Crown

Board: Ferrari Language: English Region: Worldwide Share/Save/Bookmark Close

Forum - Thread


    Ferrari & Tesla's 2020 Results

    Just posted a blog on Ferrari & Tesla's 2020 results:

    https://karenable.com/ferrari-teslas-2020-results/

    1st time I have ever taken a look at Tesla.  Interesting and very different.

    Comments?


    Re: Ferrari & Tesla's 2020 Results

    Still can’t justify TSLA’s $820 billion market capitalization either.  It’s the poster child for speculative bubbles since even the most devoted investor can’t succinctly state where the expected growth is going come from within the organization.  The production numbers associated with TSLA’s facilities are a joke.  There is no way it can produce 650k units annually at Fremont especially since two facilities, Fremont and Shanghai, produced 500k last year.  
     

    Ferrari is in danger of diluting its brand with increased models and production levels.  However, management, as you have pointed out, are more capable at Ferrari than at TSLA, which is focused on one somewhat unstable individual. 


    Re: Ferrari & Tesla's 2020 Results

    Biggest uncertainty with Tesla seems how long they can bank on $500M of green credits sales.  As other manufacturers EVs scale up, they won't need to buy these.


    --

    2017 Range Rover Sport S/C,  2019 Porsche 911 Turbo


    Re: Ferrari & Tesla's 2020 Results

    4trac:

    Biggest uncertainty with Tesla seems how long they can bank on $500M of green credits sales.  As other manufacturers EVs scale up, they won't need to buy these.

    Take away the credits and Tesla makes less money selling 500,000 cars than Ferrari does selling 10,000.


    Re: Ferrari & Tesla's 2020 Results

    Without the credits Tesla still makes no profit plus the credit selling is being phased out. Interesting times ahead.


    Re: Ferrari & Tesla's 2020 Results

    Gladstone:

    Without the credits Tesla still makes no profit plus the credit selling is being phased out. Interesting times ahead.

    And I’m certain that as Elon becomes more wealthy he will become more and more unstable.   There is a lot riding on one person.  Just two factories building a few cars per year so I doubt they will be around by next year now that everyone is building vastly better EVs thanks to their expertise with the tech. 


    Re: Ferrari & Tesla's 2020 Results

    Tesla lives and dies with Elon Musk. This is a fact. 

    I like this guy: Just signed up for the Starlink beta in Germany, very interesting concept.


    --

    RC (Germany) - Rennteam Editor Lamborghini Huracan Performante (2019), Mercedes GLC63 S AMG (2020), Mercedes C63 S AMG Cab (2019), Jeep Grand Cherokee Trackhawk (2019 EU)


    Re: Ferrari & Tesla's 2020 Results

    Biden’s GREEN Act is to extend EV tax credits out to 600,000 but reduce the credit from $7,500 for the first 200,000 to $7,000 afterwards.  This will have an impact on the lower priced EVs in the States. However the impact might be more positive for Nissan and Volkswagen than Tesla. 


    Re: Ferrari & Tesla's 2020 Results

    RC:

    Tesla lives and dies with Elon Musk. This is a fact. 

    Agree, if Elon gets run over by one of his FSD cars tomorrow, Tesla's share price craters.


    Re: Ferrari & Tesla's 2020 Results

    indecision


    Re: Ferrari & Tesla's 2020 Results

    Leawood911:
    Gladstone:

    Without the credits Tesla still makes no profit plus the credit selling is being phased out. Interesting times ahead.

    And I’m certain that as Elon becomes more wealthy he will become more and more unstable.   There is a lot riding on one person.  Just two factories building a few cars per year so I doubt they will be around by next year now that everyone is building vastly better EVs thanks to their expertise with the tech. 

    I didn't say they are making a poor quality car or that it is their fault the market has valued the stock so very high. I am just saying that as the government program for selling credits to other manufacturers goes away and since without which they would not have any profit at all so far that it MIGHT be problematic at some point to run a company that never makes a profit.

    However, you are probably correct that so long as you convince enough people that at some point in the not too distant future you will be immensely profitable and they continue to drive up your share prices..........well it is pretty much the definition of a pyramid scheme but who cares as long as it makes Elon rich and owners of the product proud of the company. It would be quite grand for the shareholders if they do turn a decent profit at some point.

    I like the cars and I like the company, but I am with Elon's brother on this being a great time to SELL some shares.


    Re: Ferrari & Tesla's 2020 Results

    Gladstone:
     

    I like the cars and I like the company, but I am with Elon's brother on this being a great time to SELL some shares.

     

    Elon's brother likely knows much more than anyone else about what's going on inside Tesla and the future trajectory.  The fact that he's selling say a lot.


    Re: Ferrari & Tesla's 2020 Results

    SSO.:
    Gladstone:
     

    I like the cars and I like the company, but I am with Elon's brother on this being a great time to SELL some shares.

     

    Elon's brother likely knows much more than anyone else about what's going on inside Tesla and the future trajectory.  The fact that he's selling say a lot.

    He sold shares for around 26 Mio USD, not exactly a lot. He still owns shares for around half a billion USD. Smiley

    Maybe he wants to buy a McLaren F1? Smiley Smiley


    --

    RC (Germany) - Rennteam Editor Lamborghini Huracan Performante (2019), Mercedes GLC63 S AMG (2020), Mercedes C63 S AMG Cab (2019), Jeep Grand Cherokee Trackhawk (2019 EU)


    Re: Ferrari & Tesla's 2020 Results

    Technically, $26M is worth way more than its original Tesla shares. He can still sell regularly for the next few months and being diluted into the trend to be under the radar. 


    --

    GT Lover, Porsche fan

    991.2 GT3 manual

    Cayenne GTS 2014


     
    Edit

    Forum

    Board Subject Last post Rating Views Replies
    Porsche Sticky SUN'S LAST RUN TO WILSON, WY - 991 C2S CAB LIFE, END OF AN ERA (Part I) Thread Closed 9/24/20 12:47 AM
    watt
    576652 2849
    Porsche Sticky The moment I've been waiting for... 12/30/20 9:03 AM
    rhino
     
     
     
     
     
    356609 1279
    Porsche Sticky OFFICIAL: New Porsche 911 Turbo S (2020) 4/10/21 2:32 PM
    Joost
    85880 1085
    Porsche Sticky Welcome to Rennteam: Cars and Coffee... (photos) 4/4/21 8:01 AM
    bluelines
    43257 328
    Porsche Sticky ROAD TEST: New 992 Carrera 4S 3/3/21 10:57 PM
    Wonderbar
    35052 336
    Porsche Sticky Porsche Taycan Turbo S - Short Review 10/19/20 6:12 PM
    Leawood911
    32680 380
    Porsche Sticky SUN'S LAST RUN TO WILSON, WY - 991 C2S CAB LIFE, END OF AN ERA (Part II) 4/14/21 2:39 PM
    watt
    14896 299
    Porsche Sticky Porsche extends the Taycan model range (Taycan 2WD) 2/1/21 12:42 PM
    Leawood911
    4121 29
    Porsche OFFICIAL: New 991.2 GT3 (2017) 7/27/20 2:13 AM
    DJM48
    560849 5257
    Porsche OFFICIAL: 991 Turbo and Turbo S 4/20/20 8:24 AM
    schmoell
    533340 4260
    Porsche Cayman GT4 4/13/21 10:04 AM
    996FourEss
    400799 3585
    McLaren McLaren on a winning streak 4/13/21 8:01 AM
    BjoernB
    355306 3915
    Porsche OFFICIAL: 911 GT2 RS (2017) 12/27/20 4:06 PM
    Topspeed
    352195 3486
    Porsche OFFICIAL: 991.2 GT3 RS (2018) 11/5/20 9:55 PM
    DaveGordon
    312359 3242
    Porsche OFFICIAL: 911 R (2016) 12/8/20 7:51 PM
    DJM48
    309544 2646
    Porsche OFFICIAL: The new Porsche 992 – a design icon and high-tech sports car 2/28/21 8:05 PM
    Topspeed
    215200 1542
    Porsche Tesla Roadster 9/23/20 8:22 PM
    bluelines
    182270 4279
    Porsche OFFICIAL: New Panamera (2016) 2/11/21 9:22 AM
    Itsme
    160255 1379
    Others Alfa Romeo 4C 9/23/20 10:22 AM
    RCA
    137951 792
    Porsche 992 GT3 4/15/21 6:21 PM
    Moser
    108887 2052
    Lambo Lamborghini Huracan and variants 4/9/21 4:32 PM
    Topspeed
    105276 1225
    McLaren F1 2/25/21 11:33 AM
    RCA
    76999 207
    Porsche Welcome to the new Taycan Forum! 4/15/21 2:53 PM
    Leawood911
    69501 1153
    AMG AMG GT R 11/19/20 11:47 PM
    Topspeed
    64473 819
    Lambo Aventador and SV 3/15/21 3:59 PM
    Topspeed
    63330 679
    Porsche 991 Speedster 9/3/20 4:29 PM
    Topspeed
    56288 878
    Porsche Nürburgring - Tesla vs. Taycan 11/23/20 6:10 PM
    Topspeed
    42902 596
    Others Bugatti Chiron 4/12/21 3:42 PM
    RCA
    36296 476
    Porsche Olive 991.2 GT3 Clubsport 1/1/21 7:58 PM
    throt
    33528 615
    BMW M BMW M2 Rumors 3/21/21 5:01 PM
    Topspeed
    28544 385
    271 items found, displaying 1 to 30.