Tesla stock

[dontwastetime]

What is the take away from this video?

lucky people who are lucky think they very smart in investing

 

[yumsang]

this morning no bikaboooom, hope not trying to lure 9vege

 

[dappermen]

erm why is there a BYDDY or BYDDF? diffce?
it
Dethroned! tesla?
Tesla (TSLA) is no longer the world's biggest electric vehicle maker as the EV pioneer takes a backseat to BYD (OTCPK:BYDDY). The Chinese automaker, which is backed by Warren Buffett, sold 641,350 new energy vehicles in the first six months of 2022, representing a 315% increase from the same period last year. Tesla, on the other hand, only delivered a total of 564,743 vehicles in H1 as it contended with supply chain problems, factory lockdowns and sales disruptions in China.

BYD's figures include electric and plug-in hybrid vehicles, while Tesla's only include battery electric cars (it doesn't produce a hybrid). The numbers still highlight the trajectory of BYD's growth, compared to the Elon Musk-run company, which just snapped a two-year streak as deliveries fell 18% last quarter. The developments have also been highlighted in their stock prices, with shares of BYD climbing 15% since the start of the year and Tesla tumbling 42% YTD.

"The performance looks impressive," said Jeff Chung, an auto analyst with Citi, referring to BYD's sales growth. The firm has also surpassed South Korea's LG as the world's second-largest producer of EV batteries, behind industry leader Contemporary Amperex Technology, known as CATL.

While BYD is also located in China, the carmaker has weathered regional coronavirus lockdowns much better than Tesla. That's because its factories are largely based away from COVID hotspots like Shanghai, which is the location of Tesla's Gigafactory 3. The facility accounted for half of Tesla's global production in 2021, but was shut for 22 days in May and has since struggled to reach pre-pandemic levels due to ongoing parts shortages....
https://seekingalpha.com/news/38542...eds-100000-units-for-fourth-consecutive-month
Erm, dethroned a hvy word to use!

What do u think?

 

[dappermen]

oooh BYD is hybrid combustion engines, not 100% EV

 

[lamode]

oooh BYD is hybrid combustion engines, not 100% EV

BYDDF and BYDDY are both OTC, but BYDDY is the ADR, and BYDDF is H-shares. A lot of people/funds can only buy BYDDY, but many brokers can buy BYDDF or 1211:HK in Hong Kong as well. It’s all the same company. Ticker 'BYD' is Boyd Gaming–a casino/hotel company. A lot of people make that mistake. BYDDF trades at HKD:USD conversion rate (0.13) of the HK shares, so that makes financial breakdowns in USD easier, and BYDDY trades at 2x BYDDF. It's quite confusing, but you can own any of them.

https://seekingalpha.com/article/4388622-byd-king-of-electric-vehicles

 

[dappermen]

Ya i was so confused! And 1 of byddy counter is exactly half the value of its original

not sure why!! Is there a need to create so many??!

 

[theMKR]

Since musk cancel the twtr deal, the stock should go upward direction? since he doesnt need to sell to fund the purchase?

 

[dappermen]

I dont thk tesla is affected by whether purchasing twitter or not

 

[发哨子2020]

Hello Bro,

You typed so many paragraphs but in the end never said can buy TSLA or not?

So it's a yes or no? Thanks.

Any analist must learn to cover both ends :
buy if …. / sell if …….

 

[发哨子2020]

I dont thk tesla is affected by whether purchasing twitter or not

The market believes Tesla is in some risk ;
some lawyers are


Shares of the social media platform closed down 11%. Tesla, where Musk is CEO, fell about 6.5%.

Twitter shares sink 11% after Elon Musk terminates $44 billion deal
https://www.cnbc.com/2022/07/11/twitter-shares-sink-after-elon-musk-terminates-44-billion-deal.html?__source=iosappshare|com.apple.UIKit.activity.CopyToPasteboard

 

[dappermen]

Twitter- Yes will fall surely cos we r all expecting him to buy us over

tks!

 

[lamode]

still positive can add $5xx

everything red... will tsla break $600 this time?

 

[gld998]

still positive can add $5xx

tonite got chance?

 

[theMKR]

tonite got chance?

tonight wun even touch 650 imo.

tsla usually dun drop that fast... too many ppl buy the support.....

 

[googoogaga]

If you like Tesla, you should love BYD. Recently overtook Tesla in sales and yesterday the price fell to a discount after a huge stake was put on market.

 

[gld998]

If you like Tesla, you should love BYD. Recently overtook Tesla in sales and yesterday the price fell to a discount after a huge stake was put on market.

still too high, buy only at or near 52 week low in a bear market

 

[gld998]

tonight wun even touch 650 imo.

tsla usually dun drop that fast... too many ppl buy the support.....

You are too bullish, bear market is here, anything goes!

 

[theMKR]

You are too bullish, bear market is here, anything goes!

just being practical.

i sold my tsla 700put last night. i think it might go below 650 only after 20july with a not so good ER.

but tsla has always been very strong after every ER. cant reason with cult and meme culture.....

 

[lamode]

tonite got chance?

not so soon.
i can wait, already bought a lot along the way, now with limited bullet left.
if never reach i also won't fomo.

 

[theMKR]

TSLA stock is really wow, just wow......

anyway moi just bought a 650 put. seems like suicide.....