Stocks

[shie123]

CCXi chart wise it is worth holding thee daily chart looks very good company wise it is also looks good but that's not my area of experience I usually just play the chart.

[grodnoking]

Is TSLA making a profit on their vehicles?

Yes.  Even while working full speed ahead on new technology and building Gigante GigaTexas to double thier production they are still producing a profit.

[Barryg]

Why are DWAC and PHUN going crazy today?

[UKinNYS]

DWAC is volume (reddit users?)
PHUN just reported earning but I didn't dig in..

Why are DWAC and PHUN going crazy today?

[avromie7]

Is TSLA making a profit on their vehicles?

30% gross automotive margins last quarter.

Is anyone talking abt Tesla Trucks - with deliveries expected soon I think its big..
https://electrek.co/2021/11/08/tesla-to-deliver-electric-semi-trucks-end-of-year-pepsico-ceo-despite-delays/

Assuming the pepsi CEO didn't confuse dates.

[ExGingi]

Way riskier than TSLA. They still need to prove the ability to produce it scale and make a profit. Their stated goal of production of 1 million by 2030 is nowhere near enough to justify current valuation. It can just about justify this valuation in 2030 with profitable production of 1 million vehicles.

If you want to get involved in the EV industry other than TSLA, look into LICY. The battery recycling industry will definitely explode over the next decade, but I don't know if they're going to make it. Redwood Materials (not publicly traded) is definitely in a better position. That being said, I'm sure there will be more than 1 player.

Revenue (TTM)...
Rivian: $0
GM: $131 billion
Ford: $135 billion

Net Income (TTM)...
Rivian: -$1.6 billion
GM: $11.1 billion
Ford: $2.9 billion

Market Cap...
Rivian: $105 billion
GM: $90 billion
Ford: $78 billion$RIVN $GM $F

Data via @ycharts pic.twitter.com/xlR1mX989K

— Charlie Bilello (@charliebilello) November 12, 2021

[Abey]

Revenue (TTM)...
Rivian: $0
GM: $131 billion
Ford: $135 billion

Net Income (TTM)...
Rivian: -$1.6 billion
GM: $11.1 billion
Ford: $2.9 billion

Market Cap...
Rivian: $105 billion
GM: $90 billion
Ford: $78 billion$RIVN $GM $F

Data via @ycharts pic.twitter.com/xlR1mX989K

— Charlie Bilello (@charliebilello) November 12, 2021

Of course comparing revenues of mature companies squeezing their last breaths to new technologies is the ultimate balance comparison. I won’t comment on Rivian valuation nor if it’s responsible to IPO pre sales or finished product BUT the valuation is not in sales here and everyone knows that.
Imagine a VC saying “this company has 0 revenue why would I invest in it ?” Rivian is investing in an idea, now I’m not sure how many people get that but to compare it to some ancient company is useless comparison

[Spoon]

Any thoughts on Lucid long term?

[BarryLincoln]

Any thoughts on Lucid long term?

Time will tell if they can achieve scale.  But they are taking a page from TSLA's playbook with the mall-based stores.  Was in Short Hills mall in NJ yesterday and saw a Lucid store going up there... TSLA apparently closed their short hills store...

[AsherO]

Any thoughts on Lucid long term?

Fugly car, though that isn't what you asked.

[~King Lake~]

Wanna invest for long term in the EV market, what stocks are good to buy?

Including all aspects of EV not just car makers.

[VacationLover]

Wanna invest for long term in the EV market, what stocks are good to buy?

Including all aspects of EV not just car makers.

An ETF is the way to go.
https://simplemoneylyfe.com/investing/stocks/electric-vehicle-etfs/

[ExGingi]

History doesn't repeat, but it most definitely rhymes.

https://www.cnbc.com/2021/11/16/lucid-ceo-says-the-company-could-eventually-be-valued-like-tesla.html

"The sky is the limit"

Rhymes so well with the dot.com bubble. Anyone remember Pets.com, Kozmo.com (IIRC that was the predecessor, decades before its time, of Shipt, Instacart, etc.) and more?

[aygart]

History doesn't repeat, but it most definitely rhymes.

https://www.cnbc.com/2021/11/16/lucid-ceo-says-the-company-could-eventually-be-valued-like-tesla.html

"The sky is the limit"

Rhymes so well with the dot.com bubble. Anyone remember Pets.com, Kozmo.com (IIRC that was the predecessor, decades before its time, of Shipt, Instacart, etc.) and more?

Lucid and Lucent...

[Shmulie]

History doesn't repeat, but it most definitely rhymes.

https://www.cnbc.com/2021/11/16/lucid-ceo-says-the-company-could-eventually-be-valued-like-tesla.html

"The sky is the limit"

Rhymes so well with the dot.com bubble. Anyone remember Pets.com, Kozmo.com (IIRC that was the predecessor, decades before its time, of Shipt, Instacart, etc.) and more?

Really not a fan. These companies are so overvalued when they haven't even started volume production yet, which almost put Tesla into bankruptcy after already having many years of decent production on the model S & X

[EliJelly]

The EV sector and the airlines, כשזה קם זה נופל. What's the logic for it? Or the market's no longer follow logic..

[Abey]

The EV sector and the airlines, כשזה קם זה נופל. What's the logic for it? Or the market's no longer follow logic..

one story since the beginning of Covid has been the constant jumps between value & tech stocks

[Abey]

This market has the potential to blow up far bigger than the Dotcom bubble when you has profitable companies with revenue but highly overvalued Well today you have companies with huge Valuations and not even a minimum viable product. I don’t know if I don’t know when but just a thought

[Abey]

Really not a fan. These companies are so overvalued when they haven't even started volume production yet, which almost put Tesla into bankruptcy after already having many years of decent production on the model S & X

High valuation Actually gives them the cash to scale production which Tesla did not have due to the huge short positions against it. Overvalued is not the right word it’s speculative value on what you believe these companies can produce… Do they have the right people? Does the total auto market support such high valuation? This and more are the right questions here imo

[ExGingi]

Lucid and Lucent...

Lucent was actually a real business with real products (spun off from AT&T IIRC)