Submitted by Bukkakecat t3_zzcce2 in wallstreetbets
tex8222 t1_j2bpp9r wrote
The real proof of direction will be the upcoming quarter. We shall see if Teala continues to post huge percentage increases compared to 2022..
As long as sales continue to increase by 50% or more compared to the same quarter for the prior year, everything will be fine.
AccomplishedLie6360 t1_j2c8nd9 wrote
Agree Q1 forward guidance
Stutteringstew t1_j2clo4i wrote
China plant will be down for an extended time due to the Chinese new year. I believe it is 11 days Jan 20 - 31 which will hurt Q1 numbers. I believe he said he was also going to do layoffs in the beginning of 2023.
tex8222 t1_j2drvvs wrote
A large part Tesla valuation is due to their high growth rate. If growth slows, they become ‘just another car company’ and should be valued accordingly.
AccomplishedLie6360 t1_j2dtb2b wrote
You’re right, I know because we have a Chinese supplier!
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