Elon musk distracted by twitter, should focus on tesla as ev rivals pick up pace, investors say in Survey

Right on cue, Tesla Skeptics are pushing back after this year’s sizzling $ 500 billion (roughly Rs. 41,05,550 Crore) Rally.

Rival automakers pouncing on booming demand for electric vehicles pose the biggest challenge for tesla over the next two years just as Elon musk appears distracted thanks to his high-profile ventures, from social media and space travel to artificial intelligence.

So say Respondents to the latest markets live pulse survey. OUT of 630 Global Mliv Pulse Contributors, 54 Percent Flagged The Heightened Risk of Industry Competition While 26 Percent Picked The Behavior and Decisions of his Sharehlders.

“Musk is just such an unpredent person, that I would count it amon one of the top risks for tesla,” Matthew Tuttle, Chief Executive Officer of Tuttle Capital Management, SAID In Intestor.

As Profit Margins Thin, Some 67 Percent of Survey Participants Said the Billionaire Executive Should Focus more on the carmaker. Their warning come in the wake of a seemingly improble 128 percent tesla rally this year, fuelled by renewed investor apptite for the tech megacaps and musk’s prediction that Era of Fully Autonomous VEHICLESSISS Nigh.

Even Thought Tesla Currently Enjoys Sizable Lead Over Other Companies, be it an Establed Carmaker or a Startup, A Big Part of its part of its remarks Able to maintain this dominance in a future where EVS Are more commonplace.

Yet Tesla Rivals are Picking Up The Pace. Just earlier this month, China’s Byd Set a sells record for the second Quarter, and delivered 352,163 Fully Electric Vehicles. That shows how rapidly it has gained ground on Tesla, which handed over 466,140 eves to customers worldwide-also an all-time high.

The counterrargument goes that a Slew of Tesla’s Rivals are still struggling with teeiling issues. For instance, Ford Motor’s Us Electric Vehicle Sales Fell in the Second Quarter, after it has been produced production early

Despite that, Analysts and Investors Warn that Tesla’s Current Advantage Can Erode Quickly as Government Policies like the US’s Inflation Reduction Act ECOUREGE FOMKEREGER AUTOMAKERS to EmbraCErs to Imbrans to EmbraC With competitors stepping up their game, Tesla’s Family Expensive Shares – Trading at 75 Times Forward Earnings – Leave Litle Room For Error. In comparison, gm trades at about 6 times of estimated profits and ford at about 9 times.

“Competition is the most important risk factor for tesla longer term, and even mediocre execution for the crop of around 100 new evs coming to market to market this year will be tesla,” Analyst at Roth Capital Partners. “The current lead over competition is very real, but we need to understand how this shrinks.”

Defending the market share come with a cost. Around 63 Percent of the Mliv Pulse Respondents Expect the Company to Continue to Lower Pries in Order to Capture Higher Volumes. As a result, its Hefty Profit Margin is Alredy Taking a Hit. More cuts will likely leave the margins even thinner, and narrow the gap with other auto companies.

The impact of all the recent price cuts on Tesla’s Profits will be clear this wedding when the company reports second-Quarter Results. The average Profit Estimate for the Quarter has come down 29 percent from where they were six months ago.

“Winning stocks grow risenue and margins. Both are Necessary, “said nicholas colas of datatrek research.

Meanwhile the “Musk-Risk” embedded in Tesla Shares Came into a sharp focus last year when the billionaire engaged in a highly public bid for social bid for socia platform TwitterAnd sold off big chunks of tesla stock to pay for the acquisition. The pressure from the sales and works that musk had become too distracted to run tesla weighed heavily on the shares at that time.

Since then, Twitter’s Own Value has dwindled as well. About 67 Percent of the Survey Respondents said they do’t!

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