Tesla

In the past week China 🇨🇳 17.100 new Teslas
$TSLA (-1,16 %) insured - the second-best week in the fourth quarter and the fifth-best week of 2024.

Tesla China is heading for a record quarter towards a record quarter.

I'm afraid I might make the wrong decision.

It's about Tesla

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A look into the past:

Tesla shares reached their all-time high on November 1, 2021 at around $414.

The share price then reached a low in mid-2022. However, 2022 was also the raccoon year on the stock market, which led to a general market weakness in the technology sector as well as interest rate hikes.

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What has happened in my portfolio in recent weeks:

My Tesla position has grown unexpectedly quickly and significantly. I am now considering selling a third of the position and shifting the proceeds into my ETFs:

$TDIV (+0,06 %)

$FUSD (-0,83 %)

$GGRP (-0,26 %)

Then my ETFs would be the largest positions in my portfolio again, as I wanted. However, restoring the desired allocation does not require a sale and I am in no hurry.

But I have no idea where the journey with $TSLA (-1,16 %) is going to go. For example, whether we will actually see something in the direction of $600, whether profit-taking will drive the price down again, whether we are just building up the double top anyway🤪

I'm afraid I might make the wrong decision. 😨

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How can I evaluate and act wisely and sensibly in this situation?

According to an article in auto motor und sport which is based on a US study, Tesla has the highest rate $TSLA (-1,16 %) has the highest rate of fatal accidents per billion miles driven in the USA. In the statistics, Tesla ranks first with a value of 0.3 fatal accidents per billion miles (one fatality every 178 million kilometers). This is a statistic based on publicly available data on vehicle accidents.

The study raises questions about vehicle safety, particularly in light of the discussions surrounding Tesla's autopilot function. However, experts emphasize that the driving habits of Tesla users could also play a role, as many vehicles are used in regions with high traffic volumes or under demanding driving conditions.

Personal opinion:

Even if the car has the best safety conditions, it won't do any good if the driver behaves badly 🥴

Source:

https://www.auto-motor-und-sport.de/verkehr/tesla-unfallstatistik-usa-toedlichste-automarke/amp/

The news is based on what I personally consider to be reputable sources. However, I do not guarantee their accuracy. No advice.

18.11.2024

RBC rates Tesla 'Outperform' - Target 313 dollars + Enel plans to earn more in the coming years - Dividend increased

The Canadian bank RBC has raised its rating for Tesla $TSLA (-1,16 %) to "Outperform" with a price target of 313 US dollars following media reports. In his comments on Monday, analyst Tom Narayan addressed speculation that US regulations on self-driving cars could be relaxed during Donald Trump's administration. This would be a decisive step in the development of the technology and robotaxis in particular, as it would reduce important cost factors. This would be positive for shares.

The Italian energy supplier Enel $ENEL (-1,04 %) wants to continue to grow in the future after a good year. In the coming year, Enel expects a net profit of 6.7 to 6.9 billion euros adjusted for special effects, as the company announced on Monday at a capital market day in Milan. This figure is in line with analysts' expectations. Last year, Enel earned 6.5 billion euros on an adjusted basis. For 2027, the energy supplier is aiming for 7.1 to 7.5 billion euros. Adjusted for one-off effects, earnings before interest, taxes, depreciation and amortization (EBITDA) are expected to rise to between 24.1 and 24.5 billion euros by then. Last year, it amounted to just under 22 billion euros. So far, Enel has made noticeable progress with its cost-cutting program. In the first nine months of the current year, adjusted operating profit rose, as already announced, by 6.5 percent compared to the same period last year to around 17.4 billion euros. The shareholders of the energy supplier should also benefit from the positive profit development: Enel would like to propose a higher dividend of €0.46 per share at the next Annual General Meeting. 0.43 per share was distributed for 2023. The minimum dividend is also set to increase from EUR 0.43 to EUR 0.46 between 2025 and 2027.

Monday: Stock market dates, economic data, quarterly figures

ex-dividend of individual stocks

UniCredit EUR 0.93

Intesa Sanpaolo EUR 0.17

ENI EUR 0.25

Equinor NOK 6.48

Walgreens Boots Alliance USD 0.25

Amgen USD 2.25

Chevron Corporation USD 1.63

Quarterly figures / company dates Europe

07:00 Thyssenkrupp Nucera Q4 sales

09:30 Enel Capital Markets Day

18:00 Thyssenkrupp Nucera Trading Statement

Untimed: Vivendi Capital Markets Day

Economic data

00:50 JP: Core machinery orders 9/24

08:00 DE: Building permits

09:15 DE: ECB Vice President De Guindos, speech at Euro Finance Week (10 am panel with Deutsche Bank CEO Sewing and Commerzbank CEO Orlopp)

11:00 EU: Trade Balance September

16:00 US: NAHB Index 11/24

No time given: BR: Start of G20 summit in Rio de Janeiro (until 19/11)

The Zero Emission Transportation Association 🇺🇸, whose members include Rivian
$RIVN (+0 %), LG, Tesla $TSLA (-1,16 %), Uber
$UBER (+0,55 %), Lucid
$LCID (+2,6 %) and Panasonic
$6752 (+0,49 %) emphasized that production tax credits can save a significant number of jobs in states such as Ohio, Kentucky, Michigan and Georgia.

She warned that eliminating these production and excise tax credits would not only jeopardize these investments, but would also hinder job growth in the USA and would cause lasting damage.

CATL boss: Musk has no idea about batteries, 4680 cell will fail.

$TSLA (-1,16 %)
$300750

Summary

CATL boss Robin Zeng criticizes Tesla's new 4680 battery cells

Zeng: Elon Musk knows nothing about battery manufacturing

Tesla struggles with cost and production problems for new cells

CATL is the world's largest manufacturer of e-car batteries

Zeng criticizes Musk's unrealistic timetables for developments

Despite criticism: Zeng respects Musk's innovative spirit in other areas

Whether Tesla's 4680 cells will be successful remains to be seen

Tesla's new battery cells will "fail and never succeed". This is the opinion of Robin Zeng, founder of the Chinese battery manufacturer CATL, who strongly criticizes Elon Musk's latest technology decision.

Musk puts Tesla team under pressure

According to the company, the "tabless" 4680 cell developed by Tesla should offer five times more energy capacity than conventional batteries. Tesla announced in September that it had already produced 100 million of these cells, but according to a report by The Information, the company is still struggling with cost and production problems. However, Musk is said to have given his team a deadline of the end of the year to solve these challenges.

Zeng told Reuters that he and Musk had an in-depth discussion about the technology during a meeting in China in April. "I showed him and he was quiet," Zeng said. In his opinion, Musk does not know how to make batteries. Nevertheless, he admitted that the Tesla boss was talented in other areas such as software, hardware and mechanics.

CATL, the world's largest manufacturer of batteries for electric vehicles, supplies batteries for Teslas in China and for Ford models such as the Mustang Mach-E and the F-150 Lightning in North America, among others. CATL specializes in lithium iron phosphate (LFP) batteries, which offer less range but are cheaper and more durable.

Tight time frame

Zeng also commented on Musk's handling of schedules. He criticized the Tesla boss for regularly setting unrealistic deadlines - a problem that is also evident in the development of full self-driving technology, for example. "Maybe it takes five years, but he says two years," said Zeng. When asked why Musk was proceeding in this way, he replied that he wanted to put pressure on his employees.

Despite the differences, Zeng seems to respect Musk's innovative spirit, but sees clear weaknesses in his battery knowledge. It remains to be seen whether the controversial 4680 cells will actually bring about a breakthrough - the competition from CATL certainly seems convinced that the approach is doomed to failure.

https://m.winfuture.de/news/146796

CFRA analyst Garrett Nelson has raised the price target for Tesla
$TSLA (-1,16 %) after the election to 375 USD (previously 265 USD) after the election and upgraded the share to "buy" rating.

$TSLA (-1,16 %) Greetings go out to Elmo.