Tesla's Complete Disaster | Why $TSLA Stock CRASHED.
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- เผยแพร่เมื่อ 2 ต.ค. 2022
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How is Tesla going to survive during an earnings recession?
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Still with Tesla stock, investors can never be sure what will happen next, bearish periods ultimately establish a new set of stocks to buy and watch while setting the stage for a robust new uptrend. I have been reading articles of people that grossed profits up to $250k during this crash, what are the best stocks to buy now or put on a watchlist?
While there’s more pain to come, investors should look for stocks like Royal Philips NV and Alstom SA that have been beaten down enough that they’re a bargain or get a good portflio manager.
I agree, I've been in constant touch with a Financial Analyst for approximately 8 months. You know, these days it's really easy to buy into trending stocks, but the task is determining when to sell or hold. That's where my manager comes in, to help me with entry and exit points , I've accrued over $550k from an initially stagnant reserve of $150K all within 14months
Glad to have stumbled on this conversation. Please can you leave the info of your investment advisor here? I’m in dire need for one.
Sure, the investment-advisor that guides me is Frances Annette Batista, she popular and has quite a following, so it shouldn't be a hassle to find her, just search her
Thank you tariq for this tip. it was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her résumé.
The real reason why TSLA dropped was because I bought shares on margin :(
Buying on margin in a recession.. smart
@@logancomstock8484 I bought on the dip for a swing trade, the market’s in a rally, it would have been smart if it were any other stock 🤦🏽♂️
We’ve been there lady.
@@dakinglp6020 I bought margin on tesla
I invested in it today, that's why.
No. I bought 83 shares pre-market. It's my fault.
Thanks a lot guise
your content is always valuable and much appreciate it, thanks kevin.
Appreciate the info! Thank you for taking the time to share.
If it dips I’m going to just keep buying more
It's going down 90% from here
@@benfyrth1804 Yep
Don't wait it will go down more.
@@matlenaghan7488 price target 100
@@mid105 explain why a target of $100 with sales 50% greater than q3 2021
That wouldn’t make sense to consistently deliver more than you produce. Obviously that ratio is not sustainable.
One thing I noticed was we bought model y performance on July 2022. Our family was in a rush to buy a car so we check the existing inventory on the tesla website every day. Unfortunately, we couldn't find any car in LA, but now they have quite an inventory.
When Kevin justifies Tesla being down as a good thing, people need to realize he is almost all in on the company
You should realize, even if he sold now, he would still be in the green (but he bought the dip).
He’s all in but he didn’t need to spend another $20 million in it Unless he believes
@@zm5668 become a course member and look for yourself
He’s more into Tesla than the American people.
10:15 “the robot looked like an idiot” 😂😂😂😂
📩📩👆👆✍️
That was nice and helpful Kevin. Ty
Was waiting when you would post your view on Tesla dip today. Thank you.
Thanks man, like your videos!
I like your personal insight about daily news! Keep it short and simple. 👍
The stock market behaves the way it does, because there will always be people who: - sell at highs bringing it down - panic sell due to it dropping, bringing it lower - buy at the lows, bringing it back up - buy back in while it's rising
Trying to anticipate a change in the market will tend to go wrong more times than it goes right. Remember, market can remain irrational longer than you can remain solvent. if the market is ranging, trade the range and if the market is trending you should as well trade the trend.
I want to build a diversified portfolio based on my person, I am easily triggered/highly emotional and that could be detrimental to my portfolio. I wish i am patient and systematic person. day trading is not for everyone and multiyear holding is not for everyone. i know my strengths thats why i need proper guidance to be able to venture.
@@wildtxboy6083 god you sound way too much of an emotional investor.
Perhaps you need to ask if investing is right for you.
It sure sounds like it's not and you should stick to spending your time with you therapist
Because you asked. Yes Kevin. Great thoughts/ presentation. Nicely done as usual
Kev,
To answer your question; analysis and thoughts that I don’t hear elsewhere, so your content is always fresh and on point, thank you.
Great video. Top quality content. Keep up the great work Kevin💪
Thank you for sharing, Kevin your videos are amazing
"We produced", "We delivered" Kevin is at the Giga Factory putting the wheels on your next Tesla....LOL That's how invested in Tesla he is! Love you man!😁👍
Great analysis
extra cream pie LMAO
😂
Lmao caught that too 😂
That's why I came to the comments lol
😂
I made his mom an conplete disaster
Impressive. Loved the different point of view!
Wonderful video; thank you for your opinion and sharing how your personal strategy on playing the dip. The automakers are investing a lot in commercials and giving to charities. The Ford Lightning actually has an American flag emblem on the back, but it's black which is kind of weird.
Appreciate the insight
Thank you for a more comprehensive analysis.
Retail is starting to sell off their holdings, which is usually an indicator that the market is bottoming since retail traditionally pulls their money last compared to funds, banks, etc. (Not that I think the market is bottoming for many reasons). However, since retail is finally starting to sell off and a greater percentage of Tesla is owned by retail compared to most stocks it could be a reason why we’re seeing a bit of a drop off in Tesla.
Yep. Tesla and apple.
They need to break down their pandemic gains to see a bottom.
They are also among the largest cap of the S&P. So they will be the last two fall in any market capitulation. Further drops ahead
I don’t see any reason to sell Tesla anytime in the next decade. Sell everything else first imo. With government pushing the transition to EVs teslas car business will not have a decrease in demand at anytime in the near future. Add on the other things they are working on and I still think this is a goldmine stock.
Cybertruck demand/waiting list is insane
Really hope to see that truck on the road soon.
How long does one wait before they move on
As a Tesla employee all I can say I am 100 percent sure it is coming next year.
@@onestepclosertoheaven7347 I bet they have 1 on Dec 31st 2023. I'm ready to buy one.
Announcement of the truck was their biggest mistake. They converted potential 3 and Y buyers to a waiting list for a truck.
The $9k increase in price from last year for the Model Y alone is enough to kill demand. I got lucky and locked in my Model Y long range with 20" rims at $57K. That same car today is 66K. My friends ask if i recommend a Tesla, I say not at these prices. For almost a 70k car i would go for like a Mercedes or BMW SUV that have a lot more luxury features. Tesla needs to keep its most popular car under $60k, especially now that all car prices are beginning to dip.
Thanks for the insight
Thank you! Great thoughts
thanks kevin!
Just subscribed your channel 😊
If Tesla can actually get the Tesla Semi on the road and the battery last 500 miles. That is a game changer
Count the bullish comments that start with “If”and you’ll divest.
They can’t get the range over 500
Meanwhile I drive my truck 600 miles a day and have to park at customers parking lots due to a lack of parking . Our local trucks roll even more miles a day because they run two shifts 24 hours a day . The semi is completely useless until better batteries come along .
Battery production is the bottle neck. Looking with precision, rare earth metal acquisition is the bottle neck. Where is the rare earth metal and who controls the land it resides in?
Edit: Full electrification OCURRS AFTER WWIII
@@E-Nigma_ I have never heard that much BS in a single sentence...
The only WWIII should be in your head
Hey Kevin can you update your portfolio/net worth spreadsheet for us course members plz!
THANK YOU KEVIN. WE LOVE U!!
Excellent summary
Thanks Kevin you always tell the truth.
My main worry is that what if it's trendy to buy a Tesla? They can scale production 50% year after year no doubt, but I'm just not sure they'll be able to find 50% more potential Tesla owners each year for the next 5-10 years. What if we're just a couple years out from peak Tesla interest?? No car company has every scaled a single model of vehicle past 2 million units a year. And that record was set by the Model T when Ford basically invented the car. That's why I have my doubts about them taking the model 3 and Y past 5 mill.
Also quality is not improving and the number of competitors in every segment and at every price point is exploding. If you want to see the future look at Norway (the most mature EV market), VW/Audi has overtaken Tesla this Summer and since 2018 they have been equal with Tesla. So how does Tesla justify a P/E of 90 if it will only sell like other car companies? Virtical integration isn't working, robo taxis are not working and now a TeslaBot? Will that be working in 10 years? They want to do blue sky R&D like Xerox or Honda but without any profits?
Its an easy 10k discount to find that 50% more demand. And they will make more money too
@@aac74 is that VW and Audi combine? Tesla had the overall best selling Ev slots
@@aac74 the quality of my Model 3 has been excellent
The $7500 rebate will mainly benefit Tesla as they are the only ones to build in high volume, if anyone thought Tesla's expensive and couldn't afford one, suddenly now they likely can.
Awesome Show/Video Kevin,
You are the Best,
Thanks
In Finland, ordering a Model 3 currently has an estimated delivery date interval in january-march 2023, which is 3-6 months out from today. Seems like there is still demand out there, just like before.
Tesla is a beautiful buy! Just bought 100 shares & hopefully it dips more so I buy more 😋
Same 100 at 245
Me too. Exactly 100 shares. I'm only a little bit concerned about a potential drop in demand during a recession though. Regards from Germany!
You are hilarious Kevin. Lol remember when I would just sit at a stop sign for like 20 minutes
What price should we sell?
Tesla's are overpriced. I don't think demand is down but who is going to buy a Model 3 at 45k with FSD at 15k. 60k at a 4.5% APR.
The white collar / upper income crowd is almost all squeezed out.
Very few people wanna go spend money after losing 20-50% of there portfolio right now while interest rates are at record highs and going higher.
You also have upcoming food insecurities and food prices being rampant.
If a model 3 was closer to 35k and I wasn't worried about a housing crash, and etc. Maybe. Even if I got a model 3 though, I am not gonna park it outside my 1960's 1 bedroom apartment..... >.>
Exactly who wants to buy a crazy expensive car with the economy in flux and rising intrest rates.... even if gas prices rise its still cheaper to just buy a Civic. I love tesla but its over priced and demand will go down in the next year or two
@@jasonmarino5509 I disagree. Demand will increase, because price will decrease.
@@jasonmarino5509 are you not factoring in the $7500 rebate and what it will do to the demand?
And the insurance is ridiculously expensive. So much so here in southern CA that I canceled my order.
@@rstscott Tesla offers insurance too.
In Norway its still around 6 month waiting time. Used Tesla's sell over sticker price.
Delivery process changed, demand is still there.
Well I bought the dip today at 241.50 . I'm really happy . I thought when I placed my order I'll bet Kevin bought today . I was shocked when I got filled .
Me too. 100 shares. I'm only a little bit concerned about a potential drop in demand during a recession though. Regards from.Germany!
Good job Kevin
you provide incredible values. Bought the dip as well
Kevin knew exactly what he was talking about when he said CREAM PIE 😂😂😂
This is such a manipulation/overaction. Look at the dump a total coordination all happening at 2am. Whoever did this should be arrested and prosecuted for market manipulation via spoofing and spend time in jail imo.
Are you posting on Rumble?
I love it Kev. I am now going to use. That’s extra cream pie baby! Or…. Icing lol
Lol the shot at everything money at the end
5:29 - Exactly, hit the nail on the head.
Great analysis as always 👌🙏
Good points
Yes it was useful guidance
Very impressive analysis . I bought it too today . Almost sold my index fund to buy more. Maybe later this week.
Ouch
How can you deliver cars you haven't produced?
I have not lost $$ on TSLA yet as they always make a comeback sooner or later... so sold MSFT and bought the dip again on TSLA today since they were close to the same price which is rare. 😎
They are close to the same price mainly due to the stock split though.
@@dhui777 Yes, but pre-split would be $725-$730 (at these levels) which was a good price then, too, considering it then ran up to over $1200 and that was before the latest gigafactories opening up not to mention diversification into solar walls, solar charging infrastructure, and other future innovations in FSD, robotaxis, AI, etc. TSLA is practically an ETF in itself. 😎
I bought the dip , 10 shares. Any one else?
20 here
Bought 12
25
Bought 20 at $242. I feel it will pop again, but I accepted it could go down more.
I bought 57 at $270 hoping it would go to $300
Thanks for breaking it down kevin..knew I could get some clarity on it from you..glad i sold a little on Friday to buy more today
Bullish on House Hack. I was wondering about lots. What can we do with lots falling in prices?
Brilliant perspective. I couldn’t agree more.
would love to by Tesla at these prices, Unfortunately being a Tesla employee I can't because of end of quarter rules. Is this actually affecting stock?
What is this rule?
That is BS rule. No broker enforces that for a regular employee. Tesla trying to keep its employees poor.
Just use a family member and buy stock through them, unless your a huge businessman nobody is gonna care if you buy/sell stock that isn’t done with inside confidential information
so , if you work for Tesla ,do you think its going to be a good buy?
Lol people reading your comment; thinking you really work there and know something to give them an edge .
Haha 😂 com’on people .
Kevin's right. in Europe (Ger) they deliver cars only in the last month of the quarter (sept for Q3) as most cars come from China on a ship. Recently Berlin started making model Ys. so they need to find a lot of transport from ports around Europe to delivery centers. so it's hard to find transport only for a month out of 3. my car was supposed to be delivered on sept 21 and they could not ship it from the port. it took them another week to get it in. that was close for them and for me
iDK Kevin, in my world I can't deliver a pizza I haven't produced.
It’s always harder to deliver vehicles than to produce them. As time goes on production will greatly outscale delivery.
Kevin. What do you think about $DGLY
lmao
Do you think that a lot of people are waiting for the tax savings 01/23? I cancelled my order for that reason and will reorder when I can get a delivery and the tax savings.
📩📩👆👆✍️
If it's like Ford they will increase the price to match the tax rebate.
Love this type of Tesla content!!!!
If you specifically like this specific content then specifically tell him so he can make more specific content in this specific range to specifically answer your specific needs
Other robots don't have many use cases, they're just cool and can do backflips. Tesla will start by using them in their own factories and then people will see the real money value
A humanoid robot won't perform anywhere near as well as a task-specific robot so why would you want an Optimus in your factory?
Great analysis Kevin. I am holding and buying more
Yeah that “extra cream pie” remark was just 😂😭
I thought the same when Tesla was unable to secure financing for my purchase and I received a call that my vehicle is ready for delivery.
very interesting
Thanks
Possibly the stretchy-ist stretch I’ve ever heard Kevin use to compare his startup. Tesla and Kevin both use the same browser standard radio buttons 😂😂 and somehow that means something. There are websites from the 1980’s with the same buttons, does that mean they’re doing similar work to Tesla? 😂😂
"extra creampie baby"...seems like Tesla is a different kind of company than I thought lol
Any analysis of sales or demand has to factor in China sales. Even though there are a lot of EV companies in China still they are a huge market with1.4 billion people. It could be economic slowdowns and covid shutdowns could have affected sales in China.
Can they not transfer their cash and wait for exchange money to stabilize?
Tesla is not transfer money from other currencies to USD. For quarterly reports, everything number has to be in USD, that's why they have to do the translation (from other currencies to USD), on paper.
Any thoughts on the fact that Tesla can’t continuously deliver more than exists.
We still have to remember that the cyber truck launch is coming soon, TSLA still has lots of catalysts
Oh yeah that awkward bunch of lines drawn on paper in the dark
Sort of doubt its going to be made in volumes till 2026
@@jrgb9945 once it goes on sale they’ll start making volumes of it, but the question is when will it go for sale
Love you kev
So, this is what Tesla had said regarding about not being able to deliver each vehicle they had produced for Q3 2022. “As our production volumes continue to grow, it is becoming increasingly challenging to secure vehicle transportation capacity and at a reasonable cost during these peak logistics weeks”. I’d like to hear some of your thoughts about these numbers. I want to compare numbers from the 10Q filed for Q1 2022 and my projected numbers of Q3 2022.
(Q1 2022) - 310,048 vehicles delivered.
Revenue
Total automotive revenues: 16,861,000,000
Cost
Total automotive cost of revenues: 11,322,000,000
Selling, general, and administrative: 992,000,000
Income from operations: 4,547,000,000
Margin: 27%
(Projected Q3 2022) - 343,830 vehicles delivered
Revenue
Total automotive revenues: 18,698,128,677
Cost
Total automotive cost of revenues: 12,555,614,808
Selling, general, and administrative: 1,100,256,000
Income from operations: 5,042,257,868
Margin: 27%
customers are everywhere, takes time to deliver. Simple like this. No worries at all.
great you bought the dip after further analysis.
We expected a temporary drop in purchases this year already due to 1) Waiting for the tax credit in 2023, and 2)the recent higher prices Tesla is charging to purchase the car and FSD to slow demand on purpose to catch up on deliveries ….it will likely rebound swiftly 2023
I picked up my 2nd Model Y last week. Love it.
How can you always deliver more than you produce?
And with many people sharing infos upon the costs of battery replacements, people definitely are avoiding them so.. What more are there?
Creampie!?!?! Lol hope you know the meaning of that 😆
Great video. I can't attest to what Tesla is saying. I manufacture luggage and I can tell you I was paying approximately 3500 to get a container from China all the way to Dallas now I'm paying 8k unless its towards the end of month or qtr then its anywhere between 10k and 14k.
The current rate is 61% lower than its level a year ago, though still 170% higher than the pre-pandemic norm.
Oh yeah. What happen to the cyber truck? It seems it never came out 🤣
Where are you flying to Kevin?
In my opinion it is not strange that Tesla produced more than it delivered in Q2 durimg covid shutdowns. Closed loop manufacturing enabled production but outside society couldn’t take delivery.. Durimg Q3 Tesla raised prices to lower wait times and further chose to deliver cars abroad etc. to spread deliveries due to high transportation costs related to congestion. This will lead to manu cars in transit at end of quarter hence the gap in production vs delivery.
Good point Joakim!
I thought Tesla had an almost year long wait time for deliveries a couple months ago, what happened to that?
I know people that will not take delivery of their vehicle until January because of the tax credits. Perhaps this is a big drop of delivery?
how can you deliver more cars than you produced forever without at least a quarter where cars produced is more than deliver?