Indeed, interesting times ahead for TSLA.
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Indeed, interesting times ahead for TSLA.
The more we see of the real Musk the less credible he appears. In retrospect I cant help but put his success to date down to good luck and a grand imagination. He may have to pull a rabbit or 2 out of his hat to turn his fortune around from here. He and bitcoin/ doge etc deserve everything coming to them.
I think tesla will do just fine, they are ramping up aggressively and the results will start to be seen next year, good things take time. Supply issues with chips could slow their progress temporarily but its a short term problem. I think the fact crypto crude wants a tesla cyber truck says it all, the younger one I know all want a tesla, they are like an iPhone on wheels
Ironically Tesla will have to write off over $100 million this quarter due to the speculation on bitcoin. Hopefully Elon is now dabbling with something productive like fixing solar. It will be an interesting quarter with prices, costs and demand all up.
I'll have to correct you on your points
- Tesla had revenue of 10.39 billion and 4.22 net profit margin in March.
_Selling Cyber trucks will increase this profit margin
-They are and are planning to go full self driving with there most updated beta due for release soon, this is a threat to taxi companies worldwide.
-Tesla is selling carbon credits because they will always have businesses that need them.
-Btc is just a store of value for their oversupply of devaluing cash and preference over company bonds
-Many people can't afford a ford ranger but you will be able to purchase the base model of Cyber truck at the same cost as a new For ranger.
-What Elon tweets should have no impact on your decision to buy,invest in crypto I think governments have more say we're crypto is going.
I was happy with over 200,000 deliveries and 206,000 made past quarter this should be great for financials.I wouldn't be surprised with a 10% share price increase over the next few weeks.
You are right Crypto, it has been a financial nightmare for the shorters.