Tesla 2024

I was not one to believe exponential growth would continue, but growth is still growth, unlike most auto makers. Musk stated in Q4 23 that 2024 would be a flat year and Q1 seems to confirm that.
I think we may be in for a surprise with Tesla Energy though, something you've never even considered.
 
VicBee said:
I was not one to believe exponential growth would continue, but growth is still growth, unlike most auto makers. Musk stated in Q4 23 that 2024 would be a flat year and Q1 seems to confirm that.
I think we may be in for a surprise with Tesla Energy though, something you've never even considered.
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Q1 TSLA was worst performing stock in the S&P 500 so I'd say a bit more than flat.

I notice they raised prices both here and in China (??? about this). Change of strategy, holding on to market share? Could it be that profits and margins do matter?

Re Tesla Energy, you should realize by now all I consider is what the stock market does. Not what it should do or what it might do in the future. Only what it has and currently is doing.

All else is hypothetical.
 
SunTrader said:
Q1 TSLA was worst performing stock in the S&P 500 so I'd say a bit more than flat.

I notice they raised prices both here and in China (??? about this). Change of strategy, holding on to market share? Could it be that profits and margins do matter?

Re Tesla Energy, you should realize by now all I consider is what the stock market does. Not what it should do or what it might do in the future. Only what it has and currently is doing.

All else is hypothetical.
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Q1 sales number is flat, which explains the poor stock performance.

Your measuring Tesla stock against other auto stocks and summarize it's overvalued. But you don't consider its other active profit centers, like Energy, which may explain why TSLA is trading a multiples of other manufacturers.
You also don't want to factor in forward looking developments like FSD, Dojo, bots, solar panels, etc. all of which should some day add value that no other auto makers can replicate (except perhaps the Chinese).
Nonetheless, TSLA is in the dumpster and that comforts your bias. I'm just gonna hang on to my shares and see.
 
VicBee said:
Q1 sales number is flat, which explains the poor stock performance.

Your measuring Tesla stock against other auto stocks and summarize it's overvalued. But you don't consider its other active profit centers, like Energy, which may explain why TSLA is trading a multiples of other manufacturers.
You also don't want to factor in forward looking developments like FSD, Dojo, bots, solar panels, etc. all of which should some day add value that no other auto makers can replicate (except perhaps the Chinese).
Nonetheless, TSLA is in the dumpster and that comforts your bias. I'm just gonna hang on to my shares and see.
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Q1 sales number if I'm not mistaken, has not been released yet? After the close tomorrow is what I read?

But no I am not measuring Tesla stock price or performance against other auto or tech companies. You continue to do that. And sometimes I respond to that but based on you mentioning it first.

What I do continue to talk about is Tesla stock price and performance ... against itself. Because in the end that is all that matters with any stock. And that is how I form my "bias".

A stock going down for a couple of years (worst S&P 500 stock in current quarter), margins shrinking, more and more competitors entering their space is not IMO a good candidate to buy. And any company not worth buying today is a company not worth holding if bought yesterday.

I'm just posting my 2 cents, in no way looking to change anyone's mind. Just giving my opinion as the stock market is referred to as a market of opinions. But its plain as day what the current market place opinion is of TSLA.
 
gwb-trading said:
Elon Musk’s Companies in Crisis as Tesla Sales Dive, Twitter Tanks, And SpaceX Stalls
https://dailyboulder.com/elon-musks...a-sales-dive-twitter-tanks-and-spacex-stalls/
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Lol, is this an AI generated article?
Tesla sales dive?.. Q1 24 is higher than Q1 22 but lower than Q1 23. Calling that a dive is like saying...

Space X stalls?
https://en.m.wikipedia.org/wiki/Lis... 2023 Falcon 9 family,(61 successful) in 1980.

Or Twitter tanks? ( Tells you how long ago that article was generated). 174 million daily users on X. I'm not a fan of the platform but X isn't tanking just yet.
 
"X isn't tanking just yet." So does ad revenue need to be down 90% to be considered a tanking?

Will you believe what Fidelity says?

Fidelity's Blue Chip Growth Fund devalued its stake in X by 5.7% to $5.28 million, reflecting a 73% drop since Musk's acquisition. X struggles with ad revenue, missing its $3 billion target by about $500 million due to advertiser concerns over content moderation. - 3/30/24
 
SunTrader said:
"X isn't tanking just yet." So does ad revenue need to be down 90% to be considered a tanking?

Will you believe what Fidelity says?

Fidelity's Blue Chip Growth Fund devalued its stake in X by 5.7% to $5.28 million, reflecting a 73% drop since Musk's acquisition. X struggles with ad revenue, missing its $3 billion target by about $500 million due to advertiser concerns over content moderation. - 3/30/24
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If X fails maybe Elon Musk would be left without a megaphone... :sneaky:. I like the idea!
 
VicBee said:
If X fails maybe Elon Musk would be left without a megaphone... :sneaky:. I like the idea!
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I like it too. Both for his companies sake, and the rest of us.

But unfortunately there would still be "Truth" Social (till OrangeMan is the new BlackMan in prison) as well as whatever would take X's place.

Because about the only place on the planet opinions can be suppressed these days is North Korea. So like the little boy with his finger in the dike it all spills out there one way or another.
 
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