Profile - To The Moon

Ainkil

Posts · 8Posts · 8
Following · 0Following · 0
Followers · 0Followers · 0

- AinkilAinkil
  ·2022-08-25
  $Tesla Motors(TSLA)$it's gonna go up
  248 Comment
  1
  Share
  Report
- AinkilAinkil
  ·2022-07-05
  great
  Tesla: 10-K Footnotes And Bears' Arguments
  ThesisI have been a long-term bull on Tesla (NASDAQ:TSLA) as you can see from my previous writings.
  Tesla: 10-K Footnotes And Bears' Arguments
  192 Comment
  1
  Share
  Report
- AinkilAinkil
  ·2022-05-23
  now you know why ppl bug tesla
  2 Reasons to Buy Tesla and 1 Reason to Hold Off
  Is the EV king heading for a major correction?
  2 Reasons to Buy Tesla and 1 Reason to Hold Off
  183 Comment
  4
  Share
  Report
- AinkilAinkil
  ·2022-05-19
  anything below 700 is a buy lower btr ofc
  344 Comment
  Like
  Share
  Report
- AinkilAinkil
  ·2022-05-06
  $Tesla Motors(TSLA)$if he continues doing whathe's doing and focus more on tesla yes he would but now he has 2-3 company to run which is really divided for him to focus on tesla
  448 Comment
  Like
  Share
  Report
- AinkilAinkil
  ·2022-05-06
  $Apple(AAPL)$gonna buy more apple
  297 Comment
  2
  Share
  Report
- AinkilAinkil
  ·2022-05-05
  $Tesla Motors(TSLA)$ to the moon
  249 Comment
  1
  Share
  Report
- AinkilAinkil
  ·2022-05-05
  $McDonald's(MCD)$ how is it going to be
  104 Comment
  1
  Share
  Report
No following yet

Most Discussed

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"isCurrentUser":false,"userPageInfo":{"id":"3578966936234246","uuid":"3578966936234246","gmtCreate":1615872912270,"gmtModify":1704447506908,"name":"Ainkil","pinyin":"ainkil","introduction":"","introductionEn":"","signature":"","avatar":"https://community-static.tradeup.com/news/71b66e8f013e56be874ca59fe8ab1b37","hat":"https://static.tigerbbs.com/a3dee1aa3a3a3c1814833a4d3f8a5669","hatId":"award-c0e90532fb42ac6de18e25e95db73047","hatName":"2023新年头像框","vip":1,"status":2,"fanSize":1,"headSize":17,"tweetSize":8,"questionSize":0,"limitLevel":999,"accountStatus":4,"level":{"id":2,"name":"无畏虎","nameTw":"無畏虎","represent":"初生牛犊","factor":"发布3条非转发主帖,1条获得他人回复或点赞","iconColor":"3C9E83","bgColor":"A2F1D9"},"themeCounts":0,"badgeCounts":0,"badges":[],"moderator":false,"superModerator":false,"manageSymbols":null,"badgeLevel":null,"boolIsFan":false,"boolIsHead":false,"favoriteSize":0,"symbols":null,"coverImage":null,"realNameVerified":"success","userBadges":[{"badgeId":"972123088c9646f7b6091ae0662215be-3","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Legendary Trader","description":"Total number of securities or futures transactions reached 300","bigImgUrl":"https://static.tigerbbs.com/656db16598a0b8f21429e10d6c1cb033","smallImgUrl":"https://static.tigerbbs.com/03f10910d4dd9234f9b5702a3342193a","grayImgUrl":"https://static.tigerbbs.com/0c767e35268feb729d50d3fa9a386c5a","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":1,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.11.23","exceedPercentage":"93.40%","individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100},{"badgeId":"1026c425416b44e0aac28c11a0848493-2","templateUuid":"1026c425416b44e0aac28c11a0848493","name":"Senior Tiger","description":"Join the tiger community for 1000 days","bigImgUrl":"https://static.tigerbbs.com/0063fb68ea29c9ae6858c58630e182d5","smallImgUrl":"https://static.tigerbbs.com/96c699a93be4214d4b49aea6a5a5d1a4","grayImgUrl":"https://static.tigerbbs.com/35b0e542a9ff77046ed69ef602bc105d","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.12.12","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1001},{"badgeId":"7a9f168ff73447fe856ed6c938b61789-1","templateUuid":"7a9f168ff73447fe856ed6c938b61789","name":"Knowledgeable Investor","description":"Traded more than 10 stocks","bigImgUrl":"https://static.tigerbbs.com/e74cc24115c4fbae6154ec1b1041bf47","smallImgUrl":"https://static.tigerbbs.com/d48265cbfd97c57f9048db29f22227b0","grayImgUrl":"https://static.tigerbbs.com/76c6d6898b073c77e1c537ebe9ac1c57","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.07.26","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1102},{"badgeId":"44212b71d0be4ec88898348dbe882e03-2","templateUuid":"44212b71d0be4ec88898348dbe882e03","name":"Executive Tiger","description":"The transaction amount of the securities account reaches $300,000","bigImgUrl":"https://static.tigerbbs.com/9d20b23f1b6335407f882bc5c2ad12c0","smallImgUrl":"https://static.tigerbbs.com/ada3b4533518ace8404a3f6dd192bd29","grayImgUrl":"https://static.tigerbbs.com/177f283ba21d1c077054dac07f88f3bd","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.07.14","exceedPercentage":"80.16%","individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1101},{"badgeId":"a83d7582f45846ffbccbce770ce65d84-1","templateUuid":"a83d7582f45846ffbccbce770ce65d84","name":"Real Trader","description":"Completed a transaction","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2022.05.10","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100}],"userBadgeCount":5,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-3","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Legendary Trader","description":"Total number of securities or futures transactions reached 300","bigImgUrl":"https://static.tigerbbs.com/656db16598a0b8f21429e10d6c1cb033","smallImgUrl":"https://static.tigerbbs.com/03f10910d4dd9234f9b5702a3342193a","grayImgUrl":"https://static.tigerbbs.com/0c767e35268feb729d50d3fa9a386c5a","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":1,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.11.23","exceedPercentage":"93.49%","individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100},"individualDisplayBadges":null,"crmLevel":6,"crmLevelSwitch":0,"location":null,"starInvestorFollowerNum":0,"starInvestorFlag":false,"starInvestorOrderShareNum":0,"subscribeStarInvestorNum":5,"ror":null,"winRationPercentage":null,"showRor":false,"investmentPhilosophy":null,"starInvestorSubscribeFlag":false},"page":1,"watchlist":null,"tweetList":[{"id":9995342663,"gmtCreate":1661417204654,"gmtModify":1676536515022,"author":{"id":"3578966936234246","authorId":"3578966936234246","name":"Ainkil","avatar":"https://community-static.tradeup.com/news/71b66e8f013e56be874ca59fe8ab1b37","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578966936234246","authorIdStr":"3578966936234246"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$</a>it's gonna go up&nbsp;","listText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$</a>it's gonna go up&nbsp;","text":"$Tesla Motors(TSLA)$it's gonna go up","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9995342663","isVote":1,"tweetType":1,"viewCount":248,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9070944638,"gmtCreate":1657002849124,"gmtModify":1676535930611,"author":{"id":"3578966936234246","authorId":"3578966936234246","name":"Ainkil","avatar":"https://community-static.tradeup.com/news/71b66e8f013e56be874ca59fe8ab1b37","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578966936234246","authorIdStr":"3578966936234246"},"themes":[],"htmlText":"great&nbsp;","listText":"great&nbsp;","text":"great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9070944638","repostId":"2248731460","repostType":4,"repost":{"id":"2248731460","kind":"highlight","pubTimestamp":1656986181,"share":"https://ttm.financial/m/news/2248731460?lang=&edition=fundamental","pubTime":"2022-07-05 09:56","market":"us","language":"en","title":"Tesla: 10-K Footnotes And Bears' Arguments","url":"https://stock-news.laohu8.com/highlight/detail?id=2248731460","media":"Seekingalpha","summary":"ThesisI have been a long-term bull on Tesla (NASDAQ:TSLA) as you can see from my previous writings. ","content":"<html><head></head><body><h2>Thesis</h2><p>I have been a long-term bull on Tesla (NASDAQ:TSLA) as you can see from my previous writings. I have published a series of articles arguing for its nonlinear growth potential. In this article, I will switch perspective and address the bears’ counterargument. The point is not to prove them to be wrong. Quite the opposite, their concerns are 100% valid to me. I am analyzing these concerns not to dismiss their concerns, but to provide a full view, so we can all make an informed decision.</p><p>An open mind that can work with conflicting views is the starting point for investing, especially for nonlinear stocks like TSLA. And this has been a cornerstone of my own investing philosophy. And it is also a philosophy that my writing and market service always promote. We always value disconfirming information more than confirming information.</p><p>Charlie Munger was once asked for tips for investors who have to work with two opposing views. And his response quoted below, as usual, is so quotable:</p><blockquote>Charlie Munger: Well, I do have a tip. At times in my life, I have put myself to a standard that I think has helped me: I think I’m not really equipped to comment on this subject until I can state the arguments against my conclusion better than the people on the other side. If you do that all the time; if you’re looking for disconfirming evidence and putting yourself on a grill, that’s a good way to help remove ignorance.</blockquote><p>Following this wisdom, let’s play the game of arguing against ourselves. Many of you probably are familiar with the common bears’ view already such as high valuation, competition, carbon credit, et al. So, this article will limit the scope to two concerns (scale of government subsidies and tax incentives) not often discussed, concerns that have to be gleaned mostly from the footnotes or independent disclosures.</p><h2>Government Subsidies</h2><p>First, TSLA’s current financials are dressed up by a multitude of government aids, both from local state, federal, and also overseas. Musk is very vocal against government aid and if you follow his Twitter, you may form the wrong view that TSLA does not benefit from such aid.</p><p>On the contrary, TSLA benefits extensively from these aids. And given how fickly government policies can change, such aids form a considerable uncertainty for TSLA’s long-term prospects. Take U.S. aid as an example. These aids include federal loans, tax breaks, loan guarantees, bailout assistance, State/Local loans, bond financing, and venture capital. You can see a detailed list of these aids at this link. As of this writing, TSLA receives a total of 110 subsidies with a total face value of more than $2.5B. To put things into perspective, TSLA&#39;s 2021 total net income was only $5.6B.</p><p>These subsidies are not limited to the US alone. They come from overseas markets like Europe and China too, adding a further layer of uncertainties, as elaborated below.</p><p><img src=\"https://static.tigerbbs.com/b26cf6f11d634d38ca8769c4c4ded14b\" tg-width=\"640\" tg-height=\"226\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Source: Subsidytracker.goodjobsfirst.org</p><h2>Tax Incentives</h2><p>The following chart shows TSLA’s most recent income statement. The taxes are highlighted. And as you can see, it earned $3.6B of pretax income in the quarter ended on March 31, 2022, and reported a provision for income tax of $346M. So this leads to an effective rate of less than 10% (9.6% to be precise). The picture of last year was very similar: $69M of tax provision on a $533M pretax earnings.</p><p>The reasons for such low tax rates, as indicated in its Form 10-K, are several temporary tax incentives. For example, China has approved a tax reduction for TSLA from the normal rate of 25% to 15%. The reason for singling out China here is twofold.</p><p>First, China has become an important market for TSLA. As of 2021, its China sales are nearly half of its U.S. sales, and the China sales contribute about half of its total pretax income. Second, the tax break is scheduled to expire in 2023. Given the large size of its China sales, if the tax rates do invert to 25% by 2023, the additional taxes in China alone will create a non-negligible impact on its earnings.</p><p>To further compound the uncertainty, TSLA cars are also exempted from the 10% purchase tax in China (as detailed in the following Reuters report). This exemption is also scheduled to expire in 2023 and whether it can be extended or not is uncertain.</p><blockquote>BEIJING (Reuters) - China will exempt Tesla Inc&#39;s TSLA.O electric vehicles from its purchase tax, the Ministry of Industry and Information Technology (MIIT) said on Friday. Tesla sees China as one of its most important, growing markets, and the exemption from a 10% purchase tax could reduce the cost of buying a Tesla by up to 99,000 yuan ($13,957.82), according to a post on Tesla’s social media WeChat account.</blockquote><p><img src=\"https://static.tigerbbs.com/369829514fefa1533595fc2ed905bd7e\" tg-width=\"640\" tg-height=\"419\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Tesla form 10-Q</p><h2>Final Thoughts</h2><p>To summarize, the common bearish concerns such as high valuation, competition, carbon credit, et al., are 100% valid. Moreover, TSLA also faces other uncertainties such as extensive government subsidies and tax incentives from the local government, federal government, and overseas markets. These factors help to dress up TSLA’s financials to a substantial extent, but are not sustainable in the long term. Again, the goal here is not to dismiss the bears’ concerns, but to provide a full view, so we can all make a better investment decision.</p><p>Finally, let me conclude with a brief of my bullish thesis to caution bears with some upside risks too. As a nonlinear growth stock, TSLA enjoys higher-order benefits as it scales up its production and delivery, as argued in my earlier article. For such nonlinear stock, market psychology plays a large role, and it is usually a bad idea to short just based on valuation considerations. The price and value of such companies are often disconnected - and for extended periods of time. And Musk seems to be a master to work with this disconnection, as you can see from the chart below. The company has issued a total of $23.8B of new stocks between 2015 and 2021 cumulatively, while the debt was reduced to a mere $5.4B.</p><p><img src=\"https://static.tigerbbs.com/c6638b59bef4e20f516c5922083e8f14\" tg-width=\"640\" tg-height=\"346\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Author based on Seeking Alpha data</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla: 10-K Footnotes And Bears' Arguments</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: 10-K Footnotes And Bears' Arguments\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-05 09:56 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4521621-tesla-10-k-footnotes-and-bears-arguments><strong>Seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>ThesisI have been a long-term bull on Tesla (NASDAQ:TSLA) as you can see from my previous writings. I have published a series of articles arguing for its nonlinear growth potential. In this article, I...</p>\n\n<a href=\"https://seekingalpha.com/article/4521621-tesla-10-k-footnotes-and-bears-arguments\">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/4521621-tesla-10-k-footnotes-and-bears-arguments","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2248731460","content_text":"ThesisI have been a long-term bull on Tesla (NASDAQ:TSLA) as you can see from my previous writings. I have published a series of articles arguing for its nonlinear growth potential. In this article, I will switch perspective and address the bears’ counterargument. The point is not to prove them to be wrong. Quite the opposite, their concerns are 100% valid to me. I am analyzing these concerns not to dismiss their concerns, but to provide a full view, so we can all make an informed decision.An open mind that can work with conflicting views is the starting point for investing, especially for nonlinear stocks like TSLA. And this has been a cornerstone of my own investing philosophy. And it is also a philosophy that my writing and market service always promote. We always value disconfirming information more than confirming information.Charlie Munger was once asked for tips for investors who have to work with two opposing views. And his response quoted below, as usual, is so quotable:Charlie Munger: Well, I do have a tip. At times in my life, I have put myself to a standard that I think has helped me: I think I’m not really equipped to comment on this subject until I can state the arguments against my conclusion better than the people on the other side. If you do that all the time; if you’re looking for disconfirming evidence and putting yourself on a grill, that’s a good way to help remove ignorance.Following this wisdom, let’s play the game of arguing against ourselves. Many of you probably are familiar with the common bears’ view already such as high valuation, competition, carbon credit, et al. So, this article will limit the scope to two concerns (scale of government subsidies and tax incentives) not often discussed, concerns that have to be gleaned mostly from the footnotes or independent disclosures.Government SubsidiesFirst, TSLA’s current financials are dressed up by a multitude of government aids, both from local state, federal, and also overseas. Musk is very vocal against government aid and if you follow his Twitter, you may form the wrong view that TSLA does not benefit from such aid.On the contrary, TSLA benefits extensively from these aids. And given how fickly government policies can change, such aids form a considerable uncertainty for TSLA’s long-term prospects. Take U.S. aid as an example. These aids include federal loans, tax breaks, loan guarantees, bailout assistance, State/Local loans, bond financing, and venture capital. You can see a detailed list of these aids at this link. As of this writing, TSLA receives a total of 110 subsidies with a total face value of more than $2.5B. To put things into perspective, TSLA's 2021 total net income was only $5.6B.These subsidies are not limited to the US alone. They come from overseas markets like Europe and China too, adding a further layer of uncertainties, as elaborated below.Source: Subsidytracker.goodjobsfirst.orgTax IncentivesThe following chart shows TSLA’s most recent income statement. The taxes are highlighted. And as you can see, it earned $3.6B of pretax income in the quarter ended on March 31, 2022, and reported a provision for income tax of $346M. So this leads to an effective rate of less than 10% (9.6% to be precise). The picture of last year was very similar: $69M of tax provision on a $533M pretax earnings.The reasons for such low tax rates, as indicated in its Form 10-K, are several temporary tax incentives. For example, China has approved a tax reduction for TSLA from the normal rate of 25% to 15%. The reason for singling out China here is twofold.First, China has become an important market for TSLA. As of 2021, its China sales are nearly half of its U.S. sales, and the China sales contribute about half of its total pretax income. Second, the tax break is scheduled to expire in 2023. Given the large size of its China sales, if the tax rates do invert to 25% by 2023, the additional taxes in China alone will create a non-negligible impact on its earnings.To further compound the uncertainty, TSLA cars are also exempted from the 10% purchase tax in China (as detailed in the following Reuters report). This exemption is also scheduled to expire in 2023 and whether it can be extended or not is uncertain.BEIJING (Reuters) - China will exempt Tesla Inc's TSLA.O electric vehicles from its purchase tax, the Ministry of Industry and Information Technology (MIIT) said on Friday. Tesla sees China as one of its most important, growing markets, and the exemption from a 10% purchase tax could reduce the cost of buying a Tesla by up to 99,000 yuan ($13,957.82), according to a post on Tesla’s social media WeChat account.Tesla form 10-QFinal ThoughtsTo summarize, the common bearish concerns such as high valuation, competition, carbon credit, et al., are 100% valid. Moreover, TSLA also faces other uncertainties such as extensive government subsidies and tax incentives from the local government, federal government, and overseas markets. These factors help to dress up TSLA’s financials to a substantial extent, but are not sustainable in the long term. Again, the goal here is not to dismiss the bears’ concerns, but to provide a full view, so we can all make a better investment decision.Finally, let me conclude with a brief of my bullish thesis to caution bears with some upside risks too. As a nonlinear growth stock, TSLA enjoys higher-order benefits as it scales up its production and delivery, as argued in my earlier article. For such nonlinear stock, market psychology plays a large role, and it is usually a bad idea to short just based on valuation considerations. The price and value of such companies are often disconnected - and for extended periods of time. And Musk seems to be a master to work with this disconnection, as you can see from the chart below. The company has issued a total of $23.8B of new stocks between 2015 and 2021 cumulatively, while the debt was reduced to a mere $5.4B.Author based on Seeking Alpha data","news_type":1},"isVote":1,"tweetType":1,"viewCount":192,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9028752309,"gmtCreate":1653283248701,"gmtModify":1676535253788,"author":{"id":"3578966936234246","authorId":"3578966936234246","name":"Ainkil","avatar":"https://community-static.tradeup.com/news/71b66e8f013e56be874ca59fe8ab1b37","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578966936234246","authorIdStr":"3578966936234246"},"themes":[],"htmlText":"now you know why ppl bug tesla&nbsp;","listText":"now you know why ppl bug tesla&nbsp;","text":"now you know why ppl bug tesla","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9028752309","repostId":"2237816671","repostType":4,"repost":{"id":"2237816671","kind":"highlight","pubTimestamp":1653273306,"share":"https://ttm.financial/m/news/2237816671?lang=&edition=fundamental","pubTime":"2022-05-23 10:35","market":"us","language":"en","title":"2 Reasons to Buy Tesla and 1 Reason to Hold Off","url":"https://stock-news.laohu8.com/highlight/detail?id=2237816671","media":"Motley Fool","summary":"Is the EV king heading for a major correction?","content":"<html><head></head><body><p>The valuations of growth stocks have been tested lately in the wake of unprecedented inflation levels, hiked interest rates, and the economic impacts of Russia&#39;s invasion of Ukraine. The <b>Nasdaq Composite</b> has descended 28% year to date, and the <b>Cboe Volatility Index</b> -- commonly referred to as Wall Street&#39;s fear gauge -- has soared nearly 80% in the same time frame, highlighting investors&#39; uneasiness at the present moment.</p><p><a href=\"https://laohu8.com/S/TSLA\">Tesla</a>, one of the most polarizing stocks on Wall Street, has joined the sell-off by shedding 41% of its value since the start of the year. The EV leader&#39;s market capitalization eclipsed $1 trillion in late 2021, but the stock has since backpedaled, settling at a $738 billion market cap today. Will the Elon Musk-led company return to the $1 trillion zone, and if so, when? While macro headwinds and Musk&#39;s dramatic potential takeover of <b><a href=\"https://laohu8.com/S/TWTR\">Twitter</a></b> surely haven&#39;t helped Tesla, the EV giant&#39;s business continues to make headway in a grand fashion.</p><p>On that note, let&#39;s discuss two reasons to consider buying Tesla stock today and one justification for holding back.</p><h2>Buy: Business is booming</h2><p>In a quarter rife with macroeconomic challenges and COVID-related shutdowns in its Shanghai factory, Tesla delivered big for its shareholders. The company raked in total sales of $18.8 billion, growing 81% year over year and beating Wall Street estimates by 5%. Likewise, earnings per share (EPS) finished at $3.22, climbing 246% and smashing consensus forecasts by a whopping 42%. The EV commander produced 305,407 vehicles and completed 310,048 deliveries, adding to the already-strong quarter with respective increases of 69% and 68%.</p><p>Per management&#39;s guidance, investors can expect the company to achieve 50% average annual growth in vehicle deliveries over a multi-year time horizon. For the full fiscal year 2022, Wall Street analysts are projecting the company&#39;s top line to surge 61% year over year to $86.3 billion and EPS to mount 81%, reaching $12.31. Given that Tesla&#39;s factories have been operating below capacity for several quarters and will continue to do so throughout 2022, the company&#39;s growth amid such setbacks is nothing short of remarkable. Its robust balance sheet reveals a 660% year-over-year increase in free cash flow generation, rising to $2.2 billion in the first quarter of 2022 from $293 million in the year-ago period.  All told, the EV juggernaut is in an advantageous position to expand its operations in the years to follow.</p><h2>Buy: Massive industry potential</h2><p>Tesla brings a lot of mainstream attention to the EV market, but don&#39;t be fooled: The industry is still in its early innings. As of today, there are more than 10 million electric vehicles on the road, but that represents just 1% of global car stock. By 2030, it&#39;s projected that there will be 300 million electric cars on the road, a 2,900% upsurge from existing levels. It&#39;s also expected that EVs will account for 60% of new car sales by then, a drastic increase from 5% in 2020.</p><p>On a broader scale, the global EV market is set to register a compound annual growth rate of 25% through 2030, indicating a market size of nearly $1 trillion by that time. While competition is heating up tremendously, Tesla is well-positioned to remain a winner in the years to come. In 2021, the company was responsible for almost 70% of registered EVs in the U.S., and it reigns over nearly 15% of the global EV market. In other words, it&#39;s not Tesla that investors should worry about when considering increased competition in the industry.</p><h2>Stay away: Steep valuation</h2><p>At face value, Tesla&#39;s valuation appears outrageous. The stock is trading at 95.8 times earnings today, indicating a lofty valuation in and of itself. Comparing the EV giant&#39;s price-to-earnings multiple to that of other automobile manufacturers paints an even clearer picture.</p><p><img src=\"https://static.tigerbbs.com/3fdf1619fbf744a4939db2ea2d91e9e9\" tg-width=\"720\" tg-height=\"483\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>TSLA PE Ratio data by YCharts</p><p>Competitors <b>Ford</b>, <b>General Motors</b>, and <b>Toyota</b> carry price-to-earnings multiples of 4.5, 6, and 8.5, respectively, serving steep discounts compared to their EV peer. Whether Tesla warrants a premium valuation is a classic debate; however, there&#39;s no denying that the stock is richly priced today.</p><h2>Should you buy Tesla?</h2><p>Tesla is a great company, but its latest pullback has grabbed my attention. That said, it&#39;s still trading at a steep valuation and would need to suffer a far greater correction to be considered cheap. Although Tesla continues to make fantastic strides on the financial front, I&#39;d hold off on buying the stock for now. Not only are there more actionable opportunities available on the market today, but there is also a good chance that macro headwinds and Twitter-related drama drag this stock down further in the coming quarters.</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>2 Reasons to Buy Tesla and 1 Reason to Hold Off</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\">\n2 Reasons to Buy Tesla and 1 Reason to Hold Off\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-05-23 10:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/05/22/down-almost-30-in-the-past-month-here-are-2-reason/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The valuations of growth stocks have been tested lately in the wake of unprecedented inflation levels, hiked interest rates, and the economic impacts of Russia's invasion of Ukraine. The Nasdaq ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/05/22/down-almost-30-in-the-past-month-here-are-2-reason/\">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.fool.com/investing/2022/05/22/down-almost-30-in-the-past-month-here-are-2-reason/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2237816671","content_text":"The valuations of growth stocks have been tested lately in the wake of unprecedented inflation levels, hiked interest rates, and the economic impacts of Russia's invasion of Ukraine. The Nasdaq Composite has descended 28% year to date, and the Cboe Volatility Index -- commonly referred to as Wall Street's fear gauge -- has soared nearly 80% in the same time frame, highlighting investors' uneasiness at the present moment.Tesla, one of the most polarizing stocks on Wall Street, has joined the sell-off by shedding 41% of its value since the start of the year. The EV leader's market capitalization eclipsed $1 trillion in late 2021, but the stock has since backpedaled, settling at a $738 billion market cap today. Will the Elon Musk-led company return to the $1 trillion zone, and if so, when? While macro headwinds and Musk's dramatic potential takeover of Twitter surely haven't helped Tesla, the EV giant's business continues to make headway in a grand fashion.On that note, let's discuss two reasons to consider buying Tesla stock today and one justification for holding back.Buy: Business is boomingIn a quarter rife with macroeconomic challenges and COVID-related shutdowns in its Shanghai factory, Tesla delivered big for its shareholders. The company raked in total sales of $18.8 billion, growing 81% year over year and beating Wall Street estimates by 5%. Likewise, earnings per share (EPS) finished at $3.22, climbing 246% and smashing consensus forecasts by a whopping 42%. The EV commander produced 305,407 vehicles and completed 310,048 deliveries, adding to the already-strong quarter with respective increases of 69% and 68%.Per management's guidance, investors can expect the company to achieve 50% average annual growth in vehicle deliveries over a multi-year time horizon. For the full fiscal year 2022, Wall Street analysts are projecting the company's top line to surge 61% year over year to $86.3 billion and EPS to mount 81%, reaching $12.31. Given that Tesla's factories have been operating below capacity for several quarters and will continue to do so throughout 2022, the company's growth amid such setbacks is nothing short of remarkable. Its robust balance sheet reveals a 660% year-over-year increase in free cash flow generation, rising to $2.2 billion in the first quarter of 2022 from $293 million in the year-ago period.  All told, the EV juggernaut is in an advantageous position to expand its operations in the years to follow.Buy: Massive industry potentialTesla brings a lot of mainstream attention to the EV market, but don't be fooled: The industry is still in its early innings. As of today, there are more than 10 million electric vehicles on the road, but that represents just 1% of global car stock. By 2030, it's projected that there will be 300 million electric cars on the road, a 2,900% upsurge from existing levels. It's also expected that EVs will account for 60% of new car sales by then, a drastic increase from 5% in 2020.On a broader scale, the global EV market is set to register a compound annual growth rate of 25% through 2030, indicating a market size of nearly $1 trillion by that time. While competition is heating up tremendously, Tesla is well-positioned to remain a winner in the years to come. In 2021, the company was responsible for almost 70% of registered EVs in the U.S., and it reigns over nearly 15% of the global EV market. In other words, it's not Tesla that investors should worry about when considering increased competition in the industry.Stay away: Steep valuationAt face value, Tesla's valuation appears outrageous. The stock is trading at 95.8 times earnings today, indicating a lofty valuation in and of itself. Comparing the EV giant's price-to-earnings multiple to that of other automobile manufacturers paints an even clearer picture.TSLA PE Ratio data by YChartsCompetitors Ford, General Motors, and Toyota carry price-to-earnings multiples of 4.5, 6, and 8.5, respectively, serving steep discounts compared to their EV peer. Whether Tesla warrants a premium valuation is a classic debate; however, there's no denying that the stock is richly priced today.Should you buy Tesla?Tesla is a great company, but its latest pullback has grabbed my attention. That said, it's still trading at a steep valuation and would need to suffer a far greater correction to be considered cheap. Although Tesla continues to make fantastic strides on the financial front, I'd hold off on buying the stock for now. Not only are there more actionable opportunities available on the market today, but there is also a good chance that macro headwinds and Twitter-related drama drag this stock down further in the coming quarters.","news_type":1},"isVote":1,"tweetType":1,"viewCount":183,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9023727510,"gmtCreate":1652967225830,"gmtModify":1676535197976,"author":{"id":"3578966936234246","authorId":"3578966936234246","name":"Ainkil","avatar":"https://community-static.tradeup.com/news/71b66e8f013e56be874ca59fe8ab1b37","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578966936234246","authorIdStr":"3578966936234246"},"themes":[],"htmlText":"anything below 700 is a buy lower btr ofc&nbsp;","listText":"anything below 700 is a buy lower btr ofc&nbsp;","text":"anything below 700 is a buy lower btr ofc","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9023727510","isVote":1,"tweetType":1,"viewCount":344,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9068745422,"gmtCreate":1651811241266,"gmtModify":1676534976326,"author":{"id":"3578966936234246","authorId":"3578966936234246","name":"Ainkil","avatar":"https://community-static.tradeup.com/news/71b66e8f013e56be874ca59fe8ab1b37","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578966936234246","authorIdStr":"3578966936234246"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$</a>if he continues doing whathe's doing and focus more on tesla yes he would but now he has 2-3 company to run which is really divided for him to focus on tesla&nbsp;","listText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$</a>if he continues doing whathe's doing and focus more on tesla yes he would but now he has 2-3 company to run which is really divided for him to focus on tesla&nbsp;","text":"$Tesla Motors(TSLA)$if he continues doing whathe's doing and focus more on tesla yes he would but now he has 2-3 company to run which is really divided for him to focus on tesla","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9068745422","isVote":1,"tweetType":1,"viewCount":448,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9068748570,"gmtCreate":1651810828690,"gmtModify":1676534976272,"author":{"id":"3578966936234246","authorId":"3578966936234246","name":"Ainkil","avatar":"https://community-static.tradeup.com/news/71b66e8f013e56be874ca59fe8ab1b37","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578966936234246","authorIdStr":"3578966936234246"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$</a>gonna buy more apple&nbsp;","listText":"<a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$</a>gonna buy more apple&nbsp;","text":"$Apple(AAPL)$gonna buy more apple","images":[{"img":"https://community-static.tradeup.com/news/39d41c79b5966c6faabff645d5c8022a","width":"750","height":"2499"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9068748570","isVote":1,"tweetType":1,"viewCount":297,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9068802190,"gmtCreate":1651746451611,"gmtModify":1676534960618,"author":{"id":"3578966936234246","authorId":"3578966936234246","name":"Ainkil","avatar":"https://community-static.tradeup.com/news/71b66e8f013e56be874ca59fe8ab1b37","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578966936234246","authorIdStr":"3578966936234246"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$</a> to the moon&nbsp;","listText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$</a> to the moon&nbsp;","text":"$Tesla Motors(TSLA)$ to the moon","images":[{"img":"https://community-static.tradeup.com/news/fe62ab00aa73e564d1c44ba0f1692703","width":"750","height":"2607"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9068802190","isVote":1,"tweetType":1,"viewCount":249,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9061740789,"gmtCreate":1651685333914,"gmtModify":1676534948935,"author":{"id":"3578966936234246","authorId":"3578966936234246","name":"Ainkil","avatar":"https://community-static.tradeup.com/news/71b66e8f013e56be874ca59fe8ab1b37","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578966936234246","authorIdStr":"3578966936234246"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/MCD\">$McDonald's(MCD)$</a> how is it going to be","listText":"<a href=\"https://ttm.financial/S/MCD\">$McDonald's(MCD)$</a> how is it going to be","text":"$McDonald's(MCD)$ how is it going to be","images":[{"img":"https://community-static.tradeup.com/news/d324bbb8a2c47a938cef4ac38b0dc443","width":"750","height":"2327"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9061740789","isVote":1,"tweetType":1,"viewCount":104,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0}],"defaultTab":"following","isTTM":true}