Important thing about biz is, are they profitable. For me, as long as they are profitable are better than they are not even it is less than last few years. Analysts should base on biz environment and circumstances of the market to forecast their earning and not base on last year's profit to forecast. It is because, every year, the world facing a new challenge that are different from the last. No companies can make profit higher than the previous. I won't bet on short as I believed that Elon Musk is a different breed, just like any other entrepreneurs.
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There are alot of people wrote that pltr is over value when it was $8, some even said it is worth only $5, now it is $29 and above. Everytime when SA wrote some counters they always said there are 10 better counters with better values. So most of the time, they are not so right. Invest in counters if you have extra in the bank acc. Stock market is not for weak hand. So read and then do your own DD. Will it be worth $5, maybe maybe not. At the end of the day is how the management manage the company... Every company will want there company to growth. They just have to have someone managing it to be creative and innovative.. Happy investing..
My take, whether Tesla is top in producing and sell more EV, importantly, it is still top 5 in EV market and solely only EV. Also the company still make good profit compared to most, 8f not the top and is growing. Xhina has population of 1.3 bil. Compare to the rest of the world, Elon still can reach out to the at least 5bil population exclude China.
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At the end of the day, after price cut, does Tesla still profit from the manufacturing cost to produce each vehicles after all the necessary cost, e.g, shipping, labour, operation, etc. If Tesla still making money, isn't that the most important point. As production move forward, means the more they can produced, the more profit they will accumulate. As long as, every car they sell and make a profit and not losing money, that will be great. Cutting prices, as long as, it don't hurt bottom line.
Why analysts and commentators keep talking about how many cars delivered? We should talk about lesser car delivered but profit are above expectation and the more cars they delivered the more profit they make. If price cut, will they still beable to make more profit? That is what all investors or punters or analysts want to invest in a company. What is the point of delivered more and yet still. Lost money??
Tesla Deliveries Face One Big Question: Did Price Cuts Work?
Why bother about those analysts report. Why do they like to breakdown the revenue of iPhone, imac, tablets, etc. They should look at the whole company whether making money or not. Isn't that the bottom line. Some just want to take an excuse to short, not only apple but any other company that make money.
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Some said is overvalued. Well, I think some will take Tesla to court for making investors into believing they actually producing 4000 of Y, just like making dodgecoin case. Some will used twitter as a tool to deminished Musk so they can short Tesla. Shortist will come out with things to stop Tesla shares from going North. All these people, I hope Musk will give them a good time in shorting his baby, Tesla. We see the next few days Tesla shot thru the roof of $258..bear, sit tight with a box of pop corn, see how Tesla pop up.
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He never mentioned other biz that are at the moment under Tesla. Solar penal, rockets, etc. Elon said looking at how to move Tesla into a $10 tril company. I just want to see it move to a $3 tril, I will be happy. If he said $10 tril, I think he will beable to do $3tril. That is about $900 a share... If you have the money buy and hold.
Those said might faced problems is because they are at mid to lower level od the $200 mark. By saying that make market who have shares in hand to sell. So they can either cut less lost or make some profit. They know Elon will come out something to boost his child, Tesla. Most people know what he is capable of. From down to near to $100, see what he had done to bring back to near $200 level. I believed a lot of shortist lost huge during that period.. Good luck, shortist.. The longs have nothing to lose at most shares go to zero.
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I think Musk will do good for twitter. I won't write him off his managing twitter, just like all the other companies he dealt with and still doing a good job. The former founders just not happy with him and want to see him lost money in twitter. Sit tight and watch how he bring twitter to the next level better than how the former handle.
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Make money all keep quiet. Lost money look for scapegoats.. What kind of investors are all this. Cannot afford don't invest or trade. If the court award then all people who bought equities and lose money should seek for compensation. Governments and regulatory bodies already warned when investing crytocurrency.. Should make the them. Pay for court time..
Without him no Tesla. He built the company from scraped. Do you all think he will abandon it? He built it to what it is today, I felt is very fare that he being paid for his effort. Especially for 5yrs he was paid nothing. Now only given as stock not cash... So don't create issues..
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If for me, I will speed up the class van the customer that order 6000 of it. With that, can generate profit at the same time profit can go to R&D, so no time wasted. And other class EV that other customers' (distributors) had placed orders for customers. Or else the $110 will just seat there and wasted.
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Shortist taking an excuse to sell down. Making those with weak hands to push the px down further. See no reason since the results is so healthy. Even with price cut still make decent profit in this difficult time. I think it will move north after afew days of short sell..
Tesla Beats on Earnings, but Price Cuts Weigh on Margins
Well I know that before the pendamic, SIA did their oil hedge at around $60 to 80 plus and they are making profit. I also think that their hedging contracts haven't expired.So now only issues is, too many shares issued to the public to rise fund for about 2yrs bcos of pendamic. I feel that they should give out dividend.
Yes, is slowing but only in percentage term, yes. In volume, no. Number of EV car in numbers are growing. Prices cut, is normal in the car industries. Volume goes up, cost of production cost is lowered. What is the nett profit of every model? Should base on nett profit per car minus of the reduction amount, is it still have profit? Premium products pay premium prices. Just like bags, shoes, clothes, same materials production but because it is a brand goods by names, you pay more.. So this explanation is not really logical. My view.