Tesla's earnings call coming out the next day...
The current price is +219
Tesla taking a bit of a knock lately even though they are producing records results y/y
What most people do not realize is that for many a decade the money flow out of the united states via oil purchases from overseas has been devastating to the economy.
The trump admin briefly fixed that when they turned it all around and became energy independent however, that was short-lived and the liberal mindset once again was back in power draining the economy of all its true wealth.
OK, I am digressing a bit but trying to paint the full picture for you, with Tesla, I know, it's a car company. Well, they also produce superchargers and they make a lot of them, and between now and when the world eventually transitions from ice to bev vehicles we are going to see some major changes. That flow of money that I mentioned earlier, is going to flow into those superchargers right into Tesla's bank account.
Just now Tesla has the best software engineers on the planet and all their stuff works seamlessly, even their superchargers with other non-tesla bev vehicles. So when the likes of China (BYD et all) end up producing +30% of the world's EVs, you can bet that they will all be using Tesla superchargers to charge up (again and again).
That is a huge flow of money the world over that will be flowing into Tesla on top of all of their car sales, semi-truck sales (which pay for themselves within two years), cybertruck sales (+2million on reserve), 4680 battery sales, megawatt battery storage sales, solar sales, and solar redistribution of power outages sales the world over. Not to mention the new reduction act that kicks off in January.
Don't even mention the tesla robot, sure the first one was made with on-the-shelf stock but the second one used tesla's own proprietary actuators and body castings, combining the fsd work that has been done and this bot will move and work in the real world environment. The first 100,000 robots produced by Tesla will no doubt be used in-house at their Giga factories running covid free 24/7 365... now think how many other factories will want the same, the machine that makes the machine that makes the machine... game changer.
Forgot to mention the Tesla taxi using full self driving software (not beta), tesla bev taxi vehicles with built-in fsd used all over the world.
The tesla model y is ranked the safest car in the world, the Chinese used to buy Mercedes, and now they buy Tesla.
Holy crap... I totally forgot about the power of DOJO, their supercomputer. There is that too.
I think it is time to rethink your evaluation of Tesla before some other folks do.
Xard777
