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Going bankrupt? Tesla cash flow from operating activities for the twelve months ending December 31, 2023 was $30.233B
This is why Tesla is the only viable alternative. Funny with check engine as EV's don't have engines Keep in mind that EV companies buy a lot of NVDA GPU's, Tesla bought 100,000 recently and estimated to buy 500,000 more. I also have a 56 Chevy pickup that I love
Buddy, I think you got the wrong guy. I believe man-made Climate Chance is BS. I believe we will need oil and gas for a long time along with Nuclear. I also firmly believe Teslas are the best cars out there. For $329/month you get a brand new Tesla with 341 miles of range (https://www.tesla.com/model3). I have no problem driving straight to Orlando from Fort Lauderdale. 99% of the time I charge at home overnight. There's tons of polution out there from mining etc, however the Tesla does not polute on the street which I think is nice when I run or bike. Tesla has 50,000+ charging stations, a problem for all other EV makers. Plenty of people out there with 300k miles and same battery. No service and no gas staiion is also nice. Might not be for everyone still and I have no problem with gas cars, they don't polute that much like they used to. I'm a Republican so the Tesla is not some liberal BS statement coming from me
ps Love the NVDA action, $1,500 by year end
When driving a Tesla what are you not happy about?
If you look at Tesla there’s no range or charging issues. Best car I’ve ever had bar none. Fast, luxurious, no service, no gas, no pollution.
It was $250k down
Prepare to be amazed as our CEO Jensen Huang takes center stage at the SAP Center for #GTC24. Join us on March 18 for a groundbreaking keynote, where Jensen will unveil the #AI advances that are shaping our future across industries. nvda.ws/3I0rOj7
I don't disagree that after the election things might change but before I see many catalysts for this to go higher. NVDA is a very unique company in a unique, almost monopolistic situatation.
This won't age well
ServiceNow (NOW) and NVIDIA (NVDA) announced that they are broadening their relationship with the introduction of telco-specific generative AI solutions to elevate service experiences.The first solution, Now Assist for Telecommunications Service Management, is built on the Now Platform and uses NVIDIA AI to help boost agent productivity, speed time to resolution, and enhance customer experiences. As telcos look to reduce costs and uncover new business opportunities, they're turning to AI and automation. In a survey from IDC, 73% of global telecommunications service providers identified AI/ML investments to support operations as their top transformation priority.
Long @ 798.00
Analysts still predict $105b revenue in 2025 but people think that's next year. NVDA year 2025 started in Jan 2024 and ends in Jan 2025.
Good chance of split at $1k
I agree, this will very soon be $1-1.5K
Mid-March conference next trigger
NVIDIA stock PT raised to $1,000 from $625 by Benchmark, citing strong performance in key business segments
Short squeeze!!! Tomorrow
Huh? 2024 $100b
Rykket must be gone by now
I'll take the ranch
Or short squeeze
35 is the average for the magnificent 7
Buyback would have a better effect, also feel a split is coming.
This is not a dividend play, want that then buy coke
$680 strong BUY
Look for strong revenue and earnings growth growth 10x yoy Wednesday
NVDA Operating Margin is close to unbelieveable and demand is just growing
This could shoot to $1k very quickly
NVIDIA $NVDA initiated with new Street high price-target of $1,200 at Loop Capital:
"Initiating Buy and $1200 PT (implying +63% upside) as we believe not only is there material upside to Street estimates in CY2024/FY2025 & CY2025/FY2026, but that we are at the front end of a 3 - 5 year GPU compute & Gen AI foundational build across Hyperscale.
Nvidia's biggest customers are ready to take everything NVDA can give them in 2024 and 2025.
Hyperscalers are transitioning towards utilizing 50% to 60% GPU compute, a significant jump vs. the current 10%.
This harkens us back to hues of the internet buildout where adoption/buildout went up 5x (up to 60% saturation) from 1995 – 2001.
Expected growth in IT spending is forecasted at 5-8% in 2024, compared to 5% in 2023, and the usual 3-5%, with a notable rise in infrastructure spending from the typical 30% to 45%.
This is coming from the Fortune 1000 realization that they need to move more data into the Cloud to (say 60% - 80% vs prior plans of 30% - 40%... and currently at 15% - 20%) not only take advantage of Gen AI, but to be able to run the key applications of the future."
Elon has not increased his stake, the filing counts his options on top of stock.
Right now
NVDA breaking through $750 today, $1,000+ next Thursday
Severely oversold now, shaking out weak hands
Yes
Let's revisit this post at the end of February
Prediction: These 2 Stocks Hit a $1 Trillion Market Cap By The End Of 2024?
Daniel Foelber, The Motley Fool
Sun, February 4, 2024 at 7:35 AM EST·6 min read
In this article:
It wasn't long ago that investors were wondering if a publicly traded U.S.-based company would ever reach the $1 trillion threshold. But in early August 2018, Apple hit that coveted mark. Not long after that, the market saw a correction. The market sold off heavily in late 2018 over tensions with the U.S.-China trade war and uncertain Federal Reserve policy. It eventually recovered, but then the COVID-19 sell-off of spring 2020 hit.
Another recovery took hold in short order and Apple regained trillion-dollar status, even rising above $2 trillion. By early January 2022, Apple was knocking on the door of a $3 trillion market cap, Microsoft was hovering around $2.5 trillion, Alphabet was almost at $2 trillion, Amazon and Tesla (NASDAQ: TSLA) were both over $1 trillion, and Meta Platforms (NASDAQ: META) was less than 10% away from hitting $1 trillion.
2022 turned out to be a brutal year for big tech. When the dust had settled, only Apple, Microsoft, and Alphabet were still above $1 trillion in market cap.
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Cycles happen, especially with companies with many different business units and an international footprint. Instead of trying to time the market by guessing which companies could surpass the $1 trillion threshold, a better idea would be to find the companies that can not only reach $1 trillion by the end of 2024 but are likely to build upon that valuation in the future.
After Meta's blowout earnings report this week, six companies are currently over $1 trillion in market cap -- Microsoft, Apple, Amazon, Alphabet, Nvidia, and Meta.
Here's why Tesla and Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) are two top stocks worth buying before returning to trillion-dollar valuations.
A person sitting at a desk behind a computer while staring at their phone and smiling.
Image source: Getty Images.
1. More drama with Tesla stock
Tesla stock doubled in 2023 but it is still down nearly 50% from its all-time high. And for good reason. Despite hitting its 2023 production goal, Tesla's growth has slowed -- especially when you look at profits and revenue. Its margins are also down as Tesla had to cut prices to make up for weak demand.
TSLA Revenue (TTM) Chart
TSLA Revenue (TTM) Chart
If you look at trailing-12-month figures, sales are up just 11.5%, net income is down 8.5%, and the operating margin has fallen by over 25% to just 11.2%.
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CEO Elon Musk hasn't done the company any favors as of late either, saying he is "uncomfortable growing Tesla to be a leader in AI and robotics" unless he has more voting control of the company.
Tesla can be a roller coaster of a stock and will probably remain volatile not just because it is in a cyclical industry, but also because the top brass can pour a lot of emotion into the company. However, you can argue that this emotion has done more good than harm.
Tesla remains the undisputed leader in electric vehicles (EVs). And although competition is mounting, no company is close to holding a candle to Tesla when it comes to the balance between profitability, international exposure, growth potential, and the trajectory the company is on to release lower-priced EV models for customers.
Six years ago, Tesla was inconsistently profitable and hadn't scaled production of the Model 3 to achieve consistent cash flows. At that stage, emotional comments carried more weight. But today, Tesla is much more secure. Elon Musk is the voice of Tesla, but he is far from calling all the shots or operating with unilateral control.
Tesla has the balance sheet and cash flows to endure a self-inflicted setback or an industrywide slowdown. There's also a good chance that Tesla will take market share during a slowdown rather than lose it because other companies with legacy operations and budding EV segments may be more inclined to cut EV spending than damage an existing cash cow.
Overall, Tesla is a good balance of risk and reward if you can stomach the volatility
Could the Tesla share price reach $345?
Stephen Wright
Sun, 4 February 2024 at 3:00 am GMT
Since the start of the year, the Tesla (NASDAQ:TSLA) share price has fallen by around 25%. The reasons aren’t clear, but the company hasn’t suddenly become a bad business in the last month.
As a result, Adam Jonas at Morgan Stanley has a $345 price target on the stock. That’s an 83% increase from today’s prices, so is there a buying opportunity here?
Tesla’s troubles
I think there are two main issues facing Tesla at the moment. The first is a weak macroeconomic environment and the second is concerns around its CEO.
The company’s earnings update last month was not particularly strong. Overproduction led to price cuts, which resulted in lower margins and weak earnings.
On top of that, though, management’s guidance going forward was impressionistic at best. This left investors largely trying to figure out the path for the business by themselves.
This might be the consequence of a third issue. Elon Musk has recently stated that he wants 25% of the voting control in order to feel comfortable continuing to develop products for Tesla in future.
All these issues are weighing on the Tesla share price at the moment. But some of them look more serious to me than others.
Be greedy when others are fearful…?
The weak numbers in the earnings report shouldn’t – in my view – have surprised anyone. This is largely the result of a weaker macroeconomic environment.
If I thought this was the biggest issue, I’d be seriously considering buying Tesla shares. But I’m more concerned at Musk’s demand for more equity.
One issue is that it would come at the expense of existing shareholders. But a bigger concern is that I’m not clear what stops this happening again in the future.
One reason Musk doesn’t own 25% of Tesla is because he sold stock to buy the business formerly known as Twitter. In my view, it’s not up to shareholders to reimburse that with more equity.
Warren Buffett says the time to be greedy is when others are fearful – and people seem pessimistic with Tesla right now. But while I think some of that is short-sighted, I see real issues here.
The road to $345?
There’s a real possibility that things could turn around quickly for Tesla. It’s not unimaginable that the macroeconomic environment could improve and the issue with Musk’s demands blows over.
If that happens, then I wouldn’t be at all surprised to see the stock rally sharply, reversing its losses from this year and much more besides. But that might be a big ‘if’.
It’s impossible to say whether or not pessimism around Tesla shares has reached its peak. But right now expectations built into the share price are much lower than they were at the start of January.
and so will the gas pumps that runs on electric
NVIDIA will host a conference call on Wednesday, February 21, at 2 p.m. PT (5 p.m. ET) to discuss its financial results for the fourth quarter and fiscal year 2024, which ended January 28, 2024.
The call will be webcast live (in listen-only mode) on investor.nvidia.com. The company’s prepared remarks will be followed by a question-and-answer session, which will be limited to questions from financial analysts and institutional investors.
Ahead of the call, NVIDIA will provide written commentary on its fourth-quarter results from its CFO, Colette Kress. This material will be posted to investor.nvidia.com immediately after the company’s results are publicly announced at approximately 1:20 p.m. PT.
The webcast will be recorded and available for replay until the company’s conference call to discuss financial results for its first quarter of fiscal year 2025.
Buy!
The Delaware judge ruling, if it stands would be equal to Tesla buying back $55b in stock. Obviously it will be appealed and overruled as 80% of sahreholders voted for the package and made a fortune, there's no victim! Buying opportunity coming