
NASDAQ:TSLA
Both a tech company and a car company and he values it accordingly. Premium car company, valued like a BMW. Problem is that the other bit, including the dream of robotics, is really hard to value. One of the most overvalued stocks in the market.
Lots of hype and speculation. You're playing the greater fool theory. He prefers not to play that type of game. Risk/reward not attractive.
A name that people love to hate. Next year will be important, as will tomorrow with the vote on the $1T package for Musk.
Next year will still be about autonomous vehicles, but that's when it'll start to mass-produce Optimus robots and humanoids. Production estimates keep being raised. His 12-month price target is $550. Once the autonomous robotics start coming out, expects price target to increase. No dividend.
This one's quite the anomaly. Today he heard someone justify the valuation when they looked 10 years into the future (if robotaxis and everything else plays out almost to perfection). He might be too old-school for this, but he can't pay 200x PE or more for this company.
Thinks there's bound to be some disappointment in this week's earnings announcement.
Sales are falling and it is not making much money. No new car models in 5 years although it has some energy storage and services components. There is excitement over its Robo taxis and humanoids but there is a lot of competition all over the world in this. How do you justify a market cap of $1 trillion. If buying, he would consider it a precarious one.
Tesla reported a revenue of 28.1B, which is a 24.9% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction. Gross Profit stood at 5.05B, marking a 30.3% change since the last quarter. Gross profit showcases the efficiency in production and sales processes. Social media mentions are up 8.5% in the past 24h.