OPINION
People buy into the leader before they buy into the vision “Elon Musk”.
And you get people to buy into that vision by developing a clear vision of what you want to introduce “accelerate the advent of sustainable transport”.
Next steps include … invite others’ ideas, leverage feedback, communicate progress, tailor your pitch to your audience, create an image of change, show the benefits of your plan and lead your team by example. Tesla is textbook!
Competitive advantages
Tesla’s business model is different from that of most automobile manufacturing companies because it owns the entire supply chain from manufacturing to distribution. In addition by owning the sales channel, Tesla gained an advantage in the speed of its product development and much more…
RECAP OF TESLA’S Q2 2022 PERFORMANCE
Electric-car maker Tesla (NASDAQ: TSLA) reported second-quarter results yesterday afternoon reporting 42% revenue growth. The company ended Q2 with $18.3 billion of cash, cash equivalents, and marketable securities, up from $902 million in the first quarter of 2022.
Profits and cash
The company’s 27% year-over-year increase in vehicle deliveries, the automaker’s net income nearly doubled, increasing from about $1.1 billion in the year-ago quarter to nearly $2.3 billion in the second quarter of 2022. Tesla’s non-GAAP (generally accepted accounting principles) earnings per share jumped 57% year over year to $2.27 — beating the consensus analyst forecast for $1.81. Operating margin improved, increasing from 11% in the year-ago quarter to about 15%.
Perception is reality and the results today are clearly in Tesla’s favor
Tesla is up close 10% on the day, arguably keeping the daily Nasdaq Index positive “wow”. While the company stock currently trades with a P/E of 108 “unheard of during a time of great market valuation corrections” and offers no dividend. Tesla’s stock price clearly demonstrates the company is in control of how the Market works!
Reward from quantitative finance perspective
As there is minimal investor volatility, Its easier for us to track Tesla stocks moving average. A reliable indicator to optimally buy and sell.
