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On today's TMC Podcast, we ask the question "What is the Tesla Cybercab?". Join us on YouTube live at 1PM and participate in the chat.
ev-enthusiast
Active Member
Here is a report from Global Equity Research’s Trip Chowdhry thinks Tesla Motors first-quarter numbers could be light thanks to the West Coast port strike.
Does anybody have some information on how long the port strike lasted and how long it took to get the entire supply chain up an running at full steam?
Does anybody have some information on how long the port strike lasted and how long it took to get the entire supply chain up an running at full steam?
My first-hand experience: I am not aware that it is resolved. If it is resolved, the ripples are still strong and it might take some time for full reestablishment of efficient movements.
Even businesses down under are affected. In the course of my job, I am waiting for some machinery and materials imported from US. The last correspondence on the shipments that I checked this week seems to indicate uncertain delivery times, stating port issues as a reason. The procurement people are trying to move shipments to the East coast, but there are difficulties in getting hold of shipments.
I would imagine that whoever got caught in the problem has similar experience.
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Deutsche Bank cuts earnings estimates for Tesla
Deutsche Bank cuts 2015 earnings estimates for Tesla by 80%, from 52c to 11c.
FT article discusses Fed's dilemma "Dollar surge poses policy dilemma for FED".
Cheap Euro helped with the reversal in the Eurozone's slowdown. The prospect of FED raising rates pushes the exchange rates in the unfavourable direction for US exporters, squeezing their earnings.
US Fed runs monetary policy for the benefit of US economy. Devaluing world currencies against USD put a constraint on their desire to raise rates. A divergence between ECB easing monetary policy and US FED monetary policy is pointing towards EUD.USD parity. Not good for Tesla's sales in Europe.
With such backdrop, I would expect Tesla to focus on saturating US market at the expense of the rest of the world. Perhaps sales of D and X can help get closer to high US sales, low exports.
Deutsche Bank cuts 2015 earnings estimates for Tesla by 80%, from 52c to 11c.
FT article discusses Fed's dilemma "Dollar surge poses policy dilemma for FED".
Cheap Euro helped with the reversal in the Eurozone's slowdown. The prospect of FED raising rates pushes the exchange rates in the unfavourable direction for US exporters, squeezing their earnings.
US Fed runs monetary policy for the benefit of US economy. Devaluing world currencies against USD put a constraint on their desire to raise rates. A divergence between ECB easing monetary policy and US FED monetary policy is pointing towards EUD.USD parity. Not good for Tesla's sales in Europe.
With such backdrop, I would expect Tesla to focus on saturating US market at the expense of the rest of the world. Perhaps sales of D and X can help get closer to high US sales, low exports.
ev-enthusiast
Active Member
As far as I know the port strike ended in mid Feb.
Does anybody know how long it took to resolve the backlog of import (batteries, parts) and export (vehicles for Europe, APAC)?
Anybody with a Tradeview access to Zepol here (can not register free trial as my german email address is not accepted...)?
Looks like on can get pretty detailed and interesting reports from the Zepol web site...
The only chart I could get without registration is San Francisco port volume:
Pacific Crest note on Tesla: It's your standard bipolar debate dripping with pessimism
The title reflects Tesla stock becoming a battleground between doubters and believers, with few neutral parties.
Pacific Crest maintains outperform ratings and $293 price target.
Overview of PC bull case
The analyst carried out small scale research, with the takeaways:
The analyst cites bear case: demand is not sustainable, recent execution hiccups and China market problems.
The title reflects Tesla stock becoming a battleground between doubters and believers, with few neutral parties.
Pacific Crest maintains outperform ratings and $293 price target.
Overview of PC bull case
The analyst carried out small scale research, with the takeaways:
The analyst cites bear case: demand is not sustainable, recent execution hiccups and China market problems.
Thanks for posting: I believe both the bull and bear case are legitimate but we know the bull case is true (and will happen) and that the bear case is 'fixable'. Demand is not an issue long term as we get into model3 and EVs become more popular. Execution hiccup was real but is fixable as TM learns to ramp and supply chain improves (ex: port strike over) and China demand is not what TM/EM thought it would be so there is work to be done there (charging infrastructure/cultural learning curve/central government support/partnership/alliance with Chinese company) but they are fixable.
CSLA cuts ratings on Model X margin outlook
CSLA cuts ratings on Model X margin outlook
CSLA revised TSLA ratings from outperform to underperform and cut price target from $275 to $220. Longer term the analyst consider the stock attractive due to signs of progress in China and a promising stationary storage opportunities.
CSLA cuts ratings on Model X margin outlook
CSLA revised TSLA ratings from outperform to underperform and cut price target from $275 to $220. Longer term the analyst consider the stock attractive due to signs of progress in China and a promising stationary storage opportunities.
The Most Attractive Employers for Engineering Students
Forbes article, The Most Attractive Employers for Engineering Students in 2015, provides a list of employers that engineering students aspire to work for.
1. NASA
2. Google
3. Boeing
4. Tesla
5. Space X
6. Lockheed Martin
7. Walt Disney
8. Apple
9. Exxon Mobil
10. General Elecric
The most attractive employers for business students:
1. Google
2. Walt Disney
3. Apple
4. Nike
5. JP Morgan
6. EY
7. Goldman Sachs
8. Deloitte
9. PWC
10. FBI
Forbes article, The Most Attractive Employers for Engineering Students in 2015, provides a list of employers that engineering students aspire to work for.
1. NASA
2. Google
3. Boeing
4. Tesla
5. Space X
6. Lockheed Martin
7. Walt Disney
8. Apple
9. Exxon Mobil
10. General Elecric
The most attractive employers for business students:
1. Google
2. Walt Disney
3. Apple
4. Nike
5. JP Morgan
6. EY
7. Goldman Sachs
8. Deloitte
9. PWC
10. FBI
Tesla Motors research coverage started at Argus
Argus issues a note on Friday and started coverage of TM, with a HOLD ratings.
Four analysts have rated the stock with a sell rating, eight have given a hold rating and fourteen have issued a buy rating to the company’s stock.
Tesla Motors presently has an average rating of Hold and an average price target of $256.19.
Argus issues a note on Friday and started coverage of TM, with a HOLD ratings.
Four analysts have rated the stock with a sell rating, eight have given a hold rating and fourteen have issued a buy rating to the company’s stock.
Tesla Motors presently has an average rating of Hold and an average price target of $256.19.
ev-enthusiast
Active Member
Same old FUD today from Bank of America Merrill Lynch and presumably their auto analyst John Lovallo: Bank Of America's 10 Most Explosive Stock Picks - (ACT), Anadarko Petroleum Corporation (NYSE:APC) | Benzinga
10. Underperform: Tesla Motors Inc TSLA 0.16%
Analysts believe that Tesla "lacks any real technological advantage over its competitors" and see a significant Q1 loss, an increase in the company's already-bloated cashburn and a questionable delivery outlook.
10. Underperform: Tesla Motors Inc TSLA 0.16%
Analysts believe that Tesla "lacks any real technological advantage over its competitors" and see a significant Q1 loss, an increase in the company's already-bloated cashburn and a questionable delivery outlook.
Here is what Bank of America Merrill Lynch's John Lovallo had to say about TSLA over 25 months ago while it was trading in the thirties shortly after I bought my shares: What Wall Street thinks of Tesla - The Tell - MarketWatch
As reported in MarketWatch on February 21, 2013:
BofA’s John Lovallo II : He cut the stock to underperform from neutral and lowered his 2013 profit estimate to 10 cents from 30 cents a share. “We believe meaningful challenges lie ahead for Tesla and expect demand for electric vehicles to remain tepid until technology evolves and consumers aren’t forced to pay a premium or sacrifice convenience.” His price target is $30.
As reported in MarketWatch on February 21, 2013:
BofA’s John Lovallo II : He cut the stock to underperform from neutral and lowered his 2013 profit estimate to 10 cents from 30 cents a share. “We believe meaningful challenges lie ahead for Tesla and expect demand for electric vehicles to remain tepid until technology evolves and consumers aren’t forced to pay a premium or sacrifice convenience.” His price target is $30.
I wish I could read their true thoughts, since I don't get Lovallo and BoA...and they disqualify themselves more and more with their notes/ratings. Do they really believe their own words (which would signal really bad research & analysis) or is it a strategic decision to talk TSLA down continously (which would mean they're clearly advocates of the past and/or a dirty fossil fuel future)?
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