Tag: 2022
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US December unemployment down to 3.5% and jobs increased 223,000 for December.
December jobs report showed continued strength in labor market. Unemployment is lowered at 3.5% compared to a revised 3.6% in November. For the month 223,000 jobs were added. A strong labor report shows economy remain strong in the face of increased interest rates. One negative for a strong labor is wages remain tight and businesses…
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Tesla delivers 405,278 and produced 439,701 in Q4 2022 and stock dropped -15.08 -12.24% to finish at 108.10.
In a January 2nd 2023 press release on Business Wire, Tesla announced its Q4 delivery and production numbers. For last quarter of 2023, it had delivered 405,273 cars and produced 439,701. Annually for 2022, it delivered a total of 1.31 million, a growth of 40% YoY and produced 1.37 million cars or 47% YoY. The…
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Tesla tweets 2022 accomplishments and finished $121.81 up 9.11 (+8.08%) on 2nd to last day of 2022
After several days of relentless daily declines, Tesla finishes the 2nd to last trading day of 2022 at $121.81 +9.11 +8.08% on heavy volume of 206,908,242. It finished with PE (TTM) of 37.53 and Forward PE (NTM) 23.36 according to cnbc.com. The PEG is 0.9x and 1 year EPS growth rate is 40.1%. With EV…
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November 2022 jobs report showed 263,000 new jobs and 3.7% unemployment
The Bureau of Labor Statistics reported the US economy increased jobs by 263,000 and unemployment is stable at 3.7% December 2 2022. Most of the increases come from leisure and hospitality, health care, and government. Retail, transportation, warehousing employment were down. Unemployment remained low at 3.7% or 6.0 million people. Stocks are down on the…
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Tesla’s intrinsic value using discount cash flow analysis Q3 2022
This is not financial advice. Speak with your financial advisor before making any investments. Assumptions will be made about Tesla’s cash flow for the next ten years. There is no assurance it will materialize. Discount cash flow analysis is one way to predict the value of an asset. Inputs to the model TTM (trailing twelve…
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Tesla Model Y demand strong in China, Germany, UK and US for September 2022.
Despite supply chain challenges, Covid restrictions in China, huge stock market declines, continued conflict in Ukraine, the Tesla Model Y sales remain strong in many parts of the world for the month of September 2022. In October 5 2022, UK’s SMMT reported The Tesla Model Y is 2nd best selling car in UK for the…