Shares Of Tesla EXPLODE After POSITIVE Q4 19 Earnings — Where's The Elevator's Next Stop?

Shares Of Tesla EXPLODE After POSITIVE Q4 19 Earnings — Where's The Elevator's Next Stop?
From the beginning of 2H 2019, it's been remarkable to watch Tesla. The company is carrying significant momentum.

And for the naysayers, boy, they're eating crow today.

That's because Tesla reported earnings after the bell. At the time of this writing, shares of TSLA are up 15%, which is around $653/share. It's hard to think that about one year ago the expectations were that Tesla was doomed. Now the Model Y has ramped ahead of schedule and the CyberTruck is waiting in the wings.

The big news is this: The company beat earnings and has provided guidance suggesting it will sell more than 500,000 vehicles in 2020. Given the U.S. operation is humming and its Shanghai factory is online and delivering autos, 500K doesn't seem so far out of reach any longer.

That said, we've got to ask: If YOU could put a price target on shares of TSLA, where would you mark the next stop?



Tesla Inc. stock rallied more than 6% late Wednesday after the Silicon Valley car maker reported quarterly earnings that topped Wall Street views and set a goal to “comfortably” sell more than 500,000 vehicles this year.

Tesla
said it earned $105 million, or 56 cents a share, in the fourth quarter, compared with $140 million, or 78 cents a share, in the year-ago quarter. Adjusted for one-time items, the company earned $2.14 a share, compared with $2 a share a year ago.

Revenue rose 2% to $7.4 billion, compared with $7.2 billion a year ago...

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USNA1999USNA1999 - 1/29/2020 6:23:00 PM
+3 Boost
Awesome! Good for all the shareholders! I think the stock is getting a little ahead of itself though


SanJoseDriverSanJoseDriver - 1/29/2020 8:54:17 PM
+1 Boost
https://ir.tesla.com/static-files/b3cf7f5e-546a-4a65-9888-c928b914b529


runninglogan1runninglogan1 - 1/30/2020 12:04:05 AM
+3 Boost
Hope you're not shorting the stock. Lol.


CANADIANCOMMENTSCANADIANCOMMENTS - 1/29/2020 7:47:02 PM
+3 Boost
Time fore stock split. 3-ways for sure at that price.


carloslassitercarloslassiter - 1/29/2020 7:58:34 PM
+6 Boost
The naysayers about to post diatribes have two courses of action:

1. Go off on another rant about how Tesla is going bankrupt, or
2. Short the stock.

Which one do you think they'll choose?


MDarringerMDarringer - 1/29/2020 8:41:55 PM
-2 Boost
This is a good time to dump Tesla stock.


runninglogan1runninglogan1 - 1/30/2020 12:04:29 AM
+4 Boost
Stick to selling used cars.


HauergHauerg - 1/30/2020 5:27:41 AM
+5 Boost
I‘d prefer to dump MDarringer.


jeffgalljeffgall - 1/29/2020 8:56:39 PM
+4 Boost
Their market cap and EPS are completely out of wack for their profitability and productivity.


SanJoseDriverSanJoseDriver - 1/29/2020 8:56:40 PM
+1 Boost
One of the questions on the investor call was why not raise more money to accelerate growth or acquire more companies? They said they are spending money on growth as quickly as possible while still staying capital efficient. Also, there are no companies worth acquiring at this point... everything from cell production to autonomy is being done in house.


SanJoseDriverSanJoseDriver - 1/29/2020 8:59:05 PM
+2 Boost
Also notable, Model Y starts shipping in MARCH and the line is complete. Battery/Powertrain investor day in April, and new Full Self Driving features will be rolling out by the end of the quarter.

There are unreleased features in the Truck and the Plaid powertrain will blow everyone's mind according to Musk.


supermotosupermoto - 1/29/2020 9:40:23 PM
+2 Boost
FY 2019 loss was $862 million...still losing money on every car they sell.

The Q4 profit came entirely from selling energy credits.

500k cars promised in 2018
500k cars promised in 2019
500k cars promised in 2020

But the more cars they sell, the more money they lose.





SanJoseDriverSanJoseDriver - 1/29/2020 11:00:11 PM
0 Boost
Yes, yet the last two quarters are profitable and they will likely be profitable most quarters going forward.

Also, they promised at least 360k cars in 2019, and they hit it. 500k this year will be a cakewalk as they currently have capacity for up to 650k cars. Even if they sell 0 Model S/X, they can hit the target.


HauergHauerg - 1/30/2020 5:28:57 AM
+2 Boost
Corrected this for you: Still losing money on every car they don‘t make.


SanJoseDriverSanJoseDriver - 2/1/2020 7:20:16 PM
+1 Boost
In Q3 and Q4, they made money on every car they made. The question is whether adding one more unit would result in a positive contribution margin, and the answer today is yes.


rockreidrockreid - 1/29/2020 9:52:13 PM
+3 Boost
I’m sure Elon thinks the tears of TSLA short sellers and naysayers taste delicious.


runninglogan1runninglogan1 - 1/30/2020 12:02:46 AM
+2 Boost
Incredible performance!

Short sellers are going to be butthurt tomorrow. Lol.


SanJoseDriverSanJoseDriver - 1/30/2020 3:05:29 AM
0 Boost
A further short squeeze could drive the price even higher tomorrow.


supermotosupermoto - 1/30/2020 10:23:54 AM
+1 Boost
16 straight years of annual losses! I don't think any other company in the world has beat this record.


countguycountguy - 1/30/2020 11:49:17 AM
-1 Boost
I still think there cars are total crap and will never buy one, but morons still waste their money on them which is why I bought the stock at $180. Will use the profits to buy a Taycan or other quality EV. So buy all the Teslas you want, thanks for the money.


Agent00RAgent00R - 1/30/2020 5:50:09 PM
0 Boost
I agree with you.

Personally, I wouldn't buy one and I've told family/friends who were interested to stay away. Some listened, some didn't.


malba2367malba2367 - 1/30/2020 1:47:27 PM
+2 Boost
This is a short squeeze....casual investors will bet burned if they try to hop in at these prices. If you are holding...now is the time to sell get back in when the prices come back down to earth.


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