[sgbuffett]

Some time back I said Tesla investors should exit as Elon own brother dumped all his shares at around $1000. As the stock price falls, I wanted to see if this is a buying opportunity as it appears to be a fast growing company. After much research, I believe it is all a mirage and it will be shattered in coming weeks.. Not that I think Tesla is not a profitable car manufacturer but it is probably worth below $200 or less once you strip away the froth and overvaluation.

https://www.businesstimes.com.sg/transpo...hare-sales

Shanghai production has plummeted so Teslasla will miss next quarter eaenjngs

https://fortune.com/2022/05/11/tesla-sha...roduction/

But this is a temporary problem that will be resolved.

However permanent damage as Elon Musk is embroiled on a sex crime. He may have to resign as CEO.

Bill Gates shorted Tesla
https://www.carandbike.com/news/bill-gat...ew-2377778

Top investors who promoted Tesla Cathie Woods sell Tesla to buy competitors

https://www.barrons.com/articles/tesla-s...1652182027



Tesla forced to cut price and margins as Chinese competitors heat up

[sgbuffett]

Tesla exploiting workers in unsafe conditions faces multiple  class action lawsuits.



https://www.wsws.org/en/articles/2021/05...l-m25.html

[sgbuffett]

Tesla has been using accounting tricks to make its numbers look good but all this will end soon.

[sgbuffett]

Tesla J the biggest pig to slaughter

[p1acebo]

Nice titties

[sgbuffett]

Tesla  the biggest pig to slaughter

Here is what Jim Chanos says. Tesla is the Cisco of the 2020-2021 bubble.

Jim Chanos: Yeah. I mean, my market predictions are worth 
Jim Chanos: There's lot of them. So we have been infamously short Tesla for years. And to me, it would be one name I would have your viewers just keep an eye on as a bellwether because it reminds me a lot of Cisco in 1999, 2000 when Cisco went parabolic. Cisco made routers and equipment for the internet. But by 1999 and 2000, Cisco was trading at a huge multiple of revenues. And people were just extrapolating out that Cisco would be in all other kinds of businesses that they actually never got into. And although Cisco did fine as a company going forward, the stock collapsed. And with Tesla, you have a auto manufacturer that's trading at a huge multiple of revenues. Most auto companies trade at one half of revenues because they're cyclical. Tesla trades at nine or 10 times revenues, a huge 90 times the estimated earnings.

So investors are still basically putting all their hopes and dreams on this company saying it will be an energy company, it will be a green company, it will be an EV company, it will be an autonomous driving company, and what have you. And so an insurance company, I mean, people are just putting out all kinds of things on the back of this company. And there's usually in every bull market, there's a stock like this that captures the hopes and dreams. It becomes a canvas upon which investors just extrapolate all kinds of things, usually led by a charismatic leader. And I think Elon Musk qualifies as that. And so that's a stock that I would watch as a real indicator of this market.

[sgbuffett]

A few months ago I said to get out of tesla near the 1000 levels when bubble was at its peak. If I have any, I will just sell all and get out before it is too late.

The chance to exit  for tesla is closing fast as the stock falls. It can get quite dangerous given the amount of tesla stock purchased on margin
If it goes below $600 it will accelerate down.

With recession looming jn US & Europe, its sales will be badly hit. Once the growth narrative is broken, tye downside is rapid. The stock will not come back for years.

The sucker rally to form a 2nd peak in March is something seen many tines in bubbles. It's a cruel move to such in the funds of investors before it plunges to cause losses..

[WhatDoYouThink?]

top guru kelvin still holding tesla or has changed his mind?

[sgbuffett]

top guru kelvin still holding tesla or has changed his mind?

Top Guru Kelvin will hold to the end.
Because he guru himself to be 100% believer.

It's like falling in love with wrong woman. Initially it is sweet and beautiful but when things change you can never let go because you invest so much love into it already.

I just see these fanboys holding tighter or buying more as it falls.

But Tan Kin Lian may sell. He is old and been through many cycles, he knows the darlings are just darlings for a while....you enjoy them when it lasts but you must always let go. The only wife you should have are the most boring companies like Unilever, PG, Mcdonald, etc.

[FangFang]

Tesla is a god company and future need a push forward too..

[sgbuffett]

Tesla is a god company and future need a push forward too..

You  can buy if you so wish. There is a right price for something. Cisco is still dominant in routers...just that price was too high 20yrs ago.

Tesla will still make cars 10yrs from now. It will share the market with half a dozen big competitors.

[WhatDoYouThink?]

another top guru chicken genius no more news already? and top master leong or loo?

[Sticw]

Not a bad strategy to crash it to nothing and take it private. Dell showed the way... Lol so did Osim...

[sgbuffett]

Not a bad strategy to crash it to nothing and take it private. Dell showed the way... Lol so did Osim...

If it crashes to $200 who has the 300B to take it private. It js still .more expensive than GM and Toyota combined and sells a tiny fraction of the cars that these companies sell...

The main reason it is price so high is the hype pumping on the Internet...as this pumping is getting weaker it goes into vicious cycle.

[revealer]

Tesla's price was pushed up mainly because of the propaganda of the Shanghai factory which opened in 2019.   Now that the game is over after several closures of the Shanghai factory,  it started to come down.   Once the PE started to drop, it will continue to drop until all factories are in full swing.  But Tesla's PE of 90 is still 4 times higher than Apple's.  There is a long way down unless Tesla can restore its performance with some more innovations.

[RiseofAsia]

Oversold already lah from high $1200++ to now $660.

利空出尽。

Some entertainment companies even drop 80%.

Nasdaq RSI already below 20.

[RiseofAsia]

Now the selling is emotional and insane.

[sgbuffett]

another top guru chicken genius no more news already? and top master leong or loo?

Mr Loo of.1M65 made his money using strategy of investing in markets long-time ago....time do the work. DCA don't look at it. All.his fancy moves like recent purchase of Nasdaq etc are redundant . He leverage on high pay as SingTel Digital media CEO.

Master Leong is a true master. Look at his track record in investnote. Full of multi baggers. He was Magic Gathering champion in Singapore and later became a world class poker player. This guy is can achieve a high skills level in game playing. He also understand the investment game and Is.a good strategist here. You can imagine what level of skills it takes to reach finals of world poker tournaments. He later became a professional working at the equities desk. 
I mainly disagree with how he borrowed 300k to buy alibaba stock as it is poor risk management. Other than that he is very sharp. ...probably the only one I see with deep investing skills not the shallow useless run of the mill guys giving courses.

As for Chicken Genius, he hit jackpot buying early into Tesla making $6M. Everything else he invested in since lost money
 He should be renamed Lucky Chicken. He has since disappeared from YouTube. But you can look up all his old.videos and it must be a disaster for those who followed him into Palanthir, crypto, Square.etc and all his disastrous options moves.

[winbig]

Oversold already lah from high $1200++ to now $660.

利空出尽。

Some entertainment companies even drop 80%.

Nasdaq RSI already below 20.

Tesla is way overvalued lah. Oversold is an understatement.

[RiseofAsia]

Tesla is way overvalued lah. Oversold is an understatement.

Not true.
This selldown left many gaps

[limkopi]

Toyota makes 12 million cars a year. Tesla 1 million cars a year.

Toyota market cap is usd 216 billion. Tesla market cap usd 684 billion.

If Tesla share price drops to usd 210, then tesla market cap same as Toyota.

But at the same market cap of USD 216 billion, Toyota still makes 12 times as many cars as Tesla.

[sgbuffett]

Toyota makes 12 million cars a year. Tesla 1 million cars a year.

Toyota market cap is usd 216 billion. Tesla market cap usd 684 billion.

If Tesla share price drops to usd 210, then tesla market cap same as Toyota.

But at the same market cap of USD 216 billion, Toyota still makes 12 times as many cars as Tesla.

Try telling this simple maths to a Tesla fanboy.

The only reason Toyota is not so big on EV is because the demand for petrol car is still 50 times that of EV. Just look around in Singapore.

Toyota has a transition team for EV and will respond to demand because it is maximising revenues and profit as it goes forward.

Main problem with EV is it is easier simpler technology than petrol car so it can get crowded. Only the battery tech is harder to master. I believe self driving will be licensed by MobileEye and Baidu so everyone will have it. Batteries will be made mainly by 3 companies. As for the car itself many can go into the arena like PC businesses.in 90s. Later it will consolidate into a few big brands because of economy of scale.

[sgbuffett]

Largest market cap. In fact larger that all major auto makers combined.


But has lowest revenues among them


So the tesla fans argue Tesla has higher growth of 50% a year so it deserves a high market cap...even then it has to eventually exceed all the rest combined.

That thesis will break in coming months as its China production and sales slow....send recession hits.

[Sticw]

Frankly I don't see Tesla as a car company. If I want to price it and it does move in the right direction, I see it as a platform for energy. Fast charging network of undisrupted energy network. Just like starlink is the future of internet taking it away from the planet surface into a world of untouchables.

The only problem is that China can replicate much faster and cheaper than what Tesla can do. Just like Amazon and ailbaba. The current fight is Tesla vs BYD or even xiaomi eventually.

Whoever controls energy rules...

[cwc29]

Before covid 2019 the share price $80 nia … after amdk full force printing the share price overshooting to $1200 you see how powerful
The ang mo printing machine … the share price will back to $80 soon …for those ah gong still die die holding .. never said Din never warnings 

[cwc29]

Top Guru Kelvin will hold to the end.
Because he guru himself to be 100% believer.

It's like falling in love with wrong woman. Initially it is sweet and beautiful but when things change you can never let go because you invest so much love into it already.

I just see these fanboys holding tighter or buying more as it falls.

But Tan Kin Lian may sell. He is old and been through many cycles, he knows the darlings are just darlings for a while....you enjoy them when it lasts but you must always let go. The only wife you should have are the most boring companies like Unilever, PG, Mcdonald, etc.

Be a 100% believer must have berry deep
Pocket.. if not enD up sell wife sell house sell dog sell pennies crying no tears soon  

[Sentinel]

Sometimes i wonder whether you guys got a brain or not

It's never about any company

It's the tidal waves that rule the mkt

[cwc29]

Sometimes i wonder whether you guys got a brain or not

It's never about any company

It's the tidal waves that rule the mkt

I tot printing machine ! NO ?!!! 

[cwc29]

I tot printing machine ! NO ?!!! 

Need Billions trillions $$$ to pumping $$$ from milo tin or think air ah ?!!! 

[cwc29]

at $600 i will start shorting gao gao......now still not a good timing....tooooooo many die hard fanboys will coiming to suport at current price...