Tesla Motors, TSLA, Shareholder Meeting 2012

Feb 26, 2013 6:51 AM | about stocks: TSLA
(May 2013, This was supposed to be my first article in July 2012, but was rejected by SA for some odd reasons. It is funny, how they allow many average articles to be written.)
July 2012
Shareholders,
There seems to be great debate regarding the success or fail for Tesla Motors. One side seems right that the "current battery technology and strategy" will cause Tesla to fail. The other side feels strongly that, "Elon Musk, CEO of Tesla, and his team" will succeed in making Tesla Motors a great carmaker. Who is right?, Only time will tell or maybe not? (As there has been so much said on Tesla, I will keep this short.)
As a concerned shareholder, I attended the recent shareholder meeting on June 6, 2012. There was good talk about company achievements and where the industry is going. I sensed no concern, only confidence from Elon Musk and the executives. (After the meeting, I felt compelled to write something, so I am sorry for the delay.) During the questions period, I asked Elon Musk about the Model S sales, it got to the point where I asked, "What if you sell only 10k?" (Model S), In which he replied, "8K is breakeven." http://www.teslamotors.com/2012shareholdermeeting
 - (Minute 45:00) / www.sfgate.com/default/article/Tesla-s-M...
 Once I heard that, I was less concerned. Today, after the unveiling a month ago and good reviews, I see no reason why they can't sell at least 8K cars. I remember when I asked him the question, he seemed bit annoyed. If that is the case, then I have nothing to worry about. I am an entrepreneur as well. I know what it is like to be criticized. I have no problem giving him my $10K or $10M dollars to invest with and you shouldn't either.
There has been so much back and forth on Tesla, I find it annoying. So I just sit back and let the business take shape. That's what Tesla is, a business. If Elon says he can get it done, then I believe Him. I believe Tesla management is fully aware of the risks.
I own both shares and options. The options will eventually be closed out, as I focus more on investment management, then investment trading. I would recommend TSLA as no more than 20% of your portfolio. TSLA is in the investment model I am currently building.
If I were an analyst, I would rate Tesla Motors a "Buy" at the $30 price range. I see more positives, then negatives. I make this "buy call" before the Q2 earnings release this Wednesday, July 25, 2012. I believe Musk is annoyed with the negative analyst's press, to come out early with the results (truth).
Thanks, Roy Philipose
Investor/Entrepreneur
Disclosure: I am long TSLA.
Stocks: TSLA

Popular posts from this blog

A/X Growth Portfolio 2024

By Roy Philipose AXGrowth.com There are no plans to set up an investment management company.  I am drained dealing with Vanguard and Finra. I have been treated so poorly by them. These organizations don't want me to be rich and successful.  "A/X Growth Investments" has always been in the idea stage, and it will stay there. I have music to make. _________ 11/14/24  I am glad that TipRanks is finally reporting my numbers correctly. They seemed to fix the bug that showed incorrect performance. The current 29% YTD performance is about right. I had a boost from Tesla and Bitcoin performance.  Again, my goal is not to outperform the S&P 500 annually, but just be a better investor. I am spending less time on investments in general, but I will try to keep up with it on TipRanks.  There are no plans to set up any investment partnership or fund. I don't have access to the right resources or a fund company to help me set that up. The "A/X Growth Investments" i...
Read more

A/X Growth Portfolio 2023

Image
By Roy Philipose ©  Copyright Roy Philipose 2023. All rights reserved.  -------------- -------------- AXGrowth.com The A/X Growth Portfolio is a superior investment model run by Roy Philipose that delivers sustainable above-average market returns.  My goal is to run my own fund. --------- TipRanks: A/X Growth New --------- 2023 Performance: A/X Growth: 47.9% S&P 500: 24.7% -------- 2022 Performance: A/X Growth: -8% (estimate) S&P 500: -19.95% ------------- Disclaimer: Investments may lose value. ------------- Economic Data FINRA Margin Statistics Consumer Price Index Michigan Consumer Confidence US Consumer Confidence US CEO Confidence Unemployment Rate Gross Domestic Product S&P 500 PE Ratio AAA Average Gas Prices ISM Report on Business --------------------------------------------------------------------- Dec. 31, 2023 A/X Growth had a good year vs. S&P 500.  A/X Growth: 47.9% S&P 500: 24.7% ------------------- Feb. 16, 2023 I set up ano...
Read more

A/X Growth Portfolio 2022

Image
By Roy Philipose ©  Copyright Roy Philipose 2022. All rights reserved. -------------- AXGrowth.com The A/X Growth Portfolio is a superior investment model run by Roy Philipose that delivers sustainable above-average market returns.  2022  Performance:           A/X Growth: -8% (estimate)           S&P 500: -19.95% ------------- Disclaimer: Investments may lose value. ------------- Economic Data FINRA Margin Statistics Consumer Price Index Michigan Consumer Confidence US Consumer Confidence US CEO Confidence Unemployment Rate Gross Domestic Product S&P 500 PE Ratio AAA Average Gas Prices ISM Report on Business ------------- Resources on Investing By Robert Kiyosaki 1) Rich Dad, Poor Dad (Money 101) 2) CashFlow Quadrant (Money 201) 3) Rich Dad's Guide to Investing (Money 401)  By Peter Lynch 1) Learn to Earn (Investing 101) 2) Beating the Street (Investing 201)  3) One up on Wall Street (Inves...
Read more