Tesla 2023

[VicBee]

I don't assume anything - I read what Wall Street says and sorry margins have been going down recently. Why else do I keep repeating it? Actually I don't know why I bother repeating it - to you.

There were at the top of the industry and may still be. But Wall Street doesn't buy top or best in class of anything. They may hold if things overall are not great for all companies. Flexibility lol.

They buy and buy and buy ... growth in margins.

You're the one assuming investors don't care about margins, they care about sales and being number one.

They do, after they first look at margins.

You're being disingenuous. Your point is that Tesla is in some kind of trouble because it's cutting its margin, yet:

https://fiatgroupworld.com/2023/04/...big conclusion from,the second in the ranking.

Margin are important, relative to others in the car manufacturing industry. Tesla remains the world's most profitable car marker based on margins and volume.

 

[VicBee]

From Benzinga:

Lucid Group Inc (NASDAQ:LCID) CEO Peter Rawlinson was the highest-paid automotive CEO in 2022 as per a survey, and Tesla Inc (NASDAQ:TSLA) CEO Elon Musk has a word of caution about it.

What Happened: According to data from Equilar CEO Compensation Survey, Rawlinson’s total compensation touched $379 million in 2022, 11 times more than General Motors Co (NYSE:GM) CEO Mary Barra who had a total compensation of about $34 million. James Farley, CEO of Ford Motor Co (NYSE:F) ranks third among automaker CEOs in terms of their total compensation with $18 million.

Responding to the survey, Musk wrote, “Beware any company where leadership compensation is not linked to performance.” Rawlinson was formerly the chief engineer for Tesla‘s Model S.

Beware any company where leadership compensation is not linked to performance
— Elon Musk (@elonmusk) September 4, 2023

In 2022, Lucid produced 7,180 vehicles, exceeding the 2022 annual production guidance of 6,000 to 7,000 vehicles, and delivered 4,369 vehicles. The company also reported an annual revenue of over $608 million.

Musk’s Pay Package: Musk, meanwhile, took no salary from the company in 2022. However, this is only because the CEO has taken no cash salary from the company since 2019 when he took $23,760.

Musk, instead, holds shares in Tesla and options that grant him the right to purchase more at a fraction of the price if the company hits particular financial targets.

As of the end of 2022, Musk owned more than 423 million shares of the EV maker, representing a 13.4% stake in the company. Tesla shares closed at $245 per share on Monday, up 19,041% since listing.

Musk is also presently the richest person in the world with a net worth of $248.8 billion as per Forbes‘s real-time billionaires list.

 

[SunTrader]

You're being disingenuous. Your point is that Tesla is in some kind of trouble because it's cutting its margin, yet:

https://fiatgroupworld.com/2023/04/26/ferrari-and-tesla-the-worlds-most-profitable-carmakers/#:~:text=The other big conclusion from,the second in the ranking.

Margin are important, relative to others in the car manufacturing industry. Tesla remains the world's most profitable car marker based on margins and volume.

Stop with the ... you are being.

As I've said many times (I have to do that a lot with you) I don't own/hold/trade TSLA. But those that do have spoken. Every time Elon cuts prices which fanbois praise, margins are cut and then the stonk price is cut. Not rocket high finance science.

And like I said yesterday yep Tesla might still be most profitiable and it means d... to a knowledgeable informed investor that wants more, not most.

Otherwise they either just hold (and if a lot do that price just "holds") or they sell. While Fanbois ... hope.

 

[VicBee]

Stop with the ... you are being.

As I've said many times (I have to do that a lot with you) I don't own/hold/trade TSLA. But those that do have spoken. Every time Elon cuts prices which fanbois praise, margins are cut and then the stonk price is cut. Not rocket high finance science.

And like I said yesterday yep Tesla might still be most profitiable and it means d... to a knowledgeable informed investor that wants more, not most.

Otherwise they either just hold (and if a lot do that price just "holds") or they sell. While Fanbois ... hope.

You sure appear a lot on this Tesla thread for someone who doesn't partake. Might want to try it some day, you might make some money.

Btw, you are wrong. Most fanbois wish for the margins to stay high because, they think, Teslas sell themselves. I believe Tesla needs to sell more cars and take a greater share of the auto market, high margin is short term thinking.

Yesterday you wanted high margins (like the fanbois), today you don't want the most but more... More what?

I've got TSLA around 315 by very early October. I'm sure you'll have a reason to complain if it hits the mark.

 

[deaddog]

I've got TSLA around 315 by very early October.

Simply Wallst does a discounted cashflow model and comes up with much less.

 

[mervyn]

two things going on with every stock valuation, eps expansion/contraction, and p/e expansion/contraction.

we are seeing p/e expansion above the average this year, on hopes, so be it.

i am not chasing highs here with these names but do short puts to pick up the pennies, over 60% cash now and waiting...

sold 212.5 puts 3 weeks out...

 

[mervyn]

emailed my dealer, put my name on the waiting list... looks cool.

https://www.engadget.com/mercedes-benz-teases-a-smaller-cheaper-g-wagon-luxury-ev-173321784.html

 

[VicBee]

Simply Wallst does a discounted cashflow model and comes up with much less.

View attachment 322476

Tesla is one of the more polarizing company today. You can find plenty of opinions and analyses from either side of the spectrum with wildly contradictory results. In the end, it's who you believe, what you believe and, most importantly, what you are going to do about it.

 

[deaddog]

Tesla is one of the more polarizing company today. You can find plenty of opinions and analyses from either side of the spectrum with wildly contradictory results. In the end, it's who you believe, what you believe and, most importantly, what you are going to do about it.

I couldn't agree more. I'm curious how you came up with 315 as a target?
From what I can find the analysts have an average target of 242. the high estimate is 350 and the low is 85. The recommendations are 7 strong buys, 1 moderate buy, 15 holds and 3 strong sells. (To me a hold = run like Hell)
That being said I have as much faith in analysts as I have in weather forecasters and politicians.
Bright note: It's up today in a down market.

 

[VicBee]

I couldn't agree more. I'm curious how you came up with 315 as a target?
From what I can find the analysts have an average target of 242. the high estimate is 350 and the low is 85. The recommendations are 7 strong buys, 1 moderate buy, 15 holds and 3 strong sells. (To me a hold = run like Hell)
That being said I have as much faith in analysts as I have in weather forecasters and politicians.
Bright note: It's up today in a down market.

I base my projections on historical trends, what pushed the stock up or down, and what's in the pipeline for Tesla in the short (weeks to months), mid (3 years) and long (5+ years) term.
I don't believe or care if TSLA hits 1000 in 10 years. I care that it hits 500 (or split equivalent) in 2025, and I'm on record in a previous post for that projection (and 400 in 2024).