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Tuxn

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- TuxnTuxn
  ·2023-12-06
  Kiwi, don't think it will go that low, probably down for another 1-2 days before bounce again
  Sorry, this post has been deleted
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- TuxnTuxn
  ·2023-11-15
  Loss of RMB 97k when selling a car
  XPeng Posts Q3 Revenue RMB8.53 Billion, Below Forecast
  XPeng Stock Drops 3% After Reporting Its Quarterly Results
  XPeng Posts Q3 Revenue RMB8.53 Billion, Below Forecast
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- TuxnTuxn
  ·2023-11-12
  $Palantir Technologies Inc.(PLTR)$ up 20 %, but I expect a turn soon
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- TuxnTuxn
  ·2023-11-11
  No one perform better than Elon Musk, otherwise he/she already the world richest
  Tesla and TSLA Stock Would Be Better Off Without Elon Musk
  Regardless of how TSLA stock is performing at any given time, Tesla CEO Elon Musk remains a highly controversial figure.Musk has turned heads by acquiring Twitter, a move experts predicted would compromise Tesla. He has also been in the hot seat for his social media presence and his backing of speculative cryptocurrencies. Although Musk has since named a new Twitter CEO to turn his attention back to Tesla…
  Tesla and TSLA Stock Would Be Better Off Without Elon Musk
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- TuxnTuxn
  ·2023-11-08
  $Palantir Technologies Inc.(PLTR)$ looks like still heading up
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- TuxnTuxn
  ·2023-11-03
  $XPeng Inc.(XPEV)$
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- TuxnTuxn
  ·2023-11-03
  $Palantir Technologies Inc.(PLTR)$
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- TuxnTuxn
  ·2023-11-02
  $DBS GROUP HOLDINGS LTD(D05.SI)$ Oh no, barred new business! https://www.channelnewsasia.com/singapore/dbs-digital-banking-disruption-barred-new-business-acquisitions-mas-3888646
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- TuxnTuxn
  ·2023-10-17
  $Lululemon Athletica(LULU)$
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- TuxnTuxn
  ·2023-10-05
  $Palantir Technologies Inc.(PLTR)$ 250mln not a lot
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don't think it will go that low, probably down for another 1-2 days before bounce again","listText":"Kiwi, don't think it will go that low, probably down for another 1-2 days before bounce again","text":"Kiwi, don't think it will go that low, probably down for another 1-2 days before bounce again","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/249109819011208","repostId":"2389168725","repostType":2,"isVote":1,"tweetType":1,"viewCount":713,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":241724371161096,"gmtCreate":1700051902559,"gmtModify":1700051906694,"author":{"id":"3570273121072466","authorId":"3570273121072466","name":"Tuxn","avatar":"https://community-static.tradeup.com/news/963eaca2dfb6315915f9fdf5c24024fa","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3570273121072466","idStr":"3570273121072466"},"themes":[],"htmlText":"Loss of RMB 97k when selling a car","listText":"Loss of RMB 97k when selling a car","text":"Loss of RMB 97k when selling a car","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/241724371161096","repostId":"1165848172","repostType":2,"repost":{"id":"1165848172","kind":"news","pubTimestamp":1700042673,"share":"https://ttm.financial/m/news/1165848172?lang=&edition=fundamental","pubTime":"2023-11-15 18:04","market":"us","language":"en","title":"XPeng Posts Q3 Revenue RMB8.53 Billion, Below Forecast","url":"https://stock-news.laohu8.com/highlight/detail?id=1165848172","media":"StreetInsider","summary":"XPeng Stock Drops 3% After Reporting Its Quarterly Results","content":"<html><head></head><body><p>XPeng Inc. (NYSE: XPEV) reported Q3 EPS of (RMB1.61), RMB1.79 better than the analyst estimate of (RMB3.40). Revenue for the quarter came in at RMB8.53 billion versus the consensus estimate of RMB8.65 billion.</p><p style=\"text-align: left;\"><strong>GUIDANCE:</strong></p><p style=\"text-align: left;\">XPeng Inc. sees Q4 FY2023 revenue of RMB12.7-13.6 billion, versus the consensus of RMB11.95 billion.</p><p style=\"text-align: left;\">Sees vehicle deliveries 59,500 to 63,500 units, consensus 56,150</p><p>XPeng stock dropped 3.7% in premarket trading after reporting its quarterly results.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c4050384d1e140c3fc439de422b9c13e\" title=\"\" tg-width=\"842\" tg-height=\"622\"/></p><p>Unaudited Financial Results for the Three Months Ended September 30, 2023</p><p style=\"text-align: left;\">Total revenues were RMB8.53 billion (US$1.17 billion) for the third quarter of 2023, representing an increase of 25.0% from RMB6.82 billion for the same period of 2022 and an increase of 68.5% from RMB5.06 billion for the second quarter of 2023.</p><p style=\"text-align: left;\">Revenues from vehicle sales were RMB7.84 billion (US$1.08 billion) for the third quarter of 2023, representing an increase of 25.7% from the same period of 2022, and an increase of 77.3% from the second quarter of 2023.</p><p>The year-over-year and quarter-over-quarter increases were mainly attributable to the accelerating sales growth of the G6 in the third quarter of 2023.</p><p style=\"text-align: left;\">Revenues from services and others were RMB0.69 billion (US$0.09 billion) for the third quarter of 2023, representing an increase of 17.7% from RMB0.58 billion for the same period of 2022 and an increase of 7.4% from RMB0.64 billion for the second quarter of 2023.</p><p style=\"text-align: left;\">The year-over-year and quarter-over-quarter increases were mainly attributable to the increases of maintenance, supercharging and auto financing services sales, which were in line with higher accumulated vehicle sales.</p><p style=\"text-align: left;\">Cost of sales was RMB8.76 billion (US$1.20 billion) for the third quarter of 2023, representing an increase of 48.4% from RMB5.90 billion for the same period of 2022 and an increase of 66.5% from RMB5.26 billion for the second quarter of 2023. The year-over-year and quarter-over-quarter increases were mainly in line with vehicle deliveries as described above.</p><p>In addition, the year-over-year increase was attributable to inventory write-downs amounting to RMB0.23 billion related to the model G3i as management lowered its forecasted sales due to stronger-than-expected market demands for newly launched vehicle models.</p><p style=\"text-align: left;\">Gross margin was negative 2.7% for the third quarter of 2023, compared with 13.5% for the same period of 2022 and negative 3.9% for the second quarter of 2023.</p><p style=\"text-align: left;\">Vehicle margin was negative 6.1% for the third quarter of 2023, compared with 11.6% for the same period of 2022 and negative 8.6% for the second quarter of 2023. The year-over-year decrease was explained by (i) the inventory write-downs related to the G3i, with a negative impact of 2.9 percentage points on vehicle margin for the third quarter of 2023, and (ii) increased sales promotions, and the expiry of new energy vehicle subsidies.</p><p>The quarter-over-quarter increase was primarily attributable to the improvement in product mix of models and the cost reduction.</p><p style=\"text-align: left;\">Research and development expenses were RMB1.31 billion (US$0.18 billion) for the third quarter of 2023, representing a decrease of 12.9% from RMB1.50 billion for the same period of 2022 and a decrease of 4.5% from RMB1.37 billion for the second quarter of 2023.</p><p style=\"text-align: left;\">The year-over-year and quarter-over-quarter decreases were mainly in line with timing and progress of new vehicle programs.</p><p style=\"text-align: left;\">Selling, general and administrative expenses were RMB1.69 billion (US$0.23 billion) for the third quarter of 2023, representing an increase of 4.0% from RMB1.63 billion for the same period of 2022 and an increase of 9.6% from RMB1.54 billion for the second quarter of 2023.</p><p style=\"text-align: left;\">The year-over-year and quarter-over-quarter increases were primarily attributable to the higher commission paid to the franchised stores.</p><p>Loss from operations was RMB3.16 billion (US$0.43 billion) for the third quarter of 2023, compared with RMB2.18 billion for the same period of 2022 and RMB3.09 billion for the second quarter of 2023.</p><p style=\"text-align: left;\">Non-GAAP loss from operations, which excludes share-based compensation expenses, was RMB3.04 billion (US$0.42 billion) for the third quarter of 2023, compared with RMB2.02 billion for the same period of 2022 and RMB2.96 billion for the second quarter of 2023.</p><p style=\"text-align: left;\">Net loss was RMB3.89 billion (US$0.53 billion) for the third quarter of 2023, compared with RMB2.38 billion for the same period of 2022 and RMB2.80 billion for the second quarter of 2023.</p><p>Fair value loss on derivative liability was RMB0.97 billion (US$0.13 billion) for the third quarter of 2023. This non-cash loss resulted from the fluctuation in the fair value of the forward share purchase agreement, measured through profit or loss, related to the issuance of shares by the Company for strategic minority investment by the Volkswagen Group.</p><p style=\"text-align: left;\">Non-GAAP net loss, which excludes share-based compensation expenses and fair value loss on derivative liability, was RMB2.79 billion (US$0.38 billion) for the third quarter of 2023, compared with RMB2.22 billion for the same period of 2022 and RMB2.67 billion for the second quarter of 2023.</p><p style=\"text-align: left;\">Net loss attributable to ordinary shareholders of XPENG was RMB3.89 billion (US$0.53 billion) for the third quarter of 2023, compared with RMB2.38 billion for the same period of 2022 and RMB2.80 billion for the second quarter of 2023.</p><p style=\"text-align: left;\">Non-GAAP net loss attributable to ordinary shareholders of XPENG, which excludes share-based compensation expenses and fair value loss on derivative liability, was RMB2.79 billion (US$0.38 billion) for the third quarter of 2023, compared with RMB2.22 billion for the same period of 2022 and RMB2.67 billion for the second quarter of 2023.</p><p>Basic and diluted net loss per ADS were both RMB4.49 (US$0.62) for the third quarter of 2023, compared with RMB2.77 for the third quarter of 2022 and RMB3.25 for the second quarter of 2023.</p><p style=\"text-align: left;\">Non-GAAP basic and diluted net loss per ADS were both RMB3.23 (US$0.44) for the third quarter of 2023, compared with RMB2.59 for the third quarter of 2022 and RMB3.10 for the second quarter of 2023.</p><p style=\"text-align: left;\">Balance Sheets</p><p style=\"text-align: left;\">As of September 30, 2023, the Company had cash and cash equivalents, restricted cash, short-term investments and time deposits of RMB36.48 billion (US$5.00 billion), compared with RMB38.25 billion as of December 31, 2022 and RMB33.74 billion as of June 30, 2023.</p><p style=\"text-align: left;\"><strong>Business Outlook</strong></p><p style=\"text-align: left;\">For the fourth quarter of 2023, the Company expects:</p><p style=\"text-align: left;\">Deliveries of vehicles to be between 59,500 and 63,500, representing a year-over-year increase of approximately 101.2% to 114.7%.</p><p style=\"text-align: left;\">Total revenues to be between RMB12.7 billion and RMB13.6 billion, representing a year-over-year increase of approximately 86.1% to 99.3%.</p></body></html>","source":"highlight_streetinsider","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nXPeng Posts Q3 Revenue RMB8.53 Billion, Below Forecast\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-11-15 18:04 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.streetinsider.com/Earnings/XPeng+Inc.+%28XPEV%29+Tops+Q3+EPS+by+179c%2C+beats+on+guidance/22415693.html><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>XPeng Inc. (NYSE: XPEV) reported Q3 EPS of (RMB1.61), RMB1.79 better than the analyst estimate of (RMB3.40). Revenue for the quarter came in at RMB8.53 billion versus the consensus estimate of RMB8.65...</p>\n\n<a href=\"https://www.streetinsider.com/Earnings/XPeng+Inc.+%28XPEV%29+Tops+Q3+EPS+by+179c%2C+beats+on+guidance/22415693.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09868":"小鹏汽车-W","XPEV":"小鹏汽车"},"source_url":"https://www.streetinsider.com/Earnings/XPeng+Inc.+%28XPEV%29+Tops+Q3+EPS+by+179c%2C+beats+on+guidance/22415693.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1165848172","content_text":"XPeng Inc. (NYSE: XPEV) reported Q3 EPS of (RMB1.61), RMB1.79 better than the analyst estimate of (RMB3.40). Revenue for the quarter came in at RMB8.53 billion versus the consensus estimate of RMB8.65 billion.GUIDANCE:XPeng Inc. sees Q4 FY2023 revenue of RMB12.7-13.6 billion, versus the consensus of RMB11.95 billion.Sees vehicle deliveries 59,500 to 63,500 units, consensus 56,150XPeng stock dropped 3.7% in premarket trading after reporting its quarterly results.Unaudited Financial Results for the Three Months Ended September 30, 2023Total revenues were RMB8.53 billion (US$1.17 billion) for the third quarter of 2023, representing an increase of 25.0% from RMB6.82 billion for the same period of 2022 and an increase of 68.5% from RMB5.06 billion for the second quarter of 2023.Revenues from vehicle sales were RMB7.84 billion (US$1.08 billion) for the third quarter of 2023, representing an increase of 25.7% from the same period of 2022, and an increase of 77.3% from the second quarter of 2023.The year-over-year and quarter-over-quarter increases were mainly attributable to the accelerating sales growth of the G6 in the third quarter of 2023.Revenues from services and others were RMB0.69 billion (US$0.09 billion) for the third quarter of 2023, representing an increase of 17.7% from RMB0.58 billion for the same period of 2022 and an increase of 7.4% from RMB0.64 billion for the second quarter of 2023.The year-over-year and quarter-over-quarter increases were mainly attributable to the increases of maintenance, supercharging and auto financing services sales, which were in line with higher accumulated vehicle sales.Cost of sales was RMB8.76 billion (US$1.20 billion) for the third quarter of 2023, representing an increase of 48.4% from RMB5.90 billion for the same period of 2022 and an increase of 66.5% from RMB5.26 billion for the second quarter of 2023. The year-over-year and quarter-over-quarter increases were mainly in line with vehicle deliveries as described above.In addition, the year-over-year increase was attributable to inventory write-downs amounting to RMB0.23 billion related to the model G3i as management lowered its forecasted sales due to stronger-than-expected market demands for newly launched vehicle models.Gross margin was negative 2.7% for the third quarter of 2023, compared with 13.5% for the same period of 2022 and negative 3.9% for the second quarter of 2023.Vehicle margin was negative 6.1% for the third quarter of 2023, compared with 11.6% for the same period of 2022 and negative 8.6% for the second quarter of 2023. The year-over-year decrease was explained by (i) the inventory write-downs related to the G3i, with a negative impact of 2.9 percentage points on vehicle margin for the third quarter of 2023, and (ii) increased sales promotions, and the expiry of new energy vehicle subsidies.The quarter-over-quarter increase was primarily attributable to the improvement in product mix of models and the cost reduction.Research and development expenses were RMB1.31 billion (US$0.18 billion) for the third quarter of 2023, representing a decrease of 12.9% from RMB1.50 billion for the same period of 2022 and a decrease of 4.5% from RMB1.37 billion for the second quarter of 2023.The year-over-year and quarter-over-quarter decreases were mainly in line with timing and progress of new vehicle programs.Selling, general and administrative expenses were RMB1.69 billion (US$0.23 billion) for the third quarter of 2023, representing an increase of 4.0% from RMB1.63 billion for the same period of 2022 and an increase of 9.6% from RMB1.54 billion for the second quarter of 2023.The year-over-year and quarter-over-quarter increases were primarily attributable to the higher commission paid to the franchised stores.Loss from operations was RMB3.16 billion (US$0.43 billion) for the third quarter of 2023, compared with RMB2.18 billion for the same period of 2022 and RMB3.09 billion for the second quarter of 2023.Non-GAAP loss from operations, which excludes share-based compensation expenses, was RMB3.04 billion (US$0.42 billion) for the third quarter of 2023, compared with RMB2.02 billion for the same period of 2022 and RMB2.96 billion for the second quarter of 2023.Net loss was RMB3.89 billion (US$0.53 billion) for the third quarter of 2023, compared with RMB2.38 billion for the same period of 2022 and RMB2.80 billion for the second quarter of 2023.Fair value loss on derivative liability was RMB0.97 billion (US$0.13 billion) for the third quarter of 2023. This non-cash loss resulted from the fluctuation in the fair value of the forward share purchase agreement, measured through profit or loss, related to the issuance of shares by the Company for strategic minority investment by the Volkswagen Group.Non-GAAP net loss, which excludes share-based compensation expenses and fair value loss on derivative liability, was RMB2.79 billion (US$0.38 billion) for the third quarter of 2023, compared with RMB2.22 billion for the same period of 2022 and RMB2.67 billion for the second quarter of 2023.Net loss attributable to ordinary shareholders of XPENG was RMB3.89 billion (US$0.53 billion) for the third quarter of 2023, compared with RMB2.38 billion for the same period of 2022 and RMB2.80 billion for the second quarter of 2023.Non-GAAP net loss attributable to ordinary shareholders of XPENG, which excludes share-based compensation expenses and fair value loss on derivative liability, was RMB2.79 billion (US$0.38 billion) for the third quarter of 2023, compared with RMB2.22 billion for the same period of 2022 and RMB2.67 billion for the second quarter of 2023.Basic and diluted net loss per ADS were both RMB4.49 (US$0.62) for the third quarter of 2023, compared with RMB2.77 for the third quarter of 2022 and RMB3.25 for the second quarter of 2023.Non-GAAP basic and diluted net loss per ADS were both RMB3.23 (US$0.44) for the third quarter of 2023, compared with RMB2.59 for the third quarter of 2022 and RMB3.10 for the second quarter of 2023.Balance SheetsAs of September 30, 2023, the Company had cash and cash equivalents, restricted cash, short-term investments and time deposits of RMB36.48 billion (US$5.00 billion), compared with RMB38.25 billion as of December 31, 2022 and RMB33.74 billion as of June 30, 2023.Business OutlookFor the fourth quarter of 2023, the Company expects:Deliveries of vehicles to be between 59,500 and 63,500, representing a year-over-year increase of approximately 101.2% to 114.7%.Total revenues to be between RMB12.7 billion and RMB13.6 billion, representing a year-over-year increase of approximately 86.1% to 99.3%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":463,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":240615136239728,"gmtCreate":1699762894000,"gmtModify":1699762897784,"author":{"id":"3570273121072466","authorId":"3570273121072466","name":"Tuxn","avatar":"https://community-static.tradeup.com/news/963eaca2dfb6315915f9fdf5c24024fa","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3570273121072466","idStr":"3570273121072466"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/PLTR\">$Palantir Technologies Inc.(PLTR)$&nbsp;</a><v-v data-views=\"1\"></v-v>up 20 %, but I expect a turn&nbsp; soon","listText":"<a href=\"https://ttm.financial/S/PLTR\">$Palantir Technologies Inc.(PLTR)$&nbsp;</a><v-v data-views=\"1\"></v-v>up 20 %, but I expect a turn&nbsp; soon","text":"$Palantir Technologies Inc.(PLTR)$ up 20 %, but I expect a turn soon","images":[{"img":"https://community-static.tradeup.com/news/62a86d7a3ef2218e41db8e1c3698fe60","width":"898","height":"1475"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/240615136239728","isVote":1,"tweetType":1,"viewCount":846,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":240208810311880,"gmtCreate":1699663844247,"gmtModify":1699663848387,"author":{"id":"3570273121072466","authorId":"3570273121072466","name":"Tuxn","avatar":"https://community-static.tradeup.com/news/963eaca2dfb6315915f9fdf5c24024fa","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3570273121072466","idStr":"3570273121072466"},"themes":[],"htmlText":"No one perform better than Elon Musk, otherwise he/she already the world richest","listText":"No one perform better than Elon Musk, otherwise he/she already the world richest","text":"No one perform better than Elon Musk, otherwise he/she already the world richest","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/240208810311880","repostId":"1106230753","repostType":2,"repost":{"id":"1106230753","kind":"news","pubTimestamp":1699661047,"share":"https://ttm.financial/m/news/1106230753?lang=&edition=fundamental","pubTime":"2023-11-11 08:04","market":"us","language":"en","title":"Tesla and TSLA Stock Would Be Better Off Without Elon Musk","url":"https://stock-news.laohu8.com/highlight/detail?id=1106230753","media":"InvestorPlace","summary":"Regardless of how TSLA stock is performing at any given time, Tesla  CEO Elon Musk remains a highly controversial figure.Musk has turned heads by acquiring Twitter, a move experts predicted would compromise Tesla. He has also been in the hot seat for his social media presence and his backing of speculative cryptocurrencies. Although Musk has since named a new Twitter CEO to turn his attention back to Tesla…","content":"<html><head></head><body><p>Regardless of how TSLA stock is performing at any given time, <strong>Tesla</strong> (NASDAQ: <strong><u>TSLA</u></strong>) CEO Elon Musk remains a highly controversial figure.</p><p style=\"text-align: start;\">Musk has turned heads by acquiring <strong>Twitter</strong>, a move experts predicted would compromise Tesla. He has also been in the hot seat for his social media presence and his backing of speculative cryptocurrencies. Although Musk has since named a new Twitter CEO to turn his attention back to Tesla… and <strong>SpaceX</strong>… and <strong>Neuralink</strong>… his being in charge isn’t necessarily in the best interests of the company.</p><p>When it comes to a leader like Musk, who has a mixed track record, it can be difficult to measure his aptitude. On one hand, TSLA stock has doubled in 2023 despite the company’s disappointing Q3 earnings and delivery statistics. On the other, since Musk acquired X (formerly Twitter), the platform has been slowly failing as both users and advertisers abandon it.</p><p style=\"text-align: start;\">There’s no denying that Tesla’s CEO has helped the company grow to impressive heights. But Musk isn’t the same leader he used to be. Over a decade ago, he rose to prominence as a visionary CEO who brought EVs to the mainstream, changing the face of the automotive industry. But in recent years, his political comments have polarized Tesla fans, as has his acquisition of X. Love him or hate him, Musk is no longer solely focused on building and selling electric vehicles.</p><p style=\"text-align: start;\">Additionally, Musk’s track record of keeping promises when it comes to Tesla isn’t exactly pristine, which also calls his leadership abilities into question.</p><p style=\"text-align: start;\">He’s promised to deliver self-driving cars every year since 2020 and still hasn’t produced fully autonomous vehicles or robo-taxis. Musk initially claimed Tesla would begin work on the Tesla semi truck in 2019, but it did not happen until 2022 and volume production isn’t expected to start until 2024. On top of all that, he’s pushed back release of the Tesla Cybertruck multiple times. While the vehicle’s launch finally seems near, early impressions have not been positive.</p><p>Now the chickens may be coming home to roost. Experts told <em>InvestorPlace</em> that, despite his historical success, Elon Musk’s time at Tesla is running out.</p><p style=\"text-align: start;\">“Musk’s leadership style and approach have sometimes made investors uneasy,” Bay Street Capital founder William Huston told <em>InvestorPlace</em>. Huston highlights that Musk has allegedly identified potential candidates to succeed him at Tesla, a measure which could have been spurred by the company’s board of directors wanting to lay out a contingency if its problems under Musk persist.</p><h2 id=\"id_3483023281\" style=\"text-align: start;\">The Case Against Musk</h2><p style=\"text-align: start;\">Robert R. Johnson, a professor of finance at Creighton University’s Heider College of Business, is skeptical of Tesla’s growth prospects under Musk. Unimpressed by the company’s high valuations, with shares currently trading for 70 times trailing earnings, Johnson believes any investment in TSLA stock at its current levels is highly speculative. “The company’s fundamentals simply don’t justify the atmospheric valuation of the stock,” he told <em>InvestorPlace</em>.</p><p style=\"text-align: start;\">Johnson also takes issue with Tesla’s management. He sees the company “sucking the air out of the automotive industry” and considers both <strong>Ford </strong>(NYSE: <strong><u>F</u></strong>) and <strong>General Motors</strong> (NYSE: <strong><u>GM</u></strong>) better investments, highlighting their superior corporate governance and management teams. In his words:</p><blockquote><p><em>“Tesla seems best suited for risk taking investors who buy into the narrative that Elon Musk is much smarter than all of the other automobile executives and that Tesla will capture a huge share of the electric vehicle market in the long term. These investors also must believe that Musk’s attention won’t be diverted to Twitter or any of his other business ventures. That, in my opinion, is wishful thinking.”</em></p></blockquote><h2 id=\"id_2446342252\" style=\"text-align: start;\">More Potential Problems</h2><p style=\"text-align: start;\">Another expert who does not buy into that so-called wishful thinking is Snow Bull Capital CEO Taylor Ogan, who has long doubted Elon Musk. For instance, Ogan takes fault with Tesla, via Musk, hyping its robo-taxi initiative. For instance, in April 2019 at Tesla Autonomy Day, Musk promised investors and fans that Tesla would have “millions” of robo-taxis on the road by 2020. Concept designs for the robo-taxi just emerged in 2023, years delayed.</p><p style=\"text-align: start;\">In the past, Ogan has also criticized Musk’s refusal to embrace lidar technology as a means of ushering in autonomous driving.</p><p style=\"text-align: start;\">Now, Ogan warns that Musk is losing his influence as other automakers bring compelling EVs to market.</p><blockquote><p><em>“Imagine a dairy farmer who had a near-monopoly on selling milk started telling customers his cows produce milk that makes anyone who drinks it live forever. After a few years, the valuation of his dairy farm goes up 12-fold, due to him being one of the few dairy farmers, people buying his milk because they think it will make them live forever, and enough investors believing it too. Once enough shareholders and customers start to realize his cows’ milk does not magically grant immortality, they will either seek to replace the dairy farmer, or keep the dairy farmer in charge but address that the immortality thing was a hoax and hope he doesn’t get in trouble.”</em></p></blockquote><p style=\"text-align: start;\">The electric vehicle market is becoming increasingly crowded, as other automakers, including Ford and GM, work to produce better, more affordable cars. But it may be even more important that other companies have doubled down on autonomous driving technology. Musk’s refusal to compromise on lidar could lead to Tesla losing one of the most important battles for EV makers.<br/><br/>While Tesla falls behind in the driverless race, the combination of increasing competition and slumping demand for luxury EVs threatens to compromise its growth even more. Musk’s strategies haven’t spurred demand or demonstrated significant self-driving car progress. If TSLA stock stalls out in 2024, it could be the final straw for Tesla’s board, forcing them to replace the eccentric CEO.</p><p style=\"text-align: start;\">If investors want TSLA stock to remain in a winning spot, Elon Musk must go.</p></body></html>","source":"investorplace_stock_picks","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla and TSLA Stock Would Be Better Off Without Elon Musk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla and TSLA Stock Would Be Better Off Without Elon Musk\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-11-11 08:04 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2023/11/tesla-and-tsla-stock-would-be-better-off-without-elon-musk/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Regardless of how TSLA stock is performing at any given time, Tesla (NASDAQ: TSLA) CEO Elon Musk remains a highly controversial figure.Musk has turned heads by acquiring Twitter, a move experts ...</p>\n\n<a href=\"https://investorplace.com/2023/11/tesla-and-tsla-stock-would-be-better-off-without-elon-musk/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://investorplace.com/2023/11/tesla-and-tsla-stock-would-be-better-off-without-elon-musk/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1106230753","content_text":"Regardless of how TSLA stock is performing at any given time, Tesla (NASDAQ: TSLA) CEO Elon Musk remains a highly controversial figure.Musk has turned heads by acquiring Twitter, a move experts predicted would compromise Tesla. He has also been in the hot seat for his social media presence and his backing of speculative cryptocurrencies. Although Musk has since named a new Twitter CEO to turn his attention back to Tesla… and SpaceX… and Neuralink… his being in charge isn’t necessarily in the best interests of the company.When it comes to a leader like Musk, who has a mixed track record, it can be difficult to measure his aptitude. On one hand, TSLA stock has doubled in 2023 despite the company’s disappointing Q3 earnings and delivery statistics. On the other, since Musk acquired X (formerly Twitter), the platform has been slowly failing as both users and advertisers abandon it.There’s no denying that Tesla’s CEO has helped the company grow to impressive heights. But Musk isn’t the same leader he used to be. Over a decade ago, he rose to prominence as a visionary CEO who brought EVs to the mainstream, changing the face of the automotive industry. But in recent years, his political comments have polarized Tesla fans, as has his acquisition of X. Love him or hate him, Musk is no longer solely focused on building and selling electric vehicles.Additionally, Musk’s track record of keeping promises when it comes to Tesla isn’t exactly pristine, which also calls his leadership abilities into question.He’s promised to deliver self-driving cars every year since 2020 and still hasn’t produced fully autonomous vehicles or robo-taxis. Musk initially claimed Tesla would begin work on the Tesla semi truck in 2019, but it did not happen until 2022 and volume production isn’t expected to start until 2024. On top of all that, he’s pushed back release of the Tesla Cybertruck multiple times. While the vehicle’s launch finally seems near, early impressions have not been positive.Now the chickens may be coming home to roost. Experts told InvestorPlace that, despite his historical success, Elon Musk’s time at Tesla is running out.“Musk’s leadership style and approach have sometimes made investors uneasy,” Bay Street Capital founder William Huston told InvestorPlace. Huston highlights that Musk has allegedly identified potential candidates to succeed him at Tesla, a measure which could have been spurred by the company’s board of directors wanting to lay out a contingency if its problems under Musk persist.The Case Against MuskRobert R. Johnson, a professor of finance at Creighton University’s Heider College of Business, is skeptical of Tesla’s growth prospects under Musk. Unimpressed by the company’s high valuations, with shares currently trading for 70 times trailing earnings, Johnson believes any investment in TSLA stock at its current levels is highly speculative. “The company’s fundamentals simply don’t justify the atmospheric valuation of the stock,” he told InvestorPlace.Johnson also takes issue with Tesla’s management. He sees the company “sucking the air out of the automotive industry” and considers both Ford (NYSE: F) and General Motors (NYSE: GM) better investments, highlighting their superior corporate governance and management teams. In his words:“Tesla seems best suited for risk taking investors who buy into the narrative that Elon Musk is much smarter than all of the other automobile executives and that Tesla will capture a huge share of the electric vehicle market in the long term. These investors also must believe that Musk’s attention won’t be diverted to Twitter or any of his other business ventures. That, in my opinion, is wishful thinking.”More Potential ProblemsAnother expert who does not buy into that so-called wishful thinking is Snow Bull Capital CEO Taylor Ogan, who has long doubted Elon Musk. For instance, Ogan takes fault with Tesla, via Musk, hyping its robo-taxi initiative. For instance, in April 2019 at Tesla Autonomy Day, Musk promised investors and fans that Tesla would have “millions” of robo-taxis on the road by 2020. Concept designs for the robo-taxi just emerged in 2023, years delayed.In the past, Ogan has also criticized Musk’s refusal to embrace lidar technology as a means of ushering in autonomous driving.Now, Ogan warns that Musk is losing his influence as other automakers bring compelling EVs to market.“Imagine a dairy farmer who had a near-monopoly on selling milk started telling customers his cows produce milk that makes anyone who drinks it live forever. After a few years, the valuation of his dairy farm goes up 12-fold, due to him being one of the few dairy farmers, people buying his milk because they think it will make them live forever, and enough investors believing it too. Once enough shareholders and customers start to realize his cows’ milk does not magically grant immortality, they will either seek to replace the dairy farmer, or keep the dairy farmer in charge but address that the immortality thing was a hoax and hope he doesn’t get in trouble.”The electric vehicle market is becoming increasingly crowded, as other automakers, including Ford and GM, work to produce better, more affordable cars. But it may be even more important that other companies have doubled down on autonomous driving technology. Musk’s refusal to compromise on lidar could lead to Tesla losing one of the most important battles for EV makers.While Tesla falls behind in the driverless race, the combination of increasing competition and slumping demand for luxury EVs threatens to compromise its growth even more. Musk’s strategies haven’t spurred demand or demonstrated significant self-driving car progress. If TSLA stock stalls out in 2024, it could be the final straw for Tesla’s board, forcing them to replace the eccentric CEO.If investors want TSLA stock to remain in a winning spot, Elon Musk must go.","news_type":1},"isVote":1,"tweetType":1,"viewCount":528,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":239251720032288,"gmtCreate":1699447927317,"gmtModify":1699447930920,"author":{"id":"3570273121072466","authorId":"3570273121072466","name":"Tuxn","avatar":"https://community-static.tradeup.com/news/963eaca2dfb6315915f9fdf5c24024fa","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3570273121072466","idStr":"3570273121072466"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/PLTR\">$Palantir Technologies Inc.(PLTR)$&nbsp;</a><v-v data-views=\"1\"></v-v>&nbsp;looks like still heading up","listText":"<a href=\"https://ttm.financial/S/PLTR\">$Palantir Technologies Inc.(PLTR)$&nbsp;</a><v-v data-views=\"1\"></v-v>&nbsp;looks like still heading up","text":"$Palantir Technologies Inc.(PLTR)$ looks like still heading up","images":[{"img":"https://community-static.tradeup.com/news/ee493ff47cd954ac2a43be4dd79c2b8f","width":"898","height":"1475"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/239251720032288","isVote":1,"tweetType":1,"viewCount":605,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":237385272631504,"gmtCreate":1698991134242,"gmtModify":1698991138241,"author":{"id":"3570273121072466","authorId":"3570273121072466","name":"Tuxn","avatar":"https://community-static.tradeup.com/news/963eaca2dfb6315915f9fdf5c24024fa","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3570273121072466","idStr":"3570273121072466"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/XPEV\">$XPeng Inc.(XPEV)$ &nbsp;</a>","listText":"<a href=\"https://ttm.financial/S/XPEV\">$XPeng Inc.(XPEV)$ &nbsp;</a>","text":"$XPeng Inc.(XPEV)$","images":[{"img":"https://community-static.tradeup.com/news/8a8fe407e874eba8dfae7e9c87aff71e","width":"898","height":"1475"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/237385272631504","isVote":1,"tweetType":1,"viewCount":451,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":237287887073472,"gmtCreate":1698967304610,"gmtModify":1698967307314,"author":{"id":"3570273121072466","authorId":"3570273121072466","name":"Tuxn","avatar":"https://community-static.tradeup.com/news/963eaca2dfb6315915f9fdf5c24024fa","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3570273121072466","idStr":"3570273121072466"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/PLTR\">$Palantir Technologies Inc.(PLTR)$ &nbsp;</a>","listText":"<a href=\"https://ttm.financial/S/PLTR\">$Palantir Technologies Inc.(PLTR)$ &nbsp;</a>","text":"$Palantir Technologies Inc.(PLTR)$","images":[{"img":"https://community-static.tradeup.com/news/c3faf730302e308285461a1b5028ff9e","width":"898","height":"1475"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/237287887073472","isVote":1,"tweetType":1,"viewCount":457,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":237025947504640,"gmtCreate":1698903322104,"gmtModify":1698904110139,"author":{"id":"3570273121072466","authorId":"3570273121072466","name":"Tuxn","avatar":"https://community-static.tradeup.com/news/963eaca2dfb6315915f9fdf5c24024fa","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3570273121072466","idStr":"3570273121072466"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/D05.SI\">$DBS GROUP HOLDINGS LTD(D05.SI)$&nbsp;</a><v-v data-views=\"0\"></v-v> Oh no, barred new business! https://www.channelnewsasia.com/singapore/dbs-digital-banking-disruption-barred-new-business-acquisitions-mas-3888646","listText":"<a href=\"https://ttm.financial/S/D05.SI\">$DBS GROUP HOLDINGS LTD(D05.SI)$&nbsp;</a><v-v data-views=\"0\"></v-v> Oh no, barred new business! https://www.channelnewsasia.com/singapore/dbs-digital-banking-disruption-barred-new-business-acquisitions-mas-3888646","text":"$DBS GROUP HOLDINGS LTD(D05.SI)$ Oh no, barred new business! https://www.channelnewsasia.com/singapore/dbs-digital-banking-disruption-barred-new-business-acquisitions-mas-3888646","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/237025947504640","isVote":1,"tweetType":1,"viewCount":542,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":231291953574088,"gmtCreate":1697502239620,"gmtModify":1697506516521,"author":{"id":"3570273121072466","authorId":"3570273121072466","name":"Tuxn","avatar":"https://community-static.tradeup.com/news/963eaca2dfb6315915f9fdf5c24024fa","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3570273121072466","idStr":"3570273121072466"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/LULU\">$Lululemon Athletica(LULU)$ &nbsp;</a>","listText":"<a href=\"https://ttm.financial/S/LULU\">$Lululemon Athletica(LULU)$ &nbsp;</a>","text":"$Lululemon Athletica(LULU)$","images":[{"img":"https://community-static.tradeup.com/news/830659272ab4ab249f3b958f41490560","width":"898","height":"1475"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/231291953574088","isVote":1,"tweetType":1,"viewCount":628,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":226882634412096,"gmtCreate":1696471967209,"gmtModify":1696471969931,"author":{"id":"3570273121072466","authorId":"3570273121072466","name":"Tuxn","avatar":"https://community-static.tradeup.com/news/963eaca2dfb6315915f9fdf5c24024fa","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3570273121072466","idStr":"3570273121072466"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/PLTR\">$Palantir Technologies Inc.(PLTR)$&nbsp;</a><v-v data-views=\"0\"></v-v>250mln not a lot","listText":"<a href=\"https://ttm.financial/S/PLTR\">$Palantir Technologies Inc.(PLTR)$&nbsp;</a><v-v data-views=\"0\"></v-v>250mln not a lot","text":"$Palantir Technologies Inc.(PLTR)$ 250mln not a lot","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/226882634412096","isVote":1,"tweetType":1,"viewCount":676,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":true}