$Tesla Motors(TSLA)$ 🚨 BYD Revenue Eclipses $TSLA for First Time as EV Giants Go Head to Head BYD Co. notched up another win over Tesla Inc., reporting quarterly revenue that beat Elon Musk’s carmaker for the first time since the pair have gone head-to-head in global electric vehicles sales. Revenue for China’s best-selling automaker soared 24% year-on-year to 201.1 billion yuan ($28.2 billion) for the three months ending Sept. 30, falling short of estimates, but exceeding Tesla whose sales hit $25.2 billion in the same period. Net income increased 11.5% to an all-time high of 11.6 billion yuan, surpassing consensus, after BYD sold an unprecedented 1.12 million electric and plug-in hybrid vehicles last quarte
$Alphabet(GOOGL)$ $Tesla Motors(TSLA)$ $GOOGL One big stat from Google’s earnings today is that they said Waymo is now doing 150K paid trips a week, up from 100K that was disclosed a few months ago Makes sense why Waymo raised $5.5B on Monday To me this is bullish $TSLA — the self driving market is massive and true autonomy could actually unlock massive, massive value
$Tesla Motors(TSLA)$ $NVIDIA Corp(NVDA)$ By the end of this year, Elon Musk's companies (Tesla & xAI) will have brought online roughly $10 billion worth of training compute capacity in 2024 alone. Tesla already deployed and is training ahead of schedule on a 29,000 unit Nvidia H100 cluster at Giga Texas – and will have 50,000 H100 capacity by the end of October, and ~85,000 H100 equivalent capacity by December. That's crazy Numbers! Buy every dip on NVDA and TSLA!
$NVIDIA Corp(NVDA)$ $NVDA WAS AT A 64/PE AT $15 IN 2021 $NVDA IS NOW AT A 64 P/E AT $142 IN 2024 This is why stocks can be expensive but not overvalued at the same. Now looking back, everyone can agree that Nvidia was NOT overvalued at $15 in 2021 given its up 10x since then, but at a 64 P/E, it was expensive. You needed some imagination to see past the numbers in 2021 to see what Nvidia could become and what GPUs would do for the world.
$iShares Bitcoin Trust(IBIT)$ $CME Bitcoin - main 2411(BTCmain)$ Bitcoin just entered a golden cross (where the 50dma crosses over the 200dma) for the first time in over a year! The last time it did that, it saw a +33% near term move. Extrapolate how you see fit. But it seems to be waiting for the election before any big move. A golden cross often precedes a strong run-up. With Bitcoin ETF options getting introduced, we will see even more volatility in this space.
$Amazon.com(AMZN)$ $AMZN currently has $605 Billion in Revenue per year By the end of 2026, it is expected to be $880 Billion Revenue and FCF of $95 Billion per year. Current Market Cap $2 Trillion $NVDA's Market Cap is $3.47 Trillion Fundamentally $AMZN is a stronger company compared to $NVDA right now. $AMZN will be passing $WMT for largest company by revenue over the next few quarters $AMZN looks primed for outsized returns on the heels of AWS/cloud, advertising, and retail margin expansion
$Tesla Motors(TSLA)$ NEWS: @Tesla further extends 5-year 0-interest loan incentive in China to Nov 30 $TSLA will continue to offer 5-year, 0-interest loan policy in China next month, further extending the incentive for car purchases that began in April. Chinese customers who buy some variants of the Model 3 sedan and Model Y crossover before November 30 will still be able to take advantage of a “limited-time” 5-year 0 percent interest financing program, according to information on the US electric vehicle (EV) maker's Chinese website. The Model 3 and Model Y, which are locally produced at Tesla's Shanghai plant, are both available in three variants in China.
$SPDR S&P 500 ETF Trust(SPY)$ Key Events This Week: 1. CB Consumer Confidence data - Tuesday 2. JOLTs Jobs Data - Tuesday 3. US Q3 2024 GDP data - Wednesday 4. September PCE Inflation data - Thursday 5. October Jobs Report - Friday 6. ~20% of S&P 500 companies report earnings this week A huge week ahead of us kicks of a very busy November. The 2024 election and November Fed meeting are now also less than two weeks away.
$Tesla Motors(TSLA)$ Tesla Makes Money Selling Electric Vehicles, but 86% of Its Earnings Could Soon Come From This Instead 👇 FSD and robotaxis are the way forward, according to Musk @Tesla expects to monetize FSD in three primary ways: 1. Selling the software to owners of Tesla's passenger EVs. 2. Licensing the software to other car manufacturers for a fee. 3. Through a ride-hailing network Tesla built in-house, which will allow Cybercabs to transport passengers at all hours of the day (like Uber, except completely driverless) Ark's financial models suggest $TSLA will generate $1.2 trillion in annual revenue by 2029, with FSD and Cybercab accounting for 63%. However, thanks to those high profit margins, Ark
$Tesla Motors(TSLA)$ Tesla’s Q3 Earnings call was a BANGER. Here’s a quick summary: • Elon expects 20-30% vehicle growth in 2025 • Tesla is confident on reaching volume Cybercab production in 2026. They’re aiming for 2 million vehicles per year with no ramp. • Tesla has been operating a ride-hailing service for the past year in San-Francisco for its employees. • Unsupervised FSD in 2025. • FSD v13 will be released soon. • FSD to be safer than a human next year. • Cybercab will be a $25,000 car. • Tesla expects to roll out their ride-hailing service in Texas & California next year. (Probably Texas first) • Tesla Roadster is under development, and are close to finalizing its design. • Tesla says it won’t be long t