Tesla Daily

-- Tesla did not adjust pricing on the Model S or the Model X. The table below shows Tesla's price adjustments in the US this year, with Q1 hidden due to space. While materials and logistics costs have risen industry-wide, Tesla has been able to grow automotive gross margins throughout 2021, posting back-to-back record earnings in Q2 and Q3. Investor reaction has been positive, with TSLA stock rising 46% in the two weeks following Tesla's Q3 report.

Piper Sandler analyst Alex Potter has issued an updated note on Tesla stock, increasing the firm's price target to the highest on Wall Street. We are reiterating our Overweight rating and boosting our price target from $1,200 to $1,300, following Tesla's breakout Q3 results. Rather than re-hashing the quarter, or "piling on" to the bullishness following a big order from Hertz, we prefer to focus on three other insights that we think are getting overlooked.

-- Model Y Long Range increased by $1,000 to $54,990. Model Y Performance increased by $1,000 to $61,990. Tesla did not adjust pricing on the Model S or the Model X. The table below shows Tesla's price adjustments in the US this year. Early in the year, it wasn't clear...

During their AI Day event, Tesla announced that they're working on developing a humanoid bot to eliminate repetitive and dangerous tasks. Musk also pondered what the world would look like if there was no shortage of labor. Jokingly, Musk also mentioned that the Tesla Bot will be capable enough to accomplish tedious tasks but not capable enough to overpower an individual. The Bot also allowed Musk to postulate on the need for Universal Basic Income, "not right now because the robot doesn't work."

Tesla has scheduled their AI Day for August 19th at 5:00 PM PDT. There will be an invite-only, in-person audience attending the event at the Tesla HQ in Palo Alto, California. For those without an invitation (including myself), Tesla will be hosting a live stream on their website and on Twitter.

Tesla continues to grow its trailing twelve-month EPS with Q2 experiencing record revenue despite the global chip shortage affecting automotive manufacturers. As a result of Tesla's rate of growth, the P/E ratio becomes less important. PEG Ratio. The PEG ratio may be a better indicator of Tesla's valuation because of...

In a market filled with liquidity, the "buy the dip mentality" continues to persist. This appears to be true with Tesla stock and institutions. Q3 has been on pace to be the first quarter since Q4 2020 to have an overall net inflow of Tesla stock into institutions—those with at least $100 million under management. Currently, there is a net inflow of $7 billion of Tesla stock into institutions. 13F filings were due August 15th to show any quarter-over-quarter changes in Q2, however, institutions can continue to update positions throughout the third quarter.

Following two consecutive quarters of net outflows, Q3 is on track to be the first quarter since 2020 to have net inflows of Tesla stock into institutions. Stay ahead of the curve by subscribing to Tesla Daily on YouTube. Net Inflows. Currently, Q3 has seen $3.35 billion worth of Tesla...

Despite a strong sell-off in the back half, Tesla finished last week positively. Let’s take a look at what we can expect this week in the Macro, Tesla, and Technical world. Last week, the Nasdaq 100 ($NDX) outperformed the Dow Jones Industrial Average Index ($DJI). This movement occurred despite the US 10 Year Bond Yield having its best week since March. Investors will be watching for CPI numbers as they are expected to be released Wednesday morning.

Tesla has started sending out invitations for their upcoming AI Day on Thursday, August 19th. The invitation shows what appears to be a custom stack of computer hardware, likely connected to Tesla's "Project Dojo" — a neural network training supercomputer. Clicking through to RSVP leads to a rather interesting description of the event.

Throughout the year, Tesla has consistently been raising prices across their vehicle lineup. A few days into the third quarter, the trend has continued. The latest price increases are to the Model S and Model X. Changes. Long Range Model S price increased by $5,000, from $84,990 to $89,990. Long...

Tesla stock had its best day in over a month today, finishing up 4.7%, outpacing nearly all other stocks in the S&P 500 and the Nasdaq 100 today. The rally follows Tesla’s breakout earnings report, AI day announcement, and a double upgrade from Germany’s DZ Bank. Q2 Results. For the...

Tesla has released their Q2 2021 earnings report, posting a GAAP profit with the exclusion of regulatory credit sales for the first time in company history. Tesla Q2-21 GAAP net income excluding regulatory credits: $788 million. Although this is Tesla’s 8th straight profitable quarter, each previous quarter would have slipped...

Elon Musk and Tesla's management team will hold an earnings call to discuss Tesla's Q2 2021 financial results and answer questions from investors and analysts. Join Rob Maurer of Tesla Daily for a live blog highlighting key information, followed by reaction to the call and earnings report. Listen to the...

Tesla today raised prices in the US on both the Model 3 and Model Y, while prices for Tesla's Model S and Model X held steady. The Model 3 Long Range version increased by $1,000 to a new price of $49,990. The vehicle started the year at $46,990. The Model...

While Tesla stock has continued to sell-off, the stock has averaged positive returns the week before the earnings call. Let’s take a look at what we can expect this week in the Macro, Tesla, and Technical world. Macro Outlook:. The Nasdaq 100 ($NDX) underperformed the Dow Jones Industrial Average Index...

Tesla has finally released the long-awaited subscription option for their Full Self-Driving feature. The price? $199.00 per month. Customers who are interested in subscribing can do so in the Tesla mobile app and they will be billed through their Tesla account. Tesla will allow subscribers to cancel at any time. After cancellation, Full Self-Driving features will remain active until the end of the current billing period.

The EV 1000 is Car and Driver’s twist on a long-distance race with electric vehicles. Eleven vehicles driven by teams of two competed to finish a 1000-mile lap through four states as fast as possible. The Top 3 Vehicles in the “EV 1000”:. 1. Tesla Model S Long Range Plus.

During Elon Musk’s testimony in defense of a SolarCity acquisition related lawsuit on Tuesday, the Tesla CEO revealed that the company has about 80,000 Tesla Powerwall orders waiting to be delivered. Order holders might be waiting awhile. Musk said that Tesla may be able to produce 30,000 - 35,000 Powerwalls...

Tesla has announced the date for their second quarter earnings report: July 26, 2021. "Tesla will post its financial results for the second quarter of 2021 after market close on Monday, July 26, 2021. At that time, Tesla will issue a brief advisory containing a link to the Q2 2021 update, which will be available on Tesla’s Investor Relations website. Tesla management will hold a live question and answer webcast that day at 2:30 p.m. Pacific Time (5:30 p.m. Eastern Time) to discuss the Company’s financial and business results and outlook."