Today is the third worst market opening gap historically. What would Tesla CEO Elon Musk do in today’ super volatile stock market?.
The S&P 500 just set a third-worst open ever, following the financial crisis in October 2008 and terrorist attack in September. 11, 2001.
Since this page is inspired by the electric car marker Tesla, what would the CEO Elon Musk do?
According to few of his responses and tweets on twitter, Elon Musk believes it makes no sense to panic. He thinks it is dumb to panic due to the coronavirus.
One commodity has been in particularly high demand: Toilet Paper.
Why are Americans panic buying toilet paper till it’s out of stock?. I think this is a question for the human gods like Elon Musk, below is his answer to that!.
According to Elon Musk in his tweet above, Toilet Paper may soon cost close to $3999, and come with a free one carat Diamond Ring.
Would Elon Musk Add To His Tesla Share?
You bet he would if he had to. The market is in a correction phase at the moment and Tesla Stock has not been left behind.
Tesla market cap still sits comfortably above $100 Billion, so Elon’ pay day is still very safe and secured.
Tesla Stock is down more than 20% from its previous high of about $965, and presenting trading around $620. The Stock is still well above the 100DMA (~$483), and very well above the 200DMA (~$355), that said, hardcore Tesla bulls are predicting the stock should hit $1500 within the next 4 years in worst case scenario, and $7000 and above if Elon Musk delivers.
If you are looking to hold for years, now doesn’t seems to be a bad time to start picking up the stock level by level.
“be fearful when others are greedy and greedy when others are fearful” – Warren Buffett
The CEO bought about $10 million worth of shares on Feb. 14, paying an average of $767 per share. so if you buy today, you are better positioned than him ;).
Elon Musk is presently busy doing what he does best, trying to make humans multi-planetary. while the world fights for toilet paper.
PS: Please remember to watch your hands, and stay safe ;).
This is why I believe Tesla is about a decade ahead of competition, and will give the best solution for fully autonomous self-driving car problem, and nothing will come close enough.
Critical Elements Of Fully Autonomous Self-Driving Car
Having Tens Of Billions Of Miles Of Testing
Having a Huge Fleet Of Cars
Having A Very Powerful AI (Full Self-Driving Computer)
Having Sensors that are necessary for the car to drive such as Camera, Radar, Ultrasonic, IMU, GPS.
At the moment, Tesla and Waymo are the biggest self-driving cars data collectors. These two companies than to make a software that can self-drive a car, safer than all the safest human car drivers combined.
To solve the self-driving car problem, autonomous driving technology must be very close to perfect, 99.999%. Companies building this technology need to collect billions of miles worth of data to perfect their software, and make it drive more than 2x better than human drivers.
Data collected by Waymo and Tesla
In January 7, 2020, Waymo, Alphabet’s self-driving company, has logged 20 million miles on public roads, the company announced in a press statement. The new milestone comes just 15 months after Waymo hit the 10 million mile mark in October 2018. The latest figure puts Waymo far, far ahead of its rivals. Using this data, it’s possible to predict in 10 years there is a chance that Waymo won’t hit a billion miles data collected.
By November 2016, Autopilot had operated actively on hardware version 1 vehicles for 300 million miles (500 million km) and 1.3 billion miles (2 billion km) in shadow mode. As of November 2018, Tesla has collected a gigantic 1 billion miles of Autopilot data. For comparison, Waymo collected about 15 million miles then.
According to Forbes, Tesla was approaching 2 Billion Self-Driving Miles Driven. Tesla’s total autonomous miles logged had grown exponentially from 0.1 billion in May 2016 to an estimated 1.88 billion as of October 2019.
Tesla FSD Computer Hardware And Software
Below is a Tesla FSD computer chip, being built by Samsung Electronics in Auston Texas strictly for Tesla. It Is a combination of tailored hardware and tailored software that are masters of one trade, Full Self-Driving. Tesla FSD Computer is designed to do one thing incredibly well, compared to an NVIDIA Chip that is designed to do many things. The software that runs on Tesla FSD Chip is designed to do one thing incredibly well. This is the strategy Tesla is using.
“Anyone using only Lidar is Doomed!.” – Elon Musk
According to Tesla CEO Elon Musk, the second generation of Tesla FSD home-made computer chip will be atleast 3x of the current version. This is bad news for so-called Tesla competition as they have almost nothing so far.
“If anybody is really good, they might have something that we have right now (April 2019) in 3 years (April 2022), but in two years we will have something 3 times better” – Elon Musk on Tesla FSD Computer.
A very powerful sustainable advantage for Tesla is the Fleet. According to Tesla CEO Elon Musk “Nobody Has The Fleet”.
Tesla will have over a million car with full self-driving computer hardware in 2020. Tesla has a MASSIVE data advantage, similar to Google Search Engine. Google search engine is the best because people use it and it has been the best search engine for years, and will probably remain the best search engine.
DATA DATA and Lots Of DATA
Life is all about experiences. To be an expert at something, you need to study the subject involved very very well and carefully, and gather enough experience for tackling any problem arising from such a particular field.
An expert, more generally, is a person with extensive knowledge or ability based on research, experience, or occupation and in a particular area of study. That said, Tesla is building an expert at driving a car.
Tesla FSD computer is going to be an expert at driving, because Tesla is feed the AI in the computer, billions of miles of data. Life has we all know it is more about experiences.
It is going to be very hard for so-called Tesla competitors to beat Tesla at solving the self-driving computer problem. The same way it will be very hard for a novice to beat an expert at his field.
Learning From Real World Professional Drivers
Tesla FSD Autopilot computer is learning from almost a million drivers every day.
A humans, we have to go through driving school and pass both the theory and practical to earn a drivers license. This is what Tesla FSD computer is doing on a daily basis, learning learning and learning from over 500,000 professional drivers that have passed their driving exams.
There is no way you can compare such a FSD computer to anything out there that is learning from less than 500,000 drivers.
Tesla is ramping up car production and delivery as we speak, and the numbers of FSD computer teachers is bound to increase almost every minute. The more Tesla produces cars, the further Tesla is away from competition.
Tesla is not just building an electric car, Tesla is literally the only Electric car maker out there building a FSD fully autonomous electric cars. Others are building just electric cars that still can’t go further and faster than Tesla cars, while Tesla is building something that is approaching a Artificial General Intelligence.
Feel free to use the comment section to share your opinion with us, and do check back for daily updates. Thank You!.
It took less than 5 hours after launch, for the 1:10 hot wheels R/C remote-controlled Cybertruck limited edition, to be completely sold out!.
Hot Wheels and Mattel released two R/C versions of Tesla Cybertruck 1:10 hobby-grade scale model for $400 and a 1:64 scale model for $20, at Toy Fair 2020.
This is not the first time Hot Wheels and Mattel partner with Tesla to release fun version of the Electric car maker models. They have done the same with Model S, 3, and X.
The 1:10 Hot Wheels R/C Cybertruck will come with all the sleekness and versatility of the full-size Tesla Cybertruck, says Mattel.
The $400 version was originally made for collectors. According to Mattel’s Head of Product Design Gerry Cody in an interview with fatherly.com, it has functioning tail- and headlights, all-wheel-drive, full suspension, and that same rocking body geometry. It has two driving modes, “Chill” and “Sport”; in the latter mode, the truck reaches a top speed of 25mph. There’s also a cheeky broken window vinyl decal (removable) that nods at the Cybertruck debut when Tesla’s Chief Designer accidentally broke the glass when trying to show the window’s strength.
The Hot Wheels R/C Cybertruck will be remote-controlled, rugged, and off-road and rugged terrain capable. Unfortunately it sold out within 5 hours of launching the order page.
Those that missed the $400 model, can always order the 1:64 Hot Wheels R/C Cybertruck that comes with a price tag of just $20 only. The 1:64 model is available to ship on December 15, 2020, according to Mattel.com
Hot Wheels packs the power and performance of the futuristic Cybertruck into two small-scale, remote-control vehicles: a track-compatible 1:64 scale and a limited-edition hobby grade 1:10 scale. It’s the only way to drive the Cybertruck in 2020! – Matell
1:64 Model Features
The 3-inch, radio-control Cybertruck combines the modern Tesla design with the iconic Hot Wheels size.
Race on Hot Wheels track – on a horizontal track race or take it vertical on a classic Hot Wheels track loop. I mean, we’re Hot Wheels, after all.
Key features include two-wheel drive with both Chill or Sport speed to reach up to 500mph scale speed and recharging from controller.
In 2019, Audi sold about 26,000 E-Trons due to battery shortages. Audi is now facing a serious battery supply bottlenecks and has halted further production of the electric car.
Mainstream electric car manufacturers are facing serious problem in terms of batteries, unlike Tesla that has a vertical production plant and first mover advantage in smart electric vehicle production. While other electric vehicle manufacturers are making electric vehicles, Tesla is making intelligent electric vehicles that are capable of fully autonomous self-driving.
Audi isn’t the only major car manufacturer going through difficulties with EV batteries issues. Mercedes-Benz has delayed the U.S. introduction of its new E-Tron competitor, the EQC, by a year. While parent company Daimler denies that battery supply is to blame, both issues highlight the difficulty automakers have faced in scaling up production of new electric cars.
Bonus Video About Tesla Battery Technology:
Tesla is 6 years ahead of competitions according to findings by Nikkei last week. While other car manufacturers face difficulties with EV batteries, Tesla is gearing up for its battery day, set for April 24th. Tesla CEO Elon Musk promised Tesla would soon have a million-mile battery, more than double what drivers can expect today.
In 2013, Tesla CEO Elon Musk made a statement that we believe is still underappreciated by most Tesla investors, “My money is the first in, it will be the last out” he said. Till date, Elon Musk is still pumping his money into Tesla by buying Stock of the electric car company almost every six months.
Last week Friday, February 14, the electric car company CEO snapped up 13,037 shares at $767 each, raising his stake in Tesla to 18.5%, or 34.1 million shares, Bloomberg reported, citing a Securities and Exchange Commission filing.
Tesla is the only stock Elon Musk owns as of 2018. “I think probably one of the biggest misunderstandings is that I actually am not an investor,” said Musk during an interview at music and tech conference South by Southwest in March 2018. “Sometimes people think I am an investor or that I invest in things. I actually don’t invest in anything,” he explains. “In fact, the only public security that I own of any kind is Tesla.”
He is arguably one of the best investor of the year 2019, and he seems to be leading the way in 2020 so far. Feel free to share your opinion with us in the comment section, would you also go all-in like the CEO of Tesla on Tesla Stock?.
Laurence Sanderson, A dad of three, described the moment he thought his family were going to be crushed to death by a tree in Storm Dennis but were saved by their Tesla Autopilot, as a miracle.
According to the story shared on Mirror UK, The husband and wife with their three children were driving to Dorset for a holiday when the 400 year old Oak tree strikes them as Storm Dennis battered the country on Saturday evening.
Tesla Autopilot Emergency Break
“Another second and we would have been crushed, as I wouldn’t have been able to react in time. The car undoubtedly saved our lives. We would have been killed without it.” – Lawrence said.
Back in 2017, Tesla introduced an automated emergency braking (AEB) system for all its vehicles that’s powered by its Autopilot technology, which is available even for vehicles whose owners haven’t purchased the actual Autopilot cruise-assist upgrade.
According to Tesla, Automatic Emergency Braking — a new Collision Avoidance Assist feature — is designed to automatically engage the brakes to reduce the impact of an unavoidable frontal collision. Automatic Emergency Braking will stop applying the brakes when you press the accelerator pedal, press the brake pedal, or sharply turn the steering wheel. Automatic Emergency Braking is enabled by default. You can temporarily disable this feature via the AUTOMATIC EMERGENCY BRAKING setting in Controls > Settings > Driver Assistance > COLLISION AVOIDANCE ASSIST. Automatic Emergency Braking will re-enable when you next drive.
He said: ”My wife is a bit battered and has two black eyes, a bump on the head and bruising to her chest but apart from that we escaped unscathed.
”We were driving along and out of the corner of my eye I saw the tree coming down. The car was on Autopilot and the emergency breaking kicked in.
‘It was chaos with smoke coming from the car and people shouting to get out. People from other cars came to help get the kids out. It was an amazing response.
”Power lines came down and there were live wires at the back of the car so we were getting everyone to safety while being careful of them.
”My wife thought she was going to die when she saw the tree fall. I can’t believe we’re all still alive. Elon Musk has done us proud.”
Check out the video here as shared by Mirror UK. >>> VIDEO
The state of New Jersey just launched a $5,000 rebate project for electric vehicle purchases. N.J. has already suspended its 6.625% sales tax project, and the federal government is providing an income tax credit of up to $7,500 depending on battery capacity and model.
New Jersey is now proudly one of the most favorable places in the United States to buy or lease an electric vehicle.
“New Jersey’s rebate is about two-and-a half-times larger than either Pennsylvania or New York.” said Daniel Gatti, a transportation analyst at the nonpartisan Union for Concerned Scientists.
According to whyy.org, the state also plans to soon offer up to $500 back to people who install charging equipment in their home.
This is a wonderful news for all electric car manufacturers that have sales in the state of New Jersey.
UK plans to ban all ICE (Internal Combustion Engine) cars in 2035, YES! All Of Them!.
British prime minister Boris Johnson announced that a ban in the UK on selling diesel and petrol cars would be brought forward from 2040 to 2035 at a launch event for the November UN climate summit (COP26) in Glasgow. The new ban now includes hybrid and plug-in vehicles.
This news broke out last week Wednesday and caught the attention of Tesla CEO Elon Musk.
Residual values for gas/diesel cars will plummet in coming years.
After the UK ICE ban news broke last week, a fan of Elon Musk went ahead and shared is opinion about the news:
“UK to ban all ICE cars from 2035! Many others will follow. #Tesla have proven 100% that EV cars are globally viable & superior. Who in their right mind would buy an ICE after 2025 knowing its residual value will be zilch? Legacy auto: go EV or go BUST!” – sam
This tweet caught the attention of Elon Musk who responded with:
Elon Musk is known to have adviced potential customers to buy Tesla cars because he believes Tesla vehicles are appreciating assets.
In 2012 when Toyota Motors outperformed the Volkswagen Group as the world’s leading car manufacturer, it was a big deal to beat a company that owns at least 10 brands under its umbrella, and Toyota hasn’t looked back since then.
For 2015 alone, Toyota sold 10,15 million cars, with a sales record of 10 million units set for 2014. That wonderful No1 spot that Toyota has been boasting about ever since, seems to be reachable within the next five years by the most talked about electric car maker, Tesla.
Battery Electric Vehicles (Tesla) vs Internal Combustion Engine Vehicles (Toyota)
This is more than becoming the most valuable car maker in the world, it is more about a 100% BEV (battery electric vehicle) maker overtaking the 100% ICE (internal combustion engines) car maker. This is a war of Electric VS Fossil Fuels. This is Tesla Vs Toyota.
Traditional automakers are trained professionals that make their money from fossil fuels. It is going to take them more than starting from scratch, rebuilding their production lines, eliminating the middlemen (car dealerships), creating a new simple distribution network, employing new smart workers that believe in changing the world through electric vehicles, building battery electric vehicles with best technology that turns Tesla’ battery technology into a joke, for them to make a cent from BEVs.
Let’s face it, ICE car makers are the real Fossil Fuel villains. It took Tesla CEO Elon Musk’ strong believe in his vibes, several failures, sleepless nights at gigafactory, several court dates through his problems with SEC (sec security exchange commission), building the best electric cars with the best battery technology that is atleast 5 years ahead of competitions, to make Tesla Inc!. the second most valuable car maker in the world. This are exactly what I believe will take every ICE car makers to go through, before they will overtake Tesla once Tesla becomes the most valuable car maker in the world, within the next five years.
Toyota Motor’s TM shares moved up +1.5% to close the trading session at $143.85 on Feb 6, after it reported improved year-over earnings in third-quarter fiscal 2020 (ended Dec 31, 2019). Tesla Inc!. shares were trading +6.64% at $619.57 per share during after-hours trading after the electric car maker reported fourth quarter earnings in January 29th. The difference is crystal clear in terms of how these companies’ investors are receiving earning news.
According to one Toyota executive recently interviewed by Forbes.com writter “Peter Lyon”, “We might not have an EV in our lineup at this moment, but we have the necessary technology to release one almost immediately when the time is right.” He added that the company has been gauging market reaction to EVs, while it progressively electrified its entire lineup, a task that will be completed by 2025. YES!, 2025 is when Toyota plans to take over the world of EV. Laughable right?.
Tesla’ Battery and Autonomous Technology
Tesla Model S AWD LR has a mind blowing 373mi range, goes from 0-60mph in 2.4s, and cost $74,490 almost half of what Porsche Taycan turbo s cost.
I don’t think anybody knows what Tesla battery technology limit is, or how advance Tesla’ battery technology presently is. I believe Tesla is holding back a chunk of information. Tesla produces its own lithium-ion cylindrical batteries in-house, while others outsource it.
Think about it, the old Tesla model X built over 4 years ago is still years ahead of all the electric vehicles other ICE car makers are putting out there.
Tesla’ Acquisition of Maxwell Technologies
For $218 million, Tesla acquired Maxwell Technologies in February 2019. A deal aimed at helping the electric car maker improve its battery technology significantly and lower the costs of its battery.
“We believe this transaction is in the best interests of Maxwell stockholders and offers investors the opportunity to participate in Tesla’s mission of accelerating the advent of sustainable transport and energy,” Maxwell CEO and President Franz Fink said in a company announcement.
In April 2020, Tesla Battery Day, Tesla is set to present what they have been working on with the Maxwell Technology acquisition. According to Elon Musk on one of his most recent interviews on a podcast with Third Row Tesla, Tesla has a lot of surprises in store for investors on that day.
“Maxwell is a big deal. Elon hints at cost reductions coming, which will be explained at the coming battery day in a few months.”. “Other car companies are not making batteries, modules, or packs.” – Musk
Tesla’s AI Chip Holds the Key to ‘Full Self-Driving’
In April 2020, there will be Tesla Battery day. In April 24 2019, CEO Elon Musk says that in a year more than 1 million Teslas will be capable of driving themselves while a person sleeps in the driver’s seat. We are now two months away from his prediction.
Tesla now has a custom-designed artificial intelligence chip that Tesla has been installing since last year. This custom-designed AI chip will allow Tesla cars to become completely self-driving without human supervision.
According to Tesla: “Our new Full Self-Driving Chip houses 6 billion transistors and is capable of processing up to 2300 frames per second – a 21x improvement over previous gen hardware”
Tesla Charging Network
With a rapidly expanding Supercharger locations placed on well-traveled routes, Tesla can get you anywhere you want to go.
Tesla presently has 1,804 Supercharger Stations with 15,911 Superchargers. That is all you need to know about this section. Arguably the largest electric vehicles charging network by manufacturer, more that all competitions combined.
Tesla has hundreds of Supercharger Stations and Superchargers opening soon.
Tesla Model Y
Tesla Model Y has a 540 km range (WLTP est.), 0-100 km/h acceleration in 3.7 seconds and best-in-class storage.
The Tesla Model Y is an electric compact crossover utility vehicle (CUV) in development by Tesla, Inc. It was unveiled in March 2019, and planned to begin deliveries in March 2020. It is the second vehicle based on the Model 3 sedan platform. Model Y will offer optional third-row seats for a seven-passenger seating capacity.
In November 2019, Tesla announced that the Tesla Model Y would be the first vehicle to be assembled at Giga Berlin.
Tesla reported, during quarter 4, 2019 earnings report on January 29, 2020, that Model Y production has already started in the Fremont factory and that delivery of Model Y will begin in Q1 2020.
Model Y according to Elon Musk, will out-sell Model 3. This alone is a nightmare for all ICE car makers and all the so-called Tesla killers, because Model 3 is years ahead of competition in terms of sales, price, range, durability, autonomous technology, speed, and many more.
The Tesla CyberTruck
The Tesla Cybertruck according to Tesla is a better utility than a truck with more performance than a sport car.
The Tesla Cybertruck is an all-electric, battery-powered, light commercial vehicle in development by Tesla, Inc. Three models have been announced, with range estimates of 250–500 miles and an estimated 0–60 mph time of 2.9–6.5 seconds, depending on the model.
The truck is set to go into production starting in late 2021 and will start at $39,900.
“It’s gonna be awesome, it’s gonna be amazing,” Musk swooned on a 2018 interview with Recode. “This will be heart-stopping. It stops my heart. It’s like, oh, it’s great.”
“A lot of reasons why people buy pickup trucks in the U.S. is because it’s the most badass truck,” he said on the podcast. “Which one’s the toughest truck? What’s tougher than a truck? A tank. A tank from the future.”
Five days after Tesla unveiled its Cybertruck on November 22, the number of preorders hit yet another milestone. Once again taking to Twitter, CEO Elon Musk tweeted “250k,” most likely pointing out the number of preorders the new electric pickup truck has raked in. The preorders come with a $100 USD deposit, which as at then translates to $25 million USD for the company in just five days “with no advertising and no paid endorsement.”. This number might have tripled by now.
Notice we didn’t mention Tesla Energy, Tesla Semi, and Tesla Roadster in this part. We leave those for the second part of this article about how Tesla will be the most valuable car maker in the world in 2015.
In the most recent ARK Invest CEO Catherine Wood’ interview on CNBC Fast Money, Cathie explained why Tesla can hit $7000 in 2024, and also the chances of Tesla Share price surging above $7000 and reaching $15000.
Dear reader, kindly share your opinion with us in the comment section. We are all in this together. Thank you for your time.
The founder and chief executive officer of Tesla Inc., Elon Musk, is fast becoming richer than any other billionaire so far in 2020.
In 2019, Jeff Bezos became the richest man in the world, after adding a whopping $40 billion to his net worth. The 55 year old founder and chief executive officer, and president of Amazon is worth a whopping $131 billion according to 2019 survey by wikipedia.org.
Tesla CEO Elon Musk has added $13.5 billion to his net worth this year by Monday, according to the Bloomberg Billionaires Index. The second-in-line Jeff Bezos, the Amazon.com Inc. CEO, has added $9.05 billion.
The 48-year-old, according to Bloomberg, started the year at number 35 on the list and is now the 22nd richest person in the world with a net worth of $41 billion. That is about a jump of 13 positions in just four weeks. Simply remarkable.
If I were Jeff Bezos, I woud be shitting my pants right now while I wait patiently to be over-throne by the electric car maker, Elon Musk.
The Tesla stock is up a whopping 86% year-till-date at the moment. Do you think Elon Musk will one day become the richest man in the world?. When do you think that will happen if it ever happens?. Please share your view with us in the comment section.