Research archive for TSLA

Yesterday Bright noted that China is a key growth market for Tesla and other EV players. The surge in Tesla's share in 2020 was arguably kickstarted by the completion of the Shanghai Gigafactory, when the market realised how quickly Tesla would increase production. Rumours are swirling that Tesla is in the process of planning a second Chinese Gigafactory.

On Wednesday night, Tesla reported their 4th quarter and full-year numbers. Tesla is the most actively-traded stock in history, so it always stirs excitement. As long-term holders of Tesla shares, we prefer to look at the trends in the full-year numbers.

The turning point for Tesla, in my opinion, was the construction of the Chinese Gigafactory. The market was caught off guard because in less than a year, Tesla doubled their production capacity, going from one to two factories. It also helped that China was a massive growth market for Tesla.

I've got some bad news. The Tesla Cybertruck webpage no longer mentions 2022 as the year of production for the highly anticipated EV. What's worse is that Tesla gave no reason for the change. This means that sales of the futuristic-looking truck will be delayed further until an announcement is made about its production programme.

Tesla published its fourth-quarter production and deliveries report for 2021. The EV-maker produced more than 305 840 new cars and delivered a total of 308 600 cars in the final quarter of 2021, handily beating analysts' expectations.

Tesla's share price has gone up a lot lately. It's gained 80% in the last six months. In fact, it's up 55% in just the last month!

Wow, Tesla blew past $1 trillion in market value last night. Once the share started gathering momentum, you just knew it was going to happen with style. The car rental company, Hertz, announced that they have ordered 100 000 Tesla's. The resulting share price gains added the equivalent of two Fords to Tesla's market capitalisation. Remember Hertz, they nearly went under but were saved by the Wall Street Bets brigade. All this feels like a movie.

Yesterday Michael mentioned Tesla's new insurance service in his review of their third quarter results. Here in South Africa we are lucky to have very innovative short-term insurers. Their premiums are risk-based, taking account of the way that you drive. In fact, Discovery sold a portion of their stake in a car-tracking technology business to Softbank for nearly a billion Rand in 2019.

Last night Tesla reported their much-anticipated third-quarter numbers. As expected, they beat expectations, but the share price slipped back a little in after-hours trading. The market always has high hopes for Tesla, meaning the expectation is for their numbers to beat expectations, and in this case, the expectation was for them to beat expectations by even more. Does that make sense? Yes.

Byron looked at Tesla's vehicle delivery numbers recently, to see how well the production ramp-up is going. The trend is really impressive, especially if you go back a few years.

There's always a lot of talk about Tesla. At the end of the day, the company just needs to produce a lot of cars to be successful. Over the weekend Tesla reported big delivery numbers for the third quarter of 2021, crushing expectations.

Tesla reported its eighth consecutive quarterly profit last night, cracking through $1 billion in net income. That's 10 times the profit that they made a year ago. Take a look at the CNBC chart below, it really puts their profit transition into perspective.

We often see market capitalisation comparisons between Tesla and other car manufacturers. But is Tesla really just a car company? Sometimes you need reminding that Tesla is far from being just a car company, there is so much more under the hood.

BuyAutoInsurance.com came out with a report titled “10 most popular electric vehicles: 3-year trend (2021 report)”. According to the report, in this three-year study, 568 881 electric cars were sold which accounted for 97% of the US EV market.

Tesla's numbers are always exciting. It used to be all about car production in relation to Elon's often outlandish projections. As the company has matured, the focus is shifting to margin and profit.