#Tesla Motors’ (TSLA)
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Tesla Owns the US Auto Industry
It is official. Elon Musk now owns the US auto industry. To explain, the two largest US based automakers, Ford (F) and General Motors (GM) will put Tesla’s charging connectors on their electric vehicles. Hence, Ford and GM electric vehicle owners can use Tesla’s superchargers, the Associated Press reports. To explain, Ford (F) electrics will come with a North American Charging Standard (NACS)…
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#Is Tesla the Future of Electricity?#Solar is Cheaper than Coal#Tesla is an Energy Company#Tesla is in the Electricity Business#Tesla Motors (NASDAQ: TSLA)#Tesla Owns the US Auto Industry#Tesla vs. General Motors (GM)#Tesla Wins the Charging Wars#Who has more cash Ford or Tesla?
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Tesla's Investor Event Is Coming. What Can Move the Stock.
Tesla needs a lower-priced car. And the sooner the better. The electric-vehicle pioneer’s 2023 investor event is coming up on March 1. It’s a chance for investors to hear from CEO Elon Musk about the company’s strategy and future. This year, as EV competition ramps up, one issue looms larger than others. Source link
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#Alternative Fuel Vehicles#Automotive#Autos#COMP#corporate#Corporate/Industrial News#industrial news#Markets#Motor Vehicles#NASDAQ Composite Index#north america#S&P 500 Index#SPX#synd#Tesla#TSLA
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Why Lucid Deserves a $250+ Valuation if Tesla Trades at $400+
Tesla (TSLA) has long been the golden child of the electric vehicle (EV) revolution, commanding significant market share and investor enthusiasm. However, with Lucid Group (LCID) emerging as a major contender, it’s worth re-evaluating market valuations. If TSLA is justified at $400 or more, LCID should be trading at $250 or higher. Here’s why.
Lucid Air vs. Tesla Model S: A Superiority in Luxury and Performance
The Lucid Air Grand Touring and the Tesla Model S are both flagship sedans designed to redefine luxury EVs. However, the Lucid Air pulls ahead in several key areas:
1. Range: The Lucid Air Grand Touring boasts an EPA-estimated range of up to 516 miles, compared to the Tesla Model S’s 405 miles. This distinction establishes Lucid’s dominance in efficiency and battery technology, making it a leader in addressing range anxiety—a top concern for EV buyers.
2. Charging Speeds: Lucid’s 900-volt architecture enables ultra-fast charging, delivering up to 300 miles of range in just 20 minutes. While Tesla’s Supercharger network is extensive, its charging speeds max out below Lucid’s capabilities.
3. Interior and Luxury: The Lucid Air outshines the Tesla Model S with a meticulously designed interior featuring premium materials, a spacious cabin, and advanced features like the Glass Canopy. Tesla’s minimalist design feels dated in comparison, particularly as consumers demand more refinement in the luxury EV segment.
4. Performance: The Lucid Air Grand Touring’s dual-motor configuration delivers up to 1,050 horsepower, rivaling Tesla’s Model S Plaid. While Tesla’s Plaid edition is slightly faster in 0-60 mph times, Lucid prioritizes a balance of luxury, power, and efficiency.
5. Fresh Design vs. Stagnation: Tesla’s designs, particularly the Model S, have remained largely unchanged for years, leading to a sense of stagnation in their aesthetics. In contrast, Lucid’s vehicles bring a fresh, innovative look to the EV market. The Lucid Air’s sleek, modern lines and sophisticated design language resonate with consumers seeking a cutting-edge luxury vehicle.
Lucid Gravity vs. Tesla Model X: The Future of EV SUVs
Lucid’s upcoming Gravity SUV is poised to disrupt the luxury EV SUV market, challenging the Tesla Model X head-on. Based on initial specifications and Lucid’s reputation for innovation, the Gravity is expected to outperform Tesla’s flagship SUV in several areas:
1. Space and Practicality: Lucid promises a more spacious interior with innovative seating configurations, making the Gravity more family-friendly and versatile than the Tesla Model X.
2. Range Leadership: Leveraging Lucid’s battery technology, the Gravity is likely to set new benchmarks for range in the SUV category, surpassing the Model X’s 348-mile EPA rating.
3. Design Excellence: While the Tesla Model X has become ubiquitous, the Gravity’s sleek design and futuristic aesthetics are likely to resonate with buyers seeking something fresh and exclusive.
4. Build Quality: Lucid’s commitment to craftsmanship ensures that the Gravity will outclass the Model X in material quality and attention to detail—areas where Tesla has faced criticism.
How a $250 Valuation Fuels Lucid’s Growth
Achieving a $250 valuation would not only validate Lucid’s current success but also provide the financial momentum needed to accelerate the development of new models. With increased capital, Lucid could explore innovative designs such as a Lucid Air Coupe or Convertible, further diversifying its product portfolio and appealing to new segments of luxury EV buyers.
Moreover, Lucid’s engineering excellence positions its vehicles as ideal candidates for specialized applications, such as police pursuit vehicles. The Lucid Air’s 516-mile range per charge could significantly reduce fuel costs for law enforcement agencies while ensuring extended operational readiness. This dual benefit of cost efficiency and sustainability highlights the practical applications of Lucid’s advanced technology.
Relativity to $1M Art Purchases: Sensible vs. Speculative
Consider the individual who paid over $1 million for a banana taped to a piece of drywall—an artwork that sparked global debate about value perception. When compared to such speculative purchases, investing in Lucid at $250 per share appears rooted in tangible innovation and growth potential. Lucid offers real-world technological advancements and a strong market position, making its valuation a much more sensible proposition for those seeking long-term returns.
Why LCID Deserves a $250+ Valuation
If Tesla can sustain a $400+ valuation based on its technological innovation and market dominance, Lucid’s superior products and growth potential justify a significant re-rating. Here are the key factors supporting a $250+ valuation for LCID:
Technological Leadership: Lucid’s advancements in range, charging, and energy efficiency are unmatched, even by Tesla. These innovations position Lucid as the premium choice in the EV market.
Luxury Market Focus: By targeting the high-end luxury segment, Lucid commands higher margins and appeals to discerning customers willing to pay a premium for quality and performance.
Expanding Product Portfolio: With the Lucid Air gaining momentum and the Gravity SUV set to launch, Lucid is building a diversified lineup to capture more market share.
Market Sentiment Shift: As the EV market matures, investors are looking beyond Tesla for opportunities. Lucid’s focus on excellence and innovation makes it a compelling alternative.
Conclusion
Lucid is not just an EV company; it’s a technology and luxury leader redefining the future of mobility. If Tesla can justify its lofty valuation, Lucid’s superior products and market strategy warrant a stock price of $250 or more. For investors, this represents a tremendous opportunity to capitalize on the next big name in electric vehicles.
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Are These 3 Auto Stocks Set for 2024 Success
Are These 3 Auto Stocks Set for 2024 Success https://www.entrepreneur.com/finance/are-these-3-auto-stocks-set-for-2024-success/467943 The auto industry is thriving, driven by pent-up demand for new cars, rapid EV adoption, and several technological advancements. So, let’s determine if auto stocks Tesla (TSLA), Ford Motor (F),... via Entrepreneur: Latest Articles https://www.entrepreneur.com/latest January 05, 2024 at 03:51AM
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Cathie Wood Talks Tesla, Bitcoin ETF, and IPOs in Recent Interview
After reducing its holdings of Tesla (TSLA) shares, Ark Invest has begun to add to its position once again. Ark Invest CEO Cathie Wood believes that Tesla is well-positioned to gain more market share, especially after hearing about General Motors (GM) and Ford (F) delaying their electric vehicle (EV) investments. Wood finds the automakers' decisions "puzzling". She is not concerned about Elon Musk's declining ad revenue on his X platform, as she believes that traffic will ultimately lead to advertising opportunities. She also trusts Musk's reasons for buying "X" and believes it will be successful.🚀📈
Ark Invest has applied for a spot bitcoin ETF, and Wood is hopeful that they will receive approval. She describes the SEC's engagement with Ark Invest and other applicants as a positive move, with thoughtful and detailed questions being asked. According to Wood, the outlook for a spot bitcoin ETF is bright, and she expects approval to come in January. She acknowledges the likelihood of a sell-off in bitcoin prices if the ETF is approved, but believes that institutional investors will be able to invest more in the crypto space in the long run. This is expected to help support and stabilize bitcoin's price.💰🤝
As interest rates are anticipated to peak, Wood states that Ark Invest is diversifying its flagship Ark Innovation ETF once again. They are adding back some previously sold stocks and are eagerly waiting for the IPO window to open. Wood predicts that more companies will go public, and Ark Invest is eager to be investors in these IPOs. She specifically mentions companies such as SpaceX, Anthropic, Databricks, and Discord as companies she would like to see hit the public market.⭐🔥
To read the original article, click here.
#Tesla #CathieWood #Bitcoin #IPO
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Tesla is known to be a clean energy company. It is generally known for the production of electric vehicles, stationary battery energy storage, and other solar energy-related products. It is also known to be one of the most valuable companies in the world. The company was incorporated in July 2003 by Martin Eberhard and Marc Tarpenning. The company was named as Tesla Motors. The current CEO of the company is one of the most popular billionaires “Elon Musk”. The beta of the company is 1.98. It indicates that the stock moves relatively more than the whole market. The average volume of the company is 116.453 Million following a float of 2.76B shares in the market available for trading. Tesla Inc. does not offer any dividends to its shareholders. Tesla has an ROE of 26.55%, which indicates a good return. The company’s return on asset ratio is also 13.46%, following a huge PE ratio of 71. This again indicates how optimistic buyers are about buying Tesla shares. The current P/B value of the company is 15.28. Tesla Inc. Stock Performance Analysis The best factor of the Tesla share is, that its revenue has been consistently advancing year-on-year. The company’s revenue is following an ascending pattern, resulting in $81.46B in the year 2022. The company made a net income of 15.45% out of the total revenue. The debt for the company has also declined by more than $3 Billion. The following financial data indicates the company to be in a very strong position. Price Targets for TSLA Stock Source: Tradingview The analysts are neutral on the stock aiming for an equal advance and equal drawdown in the stock. Currently, the TSLA share price is trading nearly 5% below its average price and the maximum target is 62.35% above the current market price. The lowest drawdown expected is 65%. TSLA Stock Technical Analysis Source : TSLA: 1D: NYSE The TSLA share price is trading in an uptrend following a higher-high pattern. This advance in price has also followed a rising wedge pattern and the TSLA share is currently trading inside the same. The share has hit the lower band of the wedge and can advance to higher levels as it is making a bullish candlestick. The Tesla share price is trading inside the 50-day and the 200-day EMA. This price behavior can lead to volatility in share prices. Therefore, we must wait for the stock to break above the 50-day EMA and continue the advance in price. The RSI for the share is currently following a bearish wave, advancing from the oversold zones. The RSI value has again declined below the 50 level. The drawdown has also followed a cross below the 14-day SMA. Conclusion Tesla company’s share is trading inside a rising wedge pattern. The share is making bullish candlesticks. The finances of the company are also reliable. It indicates strength and growth potential in the stock. The EMAs are following a golden cross and the RSI is bearish on the share. Therefore, if the share breaks below the wedge pattern, it can result in a huge decline. Otherwise, the share may continue to advance to higher levels. Technical Levels Support levels for the TSLA share are – $165.00 and $212.00 Resistance levels for the TSLA share are – $298.00 and $363.00 The information provided in this article, including the views and opinions expressed by the author or any individuals mentioned, is intended for informational purposes only. It is important to note that the article does not provide financial or investment advice. Investing or trading in cryptocurrency assets carries inherent risks and can result in financial loss.
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"Tesla Stock Triumphs: Soaring to $260.02 Per Share"
As of 14:10 PST on July 24, 2023, Tesla stock (TSLA) is trading at $260.02 per share. The stock is down 1.10% today, and is down 30.6% year-to-date. The market capitalization of Tesla is $824.13 billion.
Tesla stock Tesla stock depends on the Tesla's stock financial performance Here are some of the factors that may be affecting Tesla stock today: - The broader stock market is down today, as investors are concerned about rising interest rates and inflation. - Tesla's production has been hampered by chip shortages and supply chain disruptions. - Tesla is facing increased competition from other electric vehicle manufacturers, such as Ford and General Motors. It is important to note that the stock market is volatile, and Tesla stock is a volatile stock. The stock price can go up or down significantly in a short period of time. Investors should carefully consider their own investment goals, risk tolerance, and investment horizon before making a decision to invest in Tesla stock.
Tesla stock depends on the
- Competition: Tesla is not the only company in the electric vehicle market. Other major players include Volkswagen, General Motors, and Ford. These companies are all investing heavily in EVs, and they could pose a challenge to Tesla's dominance. - Supply chain issues: Tesla has been facing supply chain issues in recent months. These issues have affected the company's production and deliveries. If these issues persist, they could hurt Tesla's financial performance. - Regulation: Tesla is facing increased regulatory scrutiny in some countries. For example, the European Union is considering new rules that would require all new cars to be equipped with advanced driver-assistance systems. These new rules could impact Tesla's business. Overall, Tesla stock is a risky investment. However, the company has the potential to be a major player in the global automotive industry. If Tesla can execute on its plans and overcome the challenges it faces, the stock could deliver significant returns in the long term. Here are some other factors that could affect Tesla stock in the future: - The development of new battery technology. - The growth of the global electric vehicle market. - The adoption of self-driving technology. - The overall political and economic environment. It is important to do your own research before investing in Tesla stock. This includes understanding the company's business model, its financial performance, and its competitive landscape. You should also consider your own investment goals and risk tolerance.
Tesla's stock financial performance
Tesla's financial performance has been strong in recent years. The company has grown its revenue and earnings at a rapid pace. In 2022, Tesla's revenue was $81.46 billion, up 51.35% from 2021. The company's net income was $2.703 billion, up 127.79% from 2021. However, Tesla's profitability has been declining in recent quarters. In the first quarter of 2023, Tesla's net income was $1.016 billion, down 39.5% from the first quarter of 2022. This decline in profitability was due to a number of factors, including increased competition, rising costs, and supply chain disruptions. Despite the recent decline in profitability, Tesla's financial performance is still strong overall. The company is well-positioned for future growth, as the global electric vehicle market is expected to continue to grow in the coming years. Here is a table of Tesla's financial performance over the past few years: YearRevenueNet Income2022$81.46 billion$2.703 billion2021$53.823 billion$1.262 billion2020$31.536 billion$721 million2019$24.576 billion$367 million As you can see, Tesla's revenue and net income have grown significantly in recent years. The company is well-positioned for future growth, as the global electric vehicle market is expected to continue to grow in the coming years. However, it is important to note that Tesla is a risky investment. The company is facing increasing competition from other electric vehicle makers, and it is also subject to regulatory scrutiny. Investors should carefully consider the risks before investing in Tesla stock. Read the full article
#automotive#autonomousvehicles#batterytechnology#BELGIUM#cleanenergy#cybertruck#electriccarcompany#electriccarmanufacturer#electriccars#electricvehicle#electricvehicleadoption#electricvehiclebatteries#electricvehiclecharging#electricvehicleindustry#electricvehicleinfrastructure#electricvehiclemarket#electricvehiclerevolution#electricvehicletechnology#electricvehicles#ElonMusk#EVs#Gigafactory#greenenergy#Interior#model3#models#modelx#ModelY#renewableenergy#Roadster
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Tesla Cybertruck Production Delayed as Competitors Emerge in EV Pickup Truck Market; General Motors Rolls Out Chevy Blazer EV
Tesla Cybertruck faces production delays amid increasing competition in the EV pickup truck market, while General Motors launches the Chevy Blazer EV When Tesla (TSLA) unveiled its groundbreaking Cybertruck electric pickup prototype in November 2019, it captured the imagination of fans, drawing parallels to iconic vehicles from "Mad Max" and "Blade Runner." Inspired by the James Bond film "The Spy Who Loved Me" and the amphibious Lotus Esprit S1, CEO Elon Musk aimed to revolutionize the automotive industry with this futuristic electric truck. Initial Enthusiasm and Production Challenges: The Cybertruck prototype generated immense excitement, with Tesla receiving a staggering 187,000 pre-orders within five days of its introduction. However, unforeseen hurdles, including the global COVID-19 pandemic, disrupted Tesla's production plans, leading to delays. Initially planned for production in 2021, Cybertruck's timeline had to be revised due to unforeseen circumstances. In July 2022, Musk expressed his optimism about starting Cybertruck production in mid-2023. In January 2023, he provided further updates, mentioning that production would occur "later this year." However, in April, Musk adjusted the timeline again, stating that the electric pickup would be delivered by the end of the third quarter, specifically in late September. During the extended wait for the Cybertruck, Tesla has witnessed the emergence of several competitors in the electric pickup truck market. Prominent rivals include Ford's F-150 Lightning, General Motors' Chevy Silverado, and Rivian's R1T. Other major automakers, such as Stellantis, have also announced plans to introduce their own all-electric pickup trucks in the months following the anticipated release of the Cybertruck.
Expanding Rivalry in the EV SUV Segment
Beyond the electric pickup truck market, Tesla and Ford find themselves engaged in fierce competition within the electric SUV segment. Tesla's Model Y offers various configurations, including the basic all-wheel drive starting at $47,740, the Long Range at $50,490, and the Performance at $54,490. Ford's 2023 Mustang Mach-E Select starts at $42,995, while the Premium version is priced at $46,995. Customers seeking higher-end options can choose the California Route 1 for $56,995 or the GT for $59,995. General Motors aims to make an impact in the SUV/crossover market with its electric version of the iconic Chevy Blazer. Originally introduced in 1969 with an internal combustion engine, the Chevy Blazer EV now targets environmentally conscious consumers. The manufacturing of the 2024 Chevy Blazer EV began on June 26, 2023, at GM's Ramos Arizpe plant in Mexico. The Chevy Blazer EV lineup features four distinct models catering to diverse consumer preferences. The entry-level 1LT starts at $44,995, followed by the 2LT at $47,595. The sporty RS model begins at $51,995, while the high-performance SS variant is priced at $65,995. In addition, General Motors plans to introduce a Police Pursuit Vehicle based on the Chevy Blazer EV platform.
Expectations and Noteworthy Features
GM's Chevy Blazer EV models offer impressive features, including a range of up to 320 miles on a full charge and various front-, rear-, and all-wheel-drive configurations. The vehicles also boast a 17.7-inch diagonal customizable infotainment touchscreen, full LED exterior lighting, and Super Cruise hands-free driving technology. Scott Bell, vice president of Chevrolet, expressed his enthusiasm for the 2024 Blazer EV, stating, "The 2024 Blazer EV sets a new tone for electric SUVs, with options and intuitive technologies that position Chevy as a leader in one of the fastest-growing EV segments." As the highly anticipated Tesla Cybertruck faces production delays, competitors are seizing the opportunity to enter the electric pickup truck market. Tesla's rivals, including Ford, General Motors, and Rivian, have introduced their own electric pickup truck models, intensifying the competition. Meanwhile, in the EV SUV segment, Tesla and Ford continue to vie for market dominance, while General Motors' Chevy Blazer EV makes its debut, offering consumers an eco-friendly SUV option with advanced features and impressive range capabilities. Read the full article
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Tesla Stock Extends Rally On GM Charging Network Deal, Nears 8-Month High
Tesla (TSLA) – Get Free Report shares extended gains Friday, lifting the stock to its highest levels since early October, after cutting a deal that allows General Motors (GM) – Get Free Report to use its network of charging stations. The partnership, which follows a similar deal with Ford Motor Co (F) – Get Free Report last week, means all three U.S. automakers will now use the same network of…
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Tesla Stock Extends Rally On GM Charging Network Deal, Nears 8-Month High
Tesla (TSLA) – Get Free Report shares extended gains Friday, lifting the stock to its highest levels since early October, after cutting a deal that allows General Motors (GM) – Get Free Report to use its network of charging stations. The partnership, which follows a similar deal with Ford Motor Co (F) – Get Free Report last week, means all three U.S. automakers will now use the same network of…
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Tesla Stock Extends Rally On GM Charging Network Deal, Nears 8-Month High
Tesla (TSLA) – Get Free Report shares extended gains Friday, lifting the stock to its highest levels since early October, after cutting a deal that allows General Motors (GM) – Get Free Report to use its network of charging stations. The partnership, which follows a similar deal with Ford Motor Co (F) – Get Free Report last week, means all three U.S. automakers will now use the same network of…
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Will Tesla (TSLA) dominate the Auto Business?
Tesla (TSLA) could dominate the auto business with an old-fashioned business strategy: discounting. To explain, Tesla Motors’ (TSLA) production costs could fall so low. Competitors cannot match them. Hence, Tesla could dominate the market with cheap electric vehicles. Tesla has cut the cost of its vehicles in half in the last five years, Eletrek claims. Elektrek provides no numbers but a new…
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#How Much Cash is Tesla (TSLA) generating?#How Tesla could dominate Fleet Vehicles#How Tesla Threatens all Automakers#Lower Operating Costs#Tesla (NASDAQ: TSLA)#Tesla can Undercut Other Automakers#Tesla Motors’ (TSLA)#Tesla’s Impressive Growth#Will Tesla (TSLA) dominate the Auto Business?
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Tesla Stock Extends Rally On GM Charging Network Deal, Nears 8-Month High
Tesla (TSLA) – Get Free Report shares extended gains Friday, lifting the stock to its highest levels since early October, after cutting a deal that allows General Motors (GM) – Get Free Report to use its network of charging stations. The partnership, which follows a similar deal with Ford Motor Co (F) – Get Free Report last week, means all three U.S. automakers will now use the same network of…
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Tesla Stock Extends Rally On GM Charging Network Deal, Nears 8-Month High
Tesla (TSLA) – Get Free Report shares extended gains Friday, lifting the stock to its highest levels since early October, after cutting a deal that allows General Motors (GM) – Get Free Report to use its network of charging stations. The partnership, which follows a similar deal with Ford Motor Co (F) – Get Free Report last week, means all three U.S. automakers will now use the same network of…
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Tesla Stock Extends Rally On GM Charging Network Deal, Nears 8-Month High
Tesla (TSLA) – Get Free Report shares extended gains Friday, lifting the stock to its highest levels since early October, after cutting a deal that allows General Motors (GM) – Get Free Report to use its network of charging stations. The partnership, which follows a similar deal with Ford Motor Co (F) – Get Free Report last week, means all three U.S. automakers will now use the same network of…
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After Supercharging, Musk Offers to Open up Tesla Self-Driving Tech to Others
Tesla (NYSE: TSLA) CEO Elon Musk has said that he is happy to open up the company’s self-driving technology to other automakers. Last month only Tesla said that starting next year it would open up 12,000 of its Superchargers for Ford vehicles. Musk, who has reclaimed his position as the world’s richest person said Tesla wants to be “as helpful as possible” while responding to General Motors CEO…
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