In one earnings call Tesla removed itself from the Mag 7, says Jim Cramer
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- Опубликовано: 24 янв 2024
- 'Mad Money' host Jim Cramer explains why he thinks Tesla should be removed from the Magnificent 7. Sign up and learn more about the CNBC Investing Club with Jim Cramer: cnb.cx/4985hN8. For access to live and exclusive video from CNBC subscribe to CNBC PRO: cnb.cx/2NGeIvi
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You work for 40yrs to have $1m in your retirement, Meanwhile some people are putting just $10k in a meme coin for just few months and now they are multi millionaires. I pray that anyone who reads this will be successful in life
I will love to be your friend dear as well as sharing some i dears which you're benefiting.
Okay but is not luck, is all about having good investment plans most of all trading with a trust worthy expert.
Watching professional trading videos and most especially connecting with the right person the digital world is full of in unreal people I met some of them during my success journey. I felt same way when I started especially when you use demo account you might be winning but when you put in real money you start losing I understand and I pass through it all. I’m very happy I’m profitable now.
Currently i can attest to the fact that I
make $18,300 weekly through trading
which is more better then my monthly salary job. Trading becomes my passive
income.
I can relate to all you said becaus am facing similar thing right now.
Congratulations I wish you more success.
For me I am still in the fear zone, I've always been scared of loosing my money but love to see people share such words of encouragement through their earnings.
congratulations.
On an adjusted basis, Tesla earned 71 cents per share in the fourth quarter, missing an average estimate from analysts at 73 cents on a 3% climb in revenue . Not a bad one for investment if you ask me.
Shows TSLA still on top of the investment game. I don't know why people are panicking.
With world markets tumbling, inflation soaring, the Fed imposing large interest-rate hikes, the treasury yields rising rapidly, markets manipulations, and many other factors makes me wonder if people still make profits from all these investing BS.
You are clearly missing out. Look at the numbers TSLA is doing on the average. also check most AI stocks. With the right steps & market study, one can make so much from the market right now. Believe me or not as a relatively inexperienced person who knows next to nothing, my net-profit is well over 80% just in a couple of months.
Very encouraging one. Wonder how folks like you get it right. Do you use spreadsheets
Spreadsheets have always seemed incredibly time-consuming and stressful to me. I mirror Debra Marie Styner's positions in real-time and I prefer it because it's very very transparent and everything is automated I don't have to be actively involved. Works magic for me.
Wow I never actually agree with most of Cramers takes but I feel like he nailed it with this
Not to mention Americans don’t want evs. Future growth will be limited for all manufacturers
Hey kramer how did you didi investment perform?
Totally agree with Jim on this one. Tsla needs to figure out and broadened out their product lines rather than just EV. The ev market is too limited and is hard to access to many level of people. Unlike computer, cellphone, internet, chips, and streaming services, those markets are much more demanded and much more accessible by any level of people regardless age, financial status and social status( well chips are kinda part of technology elements so they are highly demanded in many industries). These products are daily demanded for all over the world. Tsla fortunate to have massive cash in hand and if they would be more creative and not focus on only high class customers, they could do best out there.
Reverse Cramer anyone?
So today, shows the “Magnificent 7” ride again. 😂
Tesla will be back, stronger than ever!!!
Started today. 😁
Kramer is so clueless
Hes not wrong, if the 25% tarrif goes away even for just ev cars tesla is screwed. You think theres a reason why domestics are giving up on EV.
So when China sells EVs in the US. You think domestic automakers won’t be more screwed? It will be Tesla and BYD, the EV giants in the US. Everyone else, bye, bye.
Absolutely. Here in Canada, we are already getting the Chinese cars - great for consumers. As for the Detroit 3, GM Canada employs fewer Canadians than our local (rural) school district. GM shut down the Pickup plant, moving Silverados/Sierras to Mexico - paying workers LESS THAN 10 BUCKS A DAY. See the New York Times expose'. Those workers can't feed their families. Disgusting...
@@FrunkensteinVonZipperneck yup and they'll sell it to the public as affordable EVs
That tariff will never go away. Too many lobbyists and union workers. The Fed will always protect US auto manufacturing. Now if the Chinese want to bring their manufacturing state side then that's a different story.
@@user-ow1bn6qv8qyou didn't read what I said. EV ONLY. 25% will still be on icbm. That way they can claim the green agenda while preserving UAW face because domestics are moving away from EV. Read the tea leaves
If Cramer saiid it….
Do the opposite 🤝🏾
@@D_Whit3 I never lose 😝
@@memecat84 😅
I'm in the view before removed category now.
Here is the truth about tesla.
1. Its success is based on China. 60% of Tesla is in China. China's market is collapsing as its population collapses, and manufacturers are de-risking their China exposure. Labor costs are increasing dramatically in China as the population collapses, making a factory based economic system untenable, as well as higher production costs at Tesla's factory.
Buffet backed BYD is dominating Tesla in the EV space in China.
2. EV market is oversupplied, margins are thinning.
3. Auto market is oversupplied.
4. The only justification for growth in stock price is massive growth in revenue.
5. Revenue projected to fall for the next year and has been stagnant for the past 1.5 years.
6. FSD and AI story will not play out for at least 2 years.
7. If China attacks Taiwan and there is a trade war it will not look good for Tesla having the majority of their company's revenue in China.
8. If the supply chain breaks down in a war over Taiwan, Tesla will be hit hard like when there was a chip shortage.
9. Hertz selling the majority of its Tesla fleet due to problems with consumer demand.
10. High interest rates, that are expected to persist until summer, are making it difficult for consumers to justify the purchase.
11. Low gas prices make buying an EV less attractive, and Biden is releasing more and more oil and gas from reserve to push the price of gas down to get reelected.
Save your money. Thank me later.
The little voices in your head haven't heard that the China auto market has doubled and that 32% of an enormous market - twice that of the US - is electric!
@@FrunkensteinVonZipperneck The Chinese are buying BYD, because they are cheaper, and have integrated semiconductors in their business model. Elon said on the call that Tesla will be decimated by BYD without continued government tariffs.
And eventually there won't be anyone else to sell to as both jobs and people vanish, which they are doing rapidly. China is losing 8 million people a year and will continue to for the foreseeable future.
On top of that, they are kicking the decision to reevaluate all of China's real-estate assets on the 29th of this month with the potential liquidation of Ever grand.
Since those assets are held by China's working class, if they get valued at the estimated 90% loss, China's middle class will lose all of their purchasing power.
@@FrunkensteinVonZipperneck Their market has doubled, but jobs are disappearing, their real-estate about to implode, and the country is losing 8 million people a year, and this is going to accelerate. There is only so long you can scale production while your consumers disappear.
And BYD is dominating Tesla in China, and they started way behind Tesla.
Cramer the contrary indicator do the opposite of what he says.
Only Time Will Tell As U.S. Economy Forwards. Sincerely ❤️❤️❤️, KNT.
With this declaration, Cotton Mouth Cramer has all but guaranteed TSLA will outperform the other six this year.
Even a broken clock is right once a day.
Cotton Mouth Cramer LMFAO
I was bearish on tesla until this video
Jim Cramer never understood Tesla's mission from the very first IPO till today.
Tesla is a house of cards, it's finally falling apart
Telsa is not going anywhere!!!
House of cars
I preferr a CEO who is committed in doing his or her job. 82 billions for a part-time CEO seems excessive, especially one that started a separate company with stolens interllectual properties from the company that paid him 50 billions already. This is got to be illegal.
Elon already rotated out of Tesla, that was the sign
The company is out of juice
@@Dre2Dee2He is trying to get 25% controlling interest in Tesla stock. That doesnt sound like he is rotating out
@@Dre2Dee2 Tesla shareholders are the bag holders? What about Musk and the stolen Tesla Intellectual properties?
Remember when Elon pull some software employees from Tesla to go to Twitter after he took over? That should be illegal too. If any CEO did that, they would have been fired. But the Board at Tesla let Elon do whatever he wants.
I think its partially because of his buyers remorse of Twitter.@@damham5689
JC telling us to buy more TSLA
As bullish as you gonna get on Tesla
“Go Bonkers!” Self fulfilling prophecy?
Magnificent word does not matter to a magnificent company
Let's be honest, Apple is irrelevant consumer electronics! 🤔
Send them an e-mail and tell them their $3T company is irrelevant.
Jim replace Tesla with Netflix, then you still have the Magnificent 7! 😉
Agreed. Netflix was part of FAANG. It had always been magnificent.
I mostly do the opposite of whatever Cramer says!!! Ill wait for Tesla to bottom out, and then I'm stock piling like crazy on Tesla!!!
Cramer is wild for this, Tesla still has crazy cash on hand, 10yrs ago revenue was 2Billion, today its like 90Billion!!! The world will shift to EV's and everyone will need something from Tesla!!! Terrible take Cramer, just terrible!!!!! I literally think they get paid to just spread fear, so ppl wont invest and will stay having to be cooperate guineas....sad!! Ill be back to this post in 1 year!!!
Maybe not this time, be careful, the problem is not the price, Elon is a caos man lately
@@CarlitoswayDRfundamentals have issue…investors treat competitors as dead…😂😅
Watch as Jimmy jump back in on Tesla when the stock goes up 😂 what a trend chaser.
Definitely buying more and more
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How can we generate more revenue during quantitative times? I can't afford to see my savings crumble to dust.
Investing in real estate and stocks might be a wise choice, particularly if you have a sound trading plan that can get you through profitable days.
I am grateful to her. though I started with as low as $1,500 actually because it was my first time and it was successful she's a great personality in the state..
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Cramer v Portnoy, yea I''ll be buying calls tomorrow