Member Info for Strike123

Added £4k just now. If it goes down more will add more. Can't believe that this is taken down twice from 530p to 480s!

Away for few hours and this one has been taken down again. Total manipulation but some take this word literally and say short positions are perfectly legal!

From 530p this morning someone must have opened a short. Once it is in red, panic spreads and finger goes on to sell button.

We all know this will come back to 530s and higher. Not worried at all.

Well done Stille!

There were lot of bargains last year and I missed out on almost all as I was already in before the Twaterng caused crash.

We shall see new highs for EZJ at some point this year IMO

Bloody hell this is being traded just for the results and no value being given to the business.

I didn't sell at last update when this was taken down from 520s to 470s and am not selling now either.

Let's see if this is heading back to sub 5s. I will double up if it does. Already in for £10k at £4.90 avg.

I have a feeling we will see new highs this time. We did see 550p before. Just need to break 530p then blue skies. GL

If only that bloody Twitter was not touched by Elon!

2022 downfall was because of Twitter chaos and his selling of the shares to fund the purchase.

Only a wider market rally seem to push the Tesla price. Any news of its own is only taking it down further!

Share buyback is one option to prop up the price but they need money to build more factories so can't see share buybacks happening.

We need profit margins to improve, inventory to be cleared and new cheaper models built to grab EV market share.

This year Ron Baron had $1600 price target for Tesla by 2030!

I just need $250 for break even.

Looks like a small gains this week. May be cash out your trading pot by tomorrow Wolf?

With profit forecasted for full year and business beach to 2019 levels, lowest debt among the European aviation sector, EZJ is definitely one to be invested for sector exposure.

Pre-pandemic price was £10 after discounting rights so current price is undervalued.

looks like another short closed that was lurking under 0.5%. jefferies rating 210p would have scared the ****.

if rr reports 90% of 2019 efh then rr should be worth atleast £2.00 as the pre-pandemic high was £3.30 around.

so current price is undervalued imo.

I think the new range now is between 145-155p until the wider market conditions improve.

Update was solid and last week CEO interview was very bullish.

Not a 20% opening like last time. Didn't expect either. It was short closing that caused the spike last time. From now it will be a slow drip feed but eventually will get to £2

4% bounce yesterday! wonder why?

“While skeptics may focus on less than 20% automotive gross margin, we think an obsession with this metric is unwarranted,” Piper Sandler analyst Alexander Potter wrote in a note. “Once the dust settles, Tesla should bounce back.”

Sliding every day.
Next quarter atleast need some solid news.
Without price cuts they cannot meet delivery numbers but that hurt margins hitting a 2yr low.
What can turnaround this?
I think inflation need to come down first and mild recession should help improve margins and delivery numbers?
Jefferies analyst forecasting 19% margin for 2023 Fcf down by 44% to $7.3billion!
If Tesla can improve these numbers by year end then chance to get back to $200

If they are good then that should help RR SP too?

The executive shared some details about improvements in production output this quarter and focused on reducing costs going forward in preparation for Cybertruck volume production:

We made significant improvements in both areas. On Texas production, we increased 50% quarter-over-quarter, through yields increased 12% and peak rate increased by 20% and through yields improved by 20%. Altogether, the team accomplished a 25% reduction in COGS over the quarter and we are on track to achieve steady-state cost targets over the next 12 months. And going forward for the rest of the year, the priority one is to yield in cost for the 4680 program as we steadily ramp production ahead of Cybertruck next year.

Baglino gave an update on that front:

Structural pack, we saw big improvements with pack manufacturing with the 4680 cell on the structural pack concept, 50% lower capex and 66% smaller factory with the same output in gigawatt hours per year. We do believe structural as a concept is a good one. It’s simpler. We’ll continue to structurally load the cells and use the pack as the floor of the vehicle while iterating the design to closer to B-level execution of this A-level architecture in future programs. And zooming out for the 4680 team Q1 was all about cost and quality.

https://electrek.co/2023/04/21/tesla-update-4680-battery-cell/

The automaker claimed a potential to reduce battery cost by over 50% with the new design; it has been trying to bring it to volume production since, but it has run into some bottlenecks.

In a conference call following the release of its Q1 2023 financial results, Tesla gave a detailed update about its 4680 battery cell production.

Drew Baglino, Tesla’s senior VP of engineering, said about the 4680 cell:

On Battery Day, we established a cost-down roadmap through 2026 across five areas of effort. There was the cell design we discussed; anode and cathode materials, the structural pack concept, and the cell factory itself. We’ve been making progress across all these aspects since then. For the Cell Factory, for the Texas 4680 factory, we are part way through building and commissioning and installing and operating, will be 70% lower capex per gigawatt hour than typical cell factories when fully ramped in line with what we described on Battery Day. And we’re continuing to further pursue densification and investment reduction opportunities in future factory buildouts like in Nevada.

Tesla is producing 4680 cells at its pilot plant in Fremont, but it is expected to reach higher volume production at Gigafactory Texas, which is the “cell factory” Baglino is talking about here.

to increase to ramp output? In the news today.
I thought Tesla already invested all that needs to deliver > 1.8M this year? May be the additional costs are for Cyber Truck production in Q3?
Really need some good news to hold on to 160s atleast.

I have seen driverless taxis in Arizona and they are in operation since more than 3 yrs but I agree it is difficult in a busy city. Can't imagine it can work in countries like India!

UK inflation numbers has put a dampener on the share price but EasyJet has low debt and majority of the bookings sold for next quarter and 25% for Q4.

With low debt of just 200M compared to 1.1Bn end Dec 2022, EZJ is the best place to invest. Any weakness next week is a gift to add more. Currently in with nearly £10k at £4.90 average.