Tsla

The Tesla Network Ridesharing Platform Is A Bigger Opportunity Than Selling Cars

... new Master Plan, Musk's answer to Jonas became much clearer. Selling 500,000 self-driving Tesla's to Uber is enticing from a surface-level sales perspective, but omits the bigger picture. Offering the Tesla Network as a stand alone app will allow Tesla offer transportation services to a whole new subset of customers that don't have the capital to buy a car outright. Perhaps Elon's biggest innovation surrounding the Tesla Network is that it will be a revenue opportunity for its customers. If a Model 3 owner rents out his car for an average of six hours per day while they are at work, that would result in 1,800 hours of driving annually (assuming 300 work days). Even with net revenue of just $5 per hour, that would result in $9,000 in income for a Model 3 owner in just one year. With a projected sticker price of $35,000, that's more than 25% of the total cost of the car. Tesla Puts Its Foot Down. In October 2016 as Tesla began delivering its first vehicles with fully autonomous hardware to customers. As a part of this launch it ...

Uber Launches Self-driving Service In Tempe, Ariz

... the inaugural ride. He wooed Uber after it was threatened with legal action if it continued conducting its self-driving tests in San Francisco without appropriate permits, such as the ones being used by Alphabet Inc. ( GOOG ) subsidiary Google and major car manufacturers in their tests. The ride-sharing company had argued that it did not need a special permit for its tests since they fell into a different category, similar to the ones being conducted by Tesla, Inc. ( TSLA ). (See also: Tesla Rolls Out Enhanced Autopilot Update. ). Governor Ducey published a statement in which he stated that California had "put the brakes on innovation and change with more bureaucracy and regulation." He wrote, "Arizona welcomes Uber self-driving cars with open arms and wide open roads." The state does not require special permits for self-driving tests. This is the second such deployment of Uber's fleet of self-driving vehicles. The San Francisco-based startup launched its self-driving tests in Pittsburgh last September. (See ...

Quick Highlights From Tesla's Earnings Report

... trade-in values to incentivize upgrades and goose Model S/X demand. It should be noticed that this is deferred in time (the CPO car takes time to be sold, and only when sold is the loss from the high trade-in value recognized), so some of the impact would already come from Q 3 2016. What did not hit gross margins was a drop in production. Tesla kept Q 4 2016 production close to Q 3 2016 levels, and it accrued new car inventories as a result. This permits fixed-cost dilution to remain high. However, if Tesla is forced to lower production so as not to continue increasing inventories, such would have a negative gross margin impact. There was a large increase in basic shares outstanding to 155 million shares as a result of the Solar City acquisition. However, this number of shares is an ...

Will We Hold It Wednesday

... even an actual car yet. Our short play is this. Nowhere to run on that one as it's a March spread, we need TSLA to disappoint tonight or it's an expensive one for us. If all goes well, this currently net $2,163 spread will return $7,500 for a quick $5,337 (246%) return on cash - nice work if you can get it. Speaking of getting it, we got it good this morning with a nice dip on Oil Futures (/CLJ 7) and we took the money and ran at $53.50 with a $620 per contract gain from yesterday's remaining plays in our Live Member Chat Room. Just this morning, while oil was still just under $54, I said to our Members. Oil has been on a wild ride but back under $54 at the moment (/CLJ 7) and the Dollar is no stronger (101.50) than it was yesterday so that's not to blame. Hopefully we'll get a proper breakdown. There's nothing better than making a quick $500+ on each short contract before the market even opens. We're actually ready to go bullish on oil into the summer but it's way too early for $55, or even $54, so we're still taking some quick shorts when ...

Tesla, Inc. Tsla Shouts Loudly With Its Technical Chart

... into winning traders. (TSLA) has shown a marked change in trend levels over the course of recent market activity. Based on recent activity surrounding both the 50 and 200 SMAs, there’s been a marked trend created which can be described as bullish. The composite picture painted by the trends built around both SMAs has also created a measured analysis of current investor sentiment as the stock navigates upside and downside risk. The established market sentiment toward the stock has created a trading environment which can suitably be described as positive. There has also been a knock-on effect as it relates to trading volume now reflected in strong real-time sentiment on the buying and selling curve; this has created in turn, enthusiasm toward the stock as measured across a broad statistical mix of the general trading community. As a composite and comprehensive tableau, the stock’s position in the minds ...

Trading Tesla's Tsla Earnings With Options

... release its fourth quarter earnings results after the bell. The company is a Zacks Rank 4 (Sell),  and have a Value, Growth, and Momentum score of D. Dave will look at Tesla's past earnings, take a look at what is currently going on with the company, and give us his thoughts on their upcoming earnings announcement. Furthermore, Dave will uncover some potential options trades for investors looking to make a play on Tesla ahead of earnings. Tesla in Focus. Tesla Inc. designs, develops, manufactures, and sells electric vehicles and stationary energy storage products. It operates primarily in the United States, China, Norway and internationally. Tesla Inc., formerly known as Tesla Motors Inc., is headquartered in Palo Alto, California. Tesla is expected to report earnings at -$1.19 per share according to the Zacks Consensus Estimate. Last quarter they beat earnings ...

The Historical Significance Of Tesla's Gigafactory

... the future will be profitable. Past performance is no guarantee of future results. Worm Capital reserves the right to modify its current investment views, strategies, techniques, and market views based on changing market dynamics. This article contains links to 3 rd part websites and is used for informational purposes only. This does not constitute as an endorsement of any kind. Arne Alsin and Worm Capital clients are currently long Tesla (NASDAQ: TSLA ) and stand to benefit if the trading price of Tesla increases. Worm Capital, LLC does not accept any responsibility or liability arising from the use of this document. No document or warranty, express or implied, is being given or made that the information presented herein is accurate, current or complete, and such information is always subject to change without notice. Shareholders and other potential investors should conduct their own ...

Can We Get The Facts Straight

... 2015 10-K filing , the company was over 107,000 deliveries at the end of that year. More than 76,000 vehicles were sent to customers in 2016, and I believe the final number will be revised higher at the earnings report since it usually is. Tesla also had several thousand units in transit at the end of Q 4, and sites like Inside EVs and Tesla Motors Club show at least another 3-4 k units were delivered to the US and Europe in January. That doesn't include Asia, and it doesn't include the first week or two of this month, so Tesla should be somewhere around 190,000 or perhaps even over. All of this is funny because Elon Musk and his supporters like to brag about how well Tesla is doing. Yet, it seems from this presentation that the company is using numbers that are weeks, if not months, out of date. If you want to show the company's growth progress and alleviate concerns about the ...

Musk Reveals Details About His Boring Plan

... Revolutionize the Modern World.). One could, of course, argue that going up might be cheaper and less time consuming. But Musk says that flying cars, which are being championed by Alphabet Inc. ( GOOGL ) chairman Larry Page, are a "dumb idea" because they are not scalable and require enormous downward force to keep them in the air. The latter translates into wind, noise and debris for those on the ground. (See also: How Flying Cars Could Land in Your Portflolio.). Instead, Musk's immediate aim is to build a fast and cheap tunneling machine. According to him, tunneling costs a billion dollars a mile and takes enormous time and effort. As an example, he cites the City of Los Angeles' extension of its subway line, which will cost $2.4 billion for an extension of 2.6 miles and take approximately 10 years. Musk wants to develop tunneling machines that make it possible to drill a mile a week. He plans to do this by accomplishing three tasks: feeding the machine with more power, constructing it with ...

Checking The Overall Picture For Tesla, Inc. Tsla

... in the Consumer Goods space, with a focus on Auto Manufacturers – Major. The stock has been active on the tape, currently trading at $277.39, up from yesterday’s close by 1.90%. Given the stock’s recent action, it seemed like a good time to take a closer look at the company’s recent data. Fundamental Analysis. Money managers are always interested in a company that can find the right recipe of fundamental data because it reflects something important going on underneath the surface. Tesla, Inc. (TSLA) currently trades with a market capitalization of $44.15 Billion. That value represents a market adjusting for revenues that have been growing by 145.35 % on a quarterly year/year basis as of the company’s last quarterly report. The balance sheet health of any company plays a key role in its ability to meet its obligations and maintain the faith of its investment base. For TSLA, the company currently has $3.11 Billion of cash on the books, which is offset by $263.37 Million current liabilities. You can get a sense of how sustainable that is by a levered free cash flow of $-875.87 Million over the past twelve months. Generally speaking, ...

How High Before Bears Capitulate

... stocks and indices all reversing exactly at this measurement. Once the pullback is complete, the expectation is for one final rally in wave 5 to the target just above $300. This is just what a "normal" cycle of buying would look like. There are of course many variations, but it would be unusual to deviate much from this. Depending on your timeframe and thesis, there are a number of ways to approach the above information. Bears with a long-term outlook could short or buy long dated puts at market. A new high is likely at some point, but this should lead to a much larger reversal back below $200. Bulls with a long-term outlook should target at least $300. Watch $269 carefully - price should hold here if the stock is to keep its momentum. Bears with a short-term outlook should most probably wait for a move above $300 before trying shorts. This is my personal approach. Bulls with a short term approach can try to buy $269 for a move over $300. I may try this too. As you can see, I have no bias. There are many valid arguments on both bull and bear sides, and I prefer not to get involved. Our ...