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Tesla China Supercharger Network grows nearly 30% in less than 2 months
Tesla China opened its 700th Supercharger station at the Badaling Ski Resort in Beijing. The company has been assertively ramping the installation of Superchargers across the country since late 2020.
The 500th Supercharger was opened in Shanghai less than two months ago in November. With the addition of the station in the Beijing ski resort, Tesla China has grown the local Supercharger Network by 30% in about 40 days. Tesla driver and investor @Ray4Tesla shared that the 600th Supercharger was opened on December 20, a month or so after the 500th station went online. He pointed out that another 100 Supercharger stations were added between December and mid-January.
Tesla China’s Supercharger team has already announced the opening of a few stations since the celebration of the 700th location went live over the weekend. On its Weibo page, the local Supercharger team revealed that several V3 stalls went online in Beijing, Changzhou, Guangzhou, and Shenzhen. There have also been Supercharger stations opened three eastern provinces in China across Heijiliao.
According to one of Tesla China’s executives, the growing local Supercharger Network is part of its plans to ease the mind of its customers. Tesla China is committed to providing their customers with the best after-purchase service. “So far, more than 540 Superchargers have been built in mainland China. With 718 destination charging stations, comprehensive coverage of more than 280 cities in the country,” said an infographic, shared by Tesla China’s VP of External Affairs Grace Tao, last month.
Tesla-china-supercharger-station-Beijing-ski-resortTesla-china-supercharger-installation-700Tesla-supercharger-network-china-700Tesla-china-supercharger-ramp
Tesla-china-supercharger-network-700-updateTesla-china-supercharger-networkTesla-china-supercharger-network-eastern-provinces
“At the same time, we have also built more than 150 experience stores and service centers across the country. In addition to worry-free charging, there are more guarantees for you to travel,” Tesla China’s Supercharger team said.
Tesla China marked the beginning of 2021 by announcing Giga Shanghai’s Model Y, which has met its high sales expectations so far. Local Model Y deliveries have already been pushed back all the way to May. As more Tesla vehicles hit the road in China, the local Supercharger Network will become more valuable to drivers.
Do you have anything to share with the Teslarati Team? We’d love to hear from you, email us at tips@teslarati.com or reach out to me at maria@teslarati.com.
Tesla Giga Shanghai: 24 Carriers Wait To Deliver Tesla Cars
https://insideevs.com/news/465301/tesla-giga-shanghai-carriers-waits-cars/
Just imagine that at 8,000 cars per week, Tesla will have to fully load close to 200 of these carriers every single day.
Here is an interesting sight at the Tesla Giga Shanghai, where 24 car carriers were seen on January 9, 2021 waiting in the parking lot for new MIC Model 3 and MIC Model Y.
Usually, there were several carriers, sometimes more than 10, but it seems that now, the fleet expanded to more than 20 at once. If we treat it as an indicator of the expected production output, it's pretty bold.
Tesla is producing thousands of electric cars per week in China, and reportedly is moving towards 8,000 a week in early 2021.
Assuming that a single vehicle can take up to six cars, then to handle 8,000 a week (or 1,140 a day), Tesla would have to load 190 such trucks a day (8 per hour)!
Tesla Gigafactory 3 - January 9, 2021 (source: WU WA)
Tesla Gigafactory 3 - January 9, 2021 (source: WU WA)
We wonder whether there is another plant that makes more electric cars than Tesla Giga Shanghai, because it might be the Fremont plant, but Shanghai will soon take the lead it seems.
Moreover, the company is still expanding the plant, adding more buildings of various types. There are rumors about a third model to be launched in 2022, so maybe there will be even a third phase.
Tesla Gigafactory 3 - January 9, 2021 (source: WU WA)
Tesla Gigafactory 3 - January 9, 2021 (source: WU WA)
A quick look at the new bridge on the eastern side, where Tesla still has a lot of space to expand.
A new video from Jason Yang, recorded a little bit earlier - on January 7 - provides beautiful footage of the Giga Shanghai:
More about Tesla Giga Shanghai
china tesla 8000 cars per week UPDATE - China: Tesla Already Makes 8,000 Cars Per Week? china high interest mic model y delivery time China: High Interest In MIC Model Y Extends Expected Delivery Time ?quick look mic tesla model y Let's Take A Quick Look At The MIC Tesla Model Y china tesla model3 performance removes lr rwd China: Tesla Launches Model 3 Performance But Removes Long Range RWD
Tesla Is Voltage Capping Panasonic Battery Packs To Match LG's
This is the allegation this video makes after testing cars with both battery packs in Europe.
On December 28, we told you that a youtuber claimed Tesla range gains were not related to efficiency improvements, as some thought. The most likely explanation was an increase in battery capacity. Tesla Killer promised a second video with more findings about that. Although we thought it was an answer to the range increases, it is actually about how Tesla deals with its few suppliers.
Panasonic is the company that sells Tesla batteries for the Fremont factory. In China, Tesla buys the batteries for the Model 3 Long Range from LG Energy Solution and the Standard Range Plus from CATL (LFP batteries).
tesla model 3 white
While the Panasonic battery pack has 82 kWh, the one made by LG delivers only 77 kWh. When it comes to nominal capacity, the Panasonic battery pack would be able to use 80 kWh of its 82 kWh, and LG uses 74.5 kWh. In Europe, where both battery packs can be found on the Long Range, they present the same range – which is really weird.
With such a difference in capacity, the Model 3 Long Range with Panasonic cells should have more range than those with the LG batteries. After checking car data and the constant Tesla uses to determine the range – the same one for both battery packs – Tesla Killer concluded that the company is capping the voltage of the Panasonic battery pack to match the LG's capacity.
YouTuber Tests 2021 Tesla Model 3 And Disputes It Is More Efficient
That made the video presenter curse Tesla in an NSFW fashion, probably trying to make viewers laugh about the situation. The video rightfully points out that this penalizes the customers that could have more range. We would add that it can also make European buyers avoid the Model 3 Long Range units with the LG battery pack.
Although the video says these cars come from the US, China started exporting Teslas to Europe. It is not unlikely that the EVs with the LG battery pack tested by Tesla Killer were manufactured at Giga Shanghai.
Tesla Giga Shanghai - December 31, 2020 (source: Jason Yang)
Instead of answering the questions we had about Tesla range increases, the video raised more doubts. Why doesn’t Tesla order battery packs from LG with the same specifications as those supplied by Panasonic?
If the Japanese company has cells with more capacity and Tesla wants all its Model 3 Long Range cars to present a uniform range, why doesn’t it order smaller battery packs from Panasonic so that it is on par with LG’s?
More Tesla Killer Videos:
?youtuber disputes 2021 model 3 more efficient YouTuber Tests 2021 Tesla Model 3: Disputes That It's More Efficient ?porsche taycan panel gap video Porsche Taycan Panel Gap Issues Now With Video Evidence
Legacy automakers only accept and pay for components to the precise specification they ordered. If they do not meet the requirements, they do not put them in their cars. Would Tesla have a different relationship with its suppliers or no option but to accept what LG has to offer?
Answers to these questions will probably take years to emerge if they ever get any reply, but we have to ask them and look for information just as much as Tesla Killer did. Nobody said that understanding the most valuable car company in the world would be easy.
Can Tesla Really Deliver 1 Million Cars In 2021?
Tesla beat the odds and delivered 500,000 cars in 2020. Can it honestly double that number this year?
Tesla officially released its final 2020 production and delivery report. Surprisingly, at least to some, the company delivered a whopping ~500,000 cars in one of the most difficult years our country has ever seen. What does the future hold?
Every time a company hits a milestone, the focus shifts to what lies ahead. Can Tesla deliver 1 million cars in 2021? Should the company even suggest an attempt to do so?
Tesla's growth story is truly amazing, and it has only just begun. The automaker's next goal may be to deliver 1 million cars in a year. However, 2021 may not be the year to focus on. This is because Tesla is currently expanding factories and building additional factories across the globe. It has plans to significantly ramp up its production and delivery efforts in the coming years. But, for now, Tesla only has two working factories, which arguably makes one million annual deliveries seem like a tall order.
In a few years, when Tesla has two fully functional factories in the US, potentially a battery factory on our shores as well, and at least two working factories overseas, huge growth seems imminent. 2021 stands to be a major transitional year in Tesla's growth story. Still, Tesla owner and data expert Ben Sullins takes a look at the odds of Tesla delivering 1 million cars this calendar year.
Read More About Tesla Production And Sales:
tesla production deliveries graphed through q4 2020 Tesla Production And Deliveries Graphed Through Q4 2020 tesla q4 deliveries 2020 record Tesla Delivers Record-Setting 180,570 Model 3, Y, S & X Globally In Q4
Before you watch the video above, what do you think? We'd love to know your 2021 Tesla production and delivery estimates. This way, in a year, we can look back to see who was right.
At InsideEVs, we've stopped estimating Tesla deliveries. There are too many variables involved, which makes it a very difficult task. In addition, unless you're a Tesla investor, the delivery number doesn't really matter. We care not about Tesla stock, the company's value, or the number of cars it can/will deliver, but instead about the vehicles themselves.
Tesla is surging. Is it too late for investors to get in?
New York (CNN Business)Telsa shares outperformed all other major stocks by a wide margin last year, rising 743%. So does that mean its incredible run is behind it?
Maybe not.
The first week of 2021 once again saw Tesla among the S&P 500's best performers, rising 24.7%, just 1 percentage point behind market leader L Brands (LB). The week's gain, on top of Tesla's performance last year, was enough to make CEO Elon Musk the richest person on the planet, and its shares surpassed Facebook (FB) to become the fifth most valuable US stock.
If it keeps up the first week's pace of increase, Tesla stock would match all of last year's gain by mid-March. Not that anyone is predicting another 700% increase in the shares this year. Or even a tenth of that.
In fact, even some of the most bullish analysts are only forecasting that Tesla shares would hit $1,000 by the end of the year, about a 14% rise for the rest of 2021 from Friday's record high close.
Several analysts with relatively positive outlooks for the company have 12-month price targets well below Friday's $880 close. The current mean target price for analysts is $440, which would be a 50% drop in shares.
Of the 35 analysts following the stock, 13 have a "strong buy" or "buy" recommendation, and another 11 have a neutral or hold recommendation. Of the rest, seven have a sell recommendation, and only four a "strong sell."
Morgan Stanley's Adam Jonas is one of the bullish analysts with a bearish price target. Considered one of the top auto analyts on Wall Street, Jonas upgraded his recommendation on Tesla to "overweight" in late November, but has scrambled to keep raising his price target ahead of the market price.
On November 18, when he upgraded the stock, he set a $540 target price, which was a 22% rise from where shares stood at that point. This past Wednesday he pushed it up to $810, only to see Tesla shares rapidly blow past that mark, too.
What makes it so difficult to predict Tesla shares is that investors aren't pricing it based on how the company is doing now. If they were, a company with only 500,000 car sales last year would hardly be worth more than the combined value of the world's 10 most valuable automakers, which together account for the large majority of the world's nearly 75 million annual car sales.
Rather, they are betting on Tesla's ability to keep growing rapidly, and to capture a large share of the world's growing appetite for electric vehicles, or EVs. There are forecasts predicting that within 10 to 20 years, Tesla could become the world's No. 1 automaker, not just of electric cars, but of any kind of car.
Dan Ives, tech analyst with Wedbush Securities, has a base case target price of $715 for Tesla shares, and a bull case target of $1,000. His buy recommendation on Tesla is predicated on his belief that Tesla will continue its strong run.
"I think they could hit 1 million vehicles [delivered annually] by 2022. And looking at north of 3 to 4 million as we go into 2025-26, with 40% of that growth coming from China," he said. "We believe if you look out over the next 10-15 years, you could start looking at 10-12 million vehicles a year," he said. Volkswagen, the current world leader, sold 11 million cars in 2019.
That's all conjecture, of course. But what's indisputable is that Tesla stock has proven analysts wrong consistently over the run that began 15 months ago.
Elon Musk overtakes Jeff Bezos to become world's richest person
Elon Musk overtakes Jeff Bezos to become world's richest person
On October 23, 2019, just before Tesla reported the strong sales and profits that started to erase Wall Street's doubts about the stock, shares closed at $50.94 when adjusted for the subsequent stock split. They jumped 18% the next day, and were off to the races, rising a total of 1,628% since then.
It was a rise that analysts never saw coming. Their median target price in October 2019 was only about $50 at that time, adjusted for the split. The 12-month target price a year ago stood at $62.
From here, Ives points to some of the most successful tech stocks in the world and says Tesla now stands at the same point those companies did at turning points in their histories.
"If you're a core EV (electric vehicle) believer, we're still in the early days of the market playing out," he said. "I'd only compare it to what I've seen from Apple (AAPL) launching the iPhone and Netflix (NFLX) coming out with a streaming service and Amazon (AMZN) coming out with Prime."
Tesla hunts for design chief to create cars for China - sources
By Norihiko Shirouzu
BEIJING (Reuters) - Tesla Inc is searching for a design director in China, part of efforts to open a "full-function" studio in Shanghai or Beijing and design electric cars tailored to Chinese consumer tastes, according to three people with knowledge of the matter.
The U.S. carmaker's human resources managers, as well as several headhunters, have been trawling the industry over the past four months, the sources said.
They are looking for "bi-cultural" candidates with 20 or more years of experience who are familiar with Chinese tastes and can bridge the gaps between China and the United States, they added.
Some candidates have been interviewed by Tesla's global design chief Franz von Holzhausen, according to the people, though it was not clear how many potential candidates had been approached by the company and recruiters.
All three sources spoke to Reuters on condition of anonymity due to the sensitivity and confidential nature of the matter.
Tesla and von Holzhausen did not respond to emailed requests for comment.
China is the world's biggest auto market, plus the largest for all-electric vehicles with sales volumes expected to reach roughly 1.5 million vehicles there this year, according to consultancy LMC Automotive. It is also Tesla's No.2 market after the United States.
The carmaker's plans for the design studio are not fully developed, and the sources believe Tesla will likely wait for more clarity on strained U.S.-China relations under a new U.S. president before making a final decision on the move and all its details.
The talent search, which the sources said was mainly focused within China, fits with comments from Tesla boss Elon Musk early last year.
"I think something that would be super cool would be ... to create a China design and engineering centre to actually design an original car in China for worldwide consumption. I think this would be very exciting," he said at a media event in Shanghai.
FLURRY OF ACTIVITY
Musk's interest in developing cars in China is part of a broader push by Tesla to boost the company's global sales volume well past the 500,000-vehicle-a-year mark, which it came just 450 short of hitting in 2020.
All three sources said Tesla's search for a China studio director began around September, and that there was a flurry of activity as recently as December when a number of headhunters used LinkedIn and other means to approach candidates.
One of the sources, who has knowledge of Tesla's headhunting activities in China, said that once a design director was hired, Tesla would recruit the director's team which would likely be around 20-strong and include designers plus modellers who help turn design renderings into clay models.
All the sources said the planned centre aimed to be a comprehensive design outfit, with one describing it as a "full-function studio", which would not only help conceptualize the design of a car but also come up with the final shape – digital three-dimensional data - of a model.
The data could then be handed over to Tesla's vehicle engineers, who are mostly based in northern California.
Two of the sources said Tesla's China studio would likely also carry out research on Chinese consumer tastes, as well as work for cars expected to be produced at Tesla's vehicle assembly plant in Shanghai, where designs are tweaked to make sure specific components fit within engineers' specifications.
"They want to give vehicle design a lot more bias toward China; they have already done a lot here, setting up a major manufacturing site and having sold a ton of EVs, but it seems Tesla's ready to put roots down," said one of the sources.
This push might lead to a more independent Tesla China, added the person, who has spent more than a decade in the country working at design centres run by global automakers, among other places.
Chinese consumers bought around 145,000 Tesla vehicles last year, accounting for roughly a third of the company's overall global volumes, LMC said.
$25,000 ELECTRIC CAR
Two of the sources said one likely "China-specific" model was a lower-cost volume generator such as a $25,000 electric car that Musk referred to at a Battery Day event in September, which he said Tesla might aim to bring to market in about three years.
Musk said Tesla was confident it would be able to hit the market with "a very compelling $25,000 electric vehicle that's also fully autonomous".
At that price, according to two of the sources as well as industry experts, it was likely to be a compact car, smaller than Tesla's Model 3, which would be as affordable as some mainstream gasoline-fueled vehicles.
Compact cars are not big sellers in the United States where bigger, taller vehicles such as Ford's F-150 pickup truck and SUVs, as well as midsize sedans, rule the road.
They account for about 10% of America's overall vehicle market. By contrast, compacts make up 25% of sales in China, or around 5-6 million cars a year, according to consultancy LMC Automotive.
That's why the planned $25,000 car Musk has discussed would be better suited to the China marketplace, according to the two sources and industry experts.
"A compact Tesla car would do well in China, as well as the rest of Asia and Europe," said Yale Zhang, head of Shanghai-based consultancy Automotive Foresight. "It could potentially put a serious dent in sales of cars like Toyota's Corolla and the Volkswagen Golf."
(Reporting by Norihiko Shirouzu; Additional reporting by Paul Lienert in Detroit; Editing by Pravin Char)
Tesla Next Stock Split Prediction
"Tesla Stock Will Triple... DON'T Sell"
TESLA STOCK GETS MASSIVE NEWS !
TESLA STOCK GETS MASSIVE NEWS - Launching A New Variant
Tesla's $25,000 Compact Car is Ready For Production In 2022
Tesla Stock 10X Production & Valuation 2021
As stated numerous time on this board here is a video I released showing how Tesla will 10X and go to 10,000 per share this year in 2021 !
$700 quintillion Space Gold mine & Mars Colony Elon Musk's goals by 2050
Why Tesla Is Not A Bubble !
Tesla not a bubble
Tesla's growth is not an illusion: how ever your posts might be !
Tesla going to 10X to 10,000 in 2021 !
Its strategic strengths indicate a much higher valuation by 2025," Guy Hooper writes in a bullish analysis posted recently on Seeking Alpha.
https://seekingalpha.com/news/3647852-tesla-hit-500k-deliveries-in-2020-1m-2022-analyst-says
Tesla could hit 500K deliveries in 2020, 1M by 2022, analyst says
Dec. 30, 2020 7:52 AM ETTesla, Inc. (TSLA)By: Carl Surran, SA News Editor346 Comments
Tesla (NASDAQ:TSLA) could achieve its goal of 500K deliveries for 2020, thanks to strength in China and a late push in Europe and the U.S., Wedbush analyst Dan Ives says, affirming his $715 12-month price target and $1,000 potential bull case for the shares.
"Based on our initial analysis of demand and the delivery trajectory globally for Tesla in 4Q, it appears Musk & Co. will likely handily exceed Street and internal expectations," Ives writes, expecting deliveries for the quarter in the 190K-200K range than the 180K he previously called the "line in the sand."
"Heading into year-end and 2021, we are seeing a major inflection of EV demand globally with our expectations that EV vehicles ramp from 3% of total auto sales today to 10% by 2025," according to Ives, which "will disproportionately benefit the clear EV category leader Tesla over the next few years especially in the key China region which we believe could represent 40% of its EV deliveries by 2022 given the current brisk pace of sales."
Ives thinks Tesla could hit 1M delivery units globally by 2022 if China stays on its current trajectory.
TSLA +1% pre-market.
"Tesla's growth is not an illusion: Its strategic strengths indicate a much higher valuation by 2025," Guy Hooper writes in a bullish analysis posted recently on Seeking Alpha.
Tesla self-driving cars 'see' in the rain, snow and fog
Tesla Stock to 10X to 10,000 in 2021
Watch Tesla Autopilot go through a snowstorm
https://electrek.co/2019/01/28/tesla-autopilot-snow-storm/
How can self-driving cars 'see' in the rain, snow and fog?
https://www.abc10.com/article/weather/accuweather/self-driving-cars-radar-inclement-weather-rain-fog-snow/507-0438604e-ef32-4c0a-9634-99a6ec71fa12
Waymo shows how its self-driving cars navigate snow
https://www.engadget.com/2018-05-08-waymo-snow-navigation.html
Elon Musk: Tesla Level 5 Full Self-Driving (FSD) Ready in 2021
Autopilot and full self-driving (FSD) is considered one of the hottest topics when it comes to Tesla. While other automakers are waiting for someone to develop systems that could be installed into their cars, Tesla has already made tremendous progress in developing its own technology.
FSD Beta, presented in October, has already demonstrated clear success, and is able to drive a car for a long time, even in challenging road sections, without driver intervention. In parallel with this, Tesla Autopilot has already demonstrated many times over its excellence in avoiding accidents in the most difficult situations, anticipating collisions that have not yet occurred.
Yesterday, Tesla CEO Elon Musk attended the Axel Springer event ceremony, where he received the award for excellence and innovation. He said that he assumes that, in 20 years, all cars produced will be electric vehicles with fully autonomous driving. However, Musk reckons that 70-80% of cars will be autonomous in 10 years.
Musk also said that he is confident that all Tesla vehicles will achieve full autonomy in 2021. However, there will be a long process of regulatory approvals from different countries. Although, by that time, Tesla will already be able to accumulate billions of miles/kilometers of autonomous driving, which will be difficult for regulatory authorities to argue with.
Musk said that the self-driving car drives like a careful, attentive driver who never gets tired and cannot be distracted. This is the vision of the company and its aspiration. He stressed that it is important that the car brakes only when there really is an obstacle on the road, and not when AI just thinks thinks there's one.
In the US, car accidents occur every 479,000 miles, according to NHTSA data. Meanwhile, in Q3 2020, Tesla recorded one accident for every 4.59 million miles driven in which drivers had Autopilot engaged. These data demonstrate Tesla Autopilot's colossal safety performance—almost 10 times safer than a human driver.
Driverless cars learn to see in the snow.
Level 5 Autonomy no problem for snow and ice
In Canada, driverless cars learn to see in the snow
https://www.reuters.com/article/us-autos-selfdriving-canada-idUSKBN1GX2V9
Self-driving cars: This robot driver cruises through snow and ice
https://www.zdnet.com/article/self-driving-cars-this-robot-driver-cruises-through-snow-and-ice/
Watch Tesla Model S Full Self-Driving Beta Tackle The Snow
https://insideevs.com/news/462844/video-tesla-full-self-driving-snow-testing/
Elon Musk: Tesla Level 5 Full Self-Driving (FSD) Ready in 2021
https://www.tesmanian.com/blogs/tesmanian-blog/tesla-full-self-driving-release-in-2021
Firstly level 5 already exists as Elon Musk uses a beta version on the way to work everyday. It will be made available to public in 2021. When it does come out there will be no restrictions and not regulated by any geofencing area determined by the Government. As Tesla and Elon Musk are responsible for determining these parameters and direct the government on these limitations.
In winter conditions Tesla level 5 automous excels and can save millions of lives. As Tesla does use a lidar system but instead a series of. highly advance robotic cameras in conjunction with A.I software.
Waymo & Cruise are not limited in scope but limited to licensing by the. US government.
Wrong again as the geofence Tesla uses is not limited to 1 metro or is limited by the number of vehicles because the perimeter for a real-world geographic area mapped by Tesla could be dynamically generated by Elon Musk and used with a radius around a point location or pre set boundaries determined by Tesla.
Elon Musk Controls The Worlds Magnetic Field ! Tesla Stock 10X to 10,000 in 2021
Please refer to Harvard and MIT studies that prove why Elon Musk can control the worlds magnetic Field with the Help of SPaceX
*All Tesla cars starting in 2022 will have EM shield warranties for life
*Cybertruck already has EM shielding exoskeleton because Elon Musk will be taking this to use on Mars
* United States Department of Homeland Security says risk of Geomagnetic storm, highly unlikely, extremely rare and not a concern of there's. https://www.oecd.org/governance/risk/46891645.pdf
* Climate change has nothing to do with Geomagnetic changes in climate and in the atmospheric circulation. https://www.sciencedirect.com/science/article/abs/pii/S1364682697001193
Here is why Tesla is headed to 178,000 per share !
Tesla Is Already a Trillion-Dollar Company. Here’s Why.
Tesla 10X to 10,000 per share by 2021 !
Tesla Is Already a Trillion-Dollar Company. Here’s Why.
By Al Root
Updated Jan. 8, 2021 5:00 pm ET / Original Jan. 8, 2021 10:56 am ET
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Tesla electric vehicles at the company's supercharger station in Hawthorne, Calif.
Patrick T. Fallon / AFP via Getty Images
Friday morning, electric-vehicle pioneer Tesla hit $800 billion in market cap—and only four days after passing the $700 billion mark. But if you include its executive stock options, Tesla is the fifth trillion-dollar company in the U.S.
Tesla (ticker: TSLA) shares closed 7.8% higher on Friday at more than $880. That gives the company a market value of more than $830 billion, based on 950 million shares outstanding. The S&P 500 and Dow Jones Industrial Average rose 0.6% and 0.2%, respectively.
But Tesla’s fully diluted share count—including stock options and warrants and convertible debt, which are all deep in the money—is about 1.2 billion, according to data provider FactSet. (”Deep in the money” means the price paid to get that stock is far below where shares trade. It is highly likely the options and warrants will become stock in the future.) That gives Tesla a market value north of $1 trillion for the first time. Tesla now joins Microsoft (MSFT), Apple (AAPL), Amazon.com (AMZN), and Alphabet (GOOGL).
That’s the how of Tesla’s $1 trillion valuation. The why seems to be because former bearish investors are coming around. RBC analyst Joseph Spak wrote earlier this week that he got Tesla stock “completely wrong” and upgraded shares to Hold from Sell. He doubled his price target to $700 from $339.
Friday, Evercore ISI analyst Chris McNally also upgraded Tesla to Hold from Sell. His target went to $650 from $225. Like Spak, he acknowledged being on the wrong side of the Tesla trade for a while.
Those are bears becoming slightly less bearish. The bulls are still bullish. Morgan Stanley analyst Adam Jonas rates Telsa stock Buy and raised his price target earlier this week to $810 from $540. It took about a day for Tesla stock to eclipse what was the new highest price target on the Street.
Analysts are raising their price targets because they now project faster adoption of EVs for the next few years. Spak, for instance, used to model 1.3 million in vehicle sales for Tesla in 2025. He raised that to 1.7 million this week. What’s more, he expects Tesla’s electric-battery market share to be about 16% in 2025, down from more than 20% today. More EVs are coming from other auto makers, but he expects Tesla to remain No. 1 for the next few years at least.
It also doesn’t hurt Tesla’s share price that EV deliveries in the fourth quarter exceeded analyst expectations.
Fully Autonomous RoboTaxi Already Exist !!
Zoox unveils a self-driving car that could become Amazon’s first robotaxi
https://www.theverge.com/2020/12/14/22173971/zoox-amazon-robotaxi-self-driving-autonomous-vehicle-ride-hailing
Waymo Robotaxi
https://www.forbes.com/sites/bradtempleton/2021/12/28/robocars-2020-in-review--winter-to-spring/?sh=681e9ebe59dd
Elon Musk Says Tesla Has No Competition !! share price to reach 10,000 in 2021 !
"Our true competition is not the small trickle of non-Tesla electric cars being produced, but rather the enormous flood of gasoline cars pouring out of the world's factories every day," wrote Musk.
https://www.inc.com/justin-bariso/elon-musk-had-a-private-meeting-with-volkswagens-ceo-its-a-brilliant-lesson-in-emotional-intelligence.html
Model 3 is not getting crushed by VW ID3 but instead Tesla does not have the ability to produce enough cars to meet demand ! Volkswagen boss Herbert Diess asked Elon Musk to test the ID3 and offer his advice. Why would they do this if there supposedly crushing Tesla...lol I know why because Tesla has no competition. Here is a list why its game over :
*Tesla does not outsource any production of its parts
*Tesla autonomy level 5 is 13 years ahead of its competitors and the only one that does not use Lidar but instead cameras and A.I intelligence
*Tesla owns all its dealerships, service centers and charging networks
Tesla Giga Factory and Giga Press produce more cars than conventional car factories with 50% less parts.
*Tesla sells it's own insurance
*Tesla will be the first automobile manufacturer to sell a $25,000 EV Car capable of Autonomous driving capabilities
*Tesla is the only EV company on earth that will get free satellite internet service from its sister company SpaceX
*Tesla is the only EV company that will own its own mine
*Tesla is the only EV company that will be manufacturing their own batteries
*Tesla is the only EV company that has a battery recycling program in place
*Tesla is the only company that owns a solar renewable energy network with future cell technology to be used to power tesla cars.
Here is why Tesla Cybertruck is revolutionary and has the edge over everyone else
https://theconversation.com/love-it-or-hate-it-teslas-cybertruck-is-revolutionary-128076
Tesla has two main advantages that will likely make the Cybertruck a winner.
First, Tesla has an advanced and extensive charging network that allows the owners of its products to quickly refuel. There are currently more than 14,000 superchargers worldwide.
Second, Tesla has invested heavily in battery technology and manufacturing. Its gigafactories are expanding and using more renewable energy, including solar power, to reduce the ecological footprint of batteries. As a result, Tesla is able to scale up production and will probably be able to keep the cost of its vehicles lower than competitors.
Tesla’s Cybertruck and the growing number of offerings by other manufacturers of EVs likely represent the beginning of a larger transition away from internal combustion engines.
Tesla Is Years Ahead Of Competitors With No Signs Of Stopping
https://www.forbes.com/sites/moorinsights/2020/03/05/tesla-is-years-ahead-of-competitors-with-no-signs-of-stopping/?sh=63e2814e9f45
Remember despite what others says Tesla has no competition. Infact Elon Musk recently said he would be open to acquiring other Car companies like Ford , GM or VW but when pushed said it would not be a hostile take over.
The same people that said Amazon was a in bubble, Apple was in a bubble are now saying Tesla is a bubble. Tesla has already made millionaires and will be making many more in the coming years. When one resorts to name calling by calling it a Ponzi Scheme it validation for us longs that we won !
Here is why Tesla is going to 10X in price this year 2021 and reach a high of 10,000
Tesla Stock Will 10X in 2021,Why you should never sell tesla stock: Chamath Palihapitiya
Tesla Stock Outshines Even During Market Crash ! Tesla to 10X to 10,000 in 2021. !
In 2019 Elon Musk said that Tesla would surpass the value of Apple making it the worlds largest company before 2024
He also stated that in a " Force Major " event such as a war, natural disaster, government cout or pandemic that Tesla would grow profits by 50% every year.
Elon Musk also stated that he has the technology to reverse the Earth's Magnetic Fields which would have wide reaching ramifications on investors trying to short the stock by promoting disingenuous conspiracy theories by trying to manipulate the stock price in there favour.
Tesla Stock Will Double in 2021,Why you should never sell tesla stock: Chamath Palihapitiya
Elon Musk Won Game Over ! Stock To 10X In 2021 !
Points to Consider:
* S&P inclusion means the stock is more stable and cant be shorted or dumped.
* Tesla is saving lives and the planet
Over 550K Tesla vehicles have been sold, and they have driven over 10B miles to date, resulting in a combined savings of over 4M metric tons of CO2. This is the equivalent of saving emissions from being released into the environment from over 500K ICE vehicles with a fuel economy of 22 miles per gallon (MPG).
* Tesla solar city will generate trillions in dollars for Tesla
https://markets.businessinsider.com/news/stocks/tesla-stock-outlook-valuation-trillions-renewable-energy-worth-earnings-palihapitiya-2020-7-1029425739
* Tesla cars cant fill the global demand let alone Europe or Asia. Even if Tesla could produce 5 million cars per year they still would not be able to meet demand. Mean while ICE cars are sitting in parking lots with no demand.
* Most developed nations have banned the sale of ICE vehicles by 2030-35
* Tesla spends Zero on Marketing
* Tesla owns all of its charging stations
* Tesla Owns everything, you cant buy a dealer ship or maintenance garage as there all owned by Tesla
* Tesla will own its battery production and every part is made in house making Tesla 100 self sufficient and not dependent on anyone.
* Tesla will be mining its own minerals for its batteries
* Tesla insurance business will be worth Trillions
* Tesla Software supcription business will be worth trillions
* Tesla Robo Taxi will generate trillions
* Tesla's $25,000 model car with Robot taxi business will bankrupt All Ice Vehicle manufacturers.
* Tesla SpaceX will provide internet services to all Tesla cars globally
* Tesla powerwall will end our dependency on the electric grid and is worth trillions
* Elon Musk has plans for a Electric Plane
* Giga Factory and giga press will be expanding factories all over the world
* Tesla Power Wall and Solar Roof will be expanding with factories globally
*Prior to S&P inclusion Tesla Stock was already the number one company held by funds. There wont be any additional scrutiny intact its the opposite they will be vindicated as a power house and global disruptor making it a leader.
* Tesla has never lost a lawsuit the ones pending regarding suspension and the sale of solar city incase they did lose would not cost them more then 2 billion which is a joke considering there worth over 1 trillion.
* Lastly Elon Musk said in 2019 that Tesla would over take Apple and be the world largest company. He also went on to say in a " Force Majore " event like war, natural disaster or economic recession that Tesla would still grow by 50% per year ! He was right during covid 19 the stock price rose from 200.00 USD per share to $2000.00 USD per share !
Tesla is now on track to hit 10X this year or $10,000 per share and 178,000 per share by 2030 !
Tesla Saves Lives & Planet Earth
Top Reason why Tesla EV cars are superior to Gas
How much does it cost to recharge your plug-in EV? At this point in time, most publicly accessible chargers provide the power for free. ... These include both DC and AC stations that can service all plug-in EVs on the road.
EV Vehciles cost nothing to charge if you use public chargers that are free
EV cars last forever and never need to be replaced unlike gas cars that have limitations
EV cars can last 60+ years while the average gas car needs to be replaced every 7-10 years !
EV cars are 90% less cost effective in maintenance then gas cars
Ev cars motors can go more then 1 million miles unlike gas that only get 200K miles before breaking down
EV. cars are. better for the. environment when you consider gas cars are 90% more wasteful in parts, usage of gas and oils that pollute the earth.
EV cars will save millions of. lives per year ! millions of people die from polluting gas glazing cars ! more then 10 billion alone is lost in the USA. attributed to eco waste that damages the environment from the emmisons of gas cars including the death of nature, plants, animals, fish and polluting. water
Tesla Stock Price Will 10X In 2021
Tesla Going To 10,000 In 2021 !
Remember people did not think it was going to go from 200 to 2,000 in 2020 !! that's a 10X return.
So going from 880.00 today to 10,000 is not a stretch and is expected based on Tesla hyper growth plans in 2021
Also don't forget Cathy woods 4000 Tesla prediction pre split was hit 2 years early !!
Tesla can go to 4500.00 with no pull back ! even if there are. pull backs they will be minor. Tesla now added to. the. S&P 500 has solidified its. self a the best company in the world'
It is. extremely undervalued, most investors of Tesla are holding long term, only kids or other amateurs are day trading or swing trading for fun.
the. real money is made long term 10 years + when Tesla will be trading at 178,000 per share ! Tesla will be on. a 40 year bull run !
The automobile industry will be consolidating. It was rumoured today that Tesla could be buying GM. The future of EV cars, Robo Taxi , Space, Solar and Disruptive technologies is owned by Tesla !
Tesla on track to hit 178,000 per share !
Tesla stock approaches $900 in its longest-ever winning streak, as another analyst leaves bear camp
https://www.marketwatch.com/story/tesla-stock-approaches-900-in-its-longest-ever-winning-streak-as-another-analyst-leaves-bear-camp-11610123997?link=sfmw_fb&fbclid=IwAR0AO2JCgotuVEU-_5RPur3zvPzWM6kUN0QuXbV8JlmPOzbLnDaAcJEOdBw
Tesla Inc. stock approached $900 on its way to another record close on Friday, stretching its winning run to an unprecedented 11th trading day.
Tesla TSLA, +7.84% shares rose as much as 7.3% to hit an intraday high of $875.38. The stock is up 36% over its 11 sessions of gains, the longest winning streak on record.
The stock boost also pushed Tesla’s market capitalization to $824 billion, thus making Tesla the fifth largest U.S. company by market cap. Tesla’s market valuation surpassed Facebook Inc.’s FB, -0.44% on Thursday. Tesla has added more than $105 billion in market value this week alone.
Earlier Friday, analysts at Evercore ISI upgraded their rating on the stock to the equivalent of hold, from sell, saying that they have been “on the considerably wrong side of (Tesla) for over a year now,” they said in a note.
Their neutral stance now matches the ratings of 15 out of the 37 analysts covering Tesla and surveyed by FactSet. Of these, 12 have a buy rating on the stock and 10 have a sell rating.
For five years, “we have viewed (Tesla) as a ‘growth + premium auto,’” an “attractive” premium EV maker company that “would grow for a very long time & would sell x numbers of vehicles in x eventual outyear….but was still an auto company,” they said.
Related: Tesla and other EV makers report record sales, sending stocks to new highs
“In reality (hindsight & rationalization, never predicted), we believe tech/retail investors see (Tesla) as two separate tech companies,” one that is a market leader in electric vehicles and another offering driverless-car technology, solar-power stationary storage, battery and powertrain technologies and others.
Moreover, Tesla is “in the best position” to capitalize from any upside from climate initiatives from the new Biden administration and a “blue” Senate, the Evercore ISI analysts said.
Stocks of several clean-energy and related companies also rallied on Friday, with American depositary receipts of China-based electric-vehicle maker Nio Inc. NIO, +8.55% and shares of alternative-energy company Bloom Energy Corp. BE, +3.67% among the top gainers.
Shares of Tesla have gained 796% in the past 12 months, compared with gains around 17% for the S&P 500 index. SPX, +0.55% Tesla was added to the benchmark index last month.
Tesla's Save Lives & Billions In Health Costs In 2050: ALA report
https://www.teslarati.com/tesla-evs-save-lives-70b-health-costs-american-lung-association-report/
The American Lung Association recently published a report advocating for a nationwide transition to electric vehicle (EV) transportation. Specifically highlighting public health, air quality, and climate change benefits that will be brought about by the widespread use of electric cars, the organization estimates over 6,000 saved lives, $70 billion dollars in health cost savings, and $113 billion dollars in climate-driven savings in 2050 if zero emissions from vehicles are achieved by that year.
“The widespread transition to zero-emission transportation technologies could produce emission reductions in 2050 that could add up to $72 billion in avoided health harms, saving approximately 6,300 lives and avoiding more than 93,000 asthma attacks and 416,000 lost workdays annually due to significant reductions in transportation-related pollution avoiding more than 93,000 asthma attacks and 416,000 lost workdays annually due to significant reductions in transportation-related pollution,” the report summarizes.
“[T]he benefits to our environment in the form of avoided climate change impacts, as expressed as the Social Cost of Carbon, could surpass $113 billion in 2050 as the transportation systems combust far less fuel and our power system comes to rely on cleaner, non-combustion renewable energy. This value reflects a range of negative consequences to health, agricultural productivity, flood risk and other adverse impacts generated by carbon emissions in the form of global climate change.”
Tesla’s sudden accelerations were user error, US government says
BREAKING NEWS !! WE WON !! TESLA GOING TO 10,000 in 2021. All issues reported with Tesla are all human error and nothing to do with TESLA !!!!!!!
The National Highway Traffic Safety Administration declined to open a full investigation
By Sean O'Kane@sokane1 Jan 8, 2021, 12:12pm EST
The National Highway Traffic Safety Administration has ended a year-long review of claims that some Tesla vehicles were accelerating without warning, saying there is not enough evidence to open a full investigation. While NHTSA received 246 complaints about this “sudden unintended acceleration” phenomenon, the agency says that “pedal misapplication” was the cause of the problem in every case for which it had data to review — user error, in other words.
“There is no evidence of any fault in the accelerator pedal assemblies, motor control systems, or brake systems that has contributed to any of the cited incidents,” the agency wrote in a summary published Friday. “There is no evidence of a design factor contributing to increased likelihood of pedal misapplication. The theory provided of a potential electronic cause of SUA in the subject vehicles is based upon inaccurate assumptions about system design and log data.”
TESLA HAS BEEN DOGGED BY CLAIMS OF SUDDEN ACCELERATION FOR YEARS
Claims of so-called “sudden unintended acceleration” have dogged Tesla for years. The company settled most of a purported class action lawsuit in 2018 over the issue. NHTSA says it collected crash data and video from cars’ “black box” event data recorders and from Tesla itself. While 246 cases were reported, the agency did not specify the amount of cases for which it collected data. The issue was thought to affect some 662,000 vehicles across Tesla’s lineup.
The review was opened in January 2020 in response to a “defect petition” by Brian Sparks, an investor who was shorting Tesla’s stock (or betting that the price would go down). He corralled more than 100 complaints about the issue that had already been submitted to NHTSA, as well as similar events that had been covered in the press, and asked the agency to investigate.
Tesla cleared in NHTSA investigation over claims of ‘sudden acceleration’
The National Highway Transportation Safety Administration (NHTSA) has closed a review of 662,000 Tesla electric vehicles after finding no defects that caused sudden acceleration.
The NHTSA and the U.S. Department of Transportation released an Office of Defections Investigation (ODI) Resume on January 8, 2020, showing that a petition that “alleges that the subject vehicles contain a defect that can cause sudden unintended acceleration, which may result in crash and injury” had no basis.
WE WON !!! TESLA GOING TO 10,000 in 2021 and 178,000 by 2030
5 new giga factories opening
Possible buy out of GM
20 New car designs to be revealed from Tesla Germany
Robo Tax Autonomy Level 5
25,000 dollar car to be released
Tesla Semi Trailers
Tesla CyberTrucks
Tesla ATV
Tesla merge with SPaceX
Can you say 100 trillion evaluation coming ! !! game over shorts !!! long has won !!!
Charts & T/A show Tesla to 5X in stock price to 4000 per share short term !!
Tesla going to 10,000 in 2021
178,000 per share by 2030
Tesla incidents of ‘accelerating by themselves’ were due to driver using wrong pedal, NHTSA says
WE WON !!! TESLA EXPLODING NOW ON BREAKING NEWS BELOW !!! TESLA 10,000 PER SHARE IN 2021 IS GOING TO HAPPEN. NOTHING STOPING US !!
https://electrek.co/2021/01/08/tesla-incidents-accelerating-by-themselves-driver-wrong-pedal-nhtsa/
Jan. 8th 2021 12:30 pm ET
@FredericLambert
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The incidents of sudden acceleration involving Tesla vehicles where drivers said that the vehicles were “accelerating by themselves” were due to user errors, according to a NHTSA investigation.
Tesla Sudden Acceleration
Last year, we reported that the National Highway Traffic Safety Administration (NHTSA) said that it is looking into claims that Tesla vehicles have a defect leading to “sudden unintended acceleration” after receiving a petition citing 127 claimed incidents.
As we stated at the time, several claims of sudden unintended acceleration involving Tesla vehicles have been made public over the years. The most publicized one involved a South Korean celebrity claiming his Model X accelerated on its own into his garage.
However, in every case, including that one, Tesla claimed that the car’s log showed that it was a user mistake due to pedal misapplication, meaning that the driver pressed on the accelerator instead of the brakes.
In one case, Electrek was able to have Tesla’s log verified by a third party, and it supported the automaker’s claims that it showed the driver pressed on the accelerator.
Following the NHTSA investigation, Tesla issued a statement claiming that there are no defects in its vehicles resulting in unintended acceleration and that the petition with NHTSA was started by a TSLA short seller.
Tesla is also facing a similar investigation in China.
NHTSA Investigation
NHTSA’s Office of Defects Investigation (ODI) issued the results of its investigation today confirming that it found that the incidents were due to “pedal misapplication” — in other words: drivers pressing the wrong pedal.
They wrote in the report:
“After reviewing the available data, ODI has not identified evidence that would support opening a defect investigation into SUA in the subject vehicles. In every instance in which event data was available for review by ODI, the evidence shows that SUA crashes in the complaints cited by the petitioner have been caused by pedal misapplication. There is no evidence of any fault in the accelerator pedal assemblies, motor control systems, or brake systems that has contributed to any of the cited incidents. There is no evidence of a design factor contributing to increased likelihood of pedal misapplication. The theory provided of a potential electronic cause of SUA in the subject vehicles is based upon inaccurate assumptions about system design and log data.”
Tesla 178,000 per share explained !!
Tesla could buy GM & FORD !!
Tesla now valued close to 1 trillion could be in a position to buy Ford & GM or any other Automobile Manufacturer. Elon Musk said he would not initiate a hostel take over but would be interested in merging and acquiring other car companys going forward !!
Tesla 10,000 per share in 2021 !!
'Don't sell a share': Billionaire investor Chamath Palihapitiya says Tesla's stock could triple from current levels, making Elon Musk the first trillionaire
The billionaire investor Chamath Palihapitiya told CNBC on Thursday that Tesla's stock could be worth three times its current valuation, which would make CEO Elon Musk the first trillionaire.
On Thursday, Tesla shares shot up 6.9%, and Musk surpassed Jeff Bezos as the richest person on the planet.
Palihapitiya said that Tesla was a "distributed energy business" and that he'd believed for a while that the world's first trillionaire would be a person fighting climate change.
"Delivering clean energy, allowing the world to be sustainable, is an incredibly important thing that will be rewarded by markets and individuals," Palihapitiya said.
"Don't sell a share" of Tesla, he told investors.
Watch Tesla trade live here.
The billionaire investor Chamath Palihapitiya said Tesla's stock could be worth three times its current valuation, which would make CEO Elon Musk the first trillionaire.
"Don't sell a share" of Tesla, Palihapitiya told investors in a CNBC interview on Thursday. He advised investors to get behind Musk and other entrepreneurs who wouldn't bend to short-term profits and who were striving to make the world a better place.
"I don't understand why people are so focused on selling things that work," the Social Capital CEO added. "When things are working, you're paid to stay with people that know what they're doing. And this is a guy who has consistently been one of the most important entrepreneurs in the world. And so why bet against him?"
Musk surpassed Jeff Bezos as the richest person on the planet on Thursday. Tesla shares shot up as much as 6.9%, to $808.69, boosting the net worth of its CEO to about $186 billion.
Tesla Stock To Split Again ! In 2021
Tesla The First Quadrillion Dollar Company !!
Elon Musk has said the mining industry plays a crucial role in every aspect of our lives as they supply raw materials needed for almost everything; from building bridges to smartwatches on your wrist. But mining operations are not sustainable and comes with increasingly critical environmental cost. One that may require us to consider other options outside of our planet Earth. So, how do we achieve this outlandish goal?
Elon musk has proposed a spaceship that can land on an asteroid. However, there is still a lot of work that needs to be done. As mentioned earlier, to make the trip to the asteroid belt viable and economically feasible, first we have to construct a spacecraft station on the moon. So how far away are we from space mining? Probably not this century but who knows, Elon Musk, Tesla + Spacex might come up with some crazy ideas and propel space mining forward and make it a reality in 21st century.