It took Tesla 18 years to get to this point. VW narrow the gap quickly. Not sure why you think Tesla can expand the lead when the trend is opposite.
OT: Stock and Investment Thread
- Thread starter RU05
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Your “moving faster” argument would have been perfectly acceptable a year or two ago. But, it is now the legacy auto companies that are moving faster relative to Tesla because they have plenty of ground to make-up. What Tesla zealots also ignore is that a Tesla automobile is not for everyone. The entire world will not be driving Teslas. There will be many EV choices and all of the technology and innovations that the Tesla crew tout on this board mean little, if anything, to average Joe that stumbles into a dealership on a Saturday afternoon looking to make the EV leap.
OMG... I don't know what to say. Compare the current battery numbers. Then compare by 2023, then 2025, then 2030. This isn't difficult.
I'm a big crypto guy, but the NFT space reeks of Nov 2017 BTC mania. NFT's are here to stay, but what we're currently seeing is going to crash and burn mightily. It's comical too how CNBC is running with the story, almost like they're seeting up the market to collapse, judt like they did with GME.
It's apples to oranges, BUT the user data and road data Tesla has over its peers is staggering. Tesla is already the EV winner, and will be the self-driving vehicle winner due to its data
I grabbed a ton of ARKK last Fri/Mon on the big dips and grabbed more this AM. I didnt go heavy today as I still think there's good chance of a further dip in the coming days/weeks. Either way, I'm very content at my price of $111
Tesla “user data and road data” - so what?
Do you realize that the total number of Teslas currently on the road relative to the entire auto industry is like comparing a flea to an elephant. Just about every auto manufacturer has user/road data.
+1
I worked my ARKK price down to $122'ish over the past month.
BTC just hit $60k again.
Cramer crapping on the bond market and traders for today's hissy fit, great stuff! Can't beat the fed:
VW is a tough competitor with deep pockets...no arguing that.
"UBS anticipates that VW can seriously challenge Tesla's leadership in sales volumes by 2022 “driven by a plethora of [new EV] launches.”
VW is already the top EV seller in Europe — Dan Levy, an analyst at Credit Suisse, wrote in a recent research report that in Europe VW climbed to the leading position in the all-electric car market in 2020, with a 24% market share, up from 13% in the prior year, while Tesla’s comparative share in Europe plunged from 29% in 2019 to 13% last year.
David Trainer, CEO of New Constructs, an investment research firm in Nashville, says VW has at least one big advantage over Tesla – scale."
https://www.forbes.com/sites/palash...t-with-software-or-batteries/?sh=1f69975565b6
"UBS anticipates that VW can seriously challenge Tesla's leadership in sales volumes by 2022 “driven by a plethora of [new EV] launches.”
VW is already the top EV seller in Europe — Dan Levy, an analyst at Credit Suisse, wrote in a recent research report that in Europe VW climbed to the leading position in the all-electric car market in 2020, with a 24% market share, up from 13% in the prior year, while Tesla’s comparative share in Europe plunged from 29% in 2019 to 13% last year.
David Trainer, CEO of New Constructs, an investment research firm in Nashville, says VW has at least one big advantage over Tesla – scale."
https://www.forbes.com/sites/palash...t-with-software-or-batteries/?sh=1f69975565b6
Wrong. This is referring to data collected to train neural networks.
Bought some LMT and NOC, adding to my GD and HII in the defense sector.
Defense looks like the last of the value holdouts, looking for a run here.
Edit: I guess I shouldn't say that in regards to the last of the value holdouts. Big pharma still looks cheap.
Defense looks like the last of the value holdouts, looking for a run here.
Edit: I guess I shouldn't say that in regards to the last of the value holdouts. Big pharma still looks cheap.
If anyone really cared about neural network data, at least at the present time, we would all be buying IBM’s stock and not TSLA. Not to mention that when Joe Farmer in Nebraska decides to finally buy an EV years from now he is going to stumble into a Ford dealership on a sunny afternoon and not give a crap about lithium cells, neural networks, autopilot, etc. It’s almost as if Tesla owners and shareholders don’t realize that the US goes beyond CA, NY, NJ, FL, and TX. Again, Tesla will have a firm position in the auto industry but no auto manufacturer will dominate in the new EV world.
I bought some IBM.
Super cheap already with earnings expected to grow significantly this year compared to last(though rev's look pretty stagnant).
I'm up 7% in a couple weeks.
I think RIDE getting beat up here will become a buying oppurtunity. Yes, they def exaggerated where they were in terms of orders. But unlike some of these other EV plays(whether that be the cars or the batteries) these guys are not that far off from actually selling stuff.
And in building trucks, they are in a different market then TSLA.
I'll wait to see how much more fallout is there, but I'll probably dip a toe eventually.
And in building trucks, they are in a different market then TSLA.
I'll wait to see how much more fallout is there, but I'll probably dip a toe eventually.
I've been eyeballing that as well. Prob going to hold off as I'm too deep into the EV space, but if it dips below $10 I might jump on the ride.
Yup, so easy. Also easy to see that VW, GM and Ford’s stock price is all outperforming TSLA. Guess the market thinks they are closing the gap.
I tend to agree. I’m actually eyeing medical device/supply as reopening play between delayed procedures and the theory that more people out and about means more hospital visits. IHI?
CNBC is obviously pretty pissed at RIDE given that the CEO not long ago said they had "serious orders" on their airwaves. Rerunning againa and again this mornings interview in which he squirmingly admits that there are no actual signed orders, going as far as saying thats not how the industry works.
Have to watch those tangled webs.
Have to watch those tangled webs.
My main health sciences fund (PRHSX) has been soft for the past few months. Looking through the portfolio via Morningstar, it is full of undervalued companies (4 or 5 star MS stocks). Lots of room to grow!
Seems like everything is having a breather today. XOM down 5% and Chervon down about 3%.
If I cared what the market thought, I wouldn't have been buying Tesla when short interest was about 30-40%.
Very topical. Their CEO played for Izzo at Michigan State. They are in a war of sorts with Rocket Mortgage who now is the named sponsor of Michigan State’s basketball team. Rocket is owned by Sparty alum Dan Gilbert. So much drama lol.
UWMC has been an oft pumped former spac by Twitter pump and dump operations. Makes sense that there is WSB chatter now.
That thought cuts both ways, as those short sellers were shorting the stock because the market had prices at a level which they thought was already too high.
So two opposite views at play there.
Don’t you care about returns? I’m not talking about what market thinks. I’m talking about a beat down in stock returns YTD.
Amazon makes a deal for Thursday night NFL games:
Thursday night football is the dog of the NFL TV schedule.
Bigger story there imo is Disney getting in on the NFL just a week or so after signing a deal for the NHL. I imagine streaming games on ESPN+ is the plan here.
Given the 12 month performance, YTD is kind of whatever.
Now, to your point, saying "I don't care what the market thinks" is a lot easier to say when the stock is up 7x. I doubt he'd say that if it continues it's pull back to the point where he's in the red on the trade.
Cramer has the CEO of Magna on now. Old timey car parts manufacturer that is transitioning to EV, including building full cars, recently teamed up with FSR.
Looks a little pricey at 38x p/e, but really good looking estimated earnings growth in the coming years.
Looks a little pricey at 38x p/e, but really good looking estimated earnings growth in the coming years.
I'm an investor, not a gambler. I will not be selling a single share this decade. The recent dip has allowed me to add to my position, so no complaints from me.
I had/have a feeling Q1 and Q2 are going to be flat. Retooling of S and X + model 3 shut down b/c of semiconductor shortage. This is all in the Fremont factory. Shanghai is full go on the 3, but still not fully ramped up on the Y. If the new battery lines in Berlin and/or Austin experience delays, this lull could extend further. There have been some rumors of production issues with the new 4680 cells. I believe I shared this with you already.
Once Berlin and Austin are full go....look out. Both will produce 2 million vehicles/year.
Lol... sounds good. I'll send my autonomous VTOL to pick you up and bring you to my island