highlander
00:59
19.11.2020
#31099
|
Hva er din strategi nå, Stockamateur? Sitter du videre?
Veldig glad for at jeg kvittet meg med dette svineriet av et derivatprodukt tirsdag.
Onsdag steg Tesla nye 10,2 prosent og sluttet på 486,64 dollar - og det på en negativ børsdag. 😮 |
Stockamateur
10:10
19.11.2020
#13351
|
Jeg sitter videre, på tross av tap som nærmer seg ditt. På et eller annet punkt er det ikke flere som "må" kjøpe aksjen. Jeg venter på en periode med stabil nedgang, og ikke den maniske "buy the dips" stemningen som har vedvart ganske lenge nå mens stat etter stat stenger ned p.g.a. corona, og Trump skaper stor usikkerhet omkring hvem som faktisk er president-elect. Dette henger ikke på grepp, men folk vet jo pokker ikke hvor de skal stue bort penga sine nå om dagen. Rentene må opp etterhvert for å ta ned den sykelige risikoviljen. Det er nok en del drosjesjåfører som kjøper nå om dagen, i tillegg til de treigeste fondsforvalterne, d.v.s. de som ikke skjønte for måneder siden at Tesla skulle inn i S&P500.
NQ100 20x bear har jeg tradet, akkurat nå sitter jeg godt lastet. Futter i fritt fall lover jo bra, men kan også indikere at Tesla skal ned.
Endret 10:11 19.11.2020 av Stockamateur |
Provence
10:45
19.11.2020
#11463
|
Får hjelpe på litt her
Teslas doomed to fail due to worn out memory chips
Worn out memory, que ?
Svakheten her ligger i selve lagringsmediumet med 'Flash' minne som har begrenset levetid på hvor mange ganger man kan skrive til en lagringscelle. Også hva som kan bli et problem med lap tops som har denne nye lagringsdisken SSD - (Solid State Disk) så et obs her også ..
Nå er ikke problemet større enn at en Tesla bil må inn til service og man tar ut hele computer'en og plugger inn en ny. |
OldNick
17:52
19.11.2020
#24458
|
Er nå tiden/dagen å shorte TESLA?
Aksjekursen har passert $500/aksje, og børsverdien ligger å banker på $500 mrd.-nivået.
When Tesla joins the S&P 500, you know it’s game over
Tesla is past the point where it's at imminent risk of demise, but it's still very hard to justify the price put on the stock
David Fickling, Bloomberg columnist
Nov. 17, 2020
In an anecdote often attributed to President John F. Kennedy’s father, the moment he knew to get out of the 1920s stock market boom was when he started receiving share tips from his shoeshine boy.
You can make a similar argument about the moment that leading equity indexes finally give their blessing to an up-and-coming stock. The latest and most dramatic instance of that will happen next month, when the S&P 500 will admit Tesla Inc. through its club doors for the first time.
When Tesla joins the S&P 500, you know it’s game over
Take Yahoo Inc. The archetypal dotcom business found its way into America’s prime share index in December 1999, just four months before a collapse in internet stocks that took the U.S. more than a decade to recover from. New admissions in the mid-2000s were rich with real estate plays such as CBRE Group Inc., Boston Properties Inc., and Kimco Realty Corp. Those companies were then hammered by the subprime and 2008 financial crises. Is this time really going to be any different?
To be sure, it looks like Tesla is on more solid footing than two years ago, when regulators were lobbing fraud charges against Elon Musk and the company was, in his words, “single-digit weeks” away from bankruptcy. Its elevation to the S&P 500 had been predicted ever since second-quarter results chalked up a fourth consecutive period of profit, passing one crucial criterion that keeps a lot of startups out of the index.
Looked at it from the more exacting perspective of operating cash, it’s doing even better. The US$2.4 billion inflow in the third quarter alone was more than total operating cash in the decade through September 2019. The auto industry as a whole seems to be performing remarkably well in the grip of COVID-19, with the S&P’s automobile and parts sub-index Monday hitting its highest level in more than two years.
Tesla is already the 11th-largest company by market capitalization on U.S. exchanges, worth about as much as the world’s three biggest carmakers Toyota Motor Corp., Volkswagen AG and General Motors Co. put together. Casual investors are likely to see their index-tracking funds turn them into indirect Tesla shareholders whether they like it or not. So what’s not to like?
The lingering question is around valuation. Tesla is past the point where it’s at imminent risk of demise, but it’s still very hard to justify the price put on the stock. Returns on equity are only just pulling even with the broader automobiles sub-index. Even analyst estimates that they’ll rise north of 20 per cent over the coming years will only bring them in line with what were, until recently, considered normal levels for an industry that’s been out of favour with investors for years.
That sort of pedestrian financial performance is hard to square with Tesla’s eye-wateringly expensive stock. The median price of S&P 500 constituents is 20.89 times blended forward 12-month earnings. Tesla’s price-earnings ratio is 113, which would be enough to give it the richest rating on the index after Under Armour Inc., Boeing Co., and SBA Communications Corp. Comparing forward Ebitda to enterprise value, just six companies have higher valuations than Tesla’s 49.51 times multiple.
It’s very hard to see how Tesla will be able to justify those valuations in the long term. That’s the case even if you agree with the most bullish analysts and assume the company will be producing about US$10 billion a year of net income by 2022 or 2023, compared with US$556 million over the past 12 months. On those numbers, a 20 times price-earnings multiple would produce a business worth not much more than half of Tesla’s current US$387 billion market cap.
That’s the true lesson for newcomers to the big indexes. For every Yahoo or AOL Inc. that turns into a parable of market excess, there’s a Kimco or CBRE that survives but never recaptures the magic that propelled it into the limelight. Yahoo’s 1999 hype ultimately fell victim to the better search technology being developed by a then little-known startup called Google. The race to dominate electric vehicles over the coming decade will scarcely be less competitive.
______
TESLA Gets Crushed in Germany by EV's from Volkswagen, Renault, and Hyundai Group: It Woke Up the Giants
Wolf Richter, Wolf Street
Aug. 10, 2020
It has been a very ugly year in Germany for auto sales, except for EVs. The overall new vehicle market in Germany has plunged by 30% in the first seven months of 2020 to 1.526 million units. But EV sales have skyrocket by 65% over the first seven months, after having already skyrocketed by 88% in the same period in 2019, according to KBA, the German agency that handles nationwide new-vehicle registrations. Year-to-date, 61 105 EV's were sold, giving EV's a share of 4% of total new vehicle sales, up from less than 1% just two years ago in 2018.
But Tesla got crushed. Its sales over the seven-month period fell from 6 816 in 2019 through July, to 5 306 over the same period in 2020, and its share in the EV market plunged from 18.4% to 8.7%.
There are now three automakers that blew past it in Germany – Volkswagen Group, Renault, and Hyundai Group – while Daimler Group came in even with Tesla, and BMW group wasn’t far behind. This chart shows market share of each automaker, with all their EV brands and models combined:
mer på link
Endret 18:00 19.11.2020 av OldNick |
highlander
19:30
19.11.2020
#31121
|
Re. OldNick #24458
Velger å avvente eventuell ny short her.
Hva med nærmere det tidspunktet at Tesla faktisk blir innlemmet i S&P 500? (21. desember, eventuelt i to transjer - den første kan i så fall bli rundt 14. desember.)
Er jo perverst mange "monsteraksjer" som må kjøpes av diverse fond pga høy kapitalisering og dermed rett inn med uforholdsmessig høy vekting i SPX...
Endret 19:31 19.11.2020 av highlander |
OldNick
09:33
20.11.2020
#24459
|
Det høres fornuftig ut. Vi følger med.
Kan dere evt. guide på hvilke derivat-produkt (Nordnet) som kan kjøpes om man ønsker å ta et bet, og evt. hvor lenge kan/bør man holde det?
______
TESLA's biler er stort sett upålitelige, skal vi tro undersøkelsene til amerikanske Consumer Reports, en NGO som undersøker hvor fornøyde amerikanske forbrukere er, bl.a. bileiere.
Bare Model 3 får godkjent.
Tesla slides to bottom of Consumer Reports’ reliability survey
‘Only the Model 3 sedan is reliable,’ Consumer Reports says
Claudia Assis, Marketwatch.com
Nov. 19, 2020
Tesla (NASDAQ:TSLA) is second from the bottom among the 26 ranked brands this year, Consumer Reports said Thursday. It was pulled lower by the Model Y, the compact SUV that is Tesla’s newest available model.
The Model Y “has well below average reliability and thus cannot be recommended by CR,” the nonprofit said, faulting the vehicle for quality issues with body hardware and paint.
“Only the Model 3 sedan is reliable,” Consumer Reports said. Tesla’s luxury sedan Model S dropped to below-average reliability and is no longer recommended, and the Model X full-size SUV “remains subpar,” the nonprofit said.
Tesla did not immediately return a request for comment.
Cars by Mazda Motor Corp.’s (Tokyo7261) Mazda, General Motors Co.’s (NYSE:GM), Buick and Honda Motor Corp.’s (NYSE:HMC), Honda are among the brands that made gains in the latest survey, Consumer Reports said. Both Ford Motor Co.’s (NYSE:F) Ford and Lincoln brands struggled with the introduction of new SUVs, it said.
The yearly reliability surveys are based on data collected from Consumer Reports members about their experiences with more than 300 000 vehicles, the nonprofit said.
“Owners reported everything from transmissions needing replacement after as little as 5 000 miles to display screens that required hardware replacement and even paint that was marred by embedded human hair,” it said.
The paint-embedded human hair was on a Tesla Model Y, Consumer Reports said.
Toyota Motor Co.’s (NYSE:TM) Toyota and Lexus brands came in second and third respectively for reliability, “continuing their long record of building some of the industry’s most reliable vehicles,” the nonprofit said.
Endret 09:35 20.11.2020 av OldNick |
highlander
20:13
22.11.2020
#31163
|
Re. OldNick #24459
Stockamateur har nok mer erfaring med disse produktene enn meg.
Jeg har handlet dette:
https://www.nordnet.no/market/certificates/17272546-bear-tesla-x-3-s
- dette skal i teorien bevege seg motsatt tre ganger utslagene i Tesla
- om du har konto hos Nordnet kan du handle dette uten kurtasje
- market-maker stiller kurser med en spread på 1-2 øre stort sett hele *) åpningstiden; det er meget stor sannsynlighet for å få handlet i løpet av noen sekunder (eller minutter) om man legger seg midt i spreaden, eller også sammen med market-maker, da volatiliteten i underliggende aksje er høy og kursene som market maker stiller endrer seg hele tiden
- *) produktet handles nå fra cirka kl 09:05 til 20.00 norsk tid (åpningstiden ble utvidet etter at sammenslåingen med Euronext formelt ble gjennomført)
- kostnaden for å forvalte dette produktet (bearfondet) trekkes fra fondets verdi, en liten promille av årlig kostnad trekkes av fondets verdi hver dag
- veldig hyggelig avkastning om man treffer på en trend, drømmescenario i dette tilfellet blir en ny beartrend der man også får avkastning på avkastningen om det slår til
- riset bak speilet er at man taper penger ikke bare om man bommer - men også om aksjen en periode vekselsvis faller en dag og stiger den neste, noe som også medfører stadig redusert verdi på fondet
Så timingen er alfa og omega her. Jeg synes at Tesla nå er hinsides og på grensen til perverst priset, men det faktum at Tesla blir en del av SPX blir litt det samme som da Opticom ble en uforholdsmessig stor del av hovedindeksen under dotcom-hypen; fond blir tvunget til å kjøpe et til de grader oppblåst selskap...
Endret 20:23 22.11.2020 av highlander |
highlander
16:40
23.11.2020
#31178
|
Ikke overraskende fortsetter Tesla oppturen - i skrivende stund opp 7 prosent til 523,90 dollar - ny all-time high. (Gang dette med 5 så har man kursen før aksjespleisen.)
Bjørnefondet ligger nå bid 0,43, ask 0,44 kroner... |
OldNick
13:55
25.11.2020
#24480
|
TSLA-aksjen prises uendret i før-handelen idag.
"Bjørne-fondet" handles på Kjøp: 0.35, Selg: 0.36.
______
TESLA taper kampen om EV-markedsandeler i Tyskland.
I Oktober er alle TESLA-modeller ute av topp-20 listen, som domineres av franske (les: Renault) og tyske bilfabrikanter.0
Men de bygger jo Giga-fabrikk nr. 4 utenfor Berlin. Der må de i allefall sørge for at kvaliteten på sine TESLA-biler er sammenlignbart med europeiske merker, som jo selger på høy kvalitet.
18% Plugin Vehicle Share in Germany in October — Record Month!
Jose Pontes, Cleantechnica.com
Nov. 22, 2020
Hittil i 2020 ser vi imidlertid TESLA model 3 på en 3'dje plass, men hvor lenge?
 |
Stockamateur
15:35
25.11.2020
#13363
|
OldNick
Jeg har handlet samme bear som highlander henviser til over. Det kan kanskje være gunstig å velge en bear i Finland (f.eks. BEAR TESLA X3S NORDNET F2), da finnene har åpent til kl. 20. |
highlander
15:47
25.11.2020
#31246
|
Re. Stockamateur #13363
Som nevnt kan også "den norske" varianten av bjørnefondet handles til 20:00 etter samkjøringen med Euronext - uten kurtasje og valutapåslag dersom man anvender en Nordnet-konto.
Endret 15:51 25.11.2020 av highlander |
OldNick
15:30
27.11.2020
#24496
|
Flere "gode" nyheter for TESLA.
Fører nok til et par % opp idag også, eller?? :-)
Stor interesse i åpningsminuttet iallefall, omsatt fo rover $1 mrd. i løpet av første minuttet, opp ca. +1%.
Idag handles "BEAR TESLA X3S NORDNET N" på 30 øre.
U.S. agency opens probe into 115,000 Tesla vehicles over suspension issue
David Shepardson, Reuters
Nov. 27, 2020
Washington - The U.S. National Highway Traffic Safety Administration (NHTSA) on Friday said it had opened an investigation into around 115 000 Tesla vehicles over a front suspension safety issue.
The auto safety regulator said it was opening a preliminary evaluation into 2015-2017 Model S and 2016-2017 Model X vehicles after receiving 43 complaints alleging failure of the left or right front suspension fore links.
Tesla in February 2017 issued a service bulletin describing a manufacturing condition that may result in front suspension fore link failures, NHTSA said.
Tesla did not immediately respond to a request for comment.
The 2017 service bulletin said some vehicles have “front fore links that may not meet Tesla strength specifications. In the event of link failure, the driver can still maintain control of the vehicle but the tire may contact the wheel arch liner.”
NHTSA said 32 complaints involve failures that occurred during low-speed parking maneuvers, while 11 occurred while driving. Another eight complaints may also involve the same issue, NHTSA added.
The agency said “the complaints appear to indicate an increasing trend, with... three of the incidents at highway speeds reported within the last three months.”
On Nov. 20, a class-action lawsuit was filed against Tesla in the U.S. District Court in California over suspension issues in Model S and X vehicles claiming vehicles have defects that can result in the front and rear suspension control arm assembly components prematurely failing.
In a blog post in June 2016 Tesla denied any safety defect in Model X or Model S suspensions, but acknowledged NHTSA had asked the company to informally provide information about suspensions without opening a formal investigation.
Last week, NHTSA said it was expanding a separate probe into nearly 159 000 Tesla Model S and Model X vehicles, upgrading it to an engineering analysis, a step required before it can seek to compel recalls.
NHTSA had opened a preliminary evaluation in June over touchscreen failures. The agency said the failure can result in the loss of rear-camera image display when in reverse and reduced rear visibility when backing up, and can impact defogging ability, and audible chimes relating to Autopilot and turn signals.
That probe now covers 2012-2018 model year Tesla Model S and 2016-2018 Model X vehicles. The preliminary investigation covered 63 000 Tesla Model S cars.
Endret 15:31 27.11.2020 av OldNick |
OldNick
17:10
01.12.2020
#24517
|
TESLA (NASDAQ:TSLA) vil inkluderes i S&P500-indeksen mandag 21 des.
Tesla's S&P Debut Will Come All at Once, Rippling Across Markets
Newsmax.com/Bloomberg
Nov. 30, 2020
Tesla Inc. will be added to the S&P 500 Index in one shot on Dec. 21, a move that will ripple through the entire market as money managers adjust their portfolios to make room for shares of the $538 billion company.
Given Tesla’s massive market size, S&P had sought a consultation with investors earlier in November, asking for feedback on whether the stock should be folded into the index all at once or in two parts, which would have been unprecedented.
The electric-vehicle maker will be the seventh-biggest company in the S&P 500 at its current market value, falling between Berkshire Hathaway Inc. and Visa Inc.
With about $11 trillion in funds tied to the S&P 500, money-managers have been looking toward a few busy weeks ahead no matter how Tesla is included in the index. Whether it’s one fell swoop or two separate tranches, managers of index-tracking funds would still have to offload stocks of several other companies to make room for the mammoth newcomer in their portfolios.
“It looks like they’re ripping the band-aid off,” said Steve Sosnick, chief strategist at Interactive Brokers. “It’s ultimately less disruptive than trying something new with the largest index addition ever.”
Tesla shares (TSLA) rose more than 4% after the announcement on Monday. They slipped 3.1% in the regular session from their record high on Nov. 27. The stock is up about 580% this year.
After the initial buying into the Dec. 21 inclusion, the stock may pull back, if history is any guide, according to Gary Black, a private investor who was chief executive of Aegon Asset Management from mid 2016 through September. Black said the shares may fall about 10% to 20%, a pattern that would be consistent with what happened to Facebook after its entry into the S&P 500 seven years ago.
Tesla’s market capitalization is larger than any other company had at its debut in the S&P 500. Berkshire Hathaway previously held that record. It was worth about $127 billion when it was included in the index in 2010. |
highlander
05:03
02.12.2020
#31407
|
Tesla-aksjen er opp med nesten 600 prosent hittil i år, og overgår Warren Buffetts Berkshire Hathaway med en verdsettelse på 555 milliarder dollar.
Ikke alle er like optimistiske om selskapets fremtid. Bradford Cornell fra Cornell Capital Group, et investeringsselskap med hovedkontor i Sør-California er blant de som har «shortet» aksjen, og ser betydelig nedside fra dagens nivåer på 581 dollar.
– Aksjen har allerede nådd latterlig hastighet, skriver Cornell ifølge MarketWatch.
– Tesla har aldri vært en aksje som er handlet på grunnleggende verdier, men den har blitt så skilt fra den underliggende økonomien at den nå eksisterer i en slags mystisk sone.
Cornell pekte på to hendelser - Teslas inkludering i S&P 500, og aksjesplitten, som drivende faktorer for den eksplosive veksten i år.
– Tesla la på seg rundt 250 milliarder dollar, mer enn den totale markedsverdien til alle bortsett fra en håndfull amerikanske selskaper, etter to kunngjøringer som ikke hadde noe å gjøre med selskapets evne til å lønnsomt produsere, selge og servicebiler, sier han.
Tre scenarier
Investeringsselskapet har analysert tre verdsettelsesscenarier: et nøytralt, et pessimistisk og et optimistisk.
Det nøytrale scenariet gir mulighet for fortsatt rask vekst og bransjeledende driftsmarginer. Hvis det skjer, ser Cornell en aksjekurs på 144,71 dollar, som Cornell sier «representerer et av de største gapene jeg noensinne har sett for et stort børsnotert selskap».
Det optimistiske scenariet forutsetter raskere enn forventet vekst og enestående marginer, ifølge selskapet. I det tilfellet setter Cornell kursmål på 300 dollar.
I det pessimistiske scenariet ser selskapet en nedside på mer enn 500 dollar, og setter kursmålet på 72,71 dollar.
– Kort sagt antyder analysen at Tesla ikke bare er overvurdert, den er av hengslene, sier Cornell. (MarketWatch, FA) |
OldNick
21:50
02.12.2020
#24525
|
Elon prøver å sikre nedsiden.
Musk to Tesla employees: ‘Our stock will immediately get crushed like a souffle under a sledgehammer!’ if we don’t control costs
Lora Kolodny, @LORAKOLODNY, CNBC.com
Dec. 01, 2020
KEY POINTS
- Tesla CEO Elon Musk sent an email to employees Tuesday warning they will have to control costs in order to maintain the company’s streak of narrow quarterly profits.
- “Investors are giving us a lot of credit for future profitability but if, at any point, they conclude that’s not going to happen, our stock will immediately get crushed like a souffle under a sledgehammer!” Musk wrote in the email, which was obtained by CNBC.
- Tesla shares continue to trade at all-time highs, and the stock will join the S&P 500 later this month.
Tesla CEO Elon Musk sent an e-mail to employees on Tuesday warning them that they need to control their spending in order to continue squeaking out quarterly profits, even though shares of Tesla are trading at all-time highs ahead of the company’s inclusion in the S&P 500.
This year, among other things, Tesla began spending to build a new factory near Austin, Texas, and another near Berlin. The company also embarked on a makeover of its paint facilities, which are part of its U.S. vehicle assembly plant in Fremont, California.
“Investors are giving us a lot of credit for future profitability but if, at any point, they conclude that’s not going to happen, our stock will immediately get crushed like a souffle under a sledgehammer!” Musk wrote in the email, which was obtained by CNBC.
Electric vehicle news site Electrek previously reported the contents of Musk’s email.
In early 2020, amid sluggish auto sales the world over, Tesla cut some employees’ pay temporarily, slashed contracts with temporary workers and fired an undisclosed number of workers after an annual performance review process. It has since rehired contractors and restored employee pay.
The Tuesday e-mail echoes previous statements by Musk but does not specify how Tesla plans to mind its budget.
On the company’s third-quarter earnings call, Musk told analysts and shareholders, “We’re trying to spend money at the fastest rate that we can possibly spend it and not waste it.”
But on that same call, Tesla CFO Zachary Kirkhorn said Tesla plans to ramp up its capital expenditures by $2 billion versus its prior stated plans to $2.5 billion in 2021 and 2022. Among other things, he said, the increased spending would enable Tesla to “in-source” things like some of its battery cell manufacturing.
Tesla raised $5 billion in September through an equity raise but needs to pay down about $1 billion in this, its fourth, quarter related to converts.
Shares of Tesla were trading above $580 ahead of the market’s close on Tuesday.
______
Here’s the full e-mail from Musk shared with employees, as transcribed by CNBC:
From: Elon Musk
To: Everybody
Subj. Costs are extremely important!
Date: Dec. 1, 2020
At a time like this, when our stock is reaching new heights, it may seem as though spending carefully is not as important. This is definitely not true!
When looking at our actual profitability, it is very low around 1% for the past year. Investors are giving us a lot of credit for future profitability but if, at any point, they conclude that’s not going to happen, our stock will immediately get crushed like a souffle under a sledgehammer!
Much more important, in order to make our cars affordable, we have to get smarter about how we spend money. This is a tough Game of Pennies, requiring thousands of good ideas to improve part cost, a factory process, or simplify the design while increasing quality and capabilities. A great idea would be one that saves $5, but the vast majority are $0.50 here or $0.20 there.
In order to make the electric revolution happen, we must make electric cars, stationary batteries and solar affordable to all.
Thanks and great working with you as always,
Elon
___
Tesla CEO says electric cars will double global electricity demand
Edward Taylor, Reuters
Dec. 01, 2020
Frankfurt - Tesla Chief Executive Elon Musk said on Tuesday that electricity consumption will double if the world's car fleets are electrified, increasing the need to expand nuclear, solar, geothermal and wind energy generating sources.
Increasing the availability of sustainable energy is a major challenge as cars move from combustion engines to battery-driven electric motors, a shift which will take two decades, Musk said in a talk hosted by Berlin-based publisher Axel Springer.
"It will take another 20 years for cars to be fully electric. It is like with phones, you cannot replace them all at once," Musk said in a talk streamed on the Bild.de web site, adding that around 5% of vehicles are replaced every year.
Once electric cars become the norm, electricity from intermittent generating energy sources such as wind and solar will need to be stored, probably through battery technology, he said.
"Together with large battery packs, both things need to be combined, wind power with battery packs and solar energy," Musk said.
Tesla is embarking on plans to build its fourth gigafactory in Europe's largest economy.
"The best wind turbines are made in Germany," he said.
"I always have a good time when I am here. I like the engineering culture. People want to get things done."
Tesla has recently acquired a licence to trade electricity across western Europe, and the company has also been surveying customers in Germany about potentially using Tesla electricity in their cars.
Endret 21:51 02.12.2020 av OldNick |
OldNick
15:48
03.12.2020
#24531
|
Helt meningsløse prismål på TESLA for tiden.
Goldman Sachs Says Tesla Stock Is Worth Another 30%, at $780
Al Root, Barrons.com
Dec. 03, 2020
Here's a bold call. Goldman Sachs analyst Mark Delaney took his price target on Tesla shares to $780 from $455, a 71% increase that leaves the call abut 30% above where the stock was trading in the premarket session.
The $780 target price is the new high-water mark on Wall Street. It values the electric-vehicle pioneer at about $740 billion, approaching the $810 billion valuation of Facebook (ticker: FB).
Delaney also changed his rating, as investors might expect, to Buy from Hold. The reasons for his more bullish view seem to be, frankly, everything.
Delaney sees electric vehicles' share of new-car sales around the globe increasing faster than he previously expected. "We are raising our outlook for EV adoption and now expect EVs to comprise 18% of sales globally in 2030 and 29% in 2035," wrote Delaney, saying he believes it is becoming more likely that his estimates are too conservative..
Falling battery costs and a proliferation of models available from many auto makers will help EVs gain ground. That's a positive for all EV makers, including Tesla (TSLA).
Tesla's EVs are also becoming more profitable. Tesla produced a 9.2% operating profit margin in the third quarter, up about 5 %-points year over year. BMW (BMW, Germany), for comparison, produced a 7.3% operating profit margin. Tesla's margin is boosted by selling regulatory credits earned by making more than its fair share of zero-emission vehicles.
Delaney also likes Tesla's vertically integrated strategy. Tesla is building its own battery capacity, in additional to buying batteries from suppliers such as Panasonic (Tokyo:6752, Japan).
He also is now giving the auto maker credit for higher software and ancillary sales. Tesla can sell features, such as full self-driving mode, as software updates. The company is now testing an early version of enhanced self driving.
A lot appears to be going right for Elon Musk's company these days. And analysts are warming up to Tesla stock, despite its high valuation. Now 14 out of 39 analysts rate shares Buy. The average Buy-rating ratio for stocks in the Dow Jones Industrial Average is 58%. Tesla is still below average in that regard, but only six analysts rated the shares Buy three months ago.
Tesla trades for about 11.7 times estimated 2021 sales. That's up from about 2 times estimated next year's sales at the start of the year.
The average analyst price target is up 25% over the past three months and up 507% year to date. The average analyst price target is now about $360 a share. That's still below where the shares trade, but up from about $60 a the start of 2020.
Tesla stock has outpaced the rise in analyst target prices. Shares were up about 580% year to date, as of Wednesday's closing price.
Tesla stock was up about 3% in premarket trading after Goldman's bullish call. Futures on the Dow Jones Industrial Average and S&P 500 futures were essentially flat.
Investors can expect more big stock moves in coming weeks. Tesla is being added to the S&P 500 on Dec. 21. Options markets imply Tesla shares will move about 23%, up or down, over the next few weeks. The comparable calculation for General Motors (GM) stock, for instance, predicts an 10% or 11% swing. |
highlander
00:48
04.12.2020
#31472
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Jim Chanos har vært short i Tesla siden 2016. Nå senker han posisjonen...
Jim Chanos har gjennom flere år vært en guru innenfor shortsalg av aksjer, og er grunnleggeren av Kynikos Associates, et New York-basert selskap som spesialiserer seg på shortsalg.
Milliardæren har hatt en short-posisjon i Tesla-aksjen siden 2016, men reduserer nå posisjonen etter at Tesla skal inn på S&P 500-indeksen 21. desember.
«Selskapet er åpenbart ikke verdsatt som et bilselskap, det er vurdert utifra Elon Musk. Han er grunnen til at folk kjøper aksjen», uttaler Chanos i et intervju med Bloomberg News.
Hedgefondforvalteren sa ikke hvor mye han har redusert posisjonen med.
Tesla-aksjen har hatt en ellevill oppgang så langt i år, og steg nye 4,32 prosent torsdag til 593,38 dollar. Oppgangen har resultert i et tap på 1,33 milliarder dollar for de som har shortet aksjen, ifølge finansielle analytikere fra S3 Partners.
Short-posisjonene i Tesla beløper seg til 27,34 milliarder dollar, som tilsvarer rundt 6,35 prosent av de utstedte aksjene, ifølge S3, melder Reuters.
Chanos har tidligere kommet med krass kritikk av Tesla og i juli uttalte han i et intervju med The Financial Times at «Elon Musk har et personlig håp og en drøm om et bullish-marked».
Han mente også den gangen at «Tesla har en kultur for bedrag og det gjenspeiler seg i regnskapet deres». (Bloomberg, Reuters, FT, FA) |
highlander
05:56
06.12.2020
#31527
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Tesla har en utvikling på børs som mangler sidestykke. Fasit hittil i år er 616 prosents økning, og aksjen står nå i 599,04 dollar. Det er etter en en-til-fem aksjesplitt tidligere i høst.
Dem som mener Tesla-aksjen er overpriset og mangler grunnlag for markedsverdien, er ikke få. Nye tall viser at investorene som har gått short i Tesla – altså veddet på at aksjen skal falle i verdi – hittil i år har gått på astronomiske tap.
Ifølge an analyse av S3 Partners har dem som har shortet Tesla-aksjen hittil i år tapt 35 milliarder dollar, eller 307 milliarder kroner. Satt i perspektiv er det mer enn hele den amerikanske flyindustrien. Til sammen har flyindustrien meldt om tap på 24,2 milliarder dollar, 212 milliarder kroner.
– Jeg husker ingenting som kan sammenlignes med det, sier Ihor Dusaniwsky, adm. direktør i S3 og short-ekspert.
Bare i november har Tesla-shorterne tapt 8,5 milliarder dollar etter at aksjen har steget 46 prosent på samme tid. Det er mer enn alt Tesla selv har tapt i de 11 årene det har drevet. Siden 2008 har selskapet gått med 6,7 milliarder dollar i tap.
Per dags dato er Teslas markedsverdi verdt like mye som Toyota, Volkswagen, Daimler, General Motor, BMW og Honda – til sammen. Likevel utgjør salgene til Tesla bare en brøkdel av salgene til de andre større produsentene. Teslas markedsverdi har overgått hele Oslo Børs for flere måneder siden. (FA)
Musk har imidlertid advart sine ansatte i en internmail om at «aksjen kan knuses som en sufflé under en slegge» denne uken, jf. OldNick #24525. |
highlander
23:30
07.12.2020
#31567
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Den ustanselige oppgangen i Tesla-aksjen fortsatte mandag. Aksjen stengte opp 7,1 prosent til rekordhøye 641,8 dollar.
Dermed har elbilprodusenten en markedsverdi på rundt 600 milliarder dollar. Så langt i år er aksjen opp vanvittige 670 prosent.
Den siste måneden er aksjen opp over 50 prosent. Det har skjedd i forkant av at aksjen 21. desember vil bli en del av S&P 500 indeksen. I forkant av det valgte investeringsbanken Goldman Sachs forrige uke å oppgradere aksjen fra nøytral til kjøp, og økte kursmålet til 780 dollar.
Analytikeren argumenterte for at Tesla ville klare å oppnå en markedsandel på 25-30 prosent i elbilmarkedet, og at det ville bety en årlig produksjon på mellom 15 og 20 millioner biler ved utgangen av neste tiår.
Ifølge Forbes har Tesla-gründer Elon Musk nå en nettoformue på 141,3 milliarder dollar. Det gjør han til den tredje rikeste i verden, bak Bernard Arnault med 144,2 milliarder dollar og Jeff Bezos med 184 milliarder dollar. (Forbes, FA) |
OldNick
07:06
08.12.2020
#24548
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TESLA-prisingen blir mer og mer absurd.
Men, enda ser det ikke ut til at shorting kan startes.
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Rune Hansen
08:26
08.12.2020
#10062
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Galskapen lenge leve. |
highlander
14:17
08.12.2020
#31585
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Tesla har inngått en aksjedistribusjonsavtale for salg av aksjer for opptil fem milliarder dollar, ifølge en melding hos det amerikanske finanstilsynet (SEC).
En avtale er inngått med flere banker og aksjene kommer til å selges til markedspris i et såkalt "at-the-market"-tilbud. Det betyr at prisen vil bli bestemt ved hvert salg. Tesla trenger ikke å selge noen aksjer og kan når som helst avbryte programmet, fremgår det.
Tesla-aksjen faller 2,2 prosent i før handelen. (TDN) |
Stockamateur
13:52
10.12.2020
#13371
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Vel, det blir en slutt på all galskap, også denne. Om det knekker nå, eller om ei uke eller en måned, er ikke greit å spå. Men når Tesla er ned 5% i pretraden, etter å ha falt 7% i går, kan det se ut som det går mot i det minste en alvorlig korreksjon.
Har du handla bear derivater OldNick? Jeg ligger inne med et tap på ca. 10k, men tredoblet beholdningen på 0,20E her om dagen. (Backtrading? Jeg driter i om folk vet om jeg taper eller vinner! Ingen prestisje involvert lenger, blitt for gammal til det.) |
highlander
17:50
10.12.2020
#31677
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Tesla ser ut til å vende opp i dag også... slik den har gjort mange ganger tidligere når aksjen en liten stund har vist svakhet.
Jeg tenker at det er bedre risk/reward ved å shorte Tesla etter at aksjen har blitt en del av S&P 500 den 21. desember og vil ikke finne på å gjøre det tidligere - nettopp fordi aksjen på grunn av sin høye kapitalisering vil veie så tungt at mange fond blir tvunget til å kjøpe veldig mange Tesla-aksjer.
Re. Stockamateur #13371
Jeg bryr meg heller ikke om hvilken uttelling investorer får i form av kroner og øre, men er litt opptatt av money management og tradingstrategier - så når du velger bort stop loss og tar en "when in trouble, then double" (eller tripling eller mangedobling) for å snitte ned, er det ikke da naturlig å realisere posisjonen når man går i pluss eller nærmer seg break even? Du valgte ikke å cashe inn da derivatet steg til over 2 kroner eller hva det var tidligere i høst og du kunne kommet ut i pluss, og valgte heller ikke å gå ut med et minimalt tap tidligere i dag. Og når du på et tidspunkt tok en "vinn eller forsvinn"-posisjon uten stop loss, er da da riktig å satse enda mer penger på en posisjon som beveger seg som en fallende kniv...? |
highlander
18:12
11.12.2020
#31715
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Tesla shares were falling on Friday after analysts at Jefferies downgraded the stock on concern that the company won't be as dominant in the electric-vehicle space as some assume.
Jefferies analysts downgraded the stock to hold from buy while lifting its price target to $650 from $500.
"We don't believe Tesla can dominate autos given industry structure and politics, but multiple challenges to the auto business model (EVs, batteries, software, autonomy, design-to-manufacture and direct selling) ensure a durable competitive edge, with a 'messianic' brand reaching far beyond autos," Jefferies analyst Philippe Houchois said. (TheStreet)
Tesla-aksjen handles i skrivende stund på 608,43 dollar, ned 2.97 prosent. |
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