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NatMeg

NatMeg

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02-02 16:02

U should have called it at 480. All u are doing is riding on trump tariff noise

Tesla: Once Again, It's Time To Trim

2024-12-30

What if u are wrong again 🫣

2024-09-17

Good luck with the short. Make sure you keep some cash on the side for Retirement.

Tesla: I Was Wrong To Short (Rating Upgrade)

2024-07-18

Who cares about price targets from analyst??

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2024-07-16

Electrek is garbage. blind Tesla hater

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2024-07-15

Are u sure?

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2024-06-09

Reuters is a waste of time

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2024-05-15

What stupid article is this?

2024-05-09

Hit piece. Delay tactics by enemies of Elon.

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2024-05-02

Reuters always spew lies and fake stories

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2023-09-15

$ARM Holdings Ltd(ARM)$

2022-08-08

Stupid article lol

Prediction: These Will Be the 10 Largest Stocks by 2030

2022-03-01

Don't make me laugh

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2022-01-03

Why do u only show Nov production numbers?

Will Nio Recover in 2022?

2021-09-16

$266M out of $3,260M is not even 1% of her total Tesla holdings…

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Go to Tiger App to see more news

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should have called it at 480. All u are doing is riding on trump tariff noise","listText":"U should have called it at 480. All u are doing is riding on trump tariff noise","text":"U should have called it at 480. All u are doing is riding on trump tariff noise","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/399188817936608","repostId":"1175504218","repostType":2,"repost":{"id":"1175504218","kind":"news","pubTimestamp":1738476351,"share":"https://ttm.financial/m/news/1175504218?lang=&edition=fundamental","pubTime":"2025-02-02 14:05","market":"us","language":"en","title":"Tesla: Once Again, It's Time To Trim","url":"https://stock-news.laohu8.com/highlight/detail?id=1175504218","media":"Seeking Alpha","summary":"Let's dive in.Our Tesla FrameworkIn case you missed our earlier articles on TSLA, here's a quick summary of how we see the stock. Normally, we'd skip writing a section like this, but TSLA is a very volatile, speculative bet, and many investors look at the financials and see entirely different things. Thus, we think it's necessary, first, to establish how we think about the company.In short, we see TSLA as an advanced manufacturing firm, mostly producing cars. Sure, TSLA also manufactures batteri","content":"<html><head></head><body><h2 id=\"id_2350035770\">Summary</h2><ul style=\"\"><li><p>We initially rated Tesla, Inc. stock a Sell in November 2023 due to slowing growth and a lofty valuation. From there, the stock fell 31%.</p></li><li><p>Then, we upgraded Tesla in April 2024 after the market appeared too negative on shares. Since, the stock has risen 126%, driven by speculation around Robotaxis and autonomous driving.</p></li><li><p>Now, Tesla appears overvalued again. We recommend trimming TSLA from your portfolio due to overly optimistic projections around “future products”.</p></li><li><p>We&#39;re downgrading TSLA to a Sell.</p></li></ul><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/cdc1cd3d3c3dd57b72a9ddb8d4037dbd\" alt=\"White cyborg robotic hand pointing his finger - 3D rendering isolated on free PNG background.\" title=\"White cyborg robotic hand pointing his finger - 3D rendering isolated on free PNG background.\" tg-width=\"750\" tg-height=\"500\"/><span>White cyborg robotic hand pointing his finger - 3D rendering isolated on free PNG background.</span></p><p></p><p>Of all the stocks we&#39;ve covered here on Seeking Alpha, we&#39;re particularly proud of our track record when it comes to <strong>Tesla, Inc.</strong> (NASDAQ:TSLA).</p><p>Our coverage began on the stock in November 2023, when we called the stock a <strong>Sell</strong> based on the company&#39;s slowing growth and lack of progress on key initiatives. At the time, the multiple seemed a bit rich for the company&#39;s output, so we came out as bears:</p><ul style=\"\"><li><p>Tesla: The Range Of Outcomes Is Narrowing; That&#39;s A Bad Thing.</p></li></ul><p>From that point, the stock <strong>fell roughly 31%</strong>, until we upgraded it on April 9th, 2024.</p><p>At that point, shares seemed unduly beat up, in our view, and we upgraded TSLA:</p><ul style=\"\"><li><p>Tesla: When The Time Comes To Buy, You Won&#39;t Want To (Rating Upgrade).</p></li></ul><p>Since then, the stock is <strong>back up roughly 126%</strong>, in which time we put out another bullish article about Robotaxis, arguing that speculation around future gains in autonomous driving and Optimus could drive continued appreciation for investors:</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/5581c8a7e68cb36fb694d47a44ae5139\" alt=\"TSLA\" title=\"TSLA\" tg-width=\"640\" tg-height=\"412\"/><span>TSLA</span></p><p></p><p>All of this is to say that we feel like we have a “good bead” on the company&#39;s valuation and business dynamics.</p><p>From that frame, we feel that the stock has once again become &#39;too expensive&#39;, and it appears as though it could be time, once again, to trim.</p><p><strong>Today</strong>, we&#39;ll cover the recent earnings report, examine the stock&#39;s lofty valuation, and explain why, on balance, we think it&#39;s time to begin pruning TSLA out of your portfolio — at least for now.</p><p>Sound good? Let&#39;s dive in.</p><h2 id=\"id_4071302040\">Our Tesla Framework</h2><p>In case you missed our earlier articles on TSLA, here&#39;s a quick summary of how we see the stock. Normally, we&#39;d skip writing a section like this, but TSLA is a very volatile, <strong>speculative</strong> bet, and many investors look at the financials and see entirely different things. Thus, we think it&#39;s necessary, first, to establish how we think about the company.</p><p>In short, we see TSLA as an advanced manufacturing firm, <strong>mostly</strong> producing cars. Sure, TSLA also manufactures batteries and other components in its <strong>Energy</strong> segment, but at its heart, the firm is an automotive company.</p><p>Why? Because this is where most of TSLA&#39;s financial results are derived. A massive chunk of the company&#39;s revenues come from the automotive segment, which means that this is a natural point of comparison for analysts:</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/93a2427e63efa5746b2965c9ceb9e2e4\" alt=\"TSLA\" title=\"TSLA\" tg-width=\"640\" tg-height=\"80\"/><span>TSLA</span></p><p></p><p>Thus, when contrasted with competitors, Tesla&#39;s $1.3 trillion valuation can be very challenging to comprehend.</p><p>In our view, this valuation difference vs. peers is largely down to TSLA&#39;s “upcoming” product launches, mainly <strong>full self-drive (“FSD”) &amp; Robotaxis</strong>, and <strong>Optimus</strong> (the robot):</p><blockquote><p></p><p>A significant portion of Tesla&#39;s current value is tied to higher margin, non-automotive, [&#39;future&#39;] products like Robotaxi, Dojo, and Optimus.</p><p>We&#39;d estimate that about 80% of TSLA&#39;s &#39;future product&#39; value is perceived to be in the Robotaxi segment, as it is the closest to &#39;production&#39; and the most natural extension of TSLA&#39;s current business.</p><p>If you take this estimate at face value, then it means [robotaxis are] likely incredibly consequential for <strong>~65% of TSLA&#39;s market cap </strong>or about $500 billion in shareholder value.</p></blockquote><p>This estimate was from October. Since then, TSLA has rallied more than 60% while financial results have largely remained flat, which signals that basically <strong>all of this appreciation</strong> has been due to <strong>investors assigning a higher multiple</strong> to these future product launches.</p><p>For TSLA, we see two main camps within the analyst community. There are those that see the stock as a purely “car” company (and thus, overvalued), and those that see it as an advanced manufacturer of the future, including automated cars, robots, software, energy solutions, and more (which would make it undervalued).</p><p>We sit somewhere in the middle. TSLA is clearly an automotive company right now, but if the company can execute — which they have proven that they can — then there could be significantly more value that gets unlocked for investors in coming years.</p><p>As sentiment around the company shifts, our “middle of the road” understanding gives us a leg up in identifying when things &#39;extend&#39; too far in one direction or the other, which is precisely what we think we see right now.</p><h2 id=\"id_2739569595\">Tesla&#39;s Q4</h2><p>Looking at the most recent quarter, Tesla turned in what most are collectively calling a “stinker.”</p><p>Revenue came in as a massive miss, and the firm&#39;s top-line growth also left much to be desired. EPS also came in below expectations, albeit slightly.</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/c450991d7c204335d448252a6501dcd8\" alt=\"TSLA\" title=\"TSLA\" tg-width=\"640\" tg-height=\"389\"/><span>TSLA</span></p><p></p><p>All in all, it was a pretty dismal showing.</p><p>Of particular note was the company&#39;s considerable drop in TTM net income, which is largely due to TSLA&#39;s car pricing strategy (cutting) having a continued impact on margins:</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/ab5185ab57962b8842cdd2391d696294\" alt=\"TSLA\" title=\"TSLA\" tg-width=\"640\" tg-height=\"410\"/><span>TSLA</span></p><p></p><p>These tactical pricing changes are meant to keep TSLA car volumes up, but it has put serious pressure on gross margins over time.</p><p>In other words, <strong>competition</strong> is heating up, materializing, and eating into investor&#39;s bottom-line returns:</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/2c65e31186dd1af096afe7c1045b3cba\" alt=\"TSLA\" title=\"TSLA\" tg-width=\"640\" tg-height=\"302\"/><span>TSLA</span></p><p></p><p>For much of TSLA&#39;s run over the last 5 years, many bulls have argued that the company&#39;s product was differentiated enough to warrant a higher multiple, on the back of structurally higher margins. However, now, this doesn&#39;t appear to be the case.</p><p>Granted, some decline in TTM net income is from the drop-off of a positive Q4 in 2023 which had a huge, unusual tax item, but even adjusted for that, TSLA&#39;s <strong>net income is still down double-digit percentages</strong>.</p><p>Trump&#39;s cutting of EV incentives only presents further headwinds to the business.</p><p>Similarly, TSLA&#39;s profitability would be down <strong>even more</strong> without Bitcoin. As we can see from the 10K, a material percentage of TSLA&#39;s $7.1 billion in net income is from an increase in the fair value of the firm&#39;s total Bitcoin holdings (emphasis added):</p><blockquote><p>Other income (expense), net, changed favorably by <strong>$523 million</strong> in the year ended December 31, 2024 as compared to the year ended December 31, 2023 primarily due to remeasurement of our bitcoin digital assets to fair value in 2024.</p></blockquote><p>Overall, it&#39;s not a pretty picture for the core business.</p><p>Bulls might say that these pricing headwinds are transient, or that the consumer environment is cyclical, but we&#39;d counter by saying <strong>hey, that&#39;s the car business</strong>.</p><p>In other words, maybe Tesla <em>isn&#39;t</em> that different from competitors when it comes to making and selling cars.</p><h2 id=\"id_3009924548\">The Valuation</h2><p>But what is Tesla worth?</p><p>If you slap on car industry averages to Tesla&#39;s financial results, then you&#39;re looking at a P/E of ~7x and a P/S of roughly 0.6x:</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/816000a0e759e7a6c468d88f42c1758c\" alt=\"TSLA\" title=\"TSLA\" tg-width=\"640\" tg-height=\"176\"/><span>TSLA</span></p><p></p><p>This would output a market cap between roughly ~$49 billion and ~$57 billion. Considering the current market cap of <strong><em>$1.28 trillion</em></strong>, the market clearly doesn&#39;t agree with this framing.</p><p>Looking now at the earnings call, TSLA management heavily, <strong>heavily</strong> focused on the company&#39;s future product lines — mainly Optimus and robotaxis (emphasis added):</p><blockquote><p></p><p>We made many critical investments in 2024 in manufacturing AI and robotics that will bear <strong>immense</strong> fruit in the future, <strong>immense</strong>.</p><p>Like it&#39;s, in fact, to such a scale that it is difficult to comprehend. And I&#39;ve said this before, and I&#39;ll stand by it. I see a path, I&#39;m not saying it&#39;s an easy path, but I see a path for <strong>Tesla being the most valuable company in the world by far</strong>, not even close.</p><p>Like, maybe several times more than, I mean, there is a path where <strong>Tesla is worth more than the next top five companies combined</strong>. There&#39;s a path to that. I mean, I think it&#39;s like an incredibly, just like a difficult path, but it is an achievable path.</p><p>So -- and that is overwhelmingly due to <strong>autonomous vehicles</strong> and autonomous <strong>humanoid robots</strong>.</p></blockquote><p>What a sales pitch!</p><p>To us, <strong>this</strong> makes Tesla&#39;s <em>story</em> “clear.” For investors, this is clearly where the value is coming from. The core business isn&#39;t growing much anymore as the market saturates and competition heats up — fine.</p><p>However, the company&#39;s balance sheet is strong, and as long as there&#39;s serious potential in TSLA&#39;s new businesses, then the stock gets the premium.</p><p>From this point, it&#39;s a “show me” story.</p><p>For our money, investors are too optimistic about this future.</p><p>In our previous article, we laid out what an <strong>incredibly</strong> optimistic bull case for what Robotaxis could be worth, assuming that they launched this year:</p><blockquote><p></p><p>In this model, adoption is slow to start, but quickly scales as users join the network and make their idle Teslas earn while they sleep.</p><p>Again, the demand is the real constraint here, but given the likely lower cost of automated ride hail, it should prove popular with cost-conscious consumers:</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/b20aed07e35218fcce1a3d01c41ccfb0\" alt=\"TSLA\" title=\"TSLA\" tg-width=\"640\" tg-height=\"199\"/><span>TSLA</span></p><p style=\"text-align: left;\"><strong>PropNotes</strong></p><p>In this scenario, we see TSLA earning more per ride, and with a larger network of supply and demand under their control.</p><p>This scenario would represent a 60% upside for the NPV of the robotaxi segment (at a 4% discount rate), which works out to roughly 37% upside for TSLA&#39;s stock.</p><p>This works out to a share price of roughly <strong>$345 per share</strong>.</p></blockquote><p>Under this optimistic scenario, robotaxis launch immediately and gain market share quickly. In that case, we&#39;d argue Tesla is maybe worth $345 per share. Currently, the stock is trading at around $400, and robotaxis aren&#39;t expected until June, in a single city (Austin).</p><p>To us, this shows undue optimism, part of which may be caused by statements like this from management around the new product lines (emphasis added):</p><blockquote><p></p><p>I&#39;ve -- some of these things I&#39;ve said for quite a long time and I know people said, well, Elon is the boy who cried wolf-like several times but I&#39;m telling you there&#39;s a damn wolf this time and you can drive it. In fact, it can drive you. <strong>It&#39;s a self-driving wolf</strong>.</p><p>These things that already exist with no incremental cost change, just a software update, now have five times or more utility than they currently have. I think this will be the <strong>largest asset value increase in human history</strong>. Maybe there&#39;s something bigger, but I just don&#39;t know what it is. And so people who look in the rearview mirror are looking for past precedent, except I don&#39;t think there is one.</p><p>I think long-term, Optimus will be -- Optimus has the potential to be north of <strong><em>$10 trillion in revenue</em></strong>. Like, it&#39;s really bananas.</p></blockquote><p>All told, we don&#39;t expect that within a few years&#39; time, TSLA will be raking in 1/10th of global GDP in revenues on a single product alone.</p><h2 id=\"id_3741566877\">Summary</h2><p>Thus, we come to our summary of Tesla.</p><p>At this price, there&#39;s potentially significant value in the company&#39;s future projects, as the market has shown, but at present, the valuation of those projects appears too speculative.</p><p>Overall, this mispricing means that investors should consider selling out of their stakes and waiting to buy lower. If the past is anything to go by, you&#39;ll get your chance to do just that.</p><p>Cheers!</p></body></html>","source":"lsy1728464409321","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla: Once Again, It's Time To Trim</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla: Once Again, It's Time To Trim\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-02-02 14:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4753962-tesla-once-again-time-to-trim-double-rating-downgrade><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryWe initially rated Tesla, Inc. stock a Sell in November 2023 due to slowing growth and a lofty valuation. From there, the stock fell 31%.Then, we upgraded Tesla in April 2024 after the market ...</p>\n\n<a href=\"https://seekingalpha.com/article/4753962-tesla-once-again-time-to-trim-double-rating-downgrade\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://seekingalpha.com/article/4753962-tesla-once-again-time-to-trim-double-rating-downgrade","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1175504218","content_text":"SummaryWe initially rated Tesla, Inc. stock a Sell in November 2023 due to slowing growth and a lofty valuation. From there, the stock fell 31%.Then, we upgraded Tesla in April 2024 after the market appeared too negative on shares. Since, the stock has risen 126%, driven by speculation around Robotaxis and autonomous driving.Now, Tesla appears overvalued again. We recommend trimming TSLA from your portfolio due to overly optimistic projections around “future products”.We're downgrading TSLA to a Sell.White cyborg robotic hand pointing his finger - 3D rendering isolated on free PNG background.Of all the stocks we've covered here on Seeking Alpha, we're particularly proud of our track record when it comes to Tesla, Inc. (NASDAQ:TSLA).Our coverage began on the stock in November 2023, when we called the stock a Sell based on the company's slowing growth and lack of progress on key initiatives. At the time, the multiple seemed a bit rich for the company's output, so we came out as bears:Tesla: The Range Of Outcomes Is Narrowing; That's A Bad Thing.From that point, the stock fell roughly 31%, until we upgraded it on April 9th, 2024.At that point, shares seemed unduly beat up, in our view, and we upgraded TSLA:Tesla: When The Time Comes To Buy, You Won't Want To (Rating Upgrade).Since then, the stock is back up roughly 126%, in which time we put out another bullish article about Robotaxis, arguing that speculation around future gains in autonomous driving and Optimus could drive continued appreciation for investors:TSLAAll of this is to say that we feel like we have a “good bead” on the company's valuation and business dynamics.From that frame, we feel that the stock has once again become 'too expensive', and it appears as though it could be time, once again, to trim.Today, we'll cover the recent earnings report, examine the stock's lofty valuation, and explain why, on balance, we think it's time to begin pruning TSLA out of your portfolio — at least for now.Sound good? Let's dive in.Our Tesla FrameworkIn case you missed our earlier articles on TSLA, here's a quick summary of how we see the stock. Normally, we'd skip writing a section like this, but TSLA is a very volatile, speculative bet, and many investors look at the financials and see entirely different things. Thus, we think it's necessary, first, to establish how we think about the company.In short, we see TSLA as an advanced manufacturing firm, mostly producing cars. Sure, TSLA also manufactures batteries and other components in its Energy segment, but at its heart, the firm is an automotive company.Why? Because this is where most of TSLA's financial results are derived. A massive chunk of the company's revenues come from the automotive segment, which means that this is a natural point of comparison for analysts:TSLAThus, when contrasted with competitors, Tesla's $1.3 trillion valuation can be very challenging to comprehend.In our view, this valuation difference vs. peers is largely down to TSLA's “upcoming” product launches, mainly full self-drive (“FSD”) & Robotaxis, and Optimus (the robot):A significant portion of Tesla's current value is tied to higher margin, non-automotive, ['future'] products like Robotaxi, Dojo, and Optimus.We'd estimate that about 80% of TSLA's 'future product' value is perceived to be in the Robotaxi segment, as it is the closest to 'production' and the most natural extension of TSLA's current business.If you take this estimate at face value, then it means [robotaxis are] likely incredibly consequential for ~65% of TSLA's market cap or about $500 billion in shareholder value.This estimate was from October. Since then, TSLA has rallied more than 60% while financial results have largely remained flat, which signals that basically all of this appreciation has been due to investors assigning a higher multiple to these future product launches.For TSLA, we see two main camps within the analyst community. There are those that see the stock as a purely “car” company (and thus, overvalued), and those that see it as an advanced manufacturer of the future, including automated cars, robots, software, energy solutions, and more (which would make it undervalued).We sit somewhere in the middle. TSLA is clearly an automotive company right now, but if the company can execute — which they have proven that they can — then there could be significantly more value that gets unlocked for investors in coming years.As sentiment around the company shifts, our “middle of the road” understanding gives us a leg up in identifying when things 'extend' too far in one direction or the other, which is precisely what we think we see right now.Tesla's Q4Looking at the most recent quarter, Tesla turned in what most are collectively calling a “stinker.”Revenue came in as a massive miss, and the firm's top-line growth also left much to be desired. EPS also came in below expectations, albeit slightly.TSLAAll in all, it was a pretty dismal showing.Of particular note was the company's considerable drop in TTM net income, which is largely due to TSLA's car pricing strategy (cutting) having a continued impact on margins:TSLAThese tactical pricing changes are meant to keep TSLA car volumes up, but it has put serious pressure on gross margins over time.In other words, competition is heating up, materializing, and eating into investor's bottom-line returns:TSLAFor much of TSLA's run over the last 5 years, many bulls have argued that the company's product was differentiated enough to warrant a higher multiple, on the back of structurally higher margins. However, now, this doesn't appear to be the case.Granted, some decline in TTM net income is from the drop-off of a positive Q4 in 2023 which had a huge, unusual tax item, but even adjusted for that, TSLA's net income is still down double-digit percentages.Trump's cutting of EV incentives only presents further headwinds to the business.Similarly, TSLA's profitability would be down even more without Bitcoin. As we can see from the 10K, a material percentage of TSLA's $7.1 billion in net income is from an increase in the fair value of the firm's total Bitcoin holdings (emphasis added):Other income (expense), net, changed favorably by $523 million in the year ended December 31, 2024 as compared to the year ended December 31, 2023 primarily due to remeasurement of our bitcoin digital assets to fair value in 2024.Overall, it's not a pretty picture for the core business.Bulls might say that these pricing headwinds are transient, or that the consumer environment is cyclical, but we'd counter by saying hey, that's the car business.In other words, maybe Tesla isn't that different from competitors when it comes to making and selling cars.The ValuationBut what is Tesla worth?If you slap on car industry averages to Tesla's financial results, then you're looking at a P/E of ~7x and a P/S of roughly 0.6x:TSLAThis would output a market cap between roughly ~$49 billion and ~$57 billion. Considering the current market cap of $1.28 trillion, the market clearly doesn't agree with this framing.Looking now at the earnings call, TSLA management heavily, heavily focused on the company's future product lines — mainly Optimus and robotaxis (emphasis added):We made many critical investments in 2024 in manufacturing AI and robotics that will bear immense fruit in the future, immense.Like it's, in fact, to such a scale that it is difficult to comprehend. And I've said this before, and I'll stand by it. I see a path, I'm not saying it's an easy path, but I see a path for Tesla being the most valuable company in the world by far, not even close.Like, maybe several times more than, I mean, there is a path where Tesla is worth more than the next top five companies combined. There's a path to that. I mean, I think it's like an incredibly, just like a difficult path, but it is an achievable path.So -- and that is overwhelmingly due to autonomous vehicles and autonomous humanoid robots.What a sales pitch!To us, this makes Tesla's story “clear.” For investors, this is clearly where the value is coming from. The core business isn't growing much anymore as the market saturates and competition heats up — fine.However, the company's balance sheet is strong, and as long as there's serious potential in TSLA's new businesses, then the stock gets the premium.From this point, it's a “show me” story.For our money, investors are too optimistic about this future.In our previous article, we laid out what an incredibly optimistic bull case for what Robotaxis could be worth, assuming that they launched this year:In this model, adoption is slow to start, but quickly scales as users join the network and make their idle Teslas earn while they sleep.Again, the demand is the real constraint here, but given the likely lower cost of automated ride hail, it should prove popular with cost-conscious consumers:TSLAPropNotesIn this scenario, we see TSLA earning more per ride, and with a larger network of supply and demand under their control.This scenario would represent a 60% upside for the NPV of the robotaxi segment (at a 4% discount rate), which works out to roughly 37% upside for TSLA's stock.This works out to a share price of roughly $345 per share.Under this optimistic scenario, robotaxis launch immediately and gain market share quickly. In that case, we'd argue Tesla is maybe worth $345 per share. Currently, the stock is trading at around $400, and robotaxis aren't expected until June, in a single city (Austin).To us, this shows undue optimism, part of which may be caused by statements like this from management around the new product lines (emphasis added):I've -- some of these things I've said for quite a long time and I know people said, well, Elon is the boy who cried wolf-like several times but I'm telling you there's a damn wolf this time and you can drive it. In fact, it can drive you. It's a self-driving wolf.These things that already exist with no incremental cost change, just a software update, now have five times or more utility than they currently have. I think this will be the largest asset value increase in human history. Maybe there's something bigger, but I just don't know what it is. And so people who look in the rearview mirror are looking for past precedent, except I don't think there is one.I think long-term, Optimus will be -- Optimus has the potential to be north of $10 trillion in revenue. Like, it's really bananas.All told, we don't expect that within a few years' time, TSLA will be raking in 1/10th of global GDP in revenues on a single product alone.SummaryThus, we come to our summary of Tesla.At this price, there's potentially significant value in the company's future projects, as the market has shown, but at present, the valuation of those projects appears too speculative.Overall, this mispricing means that investors should consider selling out of their stakes and waiting to buy lower. If the past is anything to go by, you'll get your chance to do just that.Cheers!","news_type":1},"isVote":1,"tweetType":1,"viewCount":9,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":387175424340392,"gmtCreate":1735555696579,"gmtModify":1736478380655,"author":{"id":"3574213079513866","authorId":"3574213079513866","name":"NatMeg","avatar":"https://community-static.tradeup.com/news/425463aa7de7f81def2d836be3ff01e3","crmLevel":9,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574213079513866","authorIdStr":"3574213079513866"},"themes":[],"htmlText":"What if u are wrong again 🫣","listText":"What if u are wrong again 🫣","text":"What if u are wrong again 🫣","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/387175424340392","isVote":1,"tweetType":1,"viewCount":377,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":350227203104768,"gmtCreate":1726532595508,"gmtModify":1726532599557,"author":{"id":"3574213079513866","authorId":"3574213079513866","name":"NatMeg","avatar":"https://community-static.tradeup.com/news/425463aa7de7f81def2d836be3ff01e3","crmLevel":9,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574213079513866","authorIdStr":"3574213079513866"},"themes":[],"htmlText":"Good luck with the short. Make sure you keep some cash on the side for Retirement.","listText":"Good luck with the short. Make sure you keep some cash on the side for Retirement.","text":"Good luck with the short. Make sure you keep some cash on the side for Retirement.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/350227203104768","repostId":"2468847193","repostType":2,"repost":{"id":"2468847193","kind":"highlight","pubTimestamp":1726530774,"share":"https://ttm.financial/m/news/2468847193?lang=&edition=fundamental","pubTime":"2024-09-17 07:52","market":"nz","language":"en","title":"Tesla: I Was Wrong To Short (Rating Upgrade)","url":"https://stock-news.laohu8.com/highlight/detail?id=2468847193","media":"seekingalpha","summary":"I've maintained a significant short position on Tesla, Inc. due to declining EV demand, growing competition, and an expensive valuation, despite recent stock price increases.Tesla's stock is highly se","content":"<html><head></head><body><ul style=\"\"><li><p>I&#39;ve maintained a significant short position on Tesla, Inc. due to declining EV demand, growing competition, and an expensive valuation, despite recent stock price increases.</p></li><li><p>Tesla&#39;s stock is highly sensitive to interest rates, and with rates likely peaking, the macro environment may no longer push the price lower.</p></li><li><p>Q2 results show stalling growth and rising operating expenses, making Tesla&#39;s auto segment comparable to BYD Company&#39;s but at a much higher valuation.</p></li><li><p>Given the potential bullish catalyst of decreasing interest rates, I upgrade Tesla to HOLD/Neutral despite long-term bearish views on its high valuation.</p></li></ul><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/b472b409c9208cb9d50732d90627747f\" tg-width=\"750\" tg-height=\"500\"/></p><p>Richard Drury</p><p></p><p>Dear readers,</p><p>I&#39;ve had a major short position on <strong>Tesla, Inc.</strong> (NASDAQ:TSLA) for quite some time.</p><p>I first initiated the position in March at $177 per share and informed my readers (here). Later, I published an article called <em>7 Reasons To Short The Stock </em>and doubled down on my position mainly due to:</p><ol start=\"1\" style=\"\"><li><p>declining demand for EVs globally,</p></li><li><p>growing competition,</p></li><li><p>declining revenue growth and margins,</p></li><li><p>an expensive valuation,</p></li><li><p>and a dangerous technical level.</p></li></ol><p>Since that article, the stock price has jumped to $228 per share, which means that my short position is now around 25% underwater.</p><p>I believe that long-term, the short will pay off as many of the aforementioned concerns very much remain and have actually been confirmed by the Q2 earnings report released in late July.</p><p>At the same time, however, I recognize that interest rate cuts, which seem very likely in the coming months and quarters, are likely to be a bullish catalyst and could easily cause a surge in the price of Tesla stock.</p><p>Today, I publish an update to my thesis based on the most recently published numbers, focusing mainly on the sensitivity of the stock to interest rates, and weighing the pros and cons of keeping my short on.</p><h2 id=\"id_1290652782\">The impact of high interest rates</h2><p>Most analysts here on Seeking Alpha use the Fed funds rate as their preferred measure of interest rates in the economy. Personally, however, I prefer to look at the 2-year treasury yield (US2Y). The two tend to move in tandem with each other, but as evident from the chart above, the 2-year yield is more forward-looking (and therefore tends to drive the Fed funds rate).</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/c6772d0839c0e3228337a15f1eae15e4\" tg-width=\"640\" tg-height=\"477\"/></p><p>Tradingview</p><p></p><p>The chart below shows a clear negative relationship between interest rates (i.e., the 2-year treasury yield (US2Y)) and the price of Tesla stock. Since late 2022 and throughout 2023, Tesla declined by 75% from a high of $400 per share to just above $100 per share as interest rates increased from 0.5% to 4%. Importantly, the relationship also held quite well throughout 2024.</p><p>The moral of the story is that while there are, of course, other factors that influence the price, the <strong>price of Tesla is very sensitive to interest rates</strong>.</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/e9920597d7afbd5edfb173da1840335d\" tg-width=\"635\" tg-height=\"439\"/></p><p>Data by YCharts</p><p></p><p>There are <strong>two fundamental reasons</strong> for this.</p><p><strong>First</strong>, the demand for EVs, especially in the U.S., is quite highly affected by financing rates. And higher financing costs often lead to people postponing their decision to buy a new car. Management has been very aware of this and has (somewhat successfully) tried to motivate people with attractive financing options such as sub-2% rates for any Model Y bought before September.</p><p><strong>Second</strong>, Tesla&#39;s expensive valuation (at almost 100x forward earnings) relies heavily on (uncertain) cash flows far in the future (after full self-driving (“FSD”) is fully functional and integrated, etc.). Long-duration cash flows get discounted at the current interest rate to arrive at a fair value of a stock. It follows that higher interest rates are negatively related to stock price performance.</p><p>But here&#39;s the thing.</p><p>It appears that interest rates have likely peaked and, as a result, we, as short sellers, can no longer depend on an unfavorable macro environment to push the price lower. It is time to re-evaluate how the company is actually doing and weigh the risk factors against the coming bullish catalyst in the form of lower interest rates.</p><h2 id=\"id_2346371137\">Q2 results — things have indeed slowed down</h2><p>Let&#39;s start with the latest earnings.</p><p>Tesla booked record quarterly revenues of $25.5 Billion, thanks to</p><ol start=\"1\" style=\"\"><li><p>A rebound in vehicle deliveries from a low of 386k in Q1 to 443k, which is roughly in line with the average seen in 2023,</p></li><li><p>Rapid growth in the energy storage business with 9.4 GWh of deployments in Q2, up 100% YoY, and</p></li><li><p>Record regulatory credit revenues recognized during the quarter.</p></li></ol><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/50ffad2cb76be85f22e9f0cbdda7e5c3\" tg-width=\"640\" tg-height=\"332\"/></p><p>Tesla IR</p><p></p><p>Continuing with the positives, the gross margin for the quarter came in at 18%, in line with previous quarters, as lower sale prices were largely offset by lower COGS due to lower raw material costs, freight, and duties.</p><p>On the negatives, it&#39;s now clear that Tesla&#39;s growth has basically come to a standstill with total revenues up only 2% YoY and automotive revenues, which form the bulk of Tesla&#39;s business, down 7% YoY. Management insists that growth will pick up again in the future, but meanwhile Tesla&#39;s biggest rival — BYD Company Limited (OTCPK:BYDDF) — is seeing strong 21% growth in their EV sales. This is one of many reasons why I don&#39;t think Tesla deserves its premium multiple compared to other automakers (traditional and EV).</p><p>In addition to stalling growth, due to rising operating expenses, Tesla has been struggling to keep their operating margin. Just five to quarters ago, Tesla had an operating margin in the double digits. Today, despite no change to gross margin, the operating margin has been cut in half to just 6.3%. That is barely in line with BYD, despite trading at five times the valuation multiple.</p><p>Currently, it&#39;s <strong>difficult to argue that Tesla&#39;s auto segment is any better than BYD&#39;s</strong> as it exhibits significantly less growth and a similar margin.</p><h2 id=\"id_3167441143\">Why Am I Upgrading Tesla?</h2><p>Of course, Tesla has other divisions beyond car manufacturing, and the bulls will argue that these are worth the pricey premium. But the problem is that, except for Energy, none of the other divisions are profitable, and their profit prospects are uncertain and far in the future.</p><p>Meanwhile, the stock trades at 98x forward earnings. Such a high multiple only makes sense if earnings grow exponentially in the future, which in the case of Tesla implicitly assumes that divisions beyond auto manufacturing translate into profits.</p><p>I continue to be <strong>long-term bearish</strong> on Tesla, Inc. stock because I don&#39;t see its high valuation multiple as justified. <strong>But in the short to medium term, I see too many risks to shorting the stock</strong>.</p><p>In particular, I worry that <strong>(1)</strong> the re-rating to a lower multiple may take a long time as the stock has tons of die-hard fans, <strong>(2)</strong> we may now be in a period of trough earnings due to peaking interest rates, and <strong>(3)</strong> the expected decrease in interest rates could act as a significant bullish catalyst given Tesla, Inc. stock&#39;s sensitivity to interest rates.</p><p>For these reasons, I upgrade the stock to a HOLD / Neutral.</p><p>Editor&#39;s Note: This article discusses one or more securities that do not trade on a major U.S. exchange. Please be aware of the risks associated with these stocks.</p></body></html>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla: I Was Wrong To Short (Rating Upgrade)</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla: I Was Wrong To Short (Rating Upgrade)\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-09-17 07:52 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4721354-tesla-i-was-wrong-to-short-rating-upgrade><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>I've maintained a significant short position on Tesla, Inc. due to declining EV demand, growing competition, and an expensive valuation, despite recent stock price increases.Tesla's stock is highly ...</p>\n\n<a href=\"https://seekingalpha.com/article/4721354-tesla-i-was-wrong-to-short-rating-upgrade\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉","TSLL":"Direxion Daily TSLA Bull 2X Shares"},"source_url":"https://seekingalpha.com/article/4721354-tesla-i-was-wrong-to-short-rating-upgrade","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2468847193","content_text":"I've maintained a significant short position on Tesla, Inc. due to declining EV demand, growing competition, and an expensive valuation, despite recent stock price increases.Tesla's stock is highly sensitive to interest rates, and with rates likely peaking, the macro environment may no longer push the price lower.Q2 results show stalling growth and rising operating expenses, making Tesla's auto segment comparable to BYD Company's but at a much higher valuation.Given the potential bullish catalyst of decreasing interest rates, I upgrade Tesla to HOLD/Neutral despite long-term bearish views on its high valuation.Richard DruryDear readers,I've had a major short position on Tesla, Inc. (NASDAQ:TSLA) for quite some time.I first initiated the position in March at $177 per share and informed my readers (here). Later, I published an article called 7 Reasons To Short The Stock and doubled down on my position mainly due to:declining demand for EVs globally,growing competition,declining revenue growth and margins,an expensive valuation,and a dangerous technical level.Since that article, the stock price has jumped to $228 per share, which means that my short position is now around 25% underwater.I believe that long-term, the short will pay off as many of the aforementioned concerns very much remain and have actually been confirmed by the Q2 earnings report released in late July.At the same time, however, I recognize that interest rate cuts, which seem very likely in the coming months and quarters, are likely to be a bullish catalyst and could easily cause a surge in the price of Tesla stock.Today, I publish an update to my thesis based on the most recently published numbers, focusing mainly on the sensitivity of the stock to interest rates, and weighing the pros and cons of keeping my short on.The impact of high interest ratesMost analysts here on Seeking Alpha use the Fed funds rate as their preferred measure of interest rates in the economy. Personally, however, I prefer to look at the 2-year treasury yield (US2Y). The two tend to move in tandem with each other, but as evident from the chart above, the 2-year yield is more forward-looking (and therefore tends to drive the Fed funds rate).TradingviewThe chart below shows a clear negative relationship between interest rates (i.e., the 2-year treasury yield (US2Y)) and the price of Tesla stock. Since late 2022 and throughout 2023, Tesla declined by 75% from a high of $400 per share to just above $100 per share as interest rates increased from 0.5% to 4%. Importantly, the relationship also held quite well throughout 2024.The moral of the story is that while there are, of course, other factors that influence the price, the price of Tesla is very sensitive to interest rates.Data by YChartsThere are two fundamental reasons for this.First, the demand for EVs, especially in the U.S., is quite highly affected by financing rates. And higher financing costs often lead to people postponing their decision to buy a new car. Management has been very aware of this and has (somewhat successfully) tried to motivate people with attractive financing options such as sub-2% rates for any Model Y bought before September.Second, Tesla's expensive valuation (at almost 100x forward earnings) relies heavily on (uncertain) cash flows far in the future (after full self-driving (“FSD”) is fully functional and integrated, etc.). Long-duration cash flows get discounted at the current interest rate to arrive at a fair value of a stock. It follows that higher interest rates are negatively related to stock price performance.But here's the thing.It appears that interest rates have likely peaked and, as a result, we, as short sellers, can no longer depend on an unfavorable macro environment to push the price lower. It is time to re-evaluate how the company is actually doing and weigh the risk factors against the coming bullish catalyst in the form of lower interest rates.Q2 results — things have indeed slowed downLet's start with the latest earnings.Tesla booked record quarterly revenues of $25.5 Billion, thanks toA rebound in vehicle deliveries from a low of 386k in Q1 to 443k, which is roughly in line with the average seen in 2023,Rapid growth in the energy storage business with 9.4 GWh of deployments in Q2, up 100% YoY, andRecord regulatory credit revenues recognized during the quarter.Tesla IRContinuing with the positives, the gross margin for the quarter came in at 18%, in line with previous quarters, as lower sale prices were largely offset by lower COGS due to lower raw material costs, freight, and duties.On the negatives, it's now clear that Tesla's growth has basically come to a standstill with total revenues up only 2% YoY and automotive revenues, which form the bulk of Tesla's business, down 7% YoY. Management insists that growth will pick up again in the future, but meanwhile Tesla's biggest rival — BYD Company Limited (OTCPK:BYDDF) — is seeing strong 21% growth in their EV sales. This is one of many reasons why I don't think Tesla deserves its premium multiple compared to other automakers (traditional and EV).In addition to stalling growth, due to rising operating expenses, Tesla has been struggling to keep their operating margin. Just five to quarters ago, Tesla had an operating margin in the double digits. Today, despite no change to gross margin, the operating margin has been cut in half to just 6.3%. That is barely in line with BYD, despite trading at five times the valuation multiple.Currently, it's difficult to argue that Tesla's auto segment is any better than BYD's as it exhibits significantly less growth and a similar margin.Why Am I Upgrading Tesla?Of course, Tesla has other divisions beyond car manufacturing, and the bulls will argue that these are worth the pricey premium. But the problem is that, except for Energy, none of the other divisions are profitable, and their profit prospects are uncertain and far in the future.Meanwhile, the stock trades at 98x forward earnings. Such a high multiple only makes sense if earnings grow exponentially in the future, which in the case of Tesla implicitly assumes that divisions beyond auto manufacturing translate into profits.I continue to be long-term bearish on Tesla, Inc. stock because I don't see its high valuation multiple as justified. But in the short to medium term, I see too many risks to shorting the stock.In particular, I worry that (1) the re-rating to a lower multiple may take a long time as the stock has tons of die-hard fans, (2) we may now be in a period of trough earnings due to peaking interest rates, and (3) the expected decrease in interest rates could act as a significant bullish catalyst given Tesla, Inc. stock's sensitivity to interest rates.For these reasons, I upgrade the stock to a HOLD / Neutral.Editor's Note: This article discusses one or more securities that do not trade on a major U.S. exchange. Please be aware of the risks associated with these stocks.","news_type":1},"isVote":1,"tweetType":1,"viewCount":318,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":328634509176960,"gmtCreate":1721271972502,"gmtModify":1721271980415,"author":{"id":"3574213079513866","authorId":"3574213079513866","name":"NatMeg","avatar":"https://community-static.tradeup.com/news/425463aa7de7f81def2d836be3ff01e3","crmLevel":9,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574213079513866","authorIdStr":"3574213079513866"},"themes":[],"htmlText":"Who cares about price targets from analyst??&nbsp;","listText":"Who cares about price targets from analyst??&nbsp;","text":"Who cares about price targets from analyst??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/328634509176960","repostId":"1168426708","repostType":2,"isVote":1,"tweetType":1,"viewCount":741,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":328126048251920,"gmtCreate":1721138988401,"gmtModify":1721140128342,"author":{"id":"3574213079513866","authorId":"3574213079513866","name":"NatMeg","avatar":"https://community-static.tradeup.com/news/425463aa7de7f81def2d836be3ff01e3","crmLevel":9,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574213079513866","authorIdStr":"3574213079513866"},"themes":[],"htmlText":"Electrek is garbage. blind Tesla hater","listText":"Electrek is garbage. blind Tesla hater","text":"Electrek is garbage. blind Tesla hater","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/328126048251920","repostId":"2451794106","repostType":2,"isVote":1,"tweetType":1,"viewCount":276,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":327756504350792,"gmtCreate":1721050697326,"gmtModify":1721050711922,"author":{"id":"3574213079513866","authorId":"3574213079513866","name":"NatMeg","avatar":"https://community-static.tradeup.com/news/425463aa7de7f81def2d836be3ff01e3","crmLevel":9,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574213079513866","authorIdStr":"3574213079513866"},"themes":[],"htmlText":"Are u sure?","listText":"Are u sure?","text":"Are u sure?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/327756504350792","repostId":"1183929996","repostType":2,"isVote":1,"tweetType":1,"viewCount":602,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":314906749337896,"gmtCreate":1717912870483,"gmtModify":1717912874182,"author":{"id":"3574213079513866","authorId":"3574213079513866","name":"NatMeg","avatar":"https://community-static.tradeup.com/news/425463aa7de7f81def2d836be3ff01e3","crmLevel":9,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574213079513866","authorIdStr":"3574213079513866"},"themes":[],"htmlText":"Reuters is a waste of time&nbsp;","listText":"Reuters is a waste of time&nbsp;","text":"Reuters is a waste of time","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/314906749337896","repostId":"2442838202","repostType":2,"isVote":1,"tweetType":1,"viewCount":565,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":306154926215280,"gmtCreate":1715780017054,"gmtModify":1715782071266,"author":{"id":"3574213079513866","authorId":"3574213079513866","name":"NatMeg","avatar":"https://community-static.tradeup.com/news/425463aa7de7f81def2d836be3ff01e3","crmLevel":9,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574213079513866","authorIdStr":"3574213079513866"},"themes":[],"htmlText":"What stupid article is this?","listText":"What stupid article is this?","text":"What stupid article is this?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/306154926215280","isVote":1,"tweetType":1,"viewCount":424,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":303782731305272,"gmtCreate":1715186054649,"gmtModify":1715186058185,"author":{"id":"3574213079513866","authorId":"3574213079513866","name":"NatMeg","avatar":"https://community-static.tradeup.com/news/425463aa7de7f81def2d836be3ff01e3","crmLevel":9,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574213079513866","authorIdStr":"3574213079513866"},"themes":[],"htmlText":"Hit piece. Delay tactics by enemies of Elon.","listText":"Hit piece. Delay tactics by enemies of Elon.","text":"Hit piece. Delay tactics by enemies of Elon.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/303782731305272","repostId":"1175242990","repostType":2,"isVote":1,"tweetType":1,"viewCount":641,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":301538287394888,"gmtCreate":1714637260557,"gmtModify":1714637906136,"author":{"id":"3574213079513866","authorId":"3574213079513866","name":"NatMeg","avatar":"https://community-static.tradeup.com/news/425463aa7de7f81def2d836be3ff01e3","crmLevel":9,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574213079513866","authorIdStr":"3574213079513866"},"themes":[],"htmlText":"Reuters always spew lies and fake stories","listText":"Reuters always spew lies and fake stories","text":"Reuters always spew lies and fake stories","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/301538287394888","repostId":"2432504032","repostType":2,"isVote":1,"tweetType":1,"viewCount":613,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":220137731878952,"gmtCreate":1694765906199,"gmtModify":1694766255325,"author":{"id":"3574213079513866","authorId":"3574213079513866","name":"NatMeg","avatar":"https://community-static.tradeup.com/news/425463aa7de7f81def2d836be3ff01e3","crmLevel":9,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574213079513866","authorIdStr":"3574213079513866"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/ARM\">$ARM Holdings Ltd(ARM)$&nbsp;</a>","listText":"<a href=\"https://ttm.financial/S/ARM\">$ARM Holdings Ltd(ARM)$&nbsp;</a>","text":"$ARM Holdings Ltd(ARM)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/220137731878952","isVote":1,"tweetType":1,"viewCount":689,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9905706836,"gmtCreate":1659932439827,"gmtModify":1703476146114,"author":{"id":"3574213079513866","authorId":"3574213079513866","name":"NatMeg","avatar":"https://community-static.tradeup.com/news/425463aa7de7f81def2d836be3ff01e3","crmLevel":9,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574213079513866","authorIdStr":"3574213079513866"},"themes":[],"htmlText":"Stupid article lol","listText":"Stupid article lol","text":"Stupid article lol","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9905706836","repostId":"2257126136","repostType":2,"repost":{"id":"2257126136","kind":"highlight","pubTimestamp":1659912427,"share":"https://ttm.financial/m/news/2257126136?lang=&edition=fundamental","pubTime":"2022-08-08 06:47","market":"us","language":"en","title":"Prediction: These Will Be the 10 Largest Stocks by 2030","url":"https://stock-news.laohu8.com/highlight/detail?id=2257126136","media":"Motley Fool","summary":"Change is common on Wall Street, and there could be a major shake-up among the largest stocks by the turn of the decade.","content":"<html><head></head><body><p>For more than a century, Wall Street has been a wealth-building machine for those who are patient. Over long periods, high-quality companies and the indexes they&#39;re a part of tend to increase in value.</p><p>Something else that&#39;s commonplace on Wall Street is change. It&#39;s perfectly normal for innovation, acquisitions, competitive advantages, and other factors to shake up the world&#39;s largest publicly traded companies on a fairly regular basis.</p><p>Just 18 years ago, companies like <b>General Electric</b>, <b>AIG</b>, and <b>Intel</b> were among the 10 largest publicly traded companies by market cap. As of Aug. 4, Intel wasn&#39;t even in the top 50 any longer, while GE and AIG had fallen out of the top 125 and top 250, respectively. Eight years from now, in 2030, the stock market&#39;s 10 largest stocks could look vastly different than they do today.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/16d711291c526c90f22832ea8dbaa542\" tg-width=\"700\" tg-height=\"393\" referrerpolicy=\"no-referrer\"/><span>Image source: Getty Images.</span></p><p>While absolutely nothing is set in stone, I predict that the following 10 stocks will have the largest market caps by 2030. Note that these 10 companies aren&#39;t listed in any particular order.</p><h2>1. Berkshire Hathaway</h2><p>The first stock, conglomerate <b>Berkshire Hathaway</b>, should retain its spot in the top 10, even if billionaire CEO Warren Buffett isn&#39;t at the helm come 2030. After overseeing an average annual return on the company&#39;s Class A shares (BRK.A) of 20.1% since 1965, Buffett has clearly shown he&#39;s set his company up for long-term success.</p><p>One factor that makes Berkshire Hathaway such an incredible company is the mountain of passive income it collects every year. Over the next 12 months, Buffett&#39;s company is expected to bring in well over $6 billion in dividend income, with $4.25 billion coming from just a handful of companies. Because dividend stocks have a long history of outperforming nondividend payers, holding these time-tested companies for years or decades provides an added boost.</p><h2>2. Apple</h2><p>Perhaps the least-surprising prediction is that the largest publicly traded company in the U.S., <b>Apple</b>, will remain in the top 10 largest stocks by market cap by 2030.</p><p>Aside from an easily recognized brand name and faithful customer base, Apple&#39;s innovation is key to its success. Introducing a 5G-capable iPhone quickly pushed up its market share in the U.S., while CEO Tim Cook is busy leading a multiyear transition that emphasizes subscription services. Ultimately, subscriptions should boost Apple&#39;s operating margins and lessen the sales volatility witnessed during product replacement cycles.</p><p>Apple has also repurchased $520 billion worth of its own common stock since the beginning of 2013. If this aggressive buyback program continues, value investors are likely to continue plowing into Apple.</p><h2>3. Visa</h2><p>Payment processor <b>Visa</b> currently finds itself on the outside looking in (No. 11). By the turn of the decade, I expect it to firmly find itself as one of the 10 largest companies by market cap.</p><p>Visa&#39;s opportunity for expansion is enormous. Most global transactions are still being conducted in cash, which means it can expand organically into underbanked regions, such as the Middle East, Africa, and Southeastern Asia, or lean on acquisitions to grow (e.g., the Visa Europe buyout in 2016). Sustained double-digit annual growth should be the expectation throughout the decade.</p><p>What&#39;s more, Visa strictly sticks to payment processing. Although the company would probably do just fine as a lender, it would also expose Visa to potential loan delinquencies and losses during recessions. By avoiding lending, Visa is able to bounce back from economic downturns faster than its peers and maintain a profit margin above 50%.</p><h2>4. Alphabet</h2><p>Another FAANG stock that has an exceptionally high likelihood of retaining its top-10 ranking by market cap come 2030 is <b>Alphabet</b>, the parent company of internet search engine Google and streaming platform YouTube.</p><p>Google has long been Alphabet&#39;s foundational operating segment. Over the past two years, it&#39;s handled no less than 91% of global internet search share, a big reason why Alphabet sports such incredible ad-pricing power. As traffic acquisition costs decline over time, Google should continue to be a cash cow for the company.</p><p>But Alphabet&#39;s future is about its higher-growth initiatives like YouTube and Google Cloud. YouTube has grown into the second-most-visited social site in the world, while Google Cloud has gobbled up 8% of global cloud infrastructure spending.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/72753f29fd92e186bec3ea1c1d331f6b\" tg-width=\"700\" tg-height=\"510\" referrerpolicy=\"no-referrer\"/><span>Image source: Getty Images.</span></p><h2>5. Salesforce</h2><p>Cloud-based customer relationship management (CRM) software provider <b>Salesforce</b> could make one of the biggest leaps (currently No. 43) in terms of market cap by 2030. CRM software is what&#39;s used to help businesses enhance customer relationships and boost sales.</p><p>Global CRM software sales are expected to sustain double-digit growth through at least mid-decade, which is great news for the industry&#39;s unquestioned leader. According to IDC, Salesforce commanded a 23.8% share of CRM software spending in 2021 (over four times its next-closest competitor).</p><p>In addition to its commanding market share, co-CEO and co-founder Marc Benioff has a penchant for making earnings-accretive acquisitions. These deals broaden the Salesforce ecosystem and help with the company&#39;s cross-selling opportunities.</p><h2>6. Amazon</h2><p>E-commerce stock <b>Amazon</b> is another really strong bet to retain its spot in among the 10 largest stocks by the turn of the decade.</p><p>Most folks know Amazon for its industry-leading online marketplace. In 2022, eMarketer projects that Amazon will account for 39.5% of all U.S. online retail sales. But the real crown jewel is the more than 200 million Prime members who&#39;ve signed up as a result of its leading marketplace. The fees collected from Prime members help Amazon expand its logistics network and reinvest in high-growth initiatives.</p><p>There&#39;s also Amazon Web Services (AWS), which is the global No. 1 in cloud infrastructure spending with 33% market share. Corporate cloud spending is still in its early innings, which means Amazon&#39;s operating cash flow could skyrocket in the years ahead.</p><h2>7. PayPal Holdings</h2><p>The company I predict will make the biggest leap into the top 10 stocks by market cap is fintech giant <b>PayPal Holdings</b>. PayPal is currently No. 88, with a $112 billion market cap.</p><p>Digital payments are still in their infancy, which bodes well for fee-based payment platforms. Even with U.S. gross domestic product declining in back-to-back quarters, PayPal&#39;s total payment volume on its network continues to grow by a double-digit percentage on a constant-currency basis.</p><p>Arguably even more important, active users are more engaged than ever. At the end of 2020, active users were completing 40.9 transactions over the trailing 12 months (ttm). This figure is up to 48.7 transactions per active account on a ttm basis through June 2022, and it continues to climb.</p><h2>8. Microsoft</h2><p>Software kingpin <b>Microsoft</b>, the only company from the 10 largest stocks by market cap in 1999 to still have a top-10 position today, has a good shot at sustaining its dominance throughout the decade.</p><p>Microsoft&#39;s success is a function of raking in mammoth amounts of cash flow from its legacy operations and funneling this cash into faster-growing projects. For instance, even though its high-margin Windows franchise is generally a slow grower, it still accounts for a 76% share of global desktop operating systems.</p><p>Microsoft is utilizing this cash flow to reinvest in a variety of cloud initiatives -- Azure is the global No. 2 in cloud infrastructure spending and grew sales by 46% on a constant-currency basis in the June-ended quarter -- and fuel acquisitions.  For instance, Microsoft offered $68.7 billion to acquire gaming company <b>Activision Blizzard</b> in January.</p><h2>9. Chevron</h2><p>Despite a feverish renewable energy push by most developed countries, I predict oil and gas major <b>Chevron</b> will find its way into 10 largest publicly traded companies by market cap in 2030.</p><p>The biggest reason for this push is the expectation that oil and natural gas prices will remain elevated for many years to come. The pandemic resulted in multiple years of reduced domestic and international drilling and pipeline investment. Couple this with Russia - Ukraine war, and you&#39;ll see there&#39;s a clear risk to global energy supply.</p><p>Chevron is also in excellent financial shape compared to most other integrated oil stocks. By prudently deploying its capital and minimizing debt, Chevron has been able to maintain its superior dividend, repurchase its own stock, and fund key natural gas projects in the Asia-Pacific region.</p><h2>10. <a href=\"https://laohu8.com/S/META\">Meta Platforms</a></h2><p>Lastly, social media stock <b>Meta Platforms</b>, the company formerly known as Facebook, should find itself as one of the 10 largest stocks in 2030. You&#39;ll note that current top-10 stocks <b>Tesla</b>, <b>UnitedHealth Group</b>, <b>Nvidia</b>, and <b>Johnson &amp; Johnson</b>, didn&#39;t make the cut.</p><p>Although social media usage statistics can be extremely fickle to project one year in advance, let alone in eight years, Meta has four of the most downloaded apps in the world. On a combined basis, Facebook, Instagram, WhatsApp, and Facebook Messenger attracted 3.65 billion monthly active users in the June-ended quarter. That&#39;s over half the global adult population and a big reason why Facebook&#39;s ad-pricing power is exceptionally strong more often than not.</p><p>The wild card is the company&#39;s metaverse ambitions, the &#34;metaverse&#34; being the next iteration of the internet that allows connected users to interact with each other and their surroundings in a 3D virtual environment. It will be years before the necessary infrastructure is in place to support the metaverse. But once there, Meta&#39;s hefty investments could make it a key player in this potentially $30 trillion opportunity.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Prediction: These Will Be the 10 Largest Stocks by 2030</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPrediction: These Will Be the 10 Largest Stocks by 2030\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-08 06:47 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/08/06/prediction-these-will-be-10-largest-stocks-by-2030/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>For more than a century, Wall Street has been a wealth-building machine for those who are patient. Over long periods, high-quality companies and the indexes they're a part of tend to increase in value...</p>\n\n<a href=\"https://www.fool.com/investing/2022/08/06/prediction-these-will-be-10-largest-stocks-by-2030/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.fool.com/investing/2022/08/06/prediction-these-will-be-10-largest-stocks-by-2030/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2257126136","content_text":"For more than a century, Wall Street has been a wealth-building machine for those who are patient. Over long periods, high-quality companies and the indexes they're a part of tend to increase in value.Something else that's commonplace on Wall Street is change. It's perfectly normal for innovation, acquisitions, competitive advantages, and other factors to shake up the world's largest publicly traded companies on a fairly regular basis.Just 18 years ago, companies like General Electric, AIG, and Intel were among the 10 largest publicly traded companies by market cap. As of Aug. 4, Intel wasn't even in the top 50 any longer, while GE and AIG had fallen out of the top 125 and top 250, respectively. Eight years from now, in 2030, the stock market's 10 largest stocks could look vastly different than they do today.Image source: Getty Images.While absolutely nothing is set in stone, I predict that the following 10 stocks will have the largest market caps by 2030. Note that these 10 companies aren't listed in any particular order.1. Berkshire HathawayThe first stock, conglomerate Berkshire Hathaway, should retain its spot in the top 10, even if billionaire CEO Warren Buffett isn't at the helm come 2030. After overseeing an average annual return on the company's Class A shares (BRK.A) of 20.1% since 1965, Buffett has clearly shown he's set his company up for long-term success.One factor that makes Berkshire Hathaway such an incredible company is the mountain of passive income it collects every year. Over the next 12 months, Buffett's company is expected to bring in well over $6 billion in dividend income, with $4.25 billion coming from just a handful of companies. Because dividend stocks have a long history of outperforming nondividend payers, holding these time-tested companies for years or decades provides an added boost.2. ApplePerhaps the least-surprising prediction is that the largest publicly traded company in the U.S., Apple, will remain in the top 10 largest stocks by market cap by 2030.Aside from an easily recognized brand name and faithful customer base, Apple's innovation is key to its success. Introducing a 5G-capable iPhone quickly pushed up its market share in the U.S., while CEO Tim Cook is busy leading a multiyear transition that emphasizes subscription services. Ultimately, subscriptions should boost Apple's operating margins and lessen the sales volatility witnessed during product replacement cycles.Apple has also repurchased $520 billion worth of its own common stock since the beginning of 2013. If this aggressive buyback program continues, value investors are likely to continue plowing into Apple.3. VisaPayment processor Visa currently finds itself on the outside looking in (No. 11). By the turn of the decade, I expect it to firmly find itself as one of the 10 largest companies by market cap.Visa's opportunity for expansion is enormous. Most global transactions are still being conducted in cash, which means it can expand organically into underbanked regions, such as the Middle East, Africa, and Southeastern Asia, or lean on acquisitions to grow (e.g., the Visa Europe buyout in 2016). Sustained double-digit annual growth should be the expectation throughout the decade.What's more, Visa strictly sticks to payment processing. Although the company would probably do just fine as a lender, it would also expose Visa to potential loan delinquencies and losses during recessions. By avoiding lending, Visa is able to bounce back from economic downturns faster than its peers and maintain a profit margin above 50%.4. AlphabetAnother FAANG stock that has an exceptionally high likelihood of retaining its top-10 ranking by market cap come 2030 is Alphabet, the parent company of internet search engine Google and streaming platform YouTube.Google has long been Alphabet's foundational operating segment. Over the past two years, it's handled no less than 91% of global internet search share, a big reason why Alphabet sports such incredible ad-pricing power. As traffic acquisition costs decline over time, Google should continue to be a cash cow for the company.But Alphabet's future is about its higher-growth initiatives like YouTube and Google Cloud. YouTube has grown into the second-most-visited social site in the world, while Google Cloud has gobbled up 8% of global cloud infrastructure spending.Image source: Getty Images.5. SalesforceCloud-based customer relationship management (CRM) software provider Salesforce could make one of the biggest leaps (currently No. 43) in terms of market cap by 2030. CRM software is what's used to help businesses enhance customer relationships and boost sales.Global CRM software sales are expected to sustain double-digit growth through at least mid-decade, which is great news for the industry's unquestioned leader. According to IDC, Salesforce commanded a 23.8% share of CRM software spending in 2021 (over four times its next-closest competitor).In addition to its commanding market share, co-CEO and co-founder Marc Benioff has a penchant for making earnings-accretive acquisitions. These deals broaden the Salesforce ecosystem and help with the company's cross-selling opportunities.6. AmazonE-commerce stock Amazon is another really strong bet to retain its spot in among the 10 largest stocks by the turn of the decade.Most folks know Amazon for its industry-leading online marketplace. In 2022, eMarketer projects that Amazon will account for 39.5% of all U.S. online retail sales. But the real crown jewel is the more than 200 million Prime members who've signed up as a result of its leading marketplace. The fees collected from Prime members help Amazon expand its logistics network and reinvest in high-growth initiatives.There's also Amazon Web Services (AWS), which is the global No. 1 in cloud infrastructure spending with 33% market share. Corporate cloud spending is still in its early innings, which means Amazon's operating cash flow could skyrocket in the years ahead.7. PayPal HoldingsThe company I predict will make the biggest leap into the top 10 stocks by market cap is fintech giant PayPal Holdings. PayPal is currently No. 88, with a $112 billion market cap.Digital payments are still in their infancy, which bodes well for fee-based payment platforms. Even with U.S. gross domestic product declining in back-to-back quarters, PayPal's total payment volume on its network continues to grow by a double-digit percentage on a constant-currency basis.Arguably even more important, active users are more engaged than ever. At the end of 2020, active users were completing 40.9 transactions over the trailing 12 months (ttm). This figure is up to 48.7 transactions per active account on a ttm basis through June 2022, and it continues to climb.8. MicrosoftSoftware kingpin Microsoft, the only company from the 10 largest stocks by market cap in 1999 to still have a top-10 position today, has a good shot at sustaining its dominance throughout the decade.Microsoft's success is a function of raking in mammoth amounts of cash flow from its legacy operations and funneling this cash into faster-growing projects. For instance, even though its high-margin Windows franchise is generally a slow grower, it still accounts for a 76% share of global desktop operating systems.Microsoft is utilizing this cash flow to reinvest in a variety of cloud initiatives -- Azure is the global No. 2 in cloud infrastructure spending and grew sales by 46% on a constant-currency basis in the June-ended quarter -- and fuel acquisitions.  For instance, Microsoft offered $68.7 billion to acquire gaming company Activision Blizzard in January.9. ChevronDespite a feverish renewable energy push by most developed countries, I predict oil and gas major Chevron will find its way into 10 largest publicly traded companies by market cap in 2030.The biggest reason for this push is the expectation that oil and natural gas prices will remain elevated for many years to come. The pandemic resulted in multiple years of reduced domestic and international drilling and pipeline investment. Couple this with Russia - Ukraine war, and you'll see there's a clear risk to global energy supply.Chevron is also in excellent financial shape compared to most other integrated oil stocks. By prudently deploying its capital and minimizing debt, Chevron has been able to maintain its superior dividend, repurchase its own stock, and fund key natural gas projects in the Asia-Pacific region.10. Meta PlatformsLastly, social media stock Meta Platforms, the company formerly known as Facebook, should find itself as one of the 10 largest stocks in 2030. You'll note that current top-10 stocks Tesla, UnitedHealth Group, Nvidia, and Johnson & Johnson, didn't make the cut.Although social media usage statistics can be extremely fickle to project one year in advance, let alone in eight years, Meta has four of the most downloaded apps in the world. On a combined basis, Facebook, Instagram, WhatsApp, and Facebook Messenger attracted 3.65 billion monthly active users in the June-ended quarter. That's over half the global adult population and a big reason why Facebook's ad-pricing power is exceptionally strong more often than not.The wild card is the company's metaverse ambitions, the \"metaverse\" being the next iteration of the internet that allows connected users to interact with each other and their surroundings in a 3D virtual environment. It will be years before the necessary infrastructure is in place to support the metaverse. But once there, Meta's hefty investments could make it a key player in this potentially $30 trillion opportunity.","news_type":1},"isVote":1,"tweetType":1,"viewCount":883,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9039457102,"gmtCreate":1646106361393,"gmtModify":1676534092003,"author":{"id":"3574213079513866","authorId":"3574213079513866","name":"NatMeg","avatar":"https://community-static.tradeup.com/news/425463aa7de7f81def2d836be3ff01e3","crmLevel":9,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574213079513866","authorIdStr":"3574213079513866"},"themes":[],"htmlText":"Don't make me laugh&nbsp;","listText":"Don't make me laugh&nbsp;","text":"Don't make me laugh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9039457102","repostId":"1106936697","repostType":2,"isVote":1,"tweetType":1,"viewCount":659,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9001863923,"gmtCreate":1641218835791,"gmtModify":1676533584034,"author":{"id":"3574213079513866","authorId":"3574213079513866","name":"NatMeg","avatar":"https://community-static.tradeup.com/news/425463aa7de7f81def2d836be3ff01e3","crmLevel":9,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574213079513866","authorIdStr":"3574213079513866"},"themes":[],"htmlText":"Why do u only show Nov production numbers?","listText":"Why do u only show Nov production numbers?","text":"Why do u only show Nov production numbers?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9001863923","repostId":"2200203447","repostType":2,"repost":{"id":"2200203447","kind":"highlight","pubTimestamp":1641210131,"share":"https://ttm.financial/m/news/2200203447?lang=&edition=fundamental","pubTime":"2022-01-03 19:42","market":"us","language":"en","title":"Will Nio Recover in 2022?","url":"https://stock-news.laohu8.com/highlight/detail?id=2200203447","media":"Motley Fool","summary":"The Chinese EV stock fell more than 40% in 2021.","content":"<html><head></head><body><p>For electric vehicle (EV) investors, China is an attractive market. Global EV sales are estimated to be roughly 6 million units for 2021. Of these, China alone is expected to account for around 2.9 million units.</p><p>Yet, investors remain skeptical about investing in Chinese stocks. Considering some key developments in China in 2021, such skepticism looks reasonable. However, assuming you&#39;ve already considered that risk in the context of your portfolio, let&#39;s discuss whether it is a good idea to buy <b>Nio</b> (NYSE:NIO) stock right now.</p><h2>Nio operates in a competitive market</h2><p>As a leading market for EVs, China obviously attracts top global players. Nio competes with established players, including <b>BYD</b> and <b>Tesla</b>, as well as with newer entrants, including <b>Li Auto</b> and <b>XPeng</b>. Further, Nio also faces competition from legacy automakers, including <b>Volkswagen</b> and <b>General Motors</b>, which are looking to capture a portion of the fast-growing Chinese EV market.</p><p>In November, BYD sold 90,546 EVs in China, compared to around 10,700 vehicles delivered by Nio. By comparison, Tesla sold 52,859 EVs in China in November.</p><h2>There is a lot to like about Nio</h2><p>After launching its first car in 2016, Nio has delivered more than 156,000 electric vehicles so far, with 80,940 delivered in 2021 (through November). The company&#39;s recent sales growth indicates a robust demand for its vehicles.</p><p><img src=\"https://static.tigerbbs.com/670d856ff0346c7e93c8e8e480af9f25\" tg-width=\"720\" tg-height=\"387\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>NIO revenue (quarterly). Data by YCharts.</p><p>Among Chinese pure-play EV companies, Nio is a top player both in terms of revenue and revenue growth. Notably, BYD  derives only a little over half of its revenue from vehicle sales. There are some key factors that differentiate Nio from its competitors.</p><p>First, Nio&#39;s innovative Battery-as-as-Service model allows its users to swap batteries of their EVs with new ones at any of the company&#39;s 700 battery swapping stations. Users can swap their discharged batteries quickly if they are short of time to recharge it. Alternatively, they may choose to swap a battery and go for a bigger or smaller pack, depending on their specific need. Nio has done more than 5.3 million battery swaps so far, indicating a robust demand for the same.</p><p>Second, Nio is launching two new models: the ET7, a luxury sedan, and the ET5, a mid-size sedan. Moreover, the company will launch a third new model in 2022, which hasn&#39;t been unveiled yet. Not many of its competitors are planning to launch as many new models in the year. Further, these upcoming models are expected to be among the best in their target segment.</p><p>Both ET5 and ET7 come with Renminbi (RMB) 680  (around $106) monthly subscription for autonomous driving updates. Further, both have different battery options, from a 75 kilowatt-hour (kWh) (70 kWh in ET7) standard-range battery to a 150 kWh battery, which can go 620 miles on a single recharge. Deliveries of ET7 are expected to commence in March and ET5 in September.</p><p>The ET5 model is priced at RMB 328,000 (roughly $51,500) while ET7&#39;s price starts from RMB 448,000 (around $70,300). These two new models are expected to receive a positive response from customers, boosting Nio&#39;s sales in 2022. That could also support the stock&#39;s price in the new year.</p><h2>Is Nio stock a buy?</h2><p>Nio stock is trading at a forward price-to-sales ratio of around 4.6. That&#39;s comparable to that of its peers Li Auto and XPeng. However, Nio&#39;s ratio has improved significantly from around 10 in January 2021.</p><p><img src=\"https://static.tigerbbs.com/ab5adec3f3bcb25400c9d421c029e336\" tg-width=\"720\" tg-height=\"387\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>NIO PS Ratio (Forward 1y). Data by YCharts.</p><p>By comparison, BYD stock is trading at a price-to-sales ratio of around 3. As Nio is still not making profits, price-to-sales ratio is useful for comparing its valuation relative to its peers. A lower ratio is considered better.</p><p>Again, Nio stock looks much better valued compared to stocks of U.S. EV companies, such as <b>Rivian</b> or <b>Lucid</b>, each of which has delivered only a few hundred vehicles so far.</p><p>Apart from the domestic China market, Nio is targeting European markets for expansion. It started deliveries in Norway in September and is looking to enter five more countries in 2022. If successful, this expansion will establish Nio as a top EV maker that can meet global quality standards.</p><p>Despite competition, Nio has been growing its sales so far. Its upcoming models, international growth plans, and innovative offerings positions it well for long-term growth. Growth prospects, combined with a relatively attractive valuation, makes Nio stock appealing right now.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Will Nio Recover in 2022?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWill Nio Recover in 2022?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-03 19:42 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/01/02/will-nio-recover-in-2022/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>For electric vehicle (EV) investors, China is an attractive market. Global EV sales are estimated to be roughly 6 million units for 2021. Of these, China alone is expected to account for around 2.9 ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/01/02/will-nio-recover-in-2022/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.fool.com/investing/2022/01/02/will-nio-recover-in-2022/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2200203447","content_text":"For electric vehicle (EV) investors, China is an attractive market. Global EV sales are estimated to be roughly 6 million units for 2021. Of these, China alone is expected to account for around 2.9 million units.Yet, investors remain skeptical about investing in Chinese stocks. Considering some key developments in China in 2021, such skepticism looks reasonable. However, assuming you've already considered that risk in the context of your portfolio, let's discuss whether it is a good idea to buy Nio (NYSE:NIO) stock right now.Nio operates in a competitive marketAs a leading market for EVs, China obviously attracts top global players. Nio competes with established players, including BYD and Tesla, as well as with newer entrants, including Li Auto and XPeng. Further, Nio also faces competition from legacy automakers, including Volkswagen and General Motors, which are looking to capture a portion of the fast-growing Chinese EV market.In November, BYD sold 90,546 EVs in China, compared to around 10,700 vehicles delivered by Nio. By comparison, Tesla sold 52,859 EVs in China in November.There is a lot to like about NioAfter launching its first car in 2016, Nio has delivered more than 156,000 electric vehicles so far, with 80,940 delivered in 2021 (through November). The company's recent sales growth indicates a robust demand for its vehicles.NIO revenue (quarterly). Data by YCharts.Among Chinese pure-play EV companies, Nio is a top player both in terms of revenue and revenue growth. Notably, BYD  derives only a little over half of its revenue from vehicle sales. There are some key factors that differentiate Nio from its competitors.First, Nio's innovative Battery-as-as-Service model allows its users to swap batteries of their EVs with new ones at any of the company's 700 battery swapping stations. Users can swap their discharged batteries quickly if they are short of time to recharge it. Alternatively, they may choose to swap a battery and go for a bigger or smaller pack, depending on their specific need. Nio has done more than 5.3 million battery swaps so far, indicating a robust demand for the same.Second, Nio is launching two new models: the ET7, a luxury sedan, and the ET5, a mid-size sedan. Moreover, the company will launch a third new model in 2022, which hasn't been unveiled yet. Not many of its competitors are planning to launch as many new models in the year. Further, these upcoming models are expected to be among the best in their target segment.Both ET5 and ET7 come with Renminbi (RMB) 680  (around $106) monthly subscription for autonomous driving updates. Further, both have different battery options, from a 75 kilowatt-hour (kWh) (70 kWh in ET7) standard-range battery to a 150 kWh battery, which can go 620 miles on a single recharge. Deliveries of ET7 are expected to commence in March and ET5 in September.The ET5 model is priced at RMB 328,000 (roughly $51,500) while ET7's price starts from RMB 448,000 (around $70,300). These two new models are expected to receive a positive response from customers, boosting Nio's sales in 2022. That could also support the stock's price in the new year.Is Nio stock a buy?Nio stock is trading at a forward price-to-sales ratio of around 4.6. That's comparable to that of its peers Li Auto and XPeng. However, Nio's ratio has improved significantly from around 10 in January 2021.NIO PS Ratio (Forward 1y). Data by YCharts.By comparison, BYD stock is trading at a price-to-sales ratio of around 3. As Nio is still not making profits, price-to-sales ratio is useful for comparing its valuation relative to its peers. A lower ratio is considered better.Again, Nio stock looks much better valued compared to stocks of U.S. EV companies, such as Rivian or Lucid, each of which has delivered only a few hundred vehicles so far.Apart from the domestic China market, Nio is targeting European markets for expansion. It started deliveries in Norway in September and is looking to enter five more countries in 2022. If successful, this expansion will establish Nio as a top EV maker that can meet global quality standards.Despite competition, Nio has been growing its sales so far. Its upcoming models, international growth plans, and innovative offerings positions it well for long-term growth. Growth prospects, combined with a relatively attractive valuation, makes Nio stock appealing right now.","news_type":1},"isVote":1,"tweetType":1,"viewCount":121,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":885837734,"gmtCreate":1631774572828,"gmtModify":1676530632244,"author":{"id":"3574213079513866","authorId":"3574213079513866","name":"NatMeg","avatar":"https://community-static.tradeup.com/news/425463aa7de7f81def2d836be3ff01e3","crmLevel":9,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574213079513866","authorIdStr":"3574213079513866"},"themes":[],"htmlText":"$266M out of $3,260M is not even 1% of her total&nbsp;Tesla holdings…&nbsp;","listText":"$266M out of $3,260M is not even 1% of her total&nbsp;Tesla holdings…&nbsp;","text":"$266M out of $3,260M is not even 1% of her total Tesla holdings…","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/885837734","repostId":"2167287516","repostType":4,"isVote":1,"tweetType":1,"viewCount":544,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":9039457102,"gmtCreate":1646106361393,"gmtModify":1676534092003,"author":{"id":"3574213079513866","authorId":"3574213079513866","name":"NatMeg","avatar":"https://community-static.tradeup.com/news/425463aa7de7f81def2d836be3ff01e3","crmLevel":9,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574213079513866","authorIdStr":"3574213079513866"},"themes":[],"htmlText":"Don't make me laugh&nbsp;","listText":"Don't make me laugh&nbsp;","text":"Don't make me laugh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9039457102","repostId":"1106936697","repostType":2,"repost":{"id":"1106936697","kind":"news","pubTimestamp":1646104713,"share":"https://ttm.financial/m/news/1106936697?lang=&edition=fundamental","pubTime":"2022-03-01 11:18","market":"us","language":"en","title":"Tesla Is Still Fundamentally Overvalued","url":"https://stock-news.laohu8.com/highlight/detail?id=1106936697","media":"investorplace","summary":"Tesla (NASDAQ:TSLA) stock has lost about one-third of its value since hitting an all-time high of $1,222/share at the start of November.Tesla stock opened on Feb. 28 at $815. That’s still a market cap","content":"<html><head></head><body><p>Tesla (NASDAQ:TSLA) stock has lost about one-third of its value since hitting an all-time high of $1,222/share at the start of November.</p><p>Tesla stock opened on Feb. 28 at $815. That’s still a market capitalization of over $890 billion on 2021 revenues of $53.8 billion. Tesla brought 10% of that revenue to the net income line, but the price to earnings (P/E) ratio is still 177, and the price to sales (P/S) ratio 17.</p><p>Tesla stock has always risen against a tide of bearishness, an assumption that CEO Elon Musk could not do what he was in fact doing. But fewer than 3% of shares are now being held short. Analysts are bullish, with 16 of 29 at Tipranks saying buy it.</p><p>That’s probably why I wouldn’t touch it right now.</p><h2>Tesla Still Just Makes Cars</h2><p>CEO Elon Musk has always called Tesla a technology company, but it is still a manufacturer. Manufacturers need supply chains. Supply chains around the world are being disrupted. War and pandemics are inherently disruptive things. Both are generally unhealthy for economies and other living things.</p><p>Ultimately, Tesla isn’t falling because of Musk’s Twitter, a Justice Department probe of shorts or relations with the Biden administration.</p><p>It’s falling on fundamentals. Scaling is difficult. It doesn’t get easier, for cars anyway, after the initial scaling.</p><p>The electric vehicle posse has been after Tesla for years, and they’re closing in. Lucid Group (NASDAQ:LCID) and Rivian (NASDAQ:RIVN) are delivering electric cars that look very Tesla-like. Ford Motor (NYSE:F) has begun doing the same. Volkswagen (OTCMKTS:VWAGY) is ramping up production. Chinese companies are now strong enough to get by on reduced government help.</p><p>To justify its current price, Tesla needs to become bigger than General Motors (NYSE:GM) or Ford within just a few years. Opening its German plant will help. But you’re still assuming last year’s growth of 83% in car deliveries can be replicated. You’re still assuming Tesla can produce, and sell, hundreds of thousands of its butt-ugly Cybertrucks in Texas against Ford, GM, and Toyota (NYSE:TM).</p><h2>Stock Market Exuberance</h2><p>Tesla stock has been falling even while pension funds like Canada’s have been piling in. The assumption is that Tesla is Apple (NASDAQ:AAPL), that its software, electricity, insurance and services will multiply the value of each Tesla sale. But almost 90% of Tesla revenue still comes from cars. Tesla is not a solar panel company either. Battery storage revenues fell 38% in 2021.</p><p>That’s not to say Tesla hasn’t performed well. It has.</p><p>But its stock price assumes it can keep growing near its present rate, even as electric car production elsewhere ramps up.</p><p>We saw this last year with cloud stocks. There’s a limit to what people will pay for growth. Tesla seems to have gone through that limit, at ludicrous speed.</p><p>Meanwhile the Musks have taken their eyes off the ball. Buying Bitcoin while pretending to be unaware of its environmental damage is just stupid. Going into the video game industry is also stupid.</p><h2>The Bottom Line on TSLA Stock</h2><p>There are limits to what investors should pay for growth.</p><p>I think Tesla has exceeded those limits.</p><p>This doesn’t mean Tesla is a bad company. I think it can easily grow its top line by 50% this year, profitably. But then that growth is going to slow. Big numbers are harder to shift. The diversity of income Tesla once promised isn’t happening. It’s still a car company, and Elon Musk is growing bored with it.</p><p>If you assume TSLA stock is worth 10 times current revenue, or that its profit can double and it’s worth 30 times that, you’re still looking at a big drop in its stock price. I think there are better growth opportunities out there, in clouds, in software, in things that scale more easily than cars.</p></body></html>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla Is Still Fundamentally Overvalued</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla Is Still Fundamentally Overvalued\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-03-01 11:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2022/02/tsla-stock-still-fundamentally-overvalued/><strong>investorplace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tesla (NASDAQ:TSLA) stock has lost about one-third of its value since hitting an all-time high of $1,222/share at the start of November.Tesla stock opened on Feb. 28 at $815. That’s still a market ...</p>\n\n<a href=\"https://investorplace.com/2022/02/tsla-stock-still-fundamentally-overvalued/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://investorplace.com/2022/02/tsla-stock-still-fundamentally-overvalued/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1106936697","content_text":"Tesla (NASDAQ:TSLA) stock has lost about one-third of its value since hitting an all-time high of $1,222/share at the start of November.Tesla stock opened on Feb. 28 at $815. That’s still a market capitalization of over $890 billion on 2021 revenues of $53.8 billion. Tesla brought 10% of that revenue to the net income line, but the price to earnings (P/E) ratio is still 177, and the price to sales (P/S) ratio 17.Tesla stock has always risen against a tide of bearishness, an assumption that CEO Elon Musk could not do what he was in fact doing. But fewer than 3% of shares are now being held short. Analysts are bullish, with 16 of 29 at Tipranks saying buy it.That’s probably why I wouldn’t touch it right now.Tesla Still Just Makes CarsCEO Elon Musk has always called Tesla a technology company, but it is still a manufacturer. Manufacturers need supply chains. Supply chains around the world are being disrupted. War and pandemics are inherently disruptive things. Both are generally unhealthy for economies and other living things.Ultimately, Tesla isn’t falling because of Musk’s Twitter, a Justice Department probe of shorts or relations with the Biden administration.It’s falling on fundamentals. Scaling is difficult. It doesn’t get easier, for cars anyway, after the initial scaling.The electric vehicle posse has been after Tesla for years, and they’re closing in. Lucid Group (NASDAQ:LCID) and Rivian (NASDAQ:RIVN) are delivering electric cars that look very Tesla-like. Ford Motor (NYSE:F) has begun doing the same. Volkswagen (OTCMKTS:VWAGY) is ramping up production. Chinese companies are now strong enough to get by on reduced government help.To justify its current price, Tesla needs to become bigger than General Motors (NYSE:GM) or Ford within just a few years. Opening its German plant will help. But you’re still assuming last year’s growth of 83% in car deliveries can be replicated. You’re still assuming Tesla can produce, and sell, hundreds of thousands of its butt-ugly Cybertrucks in Texas against Ford, GM, and Toyota (NYSE:TM).Stock Market ExuberanceTesla stock has been falling even while pension funds like Canada’s have been piling in. The assumption is that Tesla is Apple (NASDAQ:AAPL), that its software, electricity, insurance and services will multiply the value of each Tesla sale. But almost 90% of Tesla revenue still comes from cars. Tesla is not a solar panel company either. Battery storage revenues fell 38% in 2021.That’s not to say Tesla hasn’t performed well. It has.But its stock price assumes it can keep growing near its present rate, even as electric car production elsewhere ramps up.We saw this last year with cloud stocks. There’s a limit to what people will pay for growth. Tesla seems to have gone through that limit, at ludicrous speed.Meanwhile the Musks have taken their eyes off the ball. Buying Bitcoin while pretending to be unaware of its environmental damage is just stupid. Going into the video game industry is also stupid.The Bottom Line on TSLA StockThere are limits to what investors should pay for growth.I think Tesla has exceeded those limits.This doesn’t mean Tesla is a bad company. I think it can easily grow its top line by 50% this year, profitably. But then that growth is going to slow. Big numbers are harder to shift. The diversity of income Tesla once promised isn’t happening. It’s still a car company, and Elon Musk is growing bored with it.If you assume TSLA stock is worth 10 times current revenue, or that its profit can double and it’s worth 30 times that, you’re still looking at a big drop in its stock price. I think there are better growth opportunities out there, in clouds, in software, in things that scale more easily than cars.","news_type":1},"isVote":1,"tweetType":1,"viewCount":659,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":327756504350792,"gmtCreate":1721050697326,"gmtModify":1721050711922,"author":{"id":"3574213079513866","authorId":"3574213079513866","name":"NatMeg","avatar":"https://community-static.tradeup.com/news/425463aa7de7f81def2d836be3ff01e3","crmLevel":9,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574213079513866","authorIdStr":"3574213079513866"},"themes":[],"htmlText":"Are u sure?","listText":"Are u sure?","text":"Are u sure?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/327756504350792","repostId":"1183929996","repostType":2,"repost":{"id":"1183929996","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1721053800,"share":"https://ttm.financial/m/news/1183929996?lang=&edition=fundamental","pubTime":"2024-07-15 22:30","market":"us","language":"en","title":"Tesla Stock Jumps 6% As Elon Musk Says He “Fully” Endorses Trump After Trump Attack","url":"https://stock-news.laohu8.com/highlight/detail?id=1183929996","media":"Tiger Newspress","summary":"Elon Musk posted on X that he \"fully\" endorses Donald Trump moments after the former president and presumptive Republican nominee was rushed off stage by secret service members following gunshots at a","content":"<html><head></head><body><p>Elon Musk posted on X that he &#34;fully&#34; endorses Donald Trump moments after the former president and presumptive Republican nominee was rushed off stage by secret service members following gunshots at a rally in Pennsylvania on Saturday.</p><p style=\"text-align: start;\">&#34;I fully endorse President Trump and hope for his rapid recovery,&#34; Musk wrote on X, which he owns.</p><p>Tesla shares jumped 6% in morning trading Monday. investors also prepared for the electric vehicle maker&#39;s Q2 earnings report and waited for word if the August 8 robotaxi event is being postponed.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/91dc9b84481210cca10e6424fb254c43\" title=\"\" tg-width=\"877\" tg-height=\"628\"/></p><p style=\"text-align: start;\">Trump was taken to a local medical facility, where he is receiving care. His spokesman said the former president &#34;will be fine.&#34; Trump had what appeared to be blood on the side of his head and his ear.</p><p>In a separate post, Musk, the CEO of Tesla and defense contractor SpaceX, shared a photo showing Trump pumping his fist into the air with the American flag behind him and with secret service members scrambling to protect him. Musk also compared Trump to Theodore Roosevelt, who survived an assassination attempt while campaigning for president in 1912.</p><p style=\"text-align: start;\">One spectator from the rally is dead, and a second is in serious condition, according to the district attorney in Butler County, where the rally took place. The shooter is dead, NBC News confirms.</p><p style=\"text-align: start;\">While Musk hadn&#39;t directly endorsed Trump prior to Saturday&#39;s event, he had made clear that he was opposing President Joe Biden&#39;s return to the White House. He claimed in a post in March that he was not going to donate money to either candidate for president.</p><p style=\"text-align: start;\">Musk met with Trump earlier this year at his Mar-a-Lago club in Palm Beach and said at Tesla&#39;s 2024 annual shareholder meeting that he has &#34;had some conversations&#34; with Trump. Musk also said at that event that Trump &#34;does call me out of the blue for no reason.&#34;</p><p style=\"text-align: start;\">On Friday, Bloomberg reported that Musk has donated a &#34;sizable&#34; but undisclosed amount to a pro-Trump super PAC called America PAC.</p><p style=\"text-align: start;\">Musk is the wealthiest person in the world, with an estimated net worth of about $250 billion, according to Forbes.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla Stock Jumps 6% As Elon Musk Says He “Fully” Endorses Trump After Trump Attack</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla Stock Jumps 6% As Elon Musk Says He “Fully” Endorses Trump After Trump Attack\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2024-07-15 22:30</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Elon Musk posted on X that he &#34;fully&#34; endorses Donald Trump moments after the former president and presumptive Republican nominee was rushed off stage by secret service members following gunshots at a rally in Pennsylvania on Saturday.</p><p style=\"text-align: start;\">&#34;I fully endorse President Trump and hope for his rapid recovery,&#34; Musk wrote on X, which he owns.</p><p>Tesla shares jumped 6% in morning trading Monday. investors also prepared for the electric vehicle maker&#39;s Q2 earnings report and waited for word if the August 8 robotaxi event is being postponed.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/91dc9b84481210cca10e6424fb254c43\" title=\"\" tg-width=\"877\" tg-height=\"628\"/></p><p style=\"text-align: start;\">Trump was taken to a local medical facility, where he is receiving care. His spokesman said the former president &#34;will be fine.&#34; Trump had what appeared to be blood on the side of his head and his ear.</p><p>In a separate post, Musk, the CEO of Tesla and defense contractor SpaceX, shared a photo showing Trump pumping his fist into the air with the American flag behind him and with secret service members scrambling to protect him. Musk also compared Trump to Theodore Roosevelt, who survived an assassination attempt while campaigning for president in 1912.</p><p style=\"text-align: start;\">One spectator from the rally is dead, and a second is in serious condition, according to the district attorney in Butler County, where the rally took place. The shooter is dead, NBC News confirms.</p><p style=\"text-align: start;\">While Musk hadn&#39;t directly endorsed Trump prior to Saturday&#39;s event, he had made clear that he was opposing President Joe Biden&#39;s return to the White House. He claimed in a post in March that he was not going to donate money to either candidate for president.</p><p style=\"text-align: start;\">Musk met with Trump earlier this year at his Mar-a-Lago club in Palm Beach and said at Tesla&#39;s 2024 annual shareholder meeting that he has &#34;had some conversations&#34; with Trump. Musk also said at that event that Trump &#34;does call me out of the blue for no reason.&#34;</p><p style=\"text-align: start;\">On Friday, Bloomberg reported that Musk has donated a &#34;sizable&#34; but undisclosed amount to a pro-Trump super PAC called America PAC.</p><p style=\"text-align: start;\">Musk is the wealthiest person in the world, with an estimated net worth of about $250 billion, according to Forbes.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLL":"Direxion Daily TSLA Bull 2X Shares","TSLA":"特斯拉"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1183929996","content_text":"Elon Musk posted on X that he \"fully\" endorses Donald Trump moments after the former president and presumptive Republican nominee was rushed off stage by secret service members following gunshots at a rally in Pennsylvania on Saturday.\"I fully endorse President Trump and hope for his rapid recovery,\" Musk wrote on X, which he owns.Tesla shares jumped 6% in morning trading Monday. investors also prepared for the electric vehicle maker's Q2 earnings report and waited for word if the August 8 robotaxi event is being postponed.Trump was taken to a local medical facility, where he is receiving care. His spokesman said the former president \"will be fine.\" Trump had what appeared to be blood on the side of his head and his ear.In a separate post, Musk, the CEO of Tesla and defense contractor SpaceX, shared a photo showing Trump pumping his fist into the air with the American flag behind him and with secret service members scrambling to protect him. Musk also compared Trump to Theodore Roosevelt, who survived an assassination attempt while campaigning for president in 1912.One spectator from the rally is dead, and a second is in serious condition, according to the district attorney in Butler County, where the rally took place. The shooter is dead, NBC News confirms.While Musk hadn't directly endorsed Trump prior to Saturday's event, he had made clear that he was opposing President Joe Biden's return to the White House. He claimed in a post in March that he was not going to donate money to either candidate for president.Musk met with Trump earlier this year at his Mar-a-Lago club in Palm Beach and said at Tesla's 2024 annual shareholder meeting that he has \"had some conversations\" with Trump. Musk also said at that event that Trump \"does call me out of the blue for no reason.\"On Friday, Bloomberg reported that Musk has donated a \"sizable\" but undisclosed amount to a pro-Trump super PAC called America PAC.Musk is the wealthiest person in the world, with an estimated net worth of about $250 billion, according to Forbes.","news_type":1},"isVote":1,"tweetType":1,"viewCount":602,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":314906749337896,"gmtCreate":1717912870483,"gmtModify":1717912874182,"author":{"id":"3574213079513866","authorId":"3574213079513866","name":"NatMeg","avatar":"https://community-static.tradeup.com/news/425463aa7de7f81def2d836be3ff01e3","crmLevel":9,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574213079513866","authorIdStr":"3574213079513866"},"themes":[],"htmlText":"Reuters is a waste of time&nbsp;","listText":"Reuters is a waste of time&nbsp;","text":"Reuters is a waste of time","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/314906749337896","repostId":"2442838202","repostType":2,"repost":{"id":"2442838202","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1717911640,"share":"https://ttm.financial/m/news/2442838202?lang=&edition=fundamental","pubTime":"2024-06-09 13:40","market":"us","language":"en","title":"Tesla Will Not Launch Refreshed Model Y This Year, Musk Says","url":"https://stock-news.laohu8.com/highlight/detail?id=2442838202","media":"Reuters","summary":"June 8  - Tesla    will not launch a refreshed Model Y this year, chief executive Elon Musk said in a post on social media X on Saturday.    \"No Model Y 'refresh' is coming out this year\", Musk said, adding that Tesla continuously improves its cars, \"so even a car that is 6 months newer will be a little better.\"    Tesla has been slow to refresh its ageing models as high interest rates have sapped consumer appetite for big-ticket items, while rivals in China, the world's largest auto market, are rolling out cheaper models.   The carmaker's global vehicle deliveries fell in the first quarter for the first time in nearly four years.   Last year, Reuters reported that Tesla was readying a production revamp of Model Y with a target of starting production in 2024.  ","content":"<html><head></head><body><p>June 8 (Reuters) - Tesla will not launch a refreshed Model Y this year, chief executive Elon Musk said in a post on social media X on Saturday.</p><p>&#34;No Model Y &#39;refresh&#39; is coming out this year&#34;, Musk said, adding that Tesla continuously improves its cars, &#34;so even a car that is 6 months newer will be a little better.&#34;</p><p>Tesla has been slow to refresh its ageing models as high interest rates have sapped consumer appetite for big-ticket items, while rivals in China, the world&#39;s largest auto market, are rolling out cheaper models.</p><p>The carmaker&#39;s global vehicle deliveries fell in the first quarter for the first time in nearly four years.</p><p>Last year, Reuters reported that Tesla was readying a production revamp of Model Y with a target of starting production in 2024.</p><p></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla Will Not Launch Refreshed Model Y This Year, Musk Says</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla Will Not Launch Refreshed Model Y This Year, Musk Says\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2024-06-09 13:40</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>June 8 (Reuters) - Tesla will not launch a refreshed Model Y this year, chief executive Elon Musk said in a post on social media X on Saturday.</p><p>&#34;No Model Y &#39;refresh&#39; is coming out this year&#34;, Musk said, adding that Tesla continuously improves its cars, &#34;so even a car that is 6 months newer will be a little better.&#34;</p><p>Tesla has been slow to refresh its ageing models as high interest rates have sapped consumer appetite for big-ticket items, while rivals in China, the world&#39;s largest auto market, are rolling out cheaper models.</p><p>The carmaker&#39;s global vehicle deliveries fell in the first quarter for the first time in nearly four years.</p><p>Last year, Reuters reported that Tesla was readying a production revamp of Model Y with a target of starting production in 2024.</p><p></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU0056508442.USD":"贝莱德世界科技基金A2","BK4581":"高盛持仓","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","LU0719512351.SGD":"JPMorgan Funds - 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Tesla will not launch a refreshed Model Y this year, chief executive Elon Musk said in a post on social media X on Saturday.\"No Model Y 'refresh' is coming out this year\", Musk said, adding that Tesla continuously improves its cars, \"so even a car that is 6 months newer will be a little better.\"Tesla has been slow to refresh its ageing models as high interest rates have sapped consumer appetite for big-ticket items, while rivals in China, the world's largest auto market, are rolling out cheaper models.The carmaker's global vehicle deliveries fell in the first quarter for the first time in nearly four years.Last year, Reuters reported that Tesla was readying a production revamp of Model Y with a target of starting production in 2024.","news_type":1},"isVote":1,"tweetType":1,"viewCount":565,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9905706836,"gmtCreate":1659932439827,"gmtModify":1703476146114,"author":{"id":"3574213079513866","authorId":"3574213079513866","name":"NatMeg","avatar":"https://community-static.tradeup.com/news/425463aa7de7f81def2d836be3ff01e3","crmLevel":9,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574213079513866","authorIdStr":"3574213079513866"},"themes":[],"htmlText":"Stupid article lol","listText":"Stupid article lol","text":"Stupid article lol","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9905706836","repostId":"2257126136","repostType":2,"repost":{"id":"2257126136","kind":"highlight","pubTimestamp":1659912427,"share":"https://ttm.financial/m/news/2257126136?lang=&edition=fundamental","pubTime":"2022-08-08 06:47","market":"us","language":"en","title":"Prediction: These Will Be the 10 Largest Stocks by 2030","url":"https://stock-news.laohu8.com/highlight/detail?id=2257126136","media":"Motley Fool","summary":"Change is common on Wall Street, and there could be a major shake-up among the largest stocks by the turn of the decade.","content":"<html><head></head><body><p>For more than a century, Wall Street has been a wealth-building machine for those who are patient. Over long periods, high-quality companies and the indexes they&#39;re a part of tend to increase in value.</p><p>Something else that&#39;s commonplace on Wall Street is change. It&#39;s perfectly normal for innovation, acquisitions, competitive advantages, and other factors to shake up the world&#39;s largest publicly traded companies on a fairly regular basis.</p><p>Just 18 years ago, companies like <b>General Electric</b>, <b>AIG</b>, and <b>Intel</b> were among the 10 largest publicly traded companies by market cap. As of Aug. 4, Intel wasn&#39;t even in the top 50 any longer, while GE and AIG had fallen out of the top 125 and top 250, respectively. Eight years from now, in 2030, the stock market&#39;s 10 largest stocks could look vastly different than they do today.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/16d711291c526c90f22832ea8dbaa542\" tg-width=\"700\" tg-height=\"393\" referrerpolicy=\"no-referrer\"/><span>Image source: Getty Images.</span></p><p>While absolutely nothing is set in stone, I predict that the following 10 stocks will have the largest market caps by 2030. Note that these 10 companies aren&#39;t listed in any particular order.</p><h2>1. Berkshire Hathaway</h2><p>The first stock, conglomerate <b>Berkshire Hathaway</b>, should retain its spot in the top 10, even if billionaire CEO Warren Buffett isn&#39;t at the helm come 2030. After overseeing an average annual return on the company&#39;s Class A shares (BRK.A) of 20.1% since 1965, Buffett has clearly shown he&#39;s set his company up for long-term success.</p><p>One factor that makes Berkshire Hathaway such an incredible company is the mountain of passive income it collects every year. Over the next 12 months, Buffett&#39;s company is expected to bring in well over $6 billion in dividend income, with $4.25 billion coming from just a handful of companies. Because dividend stocks have a long history of outperforming nondividend payers, holding these time-tested companies for years or decades provides an added boost.</p><h2>2. Apple</h2><p>Perhaps the least-surprising prediction is that the largest publicly traded company in the U.S., <b>Apple</b>, will remain in the top 10 largest stocks by market cap by 2030.</p><p>Aside from an easily recognized brand name and faithful customer base, Apple&#39;s innovation is key to its success. Introducing a 5G-capable iPhone quickly pushed up its market share in the U.S., while CEO Tim Cook is busy leading a multiyear transition that emphasizes subscription services. Ultimately, subscriptions should boost Apple&#39;s operating margins and lessen the sales volatility witnessed during product replacement cycles.</p><p>Apple has also repurchased $520 billion worth of its own common stock since the beginning of 2013. If this aggressive buyback program continues, value investors are likely to continue plowing into Apple.</p><h2>3. Visa</h2><p>Payment processor <b>Visa</b> currently finds itself on the outside looking in (No. 11). By the turn of the decade, I expect it to firmly find itself as one of the 10 largest companies by market cap.</p><p>Visa&#39;s opportunity for expansion is enormous. Most global transactions are still being conducted in cash, which means it can expand organically into underbanked regions, such as the Middle East, Africa, and Southeastern Asia, or lean on acquisitions to grow (e.g., the Visa Europe buyout in 2016). Sustained double-digit annual growth should be the expectation throughout the decade.</p><p>What&#39;s more, Visa strictly sticks to payment processing. Although the company would probably do just fine as a lender, it would also expose Visa to potential loan delinquencies and losses during recessions. By avoiding lending, Visa is able to bounce back from economic downturns faster than its peers and maintain a profit margin above 50%.</p><h2>4. Alphabet</h2><p>Another FAANG stock that has an exceptionally high likelihood of retaining its top-10 ranking by market cap come 2030 is <b>Alphabet</b>, the parent company of internet search engine Google and streaming platform YouTube.</p><p>Google has long been Alphabet&#39;s foundational operating segment. Over the past two years, it&#39;s handled no less than 91% of global internet search share, a big reason why Alphabet sports such incredible ad-pricing power. As traffic acquisition costs decline over time, Google should continue to be a cash cow for the company.</p><p>But Alphabet&#39;s future is about its higher-growth initiatives like YouTube and Google Cloud. YouTube has grown into the second-most-visited social site in the world, while Google Cloud has gobbled up 8% of global cloud infrastructure spending.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/72753f29fd92e186bec3ea1c1d331f6b\" tg-width=\"700\" tg-height=\"510\" referrerpolicy=\"no-referrer\"/><span>Image source: Getty Images.</span></p><h2>5. Salesforce</h2><p>Cloud-based customer relationship management (CRM) software provider <b>Salesforce</b> could make one of the biggest leaps (currently No. 43) in terms of market cap by 2030. CRM software is what&#39;s used to help businesses enhance customer relationships and boost sales.</p><p>Global CRM software sales are expected to sustain double-digit growth through at least mid-decade, which is great news for the industry&#39;s unquestioned leader. According to IDC, Salesforce commanded a 23.8% share of CRM software spending in 2021 (over four times its next-closest competitor).</p><p>In addition to its commanding market share, co-CEO and co-founder Marc Benioff has a penchant for making earnings-accretive acquisitions. These deals broaden the Salesforce ecosystem and help with the company&#39;s cross-selling opportunities.</p><h2>6. Amazon</h2><p>E-commerce stock <b>Amazon</b> is another really strong bet to retain its spot in among the 10 largest stocks by the turn of the decade.</p><p>Most folks know Amazon for its industry-leading online marketplace. In 2022, eMarketer projects that Amazon will account for 39.5% of all U.S. online retail sales. But the real crown jewel is the more than 200 million Prime members who&#39;ve signed up as a result of its leading marketplace. The fees collected from Prime members help Amazon expand its logistics network and reinvest in high-growth initiatives.</p><p>There&#39;s also Amazon Web Services (AWS), which is the global No. 1 in cloud infrastructure spending with 33% market share. Corporate cloud spending is still in its early innings, which means Amazon&#39;s operating cash flow could skyrocket in the years ahead.</p><h2>7. PayPal Holdings</h2><p>The company I predict will make the biggest leap into the top 10 stocks by market cap is fintech giant <b>PayPal Holdings</b>. PayPal is currently No. 88, with a $112 billion market cap.</p><p>Digital payments are still in their infancy, which bodes well for fee-based payment platforms. Even with U.S. gross domestic product declining in back-to-back quarters, PayPal&#39;s total payment volume on its network continues to grow by a double-digit percentage on a constant-currency basis.</p><p>Arguably even more important, active users are more engaged than ever. At the end of 2020, active users were completing 40.9 transactions over the trailing 12 months (ttm). This figure is up to 48.7 transactions per active account on a ttm basis through June 2022, and it continues to climb.</p><h2>8. Microsoft</h2><p>Software kingpin <b>Microsoft</b>, the only company from the 10 largest stocks by market cap in 1999 to still have a top-10 position today, has a good shot at sustaining its dominance throughout the decade.</p><p>Microsoft&#39;s success is a function of raking in mammoth amounts of cash flow from its legacy operations and funneling this cash into faster-growing projects. For instance, even though its high-margin Windows franchise is generally a slow grower, it still accounts for a 76% share of global desktop operating systems.</p><p>Microsoft is utilizing this cash flow to reinvest in a variety of cloud initiatives -- Azure is the global No. 2 in cloud infrastructure spending and grew sales by 46% on a constant-currency basis in the June-ended quarter -- and fuel acquisitions.  For instance, Microsoft offered $68.7 billion to acquire gaming company <b>Activision Blizzard</b> in January.</p><h2>9. Chevron</h2><p>Despite a feverish renewable energy push by most developed countries, I predict oil and gas major <b>Chevron</b> will find its way into 10 largest publicly traded companies by market cap in 2030.</p><p>The biggest reason for this push is the expectation that oil and natural gas prices will remain elevated for many years to come. The pandemic resulted in multiple years of reduced domestic and international drilling and pipeline investment. Couple this with Russia - Ukraine war, and you&#39;ll see there&#39;s a clear risk to global energy supply.</p><p>Chevron is also in excellent financial shape compared to most other integrated oil stocks. By prudently deploying its capital and minimizing debt, Chevron has been able to maintain its superior dividend, repurchase its own stock, and fund key natural gas projects in the Asia-Pacific region.</p><h2>10. <a href=\"https://laohu8.com/S/META\">Meta Platforms</a></h2><p>Lastly, social media stock <b>Meta Platforms</b>, the company formerly known as Facebook, should find itself as one of the 10 largest stocks in 2030. You&#39;ll note that current top-10 stocks <b>Tesla</b>, <b>UnitedHealth Group</b>, <b>Nvidia</b>, and <b>Johnson &amp; Johnson</b>, didn&#39;t make the cut.</p><p>Although social media usage statistics can be extremely fickle to project one year in advance, let alone in eight years, Meta has four of the most downloaded apps in the world. On a combined basis, Facebook, Instagram, WhatsApp, and Facebook Messenger attracted 3.65 billion monthly active users in the June-ended quarter. That&#39;s over half the global adult population and a big reason why Facebook&#39;s ad-pricing power is exceptionally strong more often than not.</p><p>The wild card is the company&#39;s metaverse ambitions, the &#34;metaverse&#34; being the next iteration of the internet that allows connected users to interact with each other and their surroundings in a 3D virtual environment. It will be years before the necessary infrastructure is in place to support the metaverse. But once there, Meta&#39;s hefty investments could make it a key player in this potentially $30 trillion opportunity.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Prediction: These Will Be the 10 Largest Stocks by 2030</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPrediction: These Will Be the 10 Largest Stocks by 2030\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-08 06:47 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/08/06/prediction-these-will-be-10-largest-stocks-by-2030/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>For more than a century, Wall Street has been a wealth-building machine for those who are patient. Over long periods, high-quality companies and the indexes they're a part of tend to increase in value...</p>\n\n<a href=\"https://www.fool.com/investing/2022/08/06/prediction-these-will-be-10-largest-stocks-by-2030/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.fool.com/investing/2022/08/06/prediction-these-will-be-10-largest-stocks-by-2030/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2257126136","content_text":"For more than a century, Wall Street has been a wealth-building machine for those who are patient. Over long periods, high-quality companies and the indexes they're a part of tend to increase in value.Something else that's commonplace on Wall Street is change. It's perfectly normal for innovation, acquisitions, competitive advantages, and other factors to shake up the world's largest publicly traded companies on a fairly regular basis.Just 18 years ago, companies like General Electric, AIG, and Intel were among the 10 largest publicly traded companies by market cap. As of Aug. 4, Intel wasn't even in the top 50 any longer, while GE and AIG had fallen out of the top 125 and top 250, respectively. Eight years from now, in 2030, the stock market's 10 largest stocks could look vastly different than they do today.Image source: Getty Images.While absolutely nothing is set in stone, I predict that the following 10 stocks will have the largest market caps by 2030. Note that these 10 companies aren't listed in any particular order.1. Berkshire HathawayThe first stock, conglomerate Berkshire Hathaway, should retain its spot in the top 10, even if billionaire CEO Warren Buffett isn't at the helm come 2030. After overseeing an average annual return on the company's Class A shares (BRK.A) of 20.1% since 1965, Buffett has clearly shown he's set his company up for long-term success.One factor that makes Berkshire Hathaway such an incredible company is the mountain of passive income it collects every year. Over the next 12 months, Buffett's company is expected to bring in well over $6 billion in dividend income, with $4.25 billion coming from just a handful of companies. Because dividend stocks have a long history of outperforming nondividend payers, holding these time-tested companies for years or decades provides an added boost.2. ApplePerhaps the least-surprising prediction is that the largest publicly traded company in the U.S., Apple, will remain in the top 10 largest stocks by market cap by 2030.Aside from an easily recognized brand name and faithful customer base, Apple's innovation is key to its success. Introducing a 5G-capable iPhone quickly pushed up its market share in the U.S., while CEO Tim Cook is busy leading a multiyear transition that emphasizes subscription services. Ultimately, subscriptions should boost Apple's operating margins and lessen the sales volatility witnessed during product replacement cycles.Apple has also repurchased $520 billion worth of its own common stock since the beginning of 2013. If this aggressive buyback program continues, value investors are likely to continue plowing into Apple.3. VisaPayment processor Visa currently finds itself on the outside looking in (No. 11). By the turn of the decade, I expect it to firmly find itself as one of the 10 largest companies by market cap.Visa's opportunity for expansion is enormous. Most global transactions are still being conducted in cash, which means it can expand organically into underbanked regions, such as the Middle East, Africa, and Southeastern Asia, or lean on acquisitions to grow (e.g., the Visa Europe buyout in 2016). Sustained double-digit annual growth should be the expectation throughout the decade.What's more, Visa strictly sticks to payment processing. Although the company would probably do just fine as a lender, it would also expose Visa to potential loan delinquencies and losses during recessions. By avoiding lending, Visa is able to bounce back from economic downturns faster than its peers and maintain a profit margin above 50%.4. AlphabetAnother FAANG stock that has an exceptionally high likelihood of retaining its top-10 ranking by market cap come 2030 is Alphabet, the parent company of internet search engine Google and streaming platform YouTube.Google has long been Alphabet's foundational operating segment. Over the past two years, it's handled no less than 91% of global internet search share, a big reason why Alphabet sports such incredible ad-pricing power. As traffic acquisition costs decline over time, Google should continue to be a cash cow for the company.But Alphabet's future is about its higher-growth initiatives like YouTube and Google Cloud. YouTube has grown into the second-most-visited social site in the world, while Google Cloud has gobbled up 8% of global cloud infrastructure spending.Image source: Getty Images.5. SalesforceCloud-based customer relationship management (CRM) software provider Salesforce could make one of the biggest leaps (currently No. 43) in terms of market cap by 2030. CRM software is what's used to help businesses enhance customer relationships and boost sales.Global CRM software sales are expected to sustain double-digit growth through at least mid-decade, which is great news for the industry's unquestioned leader. According to IDC, Salesforce commanded a 23.8% share of CRM software spending in 2021 (over four times its next-closest competitor).In addition to its commanding market share, co-CEO and co-founder Marc Benioff has a penchant for making earnings-accretive acquisitions. These deals broaden the Salesforce ecosystem and help with the company's cross-selling opportunities.6. AmazonE-commerce stock Amazon is another really strong bet to retain its spot in among the 10 largest stocks by the turn of the decade.Most folks know Amazon for its industry-leading online marketplace. In 2022, eMarketer projects that Amazon will account for 39.5% of all U.S. online retail sales. But the real crown jewel is the more than 200 million Prime members who've signed up as a result of its leading marketplace. The fees collected from Prime members help Amazon expand its logistics network and reinvest in high-growth initiatives.There's also Amazon Web Services (AWS), which is the global No. 1 in cloud infrastructure spending with 33% market share. Corporate cloud spending is still in its early innings, which means Amazon's operating cash flow could skyrocket in the years ahead.7. PayPal HoldingsThe company I predict will make the biggest leap into the top 10 stocks by market cap is fintech giant PayPal Holdings. PayPal is currently No. 88, with a $112 billion market cap.Digital payments are still in their infancy, which bodes well for fee-based payment platforms. Even with U.S. gross domestic product declining in back-to-back quarters, PayPal's total payment volume on its network continues to grow by a double-digit percentage on a constant-currency basis.Arguably even more important, active users are more engaged than ever. At the end of 2020, active users were completing 40.9 transactions over the trailing 12 months (ttm). This figure is up to 48.7 transactions per active account on a ttm basis through June 2022, and it continues to climb.8. MicrosoftSoftware kingpin Microsoft, the only company from the 10 largest stocks by market cap in 1999 to still have a top-10 position today, has a good shot at sustaining its dominance throughout the decade.Microsoft's success is a function of raking in mammoth amounts of cash flow from its legacy operations and funneling this cash into faster-growing projects. For instance, even though its high-margin Windows franchise is generally a slow grower, it still accounts for a 76% share of global desktop operating systems.Microsoft is utilizing this cash flow to reinvest in a variety of cloud initiatives -- Azure is the global No. 2 in cloud infrastructure spending and grew sales by 46% on a constant-currency basis in the June-ended quarter -- and fuel acquisitions.  For instance, Microsoft offered $68.7 billion to acquire gaming company Activision Blizzard in January.9. ChevronDespite a feverish renewable energy push by most developed countries, I predict oil and gas major Chevron will find its way into 10 largest publicly traded companies by market cap in 2030.The biggest reason for this push is the expectation that oil and natural gas prices will remain elevated for many years to come. The pandemic resulted in multiple years of reduced domestic and international drilling and pipeline investment. Couple this with Russia - Ukraine war, and you'll see there's a clear risk to global energy supply.Chevron is also in excellent financial shape compared to most other integrated oil stocks. By prudently deploying its capital and minimizing debt, Chevron has been able to maintain its superior dividend, repurchase its own stock, and fund key natural gas projects in the Asia-Pacific region.10. Meta PlatformsLastly, social media stock Meta Platforms, the company formerly known as Facebook, should find itself as one of the 10 largest stocks in 2030. You'll note that current top-10 stocks Tesla, UnitedHealth Group, Nvidia, and Johnson & Johnson, didn't make the cut.Although social media usage statistics can be extremely fickle to project one year in advance, let alone in eight years, Meta has four of the most downloaded apps in the world. On a combined basis, Facebook, Instagram, WhatsApp, and Facebook Messenger attracted 3.65 billion monthly active users in the June-ended quarter. That's over half the global adult population and a big reason why Facebook's ad-pricing power is exceptionally strong more often than not.The wild card is the company's metaverse ambitions, the \"metaverse\" being the next iteration of the internet that allows connected users to interact with each other and their surroundings in a 3D virtual environment. It will be years before the necessary infrastructure is in place to support the metaverse. But once there, Meta's hefty investments could make it a key player in this potentially $30 trillion opportunity.","news_type":1},"isVote":1,"tweetType":1,"viewCount":883,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":328634509176960,"gmtCreate":1721271972502,"gmtModify":1721271980415,"author":{"id":"3574213079513866","authorId":"3574213079513866","name":"NatMeg","avatar":"https://community-static.tradeup.com/news/425463aa7de7f81def2d836be3ff01e3","crmLevel":9,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574213079513866","authorIdStr":"3574213079513866"},"themes":[],"htmlText":"Who cares about price targets from analyst??&nbsp;","listText":"Who cares about price targets from analyst??&nbsp;","text":"Who cares about price targets from analyst??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/328634509176960","repostId":"1168426708","repostType":2,"repost":{"id":"1168426708","kind":"news","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":1,"media_name":"Dow Jones","id":"1012688067","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1721270022,"share":"https://ttm.financial/m/news/1168426708?lang=&edition=fundamental","pubTime":"2024-07-18 10:33","market":"us","language":"en","title":"Tesla Stock Drops. Not Even a Higher Target Price Could Help","url":"https://stock-news.laohu8.com/highlight/detail?id=1168426708","media":"Dow Jones","summary":"$Tesla(TSLA)$ stock fell 3.1% Wednesday despite recently increased stock price targets heading into the company’s second-quarter earnings report.Blame the tech wreck.The drop came even after Barclays ","content":"<html><head></head><body><p><a href=\"https://laohu8.com/S/TSLA\">Tesla</a> stock fell 3.1% Wednesday despite recently increased stock price targets heading into the company’s second-quarter earnings report.</p><p>Blame the tech wreck.</p><p>The drop came even after Barclays analyst Dan Levy raised his Tesla price target on Wednesday to $225 from $180.</p><p>Target price increases can help stocks, but it wasn’t enough to overcome the technology selloff. The Nasdaq Composite was down 2.8% and Nvidia shares fell 6.6%.</p><p>Levy kept his Hold rating on shares and still has concerns. He acknowledges the “potentially disruptive opportunity” from robotaxis but adds success in that business isn’t certain, leaving investors with an all-or-nothing bet on self-driving cars.</p><p>Levy’s target raise is one of many hikes since Tesla reported better-than-expected second-quarter vehicle deliveries. The average analyst price target has risen to about $204 from $184 since the end of June, just before the delivery report, according to FactSet.</p><p style=\"text-align: start;\">Earnings estimates are higher, too. The average estimate for second-quarter earnings per share is now 61 cents, up from 58 cents. The average estimate for 2024 earnings per share is now $2.43, up from $2.39.</p><p style=\"text-align: start;\">Higher estimates and target prices are positive for any stock. Coming into Wednesday treading, Tesla shares were already up almost 30% month to date.</p><p style=\"text-align: start;\">On Tuesday, Tesla stock was down as much as 2.7% and up as much as 2.3%. Shares finished up 1.6%, rising for the second consecutive day since Musk endorsed former President Trump, and committed money to his reelection effort.<br/></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla Stock Drops. Not Even a Higher Target Price Could Help</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla Stock Drops. Not Even a Higher Target Price Could Help\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1012688067\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2024-07-18 10:33</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p><a href=\"https://laohu8.com/S/TSLA\">Tesla</a> stock fell 3.1% Wednesday despite recently increased stock price targets heading into the company’s second-quarter earnings report.</p><p>Blame the tech wreck.</p><p>The drop came even after Barclays analyst Dan Levy raised his Tesla price target on Wednesday to $225 from $180.</p><p>Target price increases can help stocks, but it wasn’t enough to overcome the technology selloff. The Nasdaq Composite was down 2.8% and Nvidia shares fell 6.6%.</p><p>Levy kept his Hold rating on shares and still has concerns. He acknowledges the “potentially disruptive opportunity” from robotaxis but adds success in that business isn’t certain, leaving investors with an all-or-nothing bet on self-driving cars.</p><p>Levy’s target raise is one of many hikes since Tesla reported better-than-expected second-quarter vehicle deliveries. The average analyst price target has risen to about $204 from $184 since the end of June, just before the delivery report, according to FactSet.</p><p style=\"text-align: start;\">Earnings estimates are higher, too. The average estimate for second-quarter earnings per share is now 61 cents, up from 58 cents. The average estimate for 2024 earnings per share is now $2.43, up from $2.39.</p><p style=\"text-align: start;\">Higher estimates and target prices are positive for any stock. Coming into Wednesday treading, Tesla shares were already up almost 30% month to date.</p><p style=\"text-align: start;\">On Tuesday, Tesla stock was down as much as 2.7% and up as much as 2.3%. Shares finished up 1.6%, rising for the second consecutive day since Musk endorsed former President Trump, and committed money to his reelection effort.<br/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1168426708","content_text":"Tesla stock fell 3.1% Wednesday despite recently increased stock price targets heading into the company’s second-quarter earnings report.Blame the tech wreck.The drop came even after Barclays analyst Dan Levy raised his Tesla price target on Wednesday to $225 from $180.Target price increases can help stocks, but it wasn’t enough to overcome the technology selloff. The Nasdaq Composite was down 2.8% and Nvidia shares fell 6.6%.Levy kept his Hold rating on shares and still has concerns. He acknowledges the “potentially disruptive opportunity” from robotaxis but adds success in that business isn’t certain, leaving investors with an all-or-nothing bet on self-driving cars.Levy’s target raise is one of many hikes since Tesla reported better-than-expected second-quarter vehicle deliveries. The average analyst price target has risen to about $204 from $184 since the end of June, just before the delivery report, according to FactSet.Earnings estimates are higher, too. The average estimate for second-quarter earnings per share is now 61 cents, up from 58 cents. The average estimate for 2024 earnings per share is now $2.43, up from $2.39.Higher estimates and target prices are positive for any stock. Coming into Wednesday treading, Tesla shares were already up almost 30% month to date.On Tuesday, Tesla stock was down as much as 2.7% and up as much as 2.3%. Shares finished up 1.6%, rising for the second consecutive day since Musk endorsed former President Trump, and committed money to his reelection effort.","news_type":1},"isVote":1,"tweetType":1,"viewCount":741,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":303782731305272,"gmtCreate":1715186054649,"gmtModify":1715186058185,"author":{"id":"3574213079513866","authorId":"3574213079513866","name":"NatMeg","avatar":"https://community-static.tradeup.com/news/425463aa7de7f81def2d836be3ff01e3","crmLevel":9,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574213079513866","authorIdStr":"3574213079513866"},"themes":[],"htmlText":"Hit piece. Delay tactics by enemies of Elon.","listText":"Hit piece. Delay tactics by enemies of Elon.","text":"Hit piece. Delay tactics by enemies of Elon.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/303782731305272","repostId":"1175242990","repostType":2,"repost":{"id":"1175242990","kind":"news","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1715175605,"share":"https://ttm.financial/m/news/1175242990?lang=&edition=fundamental","pubTime":"2024-05-08 21:40","market":"us","language":"en","title":"Tesla Falls 3% After Report US Autopilot Probe to Focus on Securities, Wire Fraud","url":"https://stock-news.laohu8.com/highlight/detail?id=1175242990","media":"Reuters","summary":"(Reuters) - U.S. prosecutors are examining whether Tesla committed securities or wire fraud by misleading investors and consumers about its electric vehicles’ self-driving capabilities, three people f","content":"<html><head></head><body><p>(Reuters) - U.S. prosecutors are examining whether Tesla committed securities or wire fraud by misleading investors and consumers about its electric vehicles’ self-driving capabilities, three people familiar with the matter told Reuters.</p><p>Tesla stock fell over 3% in morning trading.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/f18fdcbbf0ab46f884c8fab1dc15a376\" tg-width=\"787\" tg-height=\"624\"/></p><p>Tesla’s Autopilot and Full Self-Driving systems assist with steering, braking and lane changes - but are not fully autonomous. While Tesla has warned drivers to stay ready to take over driving, the Justice Department is examining other statements by Tesla and Chief Executive Elon Musk suggesting its cars can drive themselves.</p><p>U.S. regulators have separately investigated hundreds of crashes, including fatal ones, that have occurred in Teslas with Autopilot engaged, resulting in a mass recall by the automaker.</p><p>Reuters exclusively reported the U.S. criminal investigation into Tesla in October 2022, and is now the first to report the specific criminal liability federal prosecutors are examining.</p><p>Investigators are exploring whether Tesla committed wire fraud, which involves deception in interstate communications, by misleading consumers about its driver-assistance systems, the sources said. They are also examining whether Tesla committed securities fraud by deceiving investors, two of the sources said.</p><p>The Securities and Exchange Commission is also investigating Tesla’s representations about driver-assistance systems to investors, one of the people said. The SEC declined to comment.</p><p>Tesla did not respond to a request for comment. Last October, it disclosed in a filing that the Justice Department had asked the company for information about Autopilot and Full Self-Driving.</p><p>The Justice Department declined to comment.</p><p>The probe, which is not evidence of wrongdoing, could result in criminal charges, civil sanctions, or no action. Prosecutors are far from deciding how to proceed, one of the sources said, in part because they are sifting through voluminous documents Tesla provided in response to subpoenas.</p><p>Reuters could not determine the specific statements prosecutors are reviewing as potentially illegal. Musk has aggressively touted the prowess of Tesla’s driver-assistance technology for nearly a decade.</p><p>Tesla videos demonstrating the technology that remain <u>archived, opens new tab</u> on its <u>website, opens new tab</u> say: “The person in the driver’s seat is only there for legal reasons. He is not doing anything. The car is driving itself.”</p><p>A Tesla <u>engineer testified</u> in 2022 in a lawsuit over a fatal crash involving Autopilot that one of the videos, posted in October 2016, intended to show the technology’s potential and did not accurately portray its capabilities at the time. Musk nevertheless posted the video on social media, writing: “Tesla drives itself (no human input at all) thru urban streets to highway streets, then finds a parking spot.”</p><p>In a conference call with reporters in 2016, Musk described Autopilot as “probably better” than a human driver. During an October 2022 call, Musk addressed a forthcoming FSD upgrade he said would allow customers to travel “to your work, your friend’s house, to the grocery store without you touching the wheel.”</p><p>Musk is increasingly focused on self-driving technology as Tesla&#39;s car sales and profit slump. Tesla recently <u>slashed costs through mass layoffs</u> and shelved plans for a long-awaited $25,000 model that had been expected to drive sales growth.</p><p>“Going balls to the wall for autonomy is a blindingly obvious move,” the billionaire executive posted on his social-media platform X in mid-April. Tesla shares, down more than 28% so far this year, surged in late April when Musk visited China and made progress toward approvals to sell FSD there.</p><p>Musk has repeatedly promised self-driving Teslas for about a decade. &#34;Mere failure to realize a long-term, aspirational goal is not fraud,&#34; Tesla lawyers said in a 2022 court filing.</p><h2 id=\"id_1016071554\" style=\"text-align: start;\">LEGAL CHALLENGES</h2><p>Prosecutors scrutinizing Tesla’s autonomous-car claims are proceeding with caution, recognizing the legal hurdles they face, the people familiar with the inquiry said.</p><p>They will need to demonstrate that Tesla’s claims crossed a line from legal salesmanship to material and knowingly false statements that unlawfully harmed consumers or investors, three legal experts uninvolved in the probe told Reuters.</p><p>U.S. courts previously have ruled that “puffery” or “corporate optimism” regarding product claims do not amount to fraud. In 2008, a federal appeals court ruled that statements of corporate optimism alone do not demonstrate that a company official intentionally misled investors.</p><p>Justice Department officials will likely seek internal Tesla communications as evidence that Musk or others knew they were making false statements, said Daniel Richman, a Columbia Law School professor and former federal prosecutor. That is a challenge, Richman said, but the safety risk involved in overselling self-driving systems also “speaks to the seriousness with which prosecutors, a judge and jury would take the statements.”</p><p>FATAL CRASHES</p><p>Tesla’s claims about Autopilot and FSD have also drawn scrutiny in regulatory investigations and lawsuits.</p><p>Safety regulators and courts have raised concerns in recent months that corporate messaging about the technology - including the brand names Autopilot and Full Self-Driving - have imbued customers with a false sense of security.</p><p>In April, the Washington State Patrol arrested a man on suspicion of vehicular homicide after his Tesla, with Autopilot engaged, struck and killed a motorcyclist while the driver looked at his phone, police records show. In a probable-cause statement, a trooper cited the driver’s “admitted inattention to driving, while on autopilot mode ... putting trust in the machine to drive for him.”</p><p>In Washington state, a driver remains &#34;responsible for the safe and legal operation of that vehicle&#34; regardless of its technological capabilities, a state patrol spokesperson told Reuters.</p><p>The same month, the U.S. National Highway Traffic Safety Administration launched an investigation into whether a Tesla recall of more than 2 million vehicles in December adequately addressed safety issues with Autopilot.</p><p>NHTSA declined to comment.</p><p>The recall followed a long-running probe opened by regulators after cars with Autopilot engaged repeatedly crashed into vehicles at first-responder emergency scenes. Regulators subsequently examined hundreds of crashes where Autopilot was engaged and identified 14 deaths and 54 injuries.</p><p>Tesla disputed NHTSA&#39;s findings but agreed to the recall, which employed over-the-air software updates intended to alert inattentive drivers.</p><p>The NHTSA investigation found “a critical safety gap between drivers’ expectations” of Tesla’s technology “and the system’s true capabilities,” according to agency records. “This gap led to foreseeable misuse and avoidable crashes.”</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla Falls 3% After Report US Autopilot Probe to Focus on Securities, Wire Fraud</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla Falls 3% After Report US Autopilot Probe to Focus on Securities, Wire Fraud\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2024-05-08 21:40</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>(Reuters) - U.S. prosecutors are examining whether Tesla committed securities or wire fraud by misleading investors and consumers about its electric vehicles’ self-driving capabilities, three people familiar with the matter told Reuters.</p><p>Tesla stock fell over 3% in morning trading.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/f18fdcbbf0ab46f884c8fab1dc15a376\" tg-width=\"787\" tg-height=\"624\"/></p><p>Tesla’s Autopilot and Full Self-Driving systems assist with steering, braking and lane changes - but are not fully autonomous. While Tesla has warned drivers to stay ready to take over driving, the Justice Department is examining other statements by Tesla and Chief Executive Elon Musk suggesting its cars can drive themselves.</p><p>U.S. regulators have separately investigated hundreds of crashes, including fatal ones, that have occurred in Teslas with Autopilot engaged, resulting in a mass recall by the automaker.</p><p>Reuters exclusively reported the U.S. criminal investigation into Tesla in October 2022, and is now the first to report the specific criminal liability federal prosecutors are examining.</p><p>Investigators are exploring whether Tesla committed wire fraud, which involves deception in interstate communications, by misleading consumers about its driver-assistance systems, the sources said. They are also examining whether Tesla committed securities fraud by deceiving investors, two of the sources said.</p><p>The Securities and Exchange Commission is also investigating Tesla’s representations about driver-assistance systems to investors, one of the people said. The SEC declined to comment.</p><p>Tesla did not respond to a request for comment. Last October, it disclosed in a filing that the Justice Department had asked the company for information about Autopilot and Full Self-Driving.</p><p>The Justice Department declined to comment.</p><p>The probe, which is not evidence of wrongdoing, could result in criminal charges, civil sanctions, or no action. Prosecutors are far from deciding how to proceed, one of the sources said, in part because they are sifting through voluminous documents Tesla provided in response to subpoenas.</p><p>Reuters could not determine the specific statements prosecutors are reviewing as potentially illegal. Musk has aggressively touted the prowess of Tesla’s driver-assistance technology for nearly a decade.</p><p>Tesla videos demonstrating the technology that remain <u>archived, opens new tab</u> on its <u>website, opens new tab</u> say: “The person in the driver’s seat is only there for legal reasons. He is not doing anything. The car is driving itself.”</p><p>A Tesla <u>engineer testified</u> in 2022 in a lawsuit over a fatal crash involving Autopilot that one of the videos, posted in October 2016, intended to show the technology’s potential and did not accurately portray its capabilities at the time. Musk nevertheless posted the video on social media, writing: “Tesla drives itself (no human input at all) thru urban streets to highway streets, then finds a parking spot.”</p><p>In a conference call with reporters in 2016, Musk described Autopilot as “probably better” than a human driver. During an October 2022 call, Musk addressed a forthcoming FSD upgrade he said would allow customers to travel “to your work, your friend’s house, to the grocery store without you touching the wheel.”</p><p>Musk is increasingly focused on self-driving technology as Tesla&#39;s car sales and profit slump. Tesla recently <u>slashed costs through mass layoffs</u> and shelved plans for a long-awaited $25,000 model that had been expected to drive sales growth.</p><p>“Going balls to the wall for autonomy is a blindingly obvious move,” the billionaire executive posted on his social-media platform X in mid-April. Tesla shares, down more than 28% so far this year, surged in late April when Musk visited China and made progress toward approvals to sell FSD there.</p><p>Musk has repeatedly promised self-driving Teslas for about a decade. &#34;Mere failure to realize a long-term, aspirational goal is not fraud,&#34; Tesla lawyers said in a 2022 court filing.</p><h2 id=\"id_1016071554\" style=\"text-align: start;\">LEGAL CHALLENGES</h2><p>Prosecutors scrutinizing Tesla’s autonomous-car claims are proceeding with caution, recognizing the legal hurdles they face, the people familiar with the inquiry said.</p><p>They will need to demonstrate that Tesla’s claims crossed a line from legal salesmanship to material and knowingly false statements that unlawfully harmed consumers or investors, three legal experts uninvolved in the probe told Reuters.</p><p>U.S. courts previously have ruled that “puffery” or “corporate optimism” regarding product claims do not amount to fraud. In 2008, a federal appeals court ruled that statements of corporate optimism alone do not demonstrate that a company official intentionally misled investors.</p><p>Justice Department officials will likely seek internal Tesla communications as evidence that Musk or others knew they were making false statements, said Daniel Richman, a Columbia Law School professor and former federal prosecutor. That is a challenge, Richman said, but the safety risk involved in overselling self-driving systems also “speaks to the seriousness with which prosecutors, a judge and jury would take the statements.”</p><p>FATAL CRASHES</p><p>Tesla’s claims about Autopilot and FSD have also drawn scrutiny in regulatory investigations and lawsuits.</p><p>Safety regulators and courts have raised concerns in recent months that corporate messaging about the technology - including the brand names Autopilot and Full Self-Driving - have imbued customers with a false sense of security.</p><p>In April, the Washington State Patrol arrested a man on suspicion of vehicular homicide after his Tesla, with Autopilot engaged, struck and killed a motorcyclist while the driver looked at his phone, police records show. In a probable-cause statement, a trooper cited the driver’s “admitted inattention to driving, while on autopilot mode ... putting trust in the machine to drive for him.”</p><p>In Washington state, a driver remains &#34;responsible for the safe and legal operation of that vehicle&#34; regardless of its technological capabilities, a state patrol spokesperson told Reuters.</p><p>The same month, the U.S. National Highway Traffic Safety Administration launched an investigation into whether a Tesla recall of more than 2 million vehicles in December adequately addressed safety issues with Autopilot.</p><p>NHTSA declined to comment.</p><p>The recall followed a long-running probe opened by regulators after cars with Autopilot engaged repeatedly crashed into vehicles at first-responder emergency scenes. Regulators subsequently examined hundreds of crashes where Autopilot was engaged and identified 14 deaths and 54 injuries.</p><p>Tesla disputed NHTSA&#39;s findings but agreed to the recall, which employed over-the-air software updates intended to alert inattentive drivers.</p><p>The NHTSA investigation found “a critical safety gap between drivers’ expectations” of Tesla’s technology “and the system’s true capabilities,” according to agency records. “This gap led to foreseeable misuse and avoidable crashes.”</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1175242990","content_text":"(Reuters) - U.S. prosecutors are examining whether Tesla committed securities or wire fraud by misleading investors and consumers about its electric vehicles’ self-driving capabilities, three people familiar with the matter told Reuters.Tesla stock fell over 3% in morning trading.Tesla’s Autopilot and Full Self-Driving systems assist with steering, braking and lane changes - but are not fully autonomous. While Tesla has warned drivers to stay ready to take over driving, the Justice Department is examining other statements by Tesla and Chief Executive Elon Musk suggesting its cars can drive themselves.U.S. regulators have separately investigated hundreds of crashes, including fatal ones, that have occurred in Teslas with Autopilot engaged, resulting in a mass recall by the automaker.Reuters exclusively reported the U.S. criminal investigation into Tesla in October 2022, and is now the first to report the specific criminal liability federal prosecutors are examining.Investigators are exploring whether Tesla committed wire fraud, which involves deception in interstate communications, by misleading consumers about its driver-assistance systems, the sources said. They are also examining whether Tesla committed securities fraud by deceiving investors, two of the sources said.The Securities and Exchange Commission is also investigating Tesla’s representations about driver-assistance systems to investors, one of the people said. The SEC declined to comment.Tesla did not respond to a request for comment. Last October, it disclosed in a filing that the Justice Department had asked the company for information about Autopilot and Full Self-Driving.The Justice Department declined to comment.The probe, which is not evidence of wrongdoing, could result in criminal charges, civil sanctions, or no action. Prosecutors are far from deciding how to proceed, one of the sources said, in part because they are sifting through voluminous documents Tesla provided in response to subpoenas.Reuters could not determine the specific statements prosecutors are reviewing as potentially illegal. Musk has aggressively touted the prowess of Tesla’s driver-assistance technology for nearly a decade.Tesla videos demonstrating the technology that remain archived, opens new tab on its website, opens new tab say: “The person in the driver’s seat is only there for legal reasons. He is not doing anything. The car is driving itself.”A Tesla engineer testified in 2022 in a lawsuit over a fatal crash involving Autopilot that one of the videos, posted in October 2016, intended to show the technology’s potential and did not accurately portray its capabilities at the time. Musk nevertheless posted the video on social media, writing: “Tesla drives itself (no human input at all) thru urban streets to highway streets, then finds a parking spot.”In a conference call with reporters in 2016, Musk described Autopilot as “probably better” than a human driver. During an October 2022 call, Musk addressed a forthcoming FSD upgrade he said would allow customers to travel “to your work, your friend’s house, to the grocery store without you touching the wheel.”Musk is increasingly focused on self-driving technology as Tesla's car sales and profit slump. Tesla recently slashed costs through mass layoffs and shelved plans for a long-awaited $25,000 model that had been expected to drive sales growth.“Going balls to the wall for autonomy is a blindingly obvious move,” the billionaire executive posted on his social-media platform X in mid-April. Tesla shares, down more than 28% so far this year, surged in late April when Musk visited China and made progress toward approvals to sell FSD there.Musk has repeatedly promised self-driving Teslas for about a decade. \"Mere failure to realize a long-term, aspirational goal is not fraud,\" Tesla lawyers said in a 2022 court filing.LEGAL CHALLENGESProsecutors scrutinizing Tesla’s autonomous-car claims are proceeding with caution, recognizing the legal hurdles they face, the people familiar with the inquiry said.They will need to demonstrate that Tesla’s claims crossed a line from legal salesmanship to material and knowingly false statements that unlawfully harmed consumers or investors, three legal experts uninvolved in the probe told Reuters.U.S. courts previously have ruled that “puffery” or “corporate optimism” regarding product claims do not amount to fraud. In 2008, a federal appeals court ruled that statements of corporate optimism alone do not demonstrate that a company official intentionally misled investors.Justice Department officials will likely seek internal Tesla communications as evidence that Musk or others knew they were making false statements, said Daniel Richman, a Columbia Law School professor and former federal prosecutor. That is a challenge, Richman said, but the safety risk involved in overselling self-driving systems also “speaks to the seriousness with which prosecutors, a judge and jury would take the statements.”FATAL CRASHESTesla’s claims about Autopilot and FSD have also drawn scrutiny in regulatory investigations and lawsuits.Safety regulators and courts have raised concerns in recent months that corporate messaging about the technology - including the brand names Autopilot and Full Self-Driving - have imbued customers with a false sense of security.In April, the Washington State Patrol arrested a man on suspicion of vehicular homicide after his Tesla, with Autopilot engaged, struck and killed a motorcyclist while the driver looked at his phone, police records show. In a probable-cause statement, a trooper cited the driver’s “admitted inattention to driving, while on autopilot mode ... putting trust in the machine to drive for him.”In Washington state, a driver remains \"responsible for the safe and legal operation of that vehicle\" regardless of its technological capabilities, a state patrol spokesperson told Reuters.The same month, the U.S. National Highway Traffic Safety Administration launched an investigation into whether a Tesla recall of more than 2 million vehicles in December adequately addressed safety issues with Autopilot.NHTSA declined to comment.The recall followed a long-running probe opened by regulators after cars with Autopilot engaged repeatedly crashed into vehicles at first-responder emergency scenes. Regulators subsequently examined hundreds of crashes where Autopilot was engaged and identified 14 deaths and 54 injuries.Tesla disputed NHTSA's findings but agreed to the recall, which employed over-the-air software updates intended to alert inattentive drivers.The NHTSA investigation found “a critical safety gap between drivers’ expectations” of Tesla’s technology “and the system’s true capabilities,” according to agency records. “This gap led to foreseeable misuse and avoidable crashes.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":641,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":885837734,"gmtCreate":1631774572828,"gmtModify":1676530632244,"author":{"id":"3574213079513866","authorId":"3574213079513866","name":"NatMeg","avatar":"https://community-static.tradeup.com/news/425463aa7de7f81def2d836be3ff01e3","crmLevel":9,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574213079513866","authorIdStr":"3574213079513866"},"themes":[],"htmlText":"$266M out of $3,260M is not even 1% of her total&nbsp;Tesla holdings…&nbsp;","listText":"$266M out of $3,260M is not even 1% of her total&nbsp;Tesla holdings…&nbsp;","text":"$266M out of $3,260M is not even 1% of her total Tesla holdings…","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/885837734","repostId":"2167287516","repostType":4,"repost":{"id":"2167287516","kind":"news","pubTimestamp":1631773899,"share":"https://ttm.financial/m/news/2167287516?lang=&edition=fundamental","pubTime":"2021-09-16 14:31","market":"us","language":"en","title":"Cathie Wood Keeps Selling Tesla, Unloading $62 Million of Shares","url":"https://stock-news.laohu8.com/highlight/detail?id=2167287516","media":"Bloomberg","summary":"Cathie Wood’s exchange-traded funds sold more Tesla Inc. shares, taking the total value of the electric vehicle maker’s stock they’ve offloaded this month to about $266 million.The ARK Innovation and ARK Next Generation Internet ETFs sold over 81,600 shares in Tesla on Wednesday, according to ARK Investment’s daily trading update. At closing prices, that puts the value at about $62 million.Ark funds have sold more than 350,000 Tesla shares in September so far. Still, the Elon Musk-led company is","content":"<p>Cathie Wood’s exchange-traded funds sold more Tesla Inc. shares, taking the total value of the electric vehicle maker’s stock they’ve offloaded this month to about $266 million.</p>\n<p>The ARK Innovation and ARK Next Generation Internet ETFs sold over 81,600 shares in Tesla on Wednesday, according to ARK Investment’s daily trading&nbsp;update. At closing prices, that puts the value at about $62 million.</p>\n<p>Ark funds have sold more than 350,000 Tesla shares in September so far. Still, the Elon Musk-led company is their biggest holding, according to data compiled by Bloomberg. Tesla&nbsp;shares&nbsp;have been rebounding since mid-May, gaining about 34% in the period.</p>\n<p><img src=\"https://static.tigerbbs.com/5aa38d91890a0804df0621f0aab8f5e4\" tg-width=\"1200\" tg-height=\"675\" width=\"100%\" height=\"auto\"></p>\n<p>Ark’s strategy regularly involves selling some of its winners to invest in other targets. As the firm trimmed its Tesla stake last year, Wood&nbsp;told&nbsp;CNBC it was “wise portfolio management” to control position sizes.</p>\n<p>Ark’s daily trading update reflects portfolio changes made by its investment team and excludes creation and redemption activity and public offerings; for this reason it may not fully reflect all of the firm’s trades.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Cathie Wood Keeps Selling Tesla, Unloading $62 Million of Shares</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCathie Wood Keeps Selling Tesla, Unloading $62 Million of Shares\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-16 14:31 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-09-16/cathie-wood-keeps-selling-tesla-unloading-62-million-of-shares?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Cathie Wood’s exchange-traded funds sold more Tesla Inc. shares, taking the total value of the electric vehicle maker’s stock they’ve offloaded this month to about $266 million.\nThe ARK Innovation and...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-09-16/cathie-wood-keeps-selling-tesla-unloading-62-million-of-shares?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ARKW":"ARK Next Generation Internet ETF","TSLA":"特斯拉","ARKK":"ARK Innovation ETF"},"source_url":"https://www.bloomberg.com/news/articles/2021-09-16/cathie-wood-keeps-selling-tesla-unloading-62-million-of-shares?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2167287516","content_text":"Cathie Wood’s exchange-traded funds sold more Tesla Inc. shares, taking the total value of the electric vehicle maker’s stock they’ve offloaded this month to about $266 million.\nThe ARK Innovation and ARK Next Generation Internet ETFs sold over 81,600 shares in Tesla on Wednesday, according to ARK Investment’s daily trading update. At closing prices, that puts the value at about $62 million.\nArk funds have sold more than 350,000 Tesla shares in September so far. Still, the Elon Musk-led company is their biggest holding, according to data compiled by Bloomberg. Tesla shares have been rebounding since mid-May, gaining about 34% in the period.\n\nArk’s strategy regularly involves selling some of its winners to invest in other targets. As the firm trimmed its Tesla stake last year, Wood told CNBC it was “wise portfolio management” to control position sizes.\nArk’s daily trading update reflects portfolio changes made by its investment team and excludes creation and redemption activity and public offerings; for this reason it may not fully reflect all of the firm’s trades.","news_type":1},"isVote":1,"tweetType":1,"viewCount":544,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":328126048251920,"gmtCreate":1721138988401,"gmtModify":1721140128342,"author":{"id":"3574213079513866","authorId":"3574213079513866","name":"NatMeg","avatar":"https://community-static.tradeup.com/news/425463aa7de7f81def2d836be3ff01e3","crmLevel":9,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574213079513866","authorIdStr":"3574213079513866"},"themes":[],"htmlText":"Electrek is garbage. blind Tesla hater","listText":"Electrek is garbage. blind Tesla hater","text":"Electrek is garbage. blind Tesla hater","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/328126048251920","repostId":"2451794106","repostType":2,"repost":{"id":"2451794106","kind":"highlight","pubTimestamp":1721092763,"share":"https://ttm.financial/m/news/2451794106?lang=&edition=fundamental","pubTime":"2024-07-16 09:19","market":"us","language":"en","title":"Elon Musk Confirms Tesla Robotaxi Delay, Says Front Design Change","url":"https://stock-news.laohu8.com/highlight/detail?id=2451794106","media":"Electrek","summary":"Elon Musk has confirmed that Tesla is delaying the unveiling of its Robotaxi and adds that he requested a front design change.","content":"<html><head></head><body><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/9c39db1e96ff4a6c15f4d3349f896c9c\" tg-width=\"1500\" tg-height=\"813\"/></p><p>Elon Musk has confirmed that Tesla is delaying the unveiling of its Robotaxi and adds that he requested a front design change.</p><p>Last week, Bloomberg reported that Tesla is delaying the unveiling of the Robotaxi, which was planned for August 8th, to October. The report claimed that the delay was to give Tesla more time to build more prototypes.</p><p>Tesla CEO Elon Musk has now confirmed that the unveiling has been delayed, without confirming the new timeline.</p><p>The CEO added that he requested “an important design change to the front”:</p><blockquote><p>Requested what I think is an important design change to the front, and extra time allows us to show off a few other things.</p></blockquote><p>For the last few years, Tesla has been working on a vehicle designed from the ground up to be a self-driving vehicle. The company has been referring to it as ‘Robotaxi’.</p><p>CEO Elon Musk insists that Tesla is still dedicated to delivering its promised self-driving capability to existing vehicles delivered since 2016 through software update, but it also decided to build a new vehicle designed entirely around the fact that it will be driverless.</p><p>Not much is known about the vehicle other than hints that it won’t have a steering wheel or pedals, and that it will be “Cybertruck-like” in terms of design. We might have also seen a glimpse of the interior in a video that Tesla released.</p><p>In April, Musk said that Tesla would unveil the vehicle on August 8th.</p><p>Now, it sounds like the unveiling is going to be closer to the end of the year.</p><h2 id=\"id_323440045\">Electrek’s Take</h2><p>In my opinion, the only thing that Tesla could unveil or announce at the Robotaxi unveiling that would have any impact would be deals to actually use the Robotaxi in geo-fenced areas, like a deal with the city of Austin, for example.</p><p>Anything else seems either unlikely or unimpactful.</p><p>Why should we care about a vehicle designed for self-driving if Tesla has yet to solve self-driving on vehicles built since 2016 that were promised to become self-driving?</p></body></html>","source":"electrek_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Elon Musk Confirms Tesla Robotaxi Delay, Says Front Design Change</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nElon Musk Confirms Tesla Robotaxi Delay, Says Front Design Change\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-07-16 09:19 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://electrek.co/2024/07/15/elon-musk-confirms-tesla-robotaxi-delay-front-design-change/><strong>Electrek</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Elon Musk has confirmed that Tesla is delaying the unveiling of its Robotaxi and adds that he requested a front design change.Last week, Bloomberg reported that Tesla is delaying the unveiling of the ...</p>\n\n<a href=\"https://electrek.co/2024/07/15/elon-musk-confirms-tesla-robotaxi-delay-front-design-change/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU0820561818.USD":"安联收益及增长平衡基金Cl AM DIS","LU2602419157.SGD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"AC\" (SGD) ACC","LU1551013425.SGD":"Allianz Income and Growth Cl AMg2 DIS H2-SGD","BK4585":"ETF&股票定投概念","BK4534":"瑞士信贷持仓","LU2756315318.SGD":"ALLIANZ INCOME AND GROWTH \"AMG\" (SGDHDG) INC A","BK4533":"AQR资本管理(全球第二大对冲基金)","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","BK4555":"新能源车","LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","TSLL":"Direxion Daily TSLA Bull 2X Shares","LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC","LU2357305700.SGD":"Allianz Global Artificial Intelligence ET H2-SGD","LU1839511570.USD":"WELLS FARGO GLOBAL FACTOR ENHANCED EQUITY \"I\" (USD) ACC","SG9999015952.SGD":"LIONGLOBAL DISRUPTIVE INNOVATION \"I\" (SGD) ACC","LU1429558221.USD":"Natixis Loomis Sayles US Growth Equity RA USD","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","LU1435385759.SGD":"Natixis Loomis Sayles US Growth Equity RA SGD-H","BK4527":"明星科技股","LU0823411888.USD":"法巴消费创新基金 Cap","LU1861220033.SGD":"Blackrock Next Generation Technology A2 SGD-H","LU1551013342.USD":"Allianz Income and Growth Cl AMg2 DIS USD","LU0082616367.USD":"摩根大通美国科技A（dist）","BK4588":"碎股","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","LU0056508442.USD":"贝莱德世界科技基金A2","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","BK4574":"无人驾驶","LU0820561909.HKD":"ALLIANZ INCOME AND GROWTH \"AM\" (HKD) INC","LU2249611893.SGD":"BNP PARIBAS ENERGY TRANSITION \"CRH\" (SGD) ACC","LU1914381329.SGD":"Allianz Best Styles Global Equity Cl ET Acc H2-SGD","LU0820562030.AUD":"ALLIANZ INCOME AND GROWTH \"AMH2\" (AUDHDG) H2 INC","TSLA":"特斯拉","BK4581":"高盛持仓","LU2063271972.USD":"富兰克林创新领域基金","SG9999015945.SGD":"LionGlobal Disruptive Innovation Fund A SGD","LU2756315664.SGD":"ALLIANZ INCOME AND GROWTH \"AMI\" (SGDHDG) INC","BK4511":"特斯拉概念","LU0823414478.USD":"法巴经典能源转换基金","LU0466842654.USD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"A\" (USD) ACC","BK4548":"巴美列捷福持仓","LU0097036916.USD":"贝莱德美国增长A2 USD","LU0689472784.USD":"安联收益及增长基金Cl AM AT Acc","LU2087621335.USD":"ALLSPRING GLOBAL FACTOR ENHANCED EQUITY \"A\" (USD) ACC","LU2326559502.SGD":"Natixis Loomis Sayles US Growth Equity P/A SGD-H","LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","LU1861215975.USD":"贝莱德新一代科技基金 A2","LU1548497426.USD":"安联环球人工智能AT Acc","BK4592":"伊斯兰概念"},"source_url":"https://electrek.co/2024/07/15/elon-musk-confirms-tesla-robotaxi-delay-front-design-change/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2451794106","content_text":"Elon Musk has confirmed that Tesla is delaying the unveiling of its Robotaxi and adds that he requested a front design change.Last week, Bloomberg reported that Tesla is delaying the unveiling of the Robotaxi, which was planned for August 8th, to October. The report claimed that the delay was to give Tesla more time to build more prototypes.Tesla CEO Elon Musk has now confirmed that the unveiling has been delayed, without confirming the new timeline.The CEO added that he requested “an important design change to the front”:Requested what I think is an important design change to the front, and extra time allows us to show off a few other things.For the last few years, Tesla has been working on a vehicle designed from the ground up to be a self-driving vehicle. The company has been referring to it as ‘Robotaxi’.CEO Elon Musk insists that Tesla is still dedicated to delivering its promised self-driving capability to existing vehicles delivered since 2016 through software update, but it also decided to build a new vehicle designed entirely around the fact that it will be driverless.Not much is known about the vehicle other than hints that it won’t have a steering wheel or pedals, and that it will be “Cybertruck-like” in terms of design. We might have also seen a glimpse of the interior in a video that Tesla released.In April, Musk said that Tesla would unveil the vehicle on August 8th.Now, it sounds like the unveiling is going to be closer to the end of the year.Electrek’s TakeIn my opinion, the only thing that Tesla could unveil or announce at the Robotaxi unveiling that would have any impact would be deals to actually use the Robotaxi in geo-fenced areas, like a deal with the city of Austin, for example.Anything else seems either unlikely or unimpactful.Why should we care about a vehicle designed for self-driving if Tesla has yet to solve self-driving on vehicles built since 2016 that were promised to become self-driving?","news_type":1},"isVote":1,"tweetType":1,"viewCount":276,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":399188817936608,"gmtCreate":1738483342479,"gmtModify":1738487076903,"author":{"id":"3574213079513866","authorId":"3574213079513866","name":"NatMeg","avatar":"https://community-static.tradeup.com/news/425463aa7de7f81def2d836be3ff01e3","crmLevel":9,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574213079513866","authorIdStr":"3574213079513866"},"themes":[],"htmlText":"U should have called it at 480. All u are doing is riding on trump tariff noise","listText":"U should have called it at 480. All u are doing is riding on trump tariff noise","text":"U should have called it at 480. All u are doing is riding on trump tariff noise","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/399188817936608","repostId":"1175504218","repostType":2,"repost":{"id":"1175504218","kind":"news","pubTimestamp":1738476351,"share":"https://ttm.financial/m/news/1175504218?lang=&edition=fundamental","pubTime":"2025-02-02 14:05","market":"us","language":"en","title":"Tesla: Once Again, It's Time To Trim","url":"https://stock-news.laohu8.com/highlight/detail?id=1175504218","media":"Seeking Alpha","summary":"Let's dive in.Our Tesla FrameworkIn case you missed our earlier articles on TSLA, here's a quick summary of how we see the stock. Normally, we'd skip writing a section like this, but TSLA is a very volatile, speculative bet, and many investors look at the financials and see entirely different things. Thus, we think it's necessary, first, to establish how we think about the company.In short, we see TSLA as an advanced manufacturing firm, mostly producing cars. Sure, TSLA also manufactures batteri","content":"<html><head></head><body><h2 id=\"id_2350035770\">Summary</h2><ul style=\"\"><li><p>We initially rated Tesla, Inc. stock a Sell in November 2023 due to slowing growth and a lofty valuation. From there, the stock fell 31%.</p></li><li><p>Then, we upgraded Tesla in April 2024 after the market appeared too negative on shares. Since, the stock has risen 126%, driven by speculation around Robotaxis and autonomous driving.</p></li><li><p>Now, Tesla appears overvalued again. We recommend trimming TSLA from your portfolio due to overly optimistic projections around “future products”.</p></li><li><p>We&#39;re downgrading TSLA to a Sell.</p></li></ul><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/cdc1cd3d3c3dd57b72a9ddb8d4037dbd\" alt=\"White cyborg robotic hand pointing his finger - 3D rendering isolated on free PNG background.\" title=\"White cyborg robotic hand pointing his finger - 3D rendering isolated on free PNG background.\" tg-width=\"750\" tg-height=\"500\"/><span>White cyborg robotic hand pointing his finger - 3D rendering isolated on free PNG background.</span></p><p></p><p>Of all the stocks we&#39;ve covered here on Seeking Alpha, we&#39;re particularly proud of our track record when it comes to <strong>Tesla, Inc.</strong> (NASDAQ:TSLA).</p><p>Our coverage began on the stock in November 2023, when we called the stock a <strong>Sell</strong> based on the company&#39;s slowing growth and lack of progress on key initiatives. At the time, the multiple seemed a bit rich for the company&#39;s output, so we came out as bears:</p><ul style=\"\"><li><p>Tesla: The Range Of Outcomes Is Narrowing; That&#39;s A Bad Thing.</p></li></ul><p>From that point, the stock <strong>fell roughly 31%</strong>, until we upgraded it on April 9th, 2024.</p><p>At that point, shares seemed unduly beat up, in our view, and we upgraded TSLA:</p><ul style=\"\"><li><p>Tesla: When The Time Comes To Buy, You Won&#39;t Want To (Rating Upgrade).</p></li></ul><p>Since then, the stock is <strong>back up roughly 126%</strong>, in which time we put out another bullish article about Robotaxis, arguing that speculation around future gains in autonomous driving and Optimus could drive continued appreciation for investors:</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/5581c8a7e68cb36fb694d47a44ae5139\" alt=\"TSLA\" title=\"TSLA\" tg-width=\"640\" tg-height=\"412\"/><span>TSLA</span></p><p></p><p>All of this is to say that we feel like we have a “good bead” on the company&#39;s valuation and business dynamics.</p><p>From that frame, we feel that the stock has once again become &#39;too expensive&#39;, and it appears as though it could be time, once again, to trim.</p><p><strong>Today</strong>, we&#39;ll cover the recent earnings report, examine the stock&#39;s lofty valuation, and explain why, on balance, we think it&#39;s time to begin pruning TSLA out of your portfolio — at least for now.</p><p>Sound good? Let&#39;s dive in.</p><h2 id=\"id_4071302040\">Our Tesla Framework</h2><p>In case you missed our earlier articles on TSLA, here&#39;s a quick summary of how we see the stock. Normally, we&#39;d skip writing a section like this, but TSLA is a very volatile, <strong>speculative</strong> bet, and many investors look at the financials and see entirely different things. Thus, we think it&#39;s necessary, first, to establish how we think about the company.</p><p>In short, we see TSLA as an advanced manufacturing firm, <strong>mostly</strong> producing cars. Sure, TSLA also manufactures batteries and other components in its <strong>Energy</strong> segment, but at its heart, the firm is an automotive company.</p><p>Why? Because this is where most of TSLA&#39;s financial results are derived. A massive chunk of the company&#39;s revenues come from the automotive segment, which means that this is a natural point of comparison for analysts:</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/93a2427e63efa5746b2965c9ceb9e2e4\" alt=\"TSLA\" title=\"TSLA\" tg-width=\"640\" tg-height=\"80\"/><span>TSLA</span></p><p></p><p>Thus, when contrasted with competitors, Tesla&#39;s $1.3 trillion valuation can be very challenging to comprehend.</p><p>In our view, this valuation difference vs. peers is largely down to TSLA&#39;s “upcoming” product launches, mainly <strong>full self-drive (“FSD”) &amp; Robotaxis</strong>, and <strong>Optimus</strong> (the robot):</p><blockquote><p></p><p>A significant portion of Tesla&#39;s current value is tied to higher margin, non-automotive, [&#39;future&#39;] products like Robotaxi, Dojo, and Optimus.</p><p>We&#39;d estimate that about 80% of TSLA&#39;s &#39;future product&#39; value is perceived to be in the Robotaxi segment, as it is the closest to &#39;production&#39; and the most natural extension of TSLA&#39;s current business.</p><p>If you take this estimate at face value, then it means [robotaxis are] likely incredibly consequential for <strong>~65% of TSLA&#39;s market cap </strong>or about $500 billion in shareholder value.</p></blockquote><p>This estimate was from October. Since then, TSLA has rallied more than 60% while financial results have largely remained flat, which signals that basically <strong>all of this appreciation</strong> has been due to <strong>investors assigning a higher multiple</strong> to these future product launches.</p><p>For TSLA, we see two main camps within the analyst community. There are those that see the stock as a purely “car” company (and thus, overvalued), and those that see it as an advanced manufacturer of the future, including automated cars, robots, software, energy solutions, and more (which would make it undervalued).</p><p>We sit somewhere in the middle. TSLA is clearly an automotive company right now, but if the company can execute — which they have proven that they can — then there could be significantly more value that gets unlocked for investors in coming years.</p><p>As sentiment around the company shifts, our “middle of the road” understanding gives us a leg up in identifying when things &#39;extend&#39; too far in one direction or the other, which is precisely what we think we see right now.</p><h2 id=\"id_2739569595\">Tesla&#39;s Q4</h2><p>Looking at the most recent quarter, Tesla turned in what most are collectively calling a “stinker.”</p><p>Revenue came in as a massive miss, and the firm&#39;s top-line growth also left much to be desired. EPS also came in below expectations, albeit slightly.</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/c450991d7c204335d448252a6501dcd8\" alt=\"TSLA\" title=\"TSLA\" tg-width=\"640\" tg-height=\"389\"/><span>TSLA</span></p><p></p><p>All in all, it was a pretty dismal showing.</p><p>Of particular note was the company&#39;s considerable drop in TTM net income, which is largely due to TSLA&#39;s car pricing strategy (cutting) having a continued impact on margins:</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/ab5185ab57962b8842cdd2391d696294\" alt=\"TSLA\" title=\"TSLA\" tg-width=\"640\" tg-height=\"410\"/><span>TSLA</span></p><p></p><p>These tactical pricing changes are meant to keep TSLA car volumes up, but it has put serious pressure on gross margins over time.</p><p>In other words, <strong>competition</strong> is heating up, materializing, and eating into investor&#39;s bottom-line returns:</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/2c65e31186dd1af096afe7c1045b3cba\" alt=\"TSLA\" title=\"TSLA\" tg-width=\"640\" tg-height=\"302\"/><span>TSLA</span></p><p></p><p>For much of TSLA&#39;s run over the last 5 years, many bulls have argued that the company&#39;s product was differentiated enough to warrant a higher multiple, on the back of structurally higher margins. However, now, this doesn&#39;t appear to be the case.</p><p>Granted, some decline in TTM net income is from the drop-off of a positive Q4 in 2023 which had a huge, unusual tax item, but even adjusted for that, TSLA&#39;s <strong>net income is still down double-digit percentages</strong>.</p><p>Trump&#39;s cutting of EV incentives only presents further headwinds to the business.</p><p>Similarly, TSLA&#39;s profitability would be down <strong>even more</strong> without Bitcoin. As we can see from the 10K, a material percentage of TSLA&#39;s $7.1 billion in net income is from an increase in the fair value of the firm&#39;s total Bitcoin holdings (emphasis added):</p><blockquote><p>Other income (expense), net, changed favorably by <strong>$523 million</strong> in the year ended December 31, 2024 as compared to the year ended December 31, 2023 primarily due to remeasurement of our bitcoin digital assets to fair value in 2024.</p></blockquote><p>Overall, it&#39;s not a pretty picture for the core business.</p><p>Bulls might say that these pricing headwinds are transient, or that the consumer environment is cyclical, but we&#39;d counter by saying <strong>hey, that&#39;s the car business</strong>.</p><p>In other words, maybe Tesla <em>isn&#39;t</em> that different from competitors when it comes to making and selling cars.</p><h2 id=\"id_3009924548\">The Valuation</h2><p>But what is Tesla worth?</p><p>If you slap on car industry averages to Tesla&#39;s financial results, then you&#39;re looking at a P/E of ~7x and a P/S of roughly 0.6x:</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/816000a0e759e7a6c468d88f42c1758c\" alt=\"TSLA\" title=\"TSLA\" tg-width=\"640\" tg-height=\"176\"/><span>TSLA</span></p><p></p><p>This would output a market cap between roughly ~$49 billion and ~$57 billion. Considering the current market cap of <strong><em>$1.28 trillion</em></strong>, the market clearly doesn&#39;t agree with this framing.</p><p>Looking now at the earnings call, TSLA management heavily, <strong>heavily</strong> focused on the company&#39;s future product lines — mainly Optimus and robotaxis (emphasis added):</p><blockquote><p></p><p>We made many critical investments in 2024 in manufacturing AI and robotics that will bear <strong>immense</strong> fruit in the future, <strong>immense</strong>.</p><p>Like it&#39;s, in fact, to such a scale that it is difficult to comprehend. And I&#39;ve said this before, and I&#39;ll stand by it. I see a path, I&#39;m not saying it&#39;s an easy path, but I see a path for <strong>Tesla being the most valuable company in the world by far</strong>, not even close.</p><p>Like, maybe several times more than, I mean, there is a path where <strong>Tesla is worth more than the next top five companies combined</strong>. There&#39;s a path to that. I mean, I think it&#39;s like an incredibly, just like a difficult path, but it is an achievable path.</p><p>So -- and that is overwhelmingly due to <strong>autonomous vehicles</strong> and autonomous <strong>humanoid robots</strong>.</p></blockquote><p>What a sales pitch!</p><p>To us, <strong>this</strong> makes Tesla&#39;s <em>story</em> “clear.” For investors, this is clearly where the value is coming from. The core business isn&#39;t growing much anymore as the market saturates and competition heats up — fine.</p><p>However, the company&#39;s balance sheet is strong, and as long as there&#39;s serious potential in TSLA&#39;s new businesses, then the stock gets the premium.</p><p>From this point, it&#39;s a “show me” story.</p><p>For our money, investors are too optimistic about this future.</p><p>In our previous article, we laid out what an <strong>incredibly</strong> optimistic bull case for what Robotaxis could be worth, assuming that they launched this year:</p><blockquote><p></p><p>In this model, adoption is slow to start, but quickly scales as users join the network and make their idle Teslas earn while they sleep.</p><p>Again, the demand is the real constraint here, but given the likely lower cost of automated ride hail, it should prove popular with cost-conscious consumers:</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/b20aed07e35218fcce1a3d01c41ccfb0\" alt=\"TSLA\" title=\"TSLA\" tg-width=\"640\" tg-height=\"199\"/><span>TSLA</span></p><p style=\"text-align: left;\"><strong>PropNotes</strong></p><p>In this scenario, we see TSLA earning more per ride, and with a larger network of supply and demand under their control.</p><p>This scenario would represent a 60% upside for the NPV of the robotaxi segment (at a 4% discount rate), which works out to roughly 37% upside for TSLA&#39;s stock.</p><p>This works out to a share price of roughly <strong>$345 per share</strong>.</p></blockquote><p>Under this optimistic scenario, robotaxis launch immediately and gain market share quickly. In that case, we&#39;d argue Tesla is maybe worth $345 per share. Currently, the stock is trading at around $400, and robotaxis aren&#39;t expected until June, in a single city (Austin).</p><p>To us, this shows undue optimism, part of which may be caused by statements like this from management around the new product lines (emphasis added):</p><blockquote><p></p><p>I&#39;ve -- some of these things I&#39;ve said for quite a long time and I know people said, well, Elon is the boy who cried wolf-like several times but I&#39;m telling you there&#39;s a damn wolf this time and you can drive it. In fact, it can drive you. <strong>It&#39;s a self-driving wolf</strong>.</p><p>These things that already exist with no incremental cost change, just a software update, now have five times or more utility than they currently have. I think this will be the <strong>largest asset value increase in human history</strong>. Maybe there&#39;s something bigger, but I just don&#39;t know what it is. And so people who look in the rearview mirror are looking for past precedent, except I don&#39;t think there is one.</p><p>I think long-term, Optimus will be -- Optimus has the potential to be north of <strong><em>$10 trillion in revenue</em></strong>. Like, it&#39;s really bananas.</p></blockquote><p>All told, we don&#39;t expect that within a few years&#39; time, TSLA will be raking in 1/10th of global GDP in revenues on a single product alone.</p><h2 id=\"id_3741566877\">Summary</h2><p>Thus, we come to our summary of Tesla.</p><p>At this price, there&#39;s potentially significant value in the company&#39;s future projects, as the market has shown, but at present, the valuation of those projects appears too speculative.</p><p>Overall, this mispricing means that investors should consider selling out of their stakes and waiting to buy lower. If the past is anything to go by, you&#39;ll get your chance to do just that.</p><p>Cheers!</p></body></html>","source":"lsy1728464409321","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla: Once Again, It's Time To Trim</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla: Once Again, It's Time To Trim\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-02-02 14:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4753962-tesla-once-again-time-to-trim-double-rating-downgrade><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryWe initially rated Tesla, Inc. stock a Sell in November 2023 due to slowing growth and a lofty valuation. From there, the stock fell 31%.Then, we upgraded Tesla in April 2024 after the market ...</p>\n\n<a href=\"https://seekingalpha.com/article/4753962-tesla-once-again-time-to-trim-double-rating-downgrade\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://seekingalpha.com/article/4753962-tesla-once-again-time-to-trim-double-rating-downgrade","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1175504218","content_text":"SummaryWe initially rated Tesla, Inc. stock a Sell in November 2023 due to slowing growth and a lofty valuation. From there, the stock fell 31%.Then, we upgraded Tesla in April 2024 after the market appeared too negative on shares. Since, the stock has risen 126%, driven by speculation around Robotaxis and autonomous driving.Now, Tesla appears overvalued again. We recommend trimming TSLA from your portfolio due to overly optimistic projections around “future products”.We're downgrading TSLA to a Sell.White cyborg robotic hand pointing his finger - 3D rendering isolated on free PNG background.Of all the stocks we've covered here on Seeking Alpha, we're particularly proud of our track record when it comes to Tesla, Inc. (NASDAQ:TSLA).Our coverage began on the stock in November 2023, when we called the stock a Sell based on the company's slowing growth and lack of progress on key initiatives. At the time, the multiple seemed a bit rich for the company's output, so we came out as bears:Tesla: The Range Of Outcomes Is Narrowing; That's A Bad Thing.From that point, the stock fell roughly 31%, until we upgraded it on April 9th, 2024.At that point, shares seemed unduly beat up, in our view, and we upgraded TSLA:Tesla: When The Time Comes To Buy, You Won't Want To (Rating Upgrade).Since then, the stock is back up roughly 126%, in which time we put out another bullish article about Robotaxis, arguing that speculation around future gains in autonomous driving and Optimus could drive continued appreciation for investors:TSLAAll of this is to say that we feel like we have a “good bead” on the company's valuation and business dynamics.From that frame, we feel that the stock has once again become 'too expensive', and it appears as though it could be time, once again, to trim.Today, we'll cover the recent earnings report, examine the stock's lofty valuation, and explain why, on balance, we think it's time to begin pruning TSLA out of your portfolio — at least for now.Sound good? Let's dive in.Our Tesla FrameworkIn case you missed our earlier articles on TSLA, here's a quick summary of how we see the stock. Normally, we'd skip writing a section like this, but TSLA is a very volatile, speculative bet, and many investors look at the financials and see entirely different things. Thus, we think it's necessary, first, to establish how we think about the company.In short, we see TSLA as an advanced manufacturing firm, mostly producing cars. Sure, TSLA also manufactures batteries and other components in its Energy segment, but at its heart, the firm is an automotive company.Why? Because this is where most of TSLA's financial results are derived. A massive chunk of the company's revenues come from the automotive segment, which means that this is a natural point of comparison for analysts:TSLAThus, when contrasted with competitors, Tesla's $1.3 trillion valuation can be very challenging to comprehend.In our view, this valuation difference vs. peers is largely down to TSLA's “upcoming” product launches, mainly full self-drive (“FSD”) & Robotaxis, and Optimus (the robot):A significant portion of Tesla's current value is tied to higher margin, non-automotive, ['future'] products like Robotaxi, Dojo, and Optimus.We'd estimate that about 80% of TSLA's 'future product' value is perceived to be in the Robotaxi segment, as it is the closest to 'production' and the most natural extension of TSLA's current business.If you take this estimate at face value, then it means [robotaxis are] likely incredibly consequential for ~65% of TSLA's market cap or about $500 billion in shareholder value.This estimate was from October. Since then, TSLA has rallied more than 60% while financial results have largely remained flat, which signals that basically all of this appreciation has been due to investors assigning a higher multiple to these future product launches.For TSLA, we see two main camps within the analyst community. There are those that see the stock as a purely “car” company (and thus, overvalued), and those that see it as an advanced manufacturer of the future, including automated cars, robots, software, energy solutions, and more (which would make it undervalued).We sit somewhere in the middle. TSLA is clearly an automotive company right now, but if the company can execute — which they have proven that they can — then there could be significantly more value that gets unlocked for investors in coming years.As sentiment around the company shifts, our “middle of the road” understanding gives us a leg up in identifying when things 'extend' too far in one direction or the other, which is precisely what we think we see right now.Tesla's Q4Looking at the most recent quarter, Tesla turned in what most are collectively calling a “stinker.”Revenue came in as a massive miss, and the firm's top-line growth also left much to be desired. EPS also came in below expectations, albeit slightly.TSLAAll in all, it was a pretty dismal showing.Of particular note was the company's considerable drop in TTM net income, which is largely due to TSLA's car pricing strategy (cutting) having a continued impact on margins:TSLAThese tactical pricing changes are meant to keep TSLA car volumes up, but it has put serious pressure on gross margins over time.In other words, competition is heating up, materializing, and eating into investor's bottom-line returns:TSLAFor much of TSLA's run over the last 5 years, many bulls have argued that the company's product was differentiated enough to warrant a higher multiple, on the back of structurally higher margins. However, now, this doesn't appear to be the case.Granted, some decline in TTM net income is from the drop-off of a positive Q4 in 2023 which had a huge, unusual tax item, but even adjusted for that, TSLA's net income is still down double-digit percentages.Trump's cutting of EV incentives only presents further headwinds to the business.Similarly, TSLA's profitability would be down even more without Bitcoin. As we can see from the 10K, a material percentage of TSLA's $7.1 billion in net income is from an increase in the fair value of the firm's total Bitcoin holdings (emphasis added):Other income (expense), net, changed favorably by $523 million in the year ended December 31, 2024 as compared to the year ended December 31, 2023 primarily due to remeasurement of our bitcoin digital assets to fair value in 2024.Overall, it's not a pretty picture for the core business.Bulls might say that these pricing headwinds are transient, or that the consumer environment is cyclical, but we'd counter by saying hey, that's the car business.In other words, maybe Tesla isn't that different from competitors when it comes to making and selling cars.The ValuationBut what is Tesla worth?If you slap on car industry averages to Tesla's financial results, then you're looking at a P/E of ~7x and a P/S of roughly 0.6x:TSLAThis would output a market cap between roughly ~$49 billion and ~$57 billion. Considering the current market cap of $1.28 trillion, the market clearly doesn't agree with this framing.Looking now at the earnings call, TSLA management heavily, heavily focused on the company's future product lines — mainly Optimus and robotaxis (emphasis added):We made many critical investments in 2024 in manufacturing AI and robotics that will bear immense fruit in the future, immense.Like it's, in fact, to such a scale that it is difficult to comprehend. And I've said this before, and I'll stand by it. I see a path, I'm not saying it's an easy path, but I see a path for Tesla being the most valuable company in the world by far, not even close.Like, maybe several times more than, I mean, there is a path where Tesla is worth more than the next top five companies combined. There's a path to that. I mean, I think it's like an incredibly, just like a difficult path, but it is an achievable path.So -- and that is overwhelmingly due to autonomous vehicles and autonomous humanoid robots.What a sales pitch!To us, this makes Tesla's story “clear.” For investors, this is clearly where the value is coming from. The core business isn't growing much anymore as the market saturates and competition heats up — fine.However, the company's balance sheet is strong, and as long as there's serious potential in TSLA's new businesses, then the stock gets the premium.From this point, it's a “show me” story.For our money, investors are too optimistic about this future.In our previous article, we laid out what an incredibly optimistic bull case for what Robotaxis could be worth, assuming that they launched this year:In this model, adoption is slow to start, but quickly scales as users join the network and make their idle Teslas earn while they sleep.Again, the demand is the real constraint here, but given the likely lower cost of automated ride hail, it should prove popular with cost-conscious consumers:TSLAPropNotesIn this scenario, we see TSLA earning more per ride, and with a larger network of supply and demand under their control.This scenario would represent a 60% upside for the NPV of the robotaxi segment (at a 4% discount rate), which works out to roughly 37% upside for TSLA's stock.This works out to a share price of roughly $345 per share.Under this optimistic scenario, robotaxis launch immediately and gain market share quickly. In that case, we'd argue Tesla is maybe worth $345 per share. Currently, the stock is trading at around $400, and robotaxis aren't expected until June, in a single city (Austin).To us, this shows undue optimism, part of which may be caused by statements like this from management around the new product lines (emphasis added):I've -- some of these things I've said for quite a long time and I know people said, well, Elon is the boy who cried wolf-like several times but I'm telling you there's a damn wolf this time and you can drive it. In fact, it can drive you. It's a self-driving wolf.These things that already exist with no incremental cost change, just a software update, now have five times or more utility than they currently have. I think this will be the largest asset value increase in human history. Maybe there's something bigger, but I just don't know what it is. And so people who look in the rearview mirror are looking for past precedent, except I don't think there is one.I think long-term, Optimus will be -- Optimus has the potential to be north of $10 trillion in revenue. Like, it's really bananas.All told, we don't expect that within a few years' time, TSLA will be raking in 1/10th of global GDP in revenues on a single product alone.SummaryThus, we come to our summary of Tesla.At this price, there's potentially significant value in the company's future projects, as the market has shown, but at present, the valuation of those projects appears too speculative.Overall, this mispricing means that investors should consider selling out of their stakes and waiting to buy lower. If the past is anything to go by, you'll get your chance to do just that.Cheers!","news_type":1},"isVote":1,"tweetType":1,"viewCount":9,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":387175424340392,"gmtCreate":1735555696579,"gmtModify":1736478380655,"author":{"id":"3574213079513866","authorId":"3574213079513866","name":"NatMeg","avatar":"https://community-static.tradeup.com/news/425463aa7de7f81def2d836be3ff01e3","crmLevel":9,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574213079513866","authorIdStr":"3574213079513866"},"themes":[],"htmlText":"What if u are wrong again 🫣","listText":"What if u are wrong again 🫣","text":"What if u are wrong again 🫣","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/387175424340392","isVote":1,"tweetType":1,"viewCount":377,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":350227203104768,"gmtCreate":1726532595508,"gmtModify":1726532599557,"author":{"id":"3574213079513866","authorId":"3574213079513866","name":"NatMeg","avatar":"https://community-static.tradeup.com/news/425463aa7de7f81def2d836be3ff01e3","crmLevel":9,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574213079513866","authorIdStr":"3574213079513866"},"themes":[],"htmlText":"Good luck with the short. Make sure you keep some cash on the side for Retirement.","listText":"Good luck with the short. Make sure you keep some cash on the side for Retirement.","text":"Good luck with the short. Make sure you keep some cash on the side for Retirement.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/350227203104768","repostId":"2468847193","repostType":2,"repost":{"id":"2468847193","kind":"highlight","pubTimestamp":1726530774,"share":"https://ttm.financial/m/news/2468847193?lang=&edition=fundamental","pubTime":"2024-09-17 07:52","market":"nz","language":"en","title":"Tesla: I Was Wrong To Short (Rating Upgrade)","url":"https://stock-news.laohu8.com/highlight/detail?id=2468847193","media":"seekingalpha","summary":"I've maintained a significant short position on Tesla, Inc. due to declining EV demand, growing competition, and an expensive valuation, despite recent stock price increases.Tesla's stock is highly se","content":"<html><head></head><body><ul style=\"\"><li><p>I&#39;ve maintained a significant short position on Tesla, Inc. due to declining EV demand, growing competition, and an expensive valuation, despite recent stock price increases.</p></li><li><p>Tesla&#39;s stock is highly sensitive to interest rates, and with rates likely peaking, the macro environment may no longer push the price lower.</p></li><li><p>Q2 results show stalling growth and rising operating expenses, making Tesla&#39;s auto segment comparable to BYD Company&#39;s but at a much higher valuation.</p></li><li><p>Given the potential bullish catalyst of decreasing interest rates, I upgrade Tesla to HOLD/Neutral despite long-term bearish views on its high valuation.</p></li></ul><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/b472b409c9208cb9d50732d90627747f\" tg-width=\"750\" tg-height=\"500\"/></p><p>Richard Drury</p><p></p><p>Dear readers,</p><p>I&#39;ve had a major short position on <strong>Tesla, Inc.</strong> (NASDAQ:TSLA) for quite some time.</p><p>I first initiated the position in March at $177 per share and informed my readers (here). Later, I published an article called <em>7 Reasons To Short The Stock </em>and doubled down on my position mainly due to:</p><ol start=\"1\" style=\"\"><li><p>declining demand for EVs globally,</p></li><li><p>growing competition,</p></li><li><p>declining revenue growth and margins,</p></li><li><p>an expensive valuation,</p></li><li><p>and a dangerous technical level.</p></li></ol><p>Since that article, the stock price has jumped to $228 per share, which means that my short position is now around 25% underwater.</p><p>I believe that long-term, the short will pay off as many of the aforementioned concerns very much remain and have actually been confirmed by the Q2 earnings report released in late July.</p><p>At the same time, however, I recognize that interest rate cuts, which seem very likely in the coming months and quarters, are likely to be a bullish catalyst and could easily cause a surge in the price of Tesla stock.</p><p>Today, I publish an update to my thesis based on the most recently published numbers, focusing mainly on the sensitivity of the stock to interest rates, and weighing the pros and cons of keeping my short on.</p><h2 id=\"id_1290652782\">The impact of high interest rates</h2><p>Most analysts here on Seeking Alpha use the Fed funds rate as their preferred measure of interest rates in the economy. Personally, however, I prefer to look at the 2-year treasury yield (US2Y). The two tend to move in tandem with each other, but as evident from the chart above, the 2-year yield is more forward-looking (and therefore tends to drive the Fed funds rate).</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/c6772d0839c0e3228337a15f1eae15e4\" tg-width=\"640\" tg-height=\"477\"/></p><p>Tradingview</p><p></p><p>The chart below shows a clear negative relationship between interest rates (i.e., the 2-year treasury yield (US2Y)) and the price of Tesla stock. Since late 2022 and throughout 2023, Tesla declined by 75% from a high of $400 per share to just above $100 per share as interest rates increased from 0.5% to 4%. Importantly, the relationship also held quite well throughout 2024.</p><p>The moral of the story is that while there are, of course, other factors that influence the price, the <strong>price of Tesla is very sensitive to interest rates</strong>.</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/e9920597d7afbd5edfb173da1840335d\" tg-width=\"635\" tg-height=\"439\"/></p><p>Data by YCharts</p><p></p><p>There are <strong>two fundamental reasons</strong> for this.</p><p><strong>First</strong>, the demand for EVs, especially in the U.S., is quite highly affected by financing rates. And higher financing costs often lead to people postponing their decision to buy a new car. Management has been very aware of this and has (somewhat successfully) tried to motivate people with attractive financing options such as sub-2% rates for any Model Y bought before September.</p><p><strong>Second</strong>, Tesla&#39;s expensive valuation (at almost 100x forward earnings) relies heavily on (uncertain) cash flows far in the future (after full self-driving (“FSD”) is fully functional and integrated, etc.). Long-duration cash flows get discounted at the current interest rate to arrive at a fair value of a stock. It follows that higher interest rates are negatively related to stock price performance.</p><p>But here&#39;s the thing.</p><p>It appears that interest rates have likely peaked and, as a result, we, as short sellers, can no longer depend on an unfavorable macro environment to push the price lower. It is time to re-evaluate how the company is actually doing and weigh the risk factors against the coming bullish catalyst in the form of lower interest rates.</p><h2 id=\"id_2346371137\">Q2 results — things have indeed slowed down</h2><p>Let&#39;s start with the latest earnings.</p><p>Tesla booked record quarterly revenues of $25.5 Billion, thanks to</p><ol start=\"1\" style=\"\"><li><p>A rebound in vehicle deliveries from a low of 386k in Q1 to 443k, which is roughly in line with the average seen in 2023,</p></li><li><p>Rapid growth in the energy storage business with 9.4 GWh of deployments in Q2, up 100% YoY, and</p></li><li><p>Record regulatory credit revenues recognized during the quarter.</p></li></ol><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/50ffad2cb76be85f22e9f0cbdda7e5c3\" tg-width=\"640\" tg-height=\"332\"/></p><p>Tesla IR</p><p></p><p>Continuing with the positives, the gross margin for the quarter came in at 18%, in line with previous quarters, as lower sale prices were largely offset by lower COGS due to lower raw material costs, freight, and duties.</p><p>On the negatives, it&#39;s now clear that Tesla&#39;s growth has basically come to a standstill with total revenues up only 2% YoY and automotive revenues, which form the bulk of Tesla&#39;s business, down 7% YoY. Management insists that growth will pick up again in the future, but meanwhile Tesla&#39;s biggest rival — BYD Company Limited (OTCPK:BYDDF) — is seeing strong 21% growth in their EV sales. This is one of many reasons why I don&#39;t think Tesla deserves its premium multiple compared to other automakers (traditional and EV).</p><p>In addition to stalling growth, due to rising operating expenses, Tesla has been struggling to keep their operating margin. Just five to quarters ago, Tesla had an operating margin in the double digits. Today, despite no change to gross margin, the operating margin has been cut in half to just 6.3%. That is barely in line with BYD, despite trading at five times the valuation multiple.</p><p>Currently, it&#39;s <strong>difficult to argue that Tesla&#39;s auto segment is any better than BYD&#39;s</strong> as it exhibits significantly less growth and a similar margin.</p><h2 id=\"id_3167441143\">Why Am I Upgrading Tesla?</h2><p>Of course, Tesla has other divisions beyond car manufacturing, and the bulls will argue that these are worth the pricey premium. But the problem is that, except for Energy, none of the other divisions are profitable, and their profit prospects are uncertain and far in the future.</p><p>Meanwhile, the stock trades at 98x forward earnings. Such a high multiple only makes sense if earnings grow exponentially in the future, which in the case of Tesla implicitly assumes that divisions beyond auto manufacturing translate into profits.</p><p>I continue to be <strong>long-term bearish</strong> on Tesla, Inc. stock because I don&#39;t see its high valuation multiple as justified. <strong>But in the short to medium term, I see too many risks to shorting the stock</strong>.</p><p>In particular, I worry that <strong>(1)</strong> the re-rating to a lower multiple may take a long time as the stock has tons of die-hard fans, <strong>(2)</strong> we may now be in a period of trough earnings due to peaking interest rates, and <strong>(3)</strong> the expected decrease in interest rates could act as a significant bullish catalyst given Tesla, Inc. stock&#39;s sensitivity to interest rates.</p><p>For these reasons, I upgrade the stock to a HOLD / Neutral.</p><p>Editor&#39;s Note: This article discusses one or more securities that do not trade on a major U.S. exchange. Please be aware of the risks associated with these stocks.</p></body></html>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla: I Was Wrong To Short (Rating Upgrade)</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla: I Was Wrong To Short (Rating Upgrade)\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-09-17 07:52 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4721354-tesla-i-was-wrong-to-short-rating-upgrade><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>I've maintained a significant short position on Tesla, Inc. due to declining EV demand, growing competition, and an expensive valuation, despite recent stock price increases.Tesla's stock is highly ...</p>\n\n<a href=\"https://seekingalpha.com/article/4721354-tesla-i-was-wrong-to-short-rating-upgrade\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉","TSLL":"Direxion Daily TSLA Bull 2X Shares"},"source_url":"https://seekingalpha.com/article/4721354-tesla-i-was-wrong-to-short-rating-upgrade","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2468847193","content_text":"I've maintained a significant short position on Tesla, Inc. due to declining EV demand, growing competition, and an expensive valuation, despite recent stock price increases.Tesla's stock is highly sensitive to interest rates, and with rates likely peaking, the macro environment may no longer push the price lower.Q2 results show stalling growth and rising operating expenses, making Tesla's auto segment comparable to BYD Company's but at a much higher valuation.Given the potential bullish catalyst of decreasing interest rates, I upgrade Tesla to HOLD/Neutral despite long-term bearish views on its high valuation.Richard DruryDear readers,I've had a major short position on Tesla, Inc. (NASDAQ:TSLA) for quite some time.I first initiated the position in March at $177 per share and informed my readers (here). Later, I published an article called 7 Reasons To Short The Stock and doubled down on my position mainly due to:declining demand for EVs globally,growing competition,declining revenue growth and margins,an expensive valuation,and a dangerous technical level.Since that article, the stock price has jumped to $228 per share, which means that my short position is now around 25% underwater.I believe that long-term, the short will pay off as many of the aforementioned concerns very much remain and have actually been confirmed by the Q2 earnings report released in late July.At the same time, however, I recognize that interest rate cuts, which seem very likely in the coming months and quarters, are likely to be a bullish catalyst and could easily cause a surge in the price of Tesla stock.Today, I publish an update to my thesis based on the most recently published numbers, focusing mainly on the sensitivity of the stock to interest rates, and weighing the pros and cons of keeping my short on.The impact of high interest ratesMost analysts here on Seeking Alpha use the Fed funds rate as their preferred measure of interest rates in the economy. Personally, however, I prefer to look at the 2-year treasury yield (US2Y). The two tend to move in tandem with each other, but as evident from the chart above, the 2-year yield is more forward-looking (and therefore tends to drive the Fed funds rate).TradingviewThe chart below shows a clear negative relationship between interest rates (i.e., the 2-year treasury yield (US2Y)) and the price of Tesla stock. Since late 2022 and throughout 2023, Tesla declined by 75% from a high of $400 per share to just above $100 per share as interest rates increased from 0.5% to 4%. Importantly, the relationship also held quite well throughout 2024.The moral of the story is that while there are, of course, other factors that influence the price, the price of Tesla is very sensitive to interest rates.Data by YChartsThere are two fundamental reasons for this.First, the demand for EVs, especially in the U.S., is quite highly affected by financing rates. And higher financing costs often lead to people postponing their decision to buy a new car. Management has been very aware of this and has (somewhat successfully) tried to motivate people with attractive financing options such as sub-2% rates for any Model Y bought before September.Second, Tesla's expensive valuation (at almost 100x forward earnings) relies heavily on (uncertain) cash flows far in the future (after full self-driving (“FSD”) is fully functional and integrated, etc.). Long-duration cash flows get discounted at the current interest rate to arrive at a fair value of a stock. It follows that higher interest rates are negatively related to stock price performance.But here's the thing.It appears that interest rates have likely peaked and, as a result, we, as short sellers, can no longer depend on an unfavorable macro environment to push the price lower. It is time to re-evaluate how the company is actually doing and weigh the risk factors against the coming bullish catalyst in the form of lower interest rates.Q2 results — things have indeed slowed downLet's start with the latest earnings.Tesla booked record quarterly revenues of $25.5 Billion, thanks toA rebound in vehicle deliveries from a low of 386k in Q1 to 443k, which is roughly in line with the average seen in 2023,Rapid growth in the energy storage business with 9.4 GWh of deployments in Q2, up 100% YoY, andRecord regulatory credit revenues recognized during the quarter.Tesla IRContinuing with the positives, the gross margin for the quarter came in at 18%, in line with previous quarters, as lower sale prices were largely offset by lower COGS due to lower raw material costs, freight, and duties.On the negatives, it's now clear that Tesla's growth has basically come to a standstill with total revenues up only 2% YoY and automotive revenues, which form the bulk of Tesla's business, down 7% YoY. Management insists that growth will pick up again in the future, but meanwhile Tesla's biggest rival — BYD Company Limited (OTCPK:BYDDF) — is seeing strong 21% growth in their EV sales. This is one of many reasons why I don't think Tesla deserves its premium multiple compared to other automakers (traditional and EV).In addition to stalling growth, due to rising operating expenses, Tesla has been struggling to keep their operating margin. Just five to quarters ago, Tesla had an operating margin in the double digits. Today, despite no change to gross margin, the operating margin has been cut in half to just 6.3%. That is barely in line with BYD, despite trading at five times the valuation multiple.Currently, it's difficult to argue that Tesla's auto segment is any better than BYD's as it exhibits significantly less growth and a similar margin.Why Am I Upgrading Tesla?Of course, Tesla has other divisions beyond car manufacturing, and the bulls will argue that these are worth the pricey premium. But the problem is that, except for Energy, none of the other divisions are profitable, and their profit prospects are uncertain and far in the future.Meanwhile, the stock trades at 98x forward earnings. Such a high multiple only makes sense if earnings grow exponentially in the future, which in the case of Tesla implicitly assumes that divisions beyond auto manufacturing translate into profits.I continue to be long-term bearish on Tesla, Inc. stock because I don't see its high valuation multiple as justified. But in the short to medium term, I see too many risks to shorting the stock.In particular, I worry that (1) the re-rating to a lower multiple may take a long time as the stock has tons of die-hard fans, (2) we may now be in a period of trough earnings due to peaking interest rates, and (3) the expected decrease in interest rates could act as a significant bullish catalyst given Tesla, Inc. stock's sensitivity to interest rates.For these reasons, I upgrade the stock to a HOLD / Neutral.Editor's Note: This article discusses one or more securities that do not trade on a major U.S. exchange. Please be aware of the risks associated with these stocks.","news_type":1},"isVote":1,"tweetType":1,"viewCount":318,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":306154926215280,"gmtCreate":1715780017054,"gmtModify":1715782071266,"author":{"id":"3574213079513866","authorId":"3574213079513866","name":"NatMeg","avatar":"https://community-static.tradeup.com/news/425463aa7de7f81def2d836be3ff01e3","crmLevel":9,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574213079513866","authorIdStr":"3574213079513866"},"themes":[],"htmlText":"What stupid article is this?","listText":"What stupid article is this?","text":"What stupid article is this?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/306154926215280","isVote":1,"tweetType":1,"viewCount":424,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":301538287394888,"gmtCreate":1714637260557,"gmtModify":1714637906136,"author":{"id":"3574213079513866","authorId":"3574213079513866","name":"NatMeg","avatar":"https://community-static.tradeup.com/news/425463aa7de7f81def2d836be3ff01e3","crmLevel":9,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574213079513866","authorIdStr":"3574213079513866"},"themes":[],"htmlText":"Reuters always spew lies and fake stories","listText":"Reuters always spew lies and fake stories","text":"Reuters always spew lies and fake stories","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/301538287394888","repostId":"2432504032","repostType":2,"repost":{"id":"2432504032","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1714637171,"share":"https://ttm.financial/m/news/2432504032?lang=&edition=fundamental","pubTime":"2024-05-02 16:06","market":"us","language":"en","title":"Tesla Retreats From Next-Generation \"Gigacasting\" Manufacturing Process","url":"https://stock-news.laohu8.com/highlight/detail?id=2432504032","media":"Reuters","summary":"AUSTIN, Texas, May 1 (Reuters) - Tesla has backed away from an ambitious plan for innovations in gigacasting, its pioneering manufacturing process, according to two sources familiar with the matter, i","content":"<html><head></head><body><p>AUSTIN, Texas, May 1 (Reuters) - Tesla has backed away from an ambitious plan for innovations in gigacasting, its pioneering manufacturing process, according to two sources familiar with the matter, in another sign that the electric-vehicle maker is retrenching amid falling sales and rising competition.</p><p>Shares rose 2% in premarket trading.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/03ca59fe2d52727a450ef968c14c02cb\" tg-width=\"848\" tg-height=\"843\"/></p><p>Tesla has been a leader in gigacasting, a cutting-edge technique that uses huge presses with thousands of tons of clamping pressure to die-cast large sections of the car’s underbody. On a typical vehicle, the underbody can consist of hundreds of individual parts.</p><p>Last year, as Tesla developed a new small-vehicle platform, it aimed to punch out the underbody in a single piece, Reuters exclusively reported last September, citing five sources familiar with the automaker’s gigacasting operations. The long-term goal was to radically simplify manufacturing and slash costs.</p><p>But Tesla has since halted the effort, opting to stick with its more proven method of casting vehicle underbodies in three pieces: two gigacasted front and rear sections and a midsection made of aluminum and steel frames to store batteries, according to the two sources familiar with the matter. That is largely the same three-piece method the company has used for its last two new models, the Model Y crossover SUV and the Cybertruck pickup.</p><p>Tesla’s retreat from one-piece gigacasting has not been previously reported. The automaker did not respond to a request for comment.</p><p>The decision to hold off on the potential manufacturing breakthrough marks another example of Tesla slashing short-term spending as it adjusts to falling sales and profit margins, softening EV demand globally, and intensifying competition from rival EV makers such as China’s BYD. Tesla last month laid off more than 10% of its global workforce. A handful of senior executives have also resigned or been pushed out.</p><p>Such moves also reflect a fundamental strategy shift, with Tesla now focusing more on developing self-driving vehicles than on pushing for huge growth in EV sales volume, which many investors had been counting on.</p><p>The step-back on gigacasting occurred last autumn, the people said, before Tesla decided in late February to halt development of an all-new affordable car, often called the Model 2, which would have been the first vehicle it built with one-piece gigacasting. Reuters first reported the cancellation of the Model 2 on April 5.</p><p>On April 23, as it released earnings that missed Wall Street expectations, Tesla said it had a simpler, faster plan for producing “more affordable” cars after shelving plans for the Model 2, which was expected to cost $25,000 and be released in the second half of 2025.</p><p>Instead, Tesla officials said, it would produce affordable models using a current platform and production lines. On an investor call, Chief Executive Elon Musk declined to provide details on the planned new offerings or their target prices.</p><p>Tesla has not entirely abandoned the small-vehicle platform it had planned for the Model 2. Instead, it will move forward in developing a self-driving robotaxi on the same platform, Reuters reported in the April 5 story. One of the two sources familiar with the automaker’s gigacasting operations said the suppliers involved are now adapting Tesla&#39;s three-piece process for the next-generation vehicle.</p><p>Both sources said the automaker decided last autumn to halt work on the more innovative and difficult one-piece casting process. At the time, the rationale for the decision was to speed development of the now-defunct Model 2 and avoid any costly delays or manufacturing problems, the two sources said.</p><h2 id=\"id_1625347922\" style=\"text-align: start;\">BIG UPFRONT INVESTMENT</h2><p>Tesla and Musk have said gigacasting helps the automaker reduce costs over the long term. But the process requires large initial investments and is difficult and time-consuming to perfect, automotive manufacturing experts say.</p><p>Experts in vehicle manufacturing said Tesla’s more conservative path on gigacasting is no surprise and in part reflects the pains it has experienced historically in launching complex and innovative vehicles on time. The automaker’s highly experimental Cybertruck arrived last autumn at a far higher price than predicted after substantial delays to work through manufacturing issues. Tesla is still struggling to produce the angular, stainless-steel pickup in mass-market volumes.</p><p>Holding off on one-piece gigacasting will save the company from making massive short-term capital investments in manufacturing and design, said Terry Woychowski, president of U.S. engineering company Caresoft Global, who has led teardowns and engineering analyses on numerous vehicles, including Teslas.</p><p>“Would they rather have done it all in one big piece? Sure, they would’ve, but at what cost?” Woychowski asked.</p><p>James Womack, a vehicle manufacturing expert and former research director at the Massachusetts Institute of Technology, said Tesla’s gigacasting pullback reflects the company’s scramble last year to launch an all-new $25,000 car to catch up with Chinese EV makers who are already dominating the low-cost EV segment.</p><p>But pushing forward with an innovative production technique would do little to help sell a Tesla car to consumers, Womack said.</p><p>“It’s not very exciting from the standpoint of the public and buyer,” Womack said, “and you don’t know whether this is really a big cost-saver or not.”</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla Retreats From Next-Generation \"Gigacasting\" Manufacturing Process</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla Retreats From Next-Generation \"Gigacasting\" Manufacturing Process\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2024-05-02 16:06</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>AUSTIN, Texas, May 1 (Reuters) - Tesla has backed away from an ambitious plan for innovations in gigacasting, its pioneering manufacturing process, according to two sources familiar with the matter, in another sign that the electric-vehicle maker is retrenching amid falling sales and rising competition.</p><p>Shares rose 2% in premarket trading.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/03ca59fe2d52727a450ef968c14c02cb\" tg-width=\"848\" tg-height=\"843\"/></p><p>Tesla has been a leader in gigacasting, a cutting-edge technique that uses huge presses with thousands of tons of clamping pressure to die-cast large sections of the car’s underbody. On a typical vehicle, the underbody can consist of hundreds of individual parts.</p><p>Last year, as Tesla developed a new small-vehicle platform, it aimed to punch out the underbody in a single piece, Reuters exclusively reported last September, citing five sources familiar with the automaker’s gigacasting operations. The long-term goal was to radically simplify manufacturing and slash costs.</p><p>But Tesla has since halted the effort, opting to stick with its more proven method of casting vehicle underbodies in three pieces: two gigacasted front and rear sections and a midsection made of aluminum and steel frames to store batteries, according to the two sources familiar with the matter. That is largely the same three-piece method the company has used for its last two new models, the Model Y crossover SUV and the Cybertruck pickup.</p><p>Tesla’s retreat from one-piece gigacasting has not been previously reported. The automaker did not respond to a request for comment.</p><p>The decision to hold off on the potential manufacturing breakthrough marks another example of Tesla slashing short-term spending as it adjusts to falling sales and profit margins, softening EV demand globally, and intensifying competition from rival EV makers such as China’s BYD. Tesla last month laid off more than 10% of its global workforce. A handful of senior executives have also resigned or been pushed out.</p><p>Such moves also reflect a fundamental strategy shift, with Tesla now focusing more on developing self-driving vehicles than on pushing for huge growth in EV sales volume, which many investors had been counting on.</p><p>The step-back on gigacasting occurred last autumn, the people said, before Tesla decided in late February to halt development of an all-new affordable car, often called the Model 2, which would have been the first vehicle it built with one-piece gigacasting. Reuters first reported the cancellation of the Model 2 on April 5.</p><p>On April 23, as it released earnings that missed Wall Street expectations, Tesla said it had a simpler, faster plan for producing “more affordable” cars after shelving plans for the Model 2, which was expected to cost $25,000 and be released in the second half of 2025.</p><p>Instead, Tesla officials said, it would produce affordable models using a current platform and production lines. On an investor call, Chief Executive Elon Musk declined to provide details on the planned new offerings or their target prices.</p><p>Tesla has not entirely abandoned the small-vehicle platform it had planned for the Model 2. Instead, it will move forward in developing a self-driving robotaxi on the same platform, Reuters reported in the April 5 story. One of the two sources familiar with the automaker’s gigacasting operations said the suppliers involved are now adapting Tesla&#39;s three-piece process for the next-generation vehicle.</p><p>Both sources said the automaker decided last autumn to halt work on the more innovative and difficult one-piece casting process. At the time, the rationale for the decision was to speed development of the now-defunct Model 2 and avoid any costly delays or manufacturing problems, the two sources said.</p><h2 id=\"id_1625347922\" style=\"text-align: start;\">BIG UPFRONT INVESTMENT</h2><p>Tesla and Musk have said gigacasting helps the automaker reduce costs over the long term. But the process requires large initial investments and is difficult and time-consuming to perfect, automotive manufacturing experts say.</p><p>Experts in vehicle manufacturing said Tesla’s more conservative path on gigacasting is no surprise and in part reflects the pains it has experienced historically in launching complex and innovative vehicles on time. The automaker’s highly experimental Cybertruck arrived last autumn at a far higher price than predicted after substantial delays to work through manufacturing issues. Tesla is still struggling to produce the angular, stainless-steel pickup in mass-market volumes.</p><p>Holding off on one-piece gigacasting will save the company from making massive short-term capital investments in manufacturing and design, said Terry Woychowski, president of U.S. engineering company Caresoft Global, who has led teardowns and engineering analyses on numerous vehicles, including Teslas.</p><p>“Would they rather have done it all in one big piece? Sure, they would’ve, but at what cost?” Woychowski asked.</p><p>James Womack, a vehicle manufacturing expert and former research director at the Massachusetts Institute of Technology, said Tesla’s gigacasting pullback reflects the company’s scramble last year to launch an all-new $25,000 car to catch up with Chinese EV makers who are already dominating the low-cost EV segment.</p><p>But pushing forward with an innovative production technique would do little to help sell a Tesla car to consumers, Womack said.</p><p>“It’s not very exciting from the standpoint of the public and buyer,” Womack said, “and you don’t know whether this is really a big cost-saver or not.”</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","LU0820561909.HKD":"ALLIANZ INCOME AND GROWTH \"AM\" (HKD) INC","LU0234572021.USD":"高盛美国核心股票组合Acc","LU2249611893.SGD":"BNP PARIBAS ENERGY TRANSITION \"CRH\" (SGD) ACC","LU0820562030.AUD":"ALLIANZ INCOME AND GROWTH \"AMH2\" (AUDHDG) H2 INC","BK4592":"伊斯兰概念","LU2063271972.USD":"富兰克林创新领域基金","LU2756315664.SGD":"ALLIANZ INCOME AND GROWTH \"AMI\" (SGDHDG) INC","BK4585":"ETF&股票定投概念","TSLA":"特斯拉","BK4534":"瑞士信贷持仓","LU0823414478.USD":"法巴经典能源转换基金","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","BK4555":"新能源车","BK4533":"AQR资本管理(全球第二大对冲基金)","LU0097036916.USD":"贝莱德美国增长A2 USD","LU0466842654.USD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"A\" (USD) ACC","LU0689472784.USD":"安联收益及增长基金Cl AM AT Acc","LU2087621335.USD":"ALLSPRING GLOBAL FACTOR ENHANCED EQUITY \"A\" (USD) ACC","LU2326559502.SGD":"Natixis Loomis Sayles US Growth Equity P/A SGD-H","LU1852331112.SGD":"Blackrock World Technology Fund A2 SGD-H","LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD","LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC","LU1548497426.USD":"安联环球人工智能AT Acc","BK4527":"明星科技股","LU1861558580.USD":"日兴方舟颠覆性创新基金B","LU0820561818.USD":"安联收益及增长平衡基金Cl AM DIS","LU1861220033.SGD":"Blackrock Next Generation Technology A2 SGD-H","BK4588":"碎股","LU2602419157.SGD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"AC\" (SGD) ACC","LU1551013425.SGD":"Allianz Income and Growth Cl AMg2 DIS H2-SGD","LU2756315318.SGD":"ALLIANZ INCOME AND GROWTH \"AMG\" (SGDHDG) INC A","BK4551":"寇图资本持仓","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","BK4574":"无人驾驶","LU0943347566.SGD":"安联收益及增长平衡基金AM H2-SGD","LU0234570918.USD":"高盛全球核心股票组合Acc Close","LU2357305700.SGD":"Allianz Global Artificial Intelligence ET H2-SGD","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD","LU1839511570.USD":"WELLS FARGO GLOBAL FACTOR ENHANCED EQUITY \"I\" (USD) ACC","LU0823411888.USD":"法巴消费创新基金 Cap","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","BK4099":"汽车制造商","BK4511":"特斯拉概念","LU1551013342.USD":"Allianz Income and Growth Cl AMg2 DIS USD","BK4548":"巴美列捷福持仓","LU0082616367.USD":"摩根大通美国科技A（dist）","LU0056508442.USD":"贝莱德世界科技基金A2","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","TSLL":"Direxion Daily TSLA Bull 2X Shares"},"source_url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2432504032","content_text":"AUSTIN, Texas, May 1 (Reuters) - Tesla has backed away from an ambitious plan for innovations in gigacasting, its pioneering manufacturing process, according to two sources familiar with the matter, in another sign that the electric-vehicle maker is retrenching amid falling sales and rising competition.Shares rose 2% in premarket trading.Tesla has been a leader in gigacasting, a cutting-edge technique that uses huge presses with thousands of tons of clamping pressure to die-cast large sections of the car’s underbody. On a typical vehicle, the underbody can consist of hundreds of individual parts.Last year, as Tesla developed a new small-vehicle platform, it aimed to punch out the underbody in a single piece, Reuters exclusively reported last September, citing five sources familiar with the automaker’s gigacasting operations. The long-term goal was to radically simplify manufacturing and slash costs.But Tesla has since halted the effort, opting to stick with its more proven method of casting vehicle underbodies in three pieces: two gigacasted front and rear sections and a midsection made of aluminum and steel frames to store batteries, according to the two sources familiar with the matter. That is largely the same three-piece method the company has used for its last two new models, the Model Y crossover SUV and the Cybertruck pickup.Tesla’s retreat from one-piece gigacasting has not been previously reported. The automaker did not respond to a request for comment.The decision to hold off on the potential manufacturing breakthrough marks another example of Tesla slashing short-term spending as it adjusts to falling sales and profit margins, softening EV demand globally, and intensifying competition from rival EV makers such as China’s BYD. Tesla last month laid off more than 10% of its global workforce. A handful of senior executives have also resigned or been pushed out.Such moves also reflect a fundamental strategy shift, with Tesla now focusing more on developing self-driving vehicles than on pushing for huge growth in EV sales volume, which many investors had been counting on.The step-back on gigacasting occurred last autumn, the people said, before Tesla decided in late February to halt development of an all-new affordable car, often called the Model 2, which would have been the first vehicle it built with one-piece gigacasting. Reuters first reported the cancellation of the Model 2 on April 5.On April 23, as it released earnings that missed Wall Street expectations, Tesla said it had a simpler, faster plan for producing “more affordable” cars after shelving plans for the Model 2, which was expected to cost $25,000 and be released in the second half of 2025.Instead, Tesla officials said, it would produce affordable models using a current platform and production lines. On an investor call, Chief Executive Elon Musk declined to provide details on the planned new offerings or their target prices.Tesla has not entirely abandoned the small-vehicle platform it had planned for the Model 2. Instead, it will move forward in developing a self-driving robotaxi on the same platform, Reuters reported in the April 5 story. One of the two sources familiar with the automaker’s gigacasting operations said the suppliers involved are now adapting Tesla's three-piece process for the next-generation vehicle.Both sources said the automaker decided last autumn to halt work on the more innovative and difficult one-piece casting process. At the time, the rationale for the decision was to speed development of the now-defunct Model 2 and avoid any costly delays or manufacturing problems, the two sources said.BIG UPFRONT INVESTMENTTesla and Musk have said gigacasting helps the automaker reduce costs over the long term. But the process requires large initial investments and is difficult and time-consuming to perfect, automotive manufacturing experts say.Experts in vehicle manufacturing said Tesla’s more conservative path on gigacasting is no surprise and in part reflects the pains it has experienced historically in launching complex and innovative vehicles on time. The automaker’s highly experimental Cybertruck arrived last autumn at a far higher price than predicted after substantial delays to work through manufacturing issues. Tesla is still struggling to produce the angular, stainless-steel pickup in mass-market volumes.Holding off on one-piece gigacasting will save the company from making massive short-term capital investments in manufacturing and design, said Terry Woychowski, president of U.S. engineering company Caresoft Global, who has led teardowns and engineering analyses on numerous vehicles, including Teslas.“Would they rather have done it all in one big piece? Sure, they would’ve, but at what cost?” Woychowski asked.James Womack, a vehicle manufacturing expert and former research director at the Massachusetts Institute of Technology, said Tesla’s gigacasting pullback reflects the company’s scramble last year to launch an all-new $25,000 car to catch up with Chinese EV makers who are already dominating the low-cost EV segment.But pushing forward with an innovative production technique would do little to help sell a Tesla car to consumers, Womack said.“It’s not very exciting from the standpoint of the public and buyer,” Womack said, “and you don’t know whether this is really a big cost-saver or not.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":613,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":220137731878952,"gmtCreate":1694765906199,"gmtModify":1694766255325,"author":{"id":"3574213079513866","authorId":"3574213079513866","name":"NatMeg","avatar":"https://community-static.tradeup.com/news/425463aa7de7f81def2d836be3ff01e3","crmLevel":9,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574213079513866","authorIdStr":"3574213079513866"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/ARM\">$ARM Holdings Ltd(ARM)$&nbsp;</a>","listText":"<a href=\"https://ttm.financial/S/ARM\">$ARM Holdings Ltd(ARM)$&nbsp;</a>","text":"$ARM Holdings Ltd(ARM)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/220137731878952","isVote":1,"tweetType":1,"viewCount":689,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9001863923,"gmtCreate":1641218835791,"gmtModify":1676533584034,"author":{"id":"3574213079513866","authorId":"3574213079513866","name":"NatMeg","avatar":"https://community-static.tradeup.com/news/425463aa7de7f81def2d836be3ff01e3","crmLevel":9,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574213079513866","authorIdStr":"3574213079513866"},"themes":[],"htmlText":"Why do u only show Nov production numbers?","listText":"Why do u only show Nov production numbers?","text":"Why do u only show Nov production numbers?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9001863923","repostId":"2200203447","repostType":2,"isVote":1,"tweetType":1,"viewCount":121,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}