Main financial assets discussed: Tesla, Inc. (NASDAQ:TSLA)
Top 3 key points:
1. Tesla bears argue that the company's profitability is not sustainable and that its valuation is too high compared to other automakers.
2. The common sense perspective counters these concerns by highlighting Tesla's focus on market share, cost reduction, and future revenue opportunities.
3. The article emphasizes the importance of considering Tesla's mission, innovation, financial strength, and talented leadership team when making investment decisions.
Recommended actions: **Buy** (based on the author's bullish stance on Tesla)
Main topic: VinFast's remarkable debut on the Nasdaq public exchange and its ambitious plans to break into the U.S. marketplace.
Key points:
1. VinFast's stock price soared 68% on its debut, giving it a valuation of $86 billion, surpassing established automakers like Ford, GM, and Stellantis.
2. Despite a subsequent drop in stock price, VinFast still maintains a market cap ahead of other automakers.
3. VinFast aims to enter the U.S. market by building a $2 billion EV factory in North Carolina and opening showrooms in California and other states.
Hint on Elon Musk: Elon Musk is the CEO of Tesla, a prominent electric vehicle manufacturer, and the search for the next Tesla may be driving investor interest in VinFast.
The main topic is the success of former Tesla executives in raising over $26 billion for their own green energy startups.
1. More than 30 startups have been launched or led by ex-Tesla managers.
2. The experience at Tesla has given them credibility with investors backing the startups.
3. The executives have raised over $26 billion for their new ventures.
### Summary
A data breach at Tesla in May was caused by two insiders who shared company information with the media.
### Facts
- 🚨 A data breach occurred at Tesla in May.
- 🏭 75,735 individuals, including current and former employees, were affected by the breach.
- ⚖️ Tesla filed a lawsuit against two former employees and obtained court permission to seize their devices.
- 📝 The breach was discovered after a German news outlet reported on the stolen information.
- 🔌 Tesla's Superchargers make up 60% of the total fast chargers in the U.S. and Canada.
- 💻 Tesla is investing more than $1 billion to build an in-house supercomputer named "Dojo" for autonomous driving.
- 💥 "Dojo" will be used to process large amounts of data and train Tesla's machine learning models.
Elon Musk believes that X, formerly Twitter, could eventually reach a market cap of $1 trillion, expressing optimism about its future valuation.
Wedbush analyst Dan Ives predicts that Tesla's Supercharger network will generate $10 to $20 billion in annual revenue by 2030, representing 3% to 6% of Tesla's total revenue.
Tesla is launching a powerful supercomputer that will enhance its computing capabilities for artificial intelligence (AI) applications and high-performance computing (HPC) workloads, making it one of the world's fastest supercomputers and giving the company a competitive edge in the automotive industry.
Tesla is predicted to reach a value of $1.00 by the end of the year, and despite mixed opinions on its quality, it is seen as a dominant force in the automotive industry similar to other successful tech companies like Apple, Nvidia, Google, Amazon, and Microsoft.
Tesla's stock performance has been mixed as of late, facing increasing competition and pressure to release the Cybertruck, but it remains a dominant EV maker with a strong charging network.
Tesla has reduced the price of its full self-driving beta software from $15,000 to $12,000, offering advanced driver assistance system features such as stopping at traffic lights and stop signs. However, concerns over the software's safety prompted a recall earlier this year.
Shares of Tesla Inc. rose 2.7% to buck the trend of weakness in the electric vehicle market, as the stock looks to rally over 20% above its recent low.
Tesla's autonomous self-driving software has the potential to become its most lucrative opportunity, according to Cathie Wood of Ark Investment Management, who predicts that Tesla's stock could soar and the company could achieve one of the highest valuations in the world.
Tesla CEO Elon Musk, despite previous prioritization of developing a robotaxi, has been convinced by company executives to focus on both a $25,000 electric car and the robotaxi, according to Musk's biographer Walter Isaacson.
Tesla's upcoming $25,000 electric car and dedicated robotaxi vehicle will have a futuristic design similar to the Cybertruck, according to details revealed in an authorized biography of Elon Musk.
Tesla is set to release a new $25,000 electric car, potentially revolutionizing the world of EVs with its affordable price and expected range of 250-300 miles on a single charge.
Tesla is gaining momentum on Wall Street as an artificial intelligence stock.
Tesla's supercomputer, Dojo, has the potential to increase the company's market capitalization by $600 billion, according to Morgan Stanley, as it can train AI models for autonomous cars and open up new markets beyond vehicle sales.
Morgan Stanley upgrades Tesla and makes it a top pick with analyst Adam Jonas predicting a 60% rally, while Gilead Sciences could jump nearly 30% as biopharma bounces back, says Bank of America.
Tesla's stock is rising after an optimistic report from Morgan Stanley about Tesla's Dojo supercomputer, which could add about $500 billion in value to the company and potentially become a direct revenue generator.
Morgan Stanley upgrades Tesla's stock and raises its price target to $400 per share, citing optimism over Tesla's new machine-learning supercomputer, Dojo, which has the potential to drive the company's growth beyond the automotive sector.
Tesla's stock rose 6% after being upgraded by Morgan Stanley due to the company's potential in autonomous driving, while J.M. Smucker lost 6.2% following its agreement to acquire Hostess Brands for $5.6 billion, and Tenable Holdings gained 4.3% after receiving an upgrade from JPMorgan.
Tesla stock surged 10% after a Morgan Stanley analyst upgrade highlighted the potential of the company's artificial intelligence capabilities and software and services revenue.
Tesla received a bullish upgrade from Morgan Stanley analyst Adam Jonas due to the potential value of its Dojo supercomputer, but Gordon Johnson of GLJ Research disagrees, criticizing the speculative nature of Jonas' claims and highlighting issues with Tesla's advanced driver assistance technology, leading him to rate TSLA shares as Sell.
Tesla's emphasis on price cuts to drive sales growth may hinder its ability to achieve higher margins and long-term profitability, leading Needham analyst Chris Pierce to have a "Hold" rating on the stock and believe that the company is on a path to becoming a mass-market OEM at a faster pace than previously expected.
Tesla was the most shorted large-cap stock in the US for the third consecutive month in August, but saw a 10% rally after a bullish research note from Morgan Stanley.
Analysts at Morgan Stanley have upgraded Tesla stock to "Overweight" and raised their price objective from $250 to $400, citing the potential value of the new Dojo system, which they believe could add $500 billion to Tesla's market in the future; however, skepticism remains about the timing and impact of the technology, and concerns persist about Tesla's core business and declining margins.
Tesla continues to dominate the US electric vehicle market, outselling the combined sales of its 19 closest competitors during the first half of 2023, illustrating the company's significant lead and dominance in the industry.
Artificial intelligence advancements in Tesla, particularly in the areas of self-driving technology and robotics, are fueling optimism among investors for the company's future growth potential. While immediate profitability from AI may not be seen yet, investors like Charles Harris believe in the long-term value of Tesla and its potential for success comparable to companies like Apple.
Tesla and C3.ai are two stocks that could experience significant growth in the long run if artificial intelligence (AI) software becomes a major player, with Tesla potentially worth $6.1 trillion by 2027 and C3.ai creating substantial value in the enterprise AI industry.
Tesla stock surged 5.2% and cleared its 50-day line after investors showed optimism for a fourth-quarter rebound in deliveries and the launch of the Cybertruck, despite analysts cutting third-quarter EPS estimates ahead of Tesla's Q3 earnings.
Tesla Inc. has once again reduced the prices of its popular models in the US to boost demand and take advantage of improved supply conditions, with the company offering discounts of up to $2,250 on certain models.
Tesla's stock ended the latest trading session at $259.67, with a slight decrease of -0.33%, and analysts are closely watching the company's upcoming earnings disclosure, expecting a decrease in EPS but an increase in revenue compared to the previous year.
Tesla's recent stock splits and its strong performance indicate solid fundamentals and growth prospects, leading to a bull-case price target of $2,500 per share by 2027, implying an 860% upside, according to Cathie Wood's Ark Invest. While the assumptions may be outlandish, Tesla's strong foothold in the electric car and autonomous vehicle markets, as well as its plans for FSD software and robotaxi services, make it a potential investment opportunity for risk-tolerant investors.
Investors are driving Tesla closer to rejoining the $1 trillion club with a market cap of $850 billion, but the company's Q3 delivery performance and price cuts highlight challenges ahead.
