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.
Warren’s climate plan is a progressive patriot’s dream plan. Unions, supply management, the moonshot and WWII are all present. And jobs. Lots of jobs.
There’s an interesting thing that happens every quarter. Once solid estimates for Tesla’s quarterly production and delivery numbers are in, short sellers and critics jump to the next quarter and typically claim that delivery will fall off tremendously because pent-up consumer demand has been exhausted and sustainable new demand is going to be much more limited.
Today, we have some interesting information to share with you regarding Tesla analyst price targets for TSLA. Before we get there, however, a bit of backstory: About a month ago, we livestreamed Tesla’s quarterly investor call on YouTube, adding special features like being able to see who was asking questions and what the questions were (written out in text). We even showed a live TSLA stock ticker.
The 20 most popular CleanTechnica articles last week are listed below. First, though, I’ll note some of my personal favorites of the week.
Morgan Stanley put out an updated forecast on Tesla stock [TSLA] in the past week. It included close to nothing of any use. Many in the media must have recognized it was useless, so they picked one part of it to focus on for their own fun and games. They picked the lower end of the financial institution’s Tesla stock price forecast and stuck with that.
After the company’s bumpy first quarter, Tesla’s share price has experienced a dizzying rollercoaster ride. All across financial news media outlets, the narrative surrounding the company continues to feed off of FUD (fear, uncertainty, and doubt). And much of it appears to be echoed by Wall Street analysts who cover the stock. Some influential investors, however, see things differently.
Editor’s note: CleanTechnica, EVANNEX, and surely others were given a sneak preview of some Tesla investment news from Galileo Russell. The TSLA YouTuber has been working on a way to give retail investors a bigger voice on Tesla (and other) financials calls. Read on below to learn more and participate.
I have to admit, it’s pretty hilarious sometimes to see how Wall Street responds to Tesla news. It’s also hilarious to see the wild and ridiculous nonsense some Tesla [TSLA] short sellers or professional trolls spout. I understand that people live in different internet and ideological bubbles these days, but still, the degree to which some grumbling, mumbling critics grumble and mumble about Tesla (and CleanTechnica) cracks me up from time to time.
