LTR 2.63% $1.17 liontown resources limited

This whole thread shoould be renamed "All things TESLA" or "My...

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    This whole thread shoould be renamed "All things TESLA" or "My undying love for Tesla"

    On a personal note I find Tesla's SP over valued, given its debt levels and the fact it still has not turned over a profit. The biggest threat to the EV industry going forward IMO is Tesla been unable to meet their interest/debt payments in 2021 and 2022, given Tesla's current dominance of the EV market. Let's hope a few more car manufacturers get their crap together and start more actively producing EVs in the next 2 years. Tesla has US$13 billion in debt, of which about US$4 billion is repayable in 2021 - 2023, notwithstanding its interest bill. It has failed to tun a bottom line profit to date, albeit it is positive EBITDA of late - about US$2 billion in 2019, and was expected to rise in 2020 (note EBITDA is before interest payments and a few other things, obviously noting the definition and then the next question is where is this extra money going to come from for all these proposed Tesla expansions including in Germany - increase in debt).

    Maybe some here need to start having a look at Tesla's financials to understand the above, but for Tesla it is all about growing EV sales, and acheiving the 500,000 units it proposed it would do this year. Personally I am hopeful it will meet sales and profit targets in 2020/21, but if not, well hopefully the adverse impacts on the industry itself will be only felt by Tesla alone is my point should the market need to revalue Tesla downwards, meaning others have taken up the slack in producing the EVs that take us to that growth trajectory of 2000 GWh in 2030.

    On another matter, Musk has had a nice hair transplant by the looks of it as well, judging on those pics on here.

    In line with the objectives of this thread of late, you will find this post has made no comments or views about LTR, which should continue to make yourselves happy, since I did say I will not talk LTR on your threads. To keep in the theme of the thread my comments are Tesla related.

    All IMO
 
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