The Tesla share price is falling. Should I buy now?

first_img Alan Oscroft | Thursday, 13th May, 2021 | More on: TSLA “This Stock Could Be Like Buying Amazon in 1997” Alan Oscroft has no position in any of the shares mentioned. The Motley Fool UK owns shares of and has recommended Apple and Tesla and recommends the following options: short March 2023 $130 calls on Apple and long March 2023 $120 calls on Apple. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Enter Your Email Address Image source: Tesla I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool.center_img Our 6 ‘Best Buys Now’ Shares The Tesla share price is falling. Should I buy now? Simply click below to discover how you can take advantage of this. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Tesla (NASDAQ: TSLA) and its charismatic (and occasionally controversial) CEO are in the news again. On Wednesday, Elon Musk announced in a tweet that Tesla will no longer accept Bitcoin in payment for its vehicles. The Tesla share price dipped on the news, while Bitcoin dropped more than 10%.The company had said in March that it would accept the cryptocurrency, to the despair of environmentalists. The thing with cryptocurrencies is that mining them consumes huge amounts of energy. And that’s hardly in keeping with the ideals of a company pioneering electric vehicles and helping wean us off our fossil fuel dependency.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…Investors have done well with Tesla shares in recent years, and they’ve been pretty much immune to the Covid-19 crash too. Over the past two years, the Tesla share price has spiked over 1,000%. That’s a period when America’s most buoyant index, the NASDAQ, has gained just 69%.Tesla share price retreatEnthusiasm for Tesla shares has been waning a little in recent months though. From an all-time high of $900 in January, we’ve seen a 34% fall. Why is that? It could be something to do with the fundamental valuation of Tesla shares. On a trailing earnings basis, Tesla is on a P/E of, erm, gulp, 590.Still, even looking at that current breathtaking valuation, I’m reminded of my previous failure to make big money on a technology high-flyer. I’m talking about Apple, whose computers I’ve used since long before iPhones were invented. Many times I’ve look at Apple, and declined to buy for one reason. Though I loved the products and the company, I kept thinking the shares were overvalued. Of course, the price just kept on going up, and up, and up… So is the Tesla share price too high or does it have further to go?Well, that P/E multiple is based on last year’s earnings. And this year’s Q1 results show sales are soaring. Deliveries more than doubled from the same period a year ago, leading to a 74% jump in revenue. Non-GAAP earnings per share rose more modestly, from 79 cents to 93 cents. But why have Tesla shares gone into decline?The Bitcoin effectAs my Motley Fool colleague Edward Sheldon pointed out, Tesla’s figures were boosted by sales of regulatory credits. The company also got a lift from $101m in Bitcoin sales. So are we looking at an electric vehicle pioneer, or a Bitcoin speculator? Elon Musk’s apparent attachment to cryptocurrency suggests at least some of the latter, and a lot of investors will surely see that as a risk too far. It must surely contribute to the Tesla share price dip.I really am impressed by what Tesla has achieved so far. I’m also a big fan of Elon Musk personally. But I’m reminded of historical transport technology progress. It wasn’t the earlier pioneers of aviation that made the big profits. And Warren Buffett famously said of the early motor car pioneers that investors would have been better off shorting horses.So no, I won’t buy Tesla, because I see the risks as too much for my likely potential profits. But I do know I might be missing another Apple. See all posts by Alan Oscroftlast_img read more

COVID-19 strike wave enters third month

first_imgWorkers at 50 locations across Florida struck McDonald’s, Starbucks and other fast-food restaurants on May 6. What united them was the failure of these multibillion-dollar enterprises to correct hazardous working conditions that put workers at risk of contracting COVID-19. Some of these McDonald’s workers are also part of a statewide class action lawsuit over widespread sexual harassment.Striking New Orleans sanitation workers. Credit: New Orleans Hospitality Workers AllianceStarbucks and McDonald’s both made billions in profits last year by paying low wages; yet they refuse to spend the funds needed to keep workers safe. A Starbucks worker in Orlando described a company video showing how to make a mask from a coffee filter. At a McDonald’s in the same, tourism-dependent city, workers were told to not wear masks at all, as they would frighten customers. (Orlando Sentinel, May 6)These workers, who risked being disciplined or even fired for striking, are not isolated. All over the country, multibillion-dollar companies are subjecting employees to unsafe conditions, prompting roughly 200 walkouts, sick-outs, sit-ins and job site demonstrations in the past two months. In addition to the strikes, online campaigns — such as the petition signed by over 1,500 autoworkers demanding all workers be tested before their plants reopen — are protesting bosses’ profits-before-people stance.This incredible wave of resistance has drawn in diverse sectors of the working class, including the public sector, retail, manufacturing, meatpacking, health care, construction, mass transit, trucking and education.Since the coordinated May Day walkout of Amazon, Target, WalMart and Whole Foods workers, highlights include an at-home sick-out May 6-8 by New York University graduate student-workers; a strike in a Naches, Wash., fruit packing warehouse May 7; and truckers in a number of cities staging slowdowns May 2. Issues include falling incomes as well as unsafe working conditions.On May 5, trash collectors known as “hoppers” went on strike in New Orleans to demand protective gear, safe conditions, higher pay and hazard pay for working during the pandemic. They currently work for a private temporary agency PeopleReady, and only make $10.25 an hour.PeopleReady fired the strikers on May 6 and replaced them with prisoners on work release, employed by Metro Services, who earn 13 percent of the hoppers’ wages. The prisoners face being locked up full-time again and exposed to a higher risk of contracting COVID-19 if they complain about conditions.The strike continues, with the added demand to rehire the fired hoppers.Death toll rises, so does consciousnessThe death toll among “essential” workers — a large number of them workers of color — continues to rise.The capitalists and their friends in the White House and in statehouses are unmoved. Governors are pushing, some more quickly than others, to “reopen the economy.” Workers who are recalled from layoff but do not go back to work – because they fear for their health – can lose unemployment benefits. That’s if they were lucky enough to get through the red tape at overburdened state systems and start collecting benefits in the first place.President Trump, who opted against invoking the Defense Production Act to force manufacturing companies to produce masks and ventilators, is instead using the act to force meatpacking and poultry processing workers back into deadly plants.Workers are fighting back, as exemplified by the strike over safety at the House of Raeford poultry plant in West Columbia, S.C., where the company has already fired 12 workers for striking.The president is also using the pandemic crisis to engage in union busting via his appointees to the National Labor Relations Board. The board has delayed union representation elections sought by nurses in North Carolina and Colorado, citing virus safety concerns. The delays were requested by the country’s largest hospital corporation, HCA Healthcare, in Asheville, N.C., and by Denver Health in Denver, Colo., giving them more time to propagandize and intimidate workers into rejecting the union.Nevertheless, union organizing is gaining momentum because of the life-threatening conditions workers are being subjected to in a range of occupations.The pandemic crisis has wrecked any illusions that the capitalist system can be reformed.The ruling class, which always puts profits before people and the environment, is the enemy of all workers. Now, not only union consciousness but revolutionary consciousness is on the upswing.FacebookTwitterWhatsAppEmailPrintMoreShare thisFacebookTwitterWhatsAppEmailPrintMoreShare thislast_img read more

Dates Set for London’s Dreamgirls, Starring Amber Riley

first_img View Comments And we are telling you that we’re going to London this winter! Dates have been announced for the previously reported West End debut of Amber Riley in Dreamgirls. The production will begin performances on November 19 and officially open on December 14 at the Savoy Theatre. Casey Nicholaw, currently represented on Broadway by The Book of Mormon, Aladdin and Something Rotten!, will direct and choreograph. Further casting will be announced later.Riley is set to take on the role of Effie White. She first came to national attention as Mercedes Jones on Fox’s Glee, a role that gave her the chance to sing Effie’s Dreamgirls showstopper, “And I Am Telling You (I’m Not Going).” She recently played Addaperle in the hit NBC telecast The Wiz Live! and was also seen in Hair at the Hollywood Bowl and at City Center in Cotton Club Parade, although she didn’t stay with the show when it came to Broadway under the title After Midnight. In 2013, she won the 17th season of Dancing with the Stars, dancing alongside Derek Hough.Featuring music by Henry Krieger and book and lyrics by Tom Eyen, Dreamgirls tells the story of an all-girl singing group that closely resembles the Supremes. With director/choreographer Michael Bennett at the helm, the original 1981 staging was a Broadway sensation, winning a Tony Award for powerful newcomer Jennifer Holliday in the role of Effie. After an initial run of 1521 performances, the show closed in 1985, only to return to Broadway two years later with Tony winner Lillias White as Effie.The 2006 film version of Dreamgirls, directed by Bill Condon, made over $100 million at the box office and won a Golden Globe Award for Best Motion Picture – Comedy or Musical as well as an Academy Award for The Color Purple star Jennifer Hudson in the role of Effie.Want a sneak peek of Riley as Effie? Check out her Dreamgirls performance from Season One of Glee below! Amber Riley(Photo by Blair Caldwell)last_img read more

Ohio Crop Progress — August 27, 2018

first_imgShare Facebook Twitter Google + LinkedIn Pinterest Spotty Rains ContinueWarm and wet weather continued for most of the State, according to Cheryl Turner, State Statistician, USDA, NASS, Ohio Field Office. There were 4.2 days suitable for fieldwork in Ohio during the week ending August 19. Corn progress remained well ahead of the 5-year average for dough and dent stages. Soybean condition improved slightly to 75 percent good to excellent. Field work included making hay, tilling fields, and hauling manure. Livestock reportedly benefited from cooler temperatures in the mornings and improved pasture conditions. Oats were nearly all harvested by the end of the week.Click here to read the full reportlast_img

Books + Online Video = Vooks: Watchable, Readable, & Very Cool

first_imgTags:#web jolie odell Another one of the Vooks we saw was a cookbook – another product type that meshes very well with the hybrid book/video offering.We see vooks being awesome for many verticals. Celebrity-penned tomes interspersed with video interviews or anecdotes, how-to books with video tutorials, biographies, et cetera. But how does the format work for literary fiction, pop attorney dramas, or romance? Time and experimentation will tell.Still, for nonfiction works, we think that ebook formats that can integrate intelligently with online video are where it’s at, and we applaud Vook’s direction. If they can just get the licenses to splice The Princess Bride film footage with the ebook text, we’ll personally invest our two cents. Why Tech Companies Need Simpler Terms of Servic… Related Posts A Web Developer’s New Best Friend is the AI Wai… 8 Best WordPress Hosting Solutions on the Market Top Reasons to Go With Managed WordPress Hosting Vook is a new company that’s come up with a method for blending text and premium video to create an interesting mobile multimedia experience around popular literature.It combines the (relatively) old skool readability of a Kindle with the engagement of a YouTube series, all wrapped in the delicious flavor of a usable, interactive UI for web users and iFanboys alike.Of course, no experiment involving new media and books would be complete without reference to our dear friend Mr. Gary Vaynerchuk, whose new title, Crush It!, was just published in every imaginable format, including this one. And as skeptical as we were about the marriage of books and video, at least for this author and product, the format really seems to work.last_img read more

Film-maker Shirish Kunder booked for making remarks against Adityanath

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West Bengal moves SC against Aadhaar

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A SET OF SIX – VOLUME SEVEN

first_imgFriday June 22, 2007: Alice Springs Grand Finals Touch West web-site: www.touchwest.com.auNORTHERN TERRITORY (NT)Play: #4Gove Touch Wet Season Grand FinalsGove Touch began its season in March with nine men’s teams and seven women’s teams. Towards the end of the season both the men and women’s competitions were split into two divisions – Men’s A, Men’s B and Women’s A, Women’s B. The finals were held on Friday June 15, 2007, at the Gove Touch Fields.Men’s A: Kamasutra def Who U Men’s B: Delta Reef def GIS  Women’s A: Leo’s Tigers def Big Mamma’sWomen’s B: Exterminators def Lookers  Kelly Roos was awarded ‘Best and Fairest’ in the women’s category while Daniel Bromot was the ‘Best and Fairest’ of the men’s division. The Gove Touch Dry season Mixed Competition starts in August, 2007.Other events: In the A-grade mixed final, Nagle College and Roulette Cinema were locked at 5-5 at the end of regular time. The youngsters from Nagle (Bairnsdale) won in a drop off to secure the title. The Mixed B final was won by Sale’s local heroes, Top Draw Krills.The Touch Football Victoria web-site:www.victouch.com.auAUSTRALIAN CAPTIAL TERRITORY (ACT) PLAY: #6ACT Primary Schools ChampionshipsThis Friday June 22, 2007, the best ACT junior Touch Footballers will take the field for the ACT Primary Schools Championships. Teams representing the seven Canberra regions will compete in Boys and Girls Divisions. The tournament will be run by ACT Touch Game Development Trainees Adam Raptis and Tim Arnold who are undertaking internships with ACT Touch as part of the their studies at the University of Canberra.ACT Game Development Officer, Chris Tarlinton is expecting a strong showing from all teams as each region has undertaken trials to select the best players for the Championships. The ACT selectors will be casting their eyes over the talent with a view to selecting the ACT Under-12s representative sides for the National Primary Championships in Melbourne in October.The action gets underway from 9am at the Deakin Playing Fields.Other events:ACT Touch continues to work with the ACT Government and other ACT sporting bodies to plan and manage the drought issues currently threatening to close ovals in Canberra region.The ACT Touch Association web-site: www.acttouch.com.auThat’s it for this week’s edition of A Set of Six.Be sure to check out all the latest news in Touch Football this week by going to each State’s web-site for further information. Sale Association held its Winter Grand Finals. Thursday June 21, 2007: Darwin Touch Mixed Grand Finals The Touch Football Northern Territory web-site: www.touchnt.com.au VICTORIA (VIC)Play: #5Victorian Junior Teams primed for Queensland Junior State CupThe Victorian Under-12, 15, and 18 representative teams are putting in final preparations for the Queensland Junior State Cup tournament on the Sunshine Coast from July 5 – 8, 2007.The Victorian teams that are travelling north for the tournament are looking forward to broadening their exposure to the game of Touch Football. It’s the start of a new three- year program aimed at developing and strengthening the skills and talent of junior Touch players based in Victoria as well as exposing them to a new level of competition.  The five teams will be managed by TFA Victoria Game Development officer Carly Goodrich, and a panel of experienced coaches.These coaches include Miles Davine, Mick Carter, Leah Percy, Hamish McLean and John Katal.It will also be the first ever appearance of Victoria in the under-12 age group in any Touch Football competition in Australia – a positive milestone in the development of Touch in Victoria.                                          Other events: Game Development Officer Glen Richardson is currently visiting Weipa presenting Referee and Coaching Courses Friday June 22, 2007: Darwin Touch Men’s and Women’s Grand Finals Touch Football Australia brings you this rapid fire “Set of Six” news ‘plays’ from around the Country. TFA’s Media Scholarship Holder Henry Holland and TFA’s National Media Coordinator Karley Banks will bring you up to date every week with a selection of six ‘plays’ on the latest news, views, and events nationally.Welcome to Touch Football Australia’s A Set of Six – volume 7. QUEENSLAND (QLD)                                                                                   Play: #1 Queensland Touch and Sporting Wheelies WorkshopsOn Tuesday June 19, 2007, Queensland Touch took part in the first of two ‘No Limits Sports Expos’. The workshops are run conjunction with Lifestream and the Sporting Wheelies – organisations that work with disabled children in sport. The aim of the expos is to assess students from special education units and schools for suitability to participate in mainstream sport. Skills are tested through drills such as catching, passing and scoring. The participants’ motor skills are monitored, as is their ability to learn the rules of the game. Tuesday’s expo was held for 12 schools and units from the Sunshine Coast. 90 children were tested with approximately 80% judged as suitable for mainstream sport. On Thursday June 21, 2007, the second expo will be held for seven schools and units in the Logan and Beenleigh regions. 75 kids are expected to participate. Other events:  Touch Football Queensland web-site: www.qldtouch.com.auSOUTH AUSTRALIA (SA) Play: #2 Botanics Touch Club Winter Competition The Botanics Touch Club winter competition will be played at Campbelltown Memorial Oval on the corner of Darley and Lower N.E. Roads, Campbelltown, commencing June 18, 2007.The competition format will be 2 x 25min games per team per week over the course of six weeks with all finals to be conducted on the seventh week.The competition dates are as follows:June 18, 25 July 2, 9, 16, 23 Finals July 30.Games will be played at 6.30pm, 7pm, 7.30pm, 8pm and 8.30pm if required.Other events:During the SAPSASA championships over 80 children were invited to the Under-12 State Trials to run on June 23 – 24, 2007, at the Citytouch Grounds in Eastwood. Announcement of the coaches will occur this week.Touch Football South Australia web-site: www.touchsa.com.auWESTERN AUSTRALIA (WA) Play: # 3Training camp for WA Under-18 PlayersOn the weekend 23 – 24 June, 2007, the first of two training camps will take place for all junior Metropolitan Touch Football players interested in taking part in the Under-18 National Championships, in Coffs Harbour, New South Wales, from 17 – 20 September, 2007.The camp is part of an open selection process and will be conducted at the Northern Districts Touch Association in Doubleview, Perth. 30 – 40 players are expected at the camp, which will be supervised by Toby Hohapata (WA Under-18 Boys’ Coach), Russell Moeahu (WA Under-18 Boys’ Manager), Shelley Matcham (WA Under-18 Girls’ Coach and current Australian Women’s Open representative), Nelly Hokianga (WA Under-18 Girls’ Assistant Coach) and Connie Jackaman (WA Under-18 Girls’ Manager).The players will be educated on fitness, nutrition, and recovery, as well as participating in general ball skill drills and game play. Last year WA wasn’t able to field teams in the Under-18 National Championships. This year, a boys and girls team will contest the championships and is expected to make their presence felt. Sharron Wong, Jenaya Quan and Blane Edwards are all National Youth Squad members and will lead the sides strongly. The training camp will be the first opportunity for players from the south to stake their claim to represent their State. On the weekend of June 2 – 3, 2007, players from the Northwest region got the opportunity to impress at a junior development camp in Broome. The second and final Metropolitan camp will be held in July and will include invited players from the Northwest region.Other events: WA State teams continue to train for the upcoming Barbarians Cup on 13 – 14 July, 2007. Sunday June 24, 2007: 74 teams to compete in the last leg of the Delfin TRI-Series, the Junior Sharks Cup                                         last_img read more

Gene Smith Big Ten no longer pursuing further expansion

The Big Ten is finished with expansion — for now. In an exclusive interview with The Lantern earlier this month, Ohio State athletic director Gene Smith said the conference would only consider adding schools that contacted the league, not vice versa. “We’re done with it,” Smith said. “We’re finished. The only thing that would cause us to look at it further is if someone contacted us. So, we’re not going to go out and say we’re thinking about expansion.” Although the Big Ten won’t aggressively pursue potential additions, Smith said he expects other universities to seek inclusion into the conference. “We think there are some schools that are going to try to talk to some conferences,” he said. “But we’re not actively out looking at expansion. After our October meetings, that’s going to be the last we talk about it.” In October 2009, the league announced its intentions to explore expansion during a 12- to 18-month period. Nebraska left the Big 12 to join the Big Ten on June 12, 2010. Smith said the league will continue to operate under its original timeline, and once details about scheduling and the conference-title game are hammered out in next week’s meetings, expansion will be a topic of the past. That is, unless another school wants in. The right schools could add to the quality of the Big Ten Network, which Smith said has driven the conference’s pursuit of expansion. According to a report by the Associated Press earlier this month, the network turned a 30 percent profit last year. “The growth of the Big Ten Network was significantly faster than any of us projected,” Smith said. “It’s highly profitable, beyond what we thought at this particular time. We knew it was going to be successful. … But with that growth you have to sit back and say, ‘OK, how do we continue that growth? What things can we add to it?’” With the advent of 3-D TV and incessant improvements being made to high-definition quality, the TV market has emerged as college football’s most lucrative outlet. Smith said athletic directors and presidents are channeling their efforts toward maximizing TV’s role in their respective conferences. Adding a 12th team allowed the Big Ten to institute a conference championship game beginning next year, a national spectacle that should generate about $15 million to $20 million, Smith said. “As television changes, and all the mediums change for communication, the conferences have to shift in order to maximize revenue opportunities off of them,” Smith said. “When you get down to it, it’s about more inventory, more games, so that you can provide the television carrier with more product.” read more

Tourism Environmental Awareness Month Launched

first_imgFacebook Twitter Google+LinkedInPinterestWhatsApp Robust discussions mounting ahead of Public Meeting on Building Height increase Recommended for you Related Items:gus lightbourne gym, kpmp, national tourism symposium, prc holder, survey, Tourism Environmental Awareness Month, turks and caicos islanders, work permit holder Facebook Twitter Google+LinkedInPinterestWhatsAppProvidenciales, 3 Nov 2014 – Tourism Environmental Awareness Month launched this morning at the TCI Tourist Board with the activities for the month revealed… this as the National Tourism Strategy team is ready for a public meeting tonight in Provo at the Gus Lightbourne Gym. KPMG was over the weekend able to share that some 540 residents have taken the survey with the majority of those filling in the 20 questions selecting the ‘other’ category at 34% … followed by Turks and Caicos Islanders with 21% of those participating and work permit holders right behind at 20%. Of the 540 participants, 11% are PRC holders, 9% are naturalized citizens and 5% of those taking the survey checked off that they are resident in the islands without the right to work. You can still fill in the questionnaire online, go to MagneticMediaTV.com… still we are all encouraged to turn up tonight for the meeting at 6 at the Gus Lightbourne Gym. Tomorrow the country’s National Tourism Symposium opens at Beaches Resort Villages and Spa. Town Hall Meeting for Building Heights at gym later today Science Fair open to public viewing by noonlast_img read more