Following my previous article on Tesla, let's talk about China EV counters. These EV counters had been quite calm since the huge rally in July. Investors are probably waiting for this wave of correction to end before opening a new position in these stocks. So, do you think the correction wave will finish soon or the stocks will continue remain at a consolidation phase for incoming weeks? XPEV Similar to Tesla, XPeng is also forming a symmetrical triangle pattern since mid August. The fluctuation range is getting smalller at this consolidation phase I believe XPeng will have a higher chance to breakout upwards instead of downwards. It should choose its direction pretty soon. I am $XPeng Inc.(XPEV)$ for
Many EV makers that couldn't scale production to bring down cost will fail or bankrupt. Till today only Tesla & BYD makes profit. BYD profits are thin and unable to bring down cost to compete 🤔
Tesla Should Sell Stock to Raise Capital to Pressure EV Rivals, Says Strategist
Tesla worked hard over the years to become a profitable maker of electric vehicles. Now one analyst thinks it needs more capital, and should issue more stock to help extend its lead over the EV competition."If I were advising Tesla , I would recommend an equity issuance of $10 billion to $15 billion as soon as possible," wrote Datatrek cofounder, and former automotive analyst, Nicholas Colas in a Wednesday note.It's out-of-the-box thinking, as Tesla ended the second quarter with some $23 billion in cash on its books. Free cash flow generated in the first half of the year amounted to about $1.4 billion. Wall Street projects the company will generate another $4.8 billion in the second half.Tesla didn't always generate that much cash. From 2009 to 2018, Tesla used about $9.2 billion in external capital to build its business. Tesla turned free-cash-flow positive around 2019. From 2019 through the second quarter, Tesla has generated almost $18 billion in free cash flow.Whether the company w
When big player want to buy cheap. NIO is a good Company. Because of his battery swap & upcoming new phone that can update it history & updating software into the NIO veh. We don't know how it will play out a few years to come. Many investors still see it as short-term. Because still a long way for Company. Because he started slower then his competitors. Are already ahead in Sales & branding. Not many people know about Nio. What's NIO Company? unless u do your own research Or u are buying a car where NIO sell that veh in that special country. Like for example. Nio competitors chinese brands has it cars in Singapore. BYD/MG. But NIO only has it stock exchange here. Is considering far ahead from its branding to promotes to others. Not many
Who writes thrash like this ? China is the largest market for European car manufacturers, and Europe cannot afford to risk Chinese retaliation. Without China, the European luxury car market, particularly for German cars, would suffer significantly. In fact if China will retaliate, luxury brand like Nio will win the German luxury market in China. This is good news either way! Q3 will be a massive record Quarter That is the cause of the huge increase in bashers that has shown up here recently. Citadel and friends are desperate to cover. Everything points to 60,000+ cars sold in the quarter, that equates to at least 3 Billion US$ in Car sales, In addition to this$738.5 million in new capital from a fund owned by the Abu Dhabi government.
$Rivian Automotive, Inc.(RIVN)$ Sideways then down a bit or down for me on this one. It's in my portfolio (and$XPeng Inc.(XPEV)$ which I put bearish for a slight dip then back with upwards momentum) so 🤞 I am wrong about that and both stocks go up!
XPENG and DIDI's "Marriage": Win-Win Co-operation, Complementary Advantages
DIDI's dream of delving into the transportation and automotive industries is being realized in another way.On the morning of August 28th, DIDI and XPENG jointly announced that they would reach a strategic cooperation. According to the cooperation content, DIDI will sell its holding subsidiary responsible for the smart car business to XPENG Automobile for HKD 5.835 billion (USD 744 million) with conditions.It is reported that after this strategic cooperation, DIDI will cooperate with XPENG in multiple fields, including the research and development of new intelligent electric vehicles, as well as the operation, marketing, financial and insurance services, charging, autonomous driving, and joint development of the international market with XPENG Motors on the DID
Chengdu Auto Show：AITO, NIO or BMW? Who will cross the Rubicon River？
Nowadays, the official data released is getting fewer and fewer, and the morning of the first day of Media Day is slightly deserted. In the afternoon, ordinary audiences are gradually entering, and the crowd is still surging. But looking over the entire first weekend, it wasn't even as exciting as the Chengdu Auto Show that was cut off last year, and even the scalpers at the entrance were a bit disappointed. In the entire joint venture car industry segment, there are only two booths worth visiting: one is the Ford Beyond that showcases Bronco and Ranger (strictly not a joint venture), and the other is the Hyundai that released the performance car Elantra N (which is actually an imported car). In every car show these years, we have been talking about the increasing volume of the
Chengdu Auto Show：Who will cross the Rubicon River？AITO, NIO or BMW?
Nowadays, the official data released is getting fewer and fewer, and the morning of the first day of Media Day is slightly deserted. In the afternoon, ordinary audiences are gradually entering, and the crowd is still surging. But looking over the entire first weekend, it wasn't even as exciting as the Chengdu Auto Show that was cut off last year, and even the scalpers at the entrance were a bit disappointed. In the entire joint venture car industry segment, there are only two booths worth visiting: one is the Ford Beyond that showcases Bronco and Ranger (strictly not a joint venture), and the other is the Hyundai that released the performance car Elantra N (which is actually an imported car). In every car show these years, we have been talking about the increasing volume of the domes
What a continuous dissapointing weeks for EV long investors this month! This round of pullback was very significant. Tesla Let's start with the big boss. The recent pullback is probably due to the investors sold off action mainly on the fear sentiment that the company's sales could be hit by waning demand and the price cuts will erode Tesla gross margins. After being retraced for 30% from the peak, I believe $Tesla Motors(TSLA)$ should find its support around 200-210 USD. There's a strong resistance here early this earlier and this neckline should turn into a critical support now. Do be aware in case this level is broken in near future. TSLA daily chart RIVN As another electric vehicles and accessorie
$NIO Inc.(NIO)$ has potential to fill the gaps in the EV market for more affordable vehicles, however if I were NIO, I would be looking at a cheaper model or two for the single people who won't be able to afford to drive when/if the EV targets come into effect in various countries who have committed to deadlines, such as Australia. China is our close neighbour and it would make sense to import from China in order to try to have a range of EVs that the lower income earner can afford. I really worry that many people will just not be able to afford new or used EVs because I suspect the used EVs will be limited and hold their value due to demand. If the supply for affordable EVs isn't there, due to the lack of them within
Rivian Quad-Motor R1S Is the First Production EV to Tackle the Gritty Rubicon Trail
Rivian’s new Quad-Motor R1S electric SUV just became the first production EV to tackle the Rubicon Trail, recognized as one of (if not the) most demanding off-road trails in North America.
Xpeng Q2 Earnings Preview: No Big Surprises, but H2 Outlook Expected to Improve Meaningfully
Deutsche Bank expects Xpeng to report mixed results for the second quarter, while the outlook for the third and fourth quarters will show meaningful sequential improvement driven by a strong G6 order
Very bad weeks for EV sector in August after the long rally in July. For this week, I continue to be bearish for $XPeng Inc.(XPEV)$ Bearish. There are a few main reasons to justify my point of view. Earnings Xpeng will report its unaudited financial results for the second quarter on Friday, August 18, before the US markets open. For Xpeng's second-quarter earnings, no big surprises are expected, while the outlook for the third and fourth quarters will show meaningful sequential improvement driven by a strong G6 order book. As there is no any big positive surprise, the stock will not shoot up high probably. Technical Technical wise, let's look at XPeng chart. It fails to sustain the uptrend
Following my previous article on Tesla, let's talk about China EV counters. These EV counters had been quite calm since the huge rally in July. Investors are probably waiting for this wave of correction to end before opening a new position in these stocks. So, do you think the correction wave will finish soon or the stocks will continue remain at a consolidation phase for incoming weeks? XPEV Similar to Tesla, XPeng is also forming a symmetrical triangle pattern since mid August. The fluctuation range is getting smalller at this consolidation phase I believe XPeng will have a higher chance to breakout upwards instead of downwards. It should choose its direction pretty soon. I am $XPeng Inc.(XPEV)$ for
Chengdu Auto Show：AITO, NIO or BMW? Who will cross the Rubicon River？
Nowadays, the official data released is getting fewer and fewer, and the morning of the first day of Media Day is slightly deserted. In the afternoon, ordinary audiences are gradually entering, and the crowd is still surging. But looking over the entire first weekend, it wasn't even as exciting as the Chengdu Auto Show that was cut off last year, and even the scalpers at the entrance were a bit disappointed. In the entire joint venture car industry segment, there are only two booths worth visiting: one is the Ford Beyond that showcases Bronco and Ranger (strictly not a joint venture), and the other is the Hyundai that released the performance car Elantra N (which is actually an imported car). In every car show these years, we have been talking about the increasing volume of the
Chengdu Auto Show：Who will cross the Rubicon River？AITO, NIO or BMW?
Nowadays, the official data released is getting fewer and fewer, and the morning of the first day of Media Day is slightly deserted. In the afternoon, ordinary audiences are gradually entering, and the crowd is still surging. But looking over the entire first weekend, it wasn't even as exciting as the Chengdu Auto Show that was cut off last year, and even the scalpers at the entrance were a bit disappointed. In the entire joint venture car industry segment, there are only two booths worth visiting: one is the Ford Beyond that showcases Bronco and Ranger (strictly not a joint venture), and the other is the Hyundai that released the performance car Elantra N (which is actually an imported car). In every car show these years, we have been talking about the increasing volume of the domes
XPENG and DIDI's "Marriage": Win-Win Co-operation, Complementary Advantages
DIDI's dream of delving into the transportation and automotive industries is being realized in another way.On the morning of August 28th, DIDI and XPENG jointly announced that they would reach a strategic cooperation. According to the cooperation content, DIDI will sell its holding subsidiary responsible for the smart car business to XPENG Automobile for HKD 5.835 billion (USD 744 million) with conditions.It is reported that after this strategic cooperation, DIDI will cooperate with XPENG in multiple fields, including the research and development of new intelligent electric vehicles, as well as the operation, marketing, financial and insurance services, charging, autonomous driving, and joint development of the international market with XPENG Motors on the DID
If Tesla Q2 Earning's Good On 19 July, Sell / Hold?
$Tesla Motors(TSLA)$ will be reporting its Q2 2023 earnings on Wed, 19 Jul 2023 after market closing. It is natural that investors’ focus will be on Tesla’s profit quantum earned during the past 3 months. When it comes to investment (especially mid to long term), do we ask ourselves - is “dollars & cents” the only criterion-dimension for assessment? See below. I think the article is a timely reminder for us, retail investors. For every stock that we invest our hard-earned monies, is there a bigger picture in the background while we trace & track the stock’s performance? Mr Gary Black, co-founder & managing partner of Future Fund, has provided his estimates on Tesla’s Q2 earnings. He predicts, Tesla’s adjusted earnings per share
50 Core points of $TSLA's Business & Forecasts Mentioned in the Conference Call
Key points from $Tesla Motors(TSLA)$ ‘s Q2 Earnings conference call.Musk said that even with a slight drop in production capacity this year, $Tesla Motors(TSLA)$ will still meet its delivery target of 1.8 million.The most Musk-style sentence is that the demand for Cybertruck is too great, and you can’t even see where the demand boundary is.And, Tesla said it is negotiating with an auto giant to authorize its Fully Self-Driving (FSD) driver assistance technology, and allow current FSD users to transfer their qualifications to a new car in Q3.Below are 50 points related to Q2 earnings, fully self-driving technology development , Dojo supercomputer, Humanoid Robot Optimus, Cybertruck, Supercharger Business,T
Last night, after Tesla released its financial report, the stock price plummeted by 9.74%. Could this be the signal of a new round of plunge?Looking back, Tesla $Tesla Motors(TSLA)$ 's previous surge was driven by a skyrocketing valuation due to the rebound in sales. At the beginning of the year, Tesla's price-to-earnings ratio (P/E) dropped to below 30PE:As of yesterday, Tesla's P/E ratio remains as high as 74 times.Regarding sales, the delivery volume in the first half of the year increased by 57% compared to the previous year, and the strategy of price reduction and promotion played a role. But the downside is that the gross profit margin continued to decline in the second quarter, reaching only 18.19%.According to Musk, Tesla is more focused o
All the news is taken from CNEVPost. This is the summary of recent developments of BYD. The news is reported in July 2023. Global Market expansions BYD has brought its flagship SUV, the Tang EV, to Ecuador, having already debuted three other models in the South American country. BYD is bringing its electric vehicles (EVs) to more countries as the Chinese new energy vehicle (NEV) maker tries to expand its international presence. The company launched EVs in Chile, Brunei, and Morocco in the past few days in its latest move in international markets. BYD has brought the Dolphin to the Australian, Brazilian and Singaporean markets in the past 10 days. On May 24, BYD Dolphin was launched in Hong Kong. In the past 10 days, BYD has brought the Dolphin to the Australian, Brazilian and Si
$Tesla Motors(TSLA)$ 10% gain from a quick scalp from TSLA on Friday. The company celebrated the production kickoff in a Saturday morning tweet that showed a photo of the vehicle surrounded by hundreds of employees in hard hats at Tesla's plant in the Austin area, where the company is now based. Price action rejected off double top last Friday. ⚠️ Looking at calls above 282.75 and puts below 278.78 on Monday. Elon is trying to hype it up towards earnings as usual - pump up the volume before the dump again? 😅 First Cybertruck built at Giga Texas! 🤠 Tesla's official Twitter handle shared a photo of the first Cybertruck that rolled off the production line of the Giga Texas, which was surrounded by the f
How I Look At Tesla (TSLA) Earnings Release (19 Jul Post)
$Tesla Motors(TSLA)$ is scheduled to release their Q2 earnings on 19 Jul after market close. I believe some of us who have been following TSLA earnings would notice that its share price tank after the last earnings report released in April 19. The Q1 2023 earnings TSLA EPS meet the forecast, nothing less or more. So how would the earnings report be looked at differently this time. In this article I shall examine how TSLA share price have moved during its earning report release and how it has been trading during technical analysis both in the past earnings (Q1) and the upcoming latest one (Q2). TSLA Earnings Data The EPS forecast this time is only 0.79 as compared to 0.85 in the last quarter, does this mean that market is expecting TSLA revenue to
Unusual Options talks?(7.7) Rivian takes over Tesla?
July 6 and July7 saw divergent market trends, with fluctuations in major technology companies, creating a phase of speculative trading.One significant development is the weakening momentum of $Tesla Motors(TSLA)$ . Since returning from the National Day holiday, whether it continues to rise or experiences a pullback, the volatility is not as significant as before. This situation has created more opportunities for other companies.Looking at the abnormal options trading on July 7, it is evident that $Rivian Automotive, Inc.(RIVN)$ is reaping the benefits. RIVN's continuous surge has also led to increased activity in options trading. With its implied volatility generally above 110%, the higher volatility has
XPeng: EV Slowdown Is Taking A Toll (Rating Downgrade)
$XPeng Inc.(XPEV)$ : EV Slowdown Is Taking A Toll (Rating Downgrade)SummaryChinese EV start-up XPeng has seen a significant downturn in its delivery prospects, with June deliveries down 43% Y/Y due to rising pricing pressure, increased competition and weakening demand.The company's Q2'23 outlook is also weak, with expected deliveries between 21,000 and 22,000, a potential Y/Y decline of up to 39%.Despite the launch of a new EV, the G6, XPeng's delivery prospects should be expected to remain weak in an increasingly competitive market.Robert WayXPeng (NYSE:XPEV) has seen a rather dramatic downturn in its delivery growth rates in the Chinese electric vehicle market this year. The Chinese EV start-up delivered only 8,620 electric vehicles in the month
SummaryI am downgrading Rivian following its release of Q2 production and delivery figures as the company's share price has soared 53% since the end of June.The surge in Rivian's share price is likely due to the company's Q2 production figures, which soared 218% Y/Y, as well as the unwinding of short positions.Despite these strong Q2 results, RIVN's shares are expensive and strongly overbought based on RSI. Investors buying now accept huge correction risks.hapabapaLess than two weeks ago, on the last day of June, I submitted my work about electric vehicle company Rivian Automotive $Rivian Automotive, Inc.(RIVN)$ to Seeking Alpha called Rivian: Now A Short Squeeze Candidate. I upgraded Rivian Automotive to hold because Rivian was a heavily shorted
XPeng: EV Slowdown Is Taking A Toll (Rating Downgrade)
SummaryChinese EV start-up XPeng has seen a significant downturn in its delivery prospects, with June deliveries down 43% Y/Y due to rising pricing pressure, increased competition and weakening demand.The company's Q2'23 outlook is also weak, with expected deliveries between 21,000 and 22,000, a potential Y/Y decline of up to 39%.Despite the launch of a new EV, the G6, XPeng's delivery prospects should be expected to remain weak in an increasingly competitive market.Xpeng Motors car store with customersRobert WayXPeng (NYSE:XPEV $XPeng Inc.(XPEV)$ ) has seen a rather dramatic downturn in its delivery growth rates in the Chinese electric vehicle market this year. The Chinese EV start-up delivered only 8,620 electric vehicles in the month of June, s
SummaryNIO's stock may have finally found a bottom, surging by about 60% off the $7 ultra-low achieved six weeks ago.However, despite NIO's considerable run-up, its stock remains dirt cheap.NIO's stock trades at about two times this year's revenue estimates and just 1.2 times 2024's projected sales.NIO should become increasingly profitable as its revenues continue increasing, enabling its multiple to expand in the coming years.NIO's stock should go much higher long term, making NIO a top buy-and-hold candidate for the next 5-10 years.NIO logo and the Nio"s user center, NIO HouseAndy FengNIO Inc.'s (NYSE:NIO $NIO Inc.(NIO)$ ) stock has skyrocketed by about 60% in six weeks. The company's stock price rebounded strongly off the extreme low around
Lucid: Q2 Delivery Update Was The Final Straw (Rating Downgrade)
SummaryLucid Group fell short of Q2 delivery estimates, raising concerns about its demand situation.The company produced 2,173 electric vehicles in Q2 and delivered 1,404 electric vehicles, falling short of the expected delivery volume of 2,000 EVs.Although Lucid has a strong balance sheet and lots of cash, the Q/Q drop in production and flat delivery growth indicate growing risks to the company's FY 2023 production target.Revenue downside revisions could further add pressure on Lucid's valuation.Lucid Air Touring sedan display at the Service Center. Lucid Motors is a manufacturer of luxury EV Electric Vehicles.jetcityimageLucid Group (NASDAQ:LCID $Lucid Group Inc(LCID)$ ), unfortunately, delivered a disappointing delivery card for the second-quar
When big player want to buy cheap. NIO is a good Company. Because of his battery swap & upcoming new phone that can update it history & updating software into the NIO veh. We don't know how it will play out a few years to come. Many investors still see it as short-term. Because still a long way for Company. Because he started slower then his competitors. Are already ahead in Sales & branding. Not many people know about Nio. What's NIO Company? unless u do your own research Or u are buying a car where NIO sell that veh in that special country. Like for example. Nio competitors chinese brands has it cars in Singapore. BYD/MG. But NIO only has it stock exchange here. Is considering far ahead from its branding to promotes to others. Not many
Battle of the Sectors: Tech vs. EV ETFs - Performance, Inflows, and Factors at Play
Ladies and gentlemen, welcome to the showdown between the titans of the exchange-traded fund (ETF) world: the technology (tech) sector and the electric vehicle (EV) sector. These two sectors have been the talk of the town, captivating investors with their potential for astronomical growth. In this analysis, we will dive into their performance, inflows, factors driving ETF flows, the infamous lag between flows and performance, and the prospects for catching up in the second half of the year. So, fasten your seat belts and let's embark on this exciting journey! Performance: The performance dynamics between tech ETFs and EV ETFs have shown interesting trends. As of July 13, 2023, tech ETFs have outperformed EV ETFs on a year-to-date basis. The Tech Sector ETF has returned 17.3% year-to-date,
Who writes thrash like this ? China is the largest market for European car manufacturers, and Europe cannot afford to risk Chinese retaliation. Without China, the European luxury car market, particularly for German cars, would suffer significantly. In fact if China will retaliate, luxury brand like Nio will win the German luxury market in China. This is good news either way! Q3 will be a massive record Quarter That is the cause of the huge increase in bashers that has shown up here recently. Citadel and friends are desperate to cover. Everything points to 60,000+ cars sold in the quarter, that equates to at least 3 Billion US$ in Car sales, In addition to this$738.5 million in new capital from a fund owned by the Abu Dhabi government.