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Down 61% from its ATH.
1 posted on 04/20/2023 12:25:47 PM PDT by Tell It Right
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To: Tell It Right

I’m sure it’s the rocket implosion and the failing EV sales. He’ll start pulling more moola from Tesla to fund that stuff


2 posted on 04/20/2023 12:31:11 PM PDT by spacejunkie2001
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To: Tell It Right

And your point?


3 posted on 04/20/2023 12:31:16 PM PDT by Codeflier (My voting days are over. Let it burn...give the people what they want good and hard.)
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To: Tell It Right

Hmm, lowering the price on the Model 3 by 20% and blowing up a billion-dollar rocket is bad for your stock price? Who knew?


4 posted on 04/20/2023 12:33:02 PM PDT by Yo-Yo (Is the /Sarc tag really necessary? Pray for President Biden: Psalm 109:8)
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To: Tell It Right

FWIW - from Morningstar

Trading at 180 and they see fair market value at 215

“We reduce our Tesla fair value estimate to $215 per share from $225 to reflect higher near-term margin compression as the company is pursuing a volume-over-unit profit strategy in the near term by cutting prices to spur demand. We reduced our near-term automotive profit margin forecast. Separately, we increased our outlook for the energy generation and storage segment to reflect higher growth as Tesla plans to build a new facility in China. Our narrow moat rating is unchanged as Tesla should still generate excess returns on invested capital even in a lower-price environment.

At current prices, we view Tesla shares as undervalued, with the stock trading more than 20% below our updated fair value estimate. While we reduced our near-term outlook, our long-term view is unchanged. We think Tesla’s plan to reduce costs will drive long-term profit margin expansion. We continue to forecast roughly 5 million deliveries in 2030 with automotive gross profit margins recovering from the low-20% range this year to 29%, which is in line with the margins generated over the past two years.”


5 posted on 04/20/2023 12:35:53 PM PDT by plain talk
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To: Tell It Right

Time to buy?


6 posted on 04/20/2023 12:41:54 PM PDT by dhs12345
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To: Tell It Right
Before EVs make sense, we need to address the gorilla in the room... the lack of infrastructure to charge them. It will require trillions of dollars of upgrades.

Anyone buying an EV at this time is a fool.

9 posted on 04/20/2023 12:46:18 PM PDT by dhs12345
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To: Tell It Right

You can thank .gov for tsla stock going to the moon. EV push and covid stimulus. Precovid tsla was under 30 bucks. Perfect example of the covid cash spending spree from R’s and D’s.


11 posted on 04/20/2023 12:47:36 PM PDT by Theoria
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To: Tell It Right

Learn excerpt


13 posted on 04/20/2023 12:50:11 PM PDT by subterfuge (I'm a pure-blood!)
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To: Tell It Right

You happy?


18 posted on 04/20/2023 1:16:17 PM PDT by McGruff (Don't underestimate Joe's ability to f*** things up - Barack Obama)
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To: Tell It Right

Tesla stock is on sale? Time to buy!


27 posted on 04/20/2023 2:42:55 PM PDT by sketchboy (America has lost her way)
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To: Tell It Right

China out selling them?.

Joey turns light out


34 posted on 04/20/2023 3:42:29 PM PDT by Vaduz (....)
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To: Tell It Right

I think we will test bottom again in a few months but it’s all up after the next quarter’s results.


35 posted on 04/20/2023 4:19:01 PM PDT by BereanBrain
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To: Tell It Right

42 posts and the oversized electric golf cart fanbois have not shown up to straighten y’all out?


43 posted on 04/21/2023 8:41:11 AM PDT by doorgunner69 (Let's go Brandon)
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To: Tell It Right

I think there is still a little downside for TSLA stock, but long term it’s great investment.


51 posted on 04/24/2023 7:24:07 PM PDT by BereanBrain
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