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$TSLA Automotive Revenue 2022 $71.5 billion
Profit: $12.6 billion
Megapack estimated Revenue 2023: $20 billion
Megapack estimated profit 2023: $5-10 billion
Let that sink ?? in #TESLA
7,729 Megapack XL per year.
@ $2M per = ~$15B in Revenue.
@ 25% margin = $3.75B in Profit.
BREAKING:
@Tesla
has released a new video showing off their new Megafactory, the largest utility-scale battery factory in North America.
Tesla says the factory can produce one Megapack 2 XL every 68 minutes.
BREAKING: @Tesla has released a new video showing off their new Megafactory, the largest utility-scale battery factory in North America.
— Sawyer Merritt (@SawyerMerritt) February 3, 2023
Tesla says the factory can produce one Megapack 2 XL every 68 minutes. @Tesla_Megapack🔋 pic.twitter.com/N04by6ohO9
Under new proposed Treasury guidelines announced today, all $TSLA M-Ys will qualify for the $7,500 IRA EV credit, not just the 7-seat trims.
Tesla China’s sales in January were 66,051 units.
YoY double increases and creating the best performance in its history.
Tesla China’s accumulative sales volume in China has reached 1 million/Tesla has gained the recognition of "1 million" car owners in the Chinese market $TSLA
Tesla’s revenue every hour in 2022 amounts to ˜ $9M. In 2023 revenue should be comfortably over $15M/h and close to $150b for the year
Tesla will set new all time high in April. Mega packs completely discounted. Cost down, unlimited demand
KoGuan Leo
@KoguanLeo
To sum up:
I purchased 2.6 mil shares of Tesla this month alone
In total, 25,825,000 shares in cold storage now
More to come, I plan to add 500,000 shares later
I reveal to show my true support of Tesla and strong
commitment for green and safer ecology for us all
Quote Tweet
KoGuan Leo
@KoguanLeo
·
23h
Folks,
The one maybe fake but Tesla is real
Failed to buy 1,000,000 @ $160 for $160 million
So, I bought nobody but 900,000 @ $180 for $162 million
I want nobody, nobody nobody but Tesla twitter.com/koguanleo/stat…
Tesla prices back to where they were 2 years ago as cost has come down and production capacity has skyrocketed. This should be the final nail for legacy auto. Back to unlimited demand. Watch stock drop then recover rapidly.
tesla is a tech company and (almost) nobody understands their Megapack offering and how that alone will contribute billions to the bottom line starting in 2023.
what do you prefer, assuming you drive a Tesla
Lathrop could produce Megapack profits of $10b this year, let that sink in
yeah, probably will happen years earlier
Cathie Wood Sees Tesla Stock Hitting $500 By 2026 Even Without Autonomous Driving & Ride-Hailing Service
5:49 pm ET January 7, 2023 (Benzinga) Print
Tesla, Inc. (NASDAQ: TSLA) bull Cathie Wood-run Ark Invest on Friday gave a new perspective on the firm's long-term price target for the stock of the electric vehicle maker.
What Happened: Ark’s 2026 price target for Tesla stock would be about $500 per share, based on its EV business alone, the firm’s analyst Tasha Keeney said. The projection is adjusted for the 3-for-1 stock split that became effective on Aug. 25, 2022.
This represents additional context to the 2026 (pre-split) price target of $4,600 the firm announced in mid-April 2022.
Keeney noted that the firm is removing autonomous driving and any form of ride-hail from the valuation framework. The firm believes that these two factors will drive more than 60% of Tesla’s value over the next five years.
She noted that the $500 per share projection is more than a four-times increase from the stock's current levels.
Removing autonomous driving & any form of ride-hail, which we believe will drive >60% of Tesla's value over the next 5 years, our 2026 price target would become roughly $500/share (post split) based on EVs alone, more than a 4X increase from current price.https://t.co/SWx3ZlQKHT
— Tasha Keeney (@TashaARK) January 6, 2023
While referring to Keeney’s tweet, Ark Invest’s Sam Korus said the company’s superior drivetrain efficiency and low battery costs should make it one of the best positioned to weather any cyclical slowdown for automakers.
“As it has done in the past, it can be the first to lower prices, which puts pressure on other automakers,” he added.
See also: Everything You Should Know About Tesla Stock
Enormous EV Opportunity: Re-upping the analysts’ view, Wood said Tesla does not need autonomous ride-hail to be a success. “The EV opportunity alone is enormous,” she added.
Tesla’s goal, according to the fund manager, has been to drive prices down and increase EV adoption. At the March 1 Investor Day, CEO Elon Musk could announce a step-function drop in pricing to $25,000 for the next-gen EVs, she said.
Wood noted that gas-powered vehicles boomed at that price point.
EVs To Dominate: Going by the historical demand response to the $25,000 price point in gas-powered vehicles, Ark expects EVs to scale from about 8.5 million in 2022 to about 60 million units, or roughly 75% of the market, during the next five years, Wood said. This estimate could prove conservative, she added.
Tesla, the analyst said, is three to four years ahead of the competition in battery costs and is in a world of its own in chip design and data assets for autonomous mobility. To explain it further, she said it is like making a comparison between Apple, Inc.’s (NASDAQ: AAPL) chip design for smartphones and that of Nokia, Motorola, Ericsson and Blackberry.
Tesla closed Friday’s session at $113.06, a 2.47% rise, according to Benzinga Pro data.
Elon Musk
@elonmusk
Replying to
@WholeMarsBlog
Looks like V11.3 will be ready for wide release in about 2 weeks. Many major improvements.
70k orders day 1 so looks to work imho
Silver lining is that Tesla manufacturing cost is coming down. Nobody close to Tesla as far as output volume, margin and speed. We're getting close to a 2023 PE of 10. Tesla volume is about 10% of Toyota but they make 8x the profit.
Cybertruck orders around 1.5M.
Model 3 in China is now $35k, when Berlin and Austin reached same volume production they could sell at same price and still maintain my 20% margin. A $25k car would be nice and that could end up being the model 3 on new platform where cost has been reduced 25%.
General market sucks, mainly because of crazy policies from respective governments but when it turns Tesla should be in the very best position.
Key dates would be Jan 20 and then q1 results.
In my opinion the turn around is about 6 months away but the stock will be a leading indicator.
U.S. Auto sales through Q3.
Tell me about competition? The media shares misinformation to change perception. $TSLA
Tesla - 900K
Ford - 41K
GM - 22K
VW - 11K
Hyundai - 21K
Kia - 22K
Lucid - 1.5K
Audi - 11K
BMW - 3K
Porsche - 6K
Volvo - 4K
Rivian - 12K
MB - 7K
Could get to $70 which would be about a PE of 10 on 2023 earnings. It also does not help that the current admin is attacking Tesla any which way, latest being the EV Tax Credits (The name is also dishonest as Hybrids also count, gas guzzlers with 1KW battery - what a joke)
NIO, LI and XPEV grow 19% and the stocks are up 4,7 and 7%. Tesla grows 40% and stock is down 9%. Complete Disconnect.
LI Auto - negative PE
XPEV - negative PE
Nio - negative PE
Tesla Launches Megapack Order Page & Pricing
ByJohnna CriderPublishedJuly 17, 2021
26 Comments
Tesla has launched a new order and pricing page for its Megapack, which provides utility-scale energy storage. Up until recently, there have been very few details on the Megapack since Tesla was only selling them business to business. (Though, see: “Tesla Megapack, Powerpack, & Powerwall Battery Storage Prices Per KWh — Exclusive.”) Today, pretty much anyone who wants one can order a Tesla Megapack.
Screenshot of Tesla’s Megapack order page.
According to the order page, the price in California starts at $1,235,890, and Tesla requires $5,000 down. This doesn’t include taxes or annual maintenance. Prices do vary by state. Customers can order up to 1,000 Megapacks, and if they do, the costs per unit decline with each additional Megapack order.
On its website, Tesla said that it took everything it knew about battery technology to enable the world’s largest energy projects. For these giga-scale projects, a 1 gigawatt-hour (GWh) project provides enough energy storage capacity to power every home in San Francisco for 6 hours.
For those ordering the Tesla Megapack, the earliest deliveries will occur in 2022, but not for all states. California, Nevada, and Texas have 2022 delivery estimates, while others, including my own state of Louisiana, have 2023 estimated delivery dates. The price of the Megapack for Louisiana is $1,252,810.
Tesla shared some of the ways a business can use the Megapack in addition to Large Semi order customers certainly would need one for charging.
Renewable smoothing. Smooth out the intermittency of renewables by storing and using the energy as needed.
Transmission and Distribution Investment Deferral. Postpone costly grid infrastructure upgrades by supplying power at a distributed location to defer the need to upgrade aging infrastructure.
Voltage Support. Inject and absorb reactive power to maintain local voltage levels on the grid.
Capacity Support. Discharge at times of peak capacity to reduce demands on distribution and transmission. infrastructure.
Microgrid. Build a localized grid that can disconnect from the main power grid.
Market Participation. Provide service to the grid in response to signals sent by system operators.
Frequency Regulation. Maintain grid stability by rapidly changing charge or discharge power in response to changes in grid frequency.
Elon Musk
@elonmusk
Replying to
@teslaownersSV
and
@Tesla
Long-term fundamentals are extremely strong. Short-term market madness is unpredictable.
Elon Musk
@elonmusk
Replying to
@WholeMarsBlog
Tesla Megapack (and Powerwall) will make a massive difference to achieving a sustainable energy future for Earth!
From December 14, old news
Also, these guys are not considering Lathrop Mega Battery packs, 10K/year, sold out. At $1.2M/unit that's $12b/year revenue at huge margin!
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Tesla confirms it can manufacture
Tesla confirms it can manufacture
December 30, 2022
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Tesla Energy does not get as much attention as the company’s electric vehicles, but it has achieved its own fair share of milestones over the course of 2022. And thanks to the Lathrop Megafactory, which produces Megapack batteries, Tesla Energy could very well achieve even more milestones in the coming years.
Tesla recently listed a summary of its most important accomplishments in 2022. Among these was the opening of the Megafactory, which is located in Lathrop, California. The Megafactory is quite unique in the way that it specifically produces the company’s Megapack batteries, which are designed for commercial use. And as per Tesla’s recent Twitter posts, the Megafactory can produce 10,000 Megapack units per year.
That’s a substantial number of Megapacks from the Lathrop Megafactory alone. At over $2 million each, a production of 10,000 Megapacks per year could provide Tesla with sales of over $20 billion. Provided that Tesla’s gross profit per Megapack is significant, the company could start to see Tesla Energy’s contributions to its bottom line grow substantially in the coming years.
Elon Musk predicted way back in 2014 that “there’s essentially quasi-infinite demand for energy storage if the energy density and the price are good enough.” Considering the progress of the battery sector in recent years, the time may be ripe for battery storage systems to become mainstream. The wait times for the Megapack certainly suggest that Musk was onto something when he made his prediction in 2014, as the earliest estimated deliveries for the commercial battery on Tesla’s website are listed at Q3 2024.
So far, all eyes would likely be on the Megafactory to see just how well Tesla could ramp the production of the Megapack. Aerial flyovers of the facility this month suggest that just like plants like the Fremont Factory, the Lathrop Megafactory is currently pushing hard to produce and deliver as many Megapacks as possible before the end of the year.
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Then they spent a ton on a building sign in Miami, 10's of millions - how nutty!
"Tesla belongs to the Zacks Automotive - Domestic industry."
Wrong classification as it is a hybrid of energy, automotive and technology
Strength Seen in Tesla (TSLA): Can Its 8.1% Jump Turn into More Strength?
6:06 am ET December 30, 2022 (Zacks) Print
Tesla (TSLA) shares soared 8.1% in the last trading session to close at $121.82. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 42.1% loss over the past four weeks.
Shares of Tesla were up for the second straight day yesterday, after a seven-session losing streak. The electric vehicle (EV) leader has been witnessing massive sell-off lately and is the most oversold that it has ever been. There has been no specific news/development, which could account for the recent price surge. So, this might just be a brief respite and could be part of a late Santa Claus rally. Given the rising economic uncertainty, growing angst over Musk’s Twitter focus and fresh production challenges in China amid soaring COVID-19 cases, we don’t expect the rally to have legs.
This electric car maker is expected to post quarterly earnings of $1.19 per share in its upcoming report, which represents a year-over-year change of +40%. Revenues are expected to be $25.23 billion, up 42.4% from the year-ago quarter.
Earnings and revenue growth expectations certainly give a good sense of the potential strength in a stock, but empirical research shows that trends in earnings estimate revisions are strongly correlated with near-term stock price movements.
For Tesla, the consensus EPS estimate for the quarter has been revised 3.2% lower over the last 30 days to the current level. And a negative trend in earnings estimate revisions doesn't usually translate into price appreciation. So, make sure to keep an eye on TSLA going forward to see if this recent jump can turn into more strength down the road.
The stock currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>
Tesla belongs to the Zacks Automotive - Domestic industry. Another stock from the same industry, Harley-Davidson (HOG), closed the last trading session 1.8% higher at $41. Over the past month, HOG has returned -14.5%.
For Harley-Davidson, the consensus EPS estimate for the upcoming report has changed +110% over the past month to $0.03. This represents a change of -78.6% from what the company reported a year ago. Harley-Davidson currently has a Zacks Rank of #2 (Buy).
Remember Betamax
Time for you to buy some short shorts
Deutsche Bank analyst Emmanuel Rosner maintains Tesla (NASDAQ:TSLA) with a Buy and lowers the price target from $355 to $270.
Tesla is now trading at <20x Q4 cash
Top 10 Owners of Tesla Inc Dec 16, 2022
% ownership shares owned $ value bought/sold change
The Vanguard Group, Inc. 6.40% 202,187,553 39,365,916,569 +7,935,813 +4.09%
BlackRock Fund Advisors 3.51% 110,843,371 21,581,204,334 +4,437,346 +4.17%
SSgA Funds Management, Inc. 3.16% 99,647,239 19,401,317,433 +4,284,067 +4.49%
Capital Research & Management Co.... 2.86% 90,161,776 17,554,497,787 -344,888 -0.38%
Geode Capital Management LLC 1.50% 47,495,728 9,247,418,242 +3,245,347 +7.33%
T. Rowe Price Associates, Inc. (I... 1.49% 46,956,884 9,142,505,315 +4,257,626 +9.97%
Fidelity Management & Research Co... 1.04% 32,809,105 6,387,932,744 +2,507,392 +8.27%
Jennison Associates LLC 0.94% 29,557,607 5,754,866,083 +19,847 +0.07%
Baillie Gifford & Co. 0.88% 27,876,833 5,427,619,385 -336,079 -1.19%
Northern Trust Investments, Inc.(... 0.73% 22,949,732 4,468,312,820 +787,772 +3.55%
Top 10 Mutual Funds Holding Tesla Inc
Mutual funds
Vanguard Total Stock Market Index... 2.54% 80,286,276 15,631,737,937 +356,726 +0.45%
Vanguard 500 Index Fund 1.93% 61,027,317 11,882,018,620 +82,762 +0.14%
American Funds Growth Fund of Ame... 1.66% 52,454,639 10,212,918,213 -49,474 -0.09%
SPDR S&P 500 ETF Trust 0.93% 29,478,318 5,739,428,515 +149,910 +0.51%
Fidelity 500 Index Fund 0.92% 28,902,559 5,627,328,237 +129,685 +0.45%
Invesco QQQ Trust 0.87% 27,466,592 5,347,745,462 +203,360 +0.75%
American Funds New Perspective Fu... 0.77% 24,403,990 4,751,456,853 -54,518 -0.22%
iShares Core S&P 500 ETF 0.77% 24,218,276 4,715,298,337 -28,548 -0.12%
Vanguard Growth Index Fund 0.71% 22,348,819 4,351,315,059 +204,488 +0.92%
Government Pension Fund - Global ... 0.69% 21,921,882 4,268,190,425 -820,284 -3.61%
Exclusive: PepsiCo to roll out 100 Tesla Semis in 2023 -exec
By Jessica DiNapoli and Hyunjoo Jin
NEW YORK/SAN FRANCISCO, Dec 16 (Reuters) - PepsiCo (PEP.O) plans to roll out 100 of the heavy-duty Tesla (TSLA.O) Semis it reserved in 2023, when it will start making deliveries to customers like Walmart (WMT.N) and Kroger (KR.N), the soda maker's top supply chain official told Reuters on Friday.
PepsiCo Inc is purchasing the big trucks "outright" and is upgrading its plants, including installing four 750-kilowatt Tesla Inc charging stalls at both its Modesto and Sacramento locations, PepsiCo Vice President Mike O'Connell said in an interview. A $15.4 million California state grant and $40,000 federal subsidy per vehicle helps offset part of the costs.
"It's a great starting point to electrify," said O'Connell, who oversees the company's fleet of vehicles.
"Like any early technology, the incentives help us build out the program," he adding, saying "there's lots of development" and infrastructure costs.
PepsiCo, which ordered the Semis in 2017, is the first company to experiment with them as a way of cutting its environmental impact. read more
United Parcel Service Inc (UPS.N) and food delivery company Sysco Corp (SYY.N) have also reserved the trucks, while retailer Walmart Inc (WMT.N) is testing alternatives.
Tesla Shares Down -55% This Year: Buy, Sell or Hold?
Sejuti Banerjea Published on December 16, 2022
F GM TSLA
??
Elon Musk has been known to do radical, eccentric things, but this time he may have gone too far. After buying Twitter, he’s now staying on course to bring free speech back to the planet. That has meant public disclosures about internal irregularities and censorship of free speech (at times in violation of company policy), massive job cuts, rehiring and so forth. He has also been experimenting with new revenue models (adding/removing checkmarks) as a kind of subscriber service even as advertisers flee.
The problem with all this activity around Twitter, or one of the problems, I should say, is that Musk is being increasingly associated with Twitter instead of Tesla (TSLA - Free Report) , which is what we were used to. And it’s not happening in a good way. While his association with Tesla kept investors interested in the idea of EVs, his association with Twitter has given him a reputation as a right-winger, which doesn’t sit well with some of the folks buying his expensive cars. This disconnect is hurting Tesla shares. It also doesn’t help that Musk has been selling Tesla shares ($40 billion worth this year up to this week’s $3.5 billion).
Therefore, it’s no surprise that Tesla shares have plunged 55% year to date, and could be headed further down as Twitter’s problems continue and investors remain concerned about further stock sales. At current prices, he still holds $66 billion worth. So, there’s a lot of room to err.
But Musk has said that Tesla has a good team in place that can temporarily operate without him. Which means that we should probably focus on what Tesla’s doing right instead of how Musk is distracting us.
The company’s EV tech is still ahead of the pack. And even though traditional automakers like General Motors (GM - Free Report) , Ford (F - Free Report) , Hyundai, Volkswagen among others will soon be flooding the market with many more options, Tesla’s share of this fast-growing market is still substantially ahead of the others.
What’s more, according to the latest registration data from Experian (via Automotive News), battery-electric vehicle (BEV) registrations in the first nine months of 2022 grew 57% from the prior year. Tesla accounts for a 65% share of this. Additionally, Tesla has dealt with supply chain issues better than most other players, which is why its growth rate has exceeded most others this year. Ford’s Mustang Mach-E was an exception, growing at a faster rate from a much smaller base. Four Tesla models were in the top 5 with only the Mach-E making it to number three.
EV subscription startup Autonomy, which is adding a large number of Teslas to its fleet, expects Tesla’s market share to drop to 50% in the first quarter of 2023 and 40% by year-end. The idea seems to be that the market is growing faster than EV makers can supply. Therefore, whoever has capacity will be better-positioned to win. Tesla can make 15,000 vehicles a week, which is likely double all the other EV makers combined. So it has certain inherent advantages, However, we’ll have to see how this plays out since Tesla is likely to see some problems at its China unit because of COVID related shutdowns and uprisings throughout the country.
A look at its revenue growth trajectory in the last few years shows more or less consistent growth from the third quarter of 2020. And earnings growth has picked up from the first quarter of 2021. Its cash position continues to grow while debt levels continue to decline. With strong revenue and liquidity, increasing return on assets and very manageable debt levels, Tesla does appear to be a very well-managed company.
In regard to the future, the real rival for electric vehicles and the addressable/target market is of course the regular car that runs on an internal combustion engine. They're still a lot cheaper, which is why EV costs have to come down.
Musk has a plan for this, with a new battery technology that’s expected to halve the cost of a Model Y battery. In typical Musk style, he has declared that the battery will enter volume production by the end of 2022. Even if he misses that target, and it happens some time in 2023, it wouldn’t be a bad thing at all, and would take the company a step closer to its long-term target of producing 20 million Teslas a year by 2030.
Therefore, I don’t think it’s a good idea to sell Tesla shares right now. The shares could be somewhat overvalued and more pressure from Twitter would make them even more attractive in terms of valuation and growth potential. I would hang in there at these levels and add to positions on further weakness.
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As Tesla Extends Discounts To Europe, Rival Ford Hikes F-150 Lightning Prices For 3rd Time Since Launch
6:08 am ET December 16, 2022 (Benzinga) Print
Tesla Inc. (NASDAQ: TSLA) and "wannabe" electric vehicle leader Ford Motor Company (NYSE: F) are apparently taking diverging routes with respect to vehicle pricing.
Europe Not Left Behind: Tesla’s listing of its Model 3 or Model Y inventory vehicles shows a discount of up to 4,000 euros ($4,255) in many of the countries in Europe, Drive Tesla reported. Both models offered from existing inventory are sold with a discount of 2,000 euros and this apart there is a tariff readjustment discount that which varies from vehicle to vehicle, the report said.
The total discount could be over 3,000 euros, it added.
Tesla’s Spanish website lists the Model 3 vehicle with a discount of 4,000 euros, while Model Y vehicles weren’t available in inventory in this country.
Discounted pricing is reportedly available in European countries, including Germany, the Netherlands, U.K. and Switzerland.
Tesla has been aggressive with its pricing strategy in China amid indications of a demand slowdown in the wake of the COVID-19 pandemic. After 5-9% price cuts for Model Y vehicles in late October, the company offered increased insurance incentives in early November. Tesla followed it up with a flat discount for some models of inventory vehicles in early December.
In the U.S., the EV pioneer began offering a limited-period $3,750 credit for Model Y and Model 3 cars made available from its inventory.
Ford Gets Aggressive: Ford, meanwhile, has announced a third price increase for its F-150 Lightning EV truck. The base trim of the truck, namely the Pro, is now shown with a price of $55,974 on the configurator page. This was first spotted by Electrek.
When the vehicle was unveiled, Ford fixed the pricing at $40,000 for the base trim, which was subsequently raised two times ahead of the most recent increase.
The F-150 Lightning Truck was recently named the "2023 MotorTrends Truck Of the Year." While announcing the feat, the company said it plans to ramp up annual sales to 150,000 units by the end of 2023.
In premarket trading on Friday, Tesla shares slipped 0.58% to $156.76 and Ford fell 0.77% to $12.93, according to Benzinga Pro data.
Read next: Cathie Wood Adds Another $1M In Tesla After Elon Musk's Stock Sale
Comparing to other mega caps we're sitting on a $500/share stock masquerading as a $150/share stock
TSLA vs AAPL and AMZN, AAPL Revenue has grown by 7.79% in the last year, projected growth 3%, AMZN Revenue growth 15% Q3 2022, projected growth for Q4 is 2-8%, TSLA Revenue Growth is 45-50% current and forward, AAPL market cap $2.4T, AMZN Market cap $963b, TSLA market cap $552b AAPL Net Income in 5 years legio in Net Income yet has a market cap $400b less
TSLA is projected to equal AAPL Net Income in 5 years legio
TSLA vs AAPL and AMZN
AAPL Revenue has grown by 7.79% in the last year, projected growth 3%, AMZN Revenue growth 15% Q3 2022, projected growth for Q4 is 2-8%, TSLA Revenue Growth is 45-50% current and forward, AAPL market cap $2.4T, AMZN Market cap $963b, TSLA market cap $552b
Bottom today
Agreed
Of course not
$GM RECALLING 740,000 NEWER TRUCKS, SUVS IN THE UNITED STATES BECAUSE DAYTIME RUNNING LIGHTS MAY NOT DEACTIVATE WHEN HEADLIGHTS ARE ON -AUTOMAKER