Connect with us

News

Norway saves Tesla’s stock prices

Norway helps Tesla gain an extra 6% at trading and will help meet its delivery estimates

Published

on

Tesla Model S SnowIt’s funny to think a disruptive electric vehicle (EV) Californian startup can not only get under the skin of the biggest automakers in the U.S., but would find some of its biggest success in a country known for its harsh cold weather, Norway.

Norway is red hot for Tesla Motors

Norway has the hots for Tesla Motors and shows a serious love for electric vehicles (EV) than even our fair weathered states in the U.S.. Norway helped push Tesla’s shares by more than 6% on Wednesday, sending analyst scratching their heads once more. To put this into context, the over-value of Tesla’s shares (TSLA) has attracted criticism, even from Elon Musk. This has raised serious red flags for investors, most of which have flocked en masse to buy shares, thus further raising its price.

Gigafactory sends analysts into a frenzy

It would be fair to say that news of the Gigafactory sent analysts through the roof with negative comments and recommendations. Tesla stocks spiked to a dizzying $265, then fell to $203 in a month to finally stabilize at $230 currently. According to Seeking Alpha, Tesla’s production is expected to out-pace its deliveries in the first quarter of this year. In other words, as Tesla moves more vehicles around, thanks to its European and Asian markets, the European sales will be very important for the company and its valuation.

Analysts predict the future through equations. Yet a closer look at their track record shows they don’t always get it right. In fact, they rarely do. Not too many predicted the 2005 real estate crash, and even less predicted the 2008 economic nightmare. Analysts get carried away as investors unnaturally inflating stock prices beyond their realistic values. Still, if the Gigafactory is exciting, it raises a lot of valid economic questions.

Playing the Tesla number game

In a recent report from StreetInsider , Tesla nearly reached 1,500 deliveries in Norway during March. This is up from just 563 in the first two months of 2014 and the report shows it delivered 2,057 vehicles in Norway this year so far, compared to under 2,000 all of 2013 in Norway. Tesla has already outpaced last year’s total and could be well on track to meet its estimates.

If Tesla expects 35,000 deliveries in 2014, it needs to increase its production rate, since only 6,500 deliveries were expected in the first quarter of the year. This means in order for the company to achieve its 35,000 Model S target, it would need to reach 6,500 deliveries in the first quarter, followed by 7,500 in the second quarter and 9,500 in the third quarter, and finally 11,500 in the last quarter. You can see this is a lot, even for Tesla Motors.

Advertisement

It’s exciting to see Tesla beat estimates. Many downplayed the company in its early years. Those of us backing Tesla since then were dismissed as idealists with no grasp on reality. Yet, reality has to start from somewhere, and that usually is through imagination. Tesla shows there is room for what we truly want and need to happen, that entrepreneurship is well and alive in the U.S..

Note: The author does not own any Tesla Motors stocks to his awareness, although has ETF shares, which can include any given stocks at any time.

News

Tesla Optimus is learning martial arts in new video teasing capabilities

For the past few months, Tesla has been refining its capabilities and making some serious progress on what Optimus is capable of. This morning, Musk released a new video showing Optimus learning Kung Fu, perhaps its most impressive feat yet.

Published

on

Credit: Elon Musk | X

Tesla Optimus is learning martial arts, a new video released by CEO Elon Musk shows, a crazy development and advancement in the robotics project the company has been working on for a few years.

Optimus has been a major focus of Tesla for the past several years, especially as Musk has said he believes it will be the biggest product of all time and could be the biggest contributor to the company’s valuation.

For the past few months, Tesla has been refining its capabilities and making some serious progress on what Optimus is capable of. This morning, Musk released a new video showing Optimus learning Kung Fu, perhaps its most impressive feat yet:

Advertisement

The video shows Optimus working with a Kung Fu teacher, known as a Shifu, going through what appears to be some sort of routine of combinations. It’s quite impressive to see the fluidity of the movements and Optimus’s ability to keep up with Shifu.

Tesla has been “working hard” to scale Optimus production, Musk said last week, a project that has obviously confronted both AI and manufacturing teams with a variety of challenges.

The plan is to have an annual production run-rate of one million units by 2030, and there were plans to build 5,000 units this year.

Elon Musk gives update on Tesla Optimus progress

Musk still believes Optimus will make up roughly 80 percent of Tesla’s value. In January, he said it would be “overwhelmingly the value of the company.”

Advertisement

Tesla plans to launch the Gen 3 version of Optimus soon, and although a video of a new-look prototype was released by Marc Benioff, the CEO of Salesforce, the company’s frontman stated that this was not what the next-generation prototype would look like.

Elon Musk confirms Tesla has never shown Optimus V3 design yet

This video seems to show there is still significant progress being made on the Optimus project, and it will be perhaps one of the most impressive humanoid robots available to consumers in the coming years.

Continue Reading

Elon Musk

Tesla Full Self-Driving v14 gets new release date, Elon Musk details

“Last minute bug cropped up with V14. Released is pushed to Monday, but that gives us time to add a few more features.”

Published

on

Credit: Tesla

Tesla’s Full Self-Driving version 14 has gotten a new release date after new details from CEO Elon Musk opened up some new perspectives on the suite.

Originally slated for an “early wide release” of v14 this past week, then a launch of v14.1 and v14.2 this week and next week, respectively, delays arose after Tesla’s Autopilot team found some issues within the software.

Tesla FSD V14 set for early wide release next week: Elon Musk

Musk detailed on X this morning that a “last minute bug” appeared before release, which has now pushed FSD v14’s release back to this Monday:

Musk also said the delay would give Tesla the ability to “add a few more features,” which seems like an added advantage, although he did not provide any additional details on what these features could be.

In classic Musk fashion, he has teased the capabilities of this version of the FSD suite since it became public knowledge that Tesla was working on it. He said that it is the second most important update for the AI/Autopilot team since FSD v12.

V14 will have a parameter count that is ten times what previous iterations were, which should provide more accuracy and a more human-like operation.

Musk has said v14 “feels alive” and has used the word “sentient” to describe its performance. The goal with the new FSD rollouts is to eliminate as many interventions as possible, making it as close to human driving as possible.

Continue Reading

Investor's Corner

Tesla just got a weird price target boost from a notable bear

Published

on

Credit: Tesla Manufacturing

Tesla stock (NASDAQ: TSLA) just got a weird price target boost from a notable bear just a day after it announced its strongest quarter in terms of vehicle deliveries and energy deployments.

JPMorgan raised its price target on Tesla shares from $115 to $150. It maintained its ‘Underweight’ rating on the stock.

Despite Tesla reporting 497,099 deliveries, about 12 percent above the 443,000 anticipated from the consensus, JPMorgan is still skeptical that the company can keep up its momentum, stating most of its Q3 strength came from leaning on the removal of the $7,500 EV tax credit, which expired on September 30.

Tesla hits record vehicle deliveries and energy deployments in Q3 2025

The firm said Tesla benefited from a “temporary stronger-than-expected industry-wide pull-forward” as the tax credit expired. It is no secret that consumers flocked to the company this past quarter to take advantage of the credit.

Advertisement

The bump will need to be solidified as the start of a continuing trend of strong vehicle deliveries, the firm said in a note to investors. Analysts said that one quarter of strength was “too soon to declare Tesla as having sustainably returned to growth in its core business.”

JPMorgan does not anticipate Tesla having strong showings with vehicle deliveries after Q4.

There are two distinct things that stick out with this note: the first is the lack of recognition of other parts of Tesla’s business, and the confusion that surrounds future quarters.

JPMorgan did not identify Tesla’s strength in autonomy, energy storage, or robotics, with autonomy and robotics being the main focuses of the company’s future. Tesla’s Full Self-Driving and Robotaxi efforts are incredibly relevant and drive more impact moving forward than vehicle deliveries.

Additionally, the confusion surrounding future delivery numbers in quarters past Q3 is evident.

Advertisement

Will Tesla thrive without the EV tax credit? Five reasons why they might

Tesla will receive some assistance from deliveries of vehicles that will reach customers in Q4, but will still qualify for the credit under the IRS’s revised rules. It will also likely introduce an affordable model this quarter, which should have a drastic impact on deliveries depending on pricing.

Tesla shares are trading at $422.40 at 2:35 p.m. on the East Coast.

Continue Reading

Trending