Profile - To The Moon

HariSugi

Posts · 4Posts · 4
Following · 0Following · 0
Followers · 0Followers · 0

- HariSugiHariSugi
  ·2022-05-11
  This is the worse analysis I have read so far. Estimating revenue is not just taking CAGR from the air. A respectable analyst will look at the details. Without the details, it is just a number game anyone can do. Revenue needs to be estimated from the point of view of cars to be delivered based on capacity and ASP. And useprofit margin that is in line with the current situation and the fact that Tesla is doing lots of cost reduction through operational efficiency and giga casting, eliminating many parts and costs.
  Tesla - Fair Value Of $825
  Tesla, Inc. (NASDAQ:TSLA) has been a notoriously expensive stock for most of its history. It has tra
  Tesla - Fair Value Of $825
  426 Comment
  12
  Share
  Report
- HariSugiHariSugi
  ·2022-03-25
  Apple will definitely hit $200. $200 is only 15% increase from today's price. Historically, apple did better than that.
  Apple Stock Price Target: Why One Analyst Sees AAPL Hitting $200 Within 12 Months
  AAPL could see strong iPhone demand this year
  Apple Stock Price Target: Why One Analyst Sees AAPL Hitting $200 Within 12 Months
  390 Comment
  1
  Share
  Report
- HariSugiHariSugi
  ·2022-01-13
  $Tesla Motors(TSLA)$Will be heading to $1200 in one week time.
  392 Comment
  4
  Share
  Report
- HariSugiHariSugi
  ·2022-01-11
  Kick ass number from China 👍
  Tesla sold 70,847 China-made vehicles in December-CPCA
  BEIJING, Jan 11 - U.S. electric vehicle maker Tesla Inc sold 70,847 China-made vehicles in December, including 245 for export, the China Passenger Car Association said on Tuesday.Tesla, which is making Model 3 sedans and Model Y sport-utility vehicles in Shanghai, sold 52,859 China-made vehicles in Novermber, including 21,127 that were exported.Chinese EV makers Nio Inc delivered 10,489 cars last month, increasing by 49.7% year on year, and Xpeng Incdelivered 16,000 vehicles. $Volkswagen
  Tesla sold 70,847 China-made vehicles in December-CPCA
  401 Comment
  2
  Share
  Report
No followers 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":"4101085584242060","uuid":"4101085584242060","gmtCreate":1638421425543,"gmtModify":1638421425543,"name":"HariSugi","pinyin":"harisugi","introduction":"","introductionEn":null,"signature":"","avatar":"https://static.laohu8.com/default-avatar.jpg","hat":null,"hatId":null,"hatName":null,"vip":1,"status":2,"fanSize":2,"headSize":1,"tweetSize":4,"questionSize":0,"limitLevel":999,"accountStatus":4,"level":{"id":0,"name":"","nameTw":"","represent":"","factor":"","iconColor":"","bgColor":""},"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-2","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Master Trader","description":"Total number of securities or futures transactions reached 100","bigImgUrl":"https://static.tigerbbs.com/ad22cfbe2d05aa393b18e9226e4b0307","smallImgUrl":"https://static.tigerbbs.com/36702e6ff3ffe46acafee66cc85273ca","grayImgUrl":"https://static.tigerbbs.com/d52eb88fa385cf5abe2616ed63781765","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.10.25","exceedPercentage":"80.30%","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":"2024.08.28","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1001},{"badgeId":"44212b71d0be4ec88898348dbe882e03-3","templateUuid":"44212b71d0be4ec88898348dbe882e03","name":"President Tiger","description":"The transaction amount of the securities account reaches $1,000,000","bigImgUrl":"https://static.tigerbbs.com/fbeac6bb240db7da8b972e5183d050ba","smallImgUrl":"https://static.tigerbbs.com/436cdf80292b99f0a992e78750ac4e3a","grayImgUrl":"https://static.tigerbbs.com/506a259a7b456f037592c3b23c779599","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2022.05.24","exceedPercentage":"93.82%","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":"2021.12.29","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100}],"userBadgeCount":4,"currentWearingBadge":null,"individualDisplayBadges":null,"crmLevel":9,"crmLevelSwitch":0,"location":null,"starInvestorFollowerNum":0,"starInvestorFlag":false,"starInvestorOrderShareNum":0,"subscribeStarInvestorNum":0,"ror":null,"winRationPercentage":null,"showRor":false,"investmentPhilosophy":null,"starInvestorSubscribeFlag":false},"page":1,"watchlist":null,"tweetList":[{"id":9064903565,"gmtCreate":1652259064357,"gmtModify":1676535063351,"author":{"id":"4101085584242060","authorId":"4101085584242060","name":"HariSugi","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":9,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4101085584242060","authorIdStr":"4101085584242060"},"themes":[],"htmlText":"This is the worse analysis I have read so far. Estimating revenue is not just taking CAGR from the air. A respectable analyst will look at the details. Without the details, it is just a number game anyone can do. Revenue needs to be estimated&nbsp;from the point of view of cars to be delivered based on capacity and ASP. And useprofit margin that is in line with the current situation and the fact that Tesla is doing lots of cost reduction through operational efficiency and giga casting, eliminating many parts and costs.&nbsp;","listText":"This is the worse analysis I have read so far. Estimating revenue is not just taking CAGR from the air. A respectable analyst will look at the details. Without the details, it is just a number game anyone can do. Revenue needs to be estimated&nbsp;from the point of view of cars to be delivered based on capacity and ASP. And useprofit margin that is in line with the current situation and the fact that Tesla is doing lots of cost reduction through operational efficiency and giga casting, eliminating many parts and costs.&nbsp;","text":"This is the worse analysis I have read so far. Estimating revenue is not just taking CAGR from the air. A respectable analyst will look at the details. Without the details, it is just a number game anyone can do. Revenue needs to be estimated from the point of view of cars to be delivered based on capacity and ASP. And useprofit margin that is in line with the current situation and the fact that Tesla is doing lots of cost reduction through operational efficiency and giga casting, eliminating many parts and costs.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":12,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9064903565","repostId":"2234623829","repostType":2,"repost":{"id":"2234623829","kind":"news","pubTimestamp":1652238014,"share":"https://ttm.financial/m/news/2234623829?lang=&edition=fundamental","pubTime":"2022-05-11 11:00","market":"us","language":"en","title":"Tesla - Fair Value Of $825","url":"https://stock-news.laohu8.com/highlight/detail?id=2234623829","media":"Seeking Alpha","summary":"Tesla, Inc. (NASDAQ:TSLA) has been a notoriously expensive stock for most of its history. It has tra","content":"<html><head></head><body><p><b>Tesla, Inc.</b> (NASDAQ:TSLA) has been a notoriously expensive stock for most of its history. It has traded well above 100 times sales in the past, today it trades at nearly 100 times earnings. Nobody doubts that Tesla has succeeded in becoming profitable, but still, some investors think the stock is overpriced. Tesla does trade at high multiples, but its growth is also very strong. In this article, I try to settle the Tesla valuation question with a discounted cash flow (“DCF”) model. Ultimately I arrive at a $825 valuation, giving it slight upside to today’s price. However, I rate the stock a hold rather than a buy, due to concerns about its accounting.</p><h2>Competitive Landscape</h2><p>Before getting into my analysis of Tesla’s fair value, I have to take a look at the company’s competitive position. In a few paragraphs, I will make a revenue growth estimate for Tesla that is above EV industry averages. A company needs a solid competitive position in order to out-grow its industry, so we need to establish Tesla does have a superior market position.</p><p>Some of the companies Tesla competes with include:</p><ul><li><p><b>Volkswagen</b> (OTCPK:VWAGY) - Second place in deliveries after Tesla, with 452,000 BEVs sold in 2021.</p></li><li><p><b>BYD Motors</b> (OTCPK:BYDDF) - Third place after Volkswagen, with 320,000 BEVs sold in 2021 (593,000 EVs total if you include hybrids).</p></li><li><p><b>NIO</b> (NIO) and <b>Lucid Motors</b> (LCID) - very small players but noteworthy for their “head to head” competition with Tesla. As luxury EV makers, they are playing the exact same game that Tesla is; VW and BYD ship different kinds of vehicles.</p></li></ul><p>Tesla is well ahead of the competition in pure-EV sedans. With 932,000 cars delivered in 2022, it sold more than double what VW did. Tesla’s dominance of the EV industry is lesser if you include trucks, trains and buses. By that standard, BYD, with 593,000 deliveries, is not too far behind Tesla.</p><p>Can Tesla’s edge in electric cars continue?</p><p>Right out of the gate, Tesla has an enormous competitive edge over its competitors in the form of free advertising. Elon Musk has <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the world’s biggest <b><a href=\"https://laohu8.com/S/TWTR\">Twitter</a></b> (TWTR) accounts, and he is in the process of “locking in” that advantage by buying Twitter. With 80 million Twitter followers, Musk can reach a lot of people without having to spend a penny on advertising. He uses this advantage to the fullest, getting free publicity through Tweets, TED talks and other unconventional channels. Generating “organic” publicity this way tends to produce superior margins, as it reduces the need for a marketing budget.</p><p>It isn&#39;t easy to explain exactly how valuable Tesla&#39;s ability to market itself without paying money for advertising is, but a few points are worth keeping in mind:</p><ul><li>Tesla was named 2021&#39;s fastest growing brand by Visual Capitalist.</li><li>Tesla was the world&#39;s fastest growing automaker in 2020.</li><li>The company moved from 6th place to 3rd place in the list of world&#39;s most valuable automotive brands in 2022.</li></ul><p>... And all of this was achieved with no marketing budget to speak of! By contrast, <b>Ford </b>(F) spent $468 on marketing per each car sold in 2021.</p><p>The advantage this provides Tesla is enormous. First of all, it empowers the company to spend way more money on R&amp;D compared to the competition: at $2,984 per car sold, Tesla invests much more in research than the average car company. That can drive innovation over time.</p><p>Second, this edge provides the potential for superior earnings growth. With lower costs come higher profits, and costs compound just like stock prices do. Below, you will see a model of two nearly identical companies, A and B, growing revenue by 30% and operating costs by 20%. The only difference is that company B has a marketing budget that starts at 10% of sales and grows by 40% per year. In the table below, you will see how much more profit company A has by the end of five years.</p><table><tbody><tr><td></td><td>Year 1</td><td>Year 2</td><td>Year 3</td><td>Year 4</td><td>Year 5</td></tr><tr><td>Company A revenue</td><td>1,000</td><td>1,300</td><td>1690</td><td>2197</td><td>2856</td></tr><tr><td>Company A costs</td><td>500</td><td>600</td><td>720</td><td>864</td><td>1036.8</td></tr><tr><td>Company A profit</td><td>500</td><td>700</td><td>970</td><td>1333</td><td><b>1820</b></td></tr><tr><td>Company B revenue</td><td>1,000</td><td>1,300</td><td>1690</td><td>2197</td><td>2856</td></tr><tr><td>Company B costs</td><td>500</td><td>600</td><td>720</td><td>864</td><td>1036.8</td></tr><tr><td>Company B marketing</td><td>100</td><td>140</td><td>196</td><td>274.4</td><td>384</td></tr><tr><td>Company B profit</td><td>400</td><td>560</td><td>774</td><td>1058.6</td><td><b>1436</b></td></tr></tbody></table><p>As you can see, company A ends up at $1,820 in profit after five years, while company B ends up at $1,612. Company A has a 29.48% CAGR growth rate in profit, while company B grows noticeably slower, at 29.12%. And, of course, Company A&#39;s profit is much higher at the end of the period.</p><h2>Financials</h2><p>Before getting into my DCF model for Tesla, I have to explore its financials. It’s not enough to simply project a company’s earnings growth trend into the future, we need to look at the components that make up earnings to really gauge where profits are headed. In addition, we need to factor in variables that haven’t been reported yet but are known to be important, such as rising costs of raw materials.</p><p>With that in mind, I’ve put together a table with Tesla’s most important earnings-related metrics for the last five years.</p><table><colgroup></colgroup><tbody><tr><td></td><td><p>2017</p></td><td><p>2018</p></td><td><p>2019</p></td><td><p>2020</p></td><td><p>2021</p></td></tr><tr><td><p>Revenue</p></td><td><p>$11.75B</p></td><td><p>$21.46B</p></td><td><p>$24.57B</p></td><td><p>$31.53B</p></td><td><p>$53.8B</p></td></tr><tr><td><p>Cost of sales</p></td><td><p>$9.53B</p></td><td><p>$17.42B</p></td><td><p>$20.51B</p></td><td><p>$18.9B</p></td><td><p>$40.2B</p></td></tr><tr><td><p>Operating expenses</p></td><td><p>$3.855B</p></td><td><p>$4.430B</p></td><td><p>$4.138B</p></td><td><p>$4.636B</p></td><td><p>$7B</p></td></tr><tr><td><p>Total costs</p></td><td><p>$13.385B</p></td><td><p>$21.85B</p></td><td><p>$24.64B</p></td><td><p>$23.56B</p></td><td><p>$47.2B</p></td></tr><tr><td><p>Adjusted EPS</p></td><td><p>$-1.80</p></td><td><p>$-0.27</p></td><td><p>$0.03</p></td><td><p>$2.24</p></td><td><p>$6.78</p></td></tr></tbody></table><p>Based on the numbers above, we get growth rates of:</p><ul><li><p>36% CAGR in revenue.</p></li><li><p>28% CAGR in costs.</p></li></ul><p>If historical trends were to continue into the future, we would expect growing profits. In my estimate, Tesla’s profits will in fact grow. However, we can’t just project past growth into the future. We need to know what factors are going to drive growth in revenue and costs going forward.</p><p>Revenue is hard to predict because it depends on many factors: demand, supply chains, availability of raw materials and more. We could start from what industry experts are expecting for the market: Facts and Factors expects 24.5% CAGR growth in EVs to 2027. We also know that $53 billion is an enormous amount of revenue, which means that future revenue growth is unlikely to match that observed in the past. We would expect some deceleration. On the other hand, Tesla has advantages over other EV companies, such as brand recognition, a network of charging stations, and free social media advertising. So, we have reasons to expect deceleration, as well as reasons to think Tesla will outperform the industry. So, I’ll estimate Tesla’s future revenue growth at 30% CAGR–above the industry average but slower than Tesla in the past.</p><p>Estimating Tesla’s costs is a bit easier. We know that car manufacturing is a high variable cost business and that costs increase with each car. So costs will correlate with revenue somewhat. Additionally we know that Tesla’s suppliers are charging it higher prices this year. So, I’ll estimate that total costs grow at 29% CAGR–essentially I’m expecting the past cost trend to continue but nudging it up 100 basis points to reflect this year’s supplier price hikes.</p><p>The only step left before doing our earnings forecast is to convert the raw ingredients into per share amounts. In its most recent quarter, Tesla had 1.157 billion shares outstanding, so:</p><ul><li><p>The $53.8 billion in revenue turns into $46.49 per share.</p></li><li><p>The $47.2 billion in costs turns into $40.79 per share.</p></li></ul><p>Starting with these amounts for the base year, we get (on a per share basis):</p><table><colgroup></colgroup><tbody><tr><td></td><td><p>base</p></td><td><p>2022</p></td><td><p>2023</p></td><td><p>2024</p></td><td><p>2025</p></td><td><p>2026</p></td></tr><tr><td><p>REV</p></td><td><p>$46.49</p></td><td><p>$60.43</p></td><td><p>$78.56</p></td><td><p>$102.13</p></td><td><p>$132.78</p></td><td><p>$172.61</p></td></tr><tr><td><p>COST</p></td><td><p>$40.79</p></td><td><p>$52.61</p></td><td><p>$67.87</p></td><td><p>$87.56</p></td><td><p>$112.95</p></td><td><p>$145</p></td></tr><tr><td><p>EBIT</p></td><td><p>$5.7</p></td><td><p>$7.82</p></td><td><p>$10.69</p></td><td><p>$14.57</p></td><td><p>$19.83</p></td><td><p>$27.61</p></td></tr></tbody></table><p>Based on these forecasts, we can do a simple DCF model on five years&#39; worth of Tesla&#39;s earnings:</p><table><colgroup></colgroup><tbody><tr><td></td><td></td><td></td><td></td><td></td><td></td><td><p>TOTAL</p></td></tr><tr><td><p>Cash flows</p></td><td><p>$7.82</p></td><td><p>$10.69</p></td><td><p>$14.57</p></td><td><p>$19.83</p></td><td><p>$27.61</p></td><td><p>N/A</p></td></tr><tr><td><p>(1+r)^n</p></td><td><p>1.083</p></td><td><p>1.172</p></td><td><p>1.27</p></td><td><p>1.375</p></td><td><p>1.489</p></td><td><p>N/A</p></td></tr><tr><td><p>Discounted CF</p></td><td><p>$7.22</p></td><td><p>$9.12</p></td><td><p>$11.47</p></td><td><p>$14.42</p></td><td><p>$24.03</p></td><td><p>$66.26</p></td></tr></tbody></table><p>So, our present value for 5 years’ worth of cash flows/EBIT is $66.26 per share. That’s not bad. The only step left is to find a terminal value for Tesla. I’ve assumed a discount rate of 8.3% for the purposes of this analysis. If Tesla’s earnings growth levels off to 4.5% after 5 years, then we get a terminal value of $759. So, we have approximately $66 in discounted cash flows, and a terminal value of $759. That leaves us with a fair value of $825.</p><h2>Why Tesla Eludes an Easy Valuation</h2><p>As I’ve showed, a basic DCF valuation would say that Tesla is worth $825–slightly more than it’s worth now. This valuation justifies a rating ranging from &#34;hold&#34; to a slight buy. That’s what we get with some reasonably conservative estimates of future growth. But before you buy TSLA based on this model, you need to consider some factors that could cause the stock to behave differently than expected.</p><p>One of these is accounting. Many analysts think that Tesla is aggressively recognizing and potentially overstating its revenue. Without fully endorsing this view, I can give plausible reasons someone would believe it.</p><p>For example, in fiscal 2021, Tesla reported $5.7 billion in inventory on hand. That was an increase of $1.7 billion from the same quarter a year before. The rate of growth in inventory accelerated as well: in the prior two years, inventory only grew in the hundreds of millions of dollars.</p><p>It could be that Tesla simply expects a lot more sales in 2022 and is holding inventory for that reason. However, some argue that Tesla simply isn’t selling as many cars as it claims it is. It is well known that Tesla collects cash for transactions that aren’t “sales.” We know, for example, that you can pre-order a Cybertruck, even though the truck isn’t being delivered. Under GAAP, you’re not supposed to count a payment as “revenue” until the product in question is delivered.</p><p>Could Tesla be bundling Cybertruck deposits with revenue to juice its sales numbers? Ultimately, we don’t know. Over the years, analysts have voiced many concerns with Tesla’s accounting. In addition to the one just mentioned, there have also been concerns about Tesla capitalizing inventory instead of expensing it, in order to boost its margins. If all of these things are going on, then Tesla’s revenue and profit are both being overstated. I do not claim that they are: there are other explanations for the peculiarities I noticed above. But, Tesla’s peculiar accounting is a risk factor to keep in mind.</p><h2>The Bottom Line</h2><p>The bottom line on Tesla is this:</p><p>If we can indeed take its financial statements at face value, then its stock is probably worth at least $800. As my discounted cash flow valuation shows, you get to $825 just by assuming five years of strong growth followed by an eternity of sluggish growth. It’s possible that Tesla will not meet the growth figures I estimated for the five-year period, but on the flipside, it could easily continue growing for much more than five years. So, TSLA’s current stock price is not totally unreasonable – assuming its accounting can be trusted.</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 - Fair Value Of $825</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 - Fair Value Of $825\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-05-11 11:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4509786-tesla-fair-value-of-825><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tesla, Inc. (NASDAQ:TSLA) has been a notoriously expensive stock for most of its history. It has traded well above 100 times sales in the past, today it trades at nearly 100 times earnings. Nobody ...</p>\n\n<a href=\"https://seekingalpha.com/article/4509786-tesla-fair-value-of-825\">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/4509786-tesla-fair-value-of-825","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2234623829","content_text":"Tesla, Inc. (NASDAQ:TSLA) has been a notoriously expensive stock for most of its history. It has traded well above 100 times sales in the past, today it trades at nearly 100 times earnings. Nobody doubts that Tesla has succeeded in becoming profitable, but still, some investors think the stock is overpriced. Tesla does trade at high multiples, but its growth is also very strong. In this article, I try to settle the Tesla valuation question with a discounted cash flow (“DCF”) model. Ultimately I arrive at a $825 valuation, giving it slight upside to today’s price. However, I rate the stock a hold rather than a buy, due to concerns about its accounting.Competitive LandscapeBefore getting into my analysis of Tesla’s fair value, I have to take a look at the company’s competitive position. In a few paragraphs, I will make a revenue growth estimate for Tesla that is above EV industry averages. A company needs a solid competitive position in order to out-grow its industry, so we need to establish Tesla does have a superior market position.Some of the companies Tesla competes with include:Volkswagen (OTCPK:VWAGY) - Second place in deliveries after Tesla, with 452,000 BEVs sold in 2021.BYD Motors (OTCPK:BYDDF) - Third place after Volkswagen, with 320,000 BEVs sold in 2021 (593,000 EVs total if you include hybrids).NIO (NIO) and Lucid Motors (LCID) - very small players but noteworthy for their “head to head” competition with Tesla. As luxury EV makers, they are playing the exact same game that Tesla is; VW and BYD ship different kinds of vehicles.Tesla is well ahead of the competition in pure-EV sedans. With 932,000 cars delivered in 2022, it sold more than double what VW did. Tesla’s dominance of the EV industry is lesser if you include trucks, trains and buses. By that standard, BYD, with 593,000 deliveries, is not too far behind Tesla.Can Tesla’s edge in electric cars continue?Right out of the gate, Tesla has an enormous competitive edge over its competitors in the form of free advertising. Elon Musk has one of the world’s biggest Twitter (TWTR) accounts, and he is in the process of “locking in” that advantage by buying Twitter. With 80 million Twitter followers, Musk can reach a lot of people without having to spend a penny on advertising. He uses this advantage to the fullest, getting free publicity through Tweets, TED talks and other unconventional channels. Generating “organic” publicity this way tends to produce superior margins, as it reduces the need for a marketing budget.It isn't easy to explain exactly how valuable Tesla's ability to market itself without paying money for advertising is, but a few points are worth keeping in mind:Tesla was named 2021's fastest growing brand by Visual Capitalist.Tesla was the world's fastest growing automaker in 2020.The company moved from 6th place to 3rd place in the list of world's most valuable automotive brands in 2022.... And all of this was achieved with no marketing budget to speak of! By contrast, Ford (F) spent $468 on marketing per each car sold in 2021.The advantage this provides Tesla is enormous. First of all, it empowers the company to spend way more money on R&D compared to the competition: at $2,984 per car sold, Tesla invests much more in research than the average car company. That can drive innovation over time.Second, this edge provides the potential for superior earnings growth. With lower costs come higher profits, and costs compound just like stock prices do. Below, you will see a model of two nearly identical companies, A and B, growing revenue by 30% and operating costs by 20%. The only difference is that company B has a marketing budget that starts at 10% of sales and grows by 40% per year. In the table below, you will see how much more profit company A has by the end of five years.Year 1Year 2Year 3Year 4Year 5Company A revenue1,0001,300169021972856Company A costs5006007208641036.8Company A profit50070097013331820Company B revenue1,0001,300169021972856Company B costs5006007208641036.8Company B marketing100140196274.4384Company B profit4005607741058.61436As you can see, company A ends up at $1,820 in profit after five years, while company B ends up at $1,612. Company A has a 29.48% CAGR growth rate in profit, while company B grows noticeably slower, at 29.12%. And, of course, Company A's profit is much higher at the end of the period.FinancialsBefore getting into my DCF model for Tesla, I have to explore its financials. It’s not enough to simply project a company’s earnings growth trend into the future, we need to look at the components that make up earnings to really gauge where profits are headed. In addition, we need to factor in variables that haven’t been reported yet but are known to be important, such as rising costs of raw materials.With that in mind, I’ve put together a table with Tesla’s most important earnings-related metrics for the last five years.20172018201920202021Revenue$11.75B$21.46B$24.57B$31.53B$53.8BCost of sales$9.53B$17.42B$20.51B$18.9B$40.2BOperating expenses$3.855B$4.430B$4.138B$4.636B$7BTotal costs$13.385B$21.85B$24.64B$23.56B$47.2BAdjusted EPS$-1.80$-0.27$0.03$2.24$6.78Based on the numbers above, we get growth rates of:36% CAGR in revenue.28% CAGR in costs.If historical trends were to continue into the future, we would expect growing profits. In my estimate, Tesla’s profits will in fact grow. However, we can’t just project past growth into the future. We need to know what factors are going to drive growth in revenue and costs going forward.Revenue is hard to predict because it depends on many factors: demand, supply chains, availability of raw materials and more. We could start from what industry experts are expecting for the market: Facts and Factors expects 24.5% CAGR growth in EVs to 2027. We also know that $53 billion is an enormous amount of revenue, which means that future revenue growth is unlikely to match that observed in the past. We would expect some deceleration. On the other hand, Tesla has advantages over other EV companies, such as brand recognition, a network of charging stations, and free social media advertising. So, we have reasons to expect deceleration, as well as reasons to think Tesla will outperform the industry. So, I’ll estimate Tesla’s future revenue growth at 30% CAGR–above the industry average but slower than Tesla in the past.Estimating Tesla’s costs is a bit easier. We know that car manufacturing is a high variable cost business and that costs increase with each car. So costs will correlate with revenue somewhat. Additionally we know that Tesla’s suppliers are charging it higher prices this year. So, I’ll estimate that total costs grow at 29% CAGR–essentially I’m expecting the past cost trend to continue but nudging it up 100 basis points to reflect this year’s supplier price hikes.The only step left before doing our earnings forecast is to convert the raw ingredients into per share amounts. In its most recent quarter, Tesla had 1.157 billion shares outstanding, so:The $53.8 billion in revenue turns into $46.49 per share.The $47.2 billion in costs turns into $40.79 per share.Starting with these amounts for the base year, we get (on a per share basis):base20222023202420252026REV$46.49$60.43$78.56$102.13$132.78$172.61COST$40.79$52.61$67.87$87.56$112.95$145EBIT$5.7$7.82$10.69$14.57$19.83$27.61Based on these forecasts, we can do a simple DCF model on five years' worth of Tesla's earnings:TOTALCash flows$7.82$10.69$14.57$19.83$27.61N/A(1+r)^n1.0831.1721.271.3751.489N/ADiscounted CF$7.22$9.12$11.47$14.42$24.03$66.26So, our present value for 5 years’ worth of cash flows/EBIT is $66.26 per share. That’s not bad. The only step left is to find a terminal value for Tesla. I’ve assumed a discount rate of 8.3% for the purposes of this analysis. If Tesla’s earnings growth levels off to 4.5% after 5 years, then we get a terminal value of $759. So, we have approximately $66 in discounted cash flows, and a terminal value of $759. That leaves us with a fair value of $825.Why Tesla Eludes an Easy ValuationAs I’ve showed, a basic DCF valuation would say that Tesla is worth $825–slightly more than it’s worth now. This valuation justifies a rating ranging from \"hold\" to a slight buy. That’s what we get with some reasonably conservative estimates of future growth. But before you buy TSLA based on this model, you need to consider some factors that could cause the stock to behave differently than expected.One of these is accounting. Many analysts think that Tesla is aggressively recognizing and potentially overstating its revenue. Without fully endorsing this view, I can give plausible reasons someone would believe it.For example, in fiscal 2021, Tesla reported $5.7 billion in inventory on hand. That was an increase of $1.7 billion from the same quarter a year before. The rate of growth in inventory accelerated as well: in the prior two years, inventory only grew in the hundreds of millions of dollars.It could be that Tesla simply expects a lot more sales in 2022 and is holding inventory for that reason. However, some argue that Tesla simply isn’t selling as many cars as it claims it is. It is well known that Tesla collects cash for transactions that aren’t “sales.” We know, for example, that you can pre-order a Cybertruck, even though the truck isn’t being delivered. Under GAAP, you’re not supposed to count a payment as “revenue” until the product in question is delivered.Could Tesla be bundling Cybertruck deposits with revenue to juice its sales numbers? Ultimately, we don’t know. Over the years, analysts have voiced many concerns with Tesla’s accounting. In addition to the one just mentioned, there have also been concerns about Tesla capitalizing inventory instead of expensing it, in order to boost its margins. If all of these things are going on, then Tesla’s revenue and profit are both being overstated. I do not claim that they are: there are other explanations for the peculiarities I noticed above. But, Tesla’s peculiar accounting is a risk factor to keep in mind.The Bottom LineThe bottom line on Tesla is this:If we can indeed take its financial statements at face value, then its stock is probably worth at least $800. As my discounted cash flow valuation shows, you get to $825 just by assuming five years of strong growth followed by an eternity of sluggish growth. It’s possible that Tesla will not meet the growth figures I estimated for the five-year period, but on the flipside, it could easily continue growing for much more than five years. So, TSLA’s current stock price is not totally unreasonable – assuming its accounting can be trusted.","news_type":1},"isVote":1,"tweetType":1,"viewCount":426,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"9000000000000733","authorId":"9000000000000733","name":"littlesweetie","avatar":"https://static.tigerbbs.com/43a0aed7518f515997f95ed495391d65","crmLevel":1,"crmLevelSwitch":0,"idStr":"9000000000000733","authorIdStr":"9000000000000733"},"content":"Now Musk is totally distracted by Twitter, making Tesla company performance less certain. The next few years will be a tough fight for Tesla. It would be nice if the CEO was paying attention to Tesla 24x7.","text":"Now Musk is totally distracted by Twitter, making Tesla company performance less certain. The next few years will be a tough fight for Tesla. It would be nice if the CEO was paying attention to Tesla 24x7.","html":"Now Musk is totally distracted by Twitter, making Tesla company performance less certain. The next few years will be a tough fight for Tesla. It would be nice if the CEO was paying attention to Tesla 24x7."}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9037787426,"gmtCreate":1648182687299,"gmtModify":1676534314463,"author":{"id":"4101085584242060","authorId":"4101085584242060","name":"HariSugi","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":9,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4101085584242060","authorIdStr":"4101085584242060"},"themes":[],"htmlText":"Apple will definitely hit $200. $200 is only 15% increase from today's price. Historically,&nbsp;apple did better than that.&nbsp;","listText":"Apple will definitely hit $200. $200 is only 15% increase from today's price. Historically,&nbsp;apple did better than that.&nbsp;","text":"Apple will definitely hit $200. $200 is only 15% increase from today's price. Historically, apple did better than that.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9037787426","repostId":"1166297754","repostType":4,"repost":{"id":"1166297754","kind":"news","pubTimestamp":1648180249,"share":"https://ttm.financial/m/news/1166297754?lang=&edition=fundamental","pubTime":"2022-03-25 11:50","market":"us","language":"en","title":"Apple Stock Price Target: Why One Analyst Sees AAPL Hitting $200 Within 12 Months","url":"https://stock-news.laohu8.com/highlight/detail?id=1166297754","media":"InvestorPlace","summary":"AAPL could see strong iPhone demand this year","content":"<html><head></head><body><p><b>Apple</b> (NASDAQ:<b><u>AAPL</u></b>) stock is on the move Thursday as investors react to a positive price target for the company’s shares.</p><p>Wedbush analyst Daniel Ives is behind that as he reiterated his “outperform” rating for AAPL stock. For the record, the consensus rating among analysts for AAPL shares is a “buy” based on 31 opinions.</p><p>Moving on to that Apple stock price target, the Wedbush analyst continues to see the company’s shares hitting $200 each within the next 12 months. That’s above the analyst consensus rating of $190.28. It also represents a potential 17.5% upside from the stock’s closing price of Wednesday.</p><p>So why is Ives taking such a bullish stance on AAPL stock? It all has to do with demand for the tech company’s iPhone line. The analyst points to recovering supply chains in Asia that could result in a massive upgrade cycle for Apple.</p><p>Ives bases this on demand for the company’s upcoming iPhone 14, as well as strong performance for its recently launched iPhone SE. He believes this could create the strongest product cycle that Apple has seen since 2015.</p><p>Wedbush is far from the only firm taking a bull stance on AAPL shares recently. Earlier this week, J.P. Morgan stood by its “overweight” rating and $210 price target for Apple stock. It cited continued strong demand for the iPhone 13 in 2022 as the reason for this.</p><p>AAPL stock rose 2.3% as of closing afternoon but is still down about 2% since the start of the year.</p><p><img src=\"https://static.tigerbbs.com/6c929dd80027782586a78ccfe1a9c97d\" tg-width=\"842\" tg-height=\"618\" width=\"100%\" height=\"auto\"/></p></body></html>","source":"lsy1606302653667","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 Price Target: Why One Analyst Sees AAPL Hitting $200 Within 12 Months</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 Price Target: Why One Analyst Sees AAPL Hitting $200 Within 12 Months\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-03-25 11:50 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2022/03/apple-stock-price-target-why-one-analyst-sees-aapl-hitting-200-within-12-months/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Apple (NASDAQ:AAPL) stock is on the move Thursday as investors react to a positive price target for the company’s shares.Wedbush analyst Daniel Ives is behind that as he reiterated his “outperform” ...</p>\n\n<a href=\"https://investorplace.com/2022/03/apple-stock-price-target-why-one-analyst-sees-aapl-hitting-200-within-12-months/\">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://investorplace.com/2022/03/apple-stock-price-target-why-one-analyst-sees-aapl-hitting-200-within-12-months/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1166297754","content_text":"Apple (NASDAQ:AAPL) stock is on the move Thursday as investors react to a positive price target for the company’s shares.Wedbush analyst Daniel Ives is behind that as he reiterated his “outperform” rating for AAPL stock. For the record, the consensus rating among analysts for AAPL shares is a “buy” based on 31 opinions.Moving on to that Apple stock price target, the Wedbush analyst continues to see the company’s shares hitting $200 each within the next 12 months. That’s above the analyst consensus rating of $190.28. It also represents a potential 17.5% upside from the stock’s closing price of Wednesday.So why is Ives taking such a bullish stance on AAPL stock? It all has to do with demand for the tech company’s iPhone line. The analyst points to recovering supply chains in Asia that could result in a massive upgrade cycle for Apple.Ives bases this on demand for the company’s upcoming iPhone 14, as well as strong performance for its recently launched iPhone SE. He believes this could create the strongest product cycle that Apple has seen since 2015.Wedbush is far from the only firm taking a bull stance on AAPL shares recently. Earlier this week, J.P. Morgan stood by its “overweight” rating and $210 price target for Apple stock. It cited continued strong demand for the iPhone 13 in 2022 as the reason for this.AAPL stock rose 2.3% as of closing afternoon but is still down about 2% since the start of the year.","news_type":1},"isVote":1,"tweetType":1,"viewCount":390,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4093854476996450","authorId":"4093854476996450","name":"Remotecam","avatar":"https://community-static.tradeup.com/news/f856a0a30bd0fa23a086fc678014e48b","crmLevel":6,"crmLevelSwitch":1,"idStr":"4093854476996450","authorIdStr":"4093854476996450"},"content":"$Apple(AAPL)$ Exactly. If this \"bull run\" continues, $200 is no sweat!","text":"$Apple(AAPL)$ Exactly. If this \"bull run\" continues, $200 is no sweat!","html":"$Apple(AAPL)$ Exactly. If this \"bull run\" continues, $200 is no sweat!"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9002271447,"gmtCreate":1642033438344,"gmtModify":1676533673777,"author":{"id":"4101085584242060","authorId":"4101085584242060","name":"HariSugi","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":9,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4101085584242060","authorIdStr":"4101085584242060"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$</a>Will be heading to $1200 in one week time.&nbsp;","listText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$</a>Will be heading to $1200 in one week time.&nbsp;","text":"$Tesla Motors(TSLA)$Will be heading to $1200 in one week time.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9002271447","isVote":1,"tweetType":1,"viewCount":392,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9002950781,"gmtCreate":1641898154112,"gmtModify":1676533659771,"author":{"id":"4101085584242060","authorId":"4101085584242060","name":"HariSugi","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":9,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4101085584242060","authorIdStr":"4101085584242060"},"themes":[],"htmlText":"Kick ass number from China &nbsp;👍","listText":"Kick ass number from China &nbsp;👍","text":"Kick ass number from China 👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9002950781","repostId":"2202204276","repostType":4,"repost":{"id":"2202204276","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1641891141,"share":"https://ttm.financial/m/news/2202204276?lang=&edition=fundamental","pubTime":"2022-01-11 16:52","market":"us","language":"en","title":"Tesla sold 70,847 China-made vehicles in December-CPCA","url":"https://stock-news.laohu8.com/highlight/detail?id=2202204276","media":"Reuters","summary":"BEIJING, Jan 11  - U.S. electric vehicle maker Tesla Inc    sold 70,847 China-made vehicles in December, including 245 for export, the China Passenger Car Association  said on Tuesday.Tesla, which is making Model 3 sedans and Model Y sport-utility vehicles in Shanghai, sold 52,859 China-made vehicles in Novermber, including 21,127 that were exported.Chinese EV makers Nio Inc    delivered 10,489 cars last month, increasing by 49.7% year on year, and Xpeng Incdelivered 16,000 vehicles. $Volkswagen","content":"<html><head></head><body><p>BEIJING, Jan 11 (Reuters) - U.S. electric vehicle maker Tesla Inc    sold 70,847 China-made vehicles in December, including 245 for export, the China Passenger Car Association (CPCA) said on Tuesday.</p><p>Tesla, which is making Model 3 sedans and Model Y sport-utility vehicles in Shanghai, sold 52,859 China-made vehicles in Novermber, including 21,127 that were exported.</p><p>Chinese EV makers Nio Inc    delivered 10,489 cars last month, increasing by 49.7% year on year, and Xpeng Inc delivered 16,000 vehicles. <a href=\"https://laohu8.com/S/VLKAF\">Volkswagen AG</a>    said it sold over 13,787 ID. series EVs in China in December, the fourth consecutive month in which the ID. family has delivered more than 10,000 units in China.</p><p>CPCA said passenger car sales in December in China totalled 2.14 million, down 7.7% from a year earlier.</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 sold 70,847 China-made vehicles in December-CPCA</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 sold 70,847 China-made vehicles in December-CPCA\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-01-11 16:52</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>BEIJING, Jan 11 (Reuters) - U.S. electric vehicle maker Tesla Inc    sold 70,847 China-made vehicles in December, including 245 for export, the China Passenger Car Association (CPCA) said on Tuesday.</p><p>Tesla, which is making Model 3 sedans and Model Y sport-utility vehicles in Shanghai, sold 52,859 China-made vehicles in Novermber, including 21,127 that were exported.</p><p>Chinese EV makers Nio Inc    delivered 10,489 cars last month, increasing by 49.7% year on year, and Xpeng Inc delivered 16,000 vehicles. <a href=\"https://laohu8.com/S/VLKAF\">Volkswagen AG</a>    said it sold over 13,787 ID. series EVs in China in December, the fourth consecutive month in which the ID. family has delivered more than 10,000 units in China.</p><p>CPCA said passenger car sales in December in China totalled 2.14 million, down 7.7% from a year earlier.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4505":"高瓴资本持仓","BK4504":"桥水持仓","BK4099":"汽车制造商","BK4548":"巴美列捷福持仓","NIO":"蔚来","BK4532":"文艺复兴科技持仓","BK1575":"同股不同权","BK4531":"中概回港概念","BK4534":"瑞士信贷持仓","BK4555":"新能源车","BK4533":"AQR资本管理(全球第二大对冲基金)","BK1539":"汽车股","BK4509":"腾讯概念","BK1588":"回港中概股","BK4527":"明星科技股","09868":"小鹏汽车-W","TSLA":"特斯拉","BK4526":"热门中概股","BK4550":"红杉资本持仓","BK1119":"汽车制造商","BK1587":"次新股","BK4551":"寇图资本持仓"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2202204276","content_text":"BEIJING, Jan 11 (Reuters) - U.S. electric vehicle maker Tesla Inc    sold 70,847 China-made vehicles in December, including 245 for export, the China Passenger Car Association (CPCA) said on Tuesday.Tesla, which is making Model 3 sedans and Model Y sport-utility vehicles in Shanghai, sold 52,859 China-made vehicles in Novermber, including 21,127 that were exported.Chinese EV makers Nio Inc    delivered 10,489 cars last month, increasing by 49.7% year on year, and Xpeng Inc delivered 16,000 vehicles. Volkswagen AG    said it sold over 13,787 ID. series EVs in China in December, the fourth consecutive month in which the ID. family has delivered more than 10,000 units in China.CPCA said passenger car sales in December in China totalled 2.14 million, down 7.7% from a year earlier.","news_type":1},"isVote":1,"tweetType":1,"viewCount":401,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"followers","isTTM":true}