High expectations for Tesla, and a long way to go to match rivals' steady profit

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Buckle up. Tesla's quarterly report could be another wild ride for investor...

At an average of roughly $17,750 per vehicle, operating profit at luxury carmaker Porsche, for example, has been stable over the past four years. Mercedes’ and BMW’s profit per vehicle have been closer to $3,000.

Tesla’s rally in recent months has been fueled by its unexpected third-quarter profit, a production ramp-up at its new factory in China and better-than-expected car deliveries. Tesla’s stock was up 1% on Tuesday. As of Tuesday, Tesla options implied an 11% swing for the shares in either direction by Friday. Over the last eight quarters, the stock moved 9.5% on average after Tesla reported results, according to options analytics company Trade Alert.

As Musk’s nears the first tranche of a record pay package that depends in part on increasing Tesla’s market capitalization, the carmaker’s stock remains among the most divisive on Wall Street.

 

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LoL how many American companies produce electric cars in a country adopting the most renewables at the fastest pace in history?

Rivals? What rivals 😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂

I mean, to me this just looks like Porsche is heavily overpricing it's cars while Tesla, BMW and Mercedes-Benz aren't. As I see it, I don't think Tesla should aim to be Porsche

Interesting. Meanwhile still sucks!!

Move along folks, nothing to see here. Same old tired short themes. Comparing Tesla to ice makers is apples to oranges, but they keep on doing it...

So $600?

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