Tesla Stock

“Elon Musk says”. Elon doesn’t always tell the truth. That is an established fact.
There are no facts that Elon takes drugs, not sure what the story here is. Im not defending the guy. Im not saying he tells the truth.
But you need facts, as in drug tests. NASA spent 5 million dollars to investigate, actually gave it to Tesla.
BTW- I hope if there is a cover-up in NASA that it gets exposed and heads roll. Maybe the WSJ will finally be able to get un-redacted information, if there is a question, then we have a right to know.

I want facts, anything I read in the press means nothing without facts. It's easy to trash someone without them, we used to burn witches in the USA. @ArrestMeRedZ provides one example. Accusers are rarely vetted and people eager to take their word for anything when there is a wealthy person involved. Americans run on hearsay instead of facts.

With that said, there are many in Washington that hate him, you would think, if there was a smoking gun (no pun intended) a certain political party would have made sure it would get known to the public.
I suspect with all the publicity the results will have to be made public, after all, your paycheck pays their salaries. (seems l have to keep reminding young people of that, and some old) If Musk is guilty of something, we need the proof. I cant read the WSJ it's a paywall and I dont want to pay them.

BTW- For those that do not know, I do not think too much of Tesla automobiles. I think the looks are stale for what is supposed to be a successful company and worthy of selling at P/E multiples 100's of times higher then the most successful automobile companies of the last 50 years and Tesla only turned Profits for 3 years.
 
Last edited:
I agree, he is all over the place and personally I think, now that Tesla is off the ground he is hurting the company more than helping.
But with that said, he owns his others companies, in Tesla he is just an employee, nothing more, hired by the Board of Directors at Tesla as CEO. He can be fired at any time, so clearly the Board who is elected by the shareholders feels he is well worth it to Tesla. (at the moment)
Not if he holds the majority of shares. He’s boss with a backup parachute. 🪂 I wouldn’t put it past him.
 
Not if he holds the majority of shares. He’s boss with a backup parachute. 🪂 I wouldn’t put it past him.
Even though he owns a significant amount, Elon Musk only owns 21% of the shares in Tesla that leaves another 79%

Many don’t know Elon Musk has been fired before. He was removed from what is now called PayPal. (Formerly X)They waited till he went on vacation and replaced him as the company merged with another to ultimately be called PayPal.
 
Well today announced another underwhelming quarter for Tesla.
Short of expectations, net profit down, roughly 50% from 2022 and the stock is getting hammered in after hours trading.
As of this post, approximately 50% off its high of a couple years ago.

It’ll take a day to digest the numbers and be able to read up on it, the above was my first impressions and the following days and weeks definitely are going to be an interesting one is my thinking
 
My guess is they’ll regress into “just another carmaker” before long. Dare I even say they’ve become “legacy auto” now…

The cars are all getting old. Cybertruck and 4680 promised the moon, but are barely average. Dojo is pretty much dead. Optimus is a scam - a fully autonomous AI cyborg robot building copies of itself and making cars? Yeah right… Maybe in 20 years. Or maybe 50 years. FSD is nowhere near what they promised it would be capable of doing by 2017.

Tesla solar still hasn’t gone anywhere. But stationary storage is doing well.

They have very good software and a great charging network. Beyond that 🤷🏼‍♂️
 
Last edited:
The market is priced to perfection. Perfection doesn't exist. So the stock will get cut. Its only down 6% after hours. My guess is that will be worse tomorrow. You can't have a P/E of 67 with declining performance.

Never mistake stock performance with a good or bad company. It can go either direction - good company/bad stock - bad company/great stock. The market is not always rational. Read Benjamin Graham's book (Warren Buffets Mentor).

Either way I think old Elon will be OK.
 
The "miss" is marginal, is only a miss against "analyst expectations", and the results themselves were objectively solid - but this being Tesla, the sky is falling...

Still worth what, the next what, 8 or more companies combined?
The market expects incredible results from Tesla. TSLA is a roller coaster and I ain't selling.
 
Its 2024 vehicle volume-growth rate “may be notably lower than the growth rate achieved in 2023, as our teams work on the launch of the next-generation vehicle at Gigafactory Texas,”
 
The "miss" is marginal, is only a miss against "analyst expectations", and the results themselves were objectively solid - but this being Tesla, the sky is falling...

Still worth what, the next what, 8 or more companies combined?
The market expects incredible results from Tesla. TSLA is a roller coaster and I ain't selling.
Tesla claim to fame is sustained growth rate. If they cant achieve that, then they are essentially worthless to investors.
I was wrong about Tesla bumping sales prices to capture more of the ev credit, I think we are in for more price reductions or freebies like charger installation, supercharging credits etc, possibly subvented leases and finance rates.
 
The "miss" is marginal, is only a miss against "analyst expectations", and the results themselves were objectively solid - but this being Tesla, the sky is falling...

Still worth what, the next what, 8 or more companies combined?
The market expects incredible results from Tesla. TSLA is a roller coaster and I ain't selling.
The miss was on earnings estimates the analysts had already revised lower in the last 3 months.

The growth projections are bad as well - so future growth is slower. So your sitting on a 60+ P/E with the CEO talking declining growth rates.

If things as are they seem its pretty substantial news.
 
Musk needs to go, the decision to dump a ton of R&D funds into a truck as unpractical and unscalable as the CT was a huge blunder. The rest of the product line is stale, how old are the S and X? The 3 got a warm over but it's clearly a long overdue and underwhelming mid cycle refresh.
 
The miss was on earnings estimates the analysts had already revised lower in the last 3 months.

The growth projections are bad as well - so future growth is slower. So your sitting on a 60+ P/E with the CEO talking declining growth rates.

If things as are they seem its pretty substantial news.
Time will tell. I am a long term investor.
 
Time will tell. I am a long term investor.

"SAN FRANCISCO (Reuters) — Tesla CEO Elon Musk said on Wednesday that Chinese automakers will "demolish" global rivals without trade barriers, underscoring the heat the U.S. electric vehicle market leader faces from the likes of BYD, who are racing to expand worldwide."

With this guy at the helm double dipping both ends of the sea and only now whining (about what exactly?), look out below.
 
Last edited:
"SAN FRANCISCO (Reuters) — Tesla CEO Elon Musk said on Wednesday that Chinese automakers will "demolish" global rivals without trade barriers, underscoring the heat the U.S. electric vehicle market leader faces from the likes of BYD, who are racing to expand worldwide."

With this guy at the helm double dipping both ends of the sea and only now whining (about what exactly?), look out below.
It's nice to have ICE vehicles to manufacture and sell. It will help the legacies. Since EVs are far more expensive to manufacture and ICE in the USA will at least for a few decades be the majority of sales they will be able to under cut the EV market and make better than normal markups. Im not saying everything is gravy. The consumer wins with the China manufacturing threat.
Im all for American (truly)but give me price over all else for one simple reason, every corporation in the USA buys whatever they can from China and Asia to resell to us anyway.
Even as we move away from China we are not leaving Asia. Even though it's better, is it really the lessor or two evils right now?
I got a new Apple Watch 9 a few days ago. Made in Vietnam.

We will never see trade barriers here. Well, never say never but it will hurt us more then help.
 
Premarket trashing so far, will be an interesting day. Anything can happen, I would THINK there could be a re-bound but it would be like playing with fire to day trade a stock selling at 60+ times earnings with disappointment after disappointment and not even close to its predictions by Musk a couple years back. Yet, playing with fire sometimes can be rewarding as long as you have the money to lose if you are wrong. Ill pass, so far. The CEO has taken a pass saying he no longer knows which was earnings will go this year.


Screenshot 2024-01-25 at 8.43.40 AM.png


https://www.investors.com/news/tesl...-gen-vehicle-elon-musk/?src=A00220&yptr=yahoo
 
Once again the "expectations" were unrealistic and were calculated by financial experts who persist upon evaluating TSLA the same way that they would any other automaker. Or tech stock for that matter.

They day traders and short term traders are apoplectic at the moment. How many times have we seen this before ? It's still worth about 10X what I paid for it. And I won't need to take any profits in order to fund my retirement for several years. In fact I'd be OK even without TSLA in my portfolio.

I'm sure I will utter some four and twelve letter words when I check the market later today. But I'll get over it quickly. Tesla is still doing better than any of their competitors and still several years ahead of them in technology and manufacturing techniques. They can afford price cuts if necessary. Can any other EV maker ?

The wailing and gnashing of teeth and headlines calling the Q4 2023 earnings report a "trainwreck" are so much clickbait. It's fashionable to bash Elon and EV's at the moment, I expect it from some. But betting against him may not turn out so well in a few short years.
 
Back
Top Bottom