Tesla share price

AnotherJoe

lardellion said:

Username999 said:

YellowStarling said:

Michael Burry (of May 2005-April 2007 subprime mortgage short fame) has allegedly opened a short position against Tesla in recent days.

I like Michael Burry, but he's made a mistake with Tesla.
Shorters have lost an estimated $35 Billion on Tesla.

Looks like a lot of things will have to work out really well in the future for Tesla to justify a valuation of $616 billion. I'm not shorting, but I also don't want to own any Tesla at this price. I don't see how a bull case that makes Tesla a good buy at this valuation can be likely to work out.

Ark's 12 different financial scenarios makes them still severely undervalued (these are pre split numbers so divide by 5).

Currently price is about at "high functioning EV company".

These numbers are from 2018, they aren't someone who just jumped on a bandwagon. Most people at the time of course jumped all over them even for the $750 valuation.

AnotherJoe

AnotherJoe said:

Shocking_Blue said:

Just wondered if there was any other way into this EV revolution, other than TESLA.
Thanks.
Was going to stick this in a separate thread, but as it's sort of related, future energies-wise, nuclear has been off the radar for a while. But, I think the future energy demands will make the switch to nuclear something to consider. Investment-wise, not sure which way to go on this (guess at punt-level). Have even though seen recent discussions of nuclear in the use of vehicle, although that's some time off.  Sure loads will disagree. Ignore if not relevant to the thread.

And then there are battery suppliers which are needed to complement Solar and Wind. A lot of different ones some just a part of bigger conglomerates so hard to make a clean investment that doenst include other stuff. Panasonic and LG Chem for example.  For a real punt Quantumscape but that sounds too good to be true. But maybe I'm passing a massive opportunity like when i didnt buy Amazon 15 years ago. Maybe I'll buy a little tomorrow if HL will let me.

Just watched this, they dont seem to have anything in batteries that Tesla doesn't or wont have before QS. https://www.youtube.com/watch?v=fwTgNSXV92I

Username999

AnotherJoe said:

I would be shocked, horrified, and selling up.

What on earth would one of those bring to the party?

Elon Musk did not rule it out in the Axel Springer Award interview.
See this video from 5:30 minutes in..
https://www.youtube.com/watch?v=JHPfP7Mi_RI

Moe_The_Bartender

Shocking_Blue said:

Just wondered if there was any other way into this EV revolution, other than TESLA.
Thanks.
Was going to stick this in a separate thread, but as it's sort of related, future energies-wise, nuclear has been off the radar for a while. But, I think the future energy demands will make the switch to nuclear something to consider. Investment-wise, not sure which way to go on this (guess at punt-level). Have even though seen recent discussions of nuclear in the use of vehicle, although that's some time off.  Sure loads will disagree. Ignore if not relevant to the thread.

You don’t need to buy a manufacturer to get EV action. Buy SBE which is the SPAC for Chargepoint. EV manufacturers will come and go but the vehicles all need fuel.

AnotherJoe

Moe_The_Bartender said:

Shocking_Blue said:

Just wondered if there was any other way into this EV revolution, other than TESLA.
Thanks.
Was going to stick this in a separate thread, but as it's sort of related, future energies-wise, nuclear has been off the radar for a while. But, I think the future energy demands will make the switch to nuclear something to consider. Investment-wise, not sure which way to go on this (guess at punt-level). Have even though seen recent discussions of nuclear in the use of vehicle, although that's some time off.  Sure loads will disagree. Ignore if not relevant to the thread.

You don’t need to buy a manufacturer to get EV action. Buy SBE which is the SPAC for Chargepoint. EV manufacturers will come and go but the vehicles all need fuel.

I think the jury is out on which charger operators will survive. I suppose you might clean up if yours got taken over at a good price but at least for the initial period there's going to be a lot of investment but lower income.

Thats long term of course. Possible you might get lucky with the SPAC  "IPO" short term.

And on that reasoning, if the chargepoint operators make money how about investing in the companies  THEY buy electricity from or next link in the chain the companies that make the solar panels and wind turbines? eg pick and shovel manufacturers rather than retailers?

Moe_The_Bartender

AnotherJoe said:

Moe_The_Bartender said:

Shocking_Blue said:

Just wondered if there was any other way into this EV revolution, other than TESLA.
Thanks.
Was going to stick this in a separate thread, but as it's sort of related, future energies-wise, nuclear has been off the radar for a while. But, I think the future energy demands will make the switch to nuclear something to consider. Investment-wise, not sure which way to go on this (guess at punt-level). Have even though seen recent discussions of nuclear in the use of vehicle, although that's some time off.  Sure loads will disagree. Ignore if not relevant to the thread.

You don’t need to buy a manufacturer to get EV action. Buy SBE which is the SPAC for Chargepoint. EV manufacturers will come and go but the vehicles all need fuel.

I think the jury is out on which charger operators will survive. I suppose you might clean up if yours got taken over at a good price but at least for the initial period there's going to be a lot of investment but lower income.

Thats long term of course. Possible you might get lucky with the SPAC  "IPO" short term.

And on that reasoning, if the chargepoint operators make money how about investing in the companies  THEY buy electricity from or next link in the chain the companies that make the solar panels and wind turbines? eg pick and shovel manufacturers rather than retailers?

Chargepoint is the biggest in the field and has first mover advantage. It has competitors like Blink but their customers give them poor reviews. They sell the charging points not electricity so they are the pick and shovel providers.

I agree about the pick and shovel sellers. That’s why I bought Vestas Wind rather than the wind farmers.

Shocking_Blue

AnotherJoe said:

Shocking_Blue said:

Just wondered if there was any other way into this EV revolution, other than TESLA.
Thanks.
Was going to stick this in a separate thread, but as it's sort of related, future energies-wise, nuclear has been off the radar for a while. But, I think the future energy demands will make the switch to nuclear something to consider. Investment-wise, not sure which way to go on this (guess at punt-level). Have even though seen recent discussions of nuclear in the use of vehicle, although that's some time off.  Sure loads will disagree. Ignore if not relevant to the thread.

Nio but possibly you missed the boat. I did. I got in at 17 out at 21 (or so) and a few weeks later its hit mid 50's and is now maybe mid 40's but possibly on the way back up? People i trust say 45 is a fair price but thats not to say it couldn't get pulled up well beyond that by Tesla.

I would say look at renewable energy instead. I'm in INRG, Orsted and TRIG. We are heading irrevocably into electrification of almost everything. And then there are battery suppliers which are needed to complement Solar and Wind. A lot of different ones some just a part of bigger conglomerates so hard to make a clean investment that doenst include other stuff. Panasonic and LG Chem for example.  For a real punt Quantumscape but that sounds too good to be true. But maybe I'm passing a massive opportunity like when i didnt buy Amazon 15 years ago. Maybe I'll buy a little tomorrow if HL will let me.

Many thanks for this. Yep, certainly think I've missed the Tesla upsurge, although I'm watching with interest the chat on this and its current pricing. Seen the chat on the 'picks and shovels' aspect of EV's. Have INRG already. Orsted looks interesting (as does Vestas).
Thanks.

Cus

[Deleted User] said:

AnotherJoe said:

[Deleted User] said:

Username999 said:

YellowStarling said:

Michael Burry (of May 2005-April 2007 subprime mortgage short fame) has allegedly opened a short position against Tesla in recent days.

I like Michael Burry, but he's made a mistake with Tesla.
Shorters have lost an estimated $35 Billion on Tesla.

Looks like a lot of things will have to work out really well in the future for Tesla to justify a valuation of $616 billion. I'm not shorting, but I also don't want to own any Tesla at this price. I don't see how a bull case that makes Tesla a good buy at this valuation can be likely to work out.

Ark's 12 different financial scenarios makes them still severely undervalued (these are pre split numbers so divide by 5).

Currently price is about at "high functioning EV company".

These numbers are from 2018, they aren't someone who just jumped on a bandwagon. Most people at the time of course jumped all over them even for the $750 valuation.

Yeah, so Tesla's stock price is at the "The High Functioning EV Company" tier's 2024 price target, but the year is still 2020. Tesla hasn't reached the optimistic production/sales numbers ARKInvest plugged into a model to justify this 2024 price target yet. I would say that supports a view that Tesla is overpriced right now.

Personally I would take a big pinch of salt any research provided by a firm that takes clients money to invest, and takes fees from those clients based on performance of those companies in its research.
If the price plummets, and money is then pulled from their hedge fund, they will just re badge themselves and do it again with other clients money. 

AnotherJoe

Cus said:

lardellion said:

AnotherJoe said:

lardellion said:

Username999 said:

YellowStarling said:

Michael Burry (of May 2005-April 2007 subprime mortgage short fame) has allegedly opened a short position against Tesla in recent days.

I like Michael Burry, but he's made a mistake with Tesla.
Shorters have lost an estimated $35 Billion on Tesla.

Looks like a lot of things will have to work out really well in the future for Tesla to justify a valuation of $616 billion. I'm not shorting, but I also don't want to own any Tesla at this price. I don't see how a bull case that makes Tesla a good buy at this valuation can be likely to work out.

Ark's 12 different financial scenarios makes them still severely undervalued (these are pre split numbers so divide by 5).

Currently price is about at "high functioning EV company".

These numbers are from 2018, they aren't someone who just jumped on a bandwagon. Most people at the time of course jumped all over them even for the $750 valuation.

Yeah, so Tesla's stock price is at the "The High Functioning EV Company" tier's 2024 price target, but the year is still 2020. Tesla hasn't reached the optimistic production/sales numbers ARKInvest plugged into a model to justify this 2024 price target yet. I would say that supports a view that Tesla is overpriced right now.

Personally I would take a big pinch of salt any research provided by a firm that takes clients money to invest, and takes fees from those clients based on performance of those companies in its research.
If the price plummets, and money is then pulled from their hedge fund, they will just re badge themselves and do it again with other clients money. 

They buy Tesla in their own right as well as for clients, and so far they been bang on with Tesla back from when most were saying they would go bankrupt.

snooloui

Tesla down 6.99% today. It's the beginning of the end.