You can install our site as a web app on your iOS device by utilizing the Add to Home Screen feature in Safari. Please see this thread for more details on this.
Note: This feature may not be available in some browsers.
Tesla: Charlie Munger Has A Point About BYD (NASDAQ:TSLA)
Charlie Munger recently suggested that BYD Company Limited is so far ahead of Tesla in China that it is laughable. Click here for our take on BYDDF vs. TSLA.seekingalpha.com
Yeah, I know it's SA, but this piece seems to be less than 50% BS, so much better than most.
When asked recently why he preferred BYD to Tesla, Charlie Munger said:
This piece goes into what Charlie might be thinking, and how it might be justified. Worth a look.
This is nonsensical. is charlie really that deluded? or that determined to hate Tesla? The fact that one company raises prices and the other cuts them? Thats kindergarten analysis.
Not sure why he cant see this but from a shareholder POV its PROFIT that matters, not vehicle prices. If the value of a company was based on vehicle price without regards to profitability we would all be selling our kidneys to buy some Lucid stock...
I hear your comment about profit.This is nonsensical. is charlie really that deluded? or that determined to hate Tesla? The fact that one company raises prices and the other cuts them? Thats kindergarten analysis.
Not sure why he cant see this but from a shareholder POV its PROFIT that matters, not vehicle prices. If the value of a company was based on vehicle price without regards to profitability we would all be selling our kidneys to buy some Lucid stock...
The issue here is that Tesla's prices are transparent. Other manufacturers work through dealers where every car is sold at a different price, so it appears that the price from the manufacturer is stable when in reality it changes just as often, or more often, than Tesla's price. (there are some rare exceptions)I hear your comment about profit.
I will note that there is such a thing as “pricing power”. Pricing power separates (a bit) a product from a commodity. Charlie (and many traditional investment grey beards) avoid investing in companies that lack pricing power. That includes my experience.
To me it sounds like he wants to sell his BYD stock to retail.This is nonsensical. is charlie really that deluded? or that determined to hate Tesla? The fact that one company raises prices and the other cuts them? Thats kindergarten analysis.
Not sure why he cant see this but from a shareholder POV its PROFIT that matters, not vehicle prices. If the value of a company was based on vehicle price without regards to profitability we would all be selling our kidneys to buy some Lucid stock...
Especially you, as history has proven time and time again.Nobody knows
This is what baseless bloviating based on nothing looks like. When bears do the same thing on the downside they get ridiculed, and rightly so. It's no better when it's done in the opposite direction.This, Ladies and Gentlemen, is what daily chart looks like just before it goes ballistic
I hope you're right but I don't see how someone could view this as a breakout ready to happen. I see the share price, in a bear market, coming up to the 200-day and the upper edge of the downward trend line. That tells me retracement is most likely over the next few weeks. Additionally we have a gravity well at about 150. We would need something to overpower these technicals, and if past history is any indication of the future, Investor Day is more likely to trigger a downside slide.This, Ladies and Gentlemen, is what daily chart looks like just before it goes ballistic
TSLA daily coiled spring Prepared for major bull run which could literally start anytime
Bollinger breakout likely to happen with price action similar to October 2019 when TSLA broke out almost 350% within 4 months
Will it happen again? I dunno but I’m super excited and have accumulated a decent sized position in anticipation of an imminent breakout rally in TSLA shares
How high could Tesla shares go within next few months? Nobody knows but $400 to $700 will not shock me. Not very likely that it hits $600+ by summer but hey, weirder things happen in stock market all the time
I’m sitting tight, with delicious anticipation, dead set to make back all my lost $ with God’s grace
All above is simply my wild speculation that nobody should take seriously
Certainly Not financial advice. None of this is.since I could be misinterpreting this chart and may easily be proven wrong by markets which have humbled many great speculators
View attachment 910651
I disagreed with you primarily because you appear to ignore manufacturing efficiency apart from traditional volume efficiency. You also ignore the process efficiency from design and manufacturing processes that few OEM's consider at all, such as gigapress, octovalve, vehicle operating system and the factory OS. Further you ignore distribution system efficiency in sales, delivery and support. All those are responsible for a major part of the industry-leading Gross Margins.I hear your comment about profit.
I will note that there is such a thing as “pricing power”. Pricing power separates (a bit) a product from a commodity. Charlie (and many traditional investment grey beards) avoid investing in companies that lack pricing power. That includes my experience.
EM has a manufacturing vision based on ever expanding volume resulting in pricing being a critical tool for maintaining volume growth. Risky.
...
Maybe or maybe TSLA is down on Mondays and Fridays, and at 9 am to 10am EST on other days, I can set my clock to this schedule.Inflation data came in hot this morning and the market started tanking immediately. We might have a down day on our hands!
Or one could consider that what is transparent is demandThe issue here is that Tesla's prices are transparent. Other manufacturers work through dealers where every car is sold at a different price, so it appears that the price from the manufacturer is stable when in reality it changes just as often, or more often, than Tesla's price. (there are some rare exceptions)
Just as likely.Maybe or maybe TSLA is down on Mondays and Fridays, and at 9 am to 10am EST on other days, I can set my clock to this schedule.
Oh that's right.... where will they put the CB Antenna? (I used to install these, lol)it’s a month old..and someone linked it in the semimsection ( got no responses) but this article is pretty informative on the semi. I would say looking good for tsla, but also thought it made a good point about software specific things for various companies using the semi, which Tesla does not currently provide, and I have not considered that angle before.
Go Inside the New Tesla Semi: Features, Screens, Seats, and More
Oh that's right.... where will they put the CB Antenna? (I used to install these, lol)
Kidding aside, what software is Tesla missing in the Semi?