The current angst that the FT is reporting in some parts of the "investment community" tells us more about the woefully inadequate state of most investment analysis than it does about the fair value of TSLA shares
Let's examine this a bit more closely :
1. Equity Investment is about buying growth
- and the best growth to buy is that which will continue for a long time
2. To be able to see and buy growth you have to look out out into the future at least 5 years and preferably 10 years
3. When Buying a stock it is largely irrelevant what today's or next year's earnings are or what today's or next year's P/E Multiple is or will be
Tesla has booked 45 GWh of Lithium Iron Phosphate LFP batteries from Chinese power cell giant CATL for next year's sales plan, primarily for the Model 3 and Model Y vehicles, 36kr reported today cnevpost.com/2021/10/29/tes…
In addition to booking 45 GWh of batteries from CATL, Tesla plans to add to existing orders, and the two sides are already in talks, the report said, citing people familiar with the matter
CATL would not comment, the report said
Tesla and Panasonic's Nevada battery plant will also expand to produce more than 40 GWh in 2022, and together with supplies from LG Chem, Tesla's 2022 sales will be at least 1.5 million units, the report said, citing industry sources
Hertz's global business model is based on franchising, and in Sweden the rights are held by First Rent a Car AB
- We are owned by Volvo Cars and mainly provide Volvo and Polestar, says Swedish Hertz mestmotor.se/recharge/artik…
Cecilia Saberi, communications manager at Swedish Hertz, tells Dagens Industri that customers have been asking if Tesla cars will be available for rent in Sweden
The answer is no
Swedish Hertz itself decides which cars to buy
And its ownership by Volvo is a strong reason for them not to buy Teslas in Sweden
"Right now we are seeing a high demand among electric cars for the Polestar - a car that we are unique in offering to our customers" says Michel Basberber, Hertz sales manager in Sweden