Tesla Inc (TSLA)

[DiscoverGold]

Cathie Wood & Ark Invest's Buys 29,230 Shares of Tesla Inc. (TSLA)
By: Ark Invest Daily | April 23, 2024

• Cathie Wood and Ark Invest's trade activity from today 4/23.



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[georgejjl]

That was the high during after hours trading but the close of after hour trading was $163.96 which was too bad. It was up $19.28 for the day.

Hopefully, the share price of TSLA will continue to go up from $163.96 tomorrow.

Good luck and GOD bless,

[JJ8]

Is that true George? Tesla share at $216.80?

I hope so.

If true, my Port will leap for joy. And I will celebrate. I am doubtful until I see my Account tomorrow, lol.

Cheers & GLTA

[boston745]

While Cash/equiv dropped 4.7B, Cash, equivs, investments only dropped 2.2B. Thus about 2.5B of that 4.7b drop was invested. Still 2.2billion drop is significant and a large departure from previous trajectory. That coupled with Tesla cutting prices further doesnt look healthy.
Current bounce is technical in nature not based on anything real.

[georgejjl]

TSLA After-Hours High $216.8 (04:56:18 PM)

Good luck and GOD bless,

[DailyX]

Moonward tommorrow thanks shorts for the rocket this week!.!.!.!

[DailyX]

This is pointed straight up! After hours! Wait tell the bears cover or some may get a margin call. Looking forward to getting into the $180 channel soon.

[Vexxed]

Lmao all the bears getting rekt. Prepare for short squeeze tomorrow!

[georgejjl]

Tesla Earnings Fall To Lowest Since 2021. Tesla Stock Surges Late On 'Affordable' EV.

https://www.investors.com/news/tesla-earnings-fall-tesla-stock-surges/?src=A00220

Good luck and GOD bless,

[boston745]

BANKRUPTCY ISN'T LIKELY FOR TESLA BUT THE ODDS ARE GROWING
Two new factories are operating at less than 50% of capacity. Massive capital investments plus vertical integration plus falling sales plus no new models (other than the Frankenstein-mobile) = huge cash burn. FSD at Level 2 autonomy remains well behind competitors and isn't remotely capable of running a robotaxi system.

In this excellent piece, the invaluable (for Tesla shorts) Motorhead walks through how and why it might happen, comparing Tesla to other CAR COMPANIES who've gone bust. He recommends Tesla do a $100 billion equity raise to hold them over the next ~ 3-4 years until they might have new product.

https://www.linkedin.com/posts/joseph-bohrer-6b9786_could-tesla-go-bankrupt-the-odds-are-rising-activity-7187083286215557120-Npqo


Most of this article is exaggerations but the part about Teslas business model being dependent on growth is true. Without continued growth, Teslas fixed costs will eat away at its margins. The downside of having everything in house.

He finds fault in Tesla's business model, which he says is dependent on robust revenue growth, integrating vertically to capture profits from car sales, and directly selling cars to consumers.

"That is a brilliant model when [there's] growth … because you actually get paid for growing and you capture all the margin. The problem is, when you go into reverse and sales go down, it also goes in reverse," Lekander said, noting that Tesla was now faced with paying its fixed costs and negative working capital, a situation where liabilities exceed a business's income and assets.

https://markets.businessinsider.com/news/stocks/tesla-stock-price-crash-bubble-bear-outlook-demand-per-lekander-2024-4

[boston745]

Thats significant cash outflow Q1 for Tesla, about 4.7B. IT appears this is mostly due to the significant drop in cash from operations. Tesla keeps burning at this rate its going to have to do an offering this year. Cash burn rates have to be a major reason why Tesla has pulled back on trying to expand. You can see why Tesla needs this technical pump to distract the masses from that cash burn.


https://i.imgur.com/opQ6a2j.png

https://www.sec.gov/ix?doc=/Archives/edgar/data/0001318605/000095017024046895/tsla-20240423.htm

[chklingon]

So... normally at earning call, the stock drops as all the good news is baked in before the call. It has dropped now for a long time as the market bakes in the bad news. Why is anyone surprised at the rise. The market is "suppose" to be a "leading" indicator. The MSM FUD about Tesla was very successful at it job for the Wall Street insiders.
As a long I only want to know that Tesla is making progress on moving forward. They are.
Let the traders do what they do day to day.

[tnc26]

Terrible earnings from every aspects of the business and the stock is up Ah oh because they said oh they going to push the other sector faster? Give me a break , I'll bet it will open lower tomorrow. Jist look at their earnings, competition is getting tighter and their bottom revenues will continue to go down as they will continue cutting prices.
Even at $90 adjusted split is still dam too expensive...

[Agoura Guy]

ELON MUSK IS A CON ARTIST..... HE SURE SUCKS IN A LOT OFF GULLIBLE FOOLS DURING HIS BS EARNINGS CALLS!!!!!!!!

INSTITUTIONS WILL DUMP ALL OVER IDIOTS TOMORROW!!!!!!!!!

SUCKERS!!!!!!!!

[PENNY DIPZ]

Ok

[JJ8]

Moonlazer: it's good to see you happy to have used your technical knowledge in the challenge of connecting the important dots to follow in the Tesla share price trajectory over longer times.

Seeing the larger picture in the journey of share price to pin point important junctures for timely buying and selling is the challenge for all investors/traders.

You deserve feeling good about it. While we hope to see share price improve in coming months.

Congrats & Cheers

[boston745]

Tesla profits drop 55%, company says EV sales ‘under pressure’ from hybrids

Tesla profits fell 55% to $1.13 billion in the first quarter from the same year-ago period as a protracted EV price-cutting strategy and “numerous challenges” cut into the automaker’s bottom line.

Tesla reported revenue of $21.3 billion in the first quarter, a 9% drop from the first quarter of 2023. Analysts polled by Yahoo Finance expected earnings of $0.51 per share on $22.15 billion in revenue. Tesla reported operating income of $1.2 billion in the first quarter, a 54% decrease from the same year-ago period.

The company said in its Q1 earnings report that it experienced “numerous challenges” in the first quarter, including the Red Sea conflict and the arson attack at Gigafactory Berlin and the gradual ramp of the updated Model 3 at its factory in Fremont, California. Tesla also noted that global EV sales continue to be under pressure as many carmakers prioritize hybrids over EVs. On the upside, that hybrid approach has meant automakers continue to buy regulatory credits; Tesla earned $442 million in the first quarter.

Those challenges are not what caused Tesla to sell significantly fewer cars. Inventory grew over 40k to over 140k end of Q1 so obviously not a production issue. New models that supposedly helped this pop the Model 3 Highland or other updated versions of its current vehicles that incorporate aspects of Model 2 assemblies? Thats nothing to be overly bullish about. Robotaxi is nothing to be overly bullish about either as FSD is a long way from being used for anything other than testing in a few cities. Testing in cities will equate to greater R&D burn and legal costs associated with accidents.
Looks like they are trying to control the narrative by utilizing a technical breakout to take focus away from Teslas dimming future.

https://techcrunch.com/2024/04/23/tesla-profits-drop-55-company-says-ev-sales-under-pressure-from-hybrids/

Tesla = a fake it until it makes it scam that is putting the greater public in danger....worldwide.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174085276

[Moonlazer]

And I was spot on, as the main baseline inched upward from this original post.

So calling Jan 2023 bottom, last summer's top, and now this bottom.

3 for 3. See you all above 200 by January 2025.

[Moonlazer]

Technical analysis doesn't lie.

[Moonlazer]

Called this bottom months ago

[Agoura Guy]

SCAM, FRAUD, HYPE.... TOTAL BS!!!!!!!

AH'S PUMP ON ***WORDS***!!!!!!!!!!!

TERRIBLE EARNINGS REPORT!!!!!!!!!

[boston745]

Wasnt smart summon something they released years ago?

[boston745]

what new models & when?

[$Green$]

All time lowest COGS

[rolvram]

Expecting to build 3M cars at current capacity

[$Green$]

Yup closing that gap to $161 tomorrow!

[rolvram]

Smart Summon

via
@YouTube
$TSLA summon now on your Tesla App.
This is 100% autonomous driving since no human is in the car when it drives to you

[rolvram]

Tesla to launch new models ahead of planned timeline, shares jump
16:31:45 PM ET, 04/23/2024 - Reuters
(Add background in paragraphs 2-3)

April 23 (Reuters) - Tesla said on Tuesday it had pulled forward the launch of new models from the second half of 2025, sending its shares up nearly 7% in after-hours trading.

"This update may result in achieving less cost reduction than previously expected but enables us to prudently grow our vehicle volumes in a more capex efficient manner during uncertain times," the electric vehicle maker said.

Tesla did not elaborate on pricing of the new vehicles.

Reuters reported earlier that Tesla had canceled its long-promised inexpensive model that Chief Executive Elon Musk in January had predicted would be available in late 2025. The news organization reported that Tesla continues to develop robotaxis on the same small-vehicle platform.

Global growth in demand for EVs has eased, with sales expanding at lower-than-expected rates due to reductions in state subsidies and high interest rates.

[Vexxed]

Lmao keep waiting for 25$ pleb

[huka]

Share price may be $25 by then

[Prudent Capitalist]

Interesting reaction to earnings AH with TSLA shares up strongly, in spite of the negative numbers. TSLA fell short of street estimates, reported its first decrease in revenue ever, and reported negative free cash flow, but TSLA shares are up for one reason hidden in the release.........The announcement that TSLA will be bringing out a new cheaper and more affordable model in 2nd half of 2025.

[Prudent Capitalist]

-Tesla Reports Q1 EPS of $0.45 on Revenue of $21.3 Billion, vs CIQ Analyst Consensus of $0.50/Share on Revenue of $22.3 Billion

04:05 PM EDT, 04/23/2024 (MT Newswires) --

[$Green$]

$155 AH

[Diogenes of Sinope]

ag—Please;

✌️

[$Green$]

I’m serious tho they’re chopping heads in buying shares

[chklingon]

I hate to see that, but the sales are down, the outlook for interest rate drops... sucketh.

[$Green$]

6k employees terminated today. Buy

[boston745]

Meek Mill New Hummer EV Almost Killed Me!!!

Back in March, Meek posted a flick of a wrecked GMC but recently revealed how it happened -- he claims the brake pedal fell off, and the car even started driving on him ... while it was in park!!!

https://www.tmz.com/2024/04/22/meek-mill-hummer-ev-gmc-brake-pedal-failed-elon-musk-tesla/

Non Tesla vehicle driving itself. Article tries to make it seem like Teslas behave any better but theyve been mired in numerous problems like this across its portfolio of vehicles. Cybertrucks have experienced alot of the same issues.

https://www.tmz.com/2024/04/22/meek-mill-hummer-ev-gmc-brake-pedal-failed-elon-musk-tesla/

With the rise of self-driving car technology, it's possible that computer systems on these vehicles could malfunction due to cosmic rays. What if, during an automated trip, imagery from a camera mounted at the front of the car became corrupted and the on-board computer failed to spot a person walking out in front of the vehicle?

However, the research is yet to be published and he says he's not allowed to reveal what the starting level of accuracy was during the experiments.

Such interventions could make self-driving cars of the future safer but they wouldn't eliminate the possibility of a cosmic ray causing other problems. And this raises an interesting conundrum for insurers.

"In a world of fully autonomous vehicles, how can you prove the accident happened because of cosmic rays?" says Rech. "That is very challenging. I mean, it's impossible, by definition." In ambiguous cases, disputes over whether a human or technology manufacturer – or space weather – was at fault might be difficult to resolve

Impossible to prove but can and does happen. Can even be emulated in a lab setting.


https://www.bbc.com/future/article/20221011-how-space-weather-causes-computer-errors

[boston745]

A crack in the magnetic field opened on the 19th when the Tesla on Autopilot suddenly accelerated into the motorcycle killing the rider of the motorcycle. This is why no amount of AI and automation can fix this, EMI causes computer glitches, and thus autonomous tech will never reach true full self driving. More robotaxis on the road the more often these types of things will occur during geomagnetic events as the earths magnetic field weakens quicker; supposedly this will be accelerated by SpaceX satellite debris!

https://www.swpc.noaa.gov/products/real-time-solar-wind

=======================================

With the rise of self-driving car technology, it's possible that computer systems on these vehicles could malfunction due to cosmic rays. What if, during an automated trip, imagery from a camera mounted at the front of the car became corrupted and the on-board computer failed to spot a person walking out in front of the vehicle?

However, the research is yet to be published and he says he's not allowed to reveal what the starting level of accuracy was during the experiments.

Such interventions could make self-driving cars of the future safer but they wouldn't eliminate the possibility of a cosmic ray causing other problems. And this raises an interesting conundrum for insurers.

"In a world of fully autonomous vehicles, how can you prove the accident happened because of cosmic rays?" says Rech. "That is very challenging. I mean, it's impossible, by definition." In ambiguous cases, disputes over whether a human or technology manufacturer – or space weather – was at fault might be difficult to resolve

Impossible to prove but can and does happen. Can even be emulated in a lab setting.


https://www.bbc.com/future/article/20221011-how-space-weather-causes-computer-errors

=======================================

BYD thoughts of Self driving technology

“We think self-driving tech that’s fully separated from humans is very, very far away, and basically impossible,” Li Yunfei, a spokesperson for BYD, said in Mandarin, translated by CNBC.
“When we think about [self-driving tech] from all aspects, from human psychological safety needs, from ethics, from regulation, from technology — including application in this industry — we haven’t figured out [the logic] and we think it is probably a false proposition,” Li told reporters on the sidelines of the Shanghai auto show on Tuesday.
“There may be many industries and businesses that invest a lot of money on this [tech], and after investing for many years it will prove it leads nowhere,” he said.

Tesla = a fake it until it makes it scam that is putting the greater public in danger....worldwide.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174085276

[FooBarAndGrill]

I'm disappointed. Now what can I rent to stress test?

[$Green$]

Gaps up to 161

[boston745]

Tesla driver on Autopilot caused fatal Highway 522 crash, police say

The driver was reportedly on his phone with his Tesla on Autopilot on Friday when he crashed into Jeffrey Nissen, killing him.

MALTBY — A Tesla driver who had set his car on Autopilot was “distracted” by his phone before reportedly hitting and killing a motorcyclist Friday on Highway 522, according to a new police report.

Around 3:45 p.m., a Snohomish man in a 2022 Tesla Model S was driving home behind a motorcyclist at Fales Road in Maltby, according to the report.

The man, 56, had activated Tesla’s Autopilot feature. He was using his phone when he heard a bang as his car lurched forward and crashed into the motorcycle in front of him, troopers wrote.

Troopers wrote the driver’s inattention while his car was on Autopilot, “putting the trust in the machine to drive for him,” gave them probable cause to arrest the man. He was booked into the Snohomish

Tesla’s Autopilot feature has come under regulatory and legal scrutiny. Since 2019, at least 17 people have been killed in crashes involving Teslas in Autopilot mode, The Washington Post reported in June.

Appears as if a some sort of glitched occurred causing the Tesla to accelerated into the motorcycle in front of it. Now the driver is being charged with vehicular manslaughter because they depended on Tesla technology too much!

33. Apr 19th (47.813634, -122.077236)
https://www.heraldnet.com/news/tesla-driver-on-autopilot-caused-fatal-highway-522-crash-police-say/

========================================

Tesla Drivers Have the Highest Crash Rate of Any Brand: Study
Tesla led all automakers with 23.54 crashes per 1,000 drivers in the past year.

https://www.thedrive.com/news/tesla-drivers-have-the-highest-crash-rate-of-any-brand-study

=======================================

Tesla goes out of control hitting a hydrant and tree, burns its occupants alive as their friends try desperately to get them out.

It was learned that a speeding Tesla crashed into a fire hydrant at Macarthur Boulevard and Grant Lane Road in Tracy at 9.45pm on Friday night, then crashed into a tree and burst into flames.

Behind their car, their other friends were coming in another car, who tried hard to save their friends, but the car got locked and they could not do anything because of the flames.

https://web.archive.org/web/20230711004703/https://irshadgul.com/two-indian-youths-died-in-the-accident-in-tracy-usa-ig-news/

=======================================

Tesla suffers SUA and drives into a parking garage wall.

I'm begging all of you to NEVER get in a Tesla as long as you live. It started accelerating on its own in a parking garage and my dad lost all control of the car and we ran into a wall at 40 mph. Most horrifying experience of my life.

https://www.autoevolution.com/news/tesla-model-3-crash-inside-parking-garage-generates-dramatic-appeal-against-ev-maker-207530.html

=======================================

List of out of control Teslas for 2023 and link to 2022 out of control accidents as well.

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173546837

=======================================

Link explaining how Electromagnetic Interference is causing EVs to experience sudden unintended acceleration

https://www.researchgate.net/publication/346368508_Special_Investigation_and_Countermeasure_Suggestions_on_Electric_Vehicle_out-of-control_Accidents

=======================================

Hutchison Effect & Teslas Whompy Wheel issue

Jain is one of tens of thousands of Tesla owners who have experienced premature failures of suspension or steering parts, according to a Reuters review of thousands of Tesla documents. The chronic failures, many in relatively new vehicles, date back at least seven years and stretch across Tesla’s model lineup and across the globe, from China to the United States to Europe, according to the records and interviews with more than 20 customers and nine former Tesla managers or service technicians.

https://www.reuters.com/investigates/special-report/tesla-musk-steering-suspension/

The exact cause of the Hutchison Effect is unknown in public spheres as it is classified under national security. However the most likely culprit seems to be a combination of electromagnetic sources coming together in a way to change the makeup of metals leading to their rusting, softening, fracturing, complete breaking, even dustification. Keep in mind the degree of metal materials that are within our buildings and infrastructure...even in concrete. Maybe this is why we are seeing an increase in building and bridge collapses?

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172987494

[DiscoverGold]

Cathie Wood & Ark Invest's Buys 122,752 Shares of Tesla Inc. (TSLA)
By: Markets & Mayhem | April 22, 2024

• Cathie Wood and Ark Invest's trade activity from today 4/22.



Read Full Story »»»

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[DiscoverGold]

China whisper number of 5.2k Tesla registrations for the week of April 15-21
By: Roland Pircher | April 23, 2024

• China whisper number of 5.2k Tesla registrations for the week of April 15-21.

The quarter is -41.1% QoQ and -55.6% vs. 23Q2 the best quarter after 3 weeks. YTD is at -11.7% YoY.

PS: Final number will follow in a few hours.

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[TheFinalCD]

Hertz is selling Teslas for as little as $21,000, as it offloads the pricey EVs from its rental fleet
https://www.cbsnews.com/news/tesla-cars-used-hertz-discount-ev-fleet/

🧐👀 is that so? pic.twitter.com/jVXH8kRT0h

— Stock Swing Alert (@StockSwingAlert) April 22, 2024

[TheFinalCD]

elon tweeted

Tesla is the lowest cost car to maintain

Tesla is the lowest cost car to maintain pic.twitter.com/VJjggL4l1E

— Elon Musk (@elonmusk) April 22, 2024

[Agoura Guy]

TESLAS ARE CRAP!!!!!!!!!!!!!!!

https://www.youtube.com/shorts/SOaGBdnlGIw

[georgejjl]

Tesla nears LG electrode deal to support over 1.3 million EVs

https://www.teslarati.com/tesla-lg-electrode-deal/

Good luck and GOD bless,

[georgejjl]

Tesla maintenance and repair costs are lowest in the auto industry

https://www.teslarati.com/tesla-maintenance-repair-costs-lowest/

Good luck and GOD bless,

[chklingon]

Yep, and opinions are like bellybuttons.....everyone has one.