Tesla's Robo Taxi is coming!
Which EV company's Q3 performance surprised you most?
$Tesla(TSLA.US$ . Despite Tesla didn't meet market expectation in Q3 car production, its yoy earning has increased significantly and is the only EV company that makes profit.
Does Buffet reduction in BYD means EV investments are about to top up?
Buffet reduction in BYD could also means he wants less exposure to China company. Although Buffet didn't invest in Tesla, he holds Ford which means that EV investment still has values. More and more countries are switching to EV to reduce carbon emission hence I think EV demand has not top up and will continue to increase in the coming year.
What's your next move on EV stock?
I think EV stock will continue to grow. Tesla's Cybertruck is one example that EV companies continue to evolve. Stock market is forward looking, EV stocks performance depends on innovation. Other EV companies may be catching up on Tesla in term of car production but Tesla's innovation is way ahead its competitors. I'm hopeful that artificial intelligent self-driving EV or robo EV will be the next big thing hence I'll still hold EV stock especially Tesla 😎
$Tesla(TSLA.US$ . Despite Tesla didn't meet market expectation in Q3 car production, its yoy earning has increased significantly and is the only EV company that makes profit.
Does Buffet reduction in BYD means EV investments are about to top up?
Buffet reduction in BYD could also means he wants less exposure to China company. Although Buffet didn't invest in Tesla, he holds Ford which means that EV investment still has values. More and more countries are switching to EV to reduce carbon emission hence I think EV demand has not top up and will continue to increase in the coming year.
What's your next move on EV stock?
I think EV stock will continue to grow. Tesla's Cybertruck is one example that EV companies continue to evolve. Stock market is forward looking, EV stocks performance depends on innovation. Other EV companies may be catching up on Tesla in term of car production but Tesla's innovation is way ahead its competitors. I'm hopeful that artificial intelligent self-driving EV or robo EV will be the next big thing hence I'll still hold EV stock especially Tesla 😎
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I reflected trading experiences by writing journals. My comments are for educational purposes not financial advice.
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Leopar :
TeslaSmurf : NOT exactly:
Tesla DID meet expectations in production. They did not meet with deliveries, because about 20k vehicles PRODUCED were on their way on the ships to be delivered to Europe, as Shanghai is an export hub. The Q3 production grew 47% anyway and the economic result about 53%. Q4 will be even better.
ZnWCOP TeslaSmurf: Thanks for the clarification