Research archive for TSLA

Now that the Chinese Gigafactory is in production mode, Tesla needs to increase its support network to ensure customer satisfaction - Tesla plans after-sales network expansion in China as Shanghai factory spins up.

Electric vehicle manufacturer Tesla is an interesting investment proposition. I own the shares myself, so I've been on that wild ride. I first bought shares at $17 each on 13 August 2010. They went from there to just under $380 in 2017, and closed at $250 last night, just before releasing their third quarter (Q3) results. (It is up a whopping 20% premarket this morning)

I had forgotten that Tesla is busy working on a new roadster. The original roadster was the car that put Tesla on the map. In a recent podcast, Tesla's chief of design said that the car will be better than the original specs announced when the car was unveiled in 2017.

We have covered Tesla's entry into China closely. As you know, they are flying ahead with the construction of the Gigafactory 3. This video shows the amazing progress in just 1 year.

Tesla was hoping to deliver 100 000 cars in the three months to September, but missed the mark by 3 000. The other issue is the fact that the average price of the Tesla is coming down dramatically as we see ramp up in the Tesla Model 3 which is significantly cheaper than my favourite Tesla Model S.

I find it fascinating how some developing nations jump straight to modern, more efficient solutions, skipping old legacy methods still being used in developed markets.

Despite all the trade war rhetoric, Tesla seems to be in China's good books. The company secured a big tax exemption which was announced on Friday.

Tesla rebounds from a bad first quarter by delivering 95 200 cars in the second quarter, breaking records. This beats the companies 2018 fourth quarter record when the company delivered 90 700 cars. The news comes after a rough first quarter, in which the company incurred massive losses as deliveries shrunk.

On Tuesday, Tesla held its AGM. There were no surprises, good news for shareholders. The general message is that Tesla will continue to grow at an incredible rate. Part of that growth includes opening a factory in Europe and maybe getting involved in mining to secure the materials needed for their batteries.

The concept of trading greenhouse gas credits is one that I really like. How it works is that companies by law have to have a certain amount of credits. They can either create credits by protecting the environment or they can buy credits from someone else who creates the credits.

On Tuesday after the US market closed, Stryker released their latest quarters results. Continuing the form of other companies, Stryker beat both on revenue and earrings. Even though the company beat analyst expectations, share were down yesterday. I suppose it shows that the market is expecting big beats.

Yesterday was Earth Day, an annual event created to support environmental protection. I know this may sound hipster or greenie or millennial, but the truth is, this is one of the biggest challenges we face today so it needs to be taken seriously. What can we do as investors to try and support and benefit from this movement?

You may have noticed that Tesla dropped 8% last night. That is because they announced delivery numbers that disappointed the market. In the first quarter they produced 77100 vehicles but only delivered 63 000. This was down 31% from the previous quarter but still up 110% from the first quarter last year.

Last night Elon Musk launched Tesla's latest car, the Model Y, a cheaper crossover SUV. This completes the Tesla set of cars, which spells S3XY when you put the names together. Musk even ended his presentation by saying 'We are bringing Sexy back'.

Tesla has finally released the long-awaited $35 000 Model 3 that I'm probably going to drive one day. This new Model 3 boasts 220 miles range, a top speed of 130mph, and for the "petrol" heads (maybe car lovers?) out there; this thing goes from 0-60mph in just 5.6 seconds.