Tesla stock

wwenze

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Perhaps you are referring to those private or hedge fund managers. For funds that tracks the s&p index, wont this cause an error if those managers have been secretly adding tesla into their portfolio?

Good wat, portfolio grows faster than S&P, fund managers give themselves 15-mth bonus.

If bubble pop then blame COVID.

Banks always win.
 

HMAN

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Oops Tesla bounce back to $1600!
Tonight may cross $1700 again.

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bakuten

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Congrats to tesla shareholders.

I hesitated at $900+

Now can only watch from the sides.
 

aurvandil

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There are suspicions that Tesla will play accounting tricks to meet the profitability requirements to enter the S&P 500.

Tesla is not the first mega cap awaiting inclusion.

Using Facebook as a precedent, it is likely that the committee will make Tesla wait 2 years or more before inclusion.

Hope all who bought are prepared to patiently wait and hold ! :s13:

https://www.thebeartrapsreport.com/blog/2020/07/19/gaming-the-sp-500-inclusion-process/
 
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reddevil0728

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There are suspicions that Tesla will play accounting tricks to hand meet the profitability requirements to enter the S&P 500.

Tesla is not the first mega cap awaiting inclusion.

Using Facebook as a precedent, it is likely that the committee will make Tesla wait 2 years or more before inclusion.

Hope all who bought are prepared to patiently wait and hold ! :s13:

https://thebeartrapsreport.com/blog/2020/07/1

Broken link
 

aurvandil

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Tesla beat earnings expectations nicely.

Unfortunately it was noted that when you go through the accounts, Tesla's GAAP income was only $104 mil. It earned $421 mil from the sale of regulatory credits (ZEV and non-ZEV).

It is unlikely the committee deciding on Tesla's inclusion into the S&P would miss this. Although not a published rule, they will probably hold off on adding Tesla to the S&P.
 

hindsight

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Tesla beat earnings expectations nicely.

Unfortunately it was noted that when you go through the accounts, Tesla's GAAP income was only $104 mil. It earned $421 mil from the sale of regulatory credits (ZEV and non-ZEV).

It is unlikely the committee deciding on Tesla's inclusion into the S&P would miss this. Although not a published rule, they will probably hold off on adding Tesla to the S&P.

All of Tesla's GAAP net income since the company's inception has come from selling billions of dollars in emission credits, the company has never made a profit selling cars and likely never will. The big ICE car manufacturers would be churning out millions of EVs if it was such a profitable business.

Its interesting how everything is gradually moving towards state capitalism now, what with the fed buying corporate bonds and govts openly padding the bottom lines of companies like TSLA with EV credits. RIP free market.
 

HMAN

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All of Tesla's GAAP net income since the company's inception has come from selling billions of dollars in emission credits, the company has never made a profit selling cars and likely never will. The big ICE car manufacturers would be churning out millions of EVs if it was such a profitable business.

Its interesting how everything is gradually moving towards state capitalism now, what with the fed buying corporate bonds and govts openly padding the bottom lines of companies like TSLA with EV credits. RIP free market.
Your quote is as if comparing Nokia with Apple !
The non innovated ICE makers will get crushed.
The overall package from Tesla is way more than a standard car.

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hindsight

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Your quote is as if comparing Nokia with Apple !
The non innovated ICE makers will get crushed.
The overall package from Tesla is way more than a standard car.

Sent from Samsung SM-T830 using GAGT

What innovation does Tesla have that allows them to beat other automakers? They dont even own the battery tech.

The auto industry is unlike the consumer tech industry, there are no eco systems that you can use as moats, and there is very little technology in cars that give anyone a significant advantage. Self driving is probably the only exception, but it has many legal hurdles to cross before it can ever become feasible e.g is the car or the driver culpable if it kills someone while its driving itself?
 

hkchew03

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All of Tesla's GAAP net income since the company's inception has come from selling billions of dollars in emission credits, the company has never made a profit selling cars and likely never will. The big ICE car manufacturers would be churning out millions of EVs if it was such a profitable business.
Its interesting how everything is gradually moving towards state capitalism now, what with the fed buying corporate bonds and govts openly padding the bottom lines of companies like TSLA with EV credits. RIP free market.
Actually they are trying, but has been limited by batteries supplies and technology. Tesla made a smart move to work with all 3 biggest battery maker and also create their own supplies in the gigafactory. In fact their effiency is one of the most advantages. Same battery pack, but 15% milage, or same milage, 15% smaller battery, this create huge cost benefit. Until another manufacturer manage to catch up on their effiency, is still hard to replicate Tesla. Not to mention they spend like the last 10 years to build up superchargers in the US. Imagine driving a EV, and you can't find a place to charge up in the middle of your journey.

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