Tesla vs Daimler vs BMW Market Cap and revenue Tesla Market cap is valued at 184.88B with a Revenue of 24.58 billion USD (2019) while Daimler AG, commonly known and referred to as Mercedes, has a Mkt cap of 39.28B with a Revenue of 172.7 billion EUR (2019) and BMW has a Mkt cap of 37.04B with a Revenue: 104.2 billion EUR (2019).
Also Tesla’s new registrations fell 37% in California during the coronavirus pandemic, said today`s report (6/17/2020).
The indicators are showing a huge overbought level.
I`ve entered a short till the Fib 618 level of 614 USD.
Teslamotors
LIT BUY SIGNAL / ABOUT TO EXPLODEThis is my trading idea on Lithium and battery / I have backed this up with fundamentals (supply and demand) and believe that Lithium prices will rise as demand for Lithium rises (think about Tesla Gigafactories alone). I believe greatly in this ETF and have studied it precisely. One of my favourite trades right now.
CNHI Teams with Nikola - 25 Million Share Stake, NEWS There seems to be a disconnect between Nikola, Its Strategic Partners & It's Investors
CNHI owns over 25 million shares of Nikola, more than Worthington Industries. (WOR)
CNHI has over $4 Billion in cash on hand, more than Worthington Industries. (WOR)
CNHI's stake in Nikola is worth over $1.5 Billion dollars or 7.11%, more than Worthington Industries has.
CNHI has a market cap of around 10 Billion while Worthington only has a market cap of around 2 Billion.
CNHI stock price: $7.08, Worthington Ind. stock price: $35.65 - There's a huge disconnect here.
CNHI owns IVECO, one of its subsidiaries working with Nikola on its electric trucks and charging stations.
CNHI was part of the spinoff / merger with Nikola, this is how Nikola was started.
When you search the news on CNH, IVECO & Nikola, you will see more recent releases including the build-out of a charging network for Nikola vehicles. IVECO is building this for Nikola.
Not only are investors buying the wrong stock, as in Worthington Ind.(WOR), in my opinion, the price of CNHI at current levels is an early Christmas Gift.
I feel at minimum, CNHI should be trading upwards of $20.00 a share just because of the 25+ million share stake in Nikola, and this is aside from the partnership they have with Nikola through IVECO.
2 News Release Listed Below - (There are more recent news releases)
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RELEASE 1
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A promising cooperation from the Capital Markets Day
CNH Industrial’s Capital Markets Day brought Nikola’s technological innovation to the new Iveco and Fpt Industrial spin-off. CNH Industrial, in fact, announced its intention to enter into a strategic partnership with the company based in Phoenix to accelerate industry transformation towards emission neutrality of Class 8/Heavy-Duty Trucks in North America and Europe through the adoption of fuel-cell technology.
The words of Nikola and CNH
Trevor Milton, Chief Executive Officer, Nikola Corporation, said: «Nikola has the technology but needs a partner with a European network to achieve it in a timely manner. By bringing CNH Industrial on board, we now have access to manufacturing know-how, purchasing power, validated truck parts, plant engineering and much more».
Gerrit Marx, President Commercial and Specialty Vehicles, CNH Industrial, added: «While today LNG delivers significantly lower well-to-wheel emissions, in the medium to long-term, fuel-cell and BEV technologies will deliver the ultimate goal of zero-emission trucking. With our LNG technology we have proven to be European disruptors, taking the lead in industry transformations including fuel supply and lifecycle ownership».
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RELEASE 2
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Today’s announcement of Nikola Corporation’s intended listing on the NASDAQ Exchange, New York, U.S.A. later this year, through its merger with VectoIQ, is fully supported by CNH Industrial N.V. (NYSE:CNHI / MI:CNHI).
“This is exciting news and another key milestone for our joint project to deliver zero emission Heavy-Duty Trucks and hydrogen infrastructure through a unique business model. Nikola’s NASDAQ listing gives further impetus to the ambitious targets we have set ourselves, to be at the forefront of scalable clean technology investments transforming our businesses and environment alike,” said Hubertus Mühlhäuser, Chief Executive Officer, CNH Industrial.
CNH Industrial entered into a strategic and exclusive Heavy-Duty Truck partnership with Nikola in September 2019 as the lead Series D investor, with a $250 million stake. IVECO and FPT Industrial, the commercial vehicle and powertrain brands of CNH Industrial, recently announced they will manufacture, through their European Joint Venture with Nikola Motor Company, the Nikola TRE, battery electric (BEV) Heavy-Duty Truck, at IVECO’s Ulm, Germany manufacturing site. Start of production is anticipated within the first half of 2021.
“Nikola’s unswerving ambition to comprehensively transform our industry and its environmental footprint represents a great non-cyclical growth path for the business. Listing at NASDAQ, in order to raise funds in today´s market environment, is clear recognition and support of the project’s strategic direction,” said Gerrit Marx, President Commercial and Speciality Vehicles, CNH Industrial.
CNH Industrial N.V. (NYSE: CNHI /MI: CNHI) is a global leader in the capital goods sector with established industrial experience, a wide range of products and a worldwide presence. Each of the individual brands belonging to the Company is a major international force in its specific industrial sector: Case IH, New Holland Agriculture and Steyr for tractors and agricultural machinery; Case and New Holland Construction for earth moving equipment; Iveco for commercial vehicles; Iveco Bus and Heuliez Bus for buses and coaches; Iveco Astra for quarry and construction vehicles; Magirus for firefighting vehicles; Iveco Defence Vehicles for defence and civil protection; and FPT Industrial for engines and transmissions.
Tesla Searching For Support. (TSLA)🚨 Very critical price action move for the next big tesla play.
We did get our breakout to attempt to push up, but fakeouts can happen.
You're going to look for 926-930 to test for support. We are pretty much testing it now!
If this was a fakeout expect a big selloff. You can play aggressive here if you wanted to catch this as a level support only if the Crossover strategy plays and the ema dots line up for a curl back up. Otherwise for a longterm position you will want to look for 1024 to breach to shoot for a new bull trend.
Good luck! 🎲🎲
🥇MLT | MAJOR LEAGUE TRADER
Tesla Analysis .After reaching the Target set Last week for NASDAQ:TSLA , It is now in an important area .
I think It would be interesting before taking any decision to watch how it would act around certain area .
Actually if TSLA succeeds to close soon considerably above the white line at around the 1035 , it would very likely continue up to the 1120-1135 area (Blue Line) .
In fact the 1120-1135 is a key area because once it's broken and closed considerably above , this stock would very likely continue up to around the 1550-1600 area (Blue Rectangle) .
But now as Long as the market doesn't close above the 1035 considerably we might see a return towards the green rectangle .
It is also possible that we close above the white line (1035) and reach the area around the blue line and return back down from there to the green rectangle IF price doesn't succeed to break above the Blue line .
Told You Play $910 Level, Look What Happened. (TSLA)June 7th , we approached a very key level of $910 and I alerted you to play this edge on breakout. Now Tesla has printed around a %12 gain in just 3 days! 💰💰 Congratulations if you played it.
All indicators from the ema dots to the Crossover strategy candles showing strong green pressure.
Best of luck,
🥇MLT | PRO TRADERS
CNHI Owns 7.1% of NIKOLA - Bullish Charts, BUYCNH Industrial ( CNHI ) owns over 7% of NKLA
7.11% = 25,661,449 Shares = Over $2 Billion dollars and growing
I am taking a good guess after researching CNHI, they might be supplying NKLA with powertrain, transmission systems, axles and other parts for the electric / fuel cell vehicles.
The Daily & Weekly charts for CNHI are BULLISH
CNHI is the stock to own along with NKLA especially if you cannot afford to buy NKLA at current levels.
Also, CNHI is the safer bet because the company is profitable "ASIDE FROM" the 7.11% ownership in NKLA
CNHI has a low P/E and a strong balance sheet too.
As NKLA continues to move higher, CNHI's stock price should follow.
At $8.65 cents, what do you have to lose? The positives outweigh any negatives if you buy CNHI
Long!
DISCLAIMER
The Content herein is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice.
#TESLA #TSLA Has Started To Slip As ExpectedTraders, we have been watching tesla for a long time now. Few days ago I notified that there was a short confirmation signal. Now it has started to slip down.
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Traders! if you like my ideas and do take the same trade, please write it in comment so we can manage the trade together.
Disclaimer:
The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only. Not a financial advice or signal. Please make your own independent investment decisions.
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TSLA Truncated COVID 5th followed by ABCTSLA Truncated COVID 5th followed by ABC.
Golden buy zone indicated in green, may be slightly higher if we get another small leg up before correcting.
Correction is imminent in my opinion, it is only delayed because of FED's futile money injections which will make all of us who stay in cash over coming decades A LOT poorer!
TESLA Analysis .I think there are many potential moves for TSLA .
For example ,For people looking for a buy entry , I think it would be important to wait for TSLA to close in an upcoming day considerably above the 840-843 area (green rectangle ) before buying with a first target at around the 874-884 area (the first blue rectangle ) and a potential to go for the 940-970 at the secong blue rectangle If we close in an upcoming day above the first blue rectangle .
TSLA might also break and close significantly below the black line ( trendline ) , it would be interesting then to watch how price would act around the the red rectangle area .
(This is the same as the original post but with a daily timeframe because some might prefer so )
Original Post :
#TESLA #TSLA Today's Close Is ImportantTraders, A close below the trend line can being lower prices for Tesla. So today's close is very important for short entries.
If you found this useful hit the like button, subscribe to my channel and share this with other traders. Comment on the post to let me know what you think of them.
Have a great trading week!
P.S. (This is for education only. Not a financial advice or signal.)
Tesla Bad Candle Patterns and Fibonacci Halfway Back Short Does Fibonacci Retracements work on stocks? Yes, TSLA is in a topping pattern. Bad Candles Patterns & it's holding a daily HWB 50% short. 12 hours at it's short and it can't break it. 745 Target. Last time Tesla couldn't hold break a short, Late Feb - Early March - Target of 532.68 hit after getting no further than the sell zone.