Tesla stock

[sinkie886]

Deliveries are out. Anyone with any thoughts on it?

Alrdy expected and priced in .. last earnings call alrdy tell u q3 delivery will drop right..?

 

[Hello_Kitty]

wonder if I can buy since it had dropped so much last week???

 

[lamode]

wonder if I can buy since it had dropped so much last week???

any time can buy if you believe in it.
just don't go all in, if drop more then avg down again.

 

[DevilPlate]

wonder if I can buy since it had dropped so much last week???

Imo fundamentals deteriorated leh.

I sold it off liao to capture the profits and add into idtl

 

[elvintay07]

Chicken genius and Kelvin learns investing say $75 intrinsic value ah?

 

[lamode]

time to unwind and take profit...
can feel ppl start to FOMO and QQQ is near ATH now

 

[NeedHeIp]

up 6% tonight! en-route to $300

 

[apple459721]

 

[Iyarash11]

up 6% tonight! en-route to $300

hopefully, can exit gracefully

 

[boxer33]

yes want to sell all my tsla

 

[lamode]

happy new year guys
let's see where the Q4 production and delivery numbers will bring us today.

 

[NeedHeIp]

happy new year guys
let's see where the Q4 production and delivery numbers will bring us today.

9pm sg timing release?

 

[lamode]

ER less than a week, do you guys anticipate it to waterfall or rocket ?
giving intensive competition in the EV space, margin gonna drop again, likely to break the 210s support. gonna sell cover calls in case that happens.

 

[DevilPlate]

after knowing so many China EV competitors…..dump Tesla liao hahaha

 

[wira]

after knowing so many China EV competitors…..dump Tesla liao hahaha

good thing is china EV cannot come in US market yet due to trade barriers.

 

[lamode]

BBQ liao... stock tanked about 6% after earning call.

• Tesla reported revenue growth of 3% in the fourth quarter, trailing estimates.
• Auto revenue increased just 1% from a year earlier.
• Vehicle volume growth in 2024 “may be notably lower” than last year’s growth rate, the company warned.

Here are the key numbers:

• Earnings per share: 71 cents, adjusted vs. 74 cents expected by LSEG, formerly known as Refinitiv.
• Revenue: $25.17 billion vs. $25.6 billion expected by LSEG.
  
  https://www.cnbc.com/2024/01/24/tesla-tsla-earnings-q4-2023.html
  

 

[DevilPlate]

Can run better run.
Cannot compete with China EV in the long run de.

 

[DevilPlate]

good thing is china EV cannot come in US market yet due to trade barriers.

Tesla revenue also depends on China market leh.

 

[wira]

Can run better run.
Cannot compete with China EV in the long run de.

tesla latest FSD seems promising though ...

 

[d5dude]

tesla latest FSD seems promising though ...

FSD is not a sure thing…. Tesla will be worth much less if they cannot bring this product to market.

Cars are a commodity, they are not typically worth more than 10x p/e, Tesla is trading at several times of that now.