Tesla -12% Did you buy the dip?
Here are the positive reasons investors should consider buying$Tesla Motors(TSLA)$
1/ Elon reaffirmed that the more affordable ($25-$30K) TSLA vehicle will start deliveries in 2025/1H. This is classic TAM expansion by leveraging a premium brand to lower-price segments. Elon was deliberately vague to prevent Osborne effect on more expensive models.
2/ Robotaxi event on 10/10 will instill confidence in investors that TSLA will be first to introduce generalized unsupervised FSD.
3/ TSLA Energy business continues to soar: TSLA 2Q Energy gross profits increased +200% vs 2023/2Q. In 2Q Energy was 16% of TSLA gross profits vs 11% in 1Q.
4/ We expect at least one other OEM will give up on autonomy and instead license TSLA’s FSD technology.
5/ While auto gross margins ex-reg FD hit new 36-month lows in 2Q, the switch to 0-2% financing deals instead of further price cuts is positive (loan rate buy downs can be reversed any time, doesn’t hurt residual values, doesn’t train consumers to wait for more deals).
6/ Auto gross margins still being negatively impacted by Cybertruck ramp. By 2025 when CT is delivering 25K trucks/qtr (11K in 2Q), TSLA CT should be able to turn a profit.
7/ China 3Q sales are off to their best start in 5 quarters, as TSLA China extended its 0% financing promotion.
8/ Once the Fed starts cutting rates (100% odds implied for Sept), long duration (high P/E stocks) should respond the most, assuming we’re not headed into recession.
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Buy under 200 sell over 300, easy peasy
this company is immune to whatever political targeting no matter who wins. $500 soon!
Cathy Woods is buying more Tesla, you know what that means 📈 better cover shorties!!!!
$320 will be here before you know it, easy swing trade
Going straight to $180 before we see any bounces. I also said we would go straight to $260 back when we broke $220 3 weeks ago.
My target at $205, if still fall, then at $185