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For bulls, TSLA isn’t a car company. It’s the climate change company. They are the best bet right now to upend the entire power mix. I’m not saying I agree wit

For bulls, TSLA isn’t a car company. It’s the climate change company. They are the best bet right now to upend the entire power mix. I’m not saying I agree with this. Even if achieved, the amount of future success being priced in today is extraordinary. Combine that with a stock that’s become “cool” to own with retail, and the huge short interest...and well it starts to make sense. TSLA price action at the moment is really down to a lack of sellers. Shorts have been bent over in a way not seen at this scale since (ironically) VW. Simply put: everyone who has said TSLA is overbought has paid dearly. The bubble will burst, but it’s never shorts that pop bubbles.

thecopy 6y ago
>It’s the climate change company What does this mean? ELI5 pls
- darawk 6y ago
  It means that all the dollars that people expect to eventually spend fighting climate change will largely be captured by Tesla.
- WJW 6y ago
  They mean that in the mind of "the general public", Tesla is the foremost company "doing stuff" about climate change. Therefore, by owning Tesla stock you can get warm glowy feels about making a difference. You might also gain coolness points by mentioning that you are "a Tesla investor" to people that care about such matters.
  - qeternity 6y ago
    There’s an element of this amongst retail but I’m talking about professionals. A diversified portfolio has to have some aggressive do or die growth stocks. TSLA is (or was) probably the best of this breed. So if you’re going to own a change-the-world-or-die-trying stock, TSLA is the go to for many.
  - ncallaway 6y ago
    I may be wrong—I own no TSLA and I'm pretty much the furthest thing from a professional investor—but I didn't think the comment about being "the climate change" company was actually about warm fuzzies, I thought it was about the potential financial upside. My understanding is that very likely—whatever green energy technologies win out—energy storage and load shifting will be a major issue. The entities that can build energy and power storage effectively and at scale will have a new and large market opening before them. Tesla is in a decent position—by being near the front-edge of battery production and scaling there's real room for Tesla to be a major player in the world energy market.
- bradly 6y ago
  Every house/business with solar roof and battery wall, with the elimination of energy utility monopoly across most of the world. Same thing spacex is doing for broadband and their are other companies pushing for self-contained residential water systems as well (although this one is harder for the public to swallow than the others).
- megablast 6y ago
  How do you make money on climate change? Buying Tesla is one way.
- iddqd 6y ago
  Their mission statement is “to accelerate the world's transition to sustainable energy”, not “make nice cars”.
justapassenger 6y ago
> It’s the climate change company One (extreme) way of looking at it, is that it's a company that's enabling climate change, at a tiny scale (as they aren't really that big). Regulatory credits, that are driving their profitability, is selling other car manufactures ability to produce gas-guzzling vehicles.
- SaltyLemonZest 6y ago
  There are reasons to believe they might soon be that big. I'm not saying it's close to a sure bet, but in the Netherlands and Norway they're already the top selling brand - I think any reasonable analysis has to admit the possibility that they might soon replicate that success in larger countries.
  - justapassenger 6y ago
    You need to check your data. Netherlands and Norway are markets where Tesla is failing extremely hard once competition showed up. They used to be one of the top selling brands, 1-2 years ago. Since then, their market share plummeted. For Norway, in 2020, for all car sales, Model 3 is in the 6th place, and with 1-4th place occupied by BEV from "legacy" car companies [1]. Model S/X sales are basically gone. Their market share of EV went from over 30%, to well under 10% in just a year [2]. In Netherlands, their sales also plummeted. While model 3 is still best selling EV there [3], lead isn't wide, and they only have 13% of overall EV market, at mere ~2700 cars. And this is HUGE drop from 2019. In 2019, they sold almost 30k cars [4]. Annualized that's over 80% drop. [1] https://cleantechnica.com/2020/07/09/69-of-autos-sold-in-norway-in-2020-have-a-plug/ https://cleantechnica.com/2020/07/09/69-of-autos-sold-in-nor... [2] https://i.redd.it/amrtc9yhl9851.png https://i.redd.it/amrtc9yhl9851.png [3] https://www.tesmanian.com/blogs/tesmanian-blog/tesla-model-3-is-best-selling-ev-in-the-netherland-in-june https://www.tesmanian.com/blogs/tesmanian-blog/tesla-model-3... [4] https://insideevs.com/news/391681/plugin-car-sales-netherlands-all-time-records/ https://insideevs.com/news/391681/plugin-car-sales-netherlan...
    - SaltyLemonZest 6y ago

thecopy 6y ago

>It’s the climate change company What does this mean? ELI5 pls

darawk 6y ago
It means that all the dollars that people expect to eventually spend fighting climate change will largely be captured by Tesla.
WJW 6y ago
They mean that in the mind of "the general public", Tesla is the foremost company "doing stuff" about climate change. Therefore, by owning Tesla stock you can get warm glowy feels about making a difference. You might also gain coolness points by mentioning that you are "a Tesla investor" to people that care about such matters.
- qeternity 6y ago
  There’s an element of this amongst retail but I’m talking about professionals. A diversified portfolio has to have some aggressive do or die growth stocks. TSLA is (or was) probably the best of this breed. So if you’re going to own a change-the-world-or-die-trying stock, TSLA is the go to for many.
- ncallaway 6y ago
  I may be wrong—I own no TSLA and I'm pretty much the furthest thing from a professional investor—but I didn't think the comment about being "the climate change" company was actually about warm fuzzies, I thought it was about the potential financial upside. My understanding is that very likely—whatever green energy technologies win out—energy storage and load shifting will be a major issue. The entities that can build energy and power storage effectively and at scale will have a new and large market opening before them. Tesla is in a decent position—by being near the front-edge of battery production and scaling there's real room for Tesla to be a major player in the world energy market.
bradly 6y ago
Every house/business with solar roof and battery wall, with the elimination of energy utility monopoly across most of the world. Same thing spacex is doing for broadband and their are other companies pushing for self-contained residential water systems as well (although this one is harder for the public to swallow than the others).
megablast 6y ago
How do you make money on climate change? Buying Tesla is one way.
iddqd 6y ago
Their mission statement is “to accelerate the world's transition to sustainable energy”, not “make nice cars”.

justapassenger 6y ago

> It’s the climate change company One (extreme) way of looking at it, is that it's a company that's enabling climate change, at a tiny scale (as they aren't really that big). Regulatory credits, that are driving their profitability, is selling other car manufactures ability to produce gas-guzzling vehicles.

SaltyLemonZest 6y ago
There are reasons to believe they might soon be that big. I'm not saying it's close to a sure bet, but in the Netherlands and Norway they're already the top selling brand - I think any reasonable analysis has to admit the possibility that they might soon replicate that success in larger countries.
- justapassenger 6y ago
  You need to check your data. Netherlands and Norway are markets where Tesla is failing extremely hard once competition showed up. They used to be one of the top selling brands, 1-2 years ago. Since then, their market share plummeted. For Norway, in 2020, for all car sales, Model 3 is in the 6th place, and with 1-4th place occupied by BEV from "legacy" car companies [1]. Model S/X sales are basically gone. Their market share of EV went from over 30%, to well under 10% in just a year [2]. In Netherlands, their sales also plummeted. While model 3 is still best selling EV there [3], lead isn't wide, and they only have 13% of overall EV market, at mere ~2700 cars. And this is HUGE drop from 2019. In 2019, they sold almost 30k cars [4]. Annualized that's over 80% drop. [1] https://cleantechnica.com/2020/07/09/69-of-autos-sold-in-norway-in-2020-have-a-plug/ https://cleantechnica.com/2020/07/09/69-of-autos-sold-in-nor... [2] https://i.redd.it/amrtc9yhl9851.png https://i.redd.it/amrtc9yhl9851.png [3] https://www.tesmanian.com/blogs/tesmanian-blog/tesla-model-3-is-best-selling-ev-in-the-netherland-in-june https://www.tesmanian.com/blogs/tesmanian-blog/tesla-model-3... [4] https://insideevs.com/news/391681/plugin-car-sales-netherlands-all-time-records/ https://insideevs.com/news/391681/plugin-car-sales-netherlan...
  - SaltyLemonZest 6y ago