AMIRZA786

This is how "smart" they are and how good their advice is. If you had invested $10K in TSLA in 2019, this is what you would have made today:



Barrons, Wall Street Journal, Motley Fool and others highly advised everyone to sell immediately

Margate330

If the big shots on Wall Street want to sell short they will get their friends to say Buy, Buy, Buy.

If they want to buy a bunch, they get their friends to say Sell, Sell, Sell. Haha

And for extra confusion just to keep everyone on their toes, they always have contradictory info that keeps people guessing what happens next. Lol

It's a craps shoot.

AMIRZA786

There you go...you hit it on the nail. While pushing everyone to sell off, the vultures were all secretly buying or shorting

LeX2K

They've had sell ratings since 2017 at least, since I've owned the stock.

Looks like 50% YoY growth is back on the menu

Tesla’s US sales soar by 52% with Model Y leading the pack

Model S sales are taking a big hit, people don't want large expensive sedans. See Lucid sales (in the linked story).

AMIRZA786

Not a surprise the Model S sales are declining. Luxury Sedans have lost favor, and at $88K it's pricey. I still see a lot of Model S on the road, more in SoCal though than NorCal

LeX2K

Model X sales are up. People just don't want sedans I fear Tesla is going to cancel the Model 3.

AMIRZA786

Why would they do that? Tesla doesn't break down sales between the two, but collectively they sold 421,371 Model 3/Y Q1 of this year, and are in the process of a Model 3 refresh. Model 3 is still a hot seller. I highly doubt the Model 3 will be discontinued anytime soon

LeX2K

Sure hope not I want to buy the refresh.

AMIRZA786

That would be like Toyota cancelling the Camry (in the US)

AMIRZA786

Companies like BYD and Neta outsell Tesla in China, the biggest EV market in the world. Or is it??????

China is Throwing Away Fields of Electric Cars - Letting them Rot!

AMIRZA786

"Mercedes-Benz is reportedly considering Tesla’s North American Charging Standard (NACS), as it could be the next major automaker to adopt the company’s charging connector"

"Automakers are interested in expanding their customers’ charging and ownership experience as a whole, which makes adopting Tesla’s charging connector an ideal option as it is dependable and expansive"

https://www.teslarati.com/mercedes-b...rs-tesla-nacs/

swajames

One thing the article doesn't mention is that Mercedes previously committed significant future investment to building out their own charging network and infrastructure. Will be interesting to see if a switch to NACS makes that redundant or if they will still build out their network, just with NACS. If I remember right they were talking a billion or so and a quite material network build.

edit - https://group.mercedes-benz.com/inno...g-network.html

TangoRed

I still think they'll still strategically install branded charging stations even if it's using the NACS plug. They were never trying to make the stations MB-exclusive so I feel like the brand awareness opportunity is still there. It's worth noting they're trying to differentiate with their charging network by making it a "premium" experience, which I imagine will look different depending on the site.

AMIRZA786

What does the "premium" experience mean? Coffee/Expresso shop, restaurant etc?

xjokerz

Probably getting customers into a restaurant and tourist shops, etc so they have an effective way to chew through an hour of charging time.