Wealth moves from the impatient to the patient....
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Quite low volume today... people holding, and others waiting to see which way this goes, before they buy.
The next 2 days should be more exciting...
$AAPL
That would be insane $11..... But hey, these are weird times and this stock has substance, so you never know.
$GAXY all time high is $5.43 <=== Lets beat that!
I believe this will easily hit $150 a share post split, if it doesn't start out that way next week... Then I'm thinking, $165 to $185... before any kind of correction.
I'm just thinking out loud again.... $AAPL
I like it... $TSLA
I would take $515 today and then a mad break to the upside tomorrow and Friday...
$AAPL
Shorty is fighting to cover cheap before they lose their arses...
$AAPL
Time for some new highs....
$TSLA
All us amateurs should all sell then, since you know more than the Market or the Analysts, or any of us amateurs.... LMAO
$TSLA
Next two days for sure... Going to be cool to see the frenzy to get into Tesla and Apple before the close on Friday...
Let the craziness begin...
$TSLA
$GAXY Volume 604,329,800
$GAXY Close .038950 +.01135
Nice close today...
Somebody working hard to keep this under $500... LOL
$AAPL
Absolutely... this is getting wound up tight and ready to move!
$AAPL
Too funny how they are working so hard to keep this under $500...
$AAPl
The Rise has Begun.... $AAPL
Patience my fellow investor. Low volume is actually good if it is going down. Means not to many people willing to sell, and the shares are getting scooped up ASAP.
Slow steady rise in pps until Friday close... today was a well needed breather....
$AAPL
Nice to $GAXY moving up. More contracts, more $$$$
$NIO can definitely reach that pps within a few years... or sooner... I agree. BaaS is awesome and I think will continue to grow, giving the buyer the ability to choose the battery he/she wants/needs.
Nio Inc - ADR (NYSE: NIO) shares are trading higher on Tuesday after UBS upgraded the stock from Sell to Neutral and announced a $16.30 price target.
Nio Inc operates in China's premium electric vehicle market. The company designs, jointly manufactures and sells smart and connected premium electric vehicles, driving innovations in next-generation technologies in connectivity, autonomous driving and artificial intelligence. Its models include the EP9 supercar, ES8, ES6 and EC6.
$NIO kicking some booty today...
$NIO isn't even riding in the same car as Tesla... Tesla is so much more than a car company and doubtful that NIO will ever come close. But with that said. I am a buyer of $NIO.... Great stock, lots of room to grow...
Absolutely agree... I own Apple and some Tesla, so looking forward to see how the pps pans out in the next few months. I have a feeling we will be liking it very much...
Absolutely correct,,, bad typo... my apologies. But you knew what I meant... LOL
$AAPL
I doubt that, but you never know. People will buy right up to Friday close to get in on the split...
Just some breather room for the split, I think... Either way this won't stay down for long, especially after the split.
$AAPL
$AAPL is down $8 and it is tanking? Could it be just taking a little breather? Hmmm...
$AAPL
I thought the same thing at first and then found out that I was wrong. LOL... Lots of people are still confused.
As if the companies coordinated their stock splits, both Apple and Tesla stocks will begin trading on a split-adjusted basis on the same day: Aug. 31. Tesla shares will be split into five, while Apple stock will see a four-for-one split. Motley Fool
Nice! I agree, holding on to mine too...
$AAPL
Sorry but you are wrong .... not going to argue with you...
Good luck~!
$AAPL
LMAO... Ok bro... you know da best...
So what happens to my shares if I buy Friday? LOL
$AAPL
And August 24th was yesterday bro...
Dude... go figure it out. You can buy at 1 minute to close on Friday and still get the split....
$AAPL
The last day to buy Apple stock for the split is Friday August 31st at close.
$AAPL
$Li Morgan Stanley Initiates Stock's Coverage With Others Expected To Join Soon
While Li has only one vehicle in its portfolio so far, the Goldman analyst expects this number to rise in the future, with the factor playing an important role in his delivery estimates for the next five years.
Bernstein analyst Robin Zhu is equally optimistic about Li Auto's future, with this optimism being reflected in the firm's $21 price target for the company. Li IPO-ed at $11.50/share and today's two price targets factor in a roughly 83% upside over the IPO share price.
In addition to Bernstein and Goldman, investment bank Morgan Stanley also initiated its coverage of Li Auto today. Morgan analyst Tim Hsiao is responsible for determining the automaker's future, and the analyst has a $20/share price target for the company - which is roughly in line with his peers' determination.
Hsiao touts similar optimism for Li's product model as Fang did, and the analyst also believes that by focusing on premium sports utility electric vehicles, the company will be able to target a "sweet spot" in China's sizeable electric vehicle market.
According to its F-1 prospectus filing with the S.E.C., Li Auto delivered 10,000 Li Xiang One units by the end of June after it started deliveries in December. The Li Xiang One is named after the company itself which is called Li Xiang in China, with Li Auto being named after its founder Mr. Li Xiang in the East Asian country.
$Li Auto Gains Value Lost Since IPO Following Buy Recommendations From Goldman Sachs and Bernstein
As opposed to the United States where few pure electric vehicle manufacturers exist to supply the market demand, China's industry is a different story. The largest electric vehicle market in the world is buzzing with local companies that are eager to target the country's environmentally conscious and fiscally well-off population.
Li Auto entered the scene five years back with backing from Bytedance (known for its ownership of video-sharing and social networking platform TikTok) and Meituan. While the company's vehicles rely on electricity for fuel, they also come with the ability to use gasoline in case batteries run out or charging stations are not available.
The company's current share price gains on the U.S. stock market come after investment bank Goldman Sachs and Bernstein Research analysts expressed their confidence in the stock and urged investors to buy Li's shares. Both analysts shared their price targets for the company and gave $LI 'Buy' ratings.
Goldman Sachs' analyst Fei Fang's price target for Li sits at $20.60/share and the analyst expects Li to grow its vehicle deliveries by 1383% by the end of 2025 over 2020. Fang believes that Li's total vehicle deliveries will sit at 445,000 at 2025 end, with deliveries at the end of this year estimated to be 30,000.
The automaker's onboard electricity generator that compensates for the lack of battery charging stations has earned it praise from Goldman, with Li Auto now being on the bank's "conviction buy" list.
$AAPL Foxconn, Pegatron discussions could bring iPhone production to Mexico
Apple's assembly partners are reportedly considering the possibility of opening up new factories in Mexico, in what could be an attempt by Apple to diversify its supply chain further away from China.
Apple's famed supply chain largely relies on production taking place in and around China, with the carefully cultivated group of suppliers working in close proximity to assembly partners for efficient construction of Apple products. With continuing threats against its business operations in China, Apple is allegedly seeking to bring more of the work to other areas, mitigating the risk of events such as a redo of the US-China trade war or another global pandemic like COVID-19.
According to sources of Reuters, Apple partners Foxconn and Pegatron are looking into building new factories based in Mexico. Sources with "direct knowledge of the matter" claim it is directly due to major global events causing issues that could have been avoided with supply chain diversification.
While details about local partners remains unknown, two sources claim Foxconn's plans involve the production of iPhones on behalf of Apple from the factory. However, another source said Apple isn't directly involved in proceedings, but that may change down the line.
Foxconn is expected to give a decision on the factory in late 2020, with work on the facility anticipated to start shortly after the choice is made. Foxconn already has five factories in operation in Mexico, producing televisions and servers.
$AAPL Apple confirms plan to produce iPhone SE locally in India
Apple on Monday confirmed plans to locally manufacture the iPhone SE in India, likely a part of a broader strategy to bolster its footprint in the country.
In June, the company reportedly told some of its China-based suppliers to begin shipping components for its most affordable handset to Indian manufacturing partners. The move would mitigate the heavy host of import taxes and duties in India.
An Apple spokesperson recently confirmed those plans to The Times of India, saying that the "iPhone SE packs our most powerful chip into our most popular size at our most affordable price and we're excited to be making it in India for our local customers."
Making the iPhone SE locally allows Apple to skirt the 20% import tax on foreign-made smartphones. However, there's still a price premium on the device in India, since it starts at 42,990 Indian rupees — about $579 in U.S. dollars. That's well above its $399 price tag in the U.S.
According to the The Times, Apple supply chain partner Wistron is set to produce the iPhone SE at a plant near Bengaluru — where the company already produces the iPhone 7. Apple partner Foxconn also has an assembly unit in India, though it is not involved with iPhone SE production.
Apple is also reportedly planning on producing upcoming "iPhone 12" models within India's borders, with the first batch of locally made devices set to launch in mid-2021.
Although the iPhone maker has largely struggled to establish a supply chain in India, it has increasingly pushed existing suppliers to produce its devices in the country. Apple is also in the midst of broadening its retail footprint in India, with plans to open the first Indian Apple Store in 2021.
I was going to ask the same question... Is this a political board or a WEED board?
Dude be tripping! I will hold Elon's bag for him, and light his doubie at the same time!
$TSLA
Tesla Inc (NASDAQ: TSLA) is busy building multiple factories while its stock price soars.
While Gigafactory Berlin is being built in Germany, Tesla has also started construction on the company's second U.S. car manufacturing plant, Gigafactory Texas.
A new video shows that construction is moving quickly at the future Cybertruck factory. The foundation is being built as footer reinforcements are put in place, and the potential outline of the factory is beginning to take shape.
Trucks and different machines are active on-site. Site work began at Gigafactory Texas in late July.
Benzinga's Take: With Tesla's popularity, high demand and rapid expansion, the soaring stock price is starting to make sense. The 5-for-1 stock split announcement seemed to be the catalyst, but all of this news has been brewing for a long time.
Tesla aims to begin selling the Cybertruck to the public by the end of 2021, and it needs Gigafactory Texas to do it. At the current pace, it seems Tesla will be able to meet that delivery goal.