Not even the pandemic has stopped Tesla's run. Yet the governor of California has tried, imposing the closure of the plant, so far the only one in the US. But Elon Musk, furious over 'fascist' bandid not stop. Not even Wall Street analysts have succeeded, who by a large majority had predicted insufficient results to support the record price of the electric car par excellence expected by the army of hedge funds convinced that the race for Tesla, which since 2003 has absorbed 6,78 billion dollars in investments, I was now close to that terminus already touched during the crisis of 2008 or in 2018, when the company had failed to deliver the cars, the Mobil 3, on schedule.
But again Elon Musk, the South African pyrotechnician and controversial genius who at the age of 12 patented the software of a video game (still in production) has defeated the owls. On the contrary, this time the success is truly historic, so it will probably be the response of Wall Street which, after Wednesday's Stock Exchange, said goodbye in numbers with a 5 percent increase. For multiple reasons. Here they are.
– Tesla has closed for the fourth time in a row the quarter accounts in positive ground: a profit of 104 million dollars, or 2,18 dollars per share against 408 million losses 12 months ago and an average forecast of a loss of 2 cents per stock.
– The result allows Tesla to aim for the inclusion soon in the S&P 500 index, which will allow for buying by index funds, ensuring further progress in the listing.
– Tesla is so destined to exceed the threshold of 300 billion of dollars of value. The house alone is already worth more than the entire German, French and Detroit big three cars (including FCA).
– To outperform the competition, Tesla was also able to count on what Alyssa Altman of Publicis has defined as its “secret weapon”: proceeds from the sale of green credits to other car manufacturers with C02 emissions problems into the atmosphere, a sort of green benefit that guaranteed the beauty of 428 million dollars. Among the buyers there will certainly be Fiat Chrysler, the first one a year ago to pay Elon Musk the license to pollute.
– It is not the only sign of the technological and, we could say, conceptual superiority of Tesla's production that Elon Misk does not include among the car manufacturers but in the category of software creators, capable of aiming at truly revolutionary mobility objectives in the future. Within a year, Musk guarantees, the "truly self-sufficient" self-driving car will be born.
– But even this will be only one stage of the revolution. Soon, the billionaire inventor guarantees, “the new Teslas they will be worth five times as much those of today, so much so that every owner will be able to make money by renting vehicles when he is not using them”.
– The markets have learned to don't underestimate Musk's words. But on one point the skeptics are clearly prevalent: in the current state of knowledge, it seems impossible that a fleet of robotic axis, partly due to the technical complications, a lot due to the constraints set by the regulators.
– Given the premises, many believe that the Tesla stock, grown three-fold year-to-datestill has room for growth. On the occasion of the quarterly Musk announced the forthcoming construction of a second factory in the USA in Austin, which will be added to those in California, Berlin and Shanghai as well as the plant in Nevada in a joint venture with Panasonic where the group's batteries are born, also here waiting for a new plant. The Austin factory, Musk assures, "will be an ecological paradise on the Colorado River where the new cyber trucks will be born". It will not be, if necessary, for the workers whose pay Musk has cut to speed up the arrival of profits as requested by Wall Street. But, you know, nobody is perfect.
