Tesla jumps 14% on S&P 500 inclusion speculation Now the 10th by market value

Re:Tesla jumps 14% on S&P 500 inclusion speculation Now the ... by Barrin92 on Monday July 13, 2020 @01:38PM (#23823358)

>Maybe people see a future in Tesla and not as much in Volkswagen, and the price reflects the future not the past?

Tesla's valuation is now three times higher than in April, what exactly is supposed to have happened in the last few months that changed investors minds about the long term future? Had they not turned the car industry on its head in April yet?

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Re:Tesla jumps 14% on S&P 500 inclusion speculation Now the ... by nickik on Monday July 13, 2020 @02:06PM (#23823684)

Tesla lost far less during COVID and has shown to be resistant to even a crazy recession. They showed demand in the worst economic climate in 10+ years. They continue to show very good margin that nobody else can match with EVs, not even close.

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Re:Tesla jumps 14% on S&P 500 inclusion speculation Now the ... by RivieraKid on Monday July 13, 2020 @02:19PM (#23823835)

They were break even in Q1, thanks to $400m of tax credits thanks to tax credits. They had to drop prices in Q2. Deliveries would be down YoY if it wasn't for China.

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Re:Tesla jumps 14% on S&P 500 inclusion speculation Now the ... by nickik on Tuesday July 14, 2020 @04:16PM (#23837239)

So what? All producers dropped prices and offered intensive. All companies try to sell/produce cars in China. Getting extra money for doing nothing is a negative now? Automotive only margins are still good and improving making their outlook for the second half of the year very good.

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