Oliver Stone’s movie Wall Street, and Gordon Gekko, really captured the go-go zeitgeist of 1980s materialism and greed. Even today, it feels like many still operate with Gekko’s quote in mind: “It’s not a question of enough, pal. It’s a zero-sum game, somebody wins, somebody loses.” Tesla and SpaceX CEO Elon Musk … [continued]
Originally posted on EVANNEX. Right now, Tesla is at the vanguard of an all-electric future. On Wall Street, the company’s market value has outpaced its auto industry counterparts who specialize in internal combustion engine (ICE) technology. Are things changing, though? To that end, are Tesla’s competitors still investing in ICE development anymore? Analyzing legacy … [continued]
Wall Street banks slammed a proposed rule that would force lenders to finance fossil fuel projects, Bloomberg reports, questioning both its legal underpinnings and fast-tracked process.
A number of Wall Street insiders have crowned Tesla [TSLA] 2020’s stock of the year.
Note: Nothing below is investment advice. I appreciate how many comments my articles tend to get, and I try to read them all, even though I rarely reply.
I was reading through the comments on my recent Tesla earnings call article, and an interesting comment caught my eye from PragmaticCitizen. That statement was:
“As a shareholder, this is obviously an op ed.”
This is the most in-depth guide on the internet on Tesla [TSLA] stock analysts on Wall Street and beyond.
Below are a number of top takeaways from Tesla’s latest shareholder letter and conference call. Perhaps these thing stood out to you as well. Perhaps they will light a spark in your brain.
After the Tesla earnings call, I was thinking, what has really changed? Sometimes the questions are more important than the answers. Consider what we learn from examining the following questions that most investors had 2 years ago as the Model 3 production ramp began:
There have been many pieces on Tesla stock’s rocket run over the last month. According to stockcharts.com, Tesla went from a low price of 328.69 on December 2nd, 2019, to a closing price of 430.38 on December 27th, 2019 (it has dropped a bit since then). This is a phenomenal return of 30.9% gain in less than 30 days. I speculated earlier on many reasons why it happened. It turns out, though, the reason may be very simple. Wall Street analysts are expecting Tesla to earn higher profits in 2019 and 2020 compared to what they thought 3 months ago.
