36 Burst results for "Tesla"

Fresh update on "tesla" discussed on Bloomberg Businessweek

Bloomberg Businessweek

01:03 min | 5 min ago

Fresh update on "tesla" discussed on Bloomberg Businessweek

"And sore throat, 11 states, including California, Texas, and Virginia are experiencing the highest levels. Fewer Americans are rolling up their sleeves for flu and COVID shots this year. The CDC says only about a third of U.S. adults have received flu shots this season compared to previous years when coverage was close to 50%. Meantime, less than 13% of eligible Americans have received their updated COVID booster shot. The 65 and older population are getting that updated booster at a higher rate than any other age range with about 18 million seniors already vaccinated. President Biden is giving the U.S. men's soccer team some words of encouragement following Saturday's loss to the Netherlands and the knockout stage in Qatar. He took to Twitter to say the country's proud of their accomplishments and wish them a bright future when the World Cup comes to the U.S. in 2026. I'm Kris Karachi. You're listening to Bloomberg businessweek with Carol massar and Bloomberg quick takes Tim Steven from Bloomberg radio. Heading for home on this weekend broadcast and bringing you our deep dive with Kathy wood of arkan vest. We talked with her just before Thanksgiving. At the time, she reaffirmed her forecast for Bitcoin to reach a $1 million per coin by 2030, though she did say the recent crypto crash could slow institutional adoption. Of course, our invest has interests that go well beyond digital assets. One of those is Elon Musk. Kathy wood has already bet big and cashed in on Tesla. Now she's looking to do the same with Twitter, purchasing a private stake in Twitter via arc venture fund back in early November. The question now is whether Musk is the right person for this job too. We owned Twitter for quite a while and we sold it into the rumors that Elon was going to buy it. Because we knew there would be a lot of controversy around that. So it moved into the 60s. I think it got to 70. And we sold there. And have been watching from the satellites. But if you look at that model longer run, it has not delivered. On the promise, and I think opening up the algorithms which we think he will do and taking away the kind of human driven censorship and allowing the transparency of the algorithms that they do put out there, you know, allowing people to question them. I think it's going to be very healthy. If you look at the daily average users, I think the various metrics that you can count daily, they have been going up dramatically. So I know a lot of people who, you know, basically decided to quit Twitter because they didn't like the kind of censorship and so forth that was going on. So I actually like what he's doing. It seems interestingly enough, though, that a lot of brands don't like what he's doing, Kathy. And we've seen some prominent companies pull back or at least pause advertising on the auto companies. Of course. I mean, that makes sense if you don't necessarily want to support the guy who owns Tesla if you're making competitive vehicles to Tesla. But bigger brands that are worried about brand safety. And I'm wondering, you know, it doesn't seem like it's necessarily moving in the direction of increasing revenue from an advertorial perspective right now. I do think that this is not just an advertising vehicle. In fact, this is that probably might diminish quite significantly in terms of its importance longer run. You'll remember that it Elon started his entrepreneurial pursuits with a precursor to PayPal. So he very long time ago had this idea of a digital wallet, a super app like WhatsApp. In mind. And of course, took a big detour into another passion of his. We know he knows a lot about this world. And I think if anyone in the U.S. can do this, I think he can. I think he'll surround himself by the right business leaders. He is not going to do this himself. Many people say, aren't you worried about Tesla? No, we're not because of our work on electric vehicles. They are grabbing a disproportionate share and will continue to do so of a market that we think by 2027 will account for 85 to 95% of all cars sold in the world. So that's on automatic pilot. He's now working on autonomous, which we think is going to work, in fact, I just had the pleasure of writing in a cruise car in San Francisco, an autonomous car. At GM, just wanted to see wanted to check it out. And I have to tell you, I love the ride and I know autonomous is possible because Cruz and Waymo are doing it and we think Tesla is going to do it in a much bigger way. So that's Tesla. But onto Twitter, it really needed to be shaken up. Do you think he can make it be a great business and very profitable? And if so, how? I do think about the amount of data that Twitter has, and it's proprietary data. And think about the combination of that, and artificial intelligence. Remember, he has AI expertise and experts. I know he brought in some of his engineers. And they are going to, I think, surprise and delight, heading for a super app kind of product. And by our estimates and you'll find this in our big ideas, I think it was 2021. The value of each customer in a digital wallet should be in the

Kathy Wood Twitter Tesla President Biden Kris Karachi Carol Massar Tim Steven U.S. Bloomberg Radio FLU Arc Venture Elon Bloomberg Businessweek Elon Musk CDC Qatar Bloomberg
Jon Schweppe: Elon's Victory Over Pro-Chinese Apple

America First with Sebastian Gorka Podcast

01:54 min | 2 d ago

Jon Schweppe: Elon's Victory Over Pro-Chinese Apple

"Talking to John schweppe from American principles project, and we're trying to figure out what the landscape is for our online and tech world coming up. And I guess I'm curious, the idea now that both Apple and Google have been involved in censorship to help the Chinese government oppress their people. I think is an area that Elon exploited to get Tim Cook to back down. You know, I think that was one of those weak spots. He's like, I've got a cards. You know, and it's not like Elon's hands are clean. Tesla's dirty with China ties too. Right. All right, so he's got that, but I think I can picture him sitting across from cooking. Do you really want to go down this path, my brother? Do you want me to point out the stuff I know from the Chinese about what you're doing with them? And I think there's a game to be played now, given the Chinese protests and given our need to build a new American economy and talk about bringing stuff back offshore. Can we pressure companies to do things in America that they're now doing with China and leave China as a marketplace not our primary manufacturing facility? Well, we should do that. Be tremendously popular. And if Biden was smart, he'd make that a part of his agenda. So he won't. So he won't. Because obviously they love China, but you know, this is really important. I mean, again, you hinted at it, but what Apple did. There was this AirDrop feature that was really benefiting the protesters over there, and Apple acted on behalf of the Chinese Communist Party to suppress that and prevent people from using. I mean, that's really the stuff. Right. They should be called before Congress and really have to answer for that. And so I think Congress, are you listening? Yeah, yeah. So I think we need to have an anti China, the Republicans need to have a pretty aggressive anti China policy, but we have to recognize our tech companies are in bed with China. And we have to push against them for that as well. And apple is the worst actor actually on

John Schweppe Elon Chinese Government China Tim Cook Apple Tesla Google Chinese Communist Party Biden America Congress
What's Right With Maryland

The Hugh Hewitt Show: Highly Concentrated

01:07 min | 2 d ago

What's Right With Maryland

"Every single person who spends the night at the house reads about their own state. And then they begin to compare. It's like the best publication you could possibly do. I don't know who the original brain was behind that, but it's beautifully designed. It's very easy. You can download it, but I think people can they order it from Alex so that they get the hard copy. The paperback copy. Yeah, you can order a copy. We'll send you one in the mail, but rich states poor states dot org. It's all there. I was actually my Uber driver recently was really interested to learn about it. He pulled it up on his Tesla touchscreen as we're driving. I'm not sure I like that. By the end of by the time I got dropped off at the airport, he was ready to leave Maryland. Well, a, that's good. In fact, I came in this morning to the hotel and in Alex staffer was going down to the gym. I said, you weren't outside were you? No, no. Because it's freezing. And I said, where are you from? I said, I'm from Marilyn, part of the Alex staff. And I said, well, good, you know how cold it is. Why does anyone live in Maryland, do you think? No one should live there. I moved to this area. I remember. I remember the other side of the river. Other side of the river and it makes all the difference in the world. D.C. should just tilt and empty out everywhere. So

Alex Maryland Marilyn D.C.
Dinesh Reveals the Effects of Musk Derangement Syndrome

The Dinesh D'Souza Podcast

02:03 min | 5 d ago

Dinesh Reveals the Effects of Musk Derangement Syndrome

"Let's turn to mister Elon Musk because he is causing the left to have a freak out. And it's a little bit interesting to think about why. Is it because, well, one thought it occurred to me yesterday and that is that Elon Musk has been really focused. He's freeing speech on the one side, but he goes, I'm really going to crack down on Twitter on pedophiles on pedophiles. And this too has freaked out the left. It's kind of interesting to see. I mean, is it because there's a substantial fraction of pedophiles in the cultural left as Elon Musk kind of nuking a wing of the left that doesn't, you know, they can't openly say, well, we're pedophiles. So what they do is they pretend I'm gonna be, I'm gonna be leaving Twitter on principle. It could be a secret reason for the leftist freak out. Here's Alyssa Milano, who, by the way, used to be a huge Elon Musk fan. I have found it fascinating. You're a couple of Milano tweets. I'm in awe of Elon Musk. And then she goes on to thanks Elon Musk and Tesla. Elon Musk you're amazing. She says that she could have dinner with four people. She picked Jesus Roberto Clemente John Lennon and Elon Musk. And then more recently, here's Alyssa Milano. I gave back my Tesla. I bought the Volkswagen. I love it. Now, what's so weird about this is first of all, she's turned on Musk. Why? Because evidently he's for free speech. That alone is enough to set her off. Number two, she buys, let's call it the Nazi car. Why? Because Vogue, if you want to talk about history, Volkswagen was started under the Nazi regime, it's in fact the word volk is a very fascist term volk means, of course, people and the Nazis who were socialists talked about the people's car, Volkswagen, the wagon of the people. So here's a list of Milana while she doesn't really know about her, but nevertheless, part of she has MDS Musk the arrangements syndrome.

Elon Musk Alyssa Milano Twitter Jesus Roberto Clemente John Le Tesla Volkswagen Because Vogue Volk Milana
Alyssa Milano Trades in Her "White Supremacist" TESLA for a Nazi VW

AJ Benza: Fame is a Bitch

01:29 min | 5 d ago

Alyssa Milano Trades in Her "White Supremacist" TESLA for a Nazi VW

"Alyssa Milano goes on Twitter. Oh, I love this. And she's so happy to tell everybody. I gave back my Tesla. I bought a Volkswagen I love it. I'm not sure advertisers can buy space on Twitter. Publicly traded company products being pushed in alignment with hate and white supremacy doesn't seem be a winning business model, Elon is she the dumbest leftist cult member of all time. This is the girl who wore a crocheted face mask during the pandemic, not realizing that there are holes in there that are as big as the Panama Canal to a germ like COVID. But what she's not understanding or didn't bother to care about is what many of us have known. Volkswagen was literally founded by the Nazis and Adolf Hitler. It originated during the Third Reich in an attempt to create an affordable car for German people. So Volkswagen used both Jewish and non Jewish forced labor. And they also operated for a concentration camps and 8 forced labor camps on its property. But listen, Alyssa Milano loves her Volkswagen, but will not be caught dead in a Tesla.

Volkswagen Alyssa Milano Twitter Tesla Elon Panama Canal Adolf Hitler
Join Coco’s Carnival Now and Win Up To $2,100,000 or a TESLA

Bitcoins In Ireland

00:58 sec | Last week

Join Coco’s Carnival Now and Win Up To $2,100,000 or a TESLA

"2 p.m. Friday November 18th, 2022. Join coco, S carnival now and went up to $2 million 100,000 or a Tesla. The World Cup fever starts to hype up in Qatar. As one of the sporting industries most anticipated major football leagues, fans are excited about the intense competition among the participating teams. This year, the World Cup will have 64 intense matches in different cities in Qatar. The first country in the Middle East to host such an event. The World Cup becomes more intense with the addition of BC game. The Argentine Football Association recognizes the crypto casino platform as its crypto casino sponsor. BC game is set to support the Argentine national team in its upcoming games. Due to this the post join coco's carnival now and went up to 2 million 100,000 or a Tesla first appeared on bitcoins in Ireland.

Qatar Tesla World Cup Argentine Football Association Football Middle East Ireland
 Tesla recalls 300K vehicles over taillight software glitch

AP News Radio

00:30 sec | 2 weeks ago

Tesla recalls 300K vehicles over taillight software glitch

"Tesla has announced a recall on thousands of vehicles because of a taillight malfunction The vehicles involved are 2023 model three sedans and model Y SUVs years 2020 to 2023 The problem is a software glitch that can make the tail lights go off intermittently which raises the risk of a crash The automaker says it's releasing an online software update that will fix the problem Owners should be notified in writing starting in mid January I'm Jackie Quinn

Tesla Jackie Quinn
 GM CEO Barra says electric vehicles to be profitable by 2025

AP News Radio

00:48 sec | 2 weeks ago

GM CEO Barra says electric vehicles to be profitable by 2025

"GM's electric vehicles might be profitable soon General Motors expects its portfolio of electric vehicles to turn a profit in North America by 2025 The profit prediction is on a pre-tax basis that includes capital costs as GM boosts battery and assembly plant capacity to build over 1 million EVs per year GM CEO says the profit figure includes vehicle cells revenue benefits from emissions tax credits and revenue from software and part cells profit margins are expected to be slim in the beginning but are expected to go higher once clean energy tax credits from the federal inflation reduction act are applied The company plans on selling only electric passenger vehicles by the year 2035 GM CEO has pledged to sell more EVs in the U.S. than market leader Tesla by

General Motors North America U.S. Tesla
Elon Musk, Chief Twit, Makes Big Moves at Twitter

The Dinesh D'Souza Podcast

01:20 min | Last month

Elon Musk, Chief Twit, Makes Big Moves at Twitter

"I want to outline some of Elon Musk's steps. He comes into Twitter. First of all, he's labeled himself chief twit, which is kind of amusing. Shows that he has a rye approach to Twitter. And he comes in carrying a sink and he goes, let that sink in. So that to me is a little zany, but nevertheless, he's in the building. He brings with him his Tesla engineers. I think this is really important because part of what Elon is saying is I don't trust the engineer as a Twitter. And I want them to explain the code to my Tesla engineers, they will sort of take it from here, and he locked the Twitter engineers out so that they couldn't alter the code. They couldn't basically fool with the company kind of on their way out the door. A bunch of these engineers will let go and most importantly, the top brass at Twitter were all fired, including para gagar wild, the CEO, and vijaya got a basically, I call it, you know, she's the mem sahib of censorship. She was the one running the so called content moderation. She's the one who played a key role in banning Trump off the platform. She's the one who played a key role in suppressing the Hunter Biden story. This is absolutely a horrible person, a kind of apparatchik would be at home in any kind of Maoist or stalinist or Castro white regime. They look for these kinds of people.

Twitter Tesla Elon Musk Elon Vijaya Hunter Biden Castro
To buy Twitter, Musk has to keep banks, investors on board

AP News Radio

00:50 sec | 2 months ago

To buy Twitter, Musk has to keep banks, investors on board

"If the squabbling ever stops over Elon Musk's renewed bid to buy Twitter experts say he still faces a huge obstacle to closing the $44 billion deal Earlier this week the Tesla founder reversing course saying he'd go through with acquiring the social media company under the same terms they agreed to in April Both sides are now fighting over whether Twitter's lawsuit against mosque should be dropped for the deal to go through mosque has to hold together a group of banks and investors that will help him pay for the purchase Experts say that behind the scenes banks could be scrambling to find buyers for 12.5 billion in debt from the deal and Musk is trying to hold together a group of equity investors that is pitching in billions more the erratic billionaire is on the hook for the rest Julie Walker New York

Elon Musk Twitter Tesla Musk Julie Walker New York
Rep. Chip Roy: Texas Could Make up the Oil Difference

The Dan Bongino Show

01:48 min | 2 months ago

Rep. Chip Roy: Texas Could Make up the Oil Difference

"Saudis decided to do a lot of effing with Biden They decided to not only restrict by 1 million barrels a day their production which is going to raise oil prices here But they decided to double it Do 2 million barrels a day That's astonishing enough But you're from Texas We have the capability in the United States to produce the difference ourselves and he just won't let us do it This has got to be so frustrated Well to say the least I mean to listen to the president use that kind of phrasing right So arrogantly I mean somebody ought to tell hunter that I guess these prostitutes hiring aren't doing their job But look the bottom line is sorry sorry I couldn't help it but the bottom line is just like falling off the chair But look here in Texas right And it's not just Texas It's our country This is purposeful by the Biden administration We know this They want it Our so called transportation secretary Buttigieg are so called secretary of energy They're all out there saying oh just go drive a Tesla Just go plug your car in Oh butterflies and unicorns Oh it's all just going to be fine Meanwhile the real world sets in and we're now empowering our enemies We've empowered Russia Russia would not be in Ukraine and foreign energy policy was where it was two years ago We wouldn't be paying California's bank a $1000 to individuals because they know that they can't afford the very energy problems that they're creating We have 2 million barrels getting taken offline by OPEC we shouldn't care about OPEC Dan We could be producing all of the energy that we need at a large chunk of what the world needs If the Biden administration wasn't purposely preventing it that's what they're doing

Texas Biden Administration Buttigieg Biden Hunter United States Russia Opec Ukraine California
Electric Vehicles Have No Impact on Carbon Emissions

Dennis Prager Podcasts

01:46 min | 2 months ago

Electric Vehicles Have No Impact on Carbon Emissions

"We want to save the planet we want to save the environment and somehow it's been determined that electric vehicles are the way to do it or are going to play some kind of huge role. But as long points out in The Wall Street Journal, this is not a new piece it's from earlier in the month, but I just found it today. It's a total wash. Meaning that electric vehicles have no impact if all cars and trucks were electric, it would essentially have no impact on carbon emissions. It kind of evens out. And the reason is very obvious if you just think about it a little bit. First, electric cars, by the way, I have one. I drive a Tesla and I love it. I love the car. But in Lombard's article, it makes a great opening line to this article. Here's what he says. We constantly hear that electric cars are the future cleaner cheaper and better. But if they're so good, why does California need to ban gasoline powered cars? Why does the world need? Why does the world spend 30 billion a year subsidizing electric ones? So it's, again, a common sense question if electric cars are so good, there's so much better. Consumers really wanted them. What's the issue? The only reason electric cars are a thing is because of government subsidies. If you

The Wall Street Journal Tesla California
Tesla Recalls Nearly 1.1 Million Cars Over Window Pinching Concerns

AP News Radio

00:34 sec | 2 months ago

Tesla Recalls Nearly 1.1 Million Cars Over Window Pinching Concerns

"There is a Tesla recall due to a window issue Tesla is recalling nearly 1.1 million vehicles in the U.S. because the windows can pinch a person's fingers when they roll it up In documents posted by U.S. safety regulators Tesla says that the automatic window reversal system may not react correctly after detecting an obstruction so tester will add an online software update to fix the issue Owners should be notified by mail starting the middle of November There are no known injuries due to the problem which was

Tesla U.S.
Musk Cites Twitter Whistleblower in Seeking to Scrap Deal

AP News Radio

00:41 sec | 3 months ago

Musk Cites Twitter Whistleblower in Seeking to Scrap Deal

"Elon Musk still trying to get out of the deal to buy Twitter now cites information from a whistleblower as a reason The billionaire Tesla owner filed more legal paperwork this time based on information by Twitter's former head of security who says the company misled regulators about its poor cybersecurity defenses and negligence in attempting to root out fake accounts Elon Musk first filed in July to stop the $44 billion deal Twitter fired back saying his latest attempt to back out is invalid and wrongful and that claims by its former head of security who was fired are full of inconsistencies and inaccuracies

Elon Musk Twitter Tesla
 Elon Musk sells $7B in Tesla shares ahead of Twitter fight

AP News Radio

00:40 sec | 4 months ago

Elon Musk sells $7B in Tesla shares ahead of Twitter fight

"Hi Mike Gracia reporting Elon Musk sells $7 billion in Tesla shares ahead of his fight with Twitter Elon Musk has readied for his court battle with Twitter by selling nearly $7 billion worth of shares in Tesla in a series of regulatory filings Musk disclosed he sold about 8 million shares of Tesla incorporated in recent days Musk offered to buy Twitter earlier this year for $44 billion and then tried to back out of the deal He claimed Twitter was infested with more spam bots and fake accounts than the social platform had disclosed Twitter sued to force the deal to conclusion At last week Musk countersued Musk is by far the largest individual shareholder

Elon Musk Tesla Mike Gracia Twitter Musk
The Inflation Reduction Act Will Tax the Poor

The Officer Tatum Show

00:56 sec | 4 months ago

The Inflation Reduction Act Will Tax the Poor

"Elon Musk was worth $250 billion, and he didn't pay taxes why. Because he didn't draw the money. Because his college capital gains tax, if you don't draw the money, you give yourself a little bit of money, even though you're worth, I don't know how much. And God knows how much Tesla is paying for his living. He is not going to pay no real taxes. And then I started finding out from people that I know they got a lot of money they talk about a trust. You put money into the trust, you draw from the trust. I made people put money in a life insurance. I mean, that's all kind of ways that people that got real money, that they divert taxes. So this tax increase due to this quote unquote inflation reduction act is not going to affect wealthy people, they're not going to have a tremendous effect on major corporations. They're going to kill these small businesses and they're going to, they're going to kill the average American person that's the consumer.

Elon Musk Tesla
Musk says Twitter deal could move ahead with 'bot' info

AP News Radio

00:48 sec | 4 months ago

Musk says Twitter deal could move ahead with 'bot' info

"Elon Musk says his Twitter takeover could move ahead with additional spam information Elon Musk says his plan $44 billion takeover of Twitter should move forward if the company can confirm some details about how it measures whether a user accounts are spam bots or real people The billionaire and Tesla CEO has been trying to back out of his April agreement to buy the social media company that led Twitter to sue him last month to complete the acquisition Musk then countersued accusing Twitter of misleading his team about the two sides of its user base and other problems he said amounted to fraud and breach of contract both sides are headed toward an October trial in a Delaware court I'm Shelley Adler

Elon Musk Twitter Tesla Musk Delaware Shelley Adler
 Vivek Ramaswamy on Pete Buttigieg's Upside Down Policies

America First with Sebastian Gorka Podcast

01:40 min | 4 months ago

Vivek Ramaswamy on Pete Buttigieg's Upside Down Policies

"Were you surprised we make this week two days ago, we played the cut from testimony on Capitol Hill, where the secretary of transport, the guy who fakes riding on a bicycle to work, actually said the more pain people suffer as a result of higher gas prices, Pete boot edge edge said the better it is for people with their teslas. Are you surprised that they're that disconnected? I'm not that surprised. I mean, you know, at the end of the day, I knew Pete in college. He was a three years ahead of me. You know, he's a good guy. He's well intentioned. I don't think his understanding of either economics or how to actually implement policy through the administration is necessarily up to snuff with the rest of his academic credentials. But we'll put that to one side. What I actually think we got to focus on is the ways in which a lot of what we're seeing is the intentional product of a policy agenda. In that sense, there's a part of his statement that's actually honest. Now, I have my views on the merits of fossil fuels and their role in a vibrant American society in any vibrant society. But whether or not you agree with my views, I think you at least have to be honest in acknowledging to people that this green energy transition comes at a cost. It comes at higher gas prices. It comes at the cost of subsidies or wind and solar and electric vehicles that increase the cost of capital for oil and gas projects. And I think what we're seeing from the administration right now is they've actually delivered on some of their campaign promises and made promises I disagree with, but campaign promises like the commitment to end oil and gas in the United States. But as they see the consequences of that economically and as they see that possibly costing them politically starting this November, they're starting to say that no, actually, that wasn't part of the agenda they wanted either way.

Pete Boot Capitol Hill Pete United States
Americans filing jobless claims at highest level in 8 months

AP News Radio

00:34 sec | 4 months ago

Americans filing jobless claims at highest level in 8 months

"The number of Americans applying for unemployment benefits last week rose to the highest level in more than 8 months In what could be a sign that the labor market is weakening applications for jobless aid last week rose by 7000 The Labor Department says that pushed the total to 251,000 which is the most since November of last year Although the labor market is still strong there have been some high profile layoffs announced recently by Tesla Netflix carvana Redfin and coinbase I'm Shelley Adler

Labor Department Carvana Redfin Tesla Netflix Shelley Adler
"tesla" Discussed on Tesla Daily: Tesla News & Analysis

Tesla Daily: Tesla News & Analysis

04:12 min | 9 months ago

"tesla" Discussed on Tesla Daily: Tesla News & Analysis

"Leasing throughout the year last year. And remember, Tesla's price increases are going to lag a little bit due to demand backlog and cost increases are going to lag as well too because of supply contracts. That being said, throughout the year last year, Tesla's average selling price increased by about $3500 while the average cost of goods sold decreased by about a $1000. So in Q one last year Tesla was making about $10,000 per vehicle sold by Q four they were making about $15,000 per vehicle sold. That happened in spite of rising materials cost in spite of rising logistics costs that we have talked about that Tesla has talked about, but Tesla's progress has very clearly outpaced those things. So if we look in hindsight, 2021, the price increases were not something that Tesla necessarily had to do, but could do because demand was so strong. So circling back around to today's price increases, I wanted to introduce these average selling price and average cost of goods sold figures to explain why I believe that continues to be the case. For simplicity's sake, let's just pretend these are U.S. only numbers, international, doesn't change the point, but complicates the example. So the average price increase here for the model three in the model Y only over the last two weeks has been $3300 at a minimum $2000 but for the model Y, the minimum was $4000 so those should wash out at least, meaning I think that 3300 is fine to use as an average selling price increase, estimate because of these price changes. That's not even including the SME X, which would provide a benefit. So let's up the average selling price by $3300, and let's look at two scenarios here. The first we're assuming Tesla makes the same amount of gross profit so about $15,000 per car. That would mean the cost of goods sold increased by the same $3300 up to $39,844. So we've got a 6% average selling price increase here, but for Tesla to actually end up making any less money per car, cost of goods sold would have to increase more than 9%. And remember, cost of goods sold isn't just raw materials that's also depreciation from the factory, direct labor costs, not necessarily all supply chain related things. And again, we're comparing against Q four actuals here, and a lot of that inflation was already happening last year. Now maybe we're just not seeing those things hit Tesla's cost of goods sold yet because of supply contracts, but we also weren't seeing the full effect of Tesla's previous price increases hitting yet either. The point is that even in the face of rising prices last year Tesla was able to lower the cost of goods sold..

Tesla U.S.
"tesla" Discussed on Tesla Daily: Tesla News & Analysis

Tesla Daily: Tesla News & Analysis

05:18 min | 11 months ago

"tesla" Discussed on Tesla Daily: Tesla News & Analysis

"I think people need to understand a few of these things, normally we'd go through analyst reaction things like that. No time for that today. I've got my own analysis that we're going to talk about. Because the market really just doesn't seem to understand it. So we're going to try to help as much as we can today with that understanding, probably a fruitless process, but we'll do our best. Anyway, Tesla today after reporting earnings down 11 and a half percent causing an $829 ten cents, I don't want to be flippant. Sometimes I just can't help myself. Probably one of the dumbest reactions I've ever seen. Now, the macro wasn't great today the NASDAQ did close down 1.4% girl stocks pairing a little bit worse, but certainly not the worst day that we've had so far this year. So let's take a look at just a couple of the many reasons why I feel like Tesla is under priced and this reaction is incorrect and feel free to send this over to your friends that remain skeptical of Tesla because we're not going to be talking about FSD or the Tesla bot or anything that lies in Tesla's future. We're just going to be looking at some of the concrete numbers of Tesla's business as it stands today. As we know yesterday Tesla reported gaap earnings per share of 2.5 cents for the fourth quarter, that put them at 4.9 cents for the year, 2021. That happened to be up on ominous, 666% year over year. Now that $4 and 90 cents of gaap earnings that works out perfectly because it gives us an exact comp to Amazon. We can go back and for the year 2016, Amazon also earned gap earnings per share for the year four 90 cents. You can see the earnings chart here from macro trends and I did go and check this against Amazon's annual statement from 2016 and you can see there diluted earnings per share for 2016, 4.9 cents. Now for Amazon at the time, that was really rapid growth..

Tesla Amazon
"tesla" Discussed on Tesla Daily: Tesla News & Analysis

Tesla Daily: Tesla News & Analysis

03:23 min | 11 months ago

"tesla" Discussed on Tesla Daily: Tesla News & Analysis

"Just to make things just a little bit smoother, even when reflecting on a historical level in the future. So I guess my best guess, but who knows on that? Do you have a favorite macro hedge Tesla? I don't say this before, but honestly, that's my answer. And it comes back to this press earnings compression, right? Like, as I've said, yes, this can definitely go lower, but it's just a matter of time, right? Tesla is going to continue growing. They're going to continue generating this operating leverage. There's a lot of things that are not even being reflected in their business yet that eventually will be. So it's just a matter of time before this really can't drop any lower. And that will overwhelm what's going on in the macro. At some point. But you have to be a long-term investor. You can sit for long periods of time. For example, 2013 to 2018, where the market's trying to figure this stuff out. Not that that was as macro related, but sometimes it takes a long time. So you just got to be patient, but yeah, that's my best answer. On that. I certainly am not buying puts on oil or something like that. Not my style. Different texts. I answered that. Thanks for asking though. Scott, thank you. I think I mean behind you. What factors would you consider for demand concerns on vehicle sales? Certainly the macro. If we head into a period of continued inflation and the fed tries to fight that back, fight back against that with raising rates. Obviously, it's not going to be a super great environment, but I don't know. I think the demographic that's buying teslas, they're still going to have disposable income. They're still going to want to drive a Tesla. Demand will be lower, but I don't think it's going to be lower to a degree that is going to do too much other than suppress Tesla's earnings power during that period of time. And this kind of goes back to the whole debate that we've had in the past about like, oh, should Tesla advertised? Should they not advertise? People say no, they shouldn't advertise because they're production constrained. Another point of view would be that, yes, you should advertise and then just raise prices because ultimately you're going to get a stronger margin from making that combination of moves. And then people say, no, Tesla shouldn't do that because it's not aligned with the mission statement. But Tesla's using that capital that they would gain to then build out more capacity, ramp up faster. So I think it's justified, not necessarily, there are more, there's more to that, but the point is that over the last 12 months we've seen Tesla raised prices and that is what they're doing right now. They're capturing stronger gross margins because of huge demand. So if you see demand decline a little bit, then you're Tesla's got flexibility, they can lower prices, but you're just not going to have that period of time where you've got as strong of gross margins potentially. So it's all related, and that's kind of what I'm talking about with the China stuff is that, as Tesla has grown deliveries there, those are obviously happening at a lower average selling price because they have a standard range model Y, North America doesn't. So it's kind of a perfect example of if there were stronger demand in China Tesla wouldn't have to sell the standard range model why they'd have stronger revenues that have higher gross margins..

Tesla Scott fed China North America
"tesla" Discussed on Tesla Daily: Tesla News & Analysis

Tesla Daily: Tesla News & Analysis

02:43 min | 11 months ago

"tesla" Discussed on Tesla Daily: Tesla News & Analysis

"I would have to look at the formula to figure it out exactly what Tesla's PG is right now, but it's not something I used just because their earnings per share growth rate is not super sustainable. Obviously, but as Tesla starts to become bigger and we move further away from that inflection point of not profitable to profitable than I do think it starts to have a little bit more merit. So excuse me. I do think that in a few quarters from now it'll probably start to make a little bit more sense to look at once we start comping off some of these post I guess inflection point type of periods. The second part of that was PG. Okay, I got that. What are your expectations about FST beta user accounts? Well, my expectations is that we won't know them. I don't think Tesla will report them. Previously, I think I talked about this with gallium really recently. Previously, we had known the number was 11,000 from that it's a report. I think it's probably above 20,000 now. Maybe 30,000, but that's just my best guess. Ultimately, not really all that important. I don't think until Tesla decides to take that effort revenue. The deferred revenue is significant. The I think they're sending on like 1.2 billion or something that they expect to recognize. If they recognize that, that can drive again, just like what I was talking about with earnings per share. Tesla could come in and recognize a huge portion of deferred revenue and this could be then 3.5 cents. Tessa could recognize a bunch of different revenue that would drive gaap net income up earnings per share up, but if that's a one time thing, then again, I'd rather have stronger automotive gross margin. That's going to drive better numbers in the future, which is really all that matters for a company like Tesla. What I did want to mention though, now we kind of skipped over the deferred tax allowance. So same sort of boat there as FSD deferred revenue, a little bit different, but there is a couple $1 billion sitting on Tesla's balance sheet that eventually they'll recognize different tax allowance. I have no, I'm not savvy enough to figure out when that's going to happen. I kind of just always put a question mark here because at some point we'll see it. And again, that'll go on a gaap earnings. And I guess that's gaap earnings. It'll spike it up and the price earnings ratio will drop significantly because of that. Analysts are going to factor that out. But it is something worth knowing about as it is going to have at least an influence on perception, as people kind of look at those numbers a little bit differently once those things are recognized. It shouldn't happen all in one quarter, but the majority of it should happen in one quarter. Maybe this quarter, I think Tesla would be wise to kind of save that until they've got more of those ramp up costs.

Tesla Tessa
"tesla" Discussed on Tesla Daily: Tesla News & Analysis

Tesla Daily: Tesla News & Analysis

04:56 min | 11 months ago

"tesla" Discussed on Tesla Daily: Tesla News & Analysis

"I'm still a little bit below consensus on that line, but not a huge factor there. So overall that puts my total sales forecast at just under 17.3 billion, the average analyst consensus right now is 17.2. The median 17.3 though, in fact, set at 17.1. So I'm going to run that ballpark services and others offsetting and then like I said, pretty close on automotive sales. So I'm getting into profitability here. This is, as I always say, this is one of the first things that I'm going to look at when I open the report. Because this will, like I said at the beginning, this is going to have the biggest influence on how Tesla's business looks for 2022. If we get really strong margins, that is a really strong sign of Tesla controlling their costs, which should be able to continue throughout the year. So this is one of the most critical areas of the report. And for here, I am expecting better numbers than what the street expects. So automotive profit, even though our revenue numbers are similar. And I haven't less regulatory credits, which are pure profit. I do still have automotive profit being higher. So I'm about a billion or sorry, a 100 million higher on automotive gross profit than where the streak consensus is, though, I am a little bit below the median. So again, just kind of a little bit of strange discrepancies there. Regulatory credit revenue that's there. Energy profit, we've seen these margins be pretty small, so you can see here the energy margin I'm projecting is 3.8%. That's just continuing to show small recovery from really poor revenue or really poor gross performance. At the tail on the last year in the beginning of this year, this was really driven by the solar roof though, and then Tesla changed the pricing. And we saw a significant recovery, dipped a little bit back and then Q three, so I'm projecting that to kind of start to bounce back again here for Q four with the better energy sales numbers. So for services and others, I have a three $1 million profit in there, which might sound insignificant and it is, but the important thing is that it's not a loss. What I'm forecasting. And this we the first time I think ever if Tesla can hit that, you can see last year Q four, they lost a $143 million in services and others..

Tesla
"tesla" Discussed on Tesla Daily: Tesla News & Analysis

Tesla Daily: Tesla News & Analysis

05:39 min | 11 months ago

"tesla" Discussed on Tesla Daily: Tesla News & Analysis

"Could see, not absolute worst, but in general, I would have a tough time seeing it go below 50 times, because Tesla's growth projections should be at least double this rate of what we're seeing here from Amazon. During this really tough period of time. So if they were at 25 times forward earnings, if you've got double the growth on that, I think 50 times earnings on a forward basis is probably sort of the value that we can see for Tesla. So let's think about where we're coming off of here for Q four this year. I think most people expect Tesla to post gap earnings per share above $2 per share, just for the quarter. That'll annualize to more than $8. So even not even on a forward looking basis, if you kind of come in, you kind of come into that with a hundred pressed earnings ratio like we're seeing here from Amazon, then that would put the stock price at 8 50 ish and to me, that feels like a pretty decent floor for Tesla, but if you go ahead and then say it, okay, 50 times forward earnings and you go out to 2022. I think most people are expecting Tesla to deliver to deliver more than $9 earnings per share this year. On a gaap basis, my expectations are higher, let's just say ten and keep the math simple 50 times that. I think worst case here, you probably end up with Tesla at around $500 per share. And people might recoil when they hear that. I don't think that's going to happen. I'm just saying, okay, worst case, what would that look like? And that would end up being 65% haircut from Tesla's peak, which we maybe have seen once in Tesla's history. I think we've seen a couple of dips below 50%, maybe one below 60% if I remember correctly. So that would kind of track with what's happened historically. Again, I don't expect that. I think there's going to be a lot of support from a fundamental perspective for Tesla to trade around that hundred times forward earnings. So we're getting pretty close into that 809 $100 range. But I do still think it's helpful to just kind of think about that and say, okay, worst case, let's say the NASDAQ drops another 20 or 30%. I think that's what I have a lot of support in that type of an environment at those levels. I just want to also take a look at Apple. I don't remember if I had any specific thoughts on this, but you can also see that apple's price to earnings. They kind of came in to 2008 or around 37. And they ended up shopping all the way down to 9..

Tesla Amazon apple
"tesla" Discussed on Tesla Daily: Tesla News & Analysis

Tesla Daily: Tesla News & Analysis

05:00 min | 11 months ago

"tesla" Discussed on Tesla Daily: Tesla News & Analysis

"I think I want to be excited about with just the run rate that we're seeing here. Obviously, with the 305,000 putting us over 1.2 million Tesla passing a million run rate for the first time on a quarterly basis, they did mention on the Q three call that they were hitting that rate and now we see that that was sustained throughout the quarter and then some by a significant amount. And I think the Shanghai, I think we're seeing over achievement to what I had most recently expected. Obviously, we had a little bit higher numbers in here after October. But then a lot of the speed, I think, in terms of my prediction or my estimate, I think it's coming from Fremont. So again, we'll have to wait till we get those China production numbers reported. But look here at how the model three and the model Y production is coming together because again, we don't know the split here, we kind of always have to estimate unfortunately the three split at Fremont. But regardless, summing these up, if this number is correct or close, that puts model three and model Y combined production at a 115,000 for the quarter versus N Q three. It was only 99,000 a 100,000. So Tesla was able to add 15% production capacity or not add product capacity, but get 15% more utilization out of basically the same amount of equipment most likely. Here in Q four versus Q three. So really seeing model three kind of get back to last year's level is my guess. I think I have model three here a little bit higher just because maybe Tesla has a little bit more battery capacity since the or maybe Tesla building a little bit more model threes since they can build more model threes with the finite number of batteries. I don't know exactly where Tesla has a constrained at this point in time, but that's why I've got model three a little bit, a little bit higher because obviously model Y out of Fremont is obviously using all large battery packs right now with just the long range and performance being offered. Anyway, that's not really either here or there, but if we look at S and X then I wouldn't say it's a disappointing number, it's kind of what I expected. But we're continuing to see S and X be below what Tesla's production capacity is, which they're trying to hit a 100,000 per year and actually even a little bit higher than that. And right now this 13,000, that comes out to about half of that production capability. That Tesla hopes to have. So we're just kind of continuing that slow ramp, but once Tesla gets that back, they should be doing a 115,000, three and Y here, plus the 25,000 Model S and X so we'd be at sorry to just do some math on the spot here. I didn't know some of this down but sometimes it's hard to follow my notes. Anyway, that'd be a 140,000 a year. Once we get S and X to their full capacity, assuming no further increase in model three and Y, so we have 560,000 then from Fremont, which is really close to the stated capacity that they have, which is 500,000 model three and Y and a 100,000 SMX..

Tesla Fremont Shanghai China
"tesla" Discussed on Tesla Daily: Tesla News & Analysis

Tesla Daily: Tesla News & Analysis

03:46 min | 11 months ago

"tesla" Discussed on Tesla Daily: Tesla News & Analysis

"Hey everybody around now we're here and of course today we're going to be talking about Tesla's Q four delivery and production report, which came out this morning. First of all, congratulations to Tesla for an incredible quarter. I think this surpassed pretty much everybody's estimates. We're going to talk a lot about that throughout this episode. Second off, first episode of the new year, so happy new year, everybody. And third, sorry, this is a little bit late today. As I said earlier, unfortunately, I was on a flight today and yeah, it was not a good experience about 14 hours of travel for me today for something that was supposed to be about four. And did it on about three hours of sleep. So that's why this was delayed and bear with me if I make any sleep deprivation errors. But let's get into the numbers here. So as you can see on screen, as I'm sure everyone is heard by.

Tesla
"tesla" Discussed on Tesla Daily: Tesla News & Analysis

Tesla Daily: Tesla News & Analysis

03:06 min | 1 year ago

"tesla" Discussed on Tesla Daily: Tesla News & Analysis

"You <Speech_Male> know one of the underrated <Speech_Male> elements of tesla. <Speech_Male> <Speech_Male> I think is their ability <Speech_Male> to extract <Speech_Male> high <Speech_Male> utilization. <Speech_Male> Whether that's from <Speech_Male> hopefully eventually rebel <Speech_Male> taxis <Speech_Male> or <Speech_Male> inanity side of the business <Speech_Male> with <Speech_Male> With things like auditor <Speech_Male> <Speech_Male> so exciting stuff there <Speech_Male> Next year this <Speech_Male> is just a quick <Speech_Male> Update on a <Speech_Male> patent. So we have actually talked <Speech_Male> about this before. But it's <Speech_Male> been a couple of years <Speech_Male> while <Speech_Male> back in may twenty. <Speech_Male> Nineteen tesla <Speech_Male> filed his patent for <Speech_Male> <Speech_Male> Lasers that <Speech_Male> will potentially clear <Speech_Male> debris off of <Speech_Male> glass so <Speech_Male> <Speech_Male> Off of windshield. <Speech_Male> Or you know maybe <Speech_Male> a camera lens or something <Speech_Male> like that on <Speech_Male> a vehicle <Speech_Male> So they've got this diagram <Speech_Male> here showing how <Speech_Male> that patten would work. <Speech_Male> That patton was approved. <Speech_Male> So <Speech_Male> <Speech_Male> i don't have a ton of comments <Speech_Male> on that. I don't know that that could <Speech_Male> fully replace <Speech_Male> <Speech_Male> An actual <Speech_Male> wiper. <Speech_Male> I'm not sure <Speech_Male> how great it would be <Speech_Male> for water. I think it would be <Speech_Male> more for like a <Speech_Male> you know debris <Speech_Male> that's maybe stuck on there. <Speech_Male> That's not coming off the <Speech_Male> wiper <Speech_Male> <Speech_Male> But <Speech_Male> we'll see if <Speech_Male> <Speech_Male> if that gets implemented <Speech_Male> Kind <Speech_Male> of kind of crazy <Speech_Male> to <Speech_Male> go through and read that <Speech_Male> you know. Readout <Speech_Male> tussle describes <Speech_Male> that laser laser <Speech_Male> system. A <Speech_Male> cool stuff. <Speech_Male> So i wanted to point that out <Speech_Male> <Speech_Male> The other news. I don't <Speech_Male> have a pulled up here but <Speech_Male> looks like <Speech_Male> samsung is <Speech_Male> selected <Speech_Male> I think taylor. <Speech_Male> Texas <Speech_Male> for chip <Speech_Male> fab that they're gonna invest <Speech_Male> seventeen billion dollars <Speech_Male> in so <Speech_Male> <Speech_Male> You know there will be <Speech_Male> that pretty close to <Speech_Male> dessel down there <Speech_Male> in austin <Speech_Male> <Speech_Male> right in less than <Speech_Male> here so just a quick <Speech_Male> update so the biden <Speech_Male> administration today <Speech_Male> released a report <Speech_Male> basically showing <Speech_Male> that they believed that the united <Speech_Male> states can get forty <Speech_Male> percent of 'electricity <Speech_Male> from <Speech_Male> solar energy by <Speech_Male> twenty thirty five. <Speech_Male> I think today <Speech_Male> it's around four percent <Speech_Male> so <Speech_Male> obviously <Speech_Male> hoping for some <Speech_Male> significant growth <Speech_Male> there <Speech_Male> Looks like they <Speech_Male> would want <Speech_Male> to achieve that target <Speech_Male> by installing <Speech_Male> about thirty gigawatt <Speech_Male> hours per year <Speech_Male> <Speech_Male> Up <Speech_Male> until up <Speech_Male> until twenty twenty five <Speech_Male> and then <Speech_Male> doubling <Speech_Male> that from twenty five <Speech_Male> to twenty thirty <Speech_Male> to sixty <Speech_Male> gigawatts. Sorry <Speech_Male> i might have said gigawatt <Speech_Male> hours <Speech_Male> but <Speech_Male> thirty gigawatts per year <Speech_Male> and then doubling that to <Speech_Male> you sixty <Speech_Male> gigawatts from twenty <Speech_Male> twenty five to twenty thirty. <Speech_Male> <Speech_Male> So <Speech_Male> hopefully <Speech_Male> we'll see that <Speech_Male> <Speech_Male> You know. I think we're all <Speech_Male> excited about the potential for <Speech_Male> solar so. <Speech_Male> <Speech_Male> I think the more the <Speech_Male> us has in that direction. <Speech_Male> I think probably the better <Speech_Male> <Speech_Male> But we'll see <Speech_Male> <Speech_Male> all right so with that <Speech_Male> I think we're <Speech_Male> going to wrap it up. Hopefully everything <Speech_Male> went smoothly there <Speech_Male> Let me know <Speech_Male> in the comments today. What you're thinking <Speech_Male> for for q three <Speech_Male> in terms of production <Speech_Male> We can <Speech_Male> kind of have a little <Speech_Male> back and forth on that <Speech_Male> And hopefully <Speech_Male> come to good number by the time <Speech_Male> we get the results <Speech_Male> in <Speech_Male> less than <Speech_Male> i think four weeks now <Speech_Male> he <Speech_Male> threes flying by so <Speech_Male> <Speech_Male> almost in q. Four <Speech_Male> already kinda greasy. But <Speech_Male> that'll do <Speech_Male> for today as always <Speech_Male> thank you for listening <Speech_Male> make sure subscribed and <Speech_Male> signed up for notifications. <Speech_Male> You can also find me <Speech_Music_Male> on. Twitter at tesla <Speech_Music_Male> podcast. <Speech_Male> And i'll see you tomorrow for <Speech_Music_Male> the thursday september <Speech_Music_Male> <Advertisement> ninth episode <Speech_Music_Male> of tesla. <SpeakerChange> Deal <Music> thank

tesla patton samsung taylor austin Texas Twitter
"tesla" Discussed on Tesla Daily: Tesla News & Analysis

Tesla Daily: Tesla News & Analysis

03:22 min | 1 year ago

"tesla" Discussed on Tesla Daily: Tesla News & Analysis

"The you know this is a huge total addressable market. It's basically all of human labor. I've seen some of the criticisms be. Okay this is why you're gonna make a robot and human form factor. You should make it more specialized or get things that humans don't have and things like that and you know tussle certainly going to be open to that as they work on the development here but It needs to be recognized that this is attempting to be a very general purpose solution. All the infrastructure in the world has been built around humans designed for humans you can't make specialized robots for every single individual use case Just not affordable so the point of the vessel about is to be a general purpose thing that you can be flexible like a human. Maybe not as much but in certain circumstances. Have that flexibility to work on a variety of different things and keep those costs low for a general purpose lucien. One thing that strikes me is they is interesting to see tesla kind of leave just cars behind and dive into different sections of various markets. But it also makes me wonder just how feasible this is long term like for example with the solar roof. You know maybe maybe we haven't quite seen tesla's solar hit. It's time yet but it makes you wonder if you're going in robotics. Directions and cars and solar roofs like where. How do these things. All kind of intertwine or maybe. It's a good thing that they don't yeah. I think there's definitely you know definitely diversifies the business for sure. But again i think on the on the tussle bought specifically what tesla sitting there and thinking about is okay. We've got specialization. in batteries. we got specialization and power electronics and motors. and now we're building out specialization. And what you on calls real world. Ai so the ability to perceive the world through a camera based vision system and basically applying that to their cars so you they view the the car as the body the vision system as the brain. And you sit there and you think ok well if we were developing all this technology why are we going to limit that specifically to vehicle like a car when we could also added to another type of vehicle which is just a different form factor Here with the tussle bought. That could be used for a lot of different other things when you think about it that way to actually does seem like a very natural progression Almost seems kind of obvious. In hindsight so i think it totally makes sense But the the point about this whole roof is a great one. We have seen tesla diversify into other projects in the fast in the past that are seemingly a little bit more tangential and They've had a lot of success in the energy storage business and solar. It's been a little bit. You know more of a mediocre performance but still a lot of potential for for the future there and you know personally as tesla investor. I'm not super concerned. With with how the businesses developing at this exact moment but more concerned with how the overall macro trends are going to play out. And i believe that that is definitely heading towards renewable energy electric vehicles. Autonomous vehicles Tesla's doing their best to lead in those categories which are obviously huge addressable markets. Throwing the tussle about in there. You know you've got automotive energy and then labor you can't get bigger just while markets than that so does it doesn't need to be perfectly successful. On every single of these areas..

tesla motors
"tesla" Discussed on Tesla Daily: Tesla News & Analysis

Tesla Daily: Tesla News & Analysis

04:37 min | 1 year ago

"tesla" Discussed on Tesla Daily: Tesla News & Analysis

"Tesla's done a great job of cultivating a lot of really loyal customers a lot of people that are fanatics of the company to be honest and Yeah i think that is definitely an advantage. For tesla tesla doesn't spend any money on advertising More evidence of you know demands being very solid and robust so yeah. I think that's that's something that can sustain for tesla tesla has shown the world but they're taking a very different path from What the auto industry has had for multiple decades in a row now so. I think that's really helped. Cultivate things and then of course he got you on at the top Pushing his means and things like that just doing things a little bit differently than you might see from. A legacy automaker ceo. Well when it comes to kind of carving your own path there are things negative things that come with that. For example tesla autopilot system is being investigated by the government right now which the coverage of this is interesting. Because i'm curious. And i wanna get your take here. A lot of the tesla fan base for example criticizes mainstream media saying that they cover tesla's car crashes when it comes to autopilot mode or self-driving mode more harshly than they do with four g. m. like any other legacy carmaker. Do you agree with that. I do agree with. And i think part of that is just because tesla general gets more attention negative headlines in general. Get more attention. So you've got kind of this combination of factors there. That's creating a strong incentive system for mainstream media to cover tesla and cover them in a negative way. That's just naturally. What's going to drive more clicks than you know. Writing an article without gm super cruiser for blue grew so the other part of it just in terms of like the. The knits investigation. So yes and it says investigating autopilot Not necessarily a bad thing like we have to wait until there's a conclusion to an investigation that could be many months from now It's a preliminary evaluation stage right now at any given time that's as doing about thirty of those So you know. A lot of people have heard about the sessile investigation probably no one could name a single of the other twenty nine investigations that are ongoing right now so I do think there's there's definitely a double standard but their incentive incentive structures in place that kind of drive that double standard. I wouldn't say it's not necessarily entirely on the media. It's also on the people of kind of giving that attention to the media to and driving that Making that.

tesla gm
"tesla" Discussed on Tesla Daily: Tesla News & Analysis

Tesla Daily: Tesla News & Analysis

05:08 min | 1 year ago

"tesla" Discussed on Tesla Daily: Tesla News & Analysis

"Screen Tesla has updated their mobile app. So for those of you that you don't have tusla's or don't have your tesla yet. You can see here just a quick shot of it I personally you know. I actually kinda liked the design a little bit better but it seems like thankfully i am in the minority for that Seems like most of the feedback so far online has been pretty positive assaults. Good to see that it sounds like the main things. It's it seems a lot better for households with do tesla's seems to be able to Flip between those vehicles more quickly. Allow you access to both them without having actually go in the app and change your car So sounds like some good improvements there on a fundamental level Side from just the redesign And sounds like things are just a little bit snappier to you. Which i haven't had much of a much of a chance to play around with yet The other thing that i wanted to talk about just because we've got this app. Update is that's a user here on read. It has done a little bit of digging through the new code for the app which. I've always happens whenever we had something like tessa website update or an update And it looks like there may be some changes to the referral program. Coming based on some of the language that's hidden in the code of apps out says here use my referral link to purchase a tesla product and get free credits. You can redeem for awards like supercharging miles merchandise and accessories and one thing. I don't have on the screen shot here but they will notice any app as that tesla's integrated the shop portion of tussles website. So were they have merchandising accessories. that's now integrated directly into the app Which may be of why they did. This is because they are adjusting the referral program to not just be a thousand miles and free supercharging but some sort of credits here for Things in the shop. So kinda interesting I would imagine that if there are things like that it would be in a way that is still going to save tesla money on their referral program over. Also i wanna get super excited about being very lucrative for referrals Can't see tesla wanting to spend more on referrals. This point with demand being as strong as it is operatives. Looks like maybe some changes coming there. All right next appear so we've just got a little bit of an update on motto plaid You can see the headline here. Pled crashes during the nurburgring testing so aside from the crash. I think the important point here is that The model s. is back at the nurburgring doing testing. Hopefully we'll get to see some latte times reported here pretty soon. I'm not sure there have been any laptops reported yet But you know no surprise for for crash like this when you're trying to push vehicle tooth absolute limits and Sometimes that results in in a little bit of a crash so looks like that did happen. Not sure on the severity. I'm guessing not not super severe Obviously those courses are set up to be as safe as absolute possible despite high speed High speed racing. But it's good to see the the plaid back at the nurburgring..

tesla tessa
"tesla" Discussed on Tesla Daily: Tesla News & Analysis

Tesla Daily: Tesla News & Analysis

02:01 min | 1 year ago

"tesla" Discussed on Tesla Daily: Tesla News & Analysis

"Everybody raum our here and today we're gonna be talking about a couple of really important reports. First tesla's most recent impact report which has a ton of fascinating details and it won't go through the highlights. There that release also coincided with a huge new report on climate change by the will spend some time on that as well and then we've got a few other quick hits of news which will run through at the beginning. Quick look at tesla stock another relatively low volume day to day to start the week off just under fifteen million shares traded but tussles up two point one percent on the day to seven hundred and thirteen dollars. Seventy six cents that compared to the nasdaq up about two tenths of a percent. Cosstalk did see an upgrade today from jeffries and almost philippa who schwa- upgrading from neutral to buy which as we've talked about upgrades like that where they're actually rewriting. The stock those are more significant to analysts than press targeted adjustments. But that being said he did increase his price. Target from seven hundred dollars per share up to eight hundred fifty. From the note quote valuing tesla is as challenging as ever we raise our discounted cash flow base price target from seven hundred dollars to eight hundred fifty dollars on higher profitability and accelerated growth. While at thirty five percent five year compound annual growth rate. we remain below tessa. Guidance of fifty percent as trend growth desa currently trades on nine times revenue and sixty two times earnings before interest and tax a level disconnected with auto multiples but in our view more consistent with net growth lack of legacy issues and wider addressable markets including energy generation and storage and one. Quick little note here. Just because i do see these inflated allot tesla has guided for greater than fifty percent growth compounded annually for vehicle deliveries. That doesn't necessarily mean revenue would grow at fifty percent. Plus obviously it very well could but that's not what tesla has specified so to me. It's not super clear but it does look like in this case. Jefferies is comparing their revenue forecasts tesla's vehicle delivery guidance and tennessee that a lot so just wanted to point that out next year. We've got an update on giga texas. From joe tag mayer. He does drawn flyovers there and remember last week. We had talked about him here. He that tussle was going to be doing a test. Production run for the mentawai next week. Which would not be this week

tesla joe tag mayer Jefferies tennessee india texas Joe elon Reuters twitter Musk china
"tesla" Discussed on Tesla Daily: Tesla News & Analysis

Tesla Daily: Tesla News & Analysis

04:50 min | 1 year ago

"tesla" Discussed on Tesla Daily: Tesla News & Analysis

"And that means you're gonna front a tremendous amount of hardware that now. Of course the amazing thing is is that tesla getting people to pay for this. You will pay for it. And they're getting people to drive around and tested for. It's amazing right but you know if you're not a car company. You can't do that right like i don't. I don't see i don't say that there's no solution for way more cruiser or whatever to to try to replicate the. I don't think they're going to try to replicate it at this point. I think they both see light at the end of the telling you approach. They're on right now and they're going to run toward doubt light and they're going to try to lever that platform in that that long term the path to success for them is to gradually crank down the sensors on.

tesla
"tesla" Discussed on Tesla Daily: Tesla News & Analysis

Tesla Daily: Tesla News & Analysis

05:01 min | 1 year ago

"tesla" Discussed on Tesla Daily: Tesla News & Analysis

"Looked at below three hundred fifty. It's like three hundred forty seven x right now Again remember four months ago. Four or five months ago tesla's price to earnings was over a thousand and you hear these people. Complaining about tesla can never grow into that valuation. Well they've already cut that you know seventy percent in just five months so again looking forward tesla gonna continue to drive this up You know we're gonna probably get another quarter next quarter in maybe above a dollar again And then you're gonna be replacing this twenty-seven quarter with another dollar quarter and. Let's just do the quick math on that that gets us to. Maybe you know to sixty five fish and gap earnings per share trailing twelve months. Let's say the stock is at seven hundred. So then that's gonna bring your earnings per share down sue or sorry your price to earnings ratio down to Two hundred and sixty four x so just gonna continue to drop unless the stock price rises. yup free cash flow of six hundred million dollars Analysts were expecting negative hundred and fifty million dollars so much better free cash on their tesla did talk about paying down debt. So i think they're actual cash on hand did decline And they'll continue to pay down debt it looks like in q. Three as well so Nothing to be concerned about plenty of cash on hand and cashel positive That's really what gives you a sense of potential on the business Excluding some of those one time diamonds. The only thing. I we didn't talk about in the financials yet is solar so that did come a little bit lighter than what i expected But still i think it was up three three times last year. you last year so eighty five megawatts there But again huge beat on the storage side definitely making up for that and driving that energy sales beat so let's hop over to the earnings letter here Just a couple of things..

tesla
"tesla" Discussed on Tesla Daily: Tesla News & Analysis

Tesla Daily: Tesla News & Analysis

05:33 min | 1 year ago

"tesla" Discussed on Tesla Daily: Tesla News & Analysis

"I'm extremely impressed with what has been able to accomplish in the second quarter. Uh going to quickly go through. The financial results will look at a couple of takeaways from the shareholder letter as well and then we are going to segue into the earnings call. Afterwards of there'll be a different link for that down in the show notes but we'll get this out before then so right off the bat. Let's just look at some of the numbers here. Shift over to excel and we can see how tesla's actual compared to the analyst consensus as well as the numbers that was forecasting so deliveries. No surprise there came in right as we expected them to as they usually do automotive sales. tesla significant beat here versus what i was expecting in versus what analysts were expecting a three percent above my levels two percent above the analysts consensus that was driven by Better actual average selling prices because as you can see here regulatory credits which we talked about. In the preview i've consistently been forecasting those two high this time forecast them to her forecast tula previously. This time forecast them. too high. as at five hundred million deaths reported three hundred fifty four million meaning non automotive sales excluding regulatory credits was way way higher than what i had expected meaning average selling prices. Were much better than what. I had predicted Same thing here. With energy tussle beating my expectations by twenty six percent. Animals consensus by thirty nine percents Driven by just greater They say greater recognition of mega pack sales as quarter. Scroll down here. We can see that. A tesla over about one point three gigawatt hours of energy storage. A second highest ever. I and significantly up quarter over quarter about three times. What tesla did in key one. I'm quite a bit higher than my expectation as well as analyst consensus so that drove a beat on the energy line and then the service and other line that also came in ahead of analysts expectations. About right where i was. Forecasting it at So tesla delivering a pretty big beat about a four percent beat on the top line number there with about twelve billion dollars in revenue up ninety eight percent year over year so super happy with the top line but as you guys know one of the first things that i look at when opened up the report is automative gross margin excluding regulatory credits so is forecasting a two hundred ten basis point increase year. Quarter over quarter Tesla delivered a three hundred three hundred eighty basis point increase so driving their automotive gross margin x. Credits up to nearly twenty six percent. Twenty five point. Eight percent here That's seven percent better. Seven percentage points better than last year obviously last year tussle was dealing with impacts of the pandemic. But still you can see here. This is the highest quarter by far In the last fifteen months so super super.

tesla
"tesla" Discussed on Tesla Daily: Tesla News & Analysis

Tesla Daily: Tesla News & Analysis

02:08 min | 1 year ago

"tesla" Discussed on Tesla Daily: Tesla News & Analysis

"We're here we just got tesla's cute cute. Twenty-one earnings report and shareholder letter and wow the results are phenomenal. I'm extremely impressed with what has been able to accomplish in the second quarter. Uh going to quickly go through. The financial results will look at a couple of takeaways from the shareholder letter as well and then we are going to segue into the earnings call. Afterwards of there'll be a different link for that down in the show notes but we'll get this out before then so right off the bat. Let's just look at some of the numbers here. Shift over to excel and we can see how tesla's actual compared to the analyst consensus as well as the numbers that was forecasting so deliveries. No surprise there came in right as we expected them to as they usually do automotive sales. tesla significant beat here versus what i was expecting in versus what analysts were expecting a three percent above my levels two percent above the analysts consensus that was driven by Better actual average selling prices because as you can see here regulatory credits which we talked about. In the preview i've consistently been forecasting those two high this time forecast them to her forecast tula previously. This time forecast them. too high. as at five hundred million deaths reported three hundred fifty four million meaning non automotive sales excluding regulatory credits was way way higher than what i had expected meaning average selling prices. Were much better than what. I had predicted Same thing here. With energy tussle beating my expectations by twenty six percent. Animals consensus by thirty nine percents Driven by just greater They say greater recognition of mega pack sales as quarter. Scroll down here. We can see that. A tesla over about one point three gigawatt hours of energy storage. A second highest ever. I and significantly up quarter over quarter about three times. What tesla did in key one. I'm quite a bit higher than my expectation as well as analyst consensus so that drove a beat on the energy line and then the service and other line that also came in ahead of analysts expectations. About right where i was. Forecasting it at So tesla delivering a pretty big beat about a four percent beat on the top line number there with about twelve billion dollars in revenue up ninety eight percent year over year

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