In Su I trust, but i am gonna close before the ERS IIRC, you got in in the hi 40s, me ~ 52. Congrats, ur calls are already > 2-baggers my challenge to you is, for every extra $2 profit/share you make on the AMD trade, donate half to clutchfans.net
Tesla's revenue has been pretty flat and if you remove the regulatory payment they are pretty much making no profit or FCF and their stock is up 5%, and worth 300 billion dollars.
How much would the oil industry be profitable without federal help the last 20 years? honest question i dont know enough about that.
Well, it's finally been confirmed their new gigafactory is going to be in the Austin area : https://communityimpact.com/austin/...-build-its-next-gigafactory-in-travis-county/
East Austin is terrible but that area is cheap and on fire -- first the airport, F1, a bunch of other random stuff, and now Tesla. Wish I would have bought some land there back in the day... who would have thought though..?
Another article on the new Austin site : Tesla will build its next Gigafactory near Austin, Texas https://www.cnbc.com/2020/07/22/tesla-will-build-its-next-gigafactory-near-austin-texas.html “We’re going to make it a factory that is going to be stunning it’s right on the Colorado River. So we’re actually going to have to have a boardwalk over you, hiking, biking trail. It’s going to basically be an ecological paradise,” Musk said. The site will be used to build the company’s Cybertruck, its Semi and the Model 3 and Model Y for the eastern half of North America, Musk said. Musk also added that Tesla will continue to grow in California, where it will build the Tesla Model S and the Model X for global deliveries and the Tesla Model 3 and Tesla Model Y for North America.
I traded mostly NYSE stocks so that I could read the specialist (when we still had human specialists) and take a ton of leverage (think 100:1 trading margins). Sometimes I dabbled in NASDAQ but being fully electronic, it was much tougher to manage risk where the difference of 10 cents on your fill price could ruin your morning.
Why AMD Stock Jumped TodayNew chips could mean bigger gains for the semiconductor company https://www.fool.com/investing/2020/07/22/why-amd-stock-jumped-today.aspx Shares of Advanced Micro Devices climbed 8.4% on Wednesday after the chipmaker announced a new line of desktop processors. So what AMD's new Ryzen 4000 Series processors will be built on its "Zen 2" architecture and advanced 7-nanometer manufacturing process. They will integrate Radeon Graphics and are expected to deliver significant gains in performance and energy efficiency. AMD's processors are designed for the gaming and streaming markets, as well as mainstream consumers. A PRO class of chips, which contain high-end security features and other advanced technologies, is meant for the enterprise market. Computer makers such as HP and Lenovo will begin including AMD's new processors in their PCs in the third quarter. Now what The coronavirus pandemic is boosting demand for gaming systems as well as computers that can help people work efficiently from home. AMD and other PC component makers stand to benefit from these trends. Moreover, if their improved performance and security features help AMD take share from rival Intel, today's gains could be just part of a potentially far larger upward move in AMD's stock price in the months ahead. Investors will get an update on AMD's current sales trends and future growth expectations when it reports its second-quarter financial results on July 28, next Tuesday, after market closing My 2 cents in view of the 8% pop today, on 3 x the normal trading volume, RSI of 69.5, closing at the high of the day, awa as a sizable gain during after hours, i see more pops in the next few trading days
Revenues are flat because in 2018 they had a 4 year backlog for model 3s that they delivered all in two quarters when production ramped up. That wasn't true organic demand, just a pent up backlog, that's also why the stock was skeptical then and did not rally much even though revenue spiked. But if you exclude those two quarters, revenues have grown nicely since then, and have held up extremely well during the pandemic, which the market has also recognized the past year. Next quarter (the one we are in) is the one you will see record deliveries/revenue/profit, I'm expecting a blowout. Really don't understand this hoopla over regulatory credits, do the people complaining even understand what they are? Why shouldn't we count it? Is it not real money? The EU regulatory environment is only getting more strict, and wait until China starts punishing automakers and start their credit scheme next year. Emissions standards are increasing worldwide and that's not a trend that is stopping, so expect even higher regulatory credits in the future. Boohoo.
Fossil fuel industry gets $400-600b in subsidies a year. https://www.google.com/amp/s/www.ro...dies-pentagon-spending-imf-report-833035/amp/ But that's not what who you are responding to was talking about regarding Tesla, at least if he knew what regulatory credits actually were. The regulatory credits Tesla sells have nothing to do with federal help, they don't even get it from the government, nor the US. They get it from other automakers in the EU who face fines if they cannot meet the emission standards. Rather than getting fined, or cheat, they pay Tesla for the overallotment of credits it has since it doesn't produce any gas cars. With those credits those other automakers can pass the emissions standards. If you don't want tesla to get paid for these regulatory credits there is a super simple solution, if other automakers can simply meet their emissions standards then voila Tesla would have no one to sell their credits to. So if people want to complain, it should be directed at the automakers failing to meet standards instead of at tesla who is simply accepting the reg money thrown at them. In regards to subsidies, Tesla used to enjoy a $7500 US federal tax credit (given to the consumer). But that has run out long ago since the end of 2018. Currently, every OTHER automaker in the US still gets subsidized that $7500 for their EVs, EXCEPT for Tesla. Yet Tesla still sells more EVs than all of these so called competitiors, combined. Go figure.
The EV tax credit runs out per automaker after 200k units sold, which Tesla accomplished in 2018. Honestly it is a crappy law since it disincentizes automakers to go EV early (like Tesla did), because once you reach that 200k you face a $7500 headwind vs your competition that was dragging their feet and have not reached 200k yet. Meanwhile the spirit of the law is supposed to spur EV adoption, but perversely it hurts the companies trying the hardest. There is new legislation currently looking to extend the 200k limit to 600k, which would temporarily give Tesla a $7500 tax credit again. But they will just smash through that number and face the same issues again.
Yeah I remember reading and hearing about this. I just forgot the specifics. I would love to see car sales broken down by different companies in 10-15 years. I feel like Toyota will always be there. And Tesla looks to be in better shape all the time. Or if Uber and Lyft will still be here. It’s an Interesting decade coming up.
The 400-600 billion subsidies are not really subsidies. If we are really interested in saving the environment we would be taking public transit not teslas. The regulatory payments are car companies paying tesla even though by market cap Tesla is the biggest car company in the world.
Read the paragraph after the one you bolded. The unpaid externalities add up to be $4.7 trillion a year - that's the "not real subsidies" you are alluding to. The $400-600b are very real. If you really want to save the environment how about we all go back to riding horses and using candle light. But no body wants to do that, so I'm sorry but Teslas are our next best bet. Also Tesla will never succeed if it only banked on the "save the environment" narrative, and it never has. They are where they are for one simple reason alone, they make the best cars. Period. Other car companies pay tesla for reg credits because 1. They need them to avoid fines 2. Tesla is the only one that has extras to sell. It's that simple, not sure what market cap has to do with it.
