Elon Musk says, 'Tesla Shanghai is coming back with a vengence,' on earnings call

#ElonMusk #Tesla #Teslaearnings #YahooFinance
Roth Capital Partners Managing Director Craig Irwin and Wedbush Securities Managing Director Dan Ives join Yahoo Finance Live anchor Akiko Fujita to discuss Tesla stock amid strong earnings report data.
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[aminesaib]

"There is nothing that Tesla has that Toyota couldn't bring to marker rapidly" Yes there is ..EVs in high volume...

[sCWasP]

Ah yes, Toyota could totally bring anything Tesla has to market quickly. Real weird that they aren't doing that though

[stillatwork]

VW is trying to bring EVs to market as fast as they can, and they can get nowhere close to Tesla's EV production numbers.

[veizagajp]

How do you compare Netflix and Tesla? Oh that’s right let’s also compare Toyota to Tesla. Hahaha. What a joker Craig is.

[KyleHubb]

Ford can't even deliver their Mach-E. None of these guys apart from VW and BYD have that capacity. So, where's the competition?

[FlowView]

Technologies in EVs are not created equal

[peter]

"Every frickin car on the road has technology in it" - how is what's inside most vehicles even comparable to Tesla? :D

[CL-emtk]

Well at almost same price. why would you buy some other vehicles that just developing? I buy Tesla. Buy what most people buy. Indeed.

[logazer]

I really hope for Craig he doesn’t follow his own advice, poor guy is confused

[donelpatterson]

* FFIE.. Fastest EV.. Faraday Future FF 91 Ultra Luxury Zero Gravity Seats, Spa Function, 1, 050 hp SUV EV July 2022.

[Custo]

Craig is a *hypocrite*. He has a NEUTRAL rating with a price target of 25% of current share price.

He literally doesn't stand behind what he said. All talk, 0 conviction.

[leerjet]

It's so fitting to see the bear wearing a suit and tie, and the bull dressed like the rest of us consumers.

[HoangLe-Trance]

This guy Roth's Craig must be one of the Shortie's on Tesla stock.
He will learn a hard lesson like Bill Gate did when he tried to short Tesla back then

[ericl]

Craig - don't quit your day job. You're incompetent.

[mandolorian]

If you’ve been wrong for a decade how are you allowed to come on without people laughing at you?

[favesongslist]

Tesla is a Tech and AI company.
Elon Musk was at pains to point out TeslaBot will be bigger than the Cars, trucks and FSD, batteries, power grid, everything else at Tesla combined.

[davidrounds]

nobody is at the level of Tesla, everybody else is at least 3 years behind them.

[tongtran]

“There’s technology is every car”

Lol huge difference between a Tesla with over the air updates than a Toyota. Check out Sandy Munro’s tear down of the Plaid.

[nahiag]

Okey, let's keep it simple. Q1 had $3.22 EPS. Simply multiply that by four, that's $12.88 per share.

Right now the stock price is $1009, that would be a P/E of 78, 33. Is that high? Yes. Is that ludicrous for a company that's growing at 50-60% per year? No.

They have a gross profit of 32.9% compared to Toyotas 17.8% (?). Does Toyota grow by 50% per year? No they are producing 7.5m in 2021, 9m in 2014 and back in 2009 they produced 7m. They are threading water at best, at worst they are declining.

You know there is a paradigm shift going on when people don't when believe their own numbers. He can't believe that an auto company could be valued like that so instead of looking at the numbers he dismisses them.

Toyota should be glad if they aren't the next Nokia.

[andrerodriguez]

Funny how VW is spending 5 billion dollars to fix tech, and over the air updating with their EV’s. So everybody can do tech, yeah right. It took Tesla a decade to be able to have the tech they have now. It’s not that easy. Craig is probably talking about a digital speedometer display from the 70’s as tech.😝