My Investing Muse

Tesla closed the trading day 28Apr2022 at a price of $877.35.  During the after-hours, the price continues to slide with a 2% loss. Some Tesla News: Elon sold $4 billion worth of Tesla shares as announced on late Thursday.sales to fund his Twitter purchase.  According to sources, this should be his only sale required for the purchase of Twitter.   News of Elon selling $4 Billion of Tesla Shares From Twitter user Sawyer Merritt: Tesla was more profitable than GM in Q1 2022 despite delivering 78% less vehicles. Total Q1 vehicle sales: • GM: 1,427,000 (down -19.5% YoY) • Tesla: 310,048 (up +67.7% YoY) Total Q1 net income: • Tesla: $3.3B (+607% YoY) • GM: $2.9B (-3% YoY) 1D chart of Tesla as per 7.28am SGT From the 1D chart above, we can see that Technical indicators of Stochastic and MACD point to a downward trend. 1H chart of Tesla as per 2pm SGT From the 1H chart above, it looks like the downtrend should continue as per Stochastic and MACD indicators. Technical analys...

Tesla $TLSA fell over 12% following the market's gloomy global outlook and concerns about Elon selling Tesla shares to fund his  Twitter $TWTR  purchase of $44 billion.   India looks to ban made in China Tesla As per the news screenshot above, India does not allow China-made Tesla into the country. Union minister Nitin Gadkari says that there is no issue if Tesla is made in #India. Will India see the building of a new Tesla Gigafactory soon?  Given the population, it will be an attractive Gigafactory location. Technical analysis extracted on 27Apr2022 from investing.com Various concerns have been raised including that from Biden administration.  Some are concerned that extremist values would not be censored leading to "content misinformation".  Some investors are concerned that Elon may be distracted and thus, slowing the current growth of Tesla. From the technical analysis (as per screenshot), the 1D chart from investing.com shows a " STRONG SELL " re...

News summary from last week Facebook & Google will need to better manage their content and data to protect users. A new "Digital Services Act" has been raised in Europe to protect users from dark patterns, and illegal materials.  We can expect other parts of the world to follow. War dragged on in Ukraine though peace talks continued.  Sri Lanka has defaulted and entered into a domestic and economic crisis. The SEC's updated list on Thursday shows that 17 companies, including Li Auto, BEST, CBAK Energy Technology, Luckin Coffee, and Zhihu, were added to the provisional list of issuers identified under HFCAA. news about Shanghai port congestion China promotes talks over sanctions in dealing with Russa, seeing Asia's role in promoting peace.  President Xi proposes a global security initiative.  IMF has warned of the global fallout from Shanghai's lockdown. Covid cases rise in China as the world anticipates supplies and supply chain challenges in the week ahead....

Before I read a recommended book, I may go to watch or read book summaries first, especially if I am unfamiliar with the author.  This will give me an overview of the content before I decide to dive deeper into the book.  This is what I have learnt from this good summary by YouTuber  "The Swedish Investor". Beating the Street by Peter Lynch By the Swedish Investor Compiled on 8th Aug 2021  Youtube link: https://www.youtube.com/watch?v=ihsCWCiJozQ  5 Key takeaway from the book: 1. Focus on the “EVEN BIGGER PICTURE” Price in the stock market is determined by emotional human beings.  Thus stocks go through cycles, and swings caused by market sentiments.   “Key to making money is not to get scared out of them” – Peter Lynch.  Thus, the stomach determines the outcome of the stock pick, not the head.  When Lynch feels the itch to sell the stocks, he reminds himself about the even bigger picture.  From 1959 to 2018, stocks outperformed ...

Tesla inches towards being investment grade ... allowing more investors, institutions and sovereign funds to consider investing due to the lower risks associated with the investment grade.  Recent News: (Yahoo Finance 25 Jan 2022) Tesla, Inc. -- Moody's upgrades Tesla's corporate family rating to Ba1; outlook positive on  (Bloomberg 26 Jan 2022) Tesla Inches Toward Blue-Chip Status via Moody’s Boost.  The automaker now sits just one step below investment-grade. Debt could be lifted out of high yield within 18 months: BI (www.teslarati.com 22 Apr 2022) Tesla moves closer to ‘Investment Grade’ rating with S&P Global following Q1 showing.  Its performance in Q1 has the S&P nearly ready to promote the company’s stock to an “Investment Grade” rating. In October, the organization upgraded Tesla to a BB+ rating, but as the industry continues to expand, the company holds a competitive advantage. Tesla will have to improve one level, from BB+ to BBB, to be ...

Vietnam - the rise of a new Asian Tiger Vietnam has been an interesting country following news of international players like Samsung relocating their operations from China to Vietnam.  Likewise, Intel relocated their plant from China to Vietnam too.  What is so special about this country?  Should we consider adding this country to our investing watchlist? This is a compilation of different articles, research and reports. Background of ASEAN (from Wikipedia) Map of ASEAN ASEAN is officially the Association of Southeast Asian Nations, is a political and economic union of 10 member states in Southeast Asia, which promotes intergovernmental cooperation and facilitates economic, political, security, military, educational, and sociocultural integration between its members and other countries in Asia. ASEAN's primary objective was to accelerate economic growth and through that social progress and cultural development.  Members of ASEAN If ASEAN were a single country, i...

TOTAL ADDRESSABLE MARKET OF TESLA (SELECTED SOLUTIONS) Updated as per 6th Nov 2021, Revision on 21 Apr 2022 Summary of Global TAM of Tesla (in USD)  Vehicular insurance $1.09T by 2027 Vehicular sales $8.93T by 2030 Taxi market $120.89 billion by 2027 Solar market $223.3 billion by 2026 Energy Storage market $230 billion by 2027 For the auto market, it was mentioned that Tesla aims to produce 20 million units per annum (ie about 25% of total global sales).  Let us assume prudent market penetration of 5% for the other sectors (by 2027), we can still look at potential annual revenue approaching USD$2T.  The above does not include FSD, Optimus humanoid and other commercial vehicle developments of Tesla. Vehicular Insurance https://www.globenewswire.com/news-release/2021/03/17/2194719/0/en/Vehicle-Insurance-Market-Value-Predicted-To-Reach-US-1-096-2-Billion-By-2027-Acumen-Research-And-Consulting.html  Vehicle Insurance Market Value Predicted To Reach US$ 1,096.2...

Tesla released their earnings with a solid beating of the estimates: Summary EPS 3.22 Vs 2.27 Revenue 18.76B Vs 17.84B Earnings Summary from Investing.com Tesla's quarterly revenue since inception from Twitter user @ICannot_Enough From the table above, we can see the  strong growth of Tesla's revenue  from the start in 2009.  The growth looks to be compounding over the years. Tesla's stock has risen over 5% post-market as earnings updates unfold. There is much optimism with insurance growth , Optimus humanoid & FSD and the ramp up production of the 2 new GigaFactories (Berlin & Texas) would provide more reasons to be bullish about $TSLA.  FSD is expected to go live by 2023. Extract from Tesla's Shareholder deck dated 20 Apr 2022 OVERVIEW Cash Operating cash flow less CAPEX (free cash flow) of $2.2B in Q1 Total debt ex. vehicle and energy product financing under $0.1B Profitability $3.6B GAAP operating income; 19.2% operating margin in Q1 $3.3B GAAP net inco...