Tesla business discussion
Lexus Test Driver
Joined: Feb 2002
Posts: 8,181
Likes: 244
From: New York
I predict every tik tok and IG influencer promoting this thing.
Its the one Tesla I’m very interested in.
Its like a modern H1 Hummer that actually runs and doesn’t need gas every 2 minutes.
If they release Model 2 plus the CyberTruck - they will probably double their current volume and revenue.
Lexus Champion
Joined: Oct 2019
Posts: 19,644
Likes: 3,747
From: California
Last edited by AMIRZA786; Apr 20, 2023 at 07:45 AM.
Pole Position
Joined: Mar 2014
Posts: 3,354
Likes: 555
From: fl
Noticed TSLA was down in pre market so bought more. Musk is focused on getting more cars on the street as it helps him with autonomy, so he is willingly lowering the price in order to drive more sales. Took a minor down turn in profit margin but more sales = good for Tesla long term (plus there will be opportunity for add on software sales to those customers). CyberTruck coming soon, other models on the horizon, I think the future is very bright for Tesla stock. I hold this one with such long term intentions that I may as well forget that I even own it. Down days give me the opportunity to lower my cost basis.
Lexus Champion
Joined: Oct 2019
Posts: 19,644
Likes: 3,747
From: California
Pole Position
Joined: Jan 2006
Posts: 2,606
Likes: 40
From: CA
Because it made it off the launchpad. It wasn't a perfect launch, but getting it in the air was a huge success in and of itself. They're going to get a ton of useful data from today's launch just like when they failed at landing the boosters in earlier products. Now it's newsworthy if the boosters don't land properly.
Back on Tesla. Even if you don't take into account autonomy, Tesla is putting the squeeze on the other manufacturers that don't have those same level of margins to play with.
Back on Tesla. Even if you don't take into account autonomy, Tesla is putting the squeeze on the other manufacturers that don't have those same level of margins to play with.
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Lead Lap
Joined: May 2010
Posts: 3,951
Likes: 1,575
From: San Diego, CA
Because it made it off the launchpad. It wasn't a perfect launch, but getting it in the air was a huge success in and of itself. They're going to get a ton of useful data from today's launch just like when they failed at landing the boosters in earlier products. Now it's newsworthy if the boosters don't land properly.
Back on Tesla. Even if you don't take into account autonomy, Tesla is putting the squeeze on the other manufacturers that don't have those same level of margins to play with.
Back on Tesla. Even if you don't take into account autonomy, Tesla is putting the squeeze on the other manufacturers that don't have those same level of margins to play with.
depends on definition of long term. in the long term we'll all be dead too, and if we have a major recession/depression, it could be a decade or more before it recovers.
disclaimer: i do have some tsla, but not sure if i want to buy more due to macroeconomic reasons.
disclaimer: i do have some tsla, but not sure if i want to buy more due to macroeconomic reasons.
Instructor
Joined: Aug 2022
Posts: 1,246
Likes: 459
From: NY
$108 was the near term bottom for it a few months ago - let's see how low it drifts toward $108. But clearly with the pickup and the Model2 coming online, plus the model3 refresh, things should improve over the next 18 months.
Lead Lap
Joined: May 2010
Posts: 3,951
Likes: 1,575
From: San Diego, CA