Tesla 2024
- Thread starter VicBee
- Start date
Haha American obsession in same post stating they are still #1, meanwhile how many Tesla 2023 posts do you have attacking anyone who questioned whether Tesla was then or would be in the future no longer number one? Answer too many. Same circular logic Elon uses.
You're the archetypal TSLAQ. So easy to debunk. You've spent all of 2023 and earlier to dismiss its achievements, from production to sales numbers and profit margins. Yet again, you've be wrong. Tesla is doing just fine.
You're not all wrong though. My 300 year end didn't materialize, so you get a gold star. Easier to go after my predictions than Tesla's achievements.
Let's see what 2024 brings us. You've been wrong for so many years that maybe this time you will be right, or not.
That's an amazingly even growth rate. That explains the perpetually high P/E of TSLA. I count its roughly an average of 53%/yr for 10 years.
Its obvious there's Tesla and then there is everyone else, at least the US.
Every time it approaches monthly down trendline "they" sell. Just fine huh.
And no it is you who has been wrong about what matters most - profit margins. Production and Sales numbers are the equivalent of the small child everyone gets a participation trophy variety.
Basic math. A growth rate <> average rate.
Growth rate is either growing or contracting. No in between.
Look at Q4 2021, 2022, 2023:-
2021 a little over 300k, 2022 a little over 400k, 2023 a little under 500k.
Again, you make it so easy. Just go to macrotrends.net, it will give you everyone to compare Tesla with.
To make it easy, net profit margins as of 09/30/23.
F 3.54%
GM 5.83%
TSLA 11.21%
In the next few years, your stats are going to come back and slap you in the face, you will not know what hit you. Mark it, dude. @vanzandt
(And you may ask why I feel that way. Mmm hmmm). I am no Bobby Valentine, but I have an intimation of a bit.)
I don't even know what you're saying
Why do you compare to others, especially those two which are basically ICE SUV/Truck Manufacturers?
Does Microsoft get compared to IBM? Does Google get compared to Yahoo. Of course not. They get compared to themselves (they are the leaders in their sphere).
And as I have said again and again TSLA margins get compared to their margins from prior quarters. That is what Wall Street looks at. You choose to put on blinders.
WhyTheFreak do you think stock price that was once $414 can't stay above $250 very long?
Declining margins.