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Tesla Stock Speeds Toward Brink as Analyst Warns of ‘Outright Disaster’


 


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 2 months ago '16        #1
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00010111 129 heat pts129
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Tesla Stock Speeds Toward Brink as Analyst Warns of ‘Outright Disaster’
 

 
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Tesla stock has been taken to the cleaners this year. Elon Musk’s stand-off with the SEC, terrible Q1 delivery numbers, and an abandoned Gigafactory expansion plan have tested the mettle of even the most bullish investors.

But with the electric vehicle giant scheduled to report earnings next week, one analyst warns that TSLA shares could take an even more bearish turn.

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The electric vehicle specialist will release its first-quarter results on April 24. The company already warned investors to expect a steep decline in deliveries that would also miss Wall Street’s expectations.

The Elon Musk-led firm produced 77,100 vehicles in the first quarter of 2019. The Model 3 accounted for 62,950 units. Tesla’s Q1 deliveries came in at 63,000 units, an impressive increase of 110% over the prior-year period.

However, deliveries fell 31% quarter-over-quarter as Tesla ran into “Logistics Hell” and had to ask for volunteers to help deliver vehicles. Critics alleged that was not a professional approach for a company looking to disrupt the automotive market.

According to CFRA analyst Garrett Nelson, TSLA shareholders should brace for an “outright disaster” when the company reports earnings on Wednesday:

“Our suspicion is that Q1 EPS could be an outright disaster, given that Tesla guided for a loss with an entire month left in the quarter, and its inherently high degree of operating leverage.”

The cheaper Model 3 and the phase-out of the federal EV tax credit could wreak havoc on the company’s bottom line. In fact, a price cut intended to compensate for the reduced tax credit could impact Tesla’s quarterly revenue to the tune of $180 million, as reported by CNN.

Wall Street will keep a close eye on what Elon Musk has to say about the company’s ability to meet its delivery guidance for this year. But even if he fails to provide a palatable answer to that question, Musk has lined up another catalyst that could save the stock price from crashing in case the earnings report fails to impress.

Tesla scheduled its investor day for April 22, and the company is expected to provide a closer look at its self-driving technology. The company claims that its full self-driving (FSD) computer is already in production. Tesla also says that it can deploy autonomous driving capabilities through over-the-air software updates.

Elon Musk recently boasted that Tesla can bring a fully self-driving vehicle to the market sooner than many analysts expect. He also claimed that his company is “vastly ahead” of the others in the race to develop self-driving cars.

Elon Musk’s gloating, no doubt, will be music for Tesla fanboys, but the reality could be more complicated as the safety record of Tesla cars is far from impeccable.

Next week will be crucial for Tesla. How Elon Musk manages these critical tests could determine whether the EV darling is on the fast-track to becoming the “next Amazon” or will instead ferry investors toward “outright disaster.”


visit this link https://www.ccn.com/tesla .. right-disaster
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64 comments for "Tesla Stock Speeds Toward Brink as Analyst Warns of ‘Outright Disaster’"

 2 months ago '11        #2
nfo187 53 heat pts53
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Time to buy in!
+46   

 2 months ago '08        #3
DJHoove 2 heat pts
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i i have faith in Elon the mans a visionary genius
+9   

 2 months ago '16        #4
Boogie1790 9 heat pts
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If Telsa fails I would be suprised. I see them alot.
+9   

 2 months ago '19        #5
16z 
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Rivian
+1   

 2 months ago '16        #6
00010111 129 heat pts129 OP
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 DJHoove said
i i have faith in Elon the mans a visionary genius
Marketing guru?

Yes.

The king of oversell, under-deliver.

But 'visionary'? No.
+6   

 2 months ago '06        #7
new2hiphop 3 heat pts
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Tesla started of good but too much hype ruined it, still a dope car
+5   

 2 months ago '06        #8
philly337 27 heat pts27
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 00010111 said
Marketing guru?

Yes.

The king of oversell, under-deliver.

But 'visionary'? No.
How you figure? PayPal, electric car that went to another level, space...

 2 months ago '16        #9
00010111 129 heat pts129 OP
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 philly337 said
How you figure? PayPal, electric car that went to another level, space...
He was part of a team when it came to PayPal and they weren't the only ones working on that particular solution.

Spaceships aren't new, nor is space junk...
+3   

 2 months ago '06        #10
philly337 27 heat pts27
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 00010111 said
He was part of a team when it came to PayPal and they weren't the only ones working on that particular solution.

Spaceships aren't new, nor is space junk...
It was space x (auto corrected). His rockets that can come back down and land on launch pads (and then be reused) is genius. Saying he was on a team means what? Most people are? Saying others were in the field....ok? Sounds like ur just hating for real
+5   

 2 months ago '16        #11
00010111 129 heat pts129 OP
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 philly337 said
It was space x (auto corrected). His rockets that can come back down and land on launch pads (and then be reused) is genius. Saying he was on a team means what? Most people are? Saying others were in the field....ok? Sounds like ur just hating for real
Like I said, he knows his marketing. When it comes to the technical side that's questionable.

He has created a cult of personality around his companies, similar to Steve Jobs. The products have flaws and people overlook them because it goes beyond a need for function and crosses into the world of irrational belief.

He was let go from PayPal before they became mainstream because of his penchant for presenting retrogressive ideas such as pushing for the platform to be moved from a more flexible Unix based system to Windows.

As to landing space shuttles - it actually reduces the payload to orbit making it less suitable for reuse. That is to say it isn't viable long term.

Here's another space shuttle landing.:

[video - click to view]



Last edited by 00010111; 04-23-2019 at 06:27 PM..
-3   

 2 months ago '04        #12
xbossxplayax 
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i thought a real auto maker would acquire tesla by now. or perhaps waiting for this "outright disaster" to actually happen to that they can cop for the lo lo
+9   

 2 months ago '06        #13
philly337 27 heat pts27
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 00010111 said
Like I said, he knows his marketing. When it comes to the technical side that's questionable.

He has created a cult of personality around his companies, similar to Steve Jobs. The products have flaws and people overlook them because it goes beyond a need for function and crosses into the world of irrational belief.

He was let go from PayPal before they became mainstream because he had penchant for presenting retrogressive ideas such as pushing for the platform to moved from more flexible Unix based system to Windows.

As to landing space shuttles - it actually reduces the payload to orbit making it less suitable for reuse. That is to say it isn't viable long term.

Here's another space shuttle landing.:
Ok boss
-4   

 2 months ago '16        #14
00010111 129 heat pts129 OP
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 xbossxplayax said
i thought a real auto maker would acquire tesla by now. or perhaps waiting for this "outright disaster" to actually happen to that they can cop for the lo lo
I have no problem with them being independent but Musk running Tesla as his own personal fiefdom is problematic.
+2   

 2 months ago '07        #15
stogz 19 heat pts19
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 DJHoove said
i i have faith in Elon the mans a visionary genius

That has nothing to do with conducting business.
+8   

 2 months ago '04        #16
xbossxplayax 
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 00010111 said
I have no problem with them being independent but Musk running Tesla as his own personal fiefdom is problematic.
that too of course but i mean like... you came in late knowing zero thing about the core of the industry (in this case, building/selling automobiles and everything i mean EVERYTHING that comes with that endeavor) but your niche is the innovation that can potentially (conservatively speaking of course; by now its almost certain that it will) change the industry forever (in this case, electrification + self driving).

if this was any other industry tesla would have been scooped up by an industry giant (or another up and comer whos looking to get an upper hand on other industry giants) already, stripped of the atrocities of what they call "cars" down to the core technology, and implement it in the existing, time-tested automobile platforms, esp. with the modular production methods adopted by just about every major automakers today, and the (fortunate) fact that electric drive train requires much less room than internal combustion + tranny makes it a rather simple task

like, i see tesla as an app company to apple's iphones; an app that has tremendous potential that could (or should) become a standard built in function of an iphone

but instead, all the top automakers are developing they own autonomous electric cars, so it got me thinking whatever core technology that tesla is boasting to have in possession aint all that to the point where its actually cheaper to build from scratch (well not really but as opposed to buying what tesla developed) than acquiring the technology that only the owner of tesla is claiming to be "vastly ahead" of its competitors
+3   

 2 months ago '17        #17
RayDonovan 
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What happened to that dumbass tunnel that was rough as hell?
+2   

 2 months ago '05        #18
autoraptronix 13 heat pts13
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This article gives no reason why the stock would have a "outright disaster" anytime soon. The cheaper model 3 and expiring tax credits are to be expected. Their opinions about how Tesla handles production are subjective critisms not facts that nessarily correlate to the real world.

It also ignores Tesla's recent price changes on their models and their pivot to driverless cars with their new chip. This low information article was written by a short seller.
+5   

 2 months ago '16        #19
00010111 129 heat pts129 OP
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 RayDonovan said
What happened to that dumbass tunnel that was rough as hell?

You mean the hyperloop that became an underpass with an elevator and skates...
+2   

 2 months ago '16        #20
00010111 129 heat pts129 OP
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 autoraptronix said
This article gives no reason why the stock would have a "outright disaster" anytime soon. The cheaper model 3 and expiring tax credits are to be expected. Their opinions about how Tesla handles production are subjective critisms not facts that nessarily correlate to the real world.

It also ignores Tesla's recent price changes on their models and their pivot to driverless cars with their new chip. This low information article was written by a short seller.
Stock price has fallen consistently this year.

And missing delivery targets is not subjective. That's pretty cut and dry.
+1   

 2 months ago '17        #21
dubsax 16 heat pts16
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 nfo187 said
Time to buy in!
nah
NIO is a better play
at 4.75 it can triple by the end of the year
+3   

 2 months ago '04        #22
the_malicious 114 heat pts114
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Anti-Tesla analysts claim they're headed for "disaster" every quarter lol

Articles like this love to interpret any little thing Tesla does as a permanent drop in stock price to manipulate investor confidence.

But Wall St. has no credibility whatsoever critiquing Tesla

They're way too obsessed with short term performance and they have said Tesla will go bankrupt since the Model S dropped in 2012. But in reality Tesla has gotten stronger every year.

And to claim Elon Musk isn't a visionary is delusional

Even legacy auto makers competing against him admit he's a visionary and the sole reason they had to make large investments in electric right now to compete with Tesla.
+9   

 2 months ago '04        #23
mr_underground|m 2187 heat pts2187
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They don’t make money so it will eventually go down. I don’t see sustainable profit anytime soon.

 2 months ago '15        #24
PolygonMafia 4 heat pts
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Man, whoever short-sold Musk and saw through his initial BS and closed out right...

That man is rich.

 2 months ago '06        #25
vinceisallin 12 heat pts12
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buy low sell high
+1   

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