenue from self-driving software and robotaxis, then there&#39;s every chance Tesla stock can soar to $1,533.33 by the end of this decade.</p></body></html>","source":"fool_stock","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>1 Stock-Split Stock Set to Soar 705%, According to Cathie Wood's Ark Invest</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\">\n1 Stock-Split Stock Set to Soar 705%, According to Cathie Wood's Ark Invest\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-28 23:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2023/03/28/stock-split-stock-soar-cathie-woods-ark-invest/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Stock splits were all the rage in 2022 as some of America's largest companies sought to shrink their share prices after making substantial gains in the years prior. The move ensured their stock ...</p>\n\n<a href=\"https://www.fool.com/investing/2023/03/28/stock-split-stock-soar-cathie-woods-ark-invest/\">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","TSLA":"特斯拉"},"source_url":"https://www.fool.com/investing/2023/03/28/stock-split-stock-soar-cathie-woods-ark-invest/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2322264351","content_text":"Stock splits were all the rage in 2022 as some of America's largest companies sought to shrink their share prices after making substantial gains in the years prior. The move ensured their stock remained accessible to retail investors with small amounts of capital, as well as employees who wanted to participate in share purchase plans.In August of last year, electric vehicle powerhouse Tesla  executed a 3-for-1 split that increased the number of shares on issue threefold and shrank its stock price from $891.30 to $297.10. The stock split alone isn't a reason to buy Tesla because it hasn't changed the value of the underlying company, but the company's fundamentals certainly might be.Ark Investment Management, led by technology investor Cathie Wood, believes Tesla stock could soar to $1,533.33 by 2026 on the back of growing demand for electric vehicles, plus the rise of fully autonomous robotaxis. The latter is a key area of focus for CEO Elon Musk, too.Given Tesla stock trades around $190 as of this writing, that presents an opportunity for investors to earn a substantial return -- particularly retail investors, thanks to last year's stock split.Tesla and Ark bet big on robotaxisTesla is, first and foremost, the world's largest electric vehicle manufacturer. It delivered 1.3 million cars worldwide in 2022, and it holds a 65% market share in the U.S. alone. While the competition is growing, Tesla might just be getting warmed up because Musk believes the company can produce 20 million vehicles per year by 2030.But the EV specialist is also a leading developer of autonomous self-driving software, which is not only a financial opportunity in and of itself, but it paves the way for Tesla's ambitious plan to build a fleet of robotaxis (slated for release in 2024). On the company's recent fourth-quarter 2022 earnings call, Musk spoke generally about the potential for fully autonomous cars to create more value than anything in history.That's supported by Ark Invest's lofty predictions for the autonomous ride-hailing industry. The firm believes that any Tesla vehicle on the road with full self-driving capabilities will have the potential to generate $20,000 in revenue per year by transporting people without human assistance. Overall, Ark Invest is betting autonomous ride-hailing will create $14 trillion in value as soon as 2027, with $4 trillion in annual revenue across the industry.Remarkably, Ark Invest says using autonomous taxis could cost as little as $0.25 per mile, which means they have the potential to replace 60% of short-haul flights based on affordability. That's a big opportunity for Tesla, which has approximately 2.7 million cars on the road collecting data to feed its self-driving models right now -- 10 times more than its closest competitor.Ark Invest is extremely bullish on Tesla stockArk Invest currently runs eight exchange-traded funds (ETFs) focused on making long-term bets on different segments of the technology sector. Three of those ETFs own a combined $975 million worth of Tesla stock, and it's the firm's single largest holding by value -- value that could soar if its bold forecast becomes reality.Ark Invest put forward a 2026 price target of $1,533.33 for Tesla stock, which would represent a substantial 705% upside from where it trades today. It also means Tesla would be worth a whopping $5.3 trillion!The forecast assumes the EV maker is generating $843 billion in revenue that year, the majority of which would be coming from electric vehicle sales, and 34% from its robotaxi business. But considering Wall Street analysts expect just $103 billion in revenue in 2023, it means the company will have to more than double its revenue in each of 2024, 2025, and 2026.That's ambitious, if not unlikely. Tesla's own forecasts point to 50% annual growth in vehicle sales, suggesting revenue should increase at roughly the same rate. That's half the pace of Ark's estimate, which means its $1,533.33 price target may not be achievable by 2026.But that's not to say it isn't achievable eventually. In fact, if Tesla does produce 20 million cars per year by 2030 (as Musk predicts), combined with revenue from self-driving software and robotaxis, then there's every chance Tesla stock can soar to $1,533.33 by the end of this decade.","news_type":1},"isVote":1,"tweetType":1,"viewCount":228,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9961843547,"gmtCreate":1668916654489,"gmtModify":1676538128180,"author":{"id":"4094706538255210","authorId":"4094706538255210","name":"DavidHTW","avatar":"https://community-static.tradeup.com/news/f4211692e23623de59a502307acbb4cc","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4094706538255210","authorIdStr":"4094706538255210"},"themes":[],"htmlText":"I like Alphabet too","listText":"I like Alphabet too","text":"I like Alphabet too","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/9961843547","repostId":"2284785084","repostType":4,"repost":{"id":"2284785084","pubTimestamp":1668905591,"share":"https://ttm.financial/m/news/2284785084?lang=&edition=fundamental","pubTime":"2022-11-20 08:53","market":"us","language":"en","title":"Alphabet Vs. Meta Platforms: Which Stock Is The Better Investment?","url":"https://stock-news.laohu8.com/highlight/detail?id=2284785084","media":"Seeking Alpha","summary":"SummaryAlphabet and Meta are two giants in highly competitive markets, both with their specific risk","content":"<html><head></head><body><p>Summary</p><ul><li>Alphabet and Meta are two giants in highly competitive markets, both with their specific risk profiles, while also offering massive opportunities to investors.</li><li>GOOG reported a superior performance over the past years, while both stocks may offer great opportunities for investors, the ability to achieve the targets and the optionality will be determinant.</li><li>Both companies share the same Achilles heel, in an industry that is forecasted to grow substantially over the next decade, while it also exposes their revenue stream to demand-driven fluctuations.</li><li>This article focuses on long-term investment opportunities based on in-depth fundamental analysis and I offer two valuation models structured around multiple outcome scenarios.</li></ul><p>The technology sector is among the worst performers in the past year, losing over 30% of its value. While many stocks may have been excessively hyped during the massive rebound out of the pandemic-lows, others have been under pressure because of rising inflation, a higher cost of capital, bottlenecks among the supply chains, as well as headwinds caused by pandemic-related restrictions, geo-political tensions, and the ongoing war in Ukraine. Companies in the Information technology services industry could perform better from a yearly perspective but lately have been struggling to rebound, while others, such as the semiconductor and the solar industries, have recently been leading the sector.</p><p></p><p><img src=\"https://static.tigerbbs.com/24926893763e4d5e2c2059c3a396961e\" tg-width=\"640\" tg-height=\"102\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>finviz</p><p><img src=\"https://static.tigerbbs.com/1f119d5f53fe3121bf55f9c893934749\" tg-width=\"640\" tg-height=\"98\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>finviz</p><p>The two selected companies are two global giants in their industry, with Alphabet (NASDAQ:NASDAQ:GOOG) (NASDAQ:GOOGL) having nearly a monopoly in the online search field, as Google processes over 92% of online search volume worldwide, and <a href=\"https://laohu8.com/S/META\">Meta Platforms</a> (NASDAQ:NASDAQ:META) counting 3.71B monthly users in Q3 2022, among the company’s core products, Facebook, WhatsApp, Instagram, or Messenger, up 4% Year-over-Year [YoY].</p><p></p><p><img src=\"https://static.tigerbbs.com/466ecae9b7a6150d62e4e702446ea1b7\" tg-width=\"640\" tg-height=\"162\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Author, using TIKR</p><p>While the two companies once were identified as a digital duopoly, because of their massive market share in global online advertising, more recently, companies such as Amazon.com (NASDAQ:AMZN), Alibaba (NYSE:BABA), Tencent (OTCX:OTCPK:TCEHY), or ByteDance through their social media TikTok, have penetrated the market and contributed to the erosion of this duopoly.</p><p><img src=\"https://static.tigerbbs.com/0ba8cba90ad500702aed27aa4769d952\" tg-width=\"398\" tg-height=\"476\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Author, using data from Insider Intelligence, Research and Markets, Company filings</p><p>The global IT Services market is projected to grow at a 9.5% Compound Annual Growth Rate [CAGR] through 2031, while the global digital advertising market is forecasted to grow even faster at a 13.9% CAGR, reaching a size of $1.79T through 2031. The sustained market growth is driven by the broader penetration of internet users, technological advancement, rising spending in digital advertising, and the expanding popularity of mobile phones and digital media across the world, while platforms such as in-app, mobile ads, connected TV or social media advertising are increasingly important vectors in the industry.</p><h2><b>An in-depth company comparison</b></h2><p><img src=\"https://static.tigerbbs.com/c3b292a512ca86202c0549254543bfb5\" tg-width=\"472\" tg-height=\"546\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Author, using data from S&amp;P Capital IQ</p><p>The financial comparison highlights the major relative strengths and weaknesses of the two giants. In terms of their Return on Invested Capital [ROIC], a very important metric I consider when pondering an investment decision, as a company must be able to consistently create value to be a sustainable investment, Alphabet seems to gradually increase its capital allocation efficiency over the past few years. Although Meta has been more efficient in the past, the metric has progressively dropped, until recently significantly falling under Alphabet’s level. The latter seems to have a more efficient core business, but Meta has seemingly more efficient cash management, observed in the relatively narrow spread between their ROIC and the Return on Capital Employed [ROCE], while Alphabet could significantly increase its capital allocation efficiency as the company reported a massive cash position of over $116B.</p><p><img src=\"https://static.tigerbbs.com/fa03acf041d1be505b4a32558b182c46\" tg-width=\"640\" tg-height=\"315\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Author, using data from S&amp;P Capital IQ</p><p>Although Meta reports by far the higher gross margin, this metric’s growth is seemingly dropping from 21.94% CAGR in the past 5 years to 17.88% CAGR in the past 3 years. While Alphabet reported a lower actual value, the company saw this metric slightly increase from 19.38% CAGR to 20.72% CAGR, over the same time window. Meta’s main source of revenue began faltering as the widely popular video app TikTok massively increased its audience, and other companies increased their market share in the online advertising space, while Apple’s (NASDAQ:AAPL) shift to a strict app tracking transparency privacy policy, requiring the user’s approval for apps to be able to track their data, had an estimated two-digit billion impact on Meta’s revenue. On the operational side, the companies have an even more divergent profile, as Alphabet demonstrated being capable of significantly increasing its operational profitability from 22.13% CAGR in the past 5 years, to 29.80% CAGR over the past 3 years, while Meta’s operating margin growth is decelerating from 11.96% CAGR to 7.03% CAGR over the same period. Meta is massively investing in the development of the Metaverse while rising doubts emerge concerning the company’s ability to reach its ambitious goals in a concept that only a few people understand, while at the same time the company struggles with a weakening advertising business.</p><p><img src=\"https://static.tigerbbs.com/8f1f88c88d16069afac3b3d995567a30\" tg-width=\"640\" tg-height=\"153\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Author, using data from S&amp;P Capital IQ</p><p>Meta reportedly has a more cash-rich business than the analyzed peer, while none of them is paying a dividend, both companies spend billions in share-repurchase programs. Alphabet announced its biggest share-buyback program of over $70B earlier this year, a major increase after the authorized buyback of $50B in 2021 and $25B in 2019. Meta has reportedly spent $91B to repurchase 377M stocks at an average price of $242, between 2017 and September 2022, a price that seems steep, considering that the actual share price is valued at -53% of that price. Meta also reports significantly higher EPS, while in those terms, Alphabet has had a less negative development over the most recent quarters and reported significantly higher growth over the past few years. Both companies are relying on debt for sustaining their business, increasing significantly their debt reliance since 2019, as the historically low-interest rates pushed many companies to consider more debt in their financing strategy. That said, both companies could repay the entirety of their debt exposure as shown in their net debt position and low leverage ratio.</p><h2>The stocks’ performance</h2><p>Considering both stocks’ performance in the past 5 years, GOOG reported a solid performance of 93.44%, while META performed significantly worse, losing 37.65% over the analyzed period. The most significant references show a mixed picture, with the S&amp;P 500 (SP500) returning approximately 53%, and the Nasdaq technology index, tracked by the Invesco QQQ ETF (QQQ) marked over 85% performance, while more industry-focused references, such as the <a href=\"https://laohu8.com/S/XLC\">Communication Services Select Sector SPDR Fund</a> (XLC) performed flat, while the Technology Select Sector SPDR ETF (XLK) is the strongest outperformer of the analyzed references.</p><p><img src=\"https://static.tigerbbs.com/51b316e664d2e9457222c2ae8e80185d\" tg-width=\"640\" tg-height=\"198\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Author, using SeekingAlpha.com</p><p>While both stocks display periods of relative strength, GOOG reported massive resilience after every major drop, while META has significantly suffered after its All-Time-High [ATH] in September 2021, leading to massive value destruction for its investors, being priced at levels not seen since 2016. In the next section, I will show how the next few years are forecasted to play out for both companies and if the actual stock price may offer an interesting opportunity, while also assessing the possible risks in different scenarios.</p><h2>Valuation</h2><p>To determine the actual fair value for both company&#39;s stock prices, I rely on the following Discounted Cash Flow [DCF] model, which extends over a forecast period of 5 years with 3 different sets of assumptions ranging from a more conservative to a more optimistic scenario, based on the metrics determining the WACC and the terminal value. As forecasted by the street consensus, Alphabet is anticipated to generate a massive 17.27% Free Cash Flow [FCF] CAGR over the coming 5 years, with its operating and net profitability increasing at respectively 12.73% and 13.80% CAGR, while its revenue is projected to expand at solid 10.98%, above the expected growth in the relevant industries.</p><p><img src=\"https://static.tigerbbs.com/4f307c189819f83e89ac5301f675e985\" tg-width=\"640\" tg-height=\"395\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Author, using data from S&amp;P Capital IQ</p><p>The valuation takes into account a tighter monetary policy, which will undeniably be a reality in many economies worldwide in the coming years and lead to a higher weighted average cost of capital.</p><p><img src=\"https://static.tigerbbs.com/dfdac1fd157fda94ba58871ccb1c7b3f\" tg-width=\"573\" tg-height=\"599\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Author</p><p>I compute my opinion in terms of likelihood for the three different scenarios, and I, therefore, consider the stock to be significantly undervalued with a weighted average price target with about 54% upside potential at $152.</p><p>Meta is forecasted to expand slower, with its sales growing at 9.20% CAGR over the next 5 years, and its operating and net profit margins are expected to grow between 8.5% and 8.9%, in terms of FCF the company is anticipated to substantially increase its metric, with 17.61% CAGR through 2026.</p><p></p><p><img src=\"https://static.tigerbbs.com/15cc9d6404157e698d23631783f3f4cd\" tg-width=\"640\" tg-height=\"398\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Author, using data from S&amp;P Capital IQ</p><p>I then consider the same three scenarios affected by the company’s fundamentals and by the exogenous factors.</p><p></p><p><img src=\"https://static.tigerbbs.com/c566b27f98414ced096c76621fbf9c00\" tg-width=\"573\" tg-height=\"598\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Author</p><p>Despite both stocks seemingly being undervalued, when considering the weighted average price target, the two modelizations suggest that GOOG may offer a higher expected return, while META’s expected performance is seen 50% higher than the latest closing price, or at about $167. Both modelizations emphasize the still substantial expected return, also in the less optimistic scenario.</p><p>Investors should consider that those forecasts are based on a relatively conservative assumption in terms of perpetual growth rates, higher discount rates, and the recent trend in increased interest rates, which reflects the actual situation and forecast possible scenarios. An inversion of this trend would change this perspective and value the company at a higher price.</p><h2>Outlook and Risk discussion</h2><p>With both companies having tremendous possibilities to expand their powerful product ecosystem, it’s quite difficult to estimate their relevant total addressable market [TAM], as both peers have shown to be able to significantly grow their business either organically or through strategic acquisitions. Alphabet and Meta own strong brands with Google ranked in the fourth position in Interbrand&#39;s Best Global Brands, while Facebook is ranked 17th. Google’s essentially monopolistic position in search engines, its gigantic database with no equal data-harvesting worldwide, and the dominant position in the smartphone industry with Android estimated to hold a share of 72% in the mobile operating systems’ market, while Apple is progressively gaining market shares, are only some of the company’s major strengths. Despite this, with approximately 80% of its revenue originating from income related to advertising, the company’s revenue model is highly exposed to demand fluctuations, and with a recession likely seen coming in major global economies, dropping consumer spending and cuts in expenses on advertising, will likely have a tangible negative effect on the company’s results. Privacy concerns and regulatory pressure, as well as data security, are also possible future threats to Alphabet, Meta, and their peers, as the biggest strength for the companies, the massive data collection, is the most damaging weakness for their users. Among Alphabet’s most promising opportunities I do like to underscore the company’s positioning in terms of Artificial Intelligence [AI], Machine Learning [ML], and cloud-based business, as well as its expansion into the wearable OS market, and the great diversification opportunities the company could access or create through its colossal financial strength.</p><p>Meta is building a strong product portfolio including WhatsApp, Instagram, Messenger, Oculus, Workplace, Portal, and Calibra to diversify from Facebook and create expanded opportunities in strong secular trends. With over 45% of the world’s population using Facebook or its family products, the company holds an extremely powerful and irreplaceable position. But with approximately 98% of revenue originating from advertising, Meta is even more exposed to demand-driven fluctuations than Alphabet, and since the company is massively investing and focusing its resources on developing its visionary Metaverse, the diversification opportunities are, at least for the moment, seemingly more limited than Alphabet’s. Facebook has been losing popularity after facing backlash over its negligence in protecting the user’s privacy, while negative publicity, allegations of racial basis, or the platform’s inability to control the spread of fake and misleading information, may have cast a shadow on the company’s once brighter outlook. Despite this, Meta faces many opportunities in terms of possible monetization of its platforms through paid services such as news subscriptions, peer-to-peer marketplaces, online dating apps, e-wallets, or the development of other hardware devices, while its existing technologies could also be integrated or connected with a variety of other applications, such as e-commerce, gaming, or expanded into the digital creators&#39; space, or by offering remote-work solutions. In terms of future-oriented secular growth vectors, Meta has extensive expertise in AI and ML, which the company could use to penetrate markets such as the technologies used for autonomous vehicles, where other competitors like Google, Amazon, and Apple are already massively investing.</p><p>Alphabet is rated with a Strong Buy rating from Seeking Alpha’s Quant Rating since August 25, 2022, and holds the first two positions in the Interactive Media and Services industry through its two share classes.</p><p></p><p><img src=\"https://static.tigerbbs.com/5b711fdd651560e12eb413b5c4321377\" tg-width=\"640\" tg-height=\"183\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>SeekingAlpha.com</p><p>Meta has instead been qualified as a Hold position since the end of 2021 and is ranked 22 out of 62 in the relevant industry. Both companies are without seen excelling in terms of profitability, while growth and valuation seem to be less favorable factors in the actual uncertain market environment, with Meta also significantly suffering from the negative momentum in its more recent price action.</p><p></p><p><img src=\"https://static.tigerbbs.com/c27a653d50c6e2a961374aeaa87c1171\" tg-width=\"640\" tg-height=\"183\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>SeekingAlpha.com</p><h2>The Verdict: Which stock is the better buy?</h2><p>The two analyzed companies are two global leaders in the technology services industry, with their respective strengths and weaknesses, but also offering inherent opportunities with their correlated risks. From an investor&#39;s point of view, it’s important to consider the company’s ability to create value for its shareholders, while minimizing the risks. Past performance is not a guarantee for future results, and despite GOOG overall performing significantly better than META in the past few years, the latter is seemingly offering great opportunities ahead, and my rather conservative modelization hints at the significant undervaluation of both stocks. Both companies have strong financials and report high profitability, but Alphabet is seemingly on a better path, as the company reported an overall better trend and is expected to optimize its profitability even further, while also owning a massive idling cash position that offers incredibly many options, and could even further increase the company’s already superior capital allocation efficiency. </p><p>Meta’s huge bet on the Metaverse may lead to great success, but it also bears a major risk, in times when the company’s great dependency on advertising spending is under pressure. While both companies’ Achilles heel is seemingly their dependency on spending in digital advertising, Meta is more reliant on it than Alphabet, and may also have shown less intention to diversify its revenue streams, when compared to its colossal peers. </p><p>I consider both companies as being a buy position for long-term oriented investors, but overall in this comparative analysis, I chose Alphabet as my favorite stock pick, for its preeminent opportunities and lower risk profile, while seemingly also offering the greater potential in its stock performance, when considering all three forecasted scenarios.</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>Alphabet Vs. Meta Platforms: Which Stock Is The Better Investment?</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\">\nAlphabet Vs. Meta Platforms: Which Stock Is The Better Investment?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-20 08:53 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4559206-alphabet-vs-meta-platforms-which-stock-is-the-better-investment><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryAlphabet and Meta are two giants in highly competitive markets, both with their specific risk profiles, while also offering massive opportunities to investors.GOOG reported a superior ...</p>\n\n<a href=\"https://seekingalpha.com/article/4559206-alphabet-vs-meta-platforms-which-stock-is-the-better-investment\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"META":"Meta Platforms, Inc.","GOOG":"谷歌","GOOGL":"谷歌A"},"source_url":"https://seekingalpha.com/article/4559206-alphabet-vs-meta-platforms-which-stock-is-the-better-investment","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2284785084","content_text":"SummaryAlphabet and Meta are two giants in highly competitive markets, both with their specific risk profiles, while also offering massive opportunities to investors.GOOG reported a superior performance over the past years, while both stocks may offer great opportunities for investors, the ability to achieve the targets and the optionality will be determinant.Both companies share the same Achilles heel, in an industry that is forecasted to grow substantially over the next decade, while it also exposes their revenue stream to demand-driven fluctuations.This article focuses on long-term investment opportunities based on in-depth fundamental analysis and I offer two valuation models structured around multiple outcome scenarios.The technology sector is among the worst performers in the past year, losing over 30% of its value. While many stocks may have been excessively hyped during the massive rebound out of the pandemic-lows, others have been under pressure because of rising inflation, a higher cost of capital, bottlenecks among the supply chains, as well as headwinds caused by pandemic-related restrictions, geo-political tensions, and the ongoing war in Ukraine. Companies in the Information technology services industry could perform better from a yearly perspective but lately have been struggling to rebound, while others, such as the semiconductor and the solar industries, have recently been leading the sector.finvizfinvizThe two selected companies are two global giants in their industry, with Alphabet (NASDAQ:NASDAQ:GOOG) (NASDAQ:GOOGL) having nearly a monopoly in the online search field, as Google processes over 92% of online search volume worldwide, and Meta Platforms (NASDAQ:NASDAQ:META) counting 3.71B monthly users in Q3 2022, among the company’s core products, Facebook, WhatsApp, Instagram, or Messenger, up 4% Year-over-Year [YoY].Author, using TIKRWhile the two companies once were identified as a digital duopoly, because of their massive market share in global online advertising, more recently, companies such as Amazon.com (NASDAQ:AMZN), Alibaba (NYSE:BABA), Tencent (OTCX:OTCPK:TCEHY), or ByteDance through their social media TikTok, have penetrated the market and contributed to the erosion of this duopoly.Author, using data from Insider Intelligence, Research and Markets, Company filingsThe global IT Services market is projected to grow at a 9.5% Compound Annual Growth Rate [CAGR] through 2031, while the global digital advertising market is forecasted to grow even faster at a 13.9% CAGR, reaching a size of $1.79T through 2031. The sustained market growth is driven by the broader penetration of internet users, technological advancement, rising spending in digital advertising, and the expanding popularity of mobile phones and digital media across the world, while platforms such as in-app, mobile ads, connected TV or social media advertising are increasingly important vectors in the industry.An in-depth company comparisonAuthor, using data from S&P Capital IQThe financial comparison highlights the major relative strengths and weaknesses of the two giants. In terms of their Return on Invested Capital [ROIC], a very important metric I consider when pondering an investment decision, as a company must be able to consistently create value to be a sustainable investment, Alphabet seems to gradually increase its capital allocation efficiency over the past few years. Although Meta has been more efficient in the past, the metric has progressively dropped, until recently significantly falling under Alphabet’s level. The latter seems to have a more efficient core business, but Meta has seemingly more efficient cash management, observed in the relatively narrow spread between their ROIC and the Return on Capital Employed [ROCE], while Alphabet could significantly increase its capital allocation efficiency as the company reported a massive cash position of over $116B.Author, using data from S&P Capital IQAlthough Meta reports by far the higher gross margin, this metric’s growth is seemingly dropping from 21.94% CAGR in the past 5 years to 17.88% CAGR in the past 3 years. While Alphabet reported a lower actual value, the company saw this metric slightly increase from 19.38% CAGR to 20.72% CAGR, over the same time window. Meta’s main source of revenue began faltering as the widely popular video app TikTok massively increased its audience, and other companies increased their market share in the online advertising space, while Apple’s (NASDAQ:AAPL) shift to a strict app tracking transparency privacy policy, requiring the user’s approval for apps to be able to track their data, had an estimated two-digit billion impact on Meta’s revenue. On the operational side, the companies have an even more divergent profile, as Alphabet demonstrated being capable of significantly increasing its operational profitability from 22.13% CAGR in the past 5 years, to 29.80% CAGR over the past 3 years, while Meta’s operating margin growth is decelerating from 11.96% CAGR to 7.03% CAGR over the same period. Meta is massively investing in the development of the Metaverse while rising doubts emerge concerning the company’s ability to reach its ambitious goals in a concept that only a few people understand, while at the same time the company struggles with a weakening advertising business.Author, using data from S&P Capital IQMeta reportedly has a more cash-rich business than the analyzed peer, while none of them is paying a dividend, both companies spend billions in share-repurchase programs. Alphabet announced its biggest share-buyback program of over $70B earlier this year, a major increase after the authorized buyback of $50B in 2021 and $25B in 2019. Meta has reportedly spent $91B to repurchase 377M stocks at an average price of $242, between 2017 and September 2022, a price that seems steep, considering that the actual share price is valued at -53% of that price. Meta also reports significantly higher EPS, while in those terms, Alphabet has had a less negative development over the most recent quarters and reported significantly higher growth over the past few years. Both companies are relying on debt for sustaining their business, increasing significantly their debt reliance since 2019, as the historically low-interest rates pushed many companies to consider more debt in their financing strategy. That said, both companies could repay the entirety of their debt exposure as shown in their net debt position and low leverage ratio.The stocks’ performanceConsidering both stocks’ performance in the past 5 years, GOOG reported a solid performance of 93.44%, while META performed significantly worse, losing 37.65% over the analyzed period. The most significant references show a mixed picture, with the S&P 500 (SP500) returning approximately 53%, and the Nasdaq technology index, tracked by the Invesco QQQ ETF (QQQ) marked over 85% performance, while more industry-focused references, such as the Communication Services Select Sector SPDR Fund (XLC) performed flat, while the Technology Select Sector SPDR ETF (XLK) is the strongest outperformer of the analyzed references.Author, using SeekingAlpha.comWhile both stocks display periods of relative strength, GOOG reported massive resilience after every major drop, while META has significantly suffered after its All-Time-High [ATH] in September 2021, leading to massive value destruction for its investors, being priced at levels not seen since 2016. In the next section, I will show how the next few years are forecasted to play out for both companies and if the actual stock price may offer an interesting opportunity, while also assessing the possible risks in different scenarios.ValuationTo determine the actual fair value for both company's stock prices, I rely on the following Discounted Cash Flow [DCF] model, which extends over a forecast period of 5 years with 3 different sets of assumptions ranging from a more conservative to a more optimistic scenario, based on the metrics determining the WACC and the terminal value. As forecasted by the street consensus, Alphabet is anticipated to generate a massive 17.27% Free Cash Flow [FCF] CAGR over the coming 5 years, with its operating and net profitability increasing at respectively 12.73% and 13.80% CAGR, while its revenue is projected to expand at solid 10.98%, above the expected growth in the relevant industries.Author, using data from S&P Capital IQThe valuation takes into account a tighter monetary policy, which will undeniably be a reality in many economies worldwide in the coming years and lead to a higher weighted average cost of capital.AuthorI compute my opinion in terms of likelihood for the three different scenarios, and I, therefore, consider the stock to be significantly undervalued with a weighted average price target with about 54% upside potential at $152.Meta is forecasted to expand slower, with its sales growing at 9.20% CAGR over the next 5 years, and its operating and net profit margins are expected to grow between 8.5% and 8.9%, in terms of FCF the company is anticipated to substantially increase its metric, with 17.61% CAGR through 2026.Author, using data from S&P Capital IQI then consider the same three scenarios affected by the company’s fundamentals and by the exogenous factors.AuthorDespite both stocks seemingly being undervalued, when considering the weighted average price target, the two modelizations suggest that GOOG may offer a higher expected return, while META’s expected performance is seen 50% higher than the latest closing price, or at about $167. Both modelizations emphasize the still substantial expected return, also in the less optimistic scenario.Investors should consider that those forecasts are based on a relatively conservative assumption in terms of perpetual growth rates, higher discount rates, and the recent trend in increased interest rates, which reflects the actual situation and forecast possible scenarios. An inversion of this trend would change this perspective and value the company at a higher price.Outlook and Risk discussionWith both companies having tremendous possibilities to expand their powerful product ecosystem, it’s quite difficult to estimate their relevant total addressable market [TAM], as both peers have shown to be able to significantly grow their business either organically or through strategic acquisitions. Alphabet and Meta own strong brands with Google ranked in the fourth position in Interbrand's Best Global Brands, while Facebook is ranked 17th. Google’s essentially monopolistic position in search engines, its gigantic database with no equal data-harvesting worldwide, and the dominant position in the smartphone industry with Android estimated to hold a share of 72% in the mobile operating systems’ market, while Apple is progressively gaining market shares, are only some of the company’s major strengths. Despite this, with approximately 80% of its revenue originating from income related to advertising, the company’s revenue model is highly exposed to demand fluctuations, and with a recession likely seen coming in major global economies, dropping consumer spending and cuts in expenses on advertising, will likely have a tangible negative effect on the company’s results. Privacy concerns and regulatory pressure, as well as data security, are also possible future threats to Alphabet, Meta, and their peers, as the biggest strength for the companies, the massive data collection, is the most damaging weakness for their users. Among Alphabet’s most promising opportunities I do like to underscore the company’s positioning in terms of Artificial Intelligence [AI], Machine Learning [ML], and cloud-based business, as well as its expansion into the wearable OS market, and the great diversification opportunities the company could access or create through its colossal financial strength.Meta is building a strong product portfolio including WhatsApp, Instagram, Messenger, Oculus, Workplace, Portal, and Calibra to diversify from Facebook and create expanded opportunities in strong secular trends. With over 45% of the world’s population using Facebook or its family products, the company holds an extremely powerful and irreplaceable position. But with approximately 98% of revenue originating from advertising, Meta is even more exposed to demand-driven fluctuations than Alphabet, and since the company is massively investing and focusing its resources on developing its visionary Metaverse, the diversification opportunities are, at least for the moment, seemingly more limited than Alphabet’s. Facebook has been losing popularity after facing backlash over its negligence in protecting the user’s privacy, while negative publicity, allegations of racial basis, or the platform’s inability to control the spread of fake and misleading information, may have cast a shadow on the company’s once brighter outlook. Despite this, Meta faces many opportunities in terms of possible monetization of its platforms through paid services such as news subscriptions, peer-to-peer marketplaces, online dating apps, e-wallets, or the development of other hardware devices, while its existing technologies could also be integrated or connected with a variety of other applications, such as e-commerce, gaming, or expanded into the digital creators' space, or by offering remote-work solutions. In terms of future-oriented secular growth vectors, Meta has extensive expertise in AI and ML, which the company could use to penetrate markets such as the technologies used for autonomous vehicles, where other competitors like Google, Amazon, and Apple are already massively investing.Alphabet is rated with a Strong Buy rating from Seeking Alpha’s Quant Rating since August 25, 2022, and holds the first two positions in the Interactive Media and Services industry through its two share classes.SeekingAlpha.comMeta has instead been qualified as a Hold position since the end of 2021 and is ranked 22 out of 62 in the relevant industry. Both companies are without seen excelling in terms of profitability, while growth and valuation seem to be less favorable factors in the actual uncertain market environment, with Meta also significantly suffering from the negative momentum in its more recent price action.SeekingAlpha.comThe Verdict: Which stock is the better buy?The two analyzed companies are two global leaders in the technology services industry, with their respective strengths and weaknesses, but also offering inherent opportunities with their correlated risks. From an investor's point of view, it’s important to consider the company’s ability to create value for its shareholders, while minimizing the risks. Past performance is not a guarantee for future results, and despite GOOG overall performing significantly better than META in the past few years, the latter is seemingly offering great opportunities ahead, and my rather conservative modelization hints at the significant undervaluation of both stocks. Both companies have strong financials and report high profitability, but Alphabet is seemingly on a better path, as the company reported an overall better trend and is expected to optimize its profitability even further, while also owning a massive idling cash position that offers incredibly many options, and could even further increase the company’s already superior capital allocation efficiency. Meta’s huge bet on the Metaverse may lead to great success, but it also bears a major risk, in times when the company’s great dependency on advertising spending is under pressure. While both companies’ Achilles heel is seemingly their dependency on spending in digital advertising, Meta is more reliant on it than Alphabet, and may also have shown less intention to diversify its revenue streams, when compared to its colossal peers. I consider both companies as being a buy position for long-term oriented investors, but overall in this comparative analysis, I chose Alphabet as my favorite stock pick, for its preeminent opportunities and lower risk profile, while seemingly also offering the greater potential in its stock performance, when considering all three forecasted scenarios.","news_type":1},"isVote":1,"tweetType":1,"viewCount":102,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9955917489,"gmtCreate":1675132541941,"gmtModify":1676538978286,"author":{"id":"4094706538255210","authorId":"4094706538255210","name":"DavidHTW","avatar":"https://community-static.tradeup.com/news/f4211692e23623de59a502307acbb4cc","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4094706538255210","authorIdStr":"4094706538255210"},"themes":[],"htmlText":"Good call","listText":"Good call","text":"Good call","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":11,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9955917489","repostId":"1147905501","repostType":4,"repost":{"id":"1147905501","pubTimestamp":1675123436,"share":"https://ttm.financial/m/news/1147905501?lang=&edition=fundamental","pubTime":"2023-01-31 08:03","market":"us","language":"en","title":"Tesla: Calm Before The Interest Rate Storm","url":"https://stock-news.laohu8.com/highlight/detail?id=1147905501","media":"Seeking Alpha","summary":"SummaryWe seek to quantify the adverse effect of interest rate increases on demand and pricing power","content":"<html><head></head><body><h2>Summary</h2><ul><li>We seek to quantify the adverse effect of interest rate increases on demand and pricing power for Tesla, Inc.</li><li>We look at some of Musk&#39;s more troubling statements, about Federal Reserve policy, the recession and other overlooked factors.</li><li>Investors may want to stay cautious, as Tesla could face more headwinds than seems obvious, despite last week&#39;s strong rally.</li><li>Despite the strong headwinds, there is still a strong case to be made for Tesla&#39;s future dominance in energy, robotics, AI and self-driving, albeit sacrificing a margin of safety.</li></ul><p><img src=\"https://static.tigerbbs.com/f4d54f6d64a49f3f5870fd3eb35006ad\" tg-width=\"750\" tg-height=\"484\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Tesla, Inc. (NASDAQ:TSLA) soared last week after its earnings call, from a low of $101.20 three weeks ago, and rebounded 76.85% to a share price of $178.97. The earnings call contained many subtle, yet very important and alarming clues that seemed to be rather overlooked by most.</p><p>We will explain why investors may want to tread carefully with Tesla, Inc., and perhaps wait for volatility to subside, due to the impact of higher interest rates and an impending consumer recession, which has not yet fully sunk in.</p><h2>Demand Headwinds?</h2><p>In terms of demand, the question right now is not necessarily whether Tesla will have enough demand, but rather how much pricing power they have vis-à-vis their 2023 output. Gross margin is a very important factor in that calculation.</p><p>If we look at Tesla&#39;sgross margins, they peaked at 32.9% in Q1 2022, and dropped to about 25.9% in Q4. That&#39;s quite a difference, because in Q1 Tesla did $16.86BN in sales, and $21.31BN in Q4, but made the same gross revenue attributable to such margin decline. Fortunately, Tesla has tremendous operating leverage, with OpEx. remaining almost miraculously flat over the past few years.</p><p><img src=\"https://static.tigerbbs.com/929b45b1bb1ca3ceeee75edbdbe8ccb8\" tg-width=\"640\" tg-height=\"384\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>TIKR Terminal</p><p>But the reduction in gross margin does signal to us that demand may not be as elastic as previously estimated by Tesla executives. We think thenext platform, where we could see vehicles produced for $25,000 or $30,000, will be crucial if Tesla wants to drive up profits, and make up for it in volume, given that the market for premium EVs is only so big.</p><p>As for margins, an analyst asked during the call about rumors that gross margins for cars would fall below 20% and that the average selling price (ASP) would fall below $47,000 after price cuts, to which management replied:</p><blockquote>So there is certainly a lot of uncertainty about how the year will unfold, but I&#39;ll share what&#39;s in our current forecast for a moment. So based upon these metrics here, we believe that we&#39;ll be above both of the metrics that are stated in the question, so 20% automotive gross margin, excluding leases and rent credits and then $47,000 ASP across all models. (Zachary Kirkhorn, CFO)</blockquote><p>Management also confirmed its intentions to produce 1.8 million vehicles by 2023, so we take all those 3 parameters in this valuation to set out the low bar of what Tesla definitely expects to deliver in terms of results. We think this is a conservative approach given the many uncertainties. At 1.8 million units, an ASP of $47k and a gross margin of 20%, that would mean $16.92BN in gross profit. If OpEx increased linearly as it has over the past 2 years, we would expect about $8BN in OpEx, which would bring operating income to about $8.92BN.</p><p>In our view, that is a scenario that could play out in a fairly severe recession, but it has been set as a benchmark by Tesla itself, which they could certainly beat. The reason we put that scenario on the table is mostly due toour foresightabout where the economy is going, and Elon Musk&#39;s comments. Currently, in terms of car sales, bothin Europeandthe U.S., things don&#39;t look so bleak. Fortunately, EVs are the least dirty shirt of all, still going strong.</p><p><img src=\"https://static.tigerbbs.com/91b93ec37a29e3b4ee254dce4c9a4efc\" tg-width=\"640\" tg-height=\"384\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>TIKR Terminal</p><p>We think Elon has also already given some small hints about what the automotive landscape looks like at the moment, sort of implying that he would not be surprised if Tesla shares fell to &#34;surprisingly low levels.&#34;</p><blockquote>As I said in the last call, there&#39;s going to be bumps along the way and we&#39;ll probably have a pretty difficult recession this year, probably. I hope not, but probably. And so, one can&#39;t predict the short-term sort of stock value, because when there&#39;s a recession and people panic and the stock market then prices of stocks, worth<b>value of stocks can drop sometimes to surprisingly low levels</b>. (Emphasis added.)</blockquote><p>About a recession, he had the following to say:</p><blockquote>Yes. My guess is, if there is --<b>if the recession is a serious one and I think it probably will be</b>, but I hope it isn&#39;t, that would lead to meaningful decreases in almost all of our input costs. So we expect to see deflation in our input costs most likely, which would then lead to, yes, better margin. I&#39;m just guessing here. So, this is -- that would be my guess. (Emphasis added.)</blockquote><p>Consequently, Elon Musk also thinks the U.S. is on the brink of a severe recession. Despite such comments, investors did not seem to act cautiously, especially after seeing the stock rise 75%+ in no time.</p><p>We think this volatility will persist. On the other hand, there is a possibility, that when we enter a recession, commodity prices tend to fall, as Elon thinks. On the other hand,according to strategists, commodity price inflation accelerates the world&#39;s transition away from fossil fuels by making renewables more competitive.</p><p><img src=\"https://static.tigerbbs.com/e879cc424aa6818a93210c38629c1b5a\" tg-width=\"635\" tg-height=\"417\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>Data byYCharts</p><p>We doubt that statement a bit, because the demand for certain commodities such as lithium and copper has a very different dynamic now than in the past, while the demand for lithium-ion batteries and energy storage currently seems essentially infinite. Tesla itself is working toward 1,000 GWh.</p><p>That&#39;s still a long way off, as production of 1.31 million vehicles in 2022 would have required about 100 GWh+, according to our estimate. If Tesla were to exponentially double its lithium production, along with every other automaker, we believe it would be difficult to see production drop significantly, as we believe demand will continue to outstrip supply for quite some time.</p><p>However, management also seems to believe that these types of commodities are expected to remain high in 2023.</p><blockquote>On the raw materials and inflation side, where<b>lithium is the large driver there and this was a meaningful source of cost increase for us, we&#39;ll have to see where lithium prices go</b>. And we&#39;re not fully exposed to lithium prices, but I think in general, is what we&#39;ve seen from our forecast here, cost per car of lithium in 2023 will be higher than 2022. So that&#39;s a headwind that would have to be overcome to return back to those levels. (Emphasis added.)</blockquote><h2>Near-Term Valuation</h2><p>In the field of investing, there is a well-known saying that goes: look down, not up. This implies that investors should always strive to minimize the loss of principal. With that in mind, we will examine what the downside might look like under stressful conditions, as we saw in late 2022.</p><p>The usual indicators of economic turmoil, such as the 2-10-year yield curve or the3-month 10-yearyield curve, are deeply inverted, most since the 1980s. Combined with two consecutive quarters of negative GDP and a large amount of excess liquidity being withdrawn from the monetary system, and thelong and variable lagsof monetary policy, this will create interesting conditions in the 2H 2022.</p><p><img src=\"https://static.tigerbbs.com/2a429bb67866c69349254583b0022343\" tg-width=\"640\" tg-height=\"247\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Federal Reserve (FRED)</p><p>However, going back to the bear case of about $8.92BN in operating income, we think investors are still willing to assign a higher multiple to the stock, as has been the case in the past. Tesla has always traded at a premium, whether that is because of its growth or an upbeat outlook is for another debate.</p><p>At a multiple of 30x, the stock would come out at $267.6BN, or only $84.74 in a rather worst-case scenario, closer to the $101.20 of 3 weeks ago. However, there is something to be said that it could be even lower if we look at statistics such as free cash flow. Tesla generated $7.6BN in FCF, currently trading at nearly 74x 2022 FCF, while it had industry-leading margins especially in 1H.</p><p>It is hard to find other companies at the same level as Tesla, producing the same output when it comes to EVs. In our opinion, BYD (OTCPK:BYDDF) comes closest to Tesla,which produced911,140 EVs with pure batteries, or 1.86 million total plug-in vehicles. We understand that Chinese companies have been trading at a discount to U.S. stocks lately, due to geopolitical factors, although the discrepancy with Tesla is much larger compared to, say, other U.S. tech stocks versus Chinese tech stocks. TheHang Senghas a P/E ratio of 12.43 compared to21.76 for the S&amp;P 500(SPY).</p><p>On an LTM basis, BYD had $6.15BN in FCF, similar to Tesla as you can see in the chart below, but the company only hasa market capof $106.7BN. This means that, taking into account the U.S. stock premium, some might justify a valuation closer to $200BN, in times of distress. Or, as Musk would say, in a recession &#34;the value of stocks can sometimes fall to surprisingly low levels.&#34;</p><p><img src=\"https://static.tigerbbs.com/4bdc9e9abcaea70f14ab8b7b1a7546dc\" tg-width=\"640\" tg-height=\"384\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>TIKR Terminal</p><p>If it ever gets close to BYD&#39;s relative valuation, and that bridge is closed, we do not rule out a scenario in which Tesla could touch that $200BN market cap, or $63.34 per share. That is mainly why we are currently giving a hold rating, because the risk of losing principal in the short to medium term could be quite high, in a market that is still in its early stages.</p><p>We have also not yet seen the impact of competition on margins, as they are extremelyslow in their transitionto EVs, not counting certain Chinese EV manufacturers. Here&#39;s what management had to say about their Chinese competitors:</p><blockquote>In the vehicle space, even though the market is shrinking, we&#39;re growing and EVs have doubled almost year-over-year. So, like it ever keeps up with the trend of EVs is going to be our competitor.<b>The Chinese are scary; we always say that</b>. (Emphasis added.)</blockquote><p>Elon also gave his input:</p><blockquote>I think we have a lot of respect for the car companies in China. They are the most competitive in the world, that is our experience and the Chinese market, it is the most competitive. They work the hardest and they work the smartest, that&#39;s so for the China car companies that we&#39;re competing against. And so we would guess, there are probably some company out of China<b>as the most likely to be second to Tesla</b>. (Emphasis added.)</blockquote><p>The issue of a buyback has also been on the table since Tesla was trading well above $200 but did not break through because they wanted to play it safe, with a potentially severe recession around the corner. About their $20BN balance sheet, he had the following to say:</p><blockquote>The cash is earning a ridiculous return, a good return. So it&#39;s like nontrivial. And the interest rate actually in the $20 billion is earning like quite a good amount.</blockquote><p><img src=\"https://static.tigerbbs.com/b02559674a92712ba5d9641d9bdfc757\" tg-width=\"635\" tg-height=\"417\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>Data byYCharts</p><p>On the one hand, it seems a bit paradoxical to us. Currently, the highestinterest rateis 4.79% on a 6-month Treasury note, it&#39;s a bit strange to call that a good amount compared to the promised 50% revenue growth from Elon and his team. Though, we can totally see why Tesla doesn&#39;t want to do a buyback after the bouts they had in2008and2018, nearly bankrupt.</p><p>But having no confidence inissuing a buyback, and havingsold $40BNworth of shares himself, doesn&#39;t exactly scream downside protection and &#34;extremely undervalued&#34; stock to us.</p><p>Interest Rate Headwinds</p><p>About interest rates and the Federal Reserve, Elon had something remarkable to say toward the end of the talk that we don&#39;t think anyone really spoke about. He said the following:</p><blockquote>I&#39;ve made this point on Twitter a few times. I&#39;m sure a lot of people on this call understand the fact -- the basic value of a security is a function of the risk-free rate or<b>we&#39;ll see how risk-free it really is</b>but the T-bill rate. So if you&#39;ve got -- I think the -- I recall correctly, the S&amp;P 500 has a long-term rate of return of roughly 6%. And so I think that needs to be very cautious about having Fed rates that potentially exceeds 6%. (Emphasis added.)</blockquote><p>The suggestion that &#34;we&#39;ll see how risk-free it really is&#34; caught us somewhat by surprise, but it does confirm that serious economic turmoil is imminent. Or perhaps it refers to ahypothetical first defaultby the U.S. of the $31.4T debt ceiling recently reached.</p><p>Outside an economic downturn, we personally consider it likely that other events will occur as unintended consequences, such as a liquidity crunch like March 2020, turmoil in the Treasury market or something that might break through, such as the shadow banking/ Eurodollar system. Ray Dalio also warnedearlier this weekthat the dollar-dominated world order is &#34;fading.&#34;</p><p>So when it comes to policy mistakes, we believe the risks are higher than ever. Remember that interest rate hikes take at least12 monthsto have a widespread economic effect, and 18 months to be fully felt. Inflation is already starting to fall, and these increases at a record pace are not likely to be fully felt until 2H 2023. It may be in the interest of Tesla and the economy if the Fed proceeds cautiously.</p><p><img src=\"https://static.tigerbbs.com/5aa0af10c51a1332ede890af1bed82d7\" tg-width=\"640\" tg-height=\"247\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Federal Reserve (FRED)</p><p>Interest rates and auto loans, as a function of GDP, at about 5.5% of GDP, have almost never been higher. Consumer debt in general is at historically high levels. The impact of a Federal Funds rate above 5% can be felt harder, knowing that in the past, debt was much lower than GDP when interest rates were even higher.</p><p>Applying this specifically to Tesla, there is a significant headwind that these higher rates create. We have not yet experienced interest rates being raised this far from near zero, but the effect on auto loans is already starting to be felt.</p><p>The chart below shows the correlation between the Federal Funds Rate in red, thefinancing rateon 48-month auto loans in blue and total auto sales in green.</p><p><img src=\"https://static.tigerbbs.com/4f8932fd5b55cac7c05931b71c9d768c\" tg-width=\"640\" tg-height=\"247\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Federal Reserve (FRED)</p><p>The first thing to note is that there is usually a 3% spread between Federal Funds and loan rates, unless the interest rate is close to zero. If we have a Federal Funds rate of 5%, it is reasonable to estimate that loan rates will be near 8%, if not higher.</p><p>Auto loans have been around 4.5% for the past 8 years. That difference will be felt. For example, if we take a standard Model Y, at 4.5% you would end up paying about $7,880 in interest, versus $14,470.</p><p><img src=\"https://static.tigerbbs.com/93e566a927b8e559d42c884c638f4cbc\" tg-width=\"640\" tg-height=\"348\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Auto Loan Calculator</p><p>That&#39;s a difference of about $6590, or a 10.45% increase in the total price when purchased with a loan, due to higher rates. Without taking into account the possibility of declining car sales due to higher unemployment, etc.</p><p><img src=\"https://static.tigerbbs.com/8a41a6ef086dc379f5059a0879c5c176\" tg-width=\"640\" tg-height=\"345\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Auto Loan Calculator</p><p>On Tesla&#39;s website in the US you can currently get an APR of 5.34%, and in the EU we could find a rate of about 2% APR on a standard Model Y. For people with lower credit scores trying to buyan affordable car, the impact is even greater. As the Fedand ECBcontinue to raise interest rates, we see this as a serious headwind.</p><blockquote>As you raise the price, the percentage of people that can afford the car starts to drop exponentially. (Elon Musk,Tesla owners Silicon Valley podcast)</blockquote><h2>Energy Is Currency</h2><p>Aside from the relative valuation and near-term headwinds, we also would not sell or short Tesla at these prices. With near infinite demand for green and renewable energy storage, Tesla&#39;s headwinds in vehicle demand may soon turn into tailwinds as an energy manufacturer.</p><p>For reference, over the past more than 10 years, the cost of lithium-ion batteries has fallen, according to Wright&#39;s Law. That means that for every cumulative doubling of the number of units produced, the cost falls by a constant percentage. At about $100/kWh, EVs reach the samesticker priceas internal combustion vehicles, and it no longer becomes economically justifiable to buy those ICE vehicles, since both the initial selling price and the cost of ownership are cheaper for EVs.</p><p><img src=\"https://static.tigerbbs.com/70b7b82478006efc000031a08f00eabe\" tg-width=\"640\" tg-height=\"320\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Author&#39;s Graph (Bloomberg Data)</p><p>Prices currentlyaverage $151/kWh, although some manufacturers in China were already close to $100/kWh by 2022. Recently, commodity prices have heavily depressed the natural decline in battery cell prices. During the Q3 earnings call, Elon Musk told investors that once the 4680 battery cell is fully integrated, he believes there is a path to $70 per kWh cell.</p><p><img src=\"https://static.tigerbbs.com/28a9861bf0db45a6592fb4d1869c5131\" tg-width=\"640\" tg-height=\"360\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Bloomberg</p><p>What&#39;s crazy is that, with the &#34;inflation reduction act&#34;, Tesla as a manufacturer of battery cells could receive credits worth $35/kWh. They currently work together with Panasonic and had this to say:</p><blockquote>In the case of Panasonic domestic manufacturing, we&#39;re splitting the value of the credits. So it -- the value of credits this year will not be gigantic, but I think it could be gigantic -- we think it probably will be very significant in the future. (Elon Musk, Q4)</blockquote><p>At 500 GWh, for example, those credits alone would be worth $17.5BN. Not only would that be a game changer, it would make Tesla one of the leaders in mass production of batteries. We think this is crucial, because we firmly believe that the future will be a combination ofbattery cells, wind and solar.</p><p>This could certainly be a case like Amazon, which some analysts were bearish about in the early 2000s because Amazon&#39;s business model then had low margins as an Internet wholesaler. Just as Tesla could see its margins shrink, we believe they will continue to use their cash flow and technological edge to expand as a conglomerate in the areas of energy, robotics, artificial and perhaps self-driving.</p><p>In Tesla&#39;s case, it&#39;s a positive feedback loop, even in terms of AI and computing power. Even if it fails to maintain its industry-leading operating margins, they still have the benefit of their AI, data collection, energy and manufacturing/ automation. When training AI models, if you have access to a world-class team, renewable energy,computing(Dojo) and robotics, you are well-prepared to lead in the AI race as well.</p><blockquote>As we mentioned many times before, we want to be the best manufacturer. But really, manufacturing technology will be our most important long-term strength. (Elon Musk, Q4 Call)</blockquote><h2>The Bottom Line</h2><p>With a consumer recession around the corner, ahawkish Fed, and uncertainty surrounding Tesla&#39;s pricing power, it may be a good idea to exercise some caution and not chase trends and volatility. On the other hand, much can be said about Tesla&#39;s important long-term outlook.</p><p>One thing is certain: if it&#39;s bad for Tesla, imagine what it will be like for all the other legacy car manufacturers who riddled in debt and have not been in this situation since before 2008.... Here is a quote from the earnings call to sum everything up, about if interest rates were to get closer to 6%:</p><blockquote>Basically, the Fed is the risk of crushing the value of all equities, which is quite a serious, danger. (Elon Musk, Q4 Call)</blockquote></body></html>","source":"seekingalpha_fund","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: Calm Before The Interest Rate Storm</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: Calm Before The Interest Rate Storm\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-01-31 08:03 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4573523-tesla-calm-before-the-interest-rate-storm><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryWe seek to quantify the adverse effect of interest rate increases on demand and pricing power for Tesla, Inc.We look at some of Musk's more troubling statements, about Federal Reserve policy, ...</p>\n\n<a href=\"https://seekingalpha.com/article/4573523-tesla-calm-before-the-interest-rate-storm\">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/4573523-tesla-calm-before-the-interest-rate-storm","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1147905501","content_text":"SummaryWe seek to quantify the adverse effect of interest rate increases on demand and pricing power for Tesla, Inc.We look at some of Musk's more troubling statements, about Federal Reserve policy, the recession and other overlooked factors.Investors may want to stay cautious, as Tesla could face more headwinds than seems obvious, despite last week's strong rally.Despite the strong headwinds, there is still a strong case to be made for Tesla's future dominance in energy, robotics, AI and self-driving, albeit sacrificing a margin of safety.Tesla, Inc. (NASDAQ:TSLA) soared last week after its earnings call, from a low of $101.20 three weeks ago, and rebounded 76.85% to a share price of $178.97. The earnings call contained many subtle, yet very important and alarming clues that seemed to be rather overlooked by most.We will explain why investors may want to tread carefully with Tesla, Inc., and perhaps wait for volatility to subside, due to the impact of higher interest rates and an impending consumer recession, which has not yet fully sunk in.Demand Headwinds?In terms of demand, the question right now is not necessarily whether Tesla will have enough demand, but rather how much pricing power they have vis-à-vis their 2023 output. Gross margin is a very important factor in that calculation.If we look at Tesla'sgross margins, they peaked at 32.9% in Q1 2022, and dropped to about 25.9% in Q4. That's quite a difference, because in Q1 Tesla did $16.86BN in sales, and $21.31BN in Q4, but made the same gross revenue attributable to such margin decline. Fortunately, Tesla has tremendous operating leverage, with OpEx. remaining almost miraculously flat over the past few years.TIKR TerminalBut the reduction in gross margin does signal to us that demand may not be as elastic as previously estimated by Tesla executives. We think thenext platform, where we could see vehicles produced for $25,000 or $30,000, will be crucial if Tesla wants to drive up profits, and make up for it in volume, given that the market for premium EVs is only so big.As for margins, an analyst asked during the call about rumors that gross margins for cars would fall below 20% and that the average selling price (ASP) would fall below $47,000 after price cuts, to which management replied:So there is certainly a lot of uncertainty about how the year will unfold, but I'll share what's in our current forecast for a moment. So based upon these metrics here, we believe that we'll be above both of the metrics that are stated in the question, so 20% automotive gross margin, excluding leases and rent credits and then $47,000 ASP across all models. (Zachary Kirkhorn, CFO)Management also confirmed its intentions to produce 1.8 million vehicles by 2023, so we take all those 3 parameters in this valuation to set out the low bar of what Tesla definitely expects to deliver in terms of results. We think this is a conservative approach given the many uncertainties. At 1.8 million units, an ASP of $47k and a gross margin of 20%, that would mean $16.92BN in gross profit. If OpEx increased linearly as it has over the past 2 years, we would expect about $8BN in OpEx, which would bring operating income to about $8.92BN.In our view, that is a scenario that could play out in a fairly severe recession, but it has been set as a benchmark by Tesla itself, which they could certainly beat. The reason we put that scenario on the table is mostly due toour foresightabout where the economy is going, and Elon Musk's comments. Currently, in terms of car sales, bothin Europeandthe U.S., things don't look so bleak. Fortunately, EVs are the least dirty shirt of all, still going strong.TIKR TerminalWe think Elon has also already given some small hints about what the automotive landscape looks like at the moment, sort of implying that he would not be surprised if Tesla shares fell to \"surprisingly low levels.\"As I said in the last call, there's going to be bumps along the way and we'll probably have a pretty difficult recession this year, probably. I hope not, but probably. And so, one can't predict the short-term sort of stock value, because when there's a recession and people panic and the stock market then prices of stocks, worthvalue of stocks can drop sometimes to surprisingly low levels. (Emphasis added.)About a recession, he had the following to say:Yes. My guess is, if there is --if the recession is a serious one and I think it probably will be, but I hope it isn't, that would lead to meaningful decreases in almost all of our input costs. So we expect to see deflation in our input costs most likely, which would then lead to, yes, better margin. I'm just guessing here. So, this is -- that would be my guess. (Emphasis added.)Consequently, Elon Musk also thinks the U.S. is on the brink of a severe recession. Despite such comments, investors did not seem to act cautiously, especially after seeing the stock rise 75%+ in no time.We think this volatility will persist. On the other hand, there is a possibility, that when we enter a recession, commodity prices tend to fall, as Elon thinks. On the other hand,according to strategists, commodity price inflation accelerates the world's transition away from fossil fuels by making renewables more competitive.Data byYChartsWe doubt that statement a bit, because the demand for certain commodities such as lithium and copper has a very different dynamic now than in the past, while the demand for lithium-ion batteries and energy storage currently seems essentially infinite. Tesla itself is working toward 1,000 GWh.That's still a long way off, as production of 1.31 million vehicles in 2022 would have required about 100 GWh+, according to our estimate. If Tesla were to exponentially double its lithium production, along with every other automaker, we believe it would be difficult to see production drop significantly, as we believe demand will continue to outstrip supply for quite some time.However, management also seems to believe that these types of commodities are expected to remain high in 2023.On the raw materials and inflation side, wherelithium is the large driver there and this was a meaningful source of cost increase for us, we'll have to see where lithium prices go. And we're not fully exposed to lithium prices, but I think in general, is what we've seen from our forecast here, cost per car of lithium in 2023 will be higher than 2022. So that's a headwind that would have to be overcome to return back to those levels. (Emphasis added.)Near-Term ValuationIn the field of investing, there is a well-known saying that goes: look down, not up. This implies that investors should always strive to minimize the loss of principal. With that in mind, we will examine what the downside might look like under stressful conditions, as we saw in late 2022.The usual indicators of economic turmoil, such as the 2-10-year yield curve or the3-month 10-yearyield curve, are deeply inverted, most since the 1980s. Combined with two consecutive quarters of negative GDP and a large amount of excess liquidity being withdrawn from the monetary system, and thelong and variable lagsof monetary policy, this will create interesting conditions in the 2H 2022.Federal Reserve (FRED)However, going back to the bear case of about $8.92BN in operating income, we think investors are still willing to assign a higher multiple to the stock, as has been the case in the past. Tesla has always traded at a premium, whether that is because of its growth or an upbeat outlook is for another debate.At a multiple of 30x, the stock would come out at $267.6BN, or only $84.74 in a rather worst-case scenario, closer to the $101.20 of 3 weeks ago. However, there is something to be said that it could be even lower if we look at statistics such as free cash flow. Tesla generated $7.6BN in FCF, currently trading at nearly 74x 2022 FCF, while it had industry-leading margins especially in 1H.It is hard to find other companies at the same level as Tesla, producing the same output when it comes to EVs. In our opinion, BYD (OTCPK:BYDDF) comes closest to Tesla,which produced911,140 EVs with pure batteries, or 1.86 million total plug-in vehicles. We understand that Chinese companies have been trading at a discount to U.S. stocks lately, due to geopolitical factors, although the discrepancy with Tesla is much larger compared to, say, other U.S. tech stocks versus Chinese tech stocks. TheHang Senghas a P/E ratio of 12.43 compared to21.76 for the S&P 500(SPY).On an LTM basis, BYD had $6.15BN in FCF, similar to Tesla as you can see in the chart below, but the company only hasa market capof $106.7BN. This means that, taking into account the U.S. stock premium, some might justify a valuation closer to $200BN, in times of distress. Or, as Musk would say, in a recession \"the value of stocks can sometimes fall to surprisingly low levels.\"TIKR TerminalIf it ever gets close to BYD's relative valuation, and that bridge is closed, we do not rule out a scenario in which Tesla could touch that $200BN market cap, or $63.34 per share. That is mainly why we are currently giving a hold rating, because the risk of losing principal in the short to medium term could be quite high, in a market that is still in its early stages.We have also not yet seen the impact of competition on margins, as they are extremelyslow in their transitionto EVs, not counting certain Chinese EV manufacturers. Here's what management had to say about their Chinese competitors:In the vehicle space, even though the market is shrinking, we're growing and EVs have doubled almost year-over-year. So, like it ever keeps up with the trend of EVs is going to be our competitor.The Chinese are scary; we always say that. (Emphasis added.)Elon also gave his input:I think we have a lot of respect for the car companies in China. They are the most competitive in the world, that is our experience and the Chinese market, it is the most competitive. They work the hardest and they work the smartest, that's so for the China car companies that we're competing against. And so we would guess, there are probably some company out of Chinaas the most likely to be second to Tesla. (Emphasis added.)The issue of a buyback has also been on the table since Tesla was trading well above $200 but did not break through because they wanted to play it safe, with a potentially severe recession around the corner. About their $20BN balance sheet, he had the following to say:The cash is earning a ridiculous return, a good return. So it's like nontrivial. And the interest rate actually in the $20 billion is earning like quite a good amount.Data byYChartsOn the one hand, it seems a bit paradoxical to us. Currently, the highestinterest rateis 4.79% on a 6-month Treasury note, it's a bit strange to call that a good amount compared to the promised 50% revenue growth from Elon and his team. Though, we can totally see why Tesla doesn't want to do a buyback after the bouts they had in2008and2018, nearly bankrupt.But having no confidence inissuing a buyback, and havingsold $40BNworth of shares himself, doesn't exactly scream downside protection and \"extremely undervalued\" stock to us.Interest Rate HeadwindsAbout interest rates and the Federal Reserve, Elon had something remarkable to say toward the end of the talk that we don't think anyone really spoke about. He said the following:I've made this point on Twitter a few times. I'm sure a lot of people on this call understand the fact -- the basic value of a security is a function of the risk-free rate orwe'll see how risk-free it really isbut the T-bill rate. So if you've got -- I think the -- I recall correctly, the S&P 500 has a long-term rate of return of roughly 6%. And so I think that needs to be very cautious about having Fed rates that potentially exceeds 6%. (Emphasis added.)The suggestion that \"we'll see how risk-free it really is\" caught us somewhat by surprise, but it does confirm that serious economic turmoil is imminent. Or perhaps it refers to ahypothetical first defaultby the U.S. of the $31.4T debt ceiling recently reached.Outside an economic downturn, we personally consider it likely that other events will occur as unintended consequences, such as a liquidity crunch like March 2020, turmoil in the Treasury market or something that might break through, such as the shadow banking/ Eurodollar system. Ray Dalio also warnedearlier this weekthat the dollar-dominated world order is \"fading.\"So when it comes to policy mistakes, we believe the risks are higher than ever. Remember that interest rate hikes take at least12 monthsto have a widespread economic effect, and 18 months to be fully felt. Inflation is already starting to fall, and these increases at a record pace are not likely to be fully felt until 2H 2023. It may be in the interest of Tesla and the economy if the Fed proceeds cautiously.Federal Reserve (FRED)Interest rates and auto loans, as a function of GDP, at about 5.5% of GDP, have almost never been higher. Consumer debt in general is at historically high levels. The impact of a Federal Funds rate above 5% can be felt harder, knowing that in the past, debt was much lower than GDP when interest rates were even higher.Applying this specifically to Tesla, there is a significant headwind that these higher rates create. We have not yet experienced interest rates being raised this far from near zero, but the effect on auto loans is already starting to be felt.The chart below shows the correlation between the Federal Funds Rate in red, thefinancing rateon 48-month auto loans in blue and total auto sales in green.Federal Reserve (FRED)The first thing to note is that there is usually a 3% spread between Federal Funds and loan rates, unless the interest rate is close to zero. If we have a Federal Funds rate of 5%, it is reasonable to estimate that loan rates will be near 8%, if not higher.Auto loans have been around 4.5% for the past 8 years. That difference will be felt. For example, if we take a standard Model Y, at 4.5% you would end up paying about $7,880 in interest, versus $14,470.Auto Loan CalculatorThat's a difference of about $6590, or a 10.45% increase in the total price when purchased with a loan, due to higher rates. Without taking into account the possibility of declining car sales due to higher unemployment, etc.Auto Loan CalculatorOn Tesla's website in the US you can currently get an APR of 5.34%, and in the EU we could find a rate of about 2% APR on a standard Model Y. For people with lower credit scores trying to buyan affordable car, the impact is even greater. As the Fedand ECBcontinue to raise interest rates, we see this as a serious headwind.As you raise the price, the percentage of people that can afford the car starts to drop exponentially. (Elon Musk,Tesla owners Silicon Valley podcast)Energy Is CurrencyAside from the relative valuation and near-term headwinds, we also would not sell or short Tesla at these prices. With near infinite demand for green and renewable energy storage, Tesla's headwinds in vehicle demand may soon turn into tailwinds as an energy manufacturer.For reference, over the past more than 10 years, the cost of lithium-ion batteries has fallen, according to Wright's Law. That means that for every cumulative doubling of the number of units produced, the cost falls by a constant percentage. At about $100/kWh, EVs reach the samesticker priceas internal combustion vehicles, and it no longer becomes economically justifiable to buy those ICE vehicles, since both the initial selling price and the cost of ownership are cheaper for EVs.Author's Graph (Bloomberg Data)Prices currentlyaverage $151/kWh, although some manufacturers in China were already close to $100/kWh by 2022. Recently, commodity prices have heavily depressed the natural decline in battery cell prices. During the Q3 earnings call, Elon Musk told investors that once the 4680 battery cell is fully integrated, he believes there is a path to $70 per kWh cell.BloombergWhat's crazy is that, with the \"inflation reduction act\", Tesla as a manufacturer of battery cells could receive credits worth $35/kWh. They currently work together with Panasonic and had this to say:In the case of Panasonic domestic manufacturing, we're splitting the value of the credits. So it -- the value of credits this year will not be gigantic, but I think it could be gigantic -- we think it probably will be very significant in the future. (Elon Musk, Q4)At 500 GWh, for example, those credits alone would be worth $17.5BN. Not only would that be a game changer, it would make Tesla one of the leaders in mass production of batteries. We think this is crucial, because we firmly believe that the future will be a combination ofbattery cells, wind and solar.This could certainly be a case like Amazon, which some analysts were bearish about in the early 2000s because Amazon's business model then had low margins as an Internet wholesaler. Just as Tesla could see its margins shrink, we believe they will continue to use their cash flow and technological edge to expand as a conglomerate in the areas of energy, robotics, artificial and perhaps self-driving.In Tesla's case, it's a positive feedback loop, even in terms of AI and computing power. Even if it fails to maintain its industry-leading operating margins, they still have the benefit of their AI, data collection, energy and manufacturing/ automation. When training AI models, if you have access to a world-class team, renewable energy,computing(Dojo) and robotics, you are well-prepared to lead in the AI race as well.As we mentioned many times before, we want to be the best manufacturer. But really, manufacturing technology will be our most important long-term strength. (Elon Musk, Q4 Call)The Bottom LineWith a consumer recession around the corner, ahawkish Fed, and uncertainty surrounding Tesla's pricing power, it may be a good idea to exercise some caution and not chase trends and volatility. On the other hand, much can be said about Tesla's important long-term outlook.One thing is certain: if it's bad for Tesla, imagine what it will be like for all the other legacy car manufacturers who riddled in debt and have not been in this situation since before 2008.... Here is a quote from the earnings call to sum everything up, about if interest rates were to get closer to 6%:Basically, the Fed is the risk of crushing the value of all equities, which is quite a serious, danger. (Elon Musk, Q4 Call)","news_type":1},"isVote":1,"tweetType":1,"viewCount":252,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":366808249626720,"gmtCreate":1730561189517,"gmtModify":1730561194097,"author":{"id":"4094706538255210","authorId":"4094706538255210","name":"DavidHTW","avatar":"https://community-static.tradeup.com/news/f4211692e23623de59a502307acbb4cc","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4094706538255210","authorIdStr":"4094706538255210"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/PLTR\">$Palantir Technologies Inc.(PLTR)$&nbsp;</a> It is going to be awesome!!!","listText":"<a href=\"https://ttm.financial/S/PLTR\">$Palantir Technologies Inc.(PLTR)$&nbsp;</a> It is going to be awesome!!!","text":"$Palantir Technologies Inc.(PLTR)$ It is going to be awesome!!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/366808249626720","isVote":1,"tweetType":1,"viewCount":14,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9002667798,"gmtCreate":1641998843248,"gmtModify":1676533670190,"author":{"id":"4094706538255210","authorId":"4094706538255210","name":"DavidHTW","avatar":"https://community-static.tradeup.com/news/f4211692e23623de59a502307acbb4cc","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4094706538255210","authorIdStr":"4094706538255210"},"themes":[],"htmlText":"Like like","listText":"Like like","text":"Like like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9002667798","repostId":"1138592368","repostType":4,"repost":{"id":"1138592368","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":1641997842,"share":"https://ttm.financial/m/news/1138592368?lang=&edition=fundamental","pubTime":"2022-01-12 22:30","market":"us","language":"en","title":"Stocks rise as Wall Street shakes off red hot inflation report","url":"https://stock-news.laohu8.com/highlight/detail?id=1138592368","media":"Tiger Newspress","summary":"Stocks rose Wednesday as investors eyed a new report on inflation, which showed another decades-high","content":"<html><head></head><body><p>Stocks rose Wednesday as investors eyed a new report on inflation, which showed another decades-high rate of price increases across the recovering economy. Still, this came a day following remarks from Federal Reserve Chair Jerome Powell reasserting that the central bank would step in as needed to rein in rising prices.</p><p>The Bureau of Labor Statistics&#39; December Consumer Price Index (CPI)showed prices rose at a 7.0% year-over-year rate at the end of 2021, marking the fastest increase since 1982. This matched consensus estimates, based on Bloomberg data, and accelerated from November&#39;s already elevated 6.8% increase. On a month-over-month basis, consumer prices rose 0.5%, or slightly more than the 0.4% rise expected, to mark an eighteenth consecutive month of prices increases.</p><p>Excluding food and energy prices, the so-called core measure of consumer prices rose 5.5% in December over last year, coming in at the fastest rate since 1991.</p><p>Wednesday&#39;s market moves came following a rebound rally on Tuesday, with markets at least temporarily finding relief in assurances from Federal Reserve Chair Jerome Powell that the central bank would step in as necessary to ease rising prices. InPowell&#39;s renomination hearing before the Senate Banking Committee, the central bank leader reiterated that the Fed would use its policy tools to bring down inflation.</p><p>“If we see inflation persisting at high levels, longer than expected, if we have to raise interest rates more over time, then we will,” Powell said during the hearing.</p><p>The central bankpreviously telegraphed it was eyeing three interest rate hikesthis year to bring benchmark rates up from their current near-zero levels. However, some topWall Street firms have predictedthe Fed will raise rates four times given the current inflationary backdrop.</p><p>But though Powell doubled down on the Fed&#39;s goal of curbing inflation and using interest rate hikes as a tool to achieve this, he revealed little further about the Fed&#39;s plan to begin shrinking its nearly $9 trillion balance sheet. The Fed&#39;s December meeting minutes last week suggested central bank officials were beginning to discuss drawing down the Fed&#39;s balance sheet after nearly two years of asset purchases to help support markets during the pandemic. Powell did reiterate in his hearing he expected the balance sheet runoff process would begin this year.</p><p>&#34;I think the biggest comment on most investors&#39; minds that we talk to around the world would be a &#39;policy mistake&#39; that the Fed might be too aggressive,&#34; Brian Belski, BMO Capital Markets chief investment strategist,told Yahoo Finance Live on Tuesday.&#34;Mr. Powell basically came out today and said this is going to be a process ... with respect to how long this is going to take, and I think that&#39;s what&#39;s calming investors.&#34;</p><p>Though prospects of higher borrowing costs and tighter financial conditions have stirred up volatility in U.S. equities and tech stocks especially in recent sessions, Tuesday&#39;s session saw a reversal, with the tech-heavy Nasdaq Composite sharply outperforming.</p><p>&#34;The issue with tech, I would argue, is not so much one of a little extra duration exposure because growth is further away, but it&#39;s simply one of valuation,&#34; Simeon Hyman, ProShares Global Investment Strategist,told Yahoo Finance Live on Tuesday.&#34;And indeed those top-heavy, largest-cap tech stocks perhaps just were a little bit expensive going into the end of last year and the beginning of 2022. But don&#39;t completely rule out good growth stories because that is the biggest defense against inflation. It is the growth of earnings and dividends.&#34;</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>Stocks rise as Wall Street shakes off red hot inflation report</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\">\nStocks rise as Wall Street shakes off red hot inflation report\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\">2022-01-12 22:30</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Stocks rose Wednesday as investors eyed a new report on inflation, which showed another decades-high rate of price increases across the recovering economy. Still, this came a day following remarks from Federal Reserve Chair Jerome Powell reasserting that the central bank would step in as needed to rein in rising prices.</p><p>The Bureau of Labor Statistics&#39; December Consumer Price Index (CPI)showed prices rose at a 7.0% year-over-year rate at the end of 2021, marking the fastest increase since 1982. This matched consensus estimates, based on Bloomberg data, and accelerated from November&#39;s already elevated 6.8% increase. On a month-over-month basis, consumer prices rose 0.5%, or slightly more than the 0.4% rise expected, to mark an eighteenth consecutive month of prices increases.</p><p>Excluding food and energy prices, the so-called core measure of consumer prices rose 5.5% in December over last year, coming in at the fastest rate since 1991.</p><p>Wednesday&#39;s market moves came following a rebound rally on Tuesday, with markets at least temporarily finding relief in assurances from Federal Reserve Chair Jerome Powell that the central bank would step in as necessary to ease rising prices. InPowell&#39;s renomination hearing before the Senate Banking Committee, the central bank leader reiterated that the Fed would use its policy tools to bring down inflation.</p><p>“If we see inflation persisting at high levels, longer than expected, if we have to raise interest rates more over time, then we will,” Powell said during the hearing.</p><p>The central bankpreviously telegraphed it was eyeing three interest rate hikesthis year to bring benchmark rates up from their current near-zero levels. However, some topWall Street firms have predictedthe Fed will raise rates four times given the current inflationary backdrop.</p><p>But though Powell doubled down on the Fed&#39;s goal of curbing inflation and using interest rate hikes as a tool to achieve this, he revealed little further about the Fed&#39;s plan to begin shrinking its nearly $9 trillion balance sheet. The Fed&#39;s December meeting minutes last week suggested central bank officials were beginning to discuss drawing down the Fed&#39;s balance sheet after nearly two years of asset purchases to help support markets during the pandemic. Powell did reiterate in his hearing he expected the balance sheet runoff process would begin this year.</p><p>&#34;I think the biggest comment on most investors&#39; minds that we talk to around the world would be a &#39;policy mistake&#39; that the Fed might be too aggressive,&#34; Brian Belski, BMO Capital Markets chief investment strategist,told Yahoo Finance Live on Tuesday.&#34;Mr. Powell basically came out today and said this is going to be a process ... with respect to how long this is going to take, and I think that&#39;s what&#39;s calming investors.&#34;</p><p>Though prospects of higher borrowing costs and tighter financial conditions have stirred up volatility in U.S. equities and tech stocks especially in recent sessions, Tuesday&#39;s session saw a reversal, with the tech-heavy Nasdaq Composite sharply outperforming.</p><p>&#34;The issue with tech, I would argue, is not so much one of a little extra duration exposure because growth is further away, but it&#39;s simply one of valuation,&#34; Simeon Hyman, ProShares Global Investment Strategist,told Yahoo Finance Live on Tuesday.&#34;And indeed those top-heavy, largest-cap tech stocks perhaps just were a little bit expensive going into the end of last year and the beginning of 2022. But don&#39;t completely rule out good growth stories because that is the biggest defense against inflation. It is the growth of earnings and dividends.&#34;</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1138592368","content_text":"Stocks rose Wednesday as investors eyed a new report on inflation, which showed another decades-high rate of price increases across the recovering economy. Still, this came a day following remarks from Federal Reserve Chair Jerome Powell reasserting that the central bank would step in as needed to rein in rising prices.The Bureau of Labor Statistics' December Consumer Price Index (CPI)showed prices rose at a 7.0% year-over-year rate at the end of 2021, marking the fastest increase since 1982. This matched consensus estimates, based on Bloomberg data, and accelerated from November's already elevated 6.8% increase. On a month-over-month basis, consumer prices rose 0.5%, or slightly more than the 0.4% rise expected, to mark an eighteenth consecutive month of prices increases.Excluding food and energy prices, the so-called core measure of consumer prices rose 5.5% in December over last year, coming in at the fastest rate since 1991.Wednesday's market moves came following a rebound rally on Tuesday, with markets at least temporarily finding relief in assurances from Federal Reserve Chair Jerome Powell that the central bank would step in as necessary to ease rising prices. InPowell's renomination hearing before the Senate Banking Committee, the central bank leader reiterated that the Fed would use its policy tools to bring down inflation.“If we see inflation persisting at high levels, longer than expected, if we have to raise interest rates more over time, then we will,” Powell said during the hearing.The central bankpreviously telegraphed it was eyeing three interest rate hikesthis year to bring benchmark rates up from their current near-zero levels. However, some topWall Street firms have predictedthe Fed will raise rates four times given the current inflationary backdrop.But though Powell doubled down on the Fed's goal of curbing inflation and using interest rate hikes as a tool to achieve this, he revealed little further about the Fed's plan to begin shrinking its nearly $9 trillion balance sheet. The Fed's December meeting minutes last week suggested central bank officials were beginning to discuss drawing down the Fed's balance sheet after nearly two years of asset purchases to help support markets during the pandemic. Powell did reiterate in his hearing he expected the balance sheet runoff process would begin this year.\"I think the biggest comment on most investors' minds that we talk to around the world would be a 'policy mistake' that the Fed might be too aggressive,\" Brian Belski, BMO Capital Markets chief investment strategist,told Yahoo Finance Live on Tuesday.\"Mr. Powell basically came out today and said this is going to be a process ... with respect to how long this is going to take, and I think that's what's calming investors.\"Though prospects of higher borrowing costs and tighter financial conditions have stirred up volatility in U.S. equities and tech stocks especially in recent sessions, Tuesday's session saw a reversal, with the tech-heavy Nasdaq Composite sharply outperforming.\"The issue with tech, I would argue, is not so much one of a little extra duration exposure because growth is further away, but it's simply one of valuation,\" Simeon Hyman, ProShares Global Investment Strategist,told Yahoo Finance Live on Tuesday.\"And indeed those top-heavy, largest-cap tech stocks perhaps just were a little bit expensive going into the end of last year and the beginning of 2022. But don't completely rule out good growth stories because that is the biggest defense against inflation. It is the growth of earnings and dividends.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":166,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9929213494,"gmtCreate":1670675606419,"gmtModify":1676538415519,"author":{"id":"4094706538255210","authorId":"4094706538255210","name":"DavidHTW","avatar":"https://community-static.tradeup.com/news/f4211692e23623de59a502307acbb4cc","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4094706538255210","authorIdStr":"4094706538255210"},"themes":[],"htmlText":"🤦🏻‍♂️","listText":"🤦🏻‍♂️","text":"🤦🏻‍♂️","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9929213494","repostId":"1181869151","repostType":4,"repost":{"id":"1181869151","pubTimestamp":1670636698,"share":"https://ttm.financial/m/news/1181869151?lang=&edition=fundamental","pubTime":"2022-12-10 09:44","market":"us","language":"en","title":"Elon Musk’s Tweeting Is Problematic for Tesla Stock. Here’s Proof","url":"https://stock-news.laohu8.com/highlight/detail?id=1181869151","media":"Barron's","summary":"Twitteris an undeniable overhang forTeslastock. Investors feel it, Wall Street believes it, and now the data say so. What no one knows is how long the overhang will last—or if it will get worse.New St","content":"<html><head></head><body><p>Twitter is an undeniable overhang for Tesla stock. Investors feel it, Wall Street believes it, and now the data say so. What no one knows is how long the overhang will last—or if it will get worse.</p><p>New Street Research analyst Pierre Ferragu took to Twitter on Friday to explain what’s going on with Tesla stock (ticker: TSLA), which was off 49% so far this year as of the close on Friday.</p><p>He attributed the bulk of the decline to what’s happened to the market, which seems sensible. The Nasdaq Composite is off about 30% year to date, and most car-related stocks have been hit hard by rising interest rates and inflation. General Motors (GM) and Ford Motor (F) shares are off about 35% and 36%, respectively, so far this year.</p><p>Twitter is also a factor for Ferragu, who noted that perceptions of Tesla’s brand are sliding. Tesla’s net brand favorability score, which is positive opinions minus negative opinions, is down about six to 10 percentage points, hovering around 20%. That tops the the U.S. government’s score, which is less than zero, according to Ferragu’s data.</p><p><img src=\"https://static.tigerbbs.com/2e818e41d57a14c6cac9cab049bb3f61\" tg-width=\"827\" tg-height=\"884\" width=\"100%\" height=\"auto\"/></p><p>Ferragu rates Tesla stock at Buy with a Street-high price target of $530, according to FactSet.</p><p>“Impact on brand perception in the general public is visible and material, but it is very unlikely to affect materially buying behaviors in the near term,” Ferragu tells<i>Barron’s</i>in an emailed statement, adding “it will turn fast.”</p><p>Just how long a temporary impact will last is anyone’s guess. The Twitter overhang led Wedbush analyst Dan Ives to cut $50 off his price target for Tesla stock in November, leaving it at $250. He has called Twitter an albatross for Tesla stock, but still rates shares at Buy.</p><p>“Tweet by tweet, Musk creates more of an overhang on Tesla,” Ives told<i>Barron’s</i>Friday by email. “The Musk Twitter fiasco a darkening black cloud over the story. Perception is reality for the Street for now on Tesla.”</p><p>Tesla CEO Elon Musk ‘s recent tweets include shots at competitors, discussions of election interference by Twitter, disapproval of the Federal Reserve’s interest-rate policy, and claims of media bias. Those tweets were all this week.</p><p>Tesla investors still get tidbits about the car company from Musk’s tweeting. He responded to Ferragu’s thread, commenting that margin loans of Tesla stock don’t make sense in this weakening economic environment.</p><p>That’s a bit of good news for Tesla shareholders who don’t like Musk selling Tesla stock, and don’t want any sales tied to margin calls. Still, the possibility of Musk selling stock to help fund Twitter remains part of the overall overhang. Ferragu dismissed Musk selling Tesla stock as a long-term risk, though, writing that the sales would be “negligible to the market cap and trading volumes of [Tesla].”</p><p>If Musk’s stock sales aren’t the main cause of the overhang on the Tesla brand and shares, then that leaves the toll that Twitter takes on Musk’s full attention. Whatever the source, the impact is real.</p><p>Coming into Thursday, Tesla shares had declined about 23% since Musk completed the purchase of the social medial platform. The Nasdaq Composite has risen about 3% over the same span.</p><p>The spread is growing. It was negligible until early November, when Musk sold more Tesla stock after the deal close—a surprise to investors. After the sale, the spread was about 20 percentage points. It moved as high as 26 points this week, but had slipped back to 22 points as of the close of trading on Friday.</p><p>Tesla stock has been cut almost in half year to date. If Tesla stock were at the level it sold for before Musk completed the Twitter purchase, it would be off about 34% year to date, in line with GM and Ford stock.</p><p>The performance gap between Tesla and the rest of the car industry is the gain that investors can expect from Tesla stock if the Twitter overhang ever lifts.</p><p>That would put Tesla stock at roughly $225 a share. Investors hope for that rally soon.</p><p>Tesla stock closed 3.2% higher on Friday. TheS&amp;P 500 and the Nasdaq Composite both lost 0.7%.</p><p>The stock snapped a four-day losing streak that cost investors about 11%. Tesla stock is now down about 8% for the week.</p></body></html>","source":"lsy1610680873436","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>Elon Musk’s Tweeting Is Problematic for Tesla Stock. Here’s Proof</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\">\nElon Musk’s Tweeting Is Problematic for Tesla Stock. Here’s Proof\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-10 09:44 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/elon-musk-twitter-tesla-stock-51670602565?mod=hp_LEAD_1><strong>Barron's</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Twitter is an undeniable overhang for Tesla stock. Investors feel it, Wall Street believes it, and now the data say so. What no one knows is how long the overhang will last—or if it will get worse.New...</p>\n\n<a href=\"https://www.barrons.com/articles/elon-musk-twitter-tesla-stock-51670602565?mod=hp_LEAD_1\">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://www.barrons.com/articles/elon-musk-twitter-tesla-stock-51670602565?mod=hp_LEAD_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1181869151","content_text":"Twitter is an undeniable overhang for Tesla stock. Investors feel it, Wall Street believes it, and now the data say so. What no one knows is how long the overhang will last—or if it will get worse.New Street Research analyst Pierre Ferragu took to Twitter on Friday to explain what’s going on with Tesla stock (ticker: TSLA), which was off 49% so far this year as of the close on Friday.He attributed the bulk of the decline to what’s happened to the market, which seems sensible. The Nasdaq Composite is off about 30% year to date, and most car-related stocks have been hit hard by rising interest rates and inflation. General Motors (GM) and Ford Motor (F) shares are off about 35% and 36%, respectively, so far this year.Twitter is also a factor for Ferragu, who noted that perceptions of Tesla’s brand are sliding. Tesla’s net brand favorability score, which is positive opinions minus negative opinions, is down about six to 10 percentage points, hovering around 20%. That tops the the U.S. government’s score, which is less than zero, according to Ferragu’s data.Ferragu rates Tesla stock at Buy with a Street-high price target of $530, according to FactSet.“Impact on brand perception in the general public is visible and material, but it is very unlikely to affect materially buying behaviors in the near term,” Ferragu tellsBarron’sin an emailed statement, adding “it will turn fast.”Just how long a temporary impact will last is anyone’s guess. The Twitter overhang led Wedbush analyst Dan Ives to cut $50 off his price target for Tesla stock in November, leaving it at $250. He has called Twitter an albatross for Tesla stock, but still rates shares at Buy.“Tweet by tweet, Musk creates more of an overhang on Tesla,” Ives toldBarron’sFriday by email. “The Musk Twitter fiasco a darkening black cloud over the story. Perception is reality for the Street for now on Tesla.”Tesla CEO Elon Musk ‘s recent tweets include shots at competitors, discussions of election interference by Twitter, disapproval of the Federal Reserve’s interest-rate policy, and claims of media bias. Those tweets were all this week.Tesla investors still get tidbits about the car company from Musk’s tweeting. He responded to Ferragu’s thread, commenting that margin loans of Tesla stock don’t make sense in this weakening economic environment.That’s a bit of good news for Tesla shareholders who don’t like Musk selling Tesla stock, and don’t want any sales tied to margin calls. Still, the possibility of Musk selling stock to help fund Twitter remains part of the overall overhang. Ferragu dismissed Musk selling Tesla stock as a long-term risk, though, writing that the sales would be “negligible to the market cap and trading volumes of [Tesla].”If Musk’s stock sales aren’t the main cause of the overhang on the Tesla brand and shares, then that leaves the toll that Twitter takes on Musk’s full attention. Whatever the source, the impact is real.Coming into Thursday, Tesla shares had declined about 23% since Musk completed the purchase of the social medial platform. The Nasdaq Composite has risen about 3% over the same span.The spread is growing. It was negligible until early November, when Musk sold more Tesla stock after the deal close—a surprise to investors. After the sale, the spread was about 20 percentage points. It moved as high as 26 points this week, but had slipped back to 22 points as of the close of trading on Friday.Tesla stock has been cut almost in half year to date. If Tesla stock were at the level it sold for before Musk completed the Twitter purchase, it would be off about 34% year to date, in line with GM and Ford stock.The performance gap between Tesla and the rest of the car industry is the gain that investors can expect from Tesla stock if the Twitter overhang ever lifts.That would put Tesla stock at roughly $225 a share. Investors hope for that rally soon.Tesla stock closed 3.2% higher on Friday. TheS&P 500 and the Nasdaq Composite both lost 0.7%.The stock snapped a four-day losing streak that cost investors about 11%. Tesla stock is now down about 8% for the week.","news_type":1},"isVote":1,"tweetType":1,"viewCount":25,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9969728789,"gmtCreate":1668527021341,"gmtModify":1676538071320,"author":{"id":"4094706538255210","authorId":"4094706538255210","name":"DavidHTW","avatar":"https://community-static.tradeup.com/news/f4211692e23623de59a502307acbb4cc","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4094706538255210","authorIdStr":"4094706538255210"},"themes":[],"htmlText":"I like","listText":"I like","text":"I like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9969728789","repostId":"2283292775","repostType":2,"repost":{"id":"2283292775","pubTimestamp":1668524093,"share":"https://ttm.financial/m/news/2283292775?lang=&edition=fundamental","pubTime":"2022-11-15 22:54","market":"us","language":"en","title":"Munger Says Crypto Is Rife With Fraud and Delusion and Praises Tesla's Success a \"Minor Miracle\"","url":"https://stock-news.laohu8.com/highlight/detail?id=2283292775","media":"Markets Insider","summary":"Charlie Munger ripped into cryptocurrencies, saying fraud and delusion are common in the industry.Regulators overlooked crypto's risks and should have banned it, Warren Buffett's business partner said","content":"<html><head></head><body><p><img src=\"https://static.tigerbbs.com/13425b7e77780d08e60f445f8b3d4596\" tg-width=\"700\" tg-height=\"350\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><ul><li>Charlie Munger ripped into cryptocurrencies, saying fraud and delusion are common in the industry.</li><li>Regulators overlooked crypto&#39;s risks and should have banned it, Warren Buffett&#39;s business partner said.</li><li>Munger also contrasted the Fed with the Bank of Japan, and praised Elon Musk and Tesla.</li></ul><p>Warren Buffett&#39;s business partner has torn into cryptocurrencies once again, declaring the space is rife with fraud and delusion, and regulators have dropped the ball by not outlawing bitcoin and other digital assets.</p><p>Charlie Munger, a billionaire investor and the vice-chairman of Buffett&#39;s Berkshire Hathaway, also suggested the Federal Reserve is far less aggressive than the Bank of Japan. Moreover, he underscored Tesla&#39;s unlikely success and praised Elon Musk.</p><p>Here&#39;s what Munger told CNBC in an interview aired on Tuesday. He spoke days after Sam Bankman-Fried&#39;s digital-asset exchange, FTX, filed for bankruptcy:</p><p>&#34;It&#39;s partly fraud and partly delusion — that&#39;s a bad combination,&#34; Munger said about the crypto industry. &#34;People think this is a real asset, it&#39;s not a real asset,&#34; he added about the coins themselves.</p><p>The 98-year-old investor bemoaned the growing acceptance of crypto by Wall Street banks and hedge funds, and suggested financiers are far too eager to buy into the latest fad.</p><p>&#34;It pains me that in my own country I see people that once were regarded as very reputable people helping these things exist,&#34; he said. &#34;There are people who think that you&#39;ve got to be on every deal that&#39;s hot.&#34;</p><p>Munger added that it&#39;s &#34;crazy&#34; and &#34;demented&#34; to think someone can mint a new token that can turn a 12-year-old into a billion are overnight.</p><p>Buffett&#39;s right-hand man also suggested the novelty of crypto has meant regulators have failed to grasp its dangers. He criticized authorities for not banning crypto early on.</p><p>&#34;The danger flags are wagging so clearly,&#34; he said. &#34;None of this stuff should ever have been allowed.&#34;</p><p>Munger has previously compared crypto to a &#34;venereal disease&#34; and an &#34;open sewer,&#34; and said he wouldn&#39;t want someone in the space to marry into his family.</p><h2>The Fed, Elon Musk, and Tesla</h2><p>The world needs competent central banks, but the Fed is a &#34;mouse that hardly tries to do anything&#34; compared to the Bank of Japan, Munger said.</p><p>&#34;If we get in the kind of trouble Japan was in, of course we&#39;ll do the same damn thing,&#34; he said. The Japanese central bank has cut interest rates below zero in an effort to shore up economic growth in recent years.</p><p>On another note, Munger said he was surprised by Tesla&#39;s outsized success, and felt far more positively about Elon Musk&#39;s company than he does about bitcoin.</p><p>&#34;Tesla has made some real contributions to civilization,&#34; he said. &#34;Elon Musk has done some good things that other people couldn&#39;t do.&#34;</p><p>&#34;We haven&#39;t had a successful new auto company in a long, long time,&#34; Munger added. &#34;What Tesla has done in the car business is a minor miracle.&#34;</p><h2>US-China ties</h2><p>Munger underscored the value of a friendly US-China relationship, arguing America shouldn&#39;t be so threatened by the rise of the world power.</p><p>US purchases of Chinese imports helped the country grow and contributed to pulling over a billion people out of poverty, he said. A warm relationship between the two countries should be mutually beneficial, and the US should focus on keeping things friendly and striking win-win deals instead of fearing China&#39;s progress, he continued.</p><p>&#34;Why should a great civilization like ours care if a new civilization rises?&#34; Munger asked. &#34;It&#39;s always a mistake to envy people who are doing well.&#34;</p></body></html>","source":"marketsinsider","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>Munger Says Crypto Is Rife With Fraud and Delusion and Praises Tesla's Success a \"Minor Miracle\"</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\">\nMunger Says Crypto Is Rife With Fraud and Delusion and Praises Tesla's Success a \"Minor Miracle\"\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-15 22:54 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://markets.businessinsider.com/news/currencies/charlie-munger-warren-buffett-crypto-ftx-sbf-regulation-musk-fed-2022-11><strong>Markets Insider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Charlie Munger ripped into cryptocurrencies, saying fraud and delusion are common in the industry.Regulators overlooked crypto's risks and should have banned it, Warren Buffett's business partner said...</p>\n\n<a href=\"https://markets.businessinsider.com/news/currencies/charlie-munger-warren-buffett-crypto-ftx-sbf-regulation-musk-fed-2022-11\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4550":"红杉资本持仓","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","LU0820561909.HKD":"ALLIANZ INCOME AND GROWTH \"AM\" (HKD) INC","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","LU0234572021.USD":"高盛美国核心股票组合Acc","BK4574":"无人驾驶","BK4551":"寇图资本持仓","LU2063271972.USD":"富兰克林创新领域基金","BK4581":"高盛持仓","BK4099":"汽车制造商","LU0097036916.USD":"贝莱德美国增长A2 USD","BK4511":"特斯拉概念","LU0689472784.USD":"安联收益及增长基金Cl AM AT Acc","LU2087621335.USD":"ALLSPRING GLOBAL FACTOR ENHANCED EQUITY \"A\" (USD) ACC","BK4548":"巴美列捷福持仓","BK4527":"明星科技股","LU1852331112.SGD":"Blackrock World Technology Fund A2 SGD-H","LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","LU1861215975.USD":"贝莱德新一代科技基金 A2","LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC","LU1548497426.USD":"安联环球人工智能AT Acc","LU1861558580.USD":"日兴方舟颠覆性创新基金B","LU0820561818.USD":"安联收益及增长平衡基金Cl AM DIS","LU1861220033.SGD":"Blackrock Next Generation Technology A2 SGD-H","LU1551013425.SGD":"Allianz Income and Growth Cl AMg2 DIS H2-SGD","BK4534":"瑞士信贷持仓","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","BK4533":"AQR资本管理(全球第二大对冲基金)","LU0082616367.USD":"摩根大通美国科技A（dist）","BK4555":"新能源车","LU0943347566.SGD":"安联收益及增长平衡基金AM H2-SGD","LU0234570918.USD":"高盛全球核心股票组合Acc Close","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD","LU2357305700.SGD":"Allianz Global Artificial Intelligence ET H2-SGD","LU1839511570.USD":"WELLS FARGO GLOBAL FACTOR ENHANCED EQUITY \"I\" (USD) ACC","LU0823411888.USD":"法巴消费创新基金 Cap","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","LU1551013342.USD":"Allianz Income and Growth Cl AMg2 DIS USD","TSLA":"特斯拉","LU0056508442.USD":"贝莱德世界科技基金A2"},"source_url":"https://markets.businessinsider.com/news/currencies/charlie-munger-warren-buffett-crypto-ftx-sbf-regulation-musk-fed-2022-11","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2283292775","content_text":"Charlie Munger ripped into cryptocurrencies, saying fraud and delusion are common in the industry.Regulators overlooked crypto's risks and should have banned it, Warren Buffett's business partner said.Munger also contrasted the Fed with the Bank of Japan, and praised Elon Musk and Tesla.Warren Buffett's business partner has torn into cryptocurrencies once again, declaring the space is rife with fraud and delusion, and regulators have dropped the ball by not outlawing bitcoin and other digital assets.Charlie Munger, a billionaire investor and the vice-chairman of Buffett's Berkshire Hathaway, also suggested the Federal Reserve is far less aggressive than the Bank of Japan. Moreover, he underscored Tesla's unlikely success and praised Elon Musk.Here's what Munger told CNBC in an interview aired on Tuesday. He spoke days after Sam Bankman-Fried's digital-asset exchange, FTX, filed for bankruptcy:\"It's partly fraud and partly delusion — that's a bad combination,\" Munger said about the crypto industry. \"People think this is a real asset, it's not a real asset,\" he added about the coins themselves.The 98-year-old investor bemoaned the growing acceptance of crypto by Wall Street banks and hedge funds, and suggested financiers are far too eager to buy into the latest fad.\"It pains me that in my own country I see people that once were regarded as very reputable people helping these things exist,\" he said. \"There are people who think that you've got to be on every deal that's hot.\"Munger added that it's \"crazy\" and \"demented\" to think someone can mint a new token that can turn a 12-year-old into a billion are overnight.Buffett's right-hand man also suggested the novelty of crypto has meant regulators have failed to grasp its dangers. He criticized authorities for not banning crypto early on.\"The danger flags are wagging so clearly,\" he said. \"None of this stuff should ever have been allowed.\"Munger has previously compared crypto to a \"venereal disease\" and an \"open sewer,\" and said he wouldn't want someone in the space to marry into his family.The Fed, Elon Musk, and TeslaThe world needs competent central banks, but the Fed is a \"mouse that hardly tries to do anything\" compared to the Bank of Japan, Munger said.\"If we get in the kind of trouble Japan was in, of course we'll do the same damn thing,\" he said. The Japanese central bank has cut interest rates below zero in an effort to shore up economic growth in recent years.On another note, Munger said he was surprised by Tesla's outsized success, and felt far more positively about Elon Musk's company than he does about bitcoin.\"Tesla has made some real contributions to civilization,\" he said. \"Elon Musk has done some good things that other people couldn't do.\"\"We haven't had a successful new auto company in a long, long time,\" Munger added. \"What Tesla has done in the car business is a minor miracle.\"US-China tiesMunger underscored the value of a friendly US-China relationship, arguing America shouldn't be so threatened by the rise of the world power.US purchases of Chinese imports helped the country grow and contributed to pulling over a billion people out of poverty, he said. A warm relationship between the two countries should be mutually beneficial, and the US should focus on keeping things friendly and striking win-win deals instead of fearing China's progress, he continued.\"Why should a great civilization like ours care if a new civilization rises?\" Munger asked. \"It's always a mistake to envy people who are doing well.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":150,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9059087577,"gmtCreate":1654264533299,"gmtModify":1676535421946,"author":{"id":"4094706538255210","authorId":"4094706538255210","name":"DavidHTW","avatar":"https://community-static.tradeup.com/news/f4211692e23623de59a502307acbb4cc","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4094706538255210","authorIdStr":"4094706538255210"},"themes":[],"htmlText":"What does the E indicator stand for at NIO'sticker","listText":"What does the E indicator stand for at NIO'sticker","text":"What does the E indicator stand for at NIO'sticker","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9059087577","repostId":"1183868039","repostType":2,"repost":{"id":"1183868039","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":1654263837,"share":"https://ttm.financial/m/news/1183868039?lang=&edition=fundamental","pubTime":"2022-06-03 21:43","market":"us","language":"en","title":"EV Stocks Tumbled in Morning Trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1183868039","media":"Tiger Newspress","summary":"EV stocks tumbled in morning trading. Tesla, Rivian, Nio, Xpeng Motors, Li Auto, Faraday Future, Tus","content":"<html><head></head><body><p>EV stocks tumbled in morning trading. Tesla, Rivian, Nio, Xpeng Motors, Li Auto, Faraday Future, Tusimple and Arrival fell between 1% and 7%.<img src=\"https://static.tigerbbs.com/904944f5de497966e14dd65c924acc80\" tg-width=\"433\" tg-height=\"487\" width=\"100%\" height=\"auto\"/><img src=\"https://static.tigerbbs.com/69e371de806edbb74fb725c2f4a939d7\" tg-width=\"443\" tg-height=\"242\" width=\"100%\" height=\"auto\"/></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>EV Stocks Tumbled in Morning Trading</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\">\nEV Stocks Tumbled in Morning Trading\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\">2022-06-03 21:43</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>EV stocks tumbled in morning trading. Tesla, Rivian, Nio, Xpeng Motors, Li Auto, Faraday Future, Tusimple and Arrival fell between 1% and 7%.<img src=\"https://static.tigerbbs.com/904944f5de497966e14dd65c924acc80\" tg-width=\"433\" tg-height=\"487\" width=\"100%\" height=\"auto\"/><img src=\"https://static.tigerbbs.com/69e371de806edbb74fb725c2f4a939d7\" tg-width=\"443\" tg-height=\"242\" width=\"100%\" height=\"auto\"/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"RIVN":"Rivian Automotive, Inc.","TSLA":"特斯拉","NIO":"蔚来"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1183868039","content_text":"EV stocks tumbled in morning trading. Tesla, Rivian, Nio, Xpeng Motors, Li Auto, Faraday Future, Tusimple and Arrival fell between 1% and 7%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":118,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9927963012,"gmtCreate":1672372186937,"gmtModify":1676538680847,"author":{"id":"4094706538255210","authorId":"4094706538255210","name":"DavidHTW","avatar":"https://community-static.tradeup.com/news/f4211692e23623de59a502307acbb4cc","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4094706538255210","authorIdStr":"4094706538255210"},"themes":[],"htmlText":"Good things are coming with the Opening ofChina","listText":"Good things are coming with the Opening ofChina","text":"Good things are coming with the Opening ofChina","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9927963012","repostId":"2295476229","repostType":2,"repost":{"id":"2295476229","pubTimestamp":1672369200,"share":"https://ttm.financial/m/news/2295476229?lang=&edition=fundamental","pubTime":"2022-12-30 11:00","market":"sg","language":"en","title":"NIO: Pain Will End","url":"https://stock-news.laohu8.com/highlight/detail?id=2295476229","media":"Seeking Alpha","summary":"SummaryNIO reported a disappointing December monthly EV delivery estimate of ~14,763.China has final","content":"<html><head></head><body><h2>Summary</h2><ul><li>NIO reported a disappointing December monthly EV delivery estimate of ~14,763.</li><li>China has finally pulled away from a zero-Covid policy causing a short-term impact to supply chains and production, leading to a major economic reopening in 2023.</li><li>The stock held recent lows and is extremely cheap at only 1.2x forward sales targets.</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a0a5df2c648779af632679c444341eba\" tg-width=\"750\" tg-height=\"563\" referrerpolicy=\"no-referrer\"/><span>Andy Feng</span></p><p>China is now taking steps to move away from zero-Covid policies, but the process will clearly be painful for Chinese stocks in the months ahead. <b>NIO</b> (NYSE:NIO) is a potential global force in the EV market, but years of Covid restrictions have impacted near-term production numbers. My investment thesis is Bullish on Chinese stocks, with business poised to rebound in 2023.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/eaaa55418694db9feea05a10415fc33a\" tg-width=\"1280\" tg-height=\"421\" referrerpolicy=\"no-referrer\"/><span>Source: FinViz</span></p><h2>Q4 Delivery Hit By Covid</h2><p>As the holiday quarter comes to an end, NIO reported deliveries failed to come close to expectations. The stock fell 8% on the news, but the damage was done in previous periods, with NIO not even printing a new 52-week low on the negative news.</p><p>The NIO CEO warned of a tough 1H of 2023 due to the supply chain issues. The reason to turn bullish on NIO and the Chinese sector is the sudden flip on the zero-Covid policy.</p><p>China announced a plan to further open the economy on Wednesday, with unrestricted international travel. The market got spooked by the US announcement of the requirement for a negative test to enter the country from China.</p><p>Considering Covid is spreading fast in China and sick passengers were loaded on flights to Milan, the US move is probably prudent over a short period to keep the infected from traveling. Though, the policies clearly aren&#39;t going to revert to prior lockdowns after the US has been fully reopened.</p><p>The country is already estimated to have seen up to 250 million Chinese infected by the virus through December 20 with some 37 million people being infected on a daily basis. At this rate, half the country will have been infected by early January and natural immunity will start taking hold.</p><p>The pace of the Covid infections is encouraging that the impact within China will be short-felt. NIO guided to Q4 deliveries of 38,500 to 39,500, down from a prior estimate of 43,000 to 48,000. The company targets ~14,763 deliveries in December for a new record high, slightly up from the November total of 14,178.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/29364442ee762350b8d5af649e8dee25\" tg-width=\"640\" tg-height=\"360\" referrerpolicy=\"no-referrer\"/><span>Source: CnEVPost</span></p><p>The updated guidance actually maintains solid growth YoY as NIO was still working to rebound from Covid restrictions in prior periods. The EV company should produce ~121,500 EVs this year, setting up an easy hurdle for 2023 with or without headwinds.</p><p>NIO is working on an annualized production rate of 177,000 units for 2023. Even just extrapolating the Q4 production rate gets the company to nearly 160,000 units for the year, vastly above the 2022 production despite the disappointing end to the year.</p><p>The company made the following statement along with the CEO highlighting consumer confidence and supply chain issues restricting vehicle production:</p><blockquote>While our teams have strived to maintain continuous operations on all fronts, we were not able to reach our full capacities, particularly when there have been disruptions on delivery and registration procedures involving users</blockquote><h2>Better 2023</h2><p>All of these headwinds add up to a better 2023. Investors need to watch out for a tough January delivery metric, with the whole country of China possibly infected by unleashing Covid starting in December. As the skies clear in early 2023 after people take a week or two to recover from Covid, confidence in the economy should return.</p><p>At NIO Day 2022 in Hefei, China, the company launched the EC7 and the All-New ES8. These new SUVs will commence delivery in May and June 2023, respectively.</p><p>NIO continues to aggressively move forward with battery-swapping technology and autonomous vehicle advancements. The investment story hasn&#39;t changed, but the Covid story has been volatile and is now becoming a tailwind to start the new year.</p><p>Similar to <b>XPeng</b> (XPEV), NIO now trades at only 1.2x forward sales targets. The stocks continue to trade at a fraction of the valuation of <b>Tesla</b> (TSLA), which currently trades at 3.1x forward sales.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/786f92c0cec2c81c3093f82a23f552bc\" tg-width=\"635\" tg-height=\"483\" referrerpolicy=\"no-referrer\"/><span>Data by YCharts</span></p><p>Analysts forecast sales jumping to $14 billion in 2023 followed by a 32% jump to $18 billion in 2024. After a speed bump to start 2023, investors should have confidence the inevitable full reopening gets the Chinese economy back into growth mode, which could push NIO to the next level.</p><p>The stock once traded above $60 when NIO wasn&#39;t even producing $1 billion in quarterly sales. The stock probably won&#39;t hit the premium P/S multiples of prior periods, but an investor only needs a 2x to 3x forward P/S multiple to generate superior returns.</p><h2>Takeaway</h2><p>The key investor takeaway is that NIO is a good investment at these levels to ride the rebound in the Chinese market. The company should report strong growth in 2023 and the combination with the reopening of the Chinese economy should send investors flooding into the stock when better times return next year.</p></body></html>","source":"seekingalpha_fund","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>NIO: Pain Will End</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\">\nNIO: Pain Will End\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-30 11:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4566990-nio-pain-will-end><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryNIO reported a disappointing December monthly EV delivery estimate of ~14,763.China has finally pulled away from a zero-Covid policy causing a short-term impact to supply chains and production,...</p>\n\n<a href=\"https://seekingalpha.com/article/4566990-nio-pain-will-end\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4505":"高瓴资本持仓","BK4581":"高盛持仓","BK4574":"无人驾驶","BK4555":"新能源车","BK4526":"热门中概股","BK4534":"瑞士信贷持仓","BK4099":"汽车制造商","LU0320764599.SGD":"FTIF - Templeton China A Acc SGD","BK4548":"巴美列捷福持仓","BK4509":"腾讯概念","NIO.SI":"蔚来","LU0708995583.HKD":"TEMPLETON CHINA \"A\" (HKD) ACC","BK4504":"桥水持仓","BK4531":"中概回港概念","BK4532":"文艺复兴科技持仓","09866":"蔚来-SW","LU0052750758.USD":"富兰克林中国基金A Acc","NIO":"蔚来"},"source_url":"https://seekingalpha.com/article/4566990-nio-pain-will-end","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2295476229","content_text":"SummaryNIO reported a disappointing December monthly EV delivery estimate of ~14,763.China has finally pulled away from a zero-Covid policy causing a short-term impact to supply chains and production, leading to a major economic reopening in 2023.The stock held recent lows and is extremely cheap at only 1.2x forward sales targets.Andy FengChina is now taking steps to move away from zero-Covid policies, but the process will clearly be painful for Chinese stocks in the months ahead. NIO (NYSE:NIO) is a potential global force in the EV market, but years of Covid restrictions have impacted near-term production numbers. My investment thesis is Bullish on Chinese stocks, with business poised to rebound in 2023.Source: FinVizQ4 Delivery Hit By CovidAs the holiday quarter comes to an end, NIO reported deliveries failed to come close to expectations. The stock fell 8% on the news, but the damage was done in previous periods, with NIO not even printing a new 52-week low on the negative news.The NIO CEO warned of a tough 1H of 2023 due to the supply chain issues. The reason to turn bullish on NIO and the Chinese sector is the sudden flip on the zero-Covid policy.China announced a plan to further open the economy on Wednesday, with unrestricted international travel. The market got spooked by the US announcement of the requirement for a negative test to enter the country from China.Considering Covid is spreading fast in China and sick passengers were loaded on flights to Milan, the US move is probably prudent over a short period to keep the infected from traveling. Though, the policies clearly aren't going to revert to prior lockdowns after the US has been fully reopened.The country is already estimated to have seen up to 250 million Chinese infected by the virus through December 20 with some 37 million people being infected on a daily basis. At this rate, half the country will have been infected by early January and natural immunity will start taking hold.The pace of the Covid infections is encouraging that the impact within China will be short-felt. NIO guided to Q4 deliveries of 38,500 to 39,500, down from a prior estimate of 43,000 to 48,000. The company targets ~14,763 deliveries in December for a new record high, slightly up from the November total of 14,178.Source: CnEVPostThe updated guidance actually maintains solid growth YoY as NIO was still working to rebound from Covid restrictions in prior periods. The EV company should produce ~121,500 EVs this year, setting up an easy hurdle for 2023 with or without headwinds.NIO is working on an annualized production rate of 177,000 units for 2023. Even just extrapolating the Q4 production rate gets the company to nearly 160,000 units for the year, vastly above the 2022 production despite the disappointing end to the year.The company made the following statement along with the CEO highlighting consumer confidence and supply chain issues restricting vehicle production:While our teams have strived to maintain continuous operations on all fronts, we were not able to reach our full capacities, particularly when there have been disruptions on delivery and registration procedures involving usersBetter 2023All of these headwinds add up to a better 2023. Investors need to watch out for a tough January delivery metric, with the whole country of China possibly infected by unleashing Covid starting in December. As the skies clear in early 2023 after people take a week or two to recover from Covid, confidence in the economy should return.At NIO Day 2022 in Hefei, China, the company launched the EC7 and the All-New ES8. These new SUVs will commence delivery in May and June 2023, respectively.NIO continues to aggressively move forward with battery-swapping technology and autonomous vehicle advancements. The investment story hasn't changed, but the Covid story has been volatile and is now becoming a tailwind to start the new year.Similar to XPeng (XPEV), NIO now trades at only 1.2x forward sales targets. The stocks continue to trade at a fraction of the valuation of Tesla (TSLA), which currently trades at 3.1x forward sales.Data by YChartsAnalysts forecast sales jumping to $14 billion in 2023 followed by a 32% jump to $18 billion in 2024. After a speed bump to start 2023, investors should have confidence the inevitable full reopening gets the Chinese economy back into growth mode, which could push NIO to the next level.The stock once traded above $60 when NIO wasn't even producing $1 billion in quarterly sales. The stock probably won't hit the premium P/S multiples of prior periods, but an investor only needs a 2x to 3x forward P/S multiple to generate superior returns.TakeawayThe key investor takeaway is that NIO is a good investment at these levels to ride the rebound in the Chinese market. The company should report strong growth in 2023 and the combination with the reopening of the Chinese economy should send investors flooding into the stock when better times return next year.","news_type":1},"isVote":1,"tweetType":1,"viewCount":173,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9005194404,"gmtCreate":1642204340239,"gmtModify":1676533691391,"author":{"id":"4094706538255210","authorId":"4094706538255210","name":"DavidHTW","avatar":"https://community-static.tradeup.com/news/f4211692e23623de59a502307acbb4cc","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4094706538255210","authorIdStr":"4094706538255210"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9005194404","repostId":"1165451504","repostType":4,"repost":{"id":"1165451504","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":1642174174,"share":"https://ttm.financial/m/news/1165451504?lang=&edition=fundamental","pubTime":"2022-01-14 23:29","market":"us","language":"en","title":"Semiconductor stocks jumped in morning trading, with Marvell Technology and TSM rising over 3%","url":"https://stock-news.laohu8.com/highlight/detail?id=1165451504","media":"Tiger Newspress","summary":"Semiconductor stocks jumped in morning trading, with Marvell Technology and TSM rising over 3%.","content":"<html><head></head><body><p>Semiconductor stocks jumped in morning trading, with Marvell Technology and TSM rising over 3%.<img src=\"https://static.tigerbbs.com/55f337309d9df997d8c362c38cb65c0c\" tg-width=\"1039\" tg-height=\"637\" referrerpolicy=\"no-referrer\"/><img src=\"https://static.tigerbbs.com/1111fedd2c1626a71dcfd86e7480cc61\" tg-width=\"1026\" tg-height=\"635\" width=\"100%\" height=\"auto\"/></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>Semiconductor stocks jumped in morning trading, with Marvell Technology and TSM rising over 3%</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; 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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\">\nSemiconductor stocks jumped in morning trading, with Marvell Technology and TSM rising over 3%\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\">2022-01-14 23:29</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Semiconductor stocks jumped in morning trading, with Marvell Technology and TSM rising over 3%.<img src=\"https://static.tigerbbs.com/55f337309d9df997d8c362c38cb65c0c\" tg-width=\"1039\" tg-height=\"637\" referrerpolicy=\"no-referrer\"/><img src=\"https://static.tigerbbs.com/1111fedd2c1626a71dcfd86e7480cc61\" tg-width=\"1026\" tg-height=\"635\" width=\"100%\" height=\"auto\"/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSM":"台积电","QCOM":"高通","MRVL":"迈威尔科技"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1165451504","content_text":"Semiconductor stocks jumped in morning trading, with Marvell Technology and TSM rising over 3%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":214,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9917620223,"gmtCreate":1665502006862,"gmtModify":1676537617865,"author":{"id":"4094706538255210","authorId":"4094706538255210","name":"DavidHTW","avatar":"https://community-static.tradeup.com/news/f4211692e23623de59a502307acbb4cc","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4094706538255210","authorIdStr":"4094706538255210"},"themes":[],"htmlText":"I totally agree[Smile]&nbsp;","listText":"I totally agree[Smile]&nbsp;","text":"I totally agree[Smile]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9917620223","repostId":"1126298657","repostType":4,"repost":{"id":"1126298657","pubTimestamp":1665501481,"share":"https://ttm.financial/m/news/1126298657?lang=&edition=fundamental","pubTime":"2022-10-11 23:18","market":"us","language":"en","title":"Tesla Is A Bargain With Optimus And Recent Events","url":"https://stock-news.laohu8.com/highlight/detail?id=1126298657","media":"Seeking Alpha","summary":"SummaryTesla has significantly improved its Optimus robot in a very short time, and could generate huge cash flow in these cases.Many positive catalysts have materialized around Tesla recently, despit","content":"<html><head></head><body><p><b>Summary</b></p><ul><li>Tesla has significantly improved its Optimus robot in a very short time, and could generate huge cash flow in these cases.</li><li>Many positive catalysts have materialized around Tesla recently, despite the fact that the stock suffered one of its heaviest losses in recent years.</li><li>We judge that the automotive component of Tesla&#39;s business should be able to outperform broad benchmarks, allowing the stock to achieve double-digit annual returns.</li><li>Tesla is expanding across most major emerging industries, presumably including energy, transportation, computing, manufacturing, robotics and more.</li></ul><p>Tesla (NASDAQ: TSLA) introduced its highly anticipated Optimus/ Bumble C robot this week atAI Day. There were also a slew of news announcements from Tesla and others that had very positive implications for the future. Nevertheless, Tesla shares this week seem headed for their longest losing streak since March 2021.</p><p>We think that Tesla&#39;s new humanoid robot, in addition to developments in their real world AI, computing and other Tesla products currently represent a very attractive buying opportunity for long-term holders of the stock, and we expect it to outperform broad benchmarks even in times of macroeconomic distress.</p><p><img src=\"https://static.tigerbbs.com/194dff43d71f26606d51256c830a4945\" tg-width=\"635\" tg-height=\"450\" referrerpolicy=\"no-referrer\"/>Bumble C</p><p>As Tesla&#39;s Humanoid Robot is still under development, they were able to show their prototype &#34;Bumble C,&#34; which is to become a low-cost and mass-producible Optimus robot.</p><p>The initial release and demonstration of the product was followed by a variety ofreactions from expertsin the robotics industry and the investment community. Interestingly, Tesla received high praise from experts from the robotics industry, while there were many skeptics from the investment community.</p><p><img src=\"https://static.tigerbbs.com/c6d0c0a5d8694dfa2f56d1cf75ee8831\" tg-width=\"640\" tg-height=\"360\" referrerpolicy=\"no-referrer\"/></p><p>Tesla AI Day</p><p>We want to highlight the key differences between what makes Tesla&#39;s bot so different from competitors such as Boston Dynamics, Honda and others:</p><ul><li>Optimus is intended for mass production (i.e., thousands or millions of units).</li><li>Project progress was made in just 6 to 8 months, compared with decades at competitors.</li><li>The robot is expected to be affordable, costing only US$20K to manufacture, or &#34;significantly less expensive than an EV.&#34;</li><li>Tesla has a formidable AI advantage in the real world thanks to data collection efforts such as their FSD beta.</li><li>It is built for efficiency, and optimized for defined tasks rather than optimized for aesthetics.</li></ul><p><img src=\"https://static.tigerbbs.com/48961fc406e0289960175b055105f015\" tg-width=\"640\" tg-height=\"360\" referrerpolicy=\"no-referrer\"/></p><p>Tesla AI Day</p><p>Critics who compared the Optimus prototype to Boston Dynamics, for example, should note that Boston Dynamics has been aroundfor 30 years, and their humanoid robot Atlas has been in development for nearly 10 years, rather than 6 to 8 months. Boston Dynamics has also shown no intention of mass-producing their Atlas Robot, or at what price. However, their smaller robot dog, Spot, is currently available at a price ofabout US$75,000. At a price of US$20,000, not only small businesses but also households should be able to afford an Optimus robot.</p><p>The same goes for other concepts, such asHonda&#39;s Asimorobot, a humanoid robot that has been in development since the 1980s and was officially created in the year 2000. Although initially intended for mass development, Honda stopped producing Asimo robots to &#34;focus on more practical applications.&#34; None were actually sold, but Hondagave a pseudo quote of as much as $2.5 million per robot.</p><p>Tesla&#39;s robot may not have the same dexterity and human-like character because it is not primarily intended to perform tasks such as parkour or dancing. We also believe that Tesla, thanks to its real-world data collection, for example with FSD Beta, and its fleet ofmore than 3 million cars, has a head start on developing a functional AI-driven humanoid robot.</p><p><img src=\"https://static.tigerbbs.com/5780d19805b143394d1cccb72a98ac6d\" tg-width=\"640\" tg-height=\"360\" referrerpolicy=\"no-referrer\"/></p><p>Tesla AI Day</p><p>It is also important to note that this event was not aimed at investors, as thesole purpose was to recruit the best possible talent for Tesla and their Optimus project. We believe that recruiting the most talented engineers and employees at Tesla is a huge advantage for innovation within the company and to stay ahead of the competition.</p><p>For example, a recent survey of 49,197 American studentsby Universum, which specializes in employer branding, found that Tesla and SpaceX were named as their ideal employers. The combination of the ability to attract the best team of engineers, expertise in scaling and mass production, combined with a strong lead in data collection and years of expertise in real-world AI development, leads us to consider that Tesla is poised to become the leading company in humanoid robotics.</p><p><img src=\"https://static.tigerbbs.com/9fbe300b4c6989fade2f3522cfee49eb\" tg-width=\"640\" tg-height=\"360\" referrerpolicy=\"no-referrer\"/></p><p>Tesla AI Day</p><p>The Cost Savings</p><p>One of the main reasons Tesla is likely to make robots for a price tag of only US$20K is probably their ability to scale, vertically integrate and simplify concepts by leveraging their advances in automotive technology. Remember, Tesla specializes in &#34;building the machine that builds the machine,&#34; like their Gigafactories.</p><p>For example,in their Q2 report, they showed that the number of robots in their gigafactory body shop could be reduced by 70% compared to their first Model 3 body shop through large castings and parts consolidation. They are still on a quest for simplification with each new product and factory. Another example could be Tesla, which reportedlyremoved the ultrasonic sensorson Model 3 and Model Y vehicles because they are more confident in their AI and full self-driving capabilities.</p><p>Vertical integration in innovation is always an important concept because the unit price of certain components can drop significantly as a result ofWright&#39;s Law. For example, according to Wright&#39;s law, the cost of batteries drops 28% for every cumulative doubling of the number of units produced. That concept could be accelerated, as some of the robots&#39; components have similarities to what is used in EVs, and could be vertically integrated. The Optimus robots could also be used in Tesla&#39;s own production chain, producing more cars and robots.</p><p><img src=\"https://static.tigerbbs.com/bb9b7b69eca0bcc3d547dcee35162406\" tg-width=\"640\" tg-height=\"360\" referrerpolicy=\"no-referrer\"/></p><p>Tesla AI Day</p><p>There is still some debate whether Tesla will sell the robots at a fixed price, lease them, or possibly require an annual subscription for the robot and its software. If the Optimus could be produced for US$20K, it could represent a significant cost savings for employers that completely exceeds the output and productivity of an average worker. Tesla&#39;s FSD Beta software alone currently costs US$15K, and sells very well.</p><p>Compared to the average US work week, which is about 38.7 hours, Optimus can stay connected 24/7 when working in a factory, bringing the total work week to 168 hours. That&#39;s a 4x increase in output. Let&#39;s say the robot can replace 4 full-time factory or warehouse workers performing boring and repetitive tasks, employers could save up to$29,250 per employeeper year.</p><p>That makes $117,000 per robot per year, since its output is more than 4 times that of an employee. If the average lifetime of a robot is 8 years, this means a value of $936,000 per robot over its lifetime. This does not include the cost of employing workers, elimination of personnel costs, worker training and productivity loss due to illness or injury. Each year, approximately 2.3 million people worldwide suffer a work-related injury.</p><p><img src=\"https://static.tigerbbs.com/b7e5dc767ae2f36f0f5ba809cf7b9637\" tg-width=\"640\" tg-height=\"360\" referrerpolicy=\"no-referrer\"/></p><p>Tesla AI Day</p><p>With a value of US$936,000 and a COGS of US$20,000 in mass production, each unit produced could generate US$916,000 in value. Suppose Tesla takes a 30% gross margin on the value of this robot, just as they dowith their cars, that leaves another US$274,800 in gross profit per unit produced, or US$274.8BN per million units produced.</p><p>The big difference in why Tesla could succeed in building a truly intelligent robot capable of performing realistic tasks lies in itsdata advantageand its unique ability to collect data in real time. Even as we speak, thousands of cars worldwide on FSD Beta are collecting data to train Tesla&#39;s AI. It has been collecting such data since 2014, has a dataset of 4.8 million clips and has trained 75,778 models.</p><p><img src=\"https://static.tigerbbs.com/5ee780b98aa96a00300a696e280cf786\" tg-width=\"640\" tg-height=\"360\" referrerpolicy=\"no-referrer\"/></p><p>Tesla AI Day</p><p>Tesla also showed that it is serious about AI, by giving us a big update on their Dojo supercomputer they are building, and what plans they have for it. Tesla currently still uses a lot of Nvidia (NVDA) GPUs, but plans to increase its own capabilities for training its neural net.</p><p>It should also significantly reduce costs, and help Tesla maintain a data advantage. As Tesla&#39;s fleet grows exponentially with increased production and therollout of FSD betato more users, the amount of data Tesla and FSD beta collect in real-world applications also scales exponentially. Currently, Tesla has already driven over 35 million miles with its FSD beta cumulatively. Currently, they appear to be adding 10 million miles per quarter and expanding exponentially.</p><p>Tesla currently claims that it can replace 6 GPU boxes with just 1Dojo tile, which they also claim costs less than 1 GPU box itself, further significantly improving their cost efficiency and form factor in building out their AI systems.</p><p><img src=\"https://static.tigerbbs.com/f969773a012764dc54e04de9cedeaa0e\" tg-width=\"640\" tg-height=\"400\" referrerpolicy=\"no-referrer\"/></p><p>Tesla AI Day</p><p>The Automotive Side</p><p>Tesla has ventured into many areas, including batteries, solar, AI, self-driving, computers, robotics and more. While all of these ventures are promising and show great potential, we believe Tesla&#39;s auto side itself can generate better returns than broad benchmarks such as the S&amp;P 500 (SPY).</p><p>In the transition to EVs, we believe that with Wright&#39;s Law in place,EVs will be on parin price with ICE vehicles by next year 2024, and it will be a no-brainer to buy an EV. Especially as US oil prices remain high.OPEC+, for example, announced this week a production cut of 2 million barrels per day. Not only will it become cheaper to buy an EV, including tax breaks, but it will also likely cost less to maintain and refuel, increasing the adoption rate exponentially.</p><p>In 2021, the EV adoption rate was 6.6%, and we believe that by 2030 about 60% of car sales will be EVs, as EVs continue to fall below the same price as ICE vehicles as explained in our previous model. Under our assumptions, Tesla&#39;s market share in EVs will remain stagnant at 20% as competition enters the market. If both criteria are met, Tesla is expected to sell 10.8 million vehicles per year by 2030.</p><p><img src=\"https://static.tigerbbs.com/98543a4dc086e1db225ea538cc5c71f3\" tg-width=\"640\" tg-height=\"360\" referrerpolicy=\"no-referrer\"/></p><p>Tesla IR</p><p>This is also in line withElon Musk&#39;s expectationto have a fleet of more than 100 million cars in 10 years. Tesla has set a goal of producing more than double our estimate of 20 million units by 2030. However, we believe Tesla&#39;s average selling price will drop from US$50,450 in 2021 to US$42,000 in 2030 as a result of a new smaller sedan, with a target price closer to US$25,000-US$35,0000, in addition to a price cut to keep up with competitive pressures.</p><p>For a more in-depth explanation of our parameters for our valuation, please read our previous valuation modelpublished here on Seeking Alpha. We expect Tesla to generate approximately US$172.37BN in gross automotive revenue by 2030, with a gross margin of up to 38%.</p><p><img src=\"https://static.tigerbbs.com/2fa7a1659836da3ee6ab572806224152\" tg-width=\"640\" tg-height=\"131\" referrerpolicy=\"no-referrer\"/></p><p>Author&#39;s Calculations</p><p>OpEx is also likely to improve significantly over time, as Elon Musk himself alluded that &#34;OpEx. is embarrassingly high.&#34; Tesla&#39;s adjusted EBITDA margin was 21.6% in 2021, which we predict could reach 32% over the next 8 years. These improvements include cost reductions, historical margin improvement, expansion of software-based revenues and low fixed costs.</p><p>This would lead us to a final adjusted EBITDA of US$145.15 billion for the automotive section. If 5% annualshare dilutionis also taken into account, that would lead to adjusted EBITDA of US$31.42 per share by 2030. At a reasonable multiple of 16x, we expect Tesla&#39;s auto section to propel Tesla to $502.67 per share, or a CAGR of 10.7% that exceeds the historical average return of the S&amp;P 500.</p><p><img src=\"https://static.tigerbbs.com/fd7f2dced45f19caff10798400d7a8bf\" tg-width=\"640\" tg-height=\"360\" referrerpolicy=\"no-referrer\"/></p><p>Tesla IR</p><p>We used the mean of theS&amp;P 500 multiplier, but Tesla could be trading higher at that point because it could also be valued as a software company trading atmuch higher multiples. Also note that the S&amp;P 500 is more likely to trade below its historical average return because economic growth is currently stalling.</p><p>Developments, Macroeconomics &amp; Risks</p><p>While many critics expect Tesla to have a demand-side problem, we believe the opposite is true. Tesla historically and still has a huge order backlog, and has recently had toraise pricesagain to ensure that the customer experience does not suffer from immense wait times.</p><p>According toTeslike, which tracks Tesla data, the company still has a backlog of 317,000 vehicles despite price increases. This continuous backlog of orders could also serve as a great buffer if we are heading for anearnings recessionby the end of this year, as we and many economists expect.</p><p>In contrast, looking at economic indicators, we see an environment of rising yields, which are expected to rise to 4.5-4.75% by next year, making it more expensive for Tesla to expand operations, raise additional capital to build new Gigafactories and ramp up production as previously planned in a 0 interest rate environment, they face macroeconomic headwinds.</p><p><img src=\"https://static.tigerbbs.com/0104878c08973b5c44e0881be20c144d\" tg-width=\"635\" tg-height=\"433\" referrerpolicy=\"no-referrer\"/>Data by YCharts</p><p>On the other hand, OPEC+ announced this week its intention to cut production by2 million barrels per day as the group seeks to keep crude above $90 per barrel. This would also boost demand and accelerate the use of EVs as they reach the same price as ICE vehicles. Another big risk for Tesla is the production, or scaling up of its batteries,specifically 4680s in the future.</p><p>Tesla also announced this week itsdeliveries for Q22022: 365,923 vehicles were produced and 343,830 delivered, which was less than the deliveries expected by Wall Street. While some investors thought it was due to a &#34;demand-side problem,&#34; Tesla mentioned that it was actually due to the fact that it is &#34;increasingly challenging to secure vehicle transportation capacity, and at a reasonable cost during peak logistics weeks.&#34; We think Tesla made the right decision, saving capital for investors rather than placing hasty orders toward the end of the quarter to meet Wall Street&#39;s expectations.</p><p>Tesla also recently received aninvestment graderating for its bonds for the first time, meaning they are rated BBB by S&amp;P global and are no longer &#34;junk bonds.&#34; Even more good news came this week, as Elon Musk also hinted that Tesla will start production onDecember 1stand deliver its first Semitruck to customer Pepsi. This means that Tesla could be sending us a positive signal about its 4680s battery production and is ready to disrupt a new segment of the auto industry.</p><p><img src=\"https://static.tigerbbs.com/7faae7db7817551fd0be2c8bcc40fe0c\" tg-width=\"640\" tg-height=\"378\" referrerpolicy=\"no-referrer\"/></p><p>Tesla IR</p><p>The Bottom Line</p><p>Optimus could give Tesla a huge boost in cash flow, if it manages to solve and integrate true AI into its Optimus robot and can mass produce it at very low cost. According to our assumptions, Tesla looks like an attractive investment, as the company is expected to outperform historical average benchmarks such as the S&amp;P 500 with its automotive operations alone.</p><p>Other complementary activities that generate cash flow, such as solar, batteries, Optimus, AI, computer applications and others, have great potential and could push the company&#39;s valuation beyond the $502.67 per share target, giving investors additional alpha if the projects succeed and are widely implemented. We believe Tesla&#39;s expertise in &#34;building the machines that make the machines&#34; puts them in pole position to dominate the innovative sectors in which Tesla operates.</p><p>In essence, we fully support Elon Musk&#39;s view at AI Day that Tesla is essentially a succession of tech start-ups trying to solve some of the most difficult problems. All the recent positive news, amid one of Tesla&#39;s biggest one-week declines, makes Tesla stock all the more attractive to buy at this time, in our opinion.</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 Is A Bargain With Optimus And Recent Events</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 Is A Bargain With Optimus And Recent Events\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-11 23:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4545812-tesla-stock-bargain-with-optimus-and-recent-events><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryTesla has significantly improved its Optimus robot in a very short time, and could generate huge cash flow in these cases.Many positive catalysts have materialized around Tesla recently, ...</p>\n\n<a href=\"https://seekingalpha.com/article/4545812-tesla-stock-bargain-with-optimus-and-recent-events\">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/4545812-tesla-stock-bargain-with-optimus-and-recent-events","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1126298657","content_text":"SummaryTesla has significantly improved its Optimus robot in a very short time, and could generate huge cash flow in these cases.Many positive catalysts have materialized around Tesla recently, despite the fact that the stock suffered one of its heaviest losses in recent years.We judge that the automotive component of Tesla's business should be able to outperform broad benchmarks, allowing the stock to achieve double-digit annual returns.Tesla is expanding across most major emerging industries, presumably including energy, transportation, computing, manufacturing, robotics and more.Tesla (NASDAQ: TSLA) introduced its highly anticipated Optimus/ Bumble C robot this week atAI Day. There were also a slew of news announcements from Tesla and others that had very positive implications for the future. Nevertheless, Tesla shares this week seem headed for their longest losing streak since March 2021.We think that Tesla's new humanoid robot, in addition to developments in their real world AI, computing and other Tesla products currently represent a very attractive buying opportunity for long-term holders of the stock, and we expect it to outperform broad benchmarks even in times of macroeconomic distress.Bumble CAs Tesla's Humanoid Robot is still under development, they were able to show their prototype \"Bumble C,\" which is to become a low-cost and mass-producible Optimus robot.The initial release and demonstration of the product was followed by a variety ofreactions from expertsin the robotics industry and the investment community. Interestingly, Tesla received high praise from experts from the robotics industry, while there were many skeptics from the investment community.Tesla AI DayWe want to highlight the key differences between what makes Tesla's bot so different from competitors such as Boston Dynamics, Honda and others:Optimus is intended for mass production (i.e., thousands or millions of units).Project progress was made in just 6 to 8 months, compared with decades at competitors.The robot is expected to be affordable, costing only US$20K to manufacture, or \"significantly less expensive than an EV.\"Tesla has a formidable AI advantage in the real world thanks to data collection efforts such as their FSD beta.It is built for efficiency, and optimized for defined tasks rather than optimized for aesthetics.Tesla AI DayCritics who compared the Optimus prototype to Boston Dynamics, for example, should note that Boston Dynamics has been aroundfor 30 years, and their humanoid robot Atlas has been in development for nearly 10 years, rather than 6 to 8 months. Boston Dynamics has also shown no intention of mass-producing their Atlas Robot, or at what price. However, their smaller robot dog, Spot, is currently available at a price ofabout US$75,000. At a price of US$20,000, not only small businesses but also households should be able to afford an Optimus robot.The same goes for other concepts, such asHonda's Asimorobot, a humanoid robot that has been in development since the 1980s and was officially created in the year 2000. Although initially intended for mass development, Honda stopped producing Asimo robots to \"focus on more practical applications.\" None were actually sold, but Hondagave a pseudo quote of as much as $2.5 million per robot.Tesla's robot may not have the same dexterity and human-like character because it is not primarily intended to perform tasks such as parkour or dancing. We also believe that Tesla, thanks to its real-world data collection, for example with FSD Beta, and its fleet ofmore than 3 million cars, has a head start on developing a functional AI-driven humanoid robot.Tesla AI DayIt is also important to note that this event was not aimed at investors, as thesole purpose was to recruit the best possible talent for Tesla and their Optimus project. We believe that recruiting the most talented engineers and employees at Tesla is a huge advantage for innovation within the company and to stay ahead of the competition.For example, a recent survey of 49,197 American studentsby Universum, which specializes in employer branding, found that Tesla and SpaceX were named as their ideal employers. The combination of the ability to attract the best team of engineers, expertise in scaling and mass production, combined with a strong lead in data collection and years of expertise in real-world AI development, leads us to consider that Tesla is poised to become the leading company in humanoid robotics.Tesla AI DayThe Cost SavingsOne of the main reasons Tesla is likely to make robots for a price tag of only US$20K is probably their ability to scale, vertically integrate and simplify concepts by leveraging their advances in automotive technology. Remember, Tesla specializes in \"building the machine that builds the machine,\" like their Gigafactories.For example,in their Q2 report, they showed that the number of robots in their gigafactory body shop could be reduced by 70% compared to their first Model 3 body shop through large castings and parts consolidation. They are still on a quest for simplification with each new product and factory. Another example could be Tesla, which reportedlyremoved the ultrasonic sensorson Model 3 and Model Y vehicles because they are more confident in their AI and full self-driving capabilities.Vertical integration in innovation is always an important concept because the unit price of certain components can drop significantly as a result ofWright's Law. For example, according to Wright's law, the cost of batteries drops 28% for every cumulative doubling of the number of units produced. That concept could be accelerated, as some of the robots' components have similarities to what is used in EVs, and could be vertically integrated. The Optimus robots could also be used in Tesla's own production chain, producing more cars and robots.Tesla AI DayThere is still some debate whether Tesla will sell the robots at a fixed price, lease them, or possibly require an annual subscription for the robot and its software. If the Optimus could be produced for US$20K, it could represent a significant cost savings for employers that completely exceeds the output and productivity of an average worker. Tesla's FSD Beta software alone currently costs US$15K, and sells very well.Compared to the average US work week, which is about 38.7 hours, Optimus can stay connected 24/7 when working in a factory, bringing the total work week to 168 hours. That's a 4x increase in output. Let's say the robot can replace 4 full-time factory or warehouse workers performing boring and repetitive tasks, employers could save up to$29,250 per employeeper year.That makes $117,000 per robot per year, since its output is more than 4 times that of an employee. If the average lifetime of a robot is 8 years, this means a value of $936,000 per robot over its lifetime. This does not include the cost of employing workers, elimination of personnel costs, worker training and productivity loss due to illness or injury. Each year, approximately 2.3 million people worldwide suffer a work-related injury.Tesla AI DayWith a value of US$936,000 and a COGS of US$20,000 in mass production, each unit produced could generate US$916,000 in value. Suppose Tesla takes a 30% gross margin on the value of this robot, just as they dowith their cars, that leaves another US$274,800 in gross profit per unit produced, or US$274.8BN per million units produced.The big difference in why Tesla could succeed in building a truly intelligent robot capable of performing realistic tasks lies in itsdata advantageand its unique ability to collect data in real time. Even as we speak, thousands of cars worldwide on FSD Beta are collecting data to train Tesla's AI. It has been collecting such data since 2014, has a dataset of 4.8 million clips and has trained 75,778 models.Tesla AI DayTesla also showed that it is serious about AI, by giving us a big update on their Dojo supercomputer they are building, and what plans they have for it. Tesla currently still uses a lot of Nvidia (NVDA) GPUs, but plans to increase its own capabilities for training its neural net.It should also significantly reduce costs, and help Tesla maintain a data advantage. As Tesla's fleet grows exponentially with increased production and therollout of FSD betato more users, the amount of data Tesla and FSD beta collect in real-world applications also scales exponentially. Currently, Tesla has already driven over 35 million miles with its FSD beta cumulatively. Currently, they appear to be adding 10 million miles per quarter and expanding exponentially.Tesla currently claims that it can replace 6 GPU boxes with just 1Dojo tile, which they also claim costs less than 1 GPU box itself, further significantly improving their cost efficiency and form factor in building out their AI systems.Tesla AI DayThe Automotive SideTesla has ventured into many areas, including batteries, solar, AI, self-driving, computers, robotics and more. While all of these ventures are promising and show great potential, we believe Tesla's auto side itself can generate better returns than broad benchmarks such as the S&P 500 (SPY).In the transition to EVs, we believe that with Wright's Law in place,EVs will be on parin price with ICE vehicles by next year 2024, and it will be a no-brainer to buy an EV. Especially as US oil prices remain high.OPEC+, for example, announced this week a production cut of 2 million barrels per day. Not only will it become cheaper to buy an EV, including tax breaks, but it will also likely cost less to maintain and refuel, increasing the adoption rate exponentially.In 2021, the EV adoption rate was 6.6%, and we believe that by 2030 about 60% of car sales will be EVs, as EVs continue to fall below the same price as ICE vehicles as explained in our previous model. Under our assumptions, Tesla's market share in EVs will remain stagnant at 20% as competition enters the market. If both criteria are met, Tesla is expected to sell 10.8 million vehicles per year by 2030.Tesla IRThis is also in line withElon Musk's expectationto have a fleet of more than 100 million cars in 10 years. Tesla has set a goal of producing more than double our estimate of 20 million units by 2030. However, we believe Tesla's average selling price will drop from US$50,450 in 2021 to US$42,000 in 2030 as a result of a new smaller sedan, with a target price closer to US$25,000-US$35,0000, in addition to a price cut to keep up with competitive pressures.For a more in-depth explanation of our parameters for our valuation, please read our previous valuation modelpublished here on Seeking Alpha. We expect Tesla to generate approximately US$172.37BN in gross automotive revenue by 2030, with a gross margin of up to 38%.Author's CalculationsOpEx is also likely to improve significantly over time, as Elon Musk himself alluded that \"OpEx. is embarrassingly high.\" Tesla's adjusted EBITDA margin was 21.6% in 2021, which we predict could reach 32% over the next 8 years. These improvements include cost reductions, historical margin improvement, expansion of software-based revenues and low fixed costs.This would lead us to a final adjusted EBITDA of US$145.15 billion for the automotive section. If 5% annualshare dilutionis also taken into account, that would lead to adjusted EBITDA of US$31.42 per share by 2030. At a reasonable multiple of 16x, we expect Tesla's auto section to propel Tesla to $502.67 per share, or a CAGR of 10.7% that exceeds the historical average return of the S&P 500.Tesla IRWe used the mean of theS&P 500 multiplier, but Tesla could be trading higher at that point because it could also be valued as a software company trading atmuch higher multiples. Also note that the S&P 500 is more likely to trade below its historical average return because economic growth is currently stalling.Developments, Macroeconomics & RisksWhile many critics expect Tesla to have a demand-side problem, we believe the opposite is true. Tesla historically and still has a huge order backlog, and has recently had toraise pricesagain to ensure that the customer experience does not suffer from immense wait times.According toTeslike, which tracks Tesla data, the company still has a backlog of 317,000 vehicles despite price increases. This continuous backlog of orders could also serve as a great buffer if we are heading for anearnings recessionby the end of this year, as we and many economists expect.In contrast, looking at economic indicators, we see an environment of rising yields, which are expected to rise to 4.5-4.75% by next year, making it more expensive for Tesla to expand operations, raise additional capital to build new Gigafactories and ramp up production as previously planned in a 0 interest rate environment, they face macroeconomic headwinds.Data by YChartsOn the other hand, OPEC+ announced this week its intention to cut production by2 million barrels per day as the group seeks to keep crude above $90 per barrel. This would also boost demand and accelerate the use of EVs as they reach the same price as ICE vehicles. Another big risk for Tesla is the production, or scaling up of its batteries,specifically 4680s in the future.Tesla also announced this week itsdeliveries for Q22022: 365,923 vehicles were produced and 343,830 delivered, which was less than the deliveries expected by Wall Street. While some investors thought it was due to a \"demand-side problem,\" Tesla mentioned that it was actually due to the fact that it is \"increasingly challenging to secure vehicle transportation capacity, and at a reasonable cost during peak logistics weeks.\" We think Tesla made the right decision, saving capital for investors rather than placing hasty orders toward the end of the quarter to meet Wall Street's expectations.Tesla also recently received aninvestment graderating for its bonds for the first time, meaning they are rated BBB by S&P global and are no longer \"junk bonds.\" Even more good news came this week, as Elon Musk also hinted that Tesla will start production onDecember 1stand deliver its first Semitruck to customer Pepsi. This means that Tesla could be sending us a positive signal about its 4680s battery production and is ready to disrupt a new segment of the auto industry.Tesla IRThe Bottom LineOptimus could give Tesla a huge boost in cash flow, if it manages to solve and integrate true AI into its Optimus robot and can mass produce it at very low cost. According to our assumptions, Tesla looks like an attractive investment, as the company is expected to outperform historical average benchmarks such as the S&P 500 with its automotive operations alone.Other complementary activities that generate cash flow, such as solar, batteries, Optimus, AI, computer applications and others, have great potential and could push the company's valuation beyond the $502.67 per share target, giving investors additional alpha if the projects succeed and are widely implemented. We believe Tesla's expertise in \"building the machines that make the machines\" puts them in pole position to dominate the innovative sectors in which Tesla operates.In essence, we fully support Elon Musk's view at AI Day that Tesla is essentially a succession of tech start-ups trying to solve some of the most difficult problems. All the recent positive news, amid one of Tesla's biggest one-week declines, makes Tesla stock all the more attractive to buy at this time, in our opinion.","news_type":1},"isVote":1,"tweetType":1,"viewCount":29,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9956565872,"gmtCreate":1674067380096,"gmtModify":1676538921685,"author":{"id":"4094706538255210","authorId":"4094706538255210","name":"DavidHTW","avatar":"https://community-static.tradeup.com/news/f4211692e23623de59a502307acbb4cc","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4094706538255210","authorIdStr":"4094706538255210"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9956565872","repostId":"1148375286","repostType":4,"repost":{"id":"1148375286","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":1674054814,"share":"https://ttm.financial/m/news/1148375286?lang=&edition=fundamental","pubTime":"2023-01-18 23:13","market":"us","language":"en","title":"Top Calls on Wall Street: Apple, Tesla, Amazon, Netflix, Exxon, IBM and More","url":"https://stock-news.laohu8.com/highlight/detail?id=1148375286","media":"Tiger Newspress","summary":"Here are Wednesday’s biggest calls on Wall Street:Morgan Stanley names Apple a top 2023 pickMorgan S","content":"<html><head></head><body><p>Here are Wednesday’s biggest calls on Wall Street:</p><h2>Morgan Stanley names Apple a top 2023 pick</h2><p>Morgan Stanley said Apple is a “rare best-of-both worlds outperformer.”</p><blockquote>“We see Apple as a rare best-of-both worlds outperformer - a more defensive, quality name during challenging times, but an outperformer in the early cycle.”</blockquote><h2>Baird names Tesla a top 2023 pick</h2><p>Baird said it’s standing by its outperform rating on Tesla shares.</p><blockquote>“Demand concerns and near-term macroeconomic headwinds loom over the stock after falling nearly 70% in 2022. We are encouraged by the ramp of gigafactories at Berlin and Austin and believe the long-term setup is strong.”</blockquote><h2>Morgan Stanley names Amazon a top 2023 pick</h2><p>Morgan Stanley said Amazon is operating from a “leading e-commerce profit generating position.”</p><blockquote>“Amazon’s high-margin businesses continue to allow Amazon to drive greater profitability while still continuing to invest”</blockquote><h2>Morgan Stanley reiterates Microsoft as overweight</h2><p>Morgan Stanley said it’s staying bullish on the stock heading into earnings next week.</p><blockquote>“While indicators that Microsoft is not immune to the weaker IT spending environment aren’t hard to find, the preponderance of evidence in our survey work suggests favorable near-term consolidation trends and further improvement in the longer-term positioning against core secular growth initiatives.”</blockquote><h2>KeyBanc reiterates Netflix as sector weight</h2><p>KeyBanc said it’s cautiously optimistic heading into Netflix earnings on Thursday.</p><blockquote>“Coupled with the removal of net add guidance and monetization events on the horizon (e.g., ads, password sharing, and likely a 1H23E price increase), we believe there will be little for investors to nitpick on the print.”</blockquote><h2>Morgan Stanley downgrades IBM to equal weight from overweight</h2><p>Morgan Stanley downgraded IBM and said “late cycle outperformance [has] runs its course.”</p><blockquote>“we downgrade IBM to EW (from OW) as rev growth decelerates and risk of underperformance in a 2H23 early cycle bounce increases.”</blockquote><h2>Redburn downgrades Exxon to sell from neutral</h2><p>Redburn downgraded the oil and gas giant on valuation.</p><blockquote>“We continue to like Chevron and Exxon’s focus on low-risk repeatable upstream growth and their more conservative approach to low-carbon investments. ... .We downgrade Exxon to Sell on valuation and keep Chevron on Neutral.”</blockquote><h2>BMO initiates CrowdStrike as outperform</h2><p>BMO initiated the cybersecurity company and called it “best-in-class.”</p><blockquote>“We believe that CrowdStrike offers best-in-class endpoint security capabilities and an expanding platform that will help CrowdStrike compete against Microsoft and other vendors.”</blockquote><h2>Citi opens a catalyst watch on Qualcomm and Intel</h2><p>Citi opened a negative catalyst watch on Qualcomm and Intel due to concerns about weakness.</p><blockquote>“We expect weakness for both Intel and Qualcomm stocks during earnings given we have received a lot of investor interest in both stocks combined with lower guidance.”</blockquote><h2>Citi downgrades Morgan Stanley to neutral from buy</h2><p>Citi downgraded Morgan Stanley after its earnings report mainly on valuation.</p><blockquote>“In our view, the market is pricing in best in class returns and we do not see significant relative upside.”</blockquote><h2>Morgan Stanley upgrades Gap to equal weight from underweight</h2><p>Morgan Stanley said it sees more “upside than downside” for the stock.</p><blockquote>“On GPS, we see more upside than downside at current levels, &amp; move to Equal-weight with an unchanged $12 price target from Underweight prior.”</blockquote><h2>Mizuho upgrades Oatly to buy from neutral</h2><p>Mizuho said it sees accelerating growth for the oats beverage company.</p><blockquote>“We do not expect FCF-positive operations until 2H24, but liquidity tightness appears manageable and EBITDA can inflect positive exiting FY23. Limited elasticity for plant bevs supports our bullishness and improving capacity should accelerate OTLY growth.”</blockquote></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>Top Calls on Wall Street: Apple, Tesla, Amazon, Netflix, Exxon, IBM and More</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\">\nTop Calls on Wall Street: Apple, Tesla, Amazon, Netflix, Exxon, IBM and More\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\">2023-01-18 23:13</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Here are Wednesday’s biggest calls on Wall Street:</p><h2>Morgan Stanley names Apple a top 2023 pick</h2><p>Morgan Stanley said Apple is a “rare best-of-both worlds outperformer.”</p><blockquote>“We see Apple as a rare best-of-both worlds outperformer - a more defensive, quality name during challenging times, but an outperformer in the early cycle.”</blockquote><h2>Baird names Tesla a top 2023 pick</h2><p>Baird said it’s standing by its outperform rating on Tesla shares.</p><blockquote>“Demand concerns and near-term macroeconomic headwinds loom over the stock after falling nearly 70% in 2022. We are encouraged by the ramp of gigafactories at Berlin and Austin and believe the long-term setup is strong.”</blockquote><h2>Morgan Stanley names Amazon a top 2023 pick</h2><p>Morgan Stanley said Amazon is operating from a “leading e-commerce profit generating position.”</p><blockquote>“Amazon’s high-margin businesses continue to allow Amazon to drive greater profitability while still continuing to invest”</blockquote><h2>Morgan Stanley reiterates Microsoft as overweight</h2><p>Morgan Stanley said it’s staying bullish on the stock heading into earnings next week.</p><blockquote>“While indicators that Microsoft is not immune to the weaker IT spending environment aren’t hard to find, the preponderance of evidence in our survey work suggests favorable near-term consolidation trends and further improvement in the longer-term positioning against core secular growth initiatives.”</blockquote><h2>KeyBanc reiterates Netflix as sector weight</h2><p>KeyBanc said it’s cautiously optimistic heading into Netflix earnings on Thursday.</p><blockquote>“Coupled with the removal of net add guidance and monetization events on the horizon (e.g., ads, password sharing, and likely a 1H23E price increase), we believe there will be little for investors to nitpick on the print.”</blockquote><h2>Morgan Stanley downgrades IBM to equal weight from overweight</h2><p>Morgan Stanley downgraded IBM and said “late cycle outperformance [has] runs its course.”</p><blockquote>“we downgrade IBM to EW (from OW) as rev growth decelerates and risk of underperformance in a 2H23 early cycle bounce increases.”</blockquote><h2>Redburn downgrades Exxon to sell from neutral</h2><p>Redburn downgraded the oil and gas giant on valuation.</p><blockquote>“We continue to like Chevron and Exxon’s focus on low-risk repeatable upstream growth and their more conservative approach to low-carbon investments. ... .We downgrade Exxon to Sell on valuation and keep Chevron on Neutral.”</blockquote><h2>BMO initiates CrowdStrike as outperform</h2><p>BMO initiated the cybersecurity company and called it “best-in-class.”</p><blockquote>“We believe that CrowdStrike offers best-in-class endpoint security capabilities and an expanding platform that will help CrowdStrike compete against Microsoft and other vendors.”</blockquote><h2>Citi opens a catalyst watch on Qualcomm and Intel</h2><p>Citi opened a negative catalyst watch on Qualcomm and Intel due to concerns about weakness.</p><blockquote>“We expect weakness for both Intel and Qualcomm stocks during earnings given we have received a lot of investor interest in both stocks combined with lower guidance.”</blockquote><h2>Citi downgrades Morgan Stanley to neutral from buy</h2><p>Citi downgraded Morgan Stanley after its earnings report mainly on valuation.</p><blockquote>“In our view, the market is pricing in best in class returns and we do not see significant relative upside.”</blockquote><h2>Morgan Stanley upgrades Gap to equal weight from underweight</h2><p>Morgan Stanley said it sees more “upside than downside” for the stock.</p><blockquote>“On GPS, we see more upside than downside at current levels, &amp; move to Equal-weight with an unchanged $12 price target from Underweight prior.”</blockquote><h2>Mizuho upgrades Oatly to buy from neutral</h2><p>Mizuho said it sees accelerating growth for the oats beverage company.</p><blockquote>“We do not expect FCF-positive operations until 2H24, but liquidity tightness appears manageable and EBITDA can inflect positive exiting FY23. Limited elasticity for plant bevs supports our bullishness and improving capacity should accelerate OTLY growth.”</blockquote></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"XOM":"埃克森美孚","MS":"摩根士丹利","AAPL":"苹果","QCOM":"高通","CRWD":"CrowdStrike Holdings, Inc.","NFLX":"奈飞","MSFT":"微软","OTLY":"Oatly Group AB","TSLA":"特斯拉","INTC":"英特尔","AMZN":"亚马逊"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1148375286","content_text":"Here are Wednesday’s biggest calls on Wall Street:Morgan Stanley names Apple a top 2023 pickMorgan Stanley said Apple is a “rare best-of-both worlds outperformer.”“We see Apple as a rare best-of-both worlds outperformer - a more defensive, quality name during challenging times, but an outperformer in the early cycle.”Baird names Tesla a top 2023 pickBaird said it’s standing by its outperform rating on Tesla shares.“Demand concerns and near-term macroeconomic headwinds loom over the stock after falling nearly 70% in 2022. We are encouraged by the ramp of gigafactories at Berlin and Austin and believe the long-term setup is strong.”Morgan Stanley names Amazon a top 2023 pickMorgan Stanley said Amazon is operating from a “leading e-commerce profit generating position.”“Amazon’s high-margin businesses continue to allow Amazon to drive greater profitability while still continuing to invest”Morgan Stanley reiterates Microsoft as overweightMorgan Stanley said it’s staying bullish on the stock heading into earnings next week.“While indicators that Microsoft is not immune to the weaker IT spending environment aren’t hard to find, the preponderance of evidence in our survey work suggests favorable near-term consolidation trends and further improvement in the longer-term positioning against core secular growth initiatives.”KeyBanc reiterates Netflix as sector weightKeyBanc said it’s cautiously optimistic heading into Netflix earnings on Thursday.“Coupled with the removal of net add guidance and monetization events on the horizon (e.g., ads, password sharing, and likely a 1H23E price increase), we believe there will be little for investors to nitpick on the print.”Morgan Stanley downgrades IBM to equal weight from overweightMorgan Stanley downgraded IBM and said “late cycle outperformance [has] runs its course.”“we downgrade IBM to EW (from OW) as rev growth decelerates and risk of underperformance in a 2H23 early cycle bounce increases.”Redburn downgrades Exxon to sell from neutralRedburn downgraded the oil and gas giant on valuation.“We continue to like Chevron and Exxon’s focus on low-risk repeatable upstream growth and their more conservative approach to low-carbon investments. ... .We downgrade Exxon to Sell on valuation and keep Chevron on Neutral.”BMO initiates CrowdStrike as outperformBMO initiated the cybersecurity company and called it “best-in-class.”“We believe that CrowdStrike offers best-in-class endpoint security capabilities and an expanding platform that will help CrowdStrike compete against Microsoft and other vendors.”Citi opens a catalyst watch on Qualcomm and IntelCiti opened a negative catalyst watch on Qualcomm and Intel due to concerns about weakness.“We expect weakness for both Intel and Qualcomm stocks during earnings given we have received a lot of investor interest in both stocks combined with lower guidance.”Citi downgrades Morgan Stanley to neutral from buyCiti downgraded Morgan Stanley after its earnings report mainly on valuation.“In our view, the market is pricing in best in class returns and we do not see significant relative upside.”Morgan Stanley upgrades Gap to equal weight from underweightMorgan Stanley said it sees more “upside than downside” for the stock.“On GPS, we see more upside than downside at current levels, & move to Equal-weight with an unchanged $12 price target from Underweight prior.”Mizuho upgrades Oatly to buy from neutralMizuho said it sees accelerating growth for the oats beverage company.“We do not expect FCF-positive operations until 2H24, but liquidity tightness appears manageable and EBITDA can inflect positive exiting FY23. Limited elasticity for plant bevs supports our bullishness and improving capacity should accelerate OTLY growth.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":153,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9925387026,"gmtCreate":1671932651665,"gmtModify":1676538612200,"author":{"id":"4094706538255210","authorId":"4094706538255210","name":"DavidHTW","avatar":"https://community-static.tradeup.com/news/f4211692e23623de59a502307acbb4cc","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4094706538255210","authorIdStr":"4094706538255210"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9925387026","repostId":"2293241405","repostType":4,"repost":{"id":"2293241405","pubTimestamp":1671930358,"share":"https://ttm.financial/m/news/2293241405?lang=&edition=fundamental","pubTime":"2022-12-25 09:05","market":"us","language":"en","title":"Tesla Suspends Production at Shanghai Plant - Internal Notice","url":"https://stock-news.laohu8.com/highlight/detail?id=2293241405","media":"CNA","summary":"Tesla suspended production at its Shanghai plant on Saturday, according to an internal notice and tw","content":"<html><head></head><body><p>Tesla suspended production at its Shanghai plant on Saturday, according to an internal notice and two people with knowledge of the matter, bringing ahead a previous plan to pause most work at the plant in the last week of December.</p><p>The U.S. automaker cancelled the morning shift and told all workers at its most productive manufacturing hub they could start their break, said the people and the notice seen by Reuters. The company did not give a reason.</p><p>Reuters reported earlier this month that the electric car giant planned to suspend Model Y production at the plant from Dec. 25 to Jan. 1.</p><p>The suspension comes among a rising wave of infections after China eased its zero-COVID policy earlier this month, an abrupt move welcomed by businesses and the public but heavily disrupting business operations in the short term.</p><p>One of the people said workers at Tesla and its suppliers have also been falling sick as part of this wave, posing challenges to operations in the past week.</p><p>Tesla is also grappling with elevated inventory levels as its second largest market braces for a downturn.</p><p>The Shanghai plant has been focused on making models for export in the last week, the person added.</p><p>A media representative at Tesla China did not immediately respond to request for comment.</p><p>The plant’s suspension of Model Y assembly at the end of the month would be part of a cut in planned production of about 30 per cent in the month for the model, Tesla&#39;s best-selling model, at the Shanghai factory, Reuters had reported.</p><p>The Shanghai factory, the most important manufacturing hub for Elon Musk&#39;s electric vehicle company, kept normal operations during the last week of December last year.</p><p>It has not been an established practice for the plant to shut down for a year-end holiday.</p></body></html>","source":"can_highlight","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 Suspends Production at Shanghai Plant - Internal Notice</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\">\nTesla Suspends Production at Shanghai Plant - Internal Notice\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-25 09:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.channelnewsasia.com/business/tesla-suspends-production-shanghai-plant-internal-notice-3166821><strong>CNA</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tesla suspended production at its Shanghai plant on Saturday, according to an internal notice and two people with knowledge of the matter, bringing ahead a previous plan to pause most work at the ...</p>\n\n<a href=\"https://www.channelnewsasia.com/business/tesla-suspends-production-shanghai-plant-internal-notice-3166821\">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://www.channelnewsasia.com/business/tesla-suspends-production-shanghai-plant-internal-notice-3166821","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2293241405","content_text":"Tesla suspended production at its Shanghai plant on Saturday, according to an internal notice and two people with knowledge of the matter, bringing ahead a previous plan to pause most work at the plant in the last week of December.The U.S. automaker cancelled the morning shift and told all workers at its most productive manufacturing hub they could start their break, said the people and the notice seen by Reuters. The company did not give a reason.Reuters reported earlier this month that the electric car giant planned to suspend Model Y production at the plant from Dec. 25 to Jan. 1.The suspension comes among a rising wave of infections after China eased its zero-COVID policy earlier this month, an abrupt move welcomed by businesses and the public but heavily disrupting business operations in the short term.One of the people said workers at Tesla and its suppliers have also been falling sick as part of this wave, posing challenges to operations in the past week.Tesla is also grappling with elevated inventory levels as its second largest market braces for a downturn.The Shanghai plant has been focused on making models for export in the last week, the person added.A media representative at Tesla China did not immediately respond to request for comment.The plant’s suspension of Model Y assembly at the end of the month would be part of a cut in planned production of about 30 per cent in the month for the model, Tesla's best-selling model, at the Shanghai factory, Reuters had reported.The Shanghai factory, the most important manufacturing hub for Elon Musk's electric vehicle company, kept normal operations during the last week of December last year.It has not been an established practice for the plant to shut down for a year-end holiday.","news_type":1},"isVote":1,"tweetType":1,"viewCount":111,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9928693242,"gmtCreate":1671251920987,"gmtModify":1676538516056,"author":{"id":"4094706538255210","authorId":"4094706538255210","name":"DavidHTW","avatar":"https://community-static.tradeup.com/news/f4211692e23623de59a502307acbb4cc","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4094706538255210","authorIdStr":"4094706538255210"},"themes":[],"htmlText":"Quite Optimistic... but I like","listText":"Quite Optimistic... but I like","text":"Quite Optimistic... but I like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9928693242","repostId":"2292004292","repostType":4,"repost":{"id":"2292004292","pubTimestamp":1671248962,"share":"https://ttm.financial/m/news/2292004292?lang=&edition=fundamental","pubTime":"2022-12-17 11:49","market":"us","language":"en","title":"Tesla: Potential 38.6% Annualized Return","url":"https://stock-news.laohu8.com/highlight/detail?id=2292004292","media":"Seeking Alpha","summary":"SummaryTesla is expanding their product offerings.There are numerous potential positive and negative","content":"<html><head></head><body><h3>Summary</h3><ul><li>Tesla is expanding their product offerings.</li><li>There are numerous potential positive and negative impacts for 2023.</li><li>The Inflation Reduction Act may provide a $7,500 incentive on some vehicles beginning on 1/1/23.</li></ul><h2>Investment Thesis</h2><p>Tesla (NASDAQ:TSLA) should see higher stock prices due to expanded product offerings and production capacity, plus a possible $7,500 incentive. TSLA can provide an excellent return from the covered call premium even if the stock does not move much.</p><h2>Tesla</h2><p>Global deliveries in 2021 were a little over 936,000 units. The 2021 breakdown of Tesla&#39;s total revenues by country were U.S. (44.5%), China (25.7%), and Other (29.8%). Tesla has ambitious growth plans, but the output may be restricted by global semiconductor shortages and supply chain issues, at least in the near term.</p><p>Its stores do not carry extensive inventories, and many customers choose to customize their vehicles. Tesla has four reportable segments: Automotive sales (84.7% of total 2021 revenues), Automotive Leasing (3.1%), Services &amp; Other (7.1%), and Energy Generation &amp; Storage (5.2%).</p><p>TSLA has annual sales of $74.8B with 99.3K employees. They are 44.7% owned by institutions, with 3.0% short interest. Their return on equity is 28.1%, and they have a 25.0% return on invested capital. The free cash flow yield per share is 1.6%, and their buyback yield per share is 0.0%. Their Piotroski F-score is eight, indicating strength. They have a price-to-book ratio of 12.5.</p><h2>Potential Positive Impacts For 2023</h2><ol><li>Tesla is expanding their product offerings. The first deliveries of the Semi were achieved on December 1, 2022, which should be followed by the Cybertruck (late 2023), Roadster, and Optimus robot. The Cybertruck is believed to have reservations of more than 1.5 million. Eventually, Tesla will roll out more affordable sedans and SUV platforms in the coming years.</li><li>Tesla recently opened new plants in Texas and Germany.</li><li>TSLA is a big winner from the Inflation Reduction Act, as most versions of the industry&#39;s two best-selling EVs (the Model Y and Model 3) will probably become eligible for the $7,500 federal EV tax credit, effective January 1, 2023.</li><li>Tesla continually plans to reduce battery costs and boost vehicle range.</li><li>China will reopen eventually.</li><li>Gas prices are higher.</li><li>Tesla has virtually no debt and continues to spend little to nothing on advertising.</li></ol><h2>Potential Negative Impacts For 2023</h2><ol><li>Big automakers are introducing more and more EV vehicles at lower prices.</li><li>A recession may temporarily reduce sales.</li><li>Higher interest rates may temporarily reduce sales.</li><li>Global semiconductor shortages and supply chain issues are improving, but the output may still be restricted.</li><li>Elon Musk has sold over $23 billion in stock this year, presumably to fund Twitter, and he may sell more shares. (The Twitter impact on Tesla will probably fade, especially if a Twitter CEO is announced.)</li><li>TSLA stock ownership is about 44% institutions, 16% insiders, and 40% retail investors, any of whom may not hold shares waiting for a rebound.</li><li>Higher raw material, logistics, labor, and warranty costs may continue to be a headwind.</li></ol><h2>Q3 Quarterly Results</h2><p>TSLA announced record Q3 earnings in their October 19th press release.</p><ul><li>Production of 365K vehicles</li><li>Delivery of 343K vehicles</li><li>Operating cash flow less Capex (free cash flow) was $3.3B</li><li>Cash and marketable securities increased by $2.2B to $21.1B</li><li>Operating margin was 17.2%</li><li>Revenue grew 56% vs. last year</li></ul><p>Musk mentioned the following about growth on the conference call.</p><blockquote>Actually, one caveat, I should say, is growing production by 50% every year because of deliveries -- we&#39;re trying to smooth out the deliveries and not have this crazy delivery rate at the end of every quarter, so. In fact, we&#39;re just fundamentally running out of -- there weren&#39;t enough boats, there weren&#39;t enough trains, there weren&#39;t enough car carriers to actually support the wave because it got too big. So, whether we like it or not, we actually have to smooth out the delivery of cars intra-quarter because there aren&#39;t just enough transportation objects to move them around.</blockquote><p>Musk responded to questions about the product.</p><blockquote>So, we&#39;ll be handing over our first production Tesla Semis to Pepsi on December 1. I&#39;ll be there in person.</blockquote><blockquote>Yes, exactly; very important, no sacrifice to cargo capacity, 500-mile range. To be clear, 500 miles with the cargo. Yes, 500 miles with the cargo on level ground. Yes, sure. Not up. It&#39;s excellent. But the point is, it&#39;s a long-range truck and even with heavy cargo. And the number of times people tell, no, you can&#39;t -- it&#39;s impossible to make a long-range heavy-duty Class A truck. And then, I&#39;ll ask, well, what are your assumptions about what hour kilogram and what hours per mile, and they look at me with a blank stare and then say hydrogen. I&#39;m like, no, that&#39;s not the answer; I was looking for numbers, literally. It&#39;s not a number. It&#39;s [indiscernible] table. You obviously don&#39;t need hydrogen for heavy trucks.</blockquote><blockquote>And we&#39;ll be ramping up Semi production through next year. As I think everyone knows at this point, it takes about a year to ramp up production. So, we expect to see significant -- we&#39;re tentatively aiming for 50,000 units in 2024 for Tesla Semi in North America. And obviously, we&#39;ll expand beyond North America. And these would sell -- I don&#39;t want to say the exact prices, but they&#39;re much more than a passenger vehicle. So, with a few thousand heavy trucks of this nature, it would be worth several Model Ys.</blockquote><p>The 50,000-unit forecast for 2024 seems too aggressive. I suspect TSLA will trade above $160.00 in the next year or two, even if the truck forecast is too aggressive.</p><h2>Good Technical Entry Point</h2><p>The share price of TSLA traded at $158.00 on December 15th. I&#39;ve added the green Fibonacci lines, using the high and low of the past five years for TSLA. It&#39;s interesting to note how the market pauses or bounces off these Fibonacci lines. They can be one clue as to where the stock price may be headed. TSLA is slightly below the 38.2% Fibonacci retracement level but could go lower. However, I believe that TSLA will trade above $160.00 by June for the reasons in this article.</p><p></p><p><img src=\"https://static.tigerbbs.com/d4d74a16eaf31e58b529a1b8c50655de\" tg-width=\"640\" tg-height=\"306\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Schwab StreetSmart Edge</p><p>The fifteen most accurate analysts have an average one-year price target of $288.43, indicating an 82.5% potential upside from the December 15th trading price of $158.00 if they are correct. Their ratings are ten buys, four holds, and one sell. Analysts are just one of my indicators, and they are not perfect, but they are usually in the ballpark with estimates or at least headed in the right direction. They often seem a bit optimistic, so I suspect prices may end up lower than their one-year targets to be on the safe side.</p><h2>Trends In Earnings Per Share, P/E Ratio, And Operating Margin</h2><p>The black line shows TSLA&#39;s stock price for the past twelve years. Look at the chart of numbers below the graph to see that TSLA adjusted earnings were $0.00 in 2019, $0.75 in 2020, and $2.26 in 2021. They are projected to earn $4.10 in 2022, $5.75 in 2023, and $6.91 in 2024.</p><p>The P/E ratio for TSLA is currently very high. If TSLA earns $6.91 in 2024, the stock could trade at $160.00 if the market assigns a 23.1 P/E ratio. Tesla&#39;s growth rate is so strong that it would not surprise me to see TSLA trading above $160.00 a year or two from now.</p><p><img src=\"https://static.tigerbbs.com/4d13a6319189ad952ac60082b701f502\" tg-width=\"640\" tg-height=\"335\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>FastGraphs.com</p><p>TSLA&#39;s operating margin has been increasing for the past five years.</p><p><img src=\"https://static.seekingalpha.com/uploads/2022/12/15/737809-167112985977127.png\" tg-width=\"640\" tg-height=\"300\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>StockRover.com</p><p>The stock price has not yet caught up with the increasing sales and EPS.</p><p><img src=\"https://static.tigerbbs.com/c5e35f969fef71b655da5962d71daf93\" tg-width=\"640\" tg-height=\"293\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>StockRover.com</p><h2><b>Sell Covered Calls</b></h2><p>My answer to uncertainty is to sell covered calls on TSLA six months out. TSLA traded at $158.00 on December 15th, and June&#39;s $160.00 covered calls are at or near $28.60. One covered call requires 100 shares of stock to be purchased. The stock will be called away if it trades above $160.00 on June 16th. It may even be called away sooner if the price exceeds $160.00, but that&#39;s fine since capital is returned sooner.</p><p>The investor can earn $2,860 from call premium and $200 from stock price appreciation. This totals $3,060 in estimated profit on a $15,800 investment, which is a 38.6% annualized return since the period is 183 days.</p><p>If the stock is below $160.00 on June 16th, investors will still make a profit on this trade down to the net stock price of $129.40. Selling covered calls reduces your risk.</p><h2>Takeaway</h2><p>TSLA should see higher stock prices due to expanded product offerings and production capacity, plus a possible $7,500 incentive. Even if TSLA&#39;s stock price only moves from $158.00 to $160.00 by June 16th, a 38.6% potential annualized return is possible, including the covered call premium.</p></body></html>","source":"seekingalpha","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: Potential 38.6% Annualized Return</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: Potential 38.6% Annualized Return\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-17 11:49 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4564906-tesla-potential-38-6-percent-annualized-return><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryTesla is expanding their product offerings.There are numerous potential positive and negative impacts for 2023.The Inflation Reduction Act may provide a $7,500 incentive on some vehicles ...</p>\n\n<a href=\"https://seekingalpha.com/article/4564906-tesla-potential-38-6-percent-annualized-return\">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/4564906-tesla-potential-38-6-percent-annualized-return","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2292004292","content_text":"SummaryTesla is expanding their product offerings.There are numerous potential positive and negative impacts for 2023.The Inflation Reduction Act may provide a $7,500 incentive on some vehicles beginning on 1/1/23.Investment ThesisTesla (NASDAQ:TSLA) should see higher stock prices due to expanded product offerings and production capacity, plus a possible $7,500 incentive. TSLA can provide an excellent return from the covered call premium even if the stock does not move much.TeslaGlobal deliveries in 2021 were a little over 936,000 units. The 2021 breakdown of Tesla's total revenues by country were U.S. (44.5%), China (25.7%), and Other (29.8%). Tesla has ambitious growth plans, but the output may be restricted by global semiconductor shortages and supply chain issues, at least in the near term.Its stores do not carry extensive inventories, and many customers choose to customize their vehicles. Tesla has four reportable segments: Automotive sales (84.7% of total 2021 revenues), Automotive Leasing (3.1%), Services & Other (7.1%), and Energy Generation & Storage (5.2%).TSLA has annual sales of $74.8B with 99.3K employees. They are 44.7% owned by institutions, with 3.0% short interest. Their return on equity is 28.1%, and they have a 25.0% return on invested capital. The free cash flow yield per share is 1.6%, and their buyback yield per share is 0.0%. Their Piotroski F-score is eight, indicating strength. They have a price-to-book ratio of 12.5.Potential Positive Impacts For 2023Tesla is expanding their product offerings. The first deliveries of the Semi were achieved on December 1, 2022, which should be followed by the Cybertruck (late 2023), Roadster, and Optimus robot. The Cybertruck is believed to have reservations of more than 1.5 million. Eventually, Tesla will roll out more affordable sedans and SUV platforms in the coming years.Tesla recently opened new plants in Texas and Germany.TSLA is a big winner from the Inflation Reduction Act, as most versions of the industry's two best-selling EVs (the Model Y and Model 3) will probably become eligible for the $7,500 federal EV tax credit, effective January 1, 2023.Tesla continually plans to reduce battery costs and boost vehicle range.China will reopen eventually.Gas prices are higher.Tesla has virtually no debt and continues to spend little to nothing on advertising.Potential Negative Impacts For 2023Big automakers are introducing more and more EV vehicles at lower prices.A recession may temporarily reduce sales.Higher interest rates may temporarily reduce sales.Global semiconductor shortages and supply chain issues are improving, but the output may still be restricted.Elon Musk has sold over $23 billion in stock this year, presumably to fund Twitter, and he may sell more shares. (The Twitter impact on Tesla will probably fade, especially if a Twitter CEO is announced.)TSLA stock ownership is about 44% institutions, 16% insiders, and 40% retail investors, any of whom may not hold shares waiting for a rebound.Higher raw material, logistics, labor, and warranty costs may continue to be a headwind.Q3 Quarterly ResultsTSLA announced record Q3 earnings in their October 19th press release.Production of 365K vehiclesDelivery of 343K vehiclesOperating cash flow less Capex (free cash flow) was $3.3BCash and marketable securities increased by $2.2B to $21.1BOperating margin was 17.2%Revenue grew 56% vs. last yearMusk mentioned the following about growth on the conference call.Actually, one caveat, I should say, is growing production by 50% every year because of deliveries -- we're trying to smooth out the deliveries and not have this crazy delivery rate at the end of every quarter, so. In fact, we're just fundamentally running out of -- there weren't enough boats, there weren't enough trains, there weren't enough car carriers to actually support the wave because it got too big. So, whether we like it or not, we actually have to smooth out the delivery of cars intra-quarter because there aren't just enough transportation objects to move them around.Musk responded to questions about the product.So, we'll be handing over our first production Tesla Semis to Pepsi on December 1. I'll be there in person.Yes, exactly; very important, no sacrifice to cargo capacity, 500-mile range. To be clear, 500 miles with the cargo. Yes, 500 miles with the cargo on level ground. Yes, sure. Not up. It's excellent. But the point is, it's a long-range truck and even with heavy cargo. And the number of times people tell, no, you can't -- it's impossible to make a long-range heavy-duty Class A truck. And then, I'll ask, well, what are your assumptions about what hour kilogram and what hours per mile, and they look at me with a blank stare and then say hydrogen. I'm like, no, that's not the answer; I was looking for numbers, literally. It's not a number. It's [indiscernible] table. You obviously don't need hydrogen for heavy trucks.And we'll be ramping up Semi production through next year. As I think everyone knows at this point, it takes about a year to ramp up production. So, we expect to see significant -- we're tentatively aiming for 50,000 units in 2024 for Tesla Semi in North America. And obviously, we'll expand beyond North America. And these would sell -- I don't want to say the exact prices, but they're much more than a passenger vehicle. So, with a few thousand heavy trucks of this nature, it would be worth several Model Ys.The 50,000-unit forecast for 2024 seems too aggressive. I suspect TSLA will trade above $160.00 in the next year or two, even if the truck forecast is too aggressive.Good Technical Entry PointThe share price of TSLA traded at $158.00 on December 15th. I've added the green Fibonacci lines, using the high and low of the past five years for TSLA. It's interesting to note how the market pauses or bounces off these Fibonacci lines. They can be one clue as to where the stock price may be headed. TSLA is slightly below the 38.2% Fibonacci retracement level but could go lower. However, I believe that TSLA will trade above $160.00 by June for the reasons in this article.Schwab StreetSmart EdgeThe fifteen most accurate analysts have an average one-year price target of $288.43, indicating an 82.5% potential upside from the December 15th trading price of $158.00 if they are correct. Their ratings are ten buys, four holds, and one sell. Analysts are just one of my indicators, and they are not perfect, but they are usually in the ballpark with estimates or at least headed in the right direction. They often seem a bit optimistic, so I suspect prices may end up lower than their one-year targets to be on the safe side.Trends In Earnings Per Share, P/E Ratio, And Operating MarginThe black line shows TSLA's stock price for the past twelve years. Look at the chart of numbers below the graph to see that TSLA adjusted earnings were $0.00 in 2019, $0.75 in 2020, and $2.26 in 2021. They are projected to earn $4.10 in 2022, $5.75 in 2023, and $6.91 in 2024.The P/E ratio for TSLA is currently very high. If TSLA earns $6.91 in 2024, the stock could trade at $160.00 if the market assigns a 23.1 P/E ratio. Tesla's growth rate is so strong that it would not surprise me to see TSLA trading above $160.00 a year or two from now.FastGraphs.comTSLA's operating margin has been increasing for the past five years.StockRover.comThe stock price has not yet caught up with the increasing sales and EPS.StockRover.comSell Covered CallsMy answer to uncertainty is to sell covered calls on TSLA six months out. TSLA traded at $158.00 on December 15th, and June's $160.00 covered calls are at or near $28.60. One covered call requires 100 shares of stock to be purchased. The stock will be called away if it trades above $160.00 on June 16th. It may even be called away sooner if the price exceeds $160.00, but that's fine since capital is returned sooner.The investor can earn $2,860 from call premium and $200 from stock price appreciation. This totals $3,060 in estimated profit on a $15,800 investment, which is a 38.6% annualized return since the period is 183 days.If the stock is below $160.00 on June 16th, investors will still make a profit on this trade down to the net stock price of $129.40. Selling covered calls reduces your risk.TakeawayTSLA should see higher stock prices due to expanded product offerings and production capacity, plus a possible $7,500 incentive. Even if TSLA's stock price only moves from $158.00 to $160.00 by June 16th, a 38.6% potential annualized return is possible, including the covered call premium.","news_type":1},"isVote":1,"tweetType":1,"viewCount":27,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9966804252,"gmtCreate":1669471205876,"gmtModify":1676538199920,"author":{"id":"4094706538255210","authorId":"4094706538255210","name":"DavidHTW","avatar":"https://community-static.tradeup.com/news/f4211692e23623de59a502307acbb4cc","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4094706538255210","authorIdStr":"4094706538255210"},"themes":[],"htmlText":"Looking good long term","listText":"Looking good long term","text":"Looking good long term","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9966804252","repostId":"2286650311","repostType":4,"repost":{"id":"2286650311","pubTimestamp":1669426086,"share":"https://ttm.financial/m/news/2286650311?lang=&edition=fundamental","pubTime":"2022-11-26 09:28","market":"us","language":"en","title":"Apple: Ignore The Zero-COVID Policy And Manchester United Noise","url":"https://stock-news.laohu8.com/highlight/detail?id=2286650311","media":"Seekingalpha","summary":"The Apple Investment Thesis Is Still IntactIt is evident that Apple (NASDAQ:AAPL) is in the hot seat","content":"<html><head></head><body><h2><b>The Apple Investment Thesis Is Still Intact</b></h2><p>It is evident that Apple (NASDAQ:AAPL) is in the hot seat now, due to the rumored Manchester United takeover and the riot in Foxconn&#39;s factory in Zhengzhou. While almost impossible, we suppose the massively popular soccer team may add some advertising and marketing value to the company, especially in the Apple TV segment. However, due to the potential cash burn and the odd timing coinciding with World Cup excitement, it is unlikely that the rumor is true. We&#39;ll see, since Daily Star has also speculated Amazon (AMZN) and Meta (META) as prospective buyers.</p><p>On the other hand, we do not expect lingering issues from the Foxconn riot. Notably, iPhone 12 was released in October 2020 at a time when global economies were shut down and China under lockdown. And yet, AAPL and Foxconn went above and beyond in delivering 100M units by H1&#39;21. Though the Zhengzhou plant was previously responsible for four in five iPhone production and assembly, we expect these deliveries to still be completed, albeit delayed with much controversy.</p><p>Moving forward, Foxconn is already diversifying its production locations to Vietnam and Thailand, with the factory in India already producing additional iPhone 14 models since early November. Though the iPhone 14 Pro model is still limited to the Chinese factory, we expect things to change in the short term, since the factory in India is reportedly close to achieving parity with China&#39;s capacity. Therefore, safeguarding AAPL&#39;s top and bottom lines ahead, no matter the temporal headwinds.</p><p>Even Mr. Market remains optimistic about AAPL&#39;s forward execution, since the stock continues to trade above its 50-day moving average, significantly aided by the upbeat October CPI reports. Assuming that 75.8% of analysts are right that the Feds truly pivot earlier by December, we may see another wave of optimism lifting most boats up then. One word of caution though, it is uncertain if this recovery will be sustainable through 2023, as the Feds may also raise terminal rates to over 6%.</p><h2><b>AAPL&#39;s Performance Continue To Defy The Bears</b></h2><p><b>AAPL Revenue, Net Income ( in billion $ ) %, EBIT %, and EPS</b></p><p></p><p><img src=\"https://static.tigerbbs.com/0b64fba2e93c8db104b8c1c98ec6d412\" referrerpolicy=\"no-referrer\"/></p><p>S&amp;P Capital IQ</p><p>In its latest earnings call, AAPL reported excellent YoY expansion in gross margins from 41.8% in FY2021 to 43.3% in FY2022, indicating its excellent pricing power despite the rising inflationary pressures. The company also recorded exemplary EBIT and net income margins of 27.6% and 23% in FQ4&#39;22, respectively, representing excellent command of operating expenses over the past three years. This is impressive, despite the elevated stock-based compensation of $9.03B in FY2022, against $7.9B in FY2021 and $6.06B in FY2019. Then again, with $95.62B of share repurchases and $14.84B of dividends paid out at the same time, we are not overly concerned about the destruction of shareholders&#39; value.</p><p><b>AAPL Cash/ Investments, FCF ( in billion $ ) %, and Debts</b></p><p></p><p><img src=\"https://static.tigerbbs.com/939b756788b92bbbf2a6e101ab6fb85b\" referrerpolicy=\"no-referrer\"/></p><p>S&amp;P Capital IQ</p><p>Thereby, also expanding AAPL&#39;s Free Cash Flow (FCF) generation to $20.84B for the latest quarter, or $111.44B for FY2022, improving its margins by 2.9 percentage points YoY. However, long-term investors would be well-advised to monitor the health of its balance sheet, due to the continuous decline in its total cash/ investments to $48.3B by the latest quarter, indicating a -22.89% headwind YoY or -51.96% from FY2019 levels.</p><p>Furthermore, AAPL&#39;s debt levels remain elevated thus far, with $11.13B due 2023, despite the growth in its FCF generation. Nonetheless, with its long-term debts well-laddered through 2062, the company is still well-positioned for the short term market volatility in 2023.</p><p><b>AAPL Projected Revenue, Net Income ( in billion $ ) %, EBIT %, and EPS, and</b> <b>FCF %</b></p><p></p><p><img src=\"https://static.tigerbbs.com/c5dd8a68dd2244820105b96fa14e0b48\" referrerpolicy=\"no-referrer\"/></p><p>S&amp;P Capital IQ</p><p>Furthermore, AAPL&#39;s top and bottom line growth through FY2025 remains robust, despite the tragic market-wide correction thus far. Mr. Market has only discounted its forward execution by -2.06% and -7.96%, respectively, since May 2022. Furthermore, we may see an upwards re-rating ahead, assuming that its mixed-reality headsets are released in 2023 and Apple Car by 2025. Given its unique positioning in the tech market and loyal global fan base with higher spending power, it is not hard to see why AAPL is well-covered by market analysts.</p><p>In the meantime, we encourage you to read our previous article on AAPL, which would help you better understand its position and market opportunities.</p><ul><li>Apple: Hello Recession</li><li>Apple Vs. Meta: Battle Of The Mixed Reality</li></ul><h2><b>So, Is AAPL Stock A Buy, Sell, or Hold?</b></h2><p><b>AAPL 5Y EV/Revenue and P/E Valuations</b></p><p></p><p><img src=\"https://static.tigerbbs.com/8ccb10ea1431a665c5d82802ec26e030\" referrerpolicy=\"no-referrer\"/></p><p>S&amp;P Capital IQ</p><p>AAPL is currently trading at an EV/NTM Revenue of 5.81x and NTM P/E of 24.20x, higher than its 5Y mean of 4.72x and 22.19x. Otherwise, comparatively lower than its YTD mean of 6.15x and 25.46x, respectively. Otherwise, the stock has also recorded an excellent recovery of 12.01% since recent rock bottom levels in early November. Despite so, consensus estimates remain bullish about AAPL&#39;s prospects, given their price target of $180.70 and a 19.61% upside from current prices.</p><p><b>AAPL YTD Stock Price</b></p><p></p><p><img src=\"https://static.tigerbbs.com/932da1c65e7f3b000a7065a05264b9b3\" referrerpolicy=\"no-referrer\"/></p><p>Seeking Alpha</p><p>It is not hard to see why AAPL remains the king of the FAANG stocks, despite the market-wide correction thus far. The stock has suffered minimally in the past year by a moderate decline of -17%, compared to the S&amp;P 500 Index by -16.04% and Meta by a tragic -66.85% at the same time. Investors must not forget the subscription plan previously reported by Bloomberg, since AAPL&#39;s top and bottom lines remained mostly intact through FY2025, despite the peak recessionary fears.</p><p>Nonetheless, we have to also admit that investors should wait for a moderate retracement before adding at current levels. That is if one had missed loading up at the recent bottom of $134. There are still some uncertainties in the short term, since the Feds are due to meet by mid-December, with the circumstances still chaotic in Zhengzhou. While its long-term prospects are stellar, we expect to see another bottom retest soon. Especially by the FQ1&#39;23 earnings call, since AAPL may fail to deliver part of its iPhone 14 orders, thereby, missing consensus revenue estimates of $125.85B and EPS of $2.04. Patience for now.</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>Apple: Ignore The Zero-COVID Policy And Manchester United Noise</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\">\nApple: Ignore The Zero-COVID Policy And Manchester United Noise\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-26 09:28 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4560473-apple-ignore-zero-covid-policy-manchester-united-noise><strong>Seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Apple Investment Thesis Is Still IntactIt is evident that Apple (NASDAQ:AAPL) is in the hot seat now, due to the rumored Manchester United takeover and the riot in Foxconn's factory in Zhengzhou. ...</p>\n\n<a href=\"https://seekingalpha.com/article/4560473-apple-ignore-zero-covid-policy-manchester-united-noise\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://seekingalpha.com/article/4560473-apple-ignore-zero-covid-policy-manchester-united-noise","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2286650311","content_text":"The Apple Investment Thesis Is Still IntactIt is evident that Apple (NASDAQ:AAPL) is in the hot seat now, due to the rumored Manchester United takeover and the riot in Foxconn's factory in Zhengzhou. While almost impossible, we suppose the massively popular soccer team may add some advertising and marketing value to the company, especially in the Apple TV segment. However, due to the potential cash burn and the odd timing coinciding with World Cup excitement, it is unlikely that the rumor is true. We'll see, since Daily Star has also speculated Amazon (AMZN) and Meta (META) as prospective buyers.On the other hand, we do not expect lingering issues from the Foxconn riot. Notably, iPhone 12 was released in October 2020 at a time when global economies were shut down and China under lockdown. And yet, AAPL and Foxconn went above and beyond in delivering 100M units by H1'21. Though the Zhengzhou plant was previously responsible for four in five iPhone production and assembly, we expect these deliveries to still be completed, albeit delayed with much controversy.Moving forward, Foxconn is already diversifying its production locations to Vietnam and Thailand, with the factory in India already producing additional iPhone 14 models since early November. Though the iPhone 14 Pro model is still limited to the Chinese factory, we expect things to change in the short term, since the factory in India is reportedly close to achieving parity with China's capacity. Therefore, safeguarding AAPL's top and bottom lines ahead, no matter the temporal headwinds.Even Mr. Market remains optimistic about AAPL's forward execution, since the stock continues to trade above its 50-day moving average, significantly aided by the upbeat October CPI reports. Assuming that 75.8% of analysts are right that the Feds truly pivot earlier by December, we may see another wave of optimism lifting most boats up then. One word of caution though, it is uncertain if this recovery will be sustainable through 2023, as the Feds may also raise terminal rates to over 6%.AAPL's Performance Continue To Defy The BearsAAPL Revenue, Net Income ( in billion $ ) %, EBIT %, and EPSS&P Capital IQIn its latest earnings call, AAPL reported excellent YoY expansion in gross margins from 41.8% in FY2021 to 43.3% in FY2022, indicating its excellent pricing power despite the rising inflationary pressures. The company also recorded exemplary EBIT and net income margins of 27.6% and 23% in FQ4'22, respectively, representing excellent command of operating expenses over the past three years. This is impressive, despite the elevated stock-based compensation of $9.03B in FY2022, against $7.9B in FY2021 and $6.06B in FY2019. Then again, with $95.62B of share repurchases and $14.84B of dividends paid out at the same time, we are not overly concerned about the destruction of shareholders' value.AAPL Cash/ Investments, FCF ( in billion $ ) %, and DebtsS&P Capital IQThereby, also expanding AAPL's Free Cash Flow (FCF) generation to $20.84B for the latest quarter, or $111.44B for FY2022, improving its margins by 2.9 percentage points YoY. However, long-term investors would be well-advised to monitor the health of its balance sheet, due to the continuous decline in its total cash/ investments to $48.3B by the latest quarter, indicating a -22.89% headwind YoY or -51.96% from FY2019 levels.Furthermore, AAPL's debt levels remain elevated thus far, with $11.13B due 2023, despite the growth in its FCF generation. Nonetheless, with its long-term debts well-laddered through 2062, the company is still well-positioned for the short term market volatility in 2023.AAPL Projected Revenue, Net Income ( in billion $ ) %, EBIT %, and EPS, and FCF %S&P Capital IQFurthermore, AAPL's top and bottom line growth through FY2025 remains robust, despite the tragic market-wide correction thus far. Mr. Market has only discounted its forward execution by -2.06% and -7.96%, respectively, since May 2022. Furthermore, we may see an upwards re-rating ahead, assuming that its mixed-reality headsets are released in 2023 and Apple Car by 2025. Given its unique positioning in the tech market and loyal global fan base with higher spending power, it is not hard to see why AAPL is well-covered by market analysts.In the meantime, we encourage you to read our previous article on AAPL, which would help you better understand its position and market opportunities.Apple: Hello RecessionApple Vs. Meta: Battle Of The Mixed RealitySo, Is AAPL Stock A Buy, Sell, or Hold?AAPL 5Y EV/Revenue and P/E ValuationsS&P Capital IQAAPL is currently trading at an EV/NTM Revenue of 5.81x and NTM P/E of 24.20x, higher than its 5Y mean of 4.72x and 22.19x. Otherwise, comparatively lower than its YTD mean of 6.15x and 25.46x, respectively. Otherwise, the stock has also recorded an excellent recovery of 12.01% since recent rock bottom levels in early November. Despite so, consensus estimates remain bullish about AAPL's prospects, given their price target of $180.70 and a 19.61% upside from current prices.AAPL YTD Stock PriceSeeking AlphaIt is not hard to see why AAPL remains the king of the FAANG stocks, despite the market-wide correction thus far. The stock has suffered minimally in the past year by a moderate decline of -17%, compared to the S&P 500 Index by -16.04% and Meta by a tragic -66.85% at the same time. Investors must not forget the subscription plan previously reported by Bloomberg, since AAPL's top and bottom lines remained mostly intact through FY2025, despite the peak recessionary fears.Nonetheless, we have to also admit that investors should wait for a moderate retracement before adding at current levels. That is if one had missed loading up at the recent bottom of $134. There are still some uncertainties in the short term, since the Feds are due to meet by mid-December, with the circumstances still chaotic in Zhengzhou. While its long-term prospects are stellar, we expect to see another bottom retest soon. Especially by the FQ1'23 earnings call, since AAPL may fail to deliver part of its iPhone 14 orders, thereby, missing consensus revenue estimates of $125.85B and EPS of $2.04. Patience for now.","news_type":1},"isVote":1,"tweetType":1,"viewCount":116,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9980452163,"gmtCreate":1665800649652,"gmtModify":1676537666739,"author":{"id":"4094706538255210","authorId":"4094706538255210","name":"DavidHTW","avatar":"https://community-static.tradeup.com/news/f4211692e23623de59a502307acbb4cc","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4094706538255210","authorIdStr":"4094706538255210"},"themes":[],"htmlText":"Well said... totally agree","listText":"Well said... totally agree","text":"Well said... totally agree","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9980452163","repostId":"1107684501","repostType":4,"repost":{"id":"1107684501","pubTimestamp":1665795726,"share":"https://ttm.financial/m/news/1107684501?lang=&edition=fundamental","pubTime":"2022-10-15 09:02","market":"us","language":"en","title":"Apple Stock: Fears Are Overdone, Say These Analysts","url":"https://stock-news.laohu8.com/highlight/detail?id=1107684501","media":"TheStreet","summary":"Amid growing concerns over inflation and an eventual recession, two analysts don’t seem too concerned about Apple stock. Here is why.","content":"<html><head></head><body><p>It is looking uglier by the day. With mounting fears over lingering inflation, rising interest rates that don’t seem to find a ceiling, anddeteriorationin global economic activity, <b>Apple</b> stock has reached 22% lower for the year alongside an equally soft <b>S&amp;P 500</b>.</p><p>However, even ahead of a nail-biting CPI report scheduled for this Thursday and the upcoming calendar Q3 earnings season for tech companies, a couple of analysts have been emphatic: there isn’t too much about AAPL that should worry investors now.</p><p>Below are the arguments recently made by Citi’s Jim Suva and Key Banc’s Brandon Nispel, two analysts that see Apple stock rising to $185 per share, for 34% upside opportunity.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/bc165c978aa2aceb68ae254e7c6cd1ee\" tg-width=\"1240\" tg-height=\"828\" width=\"100%\" height=\"auto\"/><span>Figure 1: Apple Stock: Fears Are Overdone, Say These Analysts</span></p><h2>Apple: delivering the goods</h2><p>Mr. Suva’s leaned on “the full package” that Apple has been this year to explain why he is not concerned about the Cupertino company ahead of earnings season.</p><p>According to him, Apple has hit the nail on the head with the recent iPhone 14 launch. The analyst was particularly optimistic about consumer preference towards the Pro models, which carry a higher price tag – and likely better margins.</p><p>That said, the Citi researcher did not have a particularly differentiated view on the number of iPhone units that he expects Apple to ship in the second half: 90 million. This is a sales figure that other analysts on Wall Street have also projected, and something that would not be substantially better compared to the iPhone 13 last year.</p><p>Mr. Nispel, on the other hand, looked at Apple’s performance from the top down. He started off by noting that big-ticket purchases by US consumers in September exceeded what the historical month-over-month trend would have suggested.</p><p>Based on the analyst’s report, spending increased by 11% from August. This is good news, considering that seasonality tends to be negative heading into the last month of the quarter, according to the researcher.</p><p>These observations bode well for Apple’s hardware sales in the company’s fiscal Q4. KeyBanc sees the number climbing 11% sequentially, roughly three percentage points above consensus.</p><h2>But what about AAPL stock?</h2><p>None of the above should be bad news for Apple stock and its investors – the contrary, if anything. Considering the uncertainty about economic activity and consumers’ spending power heading into the end of 2022, Apple may continue to execute better than most of its peers.</p><p>I wonder, however, how much the company’s financial performance might matter to Apple shares in the near term. I have recently argued that macroeconomic factors, and not the performance of the iPhone 14 or any other of Apple’s products and services, will likely dictate the direction of AAPL in the foreseeable future.</p><p>Therefore, I continue to expect high levels of volatility in AAPL over the next weeks, maybe even a retesting of the 2022 lows. Inflation and the conversations around monetary policy will be the most important variables to keep an eye on, in my opinion.</p><p>That is not to say, however, that the data points presented by the two Wall Street analysts are meaningless. Should Apple continue to deliver the goods, as it has in the past few years, the company’s stock could eventually leap ahead of the S&amp;P 500 again.</p><p>Witnessing and benefitting from this potential outperformance, however, will require some patience from investors.</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>Apple Stock: Fears Are Overdone, Say These Analysts</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\">\nApple Stock: Fears Are Overdone, Say These Analysts\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-15 09:02 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.thestreet.com/apple/news/apple-stock-fears-are-overdone-say-these-analysts><strong>TheStreet</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It is looking uglier by the day. With mounting fears over lingering inflation, rising interest rates that don’t seem to find a ceiling, anddeteriorationin global economic activity, Apple stock has ...</p>\n\n<a href=\"https://www.thestreet.com/apple/news/apple-stock-fears-are-overdone-say-these-analysts\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.thestreet.com/apple/news/apple-stock-fears-are-overdone-say-these-analysts","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1107684501","content_text":"It is looking uglier by the day. With mounting fears over lingering inflation, rising interest rates that don’t seem to find a ceiling, anddeteriorationin global economic activity, Apple stock has reached 22% lower for the year alongside an equally soft S&P 500.However, even ahead of a nail-biting CPI report scheduled for this Thursday and the upcoming calendar Q3 earnings season for tech companies, a couple of analysts have been emphatic: there isn’t too much about AAPL that should worry investors now.Below are the arguments recently made by Citi’s Jim Suva and Key Banc’s Brandon Nispel, two analysts that see Apple stock rising to $185 per share, for 34% upside opportunity.Figure 1: Apple Stock: Fears Are Overdone, Say These AnalystsApple: delivering the goodsMr. Suva’s leaned on “the full package” that Apple has been this year to explain why he is not concerned about the Cupertino company ahead of earnings season.According to him, Apple has hit the nail on the head with the recent iPhone 14 launch. The analyst was particularly optimistic about consumer preference towards the Pro models, which carry a higher price tag – and likely better margins.That said, the Citi researcher did not have a particularly differentiated view on the number of iPhone units that he expects Apple to ship in the second half: 90 million. This is a sales figure that other analysts on Wall Street have also projected, and something that would not be substantially better compared to the iPhone 13 last year.Mr. Nispel, on the other hand, looked at Apple’s performance from the top down. He started off by noting that big-ticket purchases by US consumers in September exceeded what the historical month-over-month trend would have suggested.Based on the analyst’s report, spending increased by 11% from August. This is good news, considering that seasonality tends to be negative heading into the last month of the quarter, according to the researcher.These observations bode well for Apple’s hardware sales in the company’s fiscal Q4. KeyBanc sees the number climbing 11% sequentially, roughly three percentage points above consensus.But what about AAPL stock?None of the above should be bad news for Apple stock and its investors – the contrary, if anything. Considering the uncertainty about economic activity and consumers’ spending power heading into the end of 2022, Apple may continue to execute better than most of its peers.I wonder, however, how much the company’s financial performance might matter to Apple shares in the near term. I have recently argued that macroeconomic factors, and not the performance of the iPhone 14 or any other of Apple’s products and services, will likely dictate the direction of AAPL in the foreseeable future.Therefore, I continue to expect high levels of volatility in AAPL over the next weeks, maybe even a retesting of the 2022 lows. Inflation and the conversations around monetary policy will be the most important variables to keep an eye on, in my opinion.That is not to say, however, that the data points presented by the two Wall Street analysts are meaningless. Should Apple continue to deliver the goods, as it has in the past few years, the company’s stock could eventually leap ahead of the S&P 500 again.Witnessing and benefitting from this potential outperformance, however, will require some patience from investors.","news_type":1},"isVote":1,"tweetType":1,"viewCount":33,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9006784151,"gmtCreate":1641853706650,"gmtModify":1676533653366,"author":{"id":"4094706538255210","authorId":"4094706538255210","name":"DavidHTW","avatar":"https://community-static.tradeup.com/news/f4211692e23623de59a502307acbb4cc","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4094706538255210","authorIdStr":"4094706538255210"},"themes":[],"htmlText":"Nonono","listText":"Nonono","text":"Nonono","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9006784151","repostId":"1173383930","repostType":4,"repost":{"id":"1173383930","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":1641828185,"share":"https://ttm.financial/m/news/1173383930?lang=&edition=fundamental","pubTime":"2022-01-10 23:23","market":"us","language":"en","title":"Nasdaq falls 2%, Dow drops 500 points as Wall Street extends rough start for 2022","url":"https://stock-news.laohu8.com/highlight/detail?id=1173383930","media":"Tiger Newspress","summary":"U.S. stocks fell Monday morning, extending a rocky start to 2022 for equity markets as interest rate","content":"<html><head></head><body><p>U.S. stocks fell Monday morning, extending a rocky start to 2022 for equity markets as interest rates rise.</p><p>TheDow Jones Industrial Average dropped 518 points, or 1.4%. The S&amp;P 500 shed 1.8% and the Nasdaq Composite slid 2.4%.</p><p><img src=\"https://static.tigerbbs.com/3271886bd069566f888a2ed6fdbf7524\" tg-width=\"955\" tg-height=\"233\" width=\"100%\" height=\"auto\"/></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>Nasdaq falls 2%, Dow drops 500 points as Wall Street extends rough start for 2022</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\">\nNasdaq falls 2%, Dow drops 500 points as Wall Street extends rough start for 2022\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\">2022-01-10 23:23</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>U.S. stocks fell Monday morning, extending a rocky start to 2022 for equity markets as interest rates rise.</p><p>TheDow Jones Industrial Average dropped 518 points, or 1.4%. The S&amp;P 500 shed 1.8% and the Nasdaq Composite slid 2.4%.</p><p><img src=\"https://static.tigerbbs.com/3271886bd069566f888a2ed6fdbf7524\" tg-width=\"955\" tg-height=\"233\" width=\"100%\" height=\"auto\"/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1173383930","content_text":"U.S. stocks fell Monday morning, extending a rocky start to 2022 for equity markets as interest rates rise.TheDow Jones Industrial Average dropped 518 points, or 1.4%. The S&P 500 shed 1.8% and the Nasdaq Composite slid 2.4%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":353,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9008771597,"gmtCreate":1641538941037,"gmtModify":1676533626942,"author":{"id":"4094706538255210","authorId":"4094706538255210","name":"DavidHTW","avatar":"https://community-static.tradeup.com/news/f4211692e23623de59a502307acbb4cc","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4094706538255210","authorIdStr":"4094706538255210"},"themes":[],"htmlText":"Palantir… good buy","listText":"Palantir… good buy","text":"Palantir… good buy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9008771597","repostId":"1122167391","repostType":4,"repost":{"id":"1122167391","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":1641525994,"share":"https://ttm.financial/m/news/1122167391?lang=&edition=fundamental","pubTime":"2022-01-07 11:26","market":"us","language":"en","title":"Cathie Wood Sells Another $4.9M In Tesla Stock On Thursday — Here's What She Bought Instead","url":"https://stock-news.laohu8.com/highlight/detail?id=1122167391","media":"Benzinga","summary":"Cathie Wood’s Ark Investment Management on Thursday booked more profit in Tesla Inc, selling 4,620 s","content":"<html><head></head><body><p><b>Cathie Wood</b>’s <b>Ark Investment Management</b> on Thursday booked more profit in <b>Tesla Inc</b>, selling 4,620 shares — estimated to be worth $4.9 million based on the latest closing price — in the electric vehicle maker.</p><p>The <b>Elon Musk</b>-led company’s stock closed 2.15% lower at $1,064.7 a share on Thursday.</p><p>Tesla stock posted significant gains on Monday as it reported fourth-quarter delivery volumes that far surpassed expectations; the gains have been since erased. The electric vehicle maker’s shares had advanced about 50% in 2021 and are down 11.3% for the year so far.</p><p>Ark Invest owns shares in Tesla via three of its exchange-traded funds — the <b>Ark Innovation ETF</b>, the <b>Ark Autonomous Technology &amp; Robotics ETF</b> and the <b>Ark Next Generation Internet ETF</b>.</p><p>The three ETFs held about 1.61 million shares worth $1.75 billion in Tesla, prior to Thursday’s trade.</p><p>Tesla on Sunday smashed fourth-quarter delivery records, posting its biggest quarterly and full-year delivery volume.</p><p>Wood, who founded Ark Invest, is a Tesla bull and has set a $3,000 price target for the electric vehicle stock for 2025.</p><p>The St. Petersburg, Florida-based Ark has also been recently loading up shares in the U.S.-listed Chinese electric vehicle maker <b>Xpeng Inc</b>.</p><p>Here are some other key Ark Invest trades from Thursday:</p><ul><li>Bought 430,339 shares — estimated to be worth $7.2 million — in <b>Palantir Technologies Inc</b>. The stock closed 1.3% lower at $16.7 a share on Tuesday.</li><li>Sold 46,973 shares — estimated to be worth $3.13 million — in <b>JD.com Inc</b>. The stock closed 6% higher at $66.8 a share.</li></ul><p></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 Sells Another $4.9M In Tesla Stock On Thursday — Here's What She Bought Instead</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 Sells Another $4.9M In Tesla Stock On Thursday — Here's What She Bought Instead\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\">2022-01-07 11:26</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p><b>Cathie Wood</b>’s <b>Ark Investment Management</b> on Thursday booked more profit in <b>Tesla Inc</b>, selling 4,620 shares — estimated to be worth $4.9 million based on the latest closing price — in the electric vehicle maker.</p><p>The <b>Elon Musk</b>-led company’s stock closed 2.15% lower at $1,064.7 a share on Thursday.</p><p>Tesla stock posted significant gains on Monday as it reported fourth-quarter delivery volumes that far surpassed expectations; the gains have been since erased. The electric vehicle maker’s shares had advanced about 50% in 2021 and are down 11.3% for the year so far.</p><p>Ark Invest owns shares in Tesla via three of its exchange-traded funds — the <b>Ark Innovation ETF</b>, the <b>Ark Autonomous Technology &amp; Robotics ETF</b> and the <b>Ark Next Generation Internet ETF</b>.</p><p>The three ETFs held about 1.61 million shares worth $1.75 billion in Tesla, prior to Thursday’s trade.</p><p>Tesla on Sunday smashed fourth-quarter delivery records, posting its biggest quarterly and full-year delivery volume.</p><p>Wood, who founded Ark Invest, is a Tesla bull and has set a $3,000 price target for the electric vehicle stock for 2025.</p><p>The St. Petersburg, Florida-based Ark has also been recently loading up shares in the U.S.-listed Chinese electric vehicle maker <b>Xpeng Inc</b>.</p><p>Here are some other key Ark Invest trades from Thursday:</p><ul><li>Bought 430,339 shares — estimated to be worth $7.2 million — in <b>Palantir Technologies Inc</b>. The stock closed 1.3% lower at $16.7 a share on Tuesday.</li><li>Sold 46,973 shares — estimated to be worth $3.13 million — in <b>JD.com Inc</b>. The stock closed 6% higher at $66.8 a share.</li></ul><p></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ARKQ":"ARK Autonomous Technology & Robotics ETF","TSLA":"特斯拉","ARKW":"ARK Next Generation Internation ETF","XPEV":"小鹏汽车","JD":"京东","PLTR":"Palantir Technologies Inc.","ARKK":"ARK Innovation ETF"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1122167391","content_text":"Cathie Wood’s Ark Investment Management on Thursday booked more profit in Tesla Inc, selling 4,620 shares — estimated to be worth $4.9 million based on the latest closing price — in the electric vehicle maker.The Elon Musk-led company’s stock closed 2.15% lower at $1,064.7 a share on Thursday.Tesla stock posted significant gains on Monday as it reported fourth-quarter delivery volumes that far surpassed expectations; the gains have been since erased. The electric vehicle maker’s shares had advanced about 50% in 2021 and are down 11.3% for the year so far.Ark Invest owns shares in Tesla via three of its exchange-traded funds — the Ark Innovation ETF, the Ark Autonomous Technology & Robotics ETF and the Ark Next Generation Internet ETF.The three ETFs held about 1.61 million shares worth $1.75 billion in Tesla, prior to Thursday’s trade.Tesla on Sunday smashed fourth-quarter delivery records, posting its biggest quarterly and full-year delivery volume.Wood, who founded Ark Invest, is a Tesla bull and has set a $3,000 price target for the electric vehicle stock for 2025.The St. Petersburg, Florida-based Ark has also been recently loading up shares in the U.S.-listed Chinese electric vehicle maker Xpeng Inc.Here are some other key Ark Invest trades from Thursday:Bought 430,339 shares — estimated to be worth $7.2 million — in Palantir Technologies Inc. The stock closed 1.3% lower at $16.7 a share on Tuesday.Sold 46,973 shares — estimated to be worth $3.13 million — in JD.com Inc. The stock closed 6% higher at $66.8 a share.","news_type":1},"isVote":1,"tweetType":1,"viewCount":430,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9941195043,"gmtCreate":1680018515182,"gmtModify":1680018519023,"author":{"id":"4094706538255210","authorId":"4094706538255210","name":"DavidHTW","avatar":"https://community-static.tradeup.com/news/f4211692e23623de59a502307acbb4cc","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4094706538255210","authorIdStr":"4094706538255210"},"themes":[],"htmlText":"Wow!!! Caution","listText":"Wow!!! Caution","text":"Wow!!! Caution","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9941195043","repostId":"1153808637","repostType":4,"repost":{"id":"1153808637","pubTimestamp":1680015386,"share":"https://ttm.financial/m/news/1153808637?lang=&edition=fundamental","pubTime":"2023-03-28 22:56","market":"hk","language":"en","title":"NIO: Likely Found A New Bottom - FY2023 Projections Still More Than Decent","url":"https://stock-news.laohu8.com/highlight/detail?id=1153808637","media":"Seekingalpha","summary":"SummaryNIO has chosen to stick with its premium branding, opting to refrain from the ongoing price w","content":"<html><head></head><body><h3>Summary</h3><ul><li>NIO has chosen to stick with its premium branding, opting to refrain from the ongoing price wars and staying with its pricing approach.</li><li>However, it is uncertain how successful this strategy may be in attracting consumer demand and sales growth due to the end of EV subsidies and cut-throat competition.</li><li>Combined with NIO&#39;s compressed margins over the next two quarters, the stock may retrace to the March bottom in the intermediate term.</li><li>However, given the CEO&#39;s confidence in achieving FY2023 sales/margin targets, we reckon interested investors may still add the stock at the recent bottom of $8.</li></ul><p>We previously covered NIO Inc. (NYSE:NIO) here, focusing on its rapid expansion in China and the EU through houses/spaces (akin to clubhouses/showrooms), on top of the expansion in its EV model line-ups. This strategy had naturally impacted its gross margins and increased its operating expenses, triggering headwinds to its profitability. However, with the normalization of supply chains and management&#39;s ambitious guidance, we believe we might see the company deliver improved numbers in 2023.</p><p>In this article, we shall discuss NIO&#39;s performance in the recent FQ4&#39;22 earnings call on March 01, 2023. Its deliveries seemed to have decelerated YTD, likely attributed to the intensifying price war in China. The company also reported lower vehicle gross margins, potentially worsening its cash burn and impacting its balance sheet moving forward. Nonetheless, given the CEO&#39;s confidence in achieving FY2023 sales target of 250K EVs, we reckon interested investors may still add the stock at opportunistic levels.</p><h3>The EV Competition Is Only Intensifying</h3><p>NIO had decided not to engage in price wars, as highlighted in its recent FQ4&#39;22 earnings call. However, the company continued to face headwinds in China, attributed to the drastic price cuts initiated by Tesla (TSLA) and followed by XPeng (XPEV) and BYD (OTCPK:BYDDF) thus far.</p><p>While some analysts might have posited that the effects of TSLA&#39;s price cuts had waned in China, the fact of the matter was the company still delivered 33.92K of domestic retail sales in February 2023, expanding by +26.3% from January levels of 26.84K units (-35.9% MoM).</p><p>Unfortunately, the same could not be said about NIO&#39;s deliveries in the first two months of the year. The company delivered 12.15K (+42.9% MoM) of vehicles in February 2023 and 8.5K (-46.2% MoM) in January. The sum amounted to a slower YTD increase of +30.9% YoY, compared to TSLA&#39;s +42.8% YoY and BYD&#39;s +80.8% YoY at 161.96K YTD.</p><p>Part of the decline might also be attributed to the end of the Chinese government&#39;s subsidy and the intensifying competition from various domestic automakers, where there had been nearly 250 models of BEVs by November 2022.</p><p>Demand appeared to be weak in the EU as well, with NIO expecting to only deliver 10K units in FY2023, suggesting underwhelming investment returns in the region. This was attributed to the continuous capital expenditure, such as NIO houses and swap stations in multiple European cities.</p><p>Therefore, the company likely faces more cash burn ahead, due to its compressed margins. The company reported unsatisfactory vehicle margins of 6.8% in FQ4&#39;22, compared to 16.4% in FQ3&#39;22 and 20.9% in FQ4&#39;21. Even after adjusting for the inventory provisions and losses on purchase commitments, the number was still at 13.5% for the latest quarter, suggesting a headwind of -2.9 points QoQ and -7.4 points YoY.</p><p>In the meantime, NIO&#39;s transition to its NT 2.0 platform (next-generational models with improved autonomous driving systems, expanded mileage, and premium pricing strategy) also contributed to the temporarily declining margins.</p><p>In addition, the company recorded a sustained increase in operating expenses by +35.4% QoQ/63.4% YoY to $1.06B in FQ4&#39;22, or expanding by +69.1% YoY to $3.01B for the fiscal year. Given that it only reported a top-line expansion of +25.6% YoY, the cash burn was felt indeed, significantly worsened by the projected deceleration in domestic demand at +30% YoY in 2023, against the +114% reported in 2022.</p><p>Nonetheless, there may be some tailwinds for recovery in NIO&#39;s vehicle margins to 20% by FQ4&#39;23 and 25% in the long term, as highlighted by the management. This is attributed to the higher-margin NT 2.0 models (ES8, ES6, EC6) set for deliveries from FQ2&#39;23 onwards. It also expects lithium prices to decline by -66.5% to RMB 200K by the end of the year, due to the increasing supply globally.</p><p>The CEO still confidently guided for FY2023 total deliveries of up to 250K vehicles recently as well, potentially growing by +104.2% YoY. With the company electing to keep its prices stable and branding premium (with no plans to release lower-priced models), we reckon these may translate to improved margins moving forward, as highlighted by William Li, CEO of NIO, in the recent earnings call:</p><p>For the NIO brand, we do not have any plan to cut the features and functions of product. And I think that, this is consistent of branding and the pricing strategy because of low pricing is not a part of the strategy or the DNA of the new brand. (Seeking Alpha)</p><p>Meanwhile, we understand the market pessimism since its premium branding may work against the waning consumer demand, as the market leaders continue to offer discounts and introduce lower-priced models.</p><p>The same has been observed with Lucid Group (LCID), preferring to compete with long-established legacy players, such as Mercedes Benz (OTCPK:MBGAF, OTCPK:MBGYY) and BMW (OTCPK:BAMXF). While the wealthy may have expanded discretionary spending, delivery numbers have been limited indeed, with the S-Class comprising only 4.4%/15.92K of MBGAF&#39;s 2.05M global deliveries in 2022.</p><p>As a result, it seems NIO&#39;s decision only targets an overly niche segment, potentially alienating the average consumer, especially worsened by the gap between its prices and competitors. On top of that, XPEV&#39;s CEO highlighted that the price war may continue in the near term.</p><p>BYD has also strategically introduced lower-priced vehicles at an average of RMB 150K in 2022, compared to TSLA at RMB 330K and NIO at RMB 400K. Only time may tell how long NIO decides to stick with this premium approach, since BYD&#39;s strategic choice has proved to be a boon to domestic sales growth and consumer demand.</p><p><img src=\"https://static.tigerbbs.com/9e3c28835b5f430511e4b9a699379c59\" tg-width=\"684\" tg-height=\"500\" width=\"100%\" height=\"auto\"/>We believe it is due to the above mentioned factors that the previous November and December 2022 bottom around the $9s have been breached as of early March 2023. With the NIO stock unable to break through the $9 resistance level last week, we reckon there may be more volatility in the short term.</p><p>Therefore, while the stock trades very attractively below its 50-day moving averages, anyone looking to dollar cost average here must proceed with caution.</p><p>NIO is still not expected to record break-even cash flow in the near term, with market analysts projecting positive Free Cash Flow generation only by FY2025 and GAAP profitability by FY2026. While the company still boasts $5.66B in cash/short-term investments by the latest quarter, the cash burn has been obvious, due to the notable declines in its balance sheet by -10% QoQ and -31.3% YoY.</p><p>While we are cautiously optimistic that the company may achieve its FY2023 deliveries and profit margins, we reckon the stock may potentially retrace to the March 2023 bottom of roughly $8 in the short term, due to the uncertain macroeconomic outlook. Investors looking to add NIO may consider adding there, for an improved margin of safety.</p><p>Editor&#39;s Note: This article discusses one or more securities that do not trade on a major U.S. exchange. Please be aware of the risks associated with these stocks.</p></body></html>","source":"seekingalpha","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>NIO: Likely Found A New Bottom - FY2023 Projections Still More Than Decent</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\">\nNIO: Likely Found A New Bottom - FY2023 Projections Still More Than Decent\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-28 22:56 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4590601-nio-likely-found-a-new-bottom-fy2023-projections-decent><strong>Seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryNIO has chosen to stick with its premium branding, opting to refrain from the ongoing price wars and staying with its pricing approach.However, it is uncertain how successful this strategy may ...</p>\n\n<a href=\"https://seekingalpha.com/article/4590601-nio-likely-found-a-new-bottom-fy2023-projections-decent\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来","09866":"蔚来-SW","NIO.SI":"蔚来"},"source_url":"https://seekingalpha.com/article/4590601-nio-likely-found-a-new-bottom-fy2023-projections-decent","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1153808637","content_text":"SummaryNIO has chosen to stick with its premium branding, opting to refrain from the ongoing price wars and staying with its pricing approach.However, it is uncertain how successful this strategy may be in attracting consumer demand and sales growth due to the end of EV subsidies and cut-throat competition.Combined with NIO's compressed margins over the next two quarters, the stock may retrace to the March bottom in the intermediate term.However, given the CEO's confidence in achieving FY2023 sales/margin targets, we reckon interested investors may still add the stock at the recent bottom of $8.We previously covered NIO Inc. (NYSE:NIO) here, focusing on its rapid expansion in China and the EU through houses/spaces (akin to clubhouses/showrooms), on top of the expansion in its EV model line-ups. This strategy had naturally impacted its gross margins and increased its operating expenses, triggering headwinds to its profitability. However, with the normalization of supply chains and management's ambitious guidance, we believe we might see the company deliver improved numbers in 2023.In this article, we shall discuss NIO's performance in the recent FQ4'22 earnings call on March 01, 2023. Its deliveries seemed to have decelerated YTD, likely attributed to the intensifying price war in China. The company also reported lower vehicle gross margins, potentially worsening its cash burn and impacting its balance sheet moving forward. Nonetheless, given the CEO's confidence in achieving FY2023 sales target of 250K EVs, we reckon interested investors may still add the stock at opportunistic levels.The EV Competition Is Only IntensifyingNIO had decided not to engage in price wars, as highlighted in its recent FQ4'22 earnings call. However, the company continued to face headwinds in China, attributed to the drastic price cuts initiated by Tesla (TSLA) and followed by XPeng (XPEV) and BYD (OTCPK:BYDDF) thus far.While some analysts might have posited that the effects of TSLA's price cuts had waned in China, the fact of the matter was the company still delivered 33.92K of domestic retail sales in February 2023, expanding by +26.3% from January levels of 26.84K units (-35.9% MoM).Unfortunately, the same could not be said about NIO's deliveries in the first two months of the year. The company delivered 12.15K (+42.9% MoM) of vehicles in February 2023 and 8.5K (-46.2% MoM) in January. The sum amounted to a slower YTD increase of +30.9% YoY, compared to TSLA's +42.8% YoY and BYD's +80.8% YoY at 161.96K YTD.Part of the decline might also be attributed to the end of the Chinese government's subsidy and the intensifying competition from various domestic automakers, where there had been nearly 250 models of BEVs by November 2022.Demand appeared to be weak in the EU as well, with NIO expecting to only deliver 10K units in FY2023, suggesting underwhelming investment returns in the region. This was attributed to the continuous capital expenditure, such as NIO houses and swap stations in multiple European cities.Therefore, the company likely faces more cash burn ahead, due to its compressed margins. The company reported unsatisfactory vehicle margins of 6.8% in FQ4'22, compared to 16.4% in FQ3'22 and 20.9% in FQ4'21. Even after adjusting for the inventory provisions and losses on purchase commitments, the number was still at 13.5% for the latest quarter, suggesting a headwind of -2.9 points QoQ and -7.4 points YoY.In the meantime, NIO's transition to its NT 2.0 platform (next-generational models with improved autonomous driving systems, expanded mileage, and premium pricing strategy) also contributed to the temporarily declining margins.In addition, the company recorded a sustained increase in operating expenses by +35.4% QoQ/63.4% YoY to $1.06B in FQ4'22, or expanding by +69.1% YoY to $3.01B for the fiscal year. Given that it only reported a top-line expansion of +25.6% YoY, the cash burn was felt indeed, significantly worsened by the projected deceleration in domestic demand at +30% YoY in 2023, against the +114% reported in 2022.Nonetheless, there may be some tailwinds for recovery in NIO's vehicle margins to 20% by FQ4'23 and 25% in the long term, as highlighted by the management. This is attributed to the higher-margin NT 2.0 models (ES8, ES6, EC6) set for deliveries from FQ2'23 onwards. It also expects lithium prices to decline by -66.5% to RMB 200K by the end of the year, due to the increasing supply globally.The CEO still confidently guided for FY2023 total deliveries of up to 250K vehicles recently as well, potentially growing by +104.2% YoY. With the company electing to keep its prices stable and branding premium (with no plans to release lower-priced models), we reckon these may translate to improved margins moving forward, as highlighted by William Li, CEO of NIO, in the recent earnings call:For the NIO brand, we do not have any plan to cut the features and functions of product. And I think that, this is consistent of branding and the pricing strategy because of low pricing is not a part of the strategy or the DNA of the new brand. (Seeking Alpha)Meanwhile, we understand the market pessimism since its premium branding may work against the waning consumer demand, as the market leaders continue to offer discounts and introduce lower-priced models.The same has been observed with Lucid Group (LCID), preferring to compete with long-established legacy players, such as Mercedes Benz (OTCPK:MBGAF, OTCPK:MBGYY) and BMW (OTCPK:BAMXF). While the wealthy may have expanded discretionary spending, delivery numbers have been limited indeed, with the S-Class comprising only 4.4%/15.92K of MBGAF's 2.05M global deliveries in 2022.As a result, it seems NIO's decision only targets an overly niche segment, potentially alienating the average consumer, especially worsened by the gap between its prices and competitors. On top of that, XPEV's CEO highlighted that the price war may continue in the near term.BYD has also strategically introduced lower-priced vehicles at an average of RMB 150K in 2022, compared to TSLA at RMB 330K and NIO at RMB 400K. Only time may tell how long NIO decides to stick with this premium approach, since BYD's strategic choice has proved to be a boon to domestic sales growth and consumer demand.We believe it is due to the above mentioned factors that the previous November and December 2022 bottom around the $9s have been breached as of early March 2023. With the NIO stock unable to break through the $9 resistance level last week, we reckon there may be more volatility in the short term.Therefore, while the stock trades very attractively below its 50-day moving averages, anyone looking to dollar cost average here must proceed with caution.NIO is still not expected to record break-even cash flow in the near term, with market analysts projecting positive Free Cash Flow generation only by FY2025 and GAAP profitability by FY2026. While the company still boasts $5.66B in cash/short-term investments by the latest quarter, the cash burn has been obvious, due to the notable declines in its balance sheet by -10% QoQ and -31.3% YoY.While we are cautiously optimistic that the company may achieve its FY2023 deliveries and profit margins, we reckon the stock may potentially retrace to the March 2023 bottom of roughly $8 in the short term, due to the uncertain macroeconomic outlook. Investors looking to add NIO may consider adding there, for an improved margin of safety.Editor's Note: This article discusses one or more securities that do not trade on a major U.S. exchange. Please be aware of the risks associated with these stocks.","news_type":1},"isVote":1,"tweetType":1,"viewCount":278,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9970379643,"gmtCreate":1684080582982,"gmtModify":1684080586777,"author":{"id":"4094706538255210","authorId":"4094706538255210","name":"DavidHTW","avatar":"https://community-static.tradeup.com/news/f4211692e23623de59a502307acbb4cc","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4094706538255210","authorIdStr":"4094706538255210"},"themes":[],"htmlText":"Thanks for the heads up","listText":"Thanks for the heads up","text":"Thanks for the heads up","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9970379643","repostId":"2335202640","repostType":4,"repost":{"id":"2335202640","pubTimestamp":1684029371,"share":"https://ttm.financial/m/news/2335202640?lang=&edition=fundamental","pubTime":"2023-05-14 09:56","market":"hk","language":"en","title":"Nio Stock: Sell in May and Stay Away","url":"https://stock-news.laohu8.com/highlight/detail?id=2335202640","media":"InvestorPlace","summary":"Nio (NIO) refuses to reduce the price of its vehicles, which could turn out to be a big mistake.Furt","content":"<html><head></head><body><ul><li><p><strong>Nio</strong> (<strong>NIO</strong>) refuses to reduce the price of its vehicles, which could turn out to be a big mistake.</p></li><li><p>Furthermore, Nio’s April delivery numbers indicate slowing growth.</p></li><li><p>Investors shouldn’t buy NIO stock in May, and might even consider selling it.</p></li></ul><p>At first glance, China-based electric vehicle (EV) manufacturer <strong>Nio’s</strong> (NYSE: <strong>NIO</strong>) April delivery data might seem positive. Yet, it’s essential to dig into the numbers and put them in context before you think about buying NIO stock. Moreover, Nio’s stubborn refusal to budge on the issue of vehicle price cuts is probably a huge mistake.</p><p>Along with the company’s other issues and obstacles, Nio has to deal with fierce competition from rival EV maker <strong>Tesla</strong> (NASDAQ: <strong>TSLA</strong>). This task will only be more difficult if Nio’s management isn’t flexible in its business strategy.</p><p>As Nio stays the course with a questionable business strategy, the automaker’s stakeholders might consider bailing. Otherwise, they could end up underwater on their investment in Nio during the month of May.</p><h2>Nio Won’t Slash Its EV Prices</h2><p>It’s no secret that the global economy isn’t running on all cylinders. Supply chain constraints, geopolitical tensions, sticky inflation, and recession anxiety continue to impact the fragile balance of supply and demand in the EV market.</p><p>Tesla responded to these issues with a well-documented series of price cuts. You may or may not like Tesla, but it’s hard to deny that lowering EV prices should make the company more competitive.</p><p>In stark contrast to Tesla, Nio CEO William Li declared, “For us, we will certainly not join the price war.” Li justified this statement by claiming that Nio’s EVs “are superior to the Model 3 and Model Y in terms of design, technology and performance.”</p><p>Tesla has many fans around the world, and they would very likely disagree with Li’s declaration of Nio’s superiority. Furthermore, Li just doesn’t seem to want to cater to value-seeking customers’ needs. Reportedly, Li asserted that Tesla’s “price reductions lower the EVs’ residual value. Such actions … are simply detrimental to customers.”</p><h2>NIO Stock Falls After Release of Delivery Numbers</h2><p>Financial traders watch closely for Nio’s vehicle delivery numbers, which are typically released on a monthly basis. As it turned out, Nio delivered 10,378 vehicles in March. Did the automaker show improvement in April, though?</p><p>Nio tried to spin its April delivery data as positive, but investors should look at the bigger picture. The company emphasized that its April EV deliveries rose 31.2% year over year. That’s not the whole story, though, as Nio’s 6,658 deliveries for April indicated a sharp slowdown compared to the deliveries in March.</p><p>Notably, NIO stock fell after Nio issued the press release. This is a clear sign that investors weren’t too impressed with the company’s results, as they surely discerned an alarming trend in the delivery data.</p><h2>NIO Stock Is a Sell in May</h2><p>It’s understandable if Nio’s investors insisted that Li should be more responsive and flexible concerning vehicle price reductions. There’s no clear indication, though, that the CEO will actually back down from his policy on price cuts.</p><p>Meanwhile, traders should be wary of Nio’s attempt to put a positive spin on its EV delivery data. So, at the end of the day, it’s wise to steer clear of NIO stock in May.</p></body></html>","source":"investorplace","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>Nio Stock: Sell in May and Stay Away</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\">\nNio Stock: Sell in May and Stay Away\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-05-14 09:56 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2023/05/nio-stock-sell-in-may-and-stay-away/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Nio (NIO) refuses to reduce the price of its vehicles, which could turn out to be a big mistake.Furthermore, Nio’s April delivery numbers indicate slowing growth.Investors shouldn’t buy NIO stock in ...</p>\n\n<a href=\"https://investorplace.com/2023/05/nio-stock-sell-in-may-and-stay-away/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09866":"蔚来-SW","NIO.SI":"蔚来","NIO":"蔚来"},"source_url":"https://investorplace.com/2023/05/nio-stock-sell-in-may-and-stay-away/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2335202640","content_text":"Nio (NIO) refuses to reduce the price of its vehicles, which could turn out to be a big mistake.Furthermore, Nio’s April delivery numbers indicate slowing growth.Investors shouldn’t buy NIO stock in May, and might even consider selling it.At first glance, China-based electric vehicle (EV) manufacturer Nio’s (NYSE: NIO) April delivery data might seem positive. Yet, it’s essential to dig into the numbers and put them in context before you think about buying NIO stock. Moreover, Nio’s stubborn refusal to budge on the issue of vehicle price cuts is probably a huge mistake.Along with the company’s other issues and obstacles, Nio has to deal with fierce competition from rival EV maker Tesla (NASDAQ: TSLA). This task will only be more difficult if Nio’s management isn’t flexible in its business strategy.As Nio stays the course with a questionable business strategy, the automaker’s stakeholders might consider bailing. Otherwise, they could end up underwater on their investment in Nio during the month of May.Nio Won’t Slash Its EV PricesIt’s no secret that the global economy isn’t running on all cylinders. Supply chain constraints, geopolitical tensions, sticky inflation, and recession anxiety continue to impact the fragile balance of supply and demand in the EV market.Tesla responded to these issues with a well-documented series of price cuts. You may or may not like Tesla, but it’s hard to deny that lowering EV prices should make the company more competitive.In stark contrast to Tesla, Nio CEO William Li declared, “For us, we will certainly not join the price war.” Li justified this statement by claiming that Nio’s EVs “are superior to the Model 3 and Model Y in terms of design, technology and performance.”Tesla has many fans around the world, and they would very likely disagree with Li’s declaration of Nio’s superiority. Furthermore, Li just doesn’t seem to want to cater to value-seeking customers’ needs. Reportedly, Li asserted that Tesla’s “price reductions lower the EVs’ residual value. Such actions … are simply detrimental to customers.”NIO Stock Falls After Release of Delivery NumbersFinancial traders watch closely for Nio’s vehicle delivery numbers, which are typically released on a monthly basis. As it turned out, Nio delivered 10,378 vehicles in March. Did the automaker show improvement in April, though?Nio tried to spin its April delivery data as positive, but investors should look at the bigger picture. The company emphasized that its April EV deliveries rose 31.2% year over year. That’s not the whole story, though, as Nio’s 6,658 deliveries for April indicated a sharp slowdown compared to the deliveries in March.Notably, NIO stock fell after Nio issued the press release. This is a clear sign that investors weren’t too impressed with the company’s results, as they surely discerned an alarming trend in the delivery data.NIO Stock Is a Sell in MayIt’s understandable if Nio’s investors insisted that Li should be more responsive and flexible concerning vehicle price reductions. There’s no clear indication, though, that the CEO will actually back down from his policy on price cuts.Meanwhile, traders should be wary of Nio’s attempt to put a positive spin on its EV delivery data. So, at the end of the day, it’s wise to steer clear of NIO stock in May.","news_type":1},"isVote":1,"tweetType":1,"viewCount":318,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}