Didn't know that the interview was supposed to be a pulpit. When a guest states things that are extra vague, different than all other analysts and without any reasons, it is incumbent on the interviewer to get clarification. And when asked for clarification she stammered and hmmed and hawed and failed to back up her assertions with facts that she really should have had at hand.
her bear case of 100% returns in 5 years sounds like a bull case if applied to any other stock. then again, another heavily shorted stock that is permanently targeted by the trillion $ big oil industry. better not to chase price, buy on the dips!
IKR - the best was at the end when all he could think to do was try to keep quizzing her on random auto industry statistics in the hopes that she would trip up!
Why is he acting so weird in those comparisons? Looked like he was testing her on numbers she's not supposed to know in that specific scenario she was put in. It's good he's sceptic, healthy, but these questions were out of the real context.
He wanted to make a point about the share price relative to the number of cars/revenue of other Automakers, but like most stock analysts who think Tesla is bad they ignore the amount of bonds those companies have issued.
That guy was being kind of a dick, talking over her like that and trying to make her look dumb. Not cool CNBC, let the women explain her case next time
I applaud Cathie's patience and ability to keep her composure after Andrew Ross Sorkin rudely interjects with his weak market share questions. Let her finish the list of the 4 competitive moats - that's why I clicked on this video. Dude completely misses the point of how today's overall auto market composition, which is chock full of internal combustion engine manufacturers, isn't transferable to an auto market that will be 100% electric - hence the term and concept of disruption. There's a learning curve and a period of denial that most of these OEMs are still struggling with. They will soon be gone like Kodak and Nokia. A house divided can't stand - how will they sell the inferior gas-powered cars, while simultaneously marketing EVs?
Her bear scenario was actually a bull one, and when asked to clarify her vague bear scenario she was unable to actually provide not only why she came to those "bear" findings, but what those findings actually were!
@@hextheripper So to be clear, Cathy Wood is more than just an investor. She’s the founder and CEO of her own investment management company, and so that puts her in rare air territory with some of the most successful, investment minds we’ve ever produced, and in an article written in Barron’s, this was said about Cathie Wood. For the 1st 3 years, ARK had no outside investors, so Wood personally supported the entire firm, paying for operating costs such as salaries and product-registration expenses. The firm had no office; everyone worked out of a public working space on their own computer. “There were a lot of people who doubted her, and a lot of friends were concerned, yet her confidence never wavered,” says Tom Staudt, one of the first employees of ARK and now its chief operating officer. “Cathie risked her personal wealth because she had that degree of conviction. He writes that, he joined ARK purely because of Cathie; I was blown away by her vision.” So small wonder why she likes Elon Musk, because they both have a similar story, as Musk risked his entire fortune when he joined Tesla, and think about the fact that had Elon not joined Tesla, what’s the possibility that there would even be a Tesla today?
robert blake It’s only sad for oil companies. Oh yeah... and - freight transportation - auto manufacturers - gas stations - car insurance - auto parts stores - mechanics - ride sharing fleets - car dealerships And last but not least, Tsla shorts🙂
No mention of the fact that Elon runs strongly on the belief that constant unrelenting innovation is the only way to operate, another moat in and of itself. Go Tesla.
@@futureisnow1005 ditto. i hadn't thought about that. He is relentless and the traditional car makers have just been sitting on their laurels. 30 years ago they could have made ice cars more fuel efficient, but they just went backwards on purpose... The goliaths are going down.
@@robkidd6654 Tesla is able to attract top tier talent that wold never want to work for Ford of BMW - the kind of people who would be working in tech or aerospace if they weren't at a car company.
Yepp. The traditional ICE makers has been spoiled to belive that a new front (bumper, grille, lights) and a new interior button - and possibly 1% less fuel consumption is enough every 3rd year.
She is amazing at answering there stupid questions. I wonder if they feel proud when leaving the work for the day, are they truly thinking they are doing a good job?
Pra8 Cash , like most analysts and watchers of Tesla, there is a misunderstanding that Tesla is just a car company rather than an energy company. I drive a Model 3 and can attest it is basically a computer on wheels. In California we have the power companies turning the power off anytime there are windy days. Californian’s don’t see this as a temporary situation, for many the logical solution is to go off grid. Tesla provides solar panels , roof tiles AND batteries to go off grid. I see energy production and energy storage as being a bigger part of Tesla in the future rather than the part that makes items (cars) that use energy. By- the-way, I don’t see Tesla stopping with cars, why not , ships, airplanes or any item that uses energy.
@@shepherdsknoll8 well said... your obviously one of the people in growing support of Tesla but more importantly understand the other parts of the total business. As you said, the opportunities in renewable energy are boundless and you can safely bet that Tesla will be front and center in many more industries. It annoys me when so called anal- ysts just don't get it. Particularly CNBC. They need to be investigated because i suspect they have a hidden agenda or receive cash for comment. Something stinks. They are definitely not legit anal - ysts.
Alan Young , totally agree. I suspect the advertisers have an effect on their opinions. The worse case would be if they were actually getting paid by the ice manufacturers and oil industry for a biased opinion.
Casanova Frankenstein , I like the different product avenues you suggest. My definition of Tesla as an energy company is not my own but rather Tesla’s.
These CNBC analysts have cognitive dissonance when it comes to Tesla because it's a game-changer in to auto industry. It's just like the iPhone smacking up against Blackberry, Nokia, Motorola and Errickson. The analysts dissed the iPhone saying that people would not migrate towards a phone with no physical keyboard. They did not realize that the iPhone was introducing more than a keyboard-less experience. They were introducing Apps that would morph the phone into a handheld computer... and a camera. Tesla is introducing a computer that people can drive around in and reduce ones carbon footprint while getting OTA software updates. The Tesla is also a high speed vehicle that can out race 99% of all ICE cars on the planet and not contribute to the climate crisis! So... the CyberTruck introduces a major game changing factor in the very popular US truck market: a big and powerful truck that can be faster off the block than most sport cars and offer 110/220 outlets as well as an air compressor and better protection for one's stuff. Plus it's rust proof and has a body frame more rigid than any pick up truck on the market. The extra added features are that is has all the Tesla OTA software infrastructure and it's priced really really competitively. that's why more than 350,000 folk have reserved a CyberTruck: docs.google.com/spreadsheets/d/1--6OR9ECwSwZdkOtWkuslJVCyAAfQv1eJal1fdngfsk/edit#gid=0.
The first time I’ve seen these fools on their heels and now trying to understand Tesla.... should’ve tried to understand the company a long time ago instead of constantly mocking the company.
Once you dig in and do the research, Tesla is nothing to laugh at, at all. :) The same wrt Musk. He always delivers. He might deliver late, but he *always* delivers.
Maybe they're trying to understand how a "car company" can "go public" in 2008 with a $500 million dollar "loan" from the U.S. government, start "building cars" in a "leased" never-finished GM/Toyota-built "factory" in California, "introduce" 3 "new" vehicles on one "platform", keep ZERO "promises" on "delivery" and "price" and "performance", make ZERO "advances" in "battery technology" and "range", do NOTHING to "fix" little "glitches" in it's "self-driving technology" from DAY ONE like get "summon" and "self-parking" to work AT ALL, make a "profit" in ONE QUARTER AND ALL DURING 11 YEARS AND END UP "SELLING" FEWER THAN 50,000 ELECTRIC VEHICLES PER YEAR "ON AVERAGE" DURING ITS ENTIRE 11+ YEARS "IN BUSINESS" AND HAVE ITS "PUBLICLY TRADED" NASDAQ-LISTED "TECH STOCK" BE UP ALMOST 3000% WHILE "ANALYSTS" WHO ARE NECK-DEEP IN THE 85% OF TESLA STOCK THAT'S OWNES BY "INSTITUTIONS" AND "INSIDERS" WHO APPARENTLY AREN'T "ABOVE WATER" AT 3000% "PROFIT" AND STILL BE "WORTH" A FUCKING DIME AND NOT BE A BIG FUCKING "PUMP & DUMP" SCHEME THAT DIDN'T WORK OUT TOO WELL FOR THE "DUMPERS". ARK INVEST WASN'T EVEN IN BUSINESS UNTIL 6 YEARS AFTER TESLA "WENT PUBLIC" AND FOR SOME REASON "BOUGHT" 1 MILLION+ SHARES OUT OF 184 MILLION "OUTSTANDING" WITH ELON THE ICON HIMSELF "HOLDING" 34 MILLION OR SO ALL THROUGH A 3000% INCREASE IN STOCK PRICE AND ELON HIMSELF ONLY "VALUED" IT AT "$420" NOT EVEN 18 MONTHS AGO AND WAS BEEN BITCHING ABOUT "SHORTS" RIGHT AND LEFT UNTIL THIS "GENIUS" SO-CALLED "INVESTMENT EXPERT" - WHO LOOKS ABOUT AS "SMART" NOW SAYING "$700 IN 5 YEARS" NOW AFTER SHE WAS RUNNING HER MOUTH ABOUT "$4000 IN THE FUTURE" 6 MONTHS AGO AS ELON LOOKS HAVING "SOLD" PAYPAL TO "MAKE CARS" AND NOT "SELLING" HIS 34 MILLION SHARE/16% "HOLDING" OF TESLA - STARTED BLABBING ALL OVER CNBC ABOUT HOW "SMART" SHE IS TO BE "BULLISH" ON TESLA AND "SELLING" A STOCK SHE SHOULD BE "BUYING" IF ITS SUCH A SCREAMING FUCKING DEAL. GEE, I WONDER WHO IS REALLY "SHORT" TESLA STOCK...
@@deeremeyer1749 Calm down... stop shouting... and take your meds. There, there. Almost time to go back to your hospital room. Reality is not for you, I'm afraid. You have no understanding of the history of Elon and Tesla and clearly no understanding of the business principles they follow and the results they have achieved. That's it... take another pill. Relax now... sleep, sleep. You'll feel better in the morning.
It was very clear they weren't asking questions they actually wanted legitimate answers to, especially apparent by the impulsive interruptions. Their attempt to ruffle the interviewee's feathers ultimately does them the disservice because they end up looking like willfully ignorant instigators rather than simply being skeptical.
People want Teslas, Once you go Tesla it is tough to go back. BMW, Benz GM, Volvo, Acura and Audi will be hit the soonest and the hardest. Things are'a changin'.
I think Honda will be hit first and hardest. Honda has had a lot of problems (oil dilution) with their new Turbo engine thats in most of their lineup and their overall quality has dropped over time while the price of their vehicles remains high. Loyal Honda buyers are looking to switch and I think Tesla is the clear choice. Remember that Honda is kown for having efficient cars so I think Honda buyers will be attracted to Tesla vehicles. Model 3 is a direct competition for the Accord, Model Y will take on the CRV and cybertruck will take on the ridgeline (I think Tesla will steal a huge chunk of ridgeline sales)
@@nolanboyle8087 No one buys the Ridgeline though they sell like 17k per year or something, IIRC. It's ironic because the Ridgeline was kind of similar to the cybertruck in terms of using an innovative unibody design.
@Sum Ting Wong There's actually an ICE lake and an EV pond, with the lake draining into the pond. And Tesla is the big fish in the pond. Look into the near future and see the fish turning into a whale.
its not funny at all because all those legacy manufacturers like toyota and mercedes are the biggest trucks, forklift, bus, heavy machinery and special vehicles in the world and batteries arent going to succed in those sectors for a very long time
@@carholic-sz3qv hydrogen is the future of big trucks, airplanes and even cargo ships. Hydrogen has a lot better energy density than gasoline or diesel...
steplaland they don’t make money from Technology directly. +90% of their business and how they make money is from selling their cars. Maybe one day they can transition, but as of right now they’re an auto manufacturer. Tech is simply a value add to the core product
Do you twits understand that anything "disruptive" by definition is never going to and cannot "compete" with the "status quo"? Obviously not. And "disruptive" has a "shelf life". Tesla "went public" 11 years ago and was most recently "valued" by it's largest "shareholder" (16% of 184 million shares "outstanding" 85% of which is "held" by "institutions" and "insiders" with might explain why "Wall Street" where stocks are "traded" by the 1000-share "block" has no interest in the tiny little "share" of Tesla not already "held" by idiots not satisfied with a 3000% gain since the "IPO") at "$420" and despite "hundreds of t thousands" of "reservations" for each of the THREE WHOLE "NEW" VEHICLES ON THE SAME FUCKING CHASSIS IT "BUILDS" AND COMPLETE BULLSHIT ABOUT "5000 MODEL 3S PER WEEK" ( IF YOU TESLATARDS KNEW ANYTHING ABOUT CARS AND WERE EVEN CURIOUS ABOUT THEM YOU'D WATCH THE "FACTORY" VIDEOS AND SEE THE "ASSEMBLY LINE" AND KNOW BY "INTUITION" 5000 CARS A WEEK IS ASININE ASSUMING YOU'VE GOT ANY IDEA WHAT "TIME" IS BESIDES WHAT YOU SPEND DOING. NOTHING WHILE YOUR MOMMY AND DADDY ARE OUT "MAKING MONEY" TO SUPPORT YOUR WORTHLESS ASS BUT SINCE YOU DON'T HERE'S THE "NUMBERS" E WITHOUT THE "MATH" - 5000 PER WEEK IS 2.16 CARS PER MINUTE. DUMBASS) IT TURNS OUT THAT TESLA HAS BEEN "DISRUPTING" THE "AUTO INDUSTRY" WITH A WHOPPING
Hmmm trust successful investor who calmly explains pros and cons of Tesla or ranting lunatic who seems a little peeved his shorts aren’t paying off and takes to YT comments to vent his anger? Tough one.
Cathie Wood is brilliant! Appreciate all you do to further the message for Elon and Tesla. Sadly, some pretty dense people still don't get it. But time usually corrects those things.
still dont get it because 90% of Elon's claims is nothing but utter nonsense... Where are the millions of robotaxi's Elon?! You promised them in 2016 and early this year where are theyyyyyy.
Thank you :) but there he never promised million(s) of active Robotaxis in 2020. It is a misleading article. The article gives you the impression that he promised that while he never did so. He basically said that it is very likely to have first Robotaxis on he road in some area in 2020. Adding “Sometimes I am not on time, but I get it done.” to me it sounds like Tesla is trying as hard as they can to get Robotaxis on the road but they don't know for sure if or when. That is at least how I interpreted that source, I also watched the video which the article referred to.
@@sebastianasam7869 "“I feel very confident predicting 1 million autonomous robo-taxis for Tesla next year,” come on, how much credit does this fool get. He said it in a room full of investors. Even saying it is totally delusional. They haven't even made one million cars yet. Let alone a self driving car. If any other entrepreneur would have said the same thing he would have been sectioned. Let me also clearify he claimed the same shit in 2015-ish.
He kept trying to lead her to a certain point but was doing a terrible job and only derailed the whole flow of conversation. I think he was trying to say that Toyota and VW should have bigger market caps than Tesla will because they sell more cars. There's many factors to market cap besides unit sales, like profitability and future growth. Cathie's projection is Tesla will continue to grow immensely in profit. Toyota may maintain profits, or they may kill their margins when forced to adapt to BEVs. Either way, they don't dictate what Tesla's market cap can be.
In my opinion Cybertruck is a masterpiece of bold innovation and design that only Tesla is brave enough to attempt. I think is looks much better than run of the mill pickups. One of the main reasons that the Cybertruck can be produced at a lower cost relates to how the body is produced. The stainless-steel body can be formed by simply folding the sheet metal without the necessity for expensive stamping machines. Also, the absence of paint results in significant cost savings. A paint shop cost 200 million dollars in initial capital expenditure and has additional ongoing expenses. The painting and drying of is time consuming and is often a bottle neck in production. Cybertruck eliminates this cost and bottle neck. The exoskeleton design was necessary to decrease the weight of the Cyber truck so that it is not heavier than the conventional pickup truck despite its heavy batteries. Other electric pickup makers will have a hard time competing with this design in terms of specifications and cost. The bizarre appearance of the Cybertruck is a necessity to keep costs low for these specifications. The price and specifications of this vehicle are so compelling that it is a viable alternative to a conventional car. I would normally never buy a pickup truck, but I will be getting the Cybertruck as my daily driver. It costs the same as my Tesla Model 3 and has so much more capability and room. Should be great in heavy snow and won’t rust from the salt used on streets in the winter in the Chicago area where I live. Won’t need to worry that one bird shit will stain the car forever. The only downside when compared to a car is its large size which might cause issues with parking in some areas. The pickup truck will use more electricity per mile driven then the car but the additional cost difference is not as significant as with internal combustion pickup trucks. Once the general public understands this, there might be a whole new segment of population that will opt for the cyber truck instead of a car. Power outage in the house? Run an extension cord to Cybertruck and get by with powering essentials like phones, broadband modems, and rechargeable led lighting. You could even cook with an instant pot or induction cooker. Also, Elon confirmed on twitter the car may have a solar option for the bed cover that can add some range when the car is parked in the sun. I don’t care that other people may not like how this looks. If they want something that looks like a regular pickup they will pay more and get less. Not a choice that I would make. I would like to see this low-cost polygon body concept scaled down to a mid-sized SUV with three rows of seats with the last two rows foldable and removable. This would be a better alternative to a family car than a pickup truck. Scaling this down to an urban hatch back the size of a Honda Fit should allow an EV with a range of 200 miles for low $20Ks in couple of years.
What we have is a Cyber Platform built on CNC , scoring, bending and welding. Different models such as Vans or SUV's or People Movers or even sports cars are just a CAD exercise
Once America find an alternative to cover oil production without sending the economy into spiraling distress, ev/Tesla will take over
4 года назад
I sincerely hope that infrastructure for the mass adoption of this car will exists and also that Tesla can mass produce it! It will change our life like the VW Type 2 + the iPhone did
wow.. those so called interviewers acted like they were giving her a test as though she doesnt know what she is talking about.. she clearly does. my money is on CW
CNBC panelists will miss out on big gains since they are stuck in their old ways, unwilling to accept Tesla for what it is, a growing powerhouse with a sustainable competitive advantage, and exciting brand
Don't know how many people agreed with your stupid opinion. But if there was one company to be compared to apple is tesla. Tesla is following apple's blueprint
@@mannyb332211 he isnt saying its not like apple he is saying they are trying to compare tesla that isnt an auto company to other auto companies apples to oranges is a saying tesla is a tech company not an auto company cars only make up a part of there business
Tesla is creating another Kodak moment where Kodak lost out to digital cameras, and how Amazon crushed Sears catalog. That is what Tesla is doing to Ford and GM. I think Cathy Woods is correct, I think Tesla doubles each year for the next four years.
Marc Smith when you don’t understand you ask a question that’s how learn I think he did a good job grilling her it’s better than listening and believing just because you like something
Sphinx00 it’s not about asking questions. My point is that he doesn’t even listen to the response as he constantly interrupts her. To me that shows that he is not genuinely interested in “learning”
@@sphinx0036 yeah he was distracting her and disrupting her flow just for the sake of doing that. He was not deeply questioning her at all. What a tool.
Units shifted is all very well for the likes of Toyota and VW but there is also the sale value. Bentley may sell just 1,000 cars but at $250k each. If VW sell cars for $10k then they have to sell 25,000 of them to compare. Tesla Model 3 was the third best selling car in the UK in August (that's all cars not just EVs to address the confused interviewers) but on SALE value, Tesla hit number one. Pretty good going for a 10 year old company. Of course it will be worth squillions in a few years, they haven't even got to the big UK sellers like Model Y.
These anaylist keeps comparing tesla to other auto manufacturing in trying to grasp Tesla's stock worth. I'm surprised that these folks hasn't come to realize that tesla is an energy , battery, solar, AI, EV, and technology company.
Go Cathie! The last point was to try to question Teslas market cap relative to VW and Toyotas 10M sales/y (10-15% of ICE market each) . But Cathie is right stating that Tesla is not a traditional car company and cant be valued like one. In other words the value can be much higher because the self driving race is dominated by one maker - Tesla. The others (Daimler, BMW and Audi as one example ) has to unite to develop a self driving system. Notice. BMW..... Daimler.....Audi...... prestige brands has to unite...... What does that say about how far ahead Tesla is. And we should not forget that Tesla also has its energy business. Often left out from the M C equation.
does this guy not realize that in the future gas cars will be banned? lmao the EV market will be the only market for autos, there will be no gas car sales lmao
@@felixnkrumah3560 Umm China is one of the biggest auto markets. ICE ban in dense cities is going to happen much quicker more like in 1 decade. A car which you can't drive into a city is basically a horrible redundant product. Just because you can drive it in more open areas and it's still legal there does not make it an appealing product.
Why do CNBC male anchors are keep disrupting guests presenting Tesla? This is 2nd time I'm seeing from two different hosts. Let the guest speak and explain their cases rather than you push your skepticism or hidden motive to defend ICE automotive industry.
We love Cathie Wood - keep doing a great job! The most intelligent analysis I have heard for Tesla. From a senior IT background I can verify Tesla and Ark Invest's justifications for Tesla being 3 + years ahead of the competition on EV drive-train and autonomous driving. The hurdles and the hard work have all been passed - all the pieces are in place
Cathie as always comes super well prepared, with relevant analysis of how many EVs she expects will be sold over the coming years and how much Tesla's projected market share is of this. And along comes CNBCs dumb irrelevant questions confusing and wasting time.
It's a new product... iPhone was not a cell phone -- it was a new product, a smartphone. Motorola and Nokia did not even compete in the smartphone market until much later, and then their smartphones sucked. The fact that smartphones and cell phones both make calls does not magically turn them into the same product. Cell phones disappeared, just like cars v carriages.
Actually Nokia was making smartphones for years before the iPhone. Several companies were. For example the Nokia 9300i with Symbian OS had a Microsoft Office compatible suite, ran Java apps, opened to reveal a full keyboard and not only handled email, the thing could actually do faxing as well. Apple's IOS with a capacitive full-screen interface and simplicity was a total game changer. Also, Nokia's N-series devices even ran linux the same year the iPhone came out. Mobile hacking delight back in the day.
@@CeBePuH Absolutely. At the turn of the prior century there were electric cars with ranges of 50-80 miles. However, Mr. Ford's work with assembly lines, duplicatable processes, etc and a number of economic and geo-political factors spurred the growth of ice over EVs. More recently GM's EV1 late in the century was a practical option for many before it was suddenly scrapped.
@@p.t.9709 Exactly. Laptops do not compete with desktops. Both are computers, technically. How many people even own desktops any longer?.. Tesla defined a new product category. Granted, cars are not cell phones, their adaptation will take a bit longer, but the outcome is likely to be identical.
Here in Norway EV sales are higher than ICE cars, about 57% so far this year. Tesla is number one with market share of 15% then VW comes in at 13% (of EV sales). When I travel to other countries I see the difference of cars on the road... well, EV's are the future. Tesla is the future. Thank you Cathie for making me invest this past summer! ps. Norway has most of its energy coming from hydro. But also a large portion of oil export... :/
A 17% market share of a 90 million car market is 15.3 million cars. A third of that is 5 million cars. Tesla needs to grow to meet the market. If they doubled sales and production every year for 5 years it could be done.
But in future the auto market will be much smaller than 90 millions sales person anymore. It has already shrunk to 78 m this year from its peak of 87-88 million two years ago. Ride sharing and mobility services will shrink it to not more 50 million units a year. 17pc of 50m is not that big sth like 8 million.
People love to talk about the market caps of Ford, GM, Volkswagon in comparison to Tesla but they totally ignore the value of the bonds those companies have issued. Their share price is low because their massively in debt and could go bankrupt easily, thus a low share price.
I get excited that Kathy Wood is doing an interview and we get to hear her point of view however my excitement is meant by CNBC anchors bombarding her with irrelevant questions
Cyber Truck was engineered to be the toughest consumer truck bar none... And... it will be "crowned" the toughest truck on the market!! I can't wait to see what it can do off road!!!!
If the EV market keeps growing the collapse of oil and gas (coupled with energy storage) this is going to be a huge shift dare I say good bye opec and good by Exxon mobile and the rest
Le Chat Botté doesn’t take much for them to hurt just two days ago US Energy companies were hanging off the edge of a cliff hopping that OPEC reduced production let me say that again American oil and gas companies were on their f$&@ knees praying that OPEC their sworn enemy cut production to help them continue to do business with 600billion in debt vs 60billion in profits Doesn’t Take a rocket science to see those numbers and know somebody’s in trouble
.. And that moat is widening.. I am pretty sure Tesla has some awesome announcements to make during their battery and drive train investor day.. they have not bought Maxwell and Hibar for nothing, Tesla will use that technology to improve battery technology with higher energy densities, expand production, and lower battery costs even more.. It has to be seen how the legacy auto companies deal with that, are they investing enough? Will they be able to compete with Tesla? Sure they are investing in EV tech also right now, but is it enough? can they keep up with Tesla?
Will you guys just shut up and let the woman talk oh my God
"and are bull case is...." Cutoff by the host. C'mon
Allan Oliveira omg yeah!!!? she did an amazing job responding to that guy who wouldn’t stfu lmao
"So these are some significant barriers to entry. First ..." (Now's the time to interrupt!) "What kind of marketshare ... " :-(
Didn't know that the interview was supposed to be a pulpit. When a guest states things that are extra vague, different than all other analysts and without any reasons, it is incumbent on the interviewer to get clarification. And when asked for clarification she stammered and hmmed and hawed and failed to back up her assertions with facts that she really should have had at hand.
That Ark lady is so smart and man had too much difficulty understanding her
CNBC purposely keeps her talking about the bear case and interrupts as she tries to get into the bull case. CNBC sucks
Agreed!!
her bear case of 100% returns in 5 years sounds like a bull case if applied to any other stock. then again, another heavily shorted stock that is permanently targeted by the trillion $ big oil industry. better not to chase price,
buy on the dips!
Chris Ose, CNBC IS “IRRELEVANT”
Looking very smart as we approach $1000! 👍👍
Cathie, thank's for even taking the hurdle again and again to talk to these deniers!
I believe LOW LIFE SCUM is the terminology you may be searching for
Every time Cathie comes on they interrupt her. Imagine if they let her speak lmao
Joe Rogan should let her speak for 3h
If the word gets out Tesla shares would go ballistic. The last thing Elon needs is a bubble like that.
@@DocUltimate Joe Rogan Should? English please.
@@davidelliott5843 I’m from the future, you were right.
Those panelists are such tools. Cathie is awesome.
IKR - the best was at the end when all he could think to do was try to keep quizzing her on random auto industry statistics in the hopes that she would trip up!
Sean Z yeah I hate how they wait to ask the gotcha question at the end when the music is playing
@@jonbaszkiewicz And they still couldn't trip her up. LOL! She's far smarter than any of them asking their uninformed questions. :-)
He was leading her to 'admit' that their market cap is too high for the volume compared to fossils dinosaures.
yeah, satisfies your confirmation bias
Why is he acting so weird in those comparisons? Looked like he was testing her on numbers she's not supposed to know in that specific scenario she was put in. It's good he's sceptic, healthy, but these questions were out of the real context.
Maybe because she seems like a Tesla shill not a stock analyst.
I like how he tried to frame the last question about Tesla’s market value being too high, but Kathy wasn’t having any of that😄
He wanted to make a point about the share price relative to the number of cars/revenue of other Automakers, but like most stock analysts who think Tesla is bad they ignore the amount of bonds those companies have issued.
@@EricS0072 She's works for one of Tesla's major investors.
Because they thinkiing that Tesla is only a car company
They did not let Cathie explain her thesis, #tesla is too big for #CNBC to swallow!
Gökhan S. They cant swallow it, because the have been taking it up the ass by big oil and ice companies.
lol
That guy was being kind of a dick, talking over her like that and trying to make her look dumb. Not cool CNBC, let the women explain her case next time
@@Thebrokerman2020 agree!
I applaud Cathie's patience and ability to keep her composure after Andrew Ross Sorkin rudely interjects with his weak market share questions. Let her finish the list of the 4 competitive moats - that's why I clicked on this video. Dude completely misses the point of how today's overall auto market composition, which is chock full of internal combustion engine manufacturers, isn't transferable to an auto market that will be 100% electric - hence the term and concept of disruption. There's a learning curve and a period of denial that most of these OEMs are still struggling with. They will soon be gone like Kodak and Nokia. A house divided can't stand - how will they sell the inferior gas-powered cars, while simultaneously marketing EVs?
Every time she is trying to give her bullish scenario they would interrupt her!
Her bear scenario was actually a bull one, and when asked to clarify her vague bear scenario she was unable to actually provide not only why she came to those "bear" findings, but what those findings actually were!
CW laying the smack down on the smug tool reporters.
soon as someone that likes tesla comes on they are already combative against them
thats how you deal with cults
One of their top contributors is Ford and GM ...
lol i wish they do this more often. stock up nicely today.
@@pcpolice2314 are you a fool Tesla's fans are not a cult at most they are fans girls but noware close to the cult scale. They don't even hit one 😑.
He's just making sure her views are grounded in reality. He doesn't want to be dishonest to viewers.
I would watch everything on your channel as long as Cathie Wood is involved!
She could have her own show, except she makes too much money investing to care about being a commentator.
@@hextheripper So to be clear, Cathy Wood is more than just an investor. She’s the founder and CEO of her own investment management company, and so that puts her in rare air territory with some of the most successful, investment minds we’ve ever produced, and in an article written in Barron’s, this was said about Cathie Wood.
For the 1st 3 years, ARK had no outside investors, so Wood personally supported the entire firm, paying for operating costs such as salaries and product-registration expenses. The firm had no office; everyone worked out of a public working space on their own computer.
“There were a lot of people who doubted her, and a lot of friends were concerned, yet her confidence never wavered,” says Tom Staudt, one of the first employees of ARK and now its chief operating officer.
“Cathie risked her personal wealth because she had that degree of conviction. He writes that, he joined ARK purely because of Cathie; I was blown away by her vision.”
So small wonder why she likes Elon Musk, because they both have a similar story, as Musk risked his entire fortune when he joined Tesla, and think about the fact that had Elon not joined Tesla, what’s the possibility that there would even be a Tesla today?
Well done Cathy in dealing with the multiple traps he set
Andre P I definitely noticed the last one over market value. She avoided it well!
You are not because you didn't spelling her name right.
Tesla is becoming a cult....as in a real cult..how sad that is.
robert blake
It’s only sad for oil companies.
Oh yeah... and
- freight transportation
- auto manufacturers
- gas stations
- car insurance
- auto parts stores
- mechanics
- ride sharing fleets
- car dealerships
And last but not least, Tsla shorts🙂
Traps like how do you come up with your Numbers
No mention of the fact that Elon runs strongly on the belief that constant unrelenting innovation is the only way to operate, another moat in and of itself. Go Tesla.
Allan Barr well said
Exactly, Tesla is a tech company, not a car company
@@futureisnow1005 ditto. i hadn't thought about that. He is relentless and the traditional car makers have just been sitting on their laurels. 30 years ago they could have made ice cars more fuel efficient, but they just went backwards on purpose... The goliaths are going down.
@@robkidd6654 Tesla is able to attract top tier talent that wold never want to work for Ford of BMW - the kind of people who would be working in tech or aerospace if they weren't at a car company.
Yepp. The traditional ICE makers has been spoiled to belive that a new front (bumper, grille, lights) and a new interior button - and possibly 1% less fuel consumption is enough every 3rd year.
She is amazing at answering there stupid questions. I wonder if they feel proud when leaving the work for the day, are they truly thinking they are doing a good job?
Ark is right, Tesla will go through the roof in the coming years
they was right. so right
It’s been years now and still these dumb CNBC doesn’t get Tesla.
Pra8 Cash , like most analysts and watchers of Tesla, there is a misunderstanding that Tesla is just a car company rather than an energy company. I drive a Model 3 and can attest it is basically a computer on wheels.
In California we have the power companies turning the power off anytime there are windy days. Californian’s don’t see this as a temporary situation, for many the logical solution is to go off grid. Tesla provides solar panels , roof tiles AND batteries to go off grid. I see energy production and energy storage as being a bigger part of Tesla in the future rather than the part that makes items (cars) that use energy. By- the-way, I don’t see Tesla stopping with cars, why not , ships, airplanes or any item that uses energy.
@@shepherdsknoll8 well said... your obviously one of the people in growing support of Tesla but more importantly understand the other parts of the total business. As you said, the opportunities in renewable energy are boundless and you can safely bet that Tesla will be front and center in many more industries. It annoys me when so called anal- ysts just don't get it. Particularly CNBC. They need to be investigated because i suspect they have a hidden agenda or receive cash for comment. Something stinks. They are definitely not legit anal - ysts.
Alan Young , totally agree. I suspect the advertisers have an effect on their opinions. The worse case would be if they were actually getting paid by the ice manufacturers and oil industry for a biased opinion.
Casanova Frankenstein , I like the different product avenues you suggest. My definition of Tesla as an energy company is not my own but rather Tesla’s.
These CNBC analysts have cognitive dissonance when it comes to Tesla because it's a game-changer in to auto industry. It's just like the iPhone smacking up against Blackberry, Nokia, Motorola and Errickson. The analysts dissed the iPhone saying that people would not migrate towards a phone with no physical keyboard. They did not realize that the iPhone was introducing more than a keyboard-less experience. They were introducing Apps that would morph the phone into a handheld computer... and a camera. Tesla is introducing a computer that people can drive around in and reduce ones carbon footprint while getting OTA software updates. The Tesla is also a high speed vehicle that can out race 99% of all ICE cars on the planet and not contribute to the climate crisis!
So... the CyberTruck introduces a major game changing factor in the very popular US truck market: a big and powerful truck that can be faster off the block than most sport cars and offer 110/220 outlets as well as an air compressor and better protection for one's stuff. Plus it's rust proof and has a body frame more rigid than any pick up truck on the market. The extra added features are that is has all the Tesla OTA software infrastructure and it's priced really really competitively. that's why more than 350,000 folk have reserved a CyberTruck: docs.google.com/spreadsheets/d/1--6OR9ECwSwZdkOtWkuslJVCyAAfQv1eJal1fdngfsk/edit#gid=0.
Cathy draw him a picture.
lol
😂😂😂
I love that she stabbed them with the "ignoring realities" comment - LOL!
The first time I’ve seen these fools on their heels and now trying to understand Tesla.... should’ve tried to understand the company a long time ago instead of constantly mocking the company.
Once you dig in and do the research, Tesla is nothing to laugh at, at all. :)
The same wrt Musk. He always delivers. He might deliver late, but he *always* delivers.
Maybe they're trying to understand how a "car company" can "go public" in 2008 with a $500 million dollar "loan" from the U.S. government, start "building cars" in a "leased" never-finished GM/Toyota-built "factory" in California, "introduce" 3 "new" vehicles on one "platform", keep ZERO "promises" on "delivery" and "price" and "performance", make ZERO "advances" in "battery technology" and "range", do NOTHING to "fix" little "glitches" in it's "self-driving technology" from DAY ONE like get "summon" and "self-parking" to work AT ALL, make a "profit" in ONE QUARTER AND ALL DURING 11 YEARS AND END UP "SELLING" FEWER THAN 50,000 ELECTRIC VEHICLES PER YEAR "ON AVERAGE" DURING ITS ENTIRE 11+ YEARS "IN BUSINESS" AND HAVE ITS "PUBLICLY TRADED" NASDAQ-LISTED "TECH STOCK" BE UP ALMOST 3000% WHILE "ANALYSTS" WHO ARE NECK-DEEP IN THE 85% OF TESLA STOCK THAT'S OWNES BY "INSTITUTIONS" AND "INSIDERS" WHO APPARENTLY AREN'T "ABOVE WATER" AT 3000% "PROFIT" AND STILL BE "WORTH" A FUCKING DIME AND NOT BE A BIG FUCKING "PUMP & DUMP" SCHEME THAT DIDN'T WORK OUT TOO WELL FOR THE "DUMPERS".
ARK INVEST WASN'T EVEN IN BUSINESS UNTIL 6 YEARS AFTER TESLA "WENT PUBLIC" AND FOR SOME REASON "BOUGHT" 1 MILLION+ SHARES OUT OF 184 MILLION "OUTSTANDING" WITH ELON THE ICON HIMSELF "HOLDING" 34 MILLION OR SO ALL THROUGH A 3000% INCREASE IN STOCK PRICE AND ELON HIMSELF ONLY "VALUED" IT AT "$420" NOT EVEN 18 MONTHS AGO AND WAS BEEN BITCHING ABOUT "SHORTS" RIGHT AND LEFT UNTIL THIS "GENIUS" SO-CALLED "INVESTMENT EXPERT" - WHO LOOKS ABOUT AS "SMART" NOW SAYING "$700 IN 5 YEARS" NOW AFTER SHE WAS RUNNING HER MOUTH ABOUT "$4000 IN THE FUTURE" 6 MONTHS AGO AS ELON LOOKS HAVING "SOLD" PAYPAL TO "MAKE CARS" AND NOT "SELLING" HIS 34 MILLION SHARE/16% "HOLDING" OF TESLA - STARTED BLABBING ALL OVER CNBC ABOUT HOW "SMART" SHE IS TO BE "BULLISH" ON TESLA AND "SELLING" A STOCK SHE SHOULD BE "BUYING" IF ITS SUCH A SCREAMING FUCKING DEAL.
GEE, I WONDER WHO IS REALLY "SHORT" TESLA STOCK...
@@deeremeyer1749 Calm down... stop shouting... and take your meds. There, there. Almost time to go back to your hospital room. Reality is not for you, I'm afraid. You have no understanding of the history of Elon and Tesla and clearly no understanding of the business principles they follow and the results they have achieved. That's it... take another pill. Relax now... sleep, sleep. You'll feel better in the morning.
@@deeremeyer1749you must be a short. MEDS bro ... Just face it, progress happens my Neanderthalic friend
'Interviewers' are uninformed and not interested in listening. Why invite an informed source onto the show? If they were my kids I'd be embarrassed.
It was very clear they weren't asking questions they actually wanted legitimate answers to, especially apparent by the impulsive interruptions. Their attempt to ruffle the interviewee's feathers ultimately does them the disservice because they end up looking like willfully ignorant instigators rather than simply being skeptical.
why is this guy so loud , afraid. of loss of auto comercials........
He's said before on another show that he is short on Tesla
@@treborsirrah7916 well hes going to take some heavy losses in future...
he is a co creator of Billions he doesnt care about ad
Exactly - loss of auto commercials - Ford & GM.
People want Teslas, Once you go Tesla it is tough to go back. BMW, Benz GM, Volvo, Acura and Audi will be hit the soonest and the hardest. Things are'a changin'.
agree, the ICE world is dead to me
I think Honda will be hit first and hardest. Honda has had a lot of problems (oil dilution) with their new Turbo engine thats in most of their lineup and their overall quality has dropped over time while the price of their vehicles remains high. Loyal Honda buyers are looking to switch and I think Tesla is the clear choice. Remember that Honda is kown for having efficient cars so I think Honda buyers will be attracted to Tesla vehicles. Model 3 is a direct competition for the Accord, Model Y will take on the CRV and cybertruck will take on the ridgeline (I think Tesla will steal a huge chunk of ridgeline sales)
@@nolanboyle8087 No one buys the Ridgeline though they sell like 17k per year or something, IIRC. It's ironic because the Ridgeline was kind of similar to the cybertruck in terms of using an innovative unibody design.
@Sum Ting Wong Said everyone who doesn't understand exponentials about every disruption ever...
@Sum Ting Wong There's actually an ICE lake and an EV pond, with the lake draining into the pond. And Tesla is the big fish in the pond. Look into the near future and see the fish turning into a whale.
She had 4 points to make and that guy cut her off on the second point - dammit.
Such idiotic questions from that anchor...He definitely lost it.
The legacies have yet to put a dent in Tesla's SS armor.
Clara Smith Love your insights, Clara!
its not funny at all because all those legacy manufacturers like toyota and mercedes are the biggest trucks, forklift, bus, heavy machinery and special vehicles in the world and batteries arent going to succed in those sectors for a very long time
@@carholic-sz3qv hydrogen is the future of big trucks, airplanes and even cargo ships. Hydrogen has a lot better energy density than gasoline or diesel...
@@teemumiettinen7250 nah won't happen. no wants hydrogen power vehicles.
@@orangecookie3132 well they are coming and they dont care about your opinion, hydrogen powered passenger airplanes are allready flying so...
Cathy is a smart lady that has outperformed the market consistently.
So does my cat no big deal
@@fitnesspoint2006
You have a cat that trades better than most of the the market ??
THAT IS A HUGE FREAKING DEAL!!
Does Andrew understand disruptive technologies?
steplaland they don’t make money from Technology directly. +90% of their business and how they make money is from selling their cars. Maybe one day they can transition, but as of right now they’re an auto manufacturer. Tech is simply a value add to the core product
Do you twits understand that anything "disruptive" by definition is never going to and cannot "compete" with the "status quo"? Obviously not. And "disruptive" has a "shelf life". Tesla "went public" 11 years ago and was most recently "valued" by it's largest "shareholder" (16% of 184 million shares "outstanding" 85% of which is "held" by "institutions" and "insiders" with might explain why "Wall Street" where stocks are "traded" by the 1000-share "block" has no interest in the tiny little "share" of Tesla not already "held" by idiots not satisfied with a 3000% gain since the "IPO") at "$420" and despite "hundreds of t
thousands" of "reservations" for each of the THREE WHOLE "NEW" VEHICLES ON THE SAME FUCKING CHASSIS IT "BUILDS" AND COMPLETE BULLSHIT ABOUT "5000 MODEL 3S PER WEEK" ( IF YOU TESLATARDS KNEW ANYTHING ABOUT CARS AND WERE EVEN CURIOUS ABOUT THEM YOU'D WATCH THE "FACTORY" VIDEOS AND SEE THE "ASSEMBLY LINE" AND KNOW BY "INTUITION" 5000 CARS A WEEK IS ASININE ASSUMING YOU'VE GOT ANY IDEA WHAT "TIME" IS BESIDES WHAT YOU SPEND DOING. NOTHING WHILE YOUR MOMMY AND DADDY ARE OUT "MAKING MONEY" TO SUPPORT YOUR WORTHLESS ASS BUT SINCE YOU DON'T HERE'S THE "NUMBERS" E
WITHOUT THE "MATH" - 5000 PER WEEK IS 2.16 CARS PER MINUTE. DUMBASS) IT TURNS OUT THAT TESLA HAS BEEN "DISRUPTING" THE "AUTO INDUSTRY" WITH A WHOPPING
@@deeremeyer1749 ANGER, sounds like you SHORT reality. Shorting TSLA is a fools ...
@@deeremeyer1749 Go, please take your meds
Hmmm trust successful investor who calmly explains pros and cons of Tesla or ranting lunatic who seems a little peeved his shorts aren’t paying off and takes to YT comments to vent his anger? Tough one.
Cathie Wood is brilliant! Appreciate all you do to further the message for Elon and Tesla. Sadly, some pretty dense people still don't get it. But time usually corrects those things.
still dont get it because 90% of Elon's claims is nothing but utter nonsense... Where are the millions of robotaxi's Elon?! You promised them in 2016 and early this year where are theyyyyyy.
@@Wouter-van-der-Molen you have a source where he promised that?
@@sebastianasam7869 www.cnbc.com/2019/04/22/elon-musk-says-tesla-robotaxis-will-hit-the-market-next-year.html
Thank you :) but there he never promised million(s) of active Robotaxis in 2020. It is a misleading article. The article gives you the impression that he promised that while he never did so. He basically said that it is very likely to have first Robotaxis on he road in some area in 2020. Adding “Sometimes I am not on time, but I get it done.” to me it sounds like Tesla is trying as hard as they can to get Robotaxis on the road but they don't know for sure if or when. That is at least how I interpreted that source, I also watched the video which the article referred to.
@@sebastianasam7869 "“I feel very confident predicting 1 million autonomous robo-taxis for Tesla next year,” come on, how much credit does this fool get. He said it in a room full of investors. Even saying it is totally delusional. They haven't even made one million cars yet. Let alone a self driving car. If any other entrepreneur would have said the same thing he would have been sectioned. Let me also clearify he claimed the same shit in 2015-ish.
What the crap was that question at the end. Maybe try to ask real questions instead of just attacking her.
Semi related pop quiz
He kept trying to lead her to a certain point but was doing a terrible job and only derailed the whole flow of conversation. I think he was trying to say that Toyota and VW should have bigger market caps than Tesla will because they sell more cars. There's many factors to market cap besides unit sales, like profitability and future growth. Cathie's projection is Tesla will continue to grow immensely in profit. Toyota may maintain profits, or they may kill their margins when forced to adapt to BEVs. Either way, they don't dictate what Tesla's market cap can be.
In my opinion Cybertruck is a masterpiece of bold innovation and design that only Tesla
is brave enough to attempt. I think is looks much better than run of the mill pickups.
One of the main reasons that the Cybertruck can be produced at a lower cost
relates to how the body is produced. The stainless-steel body can be formed by
simply folding the sheet metal without the necessity for expensive stamping
machines. Also, the absence of paint results in significant cost savings. A
paint shop cost 200 million dollars in initial capital expenditure and has
additional ongoing expenses. The painting and drying of is time consuming and
is often a bottle neck in production. Cybertruck
eliminates this cost and bottle neck. The exoskeleton design was necessary to
decrease the weight of the Cyber truck so that it is not heavier than the
conventional pickup truck despite its heavy batteries. Other electric pickup
makers will have a hard time competing with this design in terms of
specifications and cost. The bizarre appearance of the Cybertruck is a
necessity to keep costs low for these specifications. The price and
specifications of this vehicle are so compelling that it is a viable
alternative to a conventional car. I would normally never buy a pickup truck,
but I will be getting the Cybertruck as my daily driver. It costs the same as
my Tesla Model 3 and has so much more capability and room. Should be great in
heavy snow and won’t rust from the salt used on streets in the winter in the
Chicago area where I live. Won’t need to worry that one bird shit will stain
the car forever. The only downside when
compared to a car is its large size which might cause issues with parking in
some areas. The pickup truck will use more electricity per mile driven then the
car but the additional cost difference is not as significant as with internal
combustion pickup trucks. Once the general public understands this, there might
be a whole new segment of population that will opt for the cyber truck instead
of a car. Power outage in the house? Run an extension cord to Cybertruck and
get by with powering essentials like phones, broadband modems, and rechargeable
led lighting. You could even cook with an instant pot or induction cooker. Also,
Elon confirmed on twitter the car may have a solar option for the bed cover
that can add some range when the car is parked in the sun. I don’t care that
other people may not like how this looks. If they want something that looks
like a regular pickup they will pay more and get less. Not a choice that I
would make. I would like to see this low-cost polygon body concept scaled down
to a mid-sized SUV with three rows of seats with the last two rows foldable and
removable. This would be a better alternative to a family car than a pickup
truck. Scaling this down to an urban hatch back the size of a Honda Fit should
allow an EV with a range of 200 miles for low $20Ks in couple of years.
What we have is a Cyber Platform built on CNC , scoring, bending and welding.
Different models such as Vans or SUV's or People Movers or even sports cars are just a CAD exercise
Once America find an alternative to cover oil production without sending the economy into spiraling distress, ev/Tesla will take over
I sincerely hope that infrastructure for the mass adoption of this car will exists and also that Tesla can mass produce it!
It will change our life like the VW Type 2 + the iPhone did
@bill can you say delorean II?
wow.. those so called interviewers acted like they were giving her a test as though she doesnt know what she is talking about.. she clearly does. my money is on CW
what’s the name of that guy he’s so rude by keep interrupting cathie.
Armband Boy?
I don't know his name, but just call him dipshit, we'll know who you mean.
Pee-Wee Herman
Thank goodness there are smart people that get on CNBC once in a blue moon.
Thanks for inviting Cathie on. Always educational and interesting to hear her perspective.
CNBC panelists will miss out on big gains since they are stuck in their old ways, unwilling to accept Tesla for what it is, a growing powerhouse with a sustainable competitive advantage, and exciting brand
Thanks Cathie, for properly schooling that extremely slow boy! 😂
It feels like a show trial every time CNBC have a Tesla bull on... We get that Dorkin doesn’t believe the Tesla story so you can move on... 🤨
Sean Kavanagh yepper
Cathie will be 100% correct in the long term. Bull case $6,000 share price 2023 is likely.
No. Share price will be up, but $6,000 isn't logical.
no way all major established car companies will lose to Tesla. Not with Elon at the helm at least, he's makes too many irrational decisions.
Cathie, the first person who talks sense regarding Tesla. Thank you. Shame they keep interrupting you.
stupid interview questions...don't compare apple with orange
Don't know how many people agreed with your stupid opinion. But if there was one company to be compared to apple is tesla. Tesla is following apple's blueprint
@@mannyb332211 he isnt saying its not like apple he is saying they are trying to compare tesla that isnt an auto company to other auto companies apples to oranges is a saying tesla is a tech company not an auto company cars only make up a part of there business
2008:
Some guy:
How many phones Nokia sell per year? What is the market cap of Nokia?
Noobmaster u dont get it
I*
Hahaha... Oh the comedy. Great analogy @Noobmaster.
I like how Cathie Wood is so clear-minded about Tesla.
true believers always are! Does't matter if it's right or wrong.
Tesla is creating another Kodak moment where Kodak lost out to digital cameras, and how Amazon crushed Sears catalog. That is what Tesla is doing to Ford and GM.
I think Cathy Woods is correct, I think Tesla doubles each year for the next four years.
Tesla advantages:
- AI hardware
- lower battery cost
- 7 years of data, billions of miles
- established charging infrastructure
- safest cars
- Proprietary charging infrastructure
- Safest cars on the road today (all cars, worldwide, by a large margin)
Rik Heijmen
Thanks. I added your inputs to the list.
Elon also said in the gran scheme of things that 100 gigafactory can power the WORLD
= buy the stock.
The fella at the end trying to tie Te$la’s future EV/autonomous to Toyota’s current lead made a boyish fool of himself.
Andrew Sorkin is such a boy. He doesn’t understand anything.
Yeah it doesn’t seem like he is genuinely interested in the answers to his questions. He is clearly pushing an agenda that’s not based on reasoning
Marc Smith when you don’t understand you ask a question that’s how learn I think he did a good job grilling her it’s better than listening and believing just because you like something
Sphinx00 it’s not about asking questions. My point is that he doesn’t even listen to the response as he constantly interrupts her. To me that shows that he is not genuinely interested in “learning”
@@sphinx0036 yeah he was distracting her and disrupting her flow just for the sake of doing that. He was not deeply questioning her at all. What a tool.
Units shifted is all very well for the likes of Toyota and VW but there is also the sale value. Bentley may sell just 1,000 cars but at $250k each. If VW sell cars for $10k then they have to sell 25,000 of them to compare. Tesla Model 3 was the third best selling car in the UK in August (that's all cars not just EVs to address the confused interviewers) but on SALE value, Tesla hit number one. Pretty good going for a 10 year old company. Of course it will be worth squillions in a few years, they haven't even got to the big UK sellers like Model Y.
Cathie got CLASS
Henry Rinne, she got BRASS too!
Squack Box, don't forget Tesla's Solar and Grid storage business. Not just a car company.
Killroy
You left out the Falcon Heavy rocket, Starlink, Neurolink, The Boring Company there’s more...
@@superloose5632 , You are talking about SpaceX, and other companies, not Tesla. Yes, Elon Musk is involved, but not Tesla.
Cathie is my hero!!!!!
CNBC's big oil and big auto advertisers require that the hosts interrupt Cathie and minimize her positive outlook for Tesla.
CNBC lies
These anaylist keeps comparing tesla to other auto manufacturing in trying to grasp Tesla's stock worth. I'm surprised that these folks hasn't come to realize that tesla is an energy , battery, solar, AI, EV, and technology company.
Dont let the guest say a single word without interrupt
CNBC is so biased against Tesla because they won’t give them advertisement $$$... shameful.
CNBC hosts are FINALLY turning the corner and becoming interested.
Also ARK Invest will be larger then BH in value, mark my words.
It's simple. Value it on future cash flows. Not past. EV/Autonomy is the future.
Go Cathie! The last point was to try to question Teslas market cap relative to VW and Toyotas 10M sales/y (10-15% of ICE market each) . But Cathie is right stating that Tesla is not a traditional car company and cant be valued like one. In other words the value can be much higher because the self driving race is dominated by one maker - Tesla. The others (Daimler, BMW and Audi as one example ) has to unite to develop a self driving system. Notice. BMW..... Daimler.....Audi...... prestige brands has to unite...... What does that say about how far ahead Tesla is.
And we should not forget that Tesla also has its energy business. Often left out from the M C equation.
Why would anyone buy Gasoline Car in 2019/20?
it's obvious
does this guy not realize that in the future gas cars will be banned? lmao the EV market will be the only market for autos, there will be no gas car sales lmao
That is decade's, decades away. Why even bring this up dude it hold no relevancy to this video
@@felixnkrumah3560 Only a few decades in China and Europe.
@@takanara7 bruh
@@felixnkrumah3560 Umm China is one of the biggest auto markets. ICE ban in dense cities is going to happen much quicker more like in 1 decade. A car which you can't drive into a city is basically a horrible redundant product. Just because you can drive it in more open areas and it's still legal there does not make it an appealing product.
Yes, beginning with diesals first. Many Cities are banning their use beginning mid 2020's. Not far away at all.
Why do CNBC male anchors are keep disrupting guests presenting Tesla? This is 2nd time I'm seeing from two different hosts. Let the guest speak and explain their cases rather than you push your skepticism or hidden motive to defend ICE automotive industry.
Tesla is iphone right now while everyone else is still Nokia thats right their not even black berry yet
We love Cathie Wood - keep doing a great job! The most intelligent analysis I have heard for Tesla. From a senior IT background I can verify Tesla and Ark Invest's justifications for Tesla being 3 + years ahead of the competition on EV drive-train and autonomous driving. The hurdles and the hard work have all been passed - all the pieces are in place
Cathie as always comes super well prepared, with relevant analysis of how many EVs she expects will be sold over the coming years and how much Tesla's projected market share is of this. And along comes CNBCs dumb irrelevant questions confusing and wasting time.
6:44 is such a great point
Ahahahah Tesla is killing it! CNBC got a smack in the face 😂🤣
Today is July 17th, 2020 and Tesla is $1500 a share...Good Job Cathie !
Andrew's argument: How could you call Apple successful when they're still selling Nokias?
Henden G lol tru
Total auto sales in the USA or the World? Big difference
It's a new product... iPhone was not a cell phone -- it was a new product, a smartphone. Motorola and Nokia did not even compete in the smartphone market until much later, and then their smartphones sucked. The fact that smartphones and cell phones both make calls does not magically turn them into the same product. Cell phones disappeared, just like cars v carriages.
Actually Nokia was making smartphones for years before the iPhone. Several companies were. For example the Nokia 9300i with Symbian OS had a Microsoft Office compatible suite, ran Java apps, opened to reveal a full keyboard and not only handled email, the thing could actually do faxing as well. Apple's IOS with a capacitive full-screen interface and simplicity was a total game changer. Also, Nokia's N-series devices even ran linux the same year the iPhone came out. Mobile hacking delight back in the day.
@@p.t.9709 You do realize there were EVs made before Tesla?
@@CeBePuH Absolutely. At the turn of the prior century there were electric cars with ranges of 50-80 miles. However, Mr. Ford's work with assembly lines, duplicatable processes, etc and a number of economic and geo-political factors spurred the growth of ice over EVs. More recently GM's EV1 late in the century was a practical option for many before it was suddenly scrapped.
@@p.t.9709 Exactly. Laptops do not compete with desktops. Both are computers, technically. How many people even own desktops any longer?.. Tesla defined a new product category. Granted, cars are not cell phones, their adaptation will take a bit longer, but the outcome is likely to be identical.
The guy at the end really thought he got her but literally 10 seconds before she explained how they are more than a EV company
CNBC is shaking with fear about Tesla continuing to succeed hahaha
In 5 years EV Sales will take over ICE vehicles. TSLA is way in front of everyone.
Is this Shark Tank or what?
Here in Norway EV sales are higher than ICE cars, about 57% so far this year. Tesla is number one with market share of 15% then VW comes in at 13% (of EV sales). When I travel to other countries I see the difference of cars on the road... well, EV's are the future. Tesla is the future. Thank you Cathie for making me invest this past summer!
ps. Norway has most of its energy coming from hydro. But also a large portion of oil export... :/
A 17% market share of a 90 million car market is 15.3 million cars. A third of that is 5 million cars. Tesla needs to grow to meet the market. If they doubled sales and production every year for 5 years it could be done.
But in future the auto market will be much smaller than 90 millions sales person anymore. It has already shrunk to 78 m this year from its peak of 87-88 million two years ago. Ride sharing and mobility services will shrink it to not more 50 million units a year. 17pc of 50m is not that big sth like 8 million.
So unprofessional when the host keep interrupting the guest...
People love to talk about the market caps of Ford, GM, Volkswagon in comparison to Tesla but they totally ignore the value of the bonds those companies have issued. Their share price is low because their massively in debt and could go bankrupt easily, thus a low share price.
How does it compare with the Canyonero?
CNBC trying to lay traps for her, but she handled them like a pro.
Thank God she was right...and beyond!
1 day later, TSLA has touched $350.
Antony Reed - Brain Spanking $450.00 two weeks later
I get excited that Kathy Wood is doing an interview and we get to hear her point of view however my excitement is meant by CNBC anchors bombarding her with irrelevant questions
Cyber Truck was engineered to be the toughest consumer truck bar none... And... it will be "crowned" the toughest truck on the market!! I can't wait to see what it can do off road!!!!
If the EV market keeps growing the collapse of oil and gas (coupled with energy storage) this is going to be a huge shift dare I say good bye opec and good by Exxon mobile and the rest
I also like what will happen to Putin and the rest of the Russin mafia when oil collapses.
well you will have to wait some decades again to see that happen good luck to see electric aircrafts and ships around the world
Le Chat Botté doesn’t take much for them to hurt just two days ago US Energy companies were hanging off the edge of a cliff hopping that OPEC reduced production let me say that again American oil and gas companies were on their f$&@ knees praying that OPEC their sworn enemy cut production to help them continue to do business with 600billion in debt vs 60billion in profits Doesn’t Take a rocket science to see those numbers and know somebody’s in trouble
@@jemezname2259 russia is going heavy on natural gas right now, i think they want to shift out of oil business because they know its on crash course.
Wood rocks !!!!!!!
Tesla is not an auto company. Best line ever.
The big problem is ranged declines tremendously when towing heavy loads.
.. And that moat is widening..
I am pretty sure Tesla has some awesome announcements to make during their battery and drive train investor day.. they have not bought Maxwell and Hibar for nothing, Tesla will use that technology to improve battery technology with higher energy densities, expand production, and lower battery costs even more.. It has to be seen how the legacy auto companies deal with that, are they investing enough? Will they be able to compete with Tesla? Sure they are investing in EV tech also right now, but is it enough? can they keep up with Tesla?
You want some life changing advice, whatever CNBC does, do the opposite.
And whatever Kernen says, believe the opposite.
He tried to give us a headline and ended up being the headline.
I never considered getting a truck until the Tesla CyberTruck.... I love the look, AWD and, of course because it's an EV. ⚡️ ❤️
I love the way Cathie explained the TSLA case in the face of naysayers.
Tesla: cars, batteries, autonomous vehicles, renewable energy
renewable my ass
That guy would not STFU! Great job being patient there Cathie!
Can CNBC let that guy comment again? $700 turned out to be way conservative.
Fast forward to2023😂😂😂
Kudos to Cathie for her patience and dealing with the CNBC fudsters. She's class all the way with a smile as they try to trip her up.
I own TSLA stock & will purchase the 3 motor CYBERTRUCK when my reservation comes up. 🤟
how much is marketcap of a horse?