- In my last Tesla, Inc. analysis, I managed to forget about the basics of the auto industry.
- To make mistake more painful, Charles Munger, a man I loyally follow, has pointed out these basics plainly.
- TSLA’s recent loss of market share in Europe is likely to continue and/or occur elsewhere too for many reasons.
- The top reasons on my list are price/cost pressure and technological advancements from other competitors.
- The margin expansion of BYD and its latest ultra-fast charging system are good examples.
- I am Envision Research. I hold a Masters in Quant Investment. I lead the investing group Envision Early Retirement where we offer proven solutions to generate both high income & high growth with isolated risks.
TSLA stock and my Munger lesson
The goal of this article is twofold. First, I will reexamine my earlier buy rating on Tesla, Inc. (NASDAQ:TSLA) stock and reflect on the mistake I’ve made there. Second, I will analyze. As you can tell, our core style is to provide actionable and unambiguous ideas from our independent research. If your share this investment style, check out Envision Early Retirement. It provides at least 1x in-depth articles per week on such ideas. We have helped our members not only to beat S&P 500 but also avoid heavy drawdowns despite the extreme volatilities in BOTH the equity AND bond market.
Envision Research, aka Lucas Ma, has over 15+ years of investment experience and holds a Masters with in Quantitative Investment and a PhD in Mechanical Engineering with a focus on renewable energy, both from Stanford University. He also has 30+ years of hands-on experience in high-tech R&D and consulting, housing sector, credit sector, and actual portfolio management. He leads the investing group Envision Early Retirement along with Sensor Unlimited where they offer proven solutions to generate both high income and high growth with isolated risks through dynamic asset allocation. Features include: two model portfolios – one for short-term survival/withdrawal and one for aggressive long-term growth, direct access via chat to discuss ideas, monthly updates on all holdings, tax discussions, and ticker critiques by request. Learn more.
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