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Tesla is undervalued at $1200.
- “They can’t make a profit/They’re hemorrhaging money.”
- “Other car companies are going to make electric cars and eat their lunch.”
- “What are you, fucking stupid?”
- Tesla has more or less consistently maintained a decent gross margin, usually higher than most other automotive companies. They’ve mostly been in the position where they could be consistently profitable if they only focused on existing products. They’ve seen a huge expansion in the last few years, outfitting and growing the Fremont factory, Nevada’s factory, Buffalo, and Shanghai, as well as dozens of other small operations around those areas. Germany is coming up, Austin soon, ramping up design, manufacturing, and business employees for new products in automotive, solar, stationary storage… all that and a consistently increasing revenue, and still people say “ThEy LoSt $0.20 PeR ShArE ThEy’Re HeMoRrHaGiNg MoNeY”
- Electric cars are better. More power, way fewer moving parts, lower total cost of ownership, and there are also mandates by many countries to go all EV. You say that GM and Toyota will start making electric cars and take their share? Car companies are bureaucratic design-by-committee dinosaurs afraid of anything but incremental change. They will forever be one step behind with a worse car that nobody is excited about. People who own Tesla cars love them, and people who don’t own them want one. Ain’t nobody excited about the next Corolla. Ain’t nobody give a fuck what loaf Fiat is pinching off next year. Fifteen years from now Tesla will absolutely be worth what Toyota is worth, and probably also a couple other auto companies that won’t make it. $285B
- Self driving is coming. Probably not tomorrow, but within the timeframe of investment consideration. Self driving is a data problem, and Tesla has fuckloads more data than anyone else. More than they know what to do with. If a car can safely drive itself, the car manufacturer isn’t going to sell those cars to Uber. They’re going to start their own app and slide the entire market cap of ride sharing companies into their own. $100B
- In a few months, it’s speculated that Tesla will announce its million-mile battery. This is important for a couple of reasons. It will help them take over the trucking industry with a far cheaper per-mile product ($40B). It also allows the cars to be used for stationary storage. You don’t need a 400 mile range every day. You almost never need it. Plug in your car at night and charge it up with cheap electricity. Drive to work and plug it in and set your car to sell back some energy at peak hours. This is what some people are speculating battery day will be about. You need what, 15 miles of range to get home? Sell the rest, make some money. Tesla will take something like 30% just like Apple does when you sell an app. Their $40,000 car now has a total cost of ownership less than a $20,000 gas car. You gonna buy a Tesla or a Kia Forte? If this happens, Tesla sells fuckloads more cars, and makes fuckloads more money as an energy selling middle man. 100B
- Short shorts. 0.005B
- Stationary storage and solar. Nobody making batteries like Tesla making batteries, and their solar is getting cheaper and growing rapidly. I’m tired of typing, you're tired of reading. $75B
But what about Ghislaine Maxwell? And what happens when NIO steals all their secrets? What about Elon’s obviously deteriorating health and the fact that his brother is 2/3rds lizard person? If those things are worrying you, literally reevaluate your entire life.
“You make a compelling argument BonerballsDickfart, but they haven’t actually done any of that yet.” Yeah, no fucking shit, investing isn’t about what’s done, it’s about what’s going to be done. For years, the question was whether or not Tesla could survive and deliver. They just made it through a global pandemic better than any other car company. Investors are realizing all this shit is coming, and that’s why the stock is shooting up. Am I wrong? Possibly. I did just write 800 words to a subreddit that can’t be bothered to read the bottom of a Snapple bottle cap. I also probably overdid the addy this morning and I haven’t taken a shit in two days. It’s also possible that Elon goes full Howard Hughes, starts pissing in milk jars, names his kid something nonsensical and endorses Kanye West for president.
But what are the odds of that?
TL;DR Eat several bags of dicks.
TSLA Oct20 Calls, scroll through the strike prices until you find a dollar amount you can afford to lose.
Normally i use Brother's PE Design Next which is ok but nothing great. Downloaded the trial for hatch and i like it but I'm stumped on if it can do a variable thread direction for border / outline stitches. That way the border is the same thickness and the stitch direction matches the angle.
I assume there has to be a way, this program is loaded up on so many things i cant imagine this would be left out.