The price was going parabolic around new years? Had I heard about it moving up like that I would have bought in to it but now it's price is taking a little breather?
During Tesla's price spike the charts for other big ones like General Motors and Toyota Motors were more or less riding steady. That makes me think Tesla has an edge over the competition - possibly technology based.
Those car manufactures are turning into computer and electronics companies. Telsa is more like a drone engineering or space exploration company in the making, and futuristic technology is in the drivers seat now.
Tesla is way overvalued, but does that even matter? They are clearly the leader in the electric vehicle space based on their battery technology. Would you want to buy a car from a different manufacturer, even in nicer manufacturer, if the battery lasted 30% less?
Everyone else is playing catch-up at this point, Tesla continues to run away from the crowd.
Stock withstood a $2b announcement of new issuance which is a v bullish sign. Options implied vol has dropped significantly, traders now terrified to short this ticker so hard to know what would be the catalyst for a gap down.
Tesla's just got a huge lead in the space, for high-performance electric sports car there is no real competitor. The Porsche Taycan looks to be the closest competition.
The Taycan may have a slight edge in some categories over the Tesla. For example, the Taycan 0 to 60 time is 2.4 seconds versus the Tesla's model s performance of 2.5 seconds. Over all the Tesla blows away Taycan in the important categories. For example price, the Taycan starts at $186,000 versus the Tesla model s performance which starts in $101,000. A huge difference. The other big category, the Taycan has a range of only 192 miles versus the teslas range of 326 miles.
Virgin Galactic is like a mini Tesla, every day it's exploding more and more. At what level does it make sense for your hat in and jump on the bandwagon?
Virgin Galactic is like a mini Tesla, every day it's exploding more and more. At what level does it make sense for your hat in and jump on the bandwagon?
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TESLA's China Peer Ideanomics Announces Q1 2020 Earnings Call
Ideanomics (NASDAQ: IDEX) announced the release of its 2020 first-quarter financial results on Monday, May 11, 2020. A press release will be issued at approximately 4 pm ET, followed by a conference call at 4:30 pm ET (4:30 am Tuesday, May 12, 2020 Singapore & Beijing Time). Members of the company's senior management team will give prepared remarks, followed by a short question and answer session.