Tesla hitting new high again tonight,.... but will it plunge on MOnday ?

https://www.businesstimes.com.sg/transport/...=social-organic

Will ABNB be the next TSLA... or even coming close to it ?

Well,... off the top of my head, ABNB and TSLA have the same characteristics wrt their respective industries :-

1) they are mkt leaders.
2) they have first-mover advantages in their lines of business and initiatives vs their competitors.
3) they spend their net earnings into actions which garner them higher mkt shares, eg, into mkt expenses.
4) they have strong barriers-to-entry, and this barrier is growing by the day.
they do not give out dividends.

Tq Kelvin,...

I'll reply to comments 4) and 5).

To 4), everytime a new acct-holder or a member opens a new acct OR a house-owner opens a new acct as a host, ABNB becomes stronger and the barrier-to-entry for competitors become higher. The members of ABNB are very active. ABNB is a key pioneer in the renting-out of individual homes as holiday accommodations. This, in itself, provides first-mover advantage,.. and this first-mover advantage usually creates a barrier-of-entry for the first-mover.

I agree the capex of ABNB is low, and there is almost negligible hard assets for a business the size of ABNB. Wouldn't this be a good mix ?

To 5), Looking at a business from the opposite end, a dividend-paying business would also signal business performance has been good. Hence, one way I would judge the performance of a business is from the perspective of whether it is paying out a sustainable dividend or not.

Think I'll reply to 3) too, I would reply to part of your statements. Sometimes,.. it is no more necessary today to look at metrics and company performance figures. IPOs and share price performance are heavily moved by sentiments, and by write-ups of analysts and bloggers out there. Anyway,... having said the last two sentences, ABNB has turned profitable this year.

And TSLA has turned slightly profitable without using carbon credit earnings. The production facilities in Shenzhen are ramping-up. I think there is good progress too with the plant in Germany and the plant in Texas.

Hi Kelvin,.. I edited to add another input here after reading your inputs again : To your 4), to your 2nd and 3rd sentences, if you are relating yearly capex size to barriers-of-entry, I'm afraid though having a big capex size may prevent many companies from being able to oarticipate in an industry, this is no more a strong determining criteria in the new-age digital economy, take for example, in ecommerce.

A small company or even an inidividual can behave as a retailer without a shopfront, hence, entering the retail industry, competing with the likes of big retailers. A website is all the small company or the individual needs.

This post has been edited by Hansel: Jan 2 2021, 03:46 PM

Happy New Year, Kelvin,... good to see you are online too on this second day of a new decade.....

I was speaking more on whether : ABNB's share price will take the trajectory of TSLA's share price in the coming years ? I would hope so,... I, too,... have not entered TSLA all this while till August this year, before it split. All these years, I was happy keeping my USDs in FDs, and I've always been a dividend-investor. Being one,... SG REITs and other divvy-paying stocks have been my forte and have formed the base of my portfolio today.

Well,... your entry price would be much better than mine if you entered in 2018. Congrats,..

Good news,...

https://www.cnbc.com/2021/01/02/tesla-tsla-...androidappshare

I still say it's a good result because the third qtr and fourth qtr produced good results. I believed the second qtr missed because of the US plant being affected by the state imposing shutdown on activities in California.

I read somewhere this year,... Mr Musk himself challenged the city council to arrest him for re-opening the plant earlier than allowed.

All these are viewed as positive by the investor community.

But let's see.

TSLA kept hitting all time highs,...

With a Blue Wave sweep early this morning,... would augur well for TSLA being on the green energy bandwagon...

Bros,.... the thing that has changed in the last two week is : Tesla is also 'a Bitcoin company' today. Hence, the valuation methodology has to chg now.

If you're talking abt valuation for Tesla, then I'm sure you would have read everywhere,... talking abt valuation for Tesla is NOT the right way to go abt this, at least not by using any textbook valuation. No one would buy Tesla if everybody sticks solely to this word in the traditional way as the investment thesis for #TSLA.

Tesla bought 1.5bil worth of Bitcoins,... this pushed it up among the giant companies which are participating in cryptocurrencies. And then Musk himself personally bought Dogecoins, which further reinforced this participation.

Let me share one more thing : Mastercard subsequently 'participated' after Tesla did,... AND Microstrategy participated further by buying more. I kept using the word 'participating' and 'participated',... and participation makes them 'Bitcoin companies' - in apostrophies. This particiption and trust in the value and the future of cryptocurrencies IS THE NEW VALUATION.

Since you jolted my mind, for which I thank you for,... when Tesla 'participated', they also declared they may accept payments in Bitcoins in the near future. This, I'm sure you would agree, adds to the future valuation too.

Yeah bro,... a few miners sto;e electricity in JB to do mining,...

Taken profit today at pre-mkt, 4 pm,....

Tks bro,... today got sometime,... so quickly did the necessary after reading bro Elon's tweet...Sell first before that bro does,....

Tq gentlemen, for your replies,.... Yeah, it has stabilized. I'll have to enter again asap.