Tesla (TSLA) Hiring Spree

 As an incentive to increase Tesla's car production in the US market, they are offering various part-time potions to meet these quotas. Tesla believes this will cut costs and ramp up productivity. With jobs in the sales force being made, Tesla is able to offer 250 more jobs. Job titles such as Tesla Advisor and Gallery Adviser, this should encourage more demand in these areas. 

"Tesla buyers haven’t had access to the $7,500 federal tax credit for electric vehicles for years now.

That’s due to a limit of 200,000 deliveries of electric vehicles per manufacturer in the US, which Tesla was the first to reach.

It disadvantages automakers who were early in delivering electric vehicles in volumes, but there’s currently an effort to reform the EV incentive program and remove the cap of 200,000 electric vehicles.

The latest proposal would increase the incentive to up to $12,500, and it would stay in place until electric cars reach a 50% market share of new passenger car sales in the US.

While it might not be the final form of the new incentive, a version of it is expected to be adopted later this year."

Even with those incentives not being promised at the moment, Tesla still is gaining momentum in the market because of their other areas growing. It is key to note that Tesla doesn't provide much benefits to their part time employees. They aren't even given cell phones or laptops.

Lambert, F., & Fred Lambert @FredericLambert Fred is the Editor in Chief and Main Writer at Electrek.You can send tips on Twitter (DMs open) or via email: fred@9to5mac.comThrough Zalkon.com. (2021, July 22). Tesla (TSLA) is going on a salesforce hiring spree as demand ramps up in the US. Electrek. https://electrek.co/2021/07/22/tesla-tsla-salesforce-hiring-spree-demand-us/.

Why Tesla Stocks Are Dropping

 Tesla stocks continue to drop and here's why. A special purpose acquisition company (SPAC), Churchill Capital Corp IV, introduced a new line of EV cars that rival the popular market choice of Tesla. Their new car called the Lucid Air, takes the lead in battery life over the renounced Tesla Model S. With Lucid's promotional materials, they already have reserved sales of 10,000 units with a gross amount of $900 million. That sales estimate was what Tesla intended to collect if there wasn't another competitor. Tesla already had rivals with Ford and GM in the electric car company market but now they are competing with Lucid. It's interesting to note that Lucid is also targeting the high-end EV car industry, which is where Tesla thrives. Lucid's "Air Dream Edition" is reported to have a MSRP of $162,000 which is tremendously high compared to GM and Ford's EV cars. Huge competition in the EV car industry rises and Tesla takes the bigger hit.

"Our award-winning analyst team just revealed what they believe are the 10 best stocks for investors to buy right now... and Tesla, Inc. wasn't one of them."

Smith, R. (2021, July 14). Why Tesla Stock Dropped -- Again! The Motley Fool. https://www.fool.com/investing/2021/07/14/why-tesla-stock-dropped-again/.

/why-tesla-stock-dropped-again/

Tesla Stock dropping

 Over the past months, the rush for electric car companies to produce mass amounts of vehicles to their demanding customers have grown. One of the biggest consumers of EV cars is China, which delivered close to 227,000 cars. They are searching the market for the best hybrid/fuel-cell cars and have recently started producing their own. Tesla, known to be the leader in EV car production, has been competing with China's maker BYD shipped roughly 41,000 cars to China compared to Tesla's 33,000. What's really interesting is that Tesla produced 92,000 cars and only shipped about 63,5000 cars to China. That means China accounted for roughly 45% of Tesla’s total production and 30% of total sales in the three months ended in June. Tesla generated about 21% of total sales in 2020 from China and is growing in the most important market for EVs globally.

In simpler terms: 

"The Tesla figures and overall EV market penetration are both good news for the Tesla stock, but it wasn’t getting a boost Thursday. Tesla stock has fallen 2% in early trading Thursday. Chinese delivery figures, however, aren’t the issue. The S&P 500 and Dow Jones Industrial Average, for comparison, are down about 1.3% and 1.1%, respectively, after Japan declared a Covid-19 emergency related to the new Delta variant of the virus. The variant’s threat to the global recovery from the pandemic has unnerved investors—Tesla likely would’ve needed to deliver more in China to buck Thursday’s market trend.

Coming into Thursday, Tesla stock is down about 9% year to date. Shares have paused after an epic 2020 run, where they rose 743%
" (Root 2021).

Root, A. (2021, July 8). Tesla's June China Delivery Numbers Were Good. Why Its Stock Is Dropping. Tesla Stock Is Dropping After Solid China Deliveries. Here's Why. https://www.barrons.com/articles/tesla-stock-deliveries-51625750921.

Best EV Car Stock

 As we all know, the largest and on-going pioneer maker of electric-vehicle productions cars, Tesla is the a clear winner according to markets. Tesla's stock is at a booming $670 compared to other top automotive electric car companies like Ford, which is at $15. 

"137 times forward price-to-earnings as of Tuesday’s close — speaks volumes about where investors are placing their bets as legacy auto manufacturers rush to develop their own EV projects," TradingAnalysis.com founder Todd Gordon told CNBC.

Also it is noteworthy to know that Ford is having one of its best years in stick since 2009. They are valued at less $20 a share. Whereas, Tesla is having one of its worst years since 2016 and is still valued at over $600. Needless to say, Tesla holds more value. It's interesting to also assume Tesla is in a bullish market and is on the rise soon to come. 

The race for popularity in electric cars comes down to who can collect the most data that those car holders use. Car analytic data is collected every time one of those cars is plugged into a socket or is driven over countless miles. Tesla has been in this ball game for a while collecting data on their users. For a new company to compare or question Tesla's data would be quite challenging. 

Lizzygurdus. (2021, June 30). Market has already decided the winner of the electric vehicle race, trader says. CNBC. https://www.cnbc.com/2021/06/29/tesla-trader-says-market-has-decided-winner-of-electric-vehicle-race.html.

Elon Musk and The Simpsons

 Elon Musk is a well renowned famous face in today's society. He has created amazing technology that has pushed human life to newer levels. At his level of fame, he has been offered to appear in many movies, TV shows, and even cartoons. One of the most famous appearances was when he appeared on The Simpson's in episode 564 titled "The Musk Who Fell to Earth" where he even played as his own character and voiced himself. This episode aired on January 25, 2015

What's really interesting is that if you invested $1,000 in Tesla on the day after the episode aired, Tesla was valued at $201.80. So that $1,000 could have boughten you 4.96 shares at the beginning  of January. In 2020, Tesla completed a split which would make the 4.96 shares to 24.8 shares which is valued at $15,481.90 when the stock hit $624.27.

This is a return of 1,447% in the past 5 plus years!

Katje, C. (2021, June 20). If You Invested $1,000 In Tesla Stock After Elon Musk Appeared On 'The Simpsons,' Here's How Much You'd Have Now. Benzinga. https://www.benzinga.com/news/21/06/21630792/if-you-invested-1-000-in-tesla-stock-after-elon-musk-appeared-on-the-simpsons-heres-how-much-youd-ha.

Tesla’s Growth could be Headed for a U-Turn

  According to the Yahoo article, Tesla's growth in stocks are starting to make a U-turn in the market. Still the company is valued over $600 billion dollars, a lot of stockholders are seeing a lot of returns and gains from holding onto the stock. It's interesting, however, "Tesla’s still losing a ton of money making electric vehicles, yet is able to report a profit due to unsustainable cash flow streams (namely, Bitcoin trading and the sale of emissions credits), is worrisome to many long-term investors" says the Yahoo article. They are able to sustain growth with those deficits by trading at a rate of 16x more than their sales and 600x more than their earnings.

Possible concerns in the market for the stock are driven from the Chinese tension halting sales to half according to their last month sales report. Since China is the one of the world's largest EV car users, having that impact on Tesla's orders hurt their profits. Other concerns include other EV car manufacturer advances in their models. Factors such as price point are making EV cars more affordable compared to Tesla. Also, manufacturers are keeping up with technology features that are similar to the higher end Tesla models. 

Stay on the look out for possible decreases in the Tesla stock market. Options such as shorts are great to make money from a stock losing value. 

Yahoo! (n.d.). Tesla's Growth could be Headed for a U-Turn. Yahoo! Finance. https://finance.yahoo.com/news/tesla-growth-could-headed-u-115622969.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAAG_wCmV0MDbQshXIVri15Q2nb2AFr1YWhC1jiD08fsRyEllVomFHTSytMj-aBQrpT0cL-jy3N-EWT70aG66WLtggng4D3saLARFcb3mZ2aL2Y5jxj3cV3PMujXnMKglWo8ZDCsrgLa5Fsj2wZRJxkW4CCkHtneqZ5Ij1omQFctpc.