JohnDe
La dolce vita
- Joined
- 11 March 2020
- Posts
- 4,998
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- 7,482
I wonder if the gloss is coming off Tesla myself, I'm not trying to be negative and Tesla have and are doing amazing things, but when you set the achievement bar as high as Tesla has it is hard to maintain it.
For example the battery giga factories, they soak up a lot of money not only in materials but in maintaining market domination in a rapidly changing field.
From an @JohnDe post:
The mysterious new Tesla order to the world's largest electric vehicle battery manufacturer CATL turned out to be not of its novel Kirin batteries, but of LFP packs. Not your regular LFP battery, though, rather a greatly improved chemistry with higher density slated for the Model Y.
Daniel Zlatev, 08/03/2022
E-Mobility
The world's largest EV battery maker CATL recently announced a novel Kirin batterytechnology that allows for higher energy density than Tesla's 4680 battery cells in the same footprint. It then became clear that Tesla has ordered CATL a new type of battery than the LFP ones it already supplies for the Model 3 units made in the Shanghai Gigafactory.
Bets at the time were that Tesla might have ordered the 4680-style cells, despite that it now counts LG and Samsung among its suppliers for them, besides the original partner in the battery's development Panasonic. Now, however, local media is reporting that CATL will be selling Tesla its even more novel, M3P battery technology. It is similar to the improved LFP battery chemistry with added manganese, the so-called LMFP packs, but CATL insists that its technology is different and proprietary.
I mentioned a long time ago, i couldn't understand why Tesla doesn't outsource it battery manufacturing to a battery specialist, will the giga factories become an albatross, will the be sold?
The Tesla business model and share price reflects a lot of blue sky assumptions, once clouds start appearing, some punters get nervous.
Elon cashing in at a decent price, and why not. He's in it to make money, so sell in the good times. Plenty of electric vehicle competition coming his way.
I'm wondering if his interest in cars has been sated, and now he's looking at other projects.
Cheers
J
I was commenting on the reported second large sale of Tesla by Musk. This was done with no prior warning as per the previous sale.I think you have misunderstood CityIndex’s post. Have another read.
Lucked my way in at $700s. Waiting on the stock split pump now.
TSLA Is a Must-Buy Ahead of the Aug. 17 Tesla Stock Split
TSLA stock is likely to ride higher on split mania as well as on upcoming EV models
Tesla (NASDAQ:TSLA) stock hasn’t looked this good in a while.
- Tesla (TSLA) will enact a three-for-one share split on Aug. 17.
- Also, Tesla CEO Elon Musk teased the upcoming release of two new vehicle models.
- Investors should hold at least a few TSLA stock shares prior to the split.
Not long ago, the company revealed that the electric vehicle (EV) manufacturer plans to enact a three-for-one share split on Aug. 17. Furthermore, CEO Elon Musk tweeted a hint that two new EV models will be shipped out.
For these reasons, or just because Tesla is a premier business and a pioneer in vehicle electrification, you should consider owning TSLA stock now.
Make no mistake about it: Musk is a controversial figure. Everybody and his uncle has been talking about how Musk sold nearly $7 billion worth of Tesla shares recently. Yet, you don’t have to let this distract you from the more important developments surrounding Tesla.
Musk is, among other things, a master of using the media to generate attention for Tesla. He teased a couple of new vehicle models recently, and this could generate investor interest in Tesla. Besides, the upcoming share split will likely entice more people into the trade.
Musk Teases Two New Tesla Vehicle Models
As I mentioned before, Musk is masterful when it comes to using the media to generate buzz for Tesla. That’s exactly what he did when he recently tweeted, “Tesla 500 mile range Semi Truck starts shipping this year, Cybertruck next year.”
This tweet immediately made the financial headlines, so Musk can say, “Mission accomplished.” The Cybertruck is Tesla’s version of a pickup truck, so truckers who’ve hesitated to join the vehicle electrification movement might now be persuaded to give Tesla’s electric truck a try.
Along with all of this, you can simply hold TSLA stock because the company is an EV-market powerhouse. As you may recall, Tesla’s revenue jumped 42% year over year in 2022’s second quarter. Figures like this should remind us all that Musk’s company was, and still remains, an EV pioneer.
What You Can Do Now
For all of the reasons discussed here, feel free to add to your share position in Tesla prior to Aug. 17. And if you don’t have a position already, now’s a great time to start one.
Otherwise, you may regret it as stock-split mania could push TSLA stock much higher. Eventually, even after the split, the stock might reach $1,000 and then some.
I loaded up. Hope there isn't a market crash in the meantime.Not long now.
DYOR
Got an email from volvo to say that the car we have already paid 5000 bucks deposit for has experienced delays, and will now ship in early 2023.
the first of a couple of such letters I expect.
mick
I was stopped out of position a couple days back. No pump in this environment. What a shame, a bit disappointed. Ok profit I suppose. Crypto has really ruined my expectations.
I kept a small position as I do like the outlook. I might buy in lower. There's a lot of caution out there. So will be reviewing all prices down some more.
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