Research archive for TSLA

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.

Power generation is a hot topic in South Africa at the moment. And everyone seems to have an opinion. Although most of those opinions are not really solutions.

On Wednesday after the US market closed, Tesla reported their Full-Year and Q4 numbers. It was the first time in the history of the company that it reported a profit for two quarters in a row. This feat was all thanks to the massive ramp-up of the Model 3 production. The graph below shows you just how impressive the accomplishment is.

On Friday, Tesla published a memo saying that the company will be laying off about 7% of its full-time employees in the US. The electric car maker will be cutting all non-core contractors in a race to bring the company to profitability and ramp up the $35 000 Model 3.

When I was in Europe 3-years ago I noticed that quite a few taxies were Tesla Model S's. This may sound extravagant but for industries which put heavy mileage onto vehicles, it makes sense to go electric. The obvious saving comes from the use of fuel but don't forget that electric vehicles are far easier and cheaper to maintain. The old school motor industry is very reliant on servicing your vehicles. That is why they forfeit warranties if you do not service your vehicle at branded dealerships. This also means that the resale value of electric vehicles is better.

Tesla reported blockbuster, eye-popping quarterly profits in its third, and the most profitable quarter since listing. Most analysts expected to see more red on the profit and loss statement.