Alphas don’t drive Tesla
Fidelity def has fractional shares lol
Softbank is terrible. Why would anyone listen to anything they say. Anyhow, the growth is great, and if you look at the FCF growth on falling CAPEX it’s crazy, hence the multiple.
wait can i really? i usually just round out of habit. had no idea. for the trade ticket you can do 0.01 of google? or something like that?
tsla has remained profitable due to regulatory credits they sell to other auto companies at 428m in q2. i wouldnt exactly say they are killing it. id say they are heavily subsidized financially.
as for softbank. their claim to fame is really baba. you are right, i wouldnt put much weight on 1 winner. but they did kill it on that pick. but once they sell out they’ll have a like 150b in cash. so thats prolly why what they do kind of matters. here’s an sotp.
I dunno, it’s just hard for me to look at a company with consensus top line growth of 18% in 2020 of all years, followed by 44% in 21 and 31% in 22 as these factories ramp up that has seen leverage fall from double digit levels in 2017 to <2x net TTM with FCF ramping significantly as known factory CAPEX fades (consistent FCF ~$1B now) to consensus 5Y estimates >$8B and just think that with all their self driving and battery tech advantages this is a no brainer home run. There will always be points to nitpick with any company, but this is one not to miss the forest for the trees. Regulation works in their favor? What do you think environmental regulation and regulation in general looks like under a Biden presidency? More or less? Given the direction of environmental considerations, I want to be on their side of this wedge. These guys are rolling out model after model and teasing next gens for cars that are still 5-10 years ahead of the nearest competitor and BTW, all the auto companies had to pull the plug on CAPEX as they limped through 2020 on life support.
I’m not trying to make this about me or my prior call at this point, I’m just saying objectively this is probably not a name to play naysayer on.
BS I hope you’ve been following your own advice on this one. Buying a new shiny Model S should be pocket change for you by now.
I did well on TSLA but went to index only not long after going to my new job not too long ago just to avoid the stricter compliance headaches. I’m out of the game!
i love the product. i just dont like the investment.not going to short it. but would not buy it. even at 375. because it isnt for me. did i miss out? sure. but buying stuff like this prolly is correlated with other investments that went to 0. kinda remidns of shopify lol. another high flyer. everyone remembers what went up. nobody remembers what went bust!
in any case gundlach thinks trump is going to win again btw and that polls are wrong.
Well, if Trump wins, then more of the same and apparently Trump has a hard on for Musk so that’s great. I mean, it would be amusing for me if Trump wins, I struggle to see it but who knows.
Anyhow, if you don’t play with high leverage or risky stuff fine, nothing wrong with that, that tends to be my forte and where I make build my calling card but to each their own.
fractional shares are on mobile only for now