I’m not shorting the stock, but I’m a millionaire, soon to multi for investing in winners. I’m 41. Started with $5,000 at age 22. You lost. Elon is a grifter. It’s done. ✔️ ☠️
I think elon is a scum snake 🐍 oil salesman that only did well with his EV mars idea after taking advantage of dumb government EV subsidiary credits but it’s a losing cause not based on logical reasoning. I could be wrong; but I’m not.
Well I suppose Elon's racism and blatant lying about his products would be a good starting place if you seriously want to understand why people dont like him.
@@rajivpaladugu8445 That he's a SHORT that will say almost anything...including that She's a BAD FIDUCIARY., which isn't true...and that Solar City purchase has ANYTHING to do with current Tesla business not being viable. He's spewing Fossil Fuels FUD. The OTHER Legacy OEMs struggling with EVs is to TESLA's (and BYD's) BENEFIT. .
I don’t always agree with Steve, but he’s spot on with this. EV fundamentals are taking a huge hit and prices are dropping, China is eating their lunch in the non-US market, the products are stale, quality has always been an issue, and biggest of all - Elon will put out statements knowing full well they aren’t realistic nor achievable. He’s drunk his own Cool-aid for far too long.
She initiated by making false accusations. Instead of feeling inferior and acting defensive, she could have simply agreed with his outlook and add to his point of view. Almost all institutional investors are holding back for the exact reasons he mentioned. So, simply agree with his statement. The false accusations about him hating Elon, and all this nonsense was completely unnecessary! Plus, she herself agreed with the institutional investors outlook on the company. She could have simply agreed that those exact reasons he mentioned are a major concern for insitititions but despite this, it may be compelling enough for risk-on long term retail investors. It’s that simple! Weiss is a high level professional who should be spoken to with respect. The complete disregarding of his very valid points and unnecessary low-blow on live television is of course enough to trigger someone. Now, could he have simply laughed and walked away? This is probably ideal. But this was not his fault. Diplomacy matters.
@@user-tb8ro5ik7w WRONG. HE insulted HER first...taking a shot that "She's NOT a good Fiduciary to her Investors!" Cheapest shot he could have taken. He's a F-up on this that has routinely been wrong...and is a hater. Anyone that has watched him should know that.
Steve is making the same arguments that bears have made for the last 10 years, while the stock is up 10X. Maybe he'll be right this time. Let's look back at this in a few years.
Tesla has been a China story for the last 5 years and that is over. Multiple chinese ev's are better than tesla at a lower price--margin contraction is killing tesla.
@@rajivpaladugu8445 Except you're WRONG...and Tesla is still doing well in the most competitive EV market on the planet. They Outsold BYD in BEVs AGAIN.
It's not about liking him, it's about what he is doing. She doesn't even own the stock in her fund. She owns it personally, which could be puny 100 shares.
Not sure why SW is on so often. He consistently attacks people's character and is often wrong on major moves (e.g. Tom Lee, Jim Lebenthal, etc.). If only there was a way to buy SW for what he's worth and then sell him for what he thinks he's worth.
Bryn is perfect and correct, Steve is lying and incorrect as he is shorting. All shorts are lying to bring the stock down. He said nothing correct??????? She was amazing!!!!!
Realest quote from this clip “You just don’t like Elon” 😂😂😂😂 I totally agree. She mentioned the bull and bear case for the stock and his focus was vilifying Elon.
@@rajivpaladugu8445 It's the most innovative company on the planet. It's still the leader in BEVs and will crush the US Legacy Brands like GM and Ford who are slowing down because they can't think past a single quarterly bonus check for their CEO's. Tesla Supercharging about to get ALL the EVs in America as NEW Customers. Tesla will do fine and dominate the American Market.
Steve has good arguments, but he does get personal at times. The stock market has been crazy the past month, and I'm sure the pressures are big specially for these portfolio managers.
Good point Telsa has no governance plus it is a high tech company, but the end product is a low margin automobile that has a huge cost to manufacture. I would neither buy Telsa nor would I short it.
I dont think he got owned. That would be giving Bryn too much credit. I think it’s more the case that he simply made a fool of himself. If Bryn said nothing, he still would have made a fool of himself, perhaps even more so.
@marcuskorell2930 Elon lied. He said the affordable car could be here by 2025. Only fews weeks ago he was cancelling the idea. No way it will be released in 2025.
Bryn is awesome, Steve is good, the host is always solid. Both put money where their mouth is. Both somehow are right and or wrong depending on market timing/drama. Facts seldom matter with stock price? Most only lie when they have to tell the truth? I want the hot mic after camera stopped rolling. Great show cnbc.
Regardless of whether Steve is right or not, it's pretty classless to question your fellow panelist's fiduciary responsibility. Differing opinions are what makes a market. Don't know why he was all riled up today, especially with Bryn. Usually he's jawing at Lebenthal or the Judge.
He is a grown man, so let him be and do what ever he wants, including laying off 10%+ employees on one hand and asking for $57 billion for himself on the other hand.
"He is a grown man, so let him be and do what ever he wants" - besides TSLA, there is no BOD that takes that attitude toward a CEO. In fact, if that's the attitude, what's the point of even having a board?
The EV sector Spring Dips equals larger Summer Surge. * FSRN.. Up 115 % week.. Fisker...Growing global dealerships.. Tesla....* PSNY.. Polestar...* SRFM.. Surf Air Mobility.....* PLUG....* QS....* Frey and more. Loading the Dips in April.?
This was an awkward few minutes, but I love this show because it's authentic. Thanks Steve and Bryn, while you may not have a coffee together, your service to the retail investor is appreciated.
@@christophernash1846 He's just as wrong as ALL of the short sellers have been the ENTIRE history of Tesla. Still the Best Selling BEV manufacturer in the world. Still taking market share and EVs are continuing to grow...while the ICE market will shrink. He lied about a LOT of things...especially the Drug Use. NASA DRUG TESTS him...and gave him a clean bill of health.
Tesla is the greatest company of our time. And Elon is the equivalent of 1. Thomas Edison, 2. Henry Ford, and 3. Albert Einstein . The guy runs 4 or 5 companies at the same time. He is the reason EV's are so popular and a better mousetrap of our time. I have owned the stock for 5 years and will not sell a single share unless the business goes astray. It is going fine with a few bumps in the road. Stay the course.
Yup keep it up. 30% decline in just a few months . SRFINITELY worth a $56 Bil pay package while laying off workers and cutting them short on severance.
Steve highlights the fatal flaw at Tesla....it's Musk. Tesla lives, and will die, based on Elon Musk who clearly is experiencing increased irratic, irrational behaviors resulting from unaddressed mental disorders. My guess is he leaves the company within a year, based on the patterns of those with similar disorders, e.g., Nicholas Tesla, ironically.
@@christophernash1846 I am not an idiot, neither am I living in a well. But Elon's other companies doing well, will not automatically benefit Tesla's shareholders.
Steve Weiss keeps saying these are just facts. But he sure has a poor interpretation of what those facts may mean. If these things were presented in the larger context the story would be much clearer. Try comparing their performance to the rest of the world and industries and the view would be much prettier. A lot of bs in my understanding of what is happening.
I actually liked the interchange between the two and they bothvmade valid points. However, I agree with Steve that Tesla is going lower......much lower. Turns out , its just a car company afterall.
@BranislavB-hx9zy Just over a year ago, I bought Tesla at $112 and sold it for $236. I remember everyone telling me not to buy because it's going to $20... lol. I hope it keeps dropping so I can buy some shares again. Long-term Tesla has enormous upside.
I think discounting the FSD right will allow more users to not only benefit from it but also to test it and to also continue to provide the data for the dojo computer. Robo taxi may not happen overnight but as soon as infrastructure begins to allow for it and safely, IE maybe dedicated lanes for robo taxis instead or rail systems for public transportation, maybe? Also, Tesla does not need subsidies, Tesla is all about efficiency and innovation, BYD is copy and be subsidized. BYD will not be profitable here in the US because the PRC will not be as motivated to subsidize it as much if built out of China, not to mention the heavy tariffs that BYD will have to absorb. That is why Tesla is establishing itself in Asia.
They he literally raised prices one day and a half ago before this interview. Raised by 10% in the United States by not giving inventory discounts except on test drive vehicles. Those inventory discounts were always there. The guy is either dishonest or more likely clueless.
No governance, no independent voice is false. It’s funny he references the book to put himself in a place of authority and the book talks about arguments between musk and Kimbal that are intense at Tesla. Solar city acquisition was challenged in court and found no wrong doing by Elon. Gov telling Tesla to not buy Solar city bonds (False) Glass for house window false. Also he lives in boxabl essentially a mobile home. Drug use - half true because he did take a puff of a weed cigar and has a prescription for ketamine.
His argument is that this company is so mismanaged by Elon that you are violating your fiduciary duty investing in it. Just a pretty biased place to start an argument. Which is why she called him out for “you just don’t like Elon”
Steve is actually spot on with this one. Tesla’s sales , just like the rest of the EV market are slowing significantly, price cuts are killing resale, the Chinese are eating their lunch in the global EV market, the quality is not great, the models are stale and in dire need of refreshing, and Elon will just say anything publicly without regard to whether it’s factual or even acheivable.
He's talking rubbish. EVs are booming in China, BYD is beating even Toyota in sales. 1-2 bad quarters globally in ev sales & he says all demand has all dried up 😂. The reason traditional auto car makers are putting a hold on their ev production is that they simply cannot compete with Tesla,byd and now xaomi. Tesla is well placed to rude the coming wave IMO.
Don't know why the other guest kept going back to, "You just don't like Elon" or what that has to do with anything. I believe that fundamentals, macros, and corp. governance are all that matter.
Looking at this slide in TSLA reminds of GM last year. So many were calling for GMs demise and how labor strikes will hurt their earnings, how the stock is over valued, how auto sales are falling, etc. Look at GM now. I think TSLA will get its groove back.
Steve Weiss definitely had a very bias bad opnions toward Elon as Brynn pointed out. And he should not be a "Investment committee" if he could not be objective... he definitely wrong about Tesla! As Scott mentioned, lots of short investors lost billions of dollars in the past 10 years or so... i totally agree and support Brynn's point of view and she usually almost right on most of the stocks that she has opinions on... i would trust her view, not Weiss. Go Brynn!!!
I am taking no sides, but there is no such thing called "objective" investors. You put money on anything, trust me, you are biased (either bullish or bearish).
@@CanYTrespectMyPrivacy You can still argue both sides to see the opposing views. Steve Screaming about DRUG USE...when NASA has Drug Tested Elon for the last couple of years and said he passed with flying colors.
Coming from someone who is a musk supporter, Weis makes an incredible case. He really brought up the major concern of the company from the perspective of an institutional investor, which is quite frankly extremely important. Institutional investors are what drive price appreciations. So, if they are not incentivized, the stock price will show. With that said, as negative sentiment becoming more prominent, this could be an incredible arbitrary opportunity. However, this woman’s response to Weiss was very naive. Weiss isn’t attacking elon. He was instead addressing the concerns of institutional investors, all of whom are critical players with regards to a company and its stock price. So, his perspective isn’t something to disregard as easily as she did. Her response was naive, lazy and overall extremely POOR. If you consider yourself a professional, you need to do better. Respect to Weiss and his authenticity.
Her passive aggressiveness, and lack of wisdom and diplomacy were enough to reflect her incompetence. I can understand why Weiss was offended. The disrespect she showed was unbeleivable. To disregard someone of such stature is incredibly disrespect. I just wish Weiss would have taken off his mic and walked off. I’m sure he’s got better things to do then argue with some bimbo.
Weiss lied. "Elon is building a glass house!" "Elon bought X and his posts cost investors money!" "Elon is a Genius druggy!" "Elon spent NASA money on Solar City!" To be fair, that last one was probably true, who cares? SpaceX is King. The Gov should be bending over backwards to give them anything they want.
I agree with you. I thought Weiss made a lot of credible statements to support his argument. I like Bryn but I thought her counter arguments were weak. She responded by personally attacking Weiss. Her statement “Wisdom is chasing you, if you could just stop, Steve” was inappropriate.
Five minutes ago I just checked the Tesla website to see if Musk raised prices on inventory cars like he said he would do. I can see the cars are not discounted any longer. Steve should have checked out the tesla site before calling Musk a liar. He dislikes Musk, it’s obvious. And his short position on Tesla is emotional. That’s a bad mistake to make when investing in the stock market.
Steve W has always been grumpy and pessimistic and it hasn’t paid off. There’s no guarantee but if you’re a long term investor, the past can be very valuable to consider.
Steve doesnt believe in elon because he has been shorting Tesla for 5 years 😂😂😂
Actually he has NOT been shorting for five years. You don’t listen well.
Actually, he doesn't believe in MUSKrat because like most of us....He knows Elon is a Di*k!!!
if oil prices climb to 105 bucks, he will be the first one to buy it
Tesla is a dying cat only idiots don't realize that
Looks like he has been losing tons on money shorting Tsla
Wow, did Steve miss his daily dose of coke today ?
I think you mean Joey Biden.
the vampire didnt drink his blood this morning
You lose. You get nothing. Steve is 💯
Vampire didn’t touch his short pp this morning
😂😂😂good one. Cranky old man!
He just said he is shorting the stock so of course he will talk negative about it 😂😂😂
I’m not shorting the stock, but I’m a millionaire, soon to multi for investing in winners. I’m 41. Started with $5,000 at age 22. You lost. Elon is a grifter. It’s done. ✔️ ☠️
I think elon is a scum snake 🐍 oil salesman that only did well with his EV mars idea after taking advantage of dumb government EV subsidiary credits but it’s a losing cause not based on logical reasoning. I could be wrong; but I’m not.
“Wisdom is chasing you if you would just stop”😂👌
I will be using this line in the future..😁
Great response Bryn, not sure why so many people dislike Elon.
Hilarious.
Well I suppose Elon's racism and blatant lying about his products would be a good starting place if you seriously want to understand why people dont like him.
Bryn likes tesla so much she is keeping all the shares to herself and not buying any for her clients
take off your rose colored glasses, hes far from perfect
@@briantep458 Did someone tell you that Elon is Jesus? I don't remember Jesus helping anyone. That makes Elon much better than Jesus.
I used to enjoy Bryn’s comments. Now I really, really admire her calm, intelligent, well thought out discourse. Much Respect to you Bryn. 😁
What exactly was her argument other than being an elon fangirl?
She is going to calmly GET KILLED, hahaha. Teslas are garbage. Musk has no idea how to build cars. Zero quality control. Hahaha
"You just don't like Elon" is not much of an argument but she went to it twice.
she's good looking too for an older lady
@@rajivpaladugu8445 That he's a SHORT that will say almost anything...including that She's a BAD FIDUCIARY., which isn't true...and that Solar City purchase has ANYTHING to do with current Tesla business not being viable. He's spewing Fossil Fuels FUD. The OTHER Legacy OEMs struggling with EVs is to TESLA's (and BYD's) BENEFIT. .
Weiss is such a DB.
Maybe you should remind Weiss about his $2,000 projection for Moderna, and many other of his missed calls.
So you agree, you are wrong on TSLA
Steve made a sound argument. Lost his cool. Unprofessional!
You just hate Steve
it was a pretty good argument until they started to slowly take shots at each other
I don’t blame him for how he acted. He was actually quite good at keeping his cool after that low ball statement she made about wisdom chasing him.
He definitely made sounds but none were good anything.
I don’t always agree with Steve, but he’s spot on with this. EV fundamentals are taking a huge hit and prices are dropping, China is eating their lunch in the non-US market, the products are stale, quality has always been an issue, and biggest of all - Elon will put out statements knowing full well they aren’t realistic nor achievable. He’s drunk his own Cool-aid for far too long.
I’m sorry, but this guy is totally disrespectful to the other host
She initiated by making false accusations.
Instead of feeling inferior and acting defensive, she could have simply agreed with his outlook and add to his point of view.
Almost all institutional investors are holding back for the exact reasons he mentioned. So, simply agree with his statement.
The false accusations about him hating Elon, and all this nonsense was completely unnecessary!
Plus, she herself agreed with the institutional investors outlook on the company. She could have simply agreed that those exact reasons he mentioned are a major concern for insitititions but despite this, it may be compelling enough for risk-on long term retail investors.
It’s that simple! Weiss is a high level professional who should be spoken to with respect. The complete disregarding of his very valid points and unnecessary low-blow on live television is of course enough to trigger someone.
Now, could he have simply laughed and walked away? This is probably ideal. But this was not his fault.
Diplomacy matters.
Steve is intelligent and non delusional like all of you fools driving Homer Simpson cars. You lost: it’s over.
@@user-tb8ro5ik7w WRONG. HE insulted HER first...taking a shot that "She's NOT a good Fiduciary to her Investors!" Cheapest shot he could have taken. He's a F-up on this that has routinely been wrong...and is a hater. Anyone that has watched him should know that.
@davidc2838 you are correct. He went way low here.
Steve is making the same arguments that bears have made for the last 10 years, while the stock is up 10X. Maybe he'll be right this time. Let's look back at this in a few years.
Tesla has been a China story for the last 5 years and that is over. Multiple chinese ev's are better than tesla at a lower price--margin contraction is killing tesla.
@@rajivpaladugu8445 Model Y is the best selling car in China and the world.
@@tomle6201 Problem is margin contraction. China EV's are as good at a much lower price point.
To be clear, 4 of those last 10 years have been downward, with no end in sight. Yes, it had a good pop.
@@rajivpaladugu8445 Except you're WRONG...and Tesla is still doing well in the most competitive EV market on the planet. They Outsold BYD in BEVs AGAIN.
She’s right, he doesn’t like Elon 😂
Does the elon fanboy/girl cult care about the facts Steve made?
Steve was right too, but Tesla fangirls will ignore that part
It's not about liking him, it's about what he is doing. She doesn't even own the stock in her fund. She owns it personally, which could be puny 100 shares.
@@rajivpaladugu8445 no, they are in Tesla la la land.
EV’s are the dumbest car ever created…hahaha. No body wants the USELESS CRAP
The saying is wisdom has been chasing you, but you've always been faster
She was trying to insult his unintelligence in a nice manner
@@elcaro5140 I know. She also did it wrong.
Ahhh I get what she said. She said stop running faster than wisdom. Gotta rewatch it to understand. Thanks!
She said a variant of this, which while not exactly the same, still makes sense. Run it back
It’s definitely going lower after earnings
Good? Just buy more. Have you been in a Tesla? Amazing.
Long time investor, love the company and everything they are doing even now but you are correct it will tank and I will shovel it into my account.
I've been out of Tesla stock for a few months and anxious to buy back in. I will start buying a few shares when it gets down to $140.
@@BobbyDon8How do you value the stock. ? why $140 ?
It will retest $109
Not sure why SW is on so often. He consistently attacks people's character and is often wrong on major moves (e.g. Tom Lee, Jim Lebenthal, etc.). If only there was a way to buy SW for what he's worth and then sell him for what he thinks he's worth.
Short SW
Remember how he promoted VW and Porche a little more than a year ago? It was a fiasco. Steve, sorry, but you’ve lost credibility.
He is a perma Bear.
We'll see about this one. I'll be back here after Tesla reports earnings.
I thought Steve's "Cowgirl hat" remark to Jim Lebenthal was great!
Steve is wrong most of the time.
At least on TV
even if you are wrong, you can just use the cathie wood playbook "in five years time we believe blah blah blah"
Wait what? He's the only one who was right throughout 2023 with his bearish view
@@ppandit7091 Broken clock is right once a day, hence all these fools like Michael Burry etc...
Steve "Drugs are Bad " Weiss
Incredibly disrespectful guy, on tv, for making same old argument bears have been making for past few years
Tesla china story is over, margins done. Cybertruck is a disaster elon pet project.
Bryn is perfect and correct, Steve is lying and incorrect as he is shorting. All shorts are lying to bring the stock down. He said nothing correct???????
She was amazing!!!!!
Hey Steve, How is your shorts holding...lmao 🤣🤣🤣🤣
Buddy Steve got wrecked on his Tesla short.
Realest quote from this clip “You just don’t like Elon” 😂😂😂😂 I totally agree. She mentioned the bull and bear case for the stock and his focus was vilifying Elon.
She really didn't present any case to own the stock.
@@rajivpaladugu8445 It's the most innovative company on the planet. It's still the leader in BEVs and will crush the US Legacy Brands like GM and Ford who are slowing down because they can't think past a single quarterly bonus check for their CEO's. Tesla Supercharging about to get ALL the EVs in America as NEW Customers. Tesla will do fine and dominate the American Market.
Name one innovation that Tesla brought to the car world.
this dude is an epic clown
he is 100% right. you are just an elon fan boy
@@ABanRockswell, you got him there!
Steve has good arguments, but he does get personal at times. The stock market has been crazy the past month, and I'm sure the pressures are big specially for these portfolio managers.
Steve brought $BABA, yet he talked about duty of custodian!
Good point Telsa has no governance plus it is a high tech company, but the end product is a low margin automobile that has a huge cost to manufacture. I would neither buy Telsa nor would I short it.
This aged like a fine Bordeaux wine
such a dumb comment because over time, everyone is eventually proven wrong, or right
@@briantep458 and in some alternative universe you realized that your answer to this comment didn't make any sense so you decided to not post it.
Steve Weiss has been knocked off from the TV debate. Great response by Bryn Talkington.
I gained a lot of respect for Bryn today. We should all strive for that degree of emotional intelligence.
Wow this is another one going down in history like the one we had between Mr Bill akman and Carl Icahn, good argument,
Steve got completely OWNED and didn't even know it.
I dont think he got owned. That would be giving Bryn too much credit. I think it’s more the case that he simply made a fool of himself. If Bryn said nothing, he still would have made a fool of himself, perhaps even more so.
Steve is going to get roasted, he just can't see the big picture.
He will make a lot of money from his shorts after earnings.
@@ABanRocksstrike! 🎉
Gutter ball
@@ABanRocks well, that didnt work out!
@marcuskorell2930 Elon lied. He said the affordable car could be here by 2025. Only fews weeks ago he was cancelling the idea. No way it will be released in 2025.
Bryn is awesome, Steve is good, the host is always solid. Both put money where their mouth is. Both somehow are right and or wrong depending on market timing/drama. Facts seldom matter with stock price? Most only lie when they have to tell the truth? I want the hot mic after camera stopped rolling. Great show cnbc.
Regardless of whether Steve is right or not, it's pretty classless to question your fellow panelist's fiduciary responsibility. Differing opinions are what makes a market. Don't know why he was all riled up today, especially with Bryn. Usually he's jawing at Lebenthal or the Judge.
Bryn is a an instant legend!!!!!Totally put Steve on tilt. Stevie was obnoxious and unhinged. CNBC, please have Bryn on regularly.
Mr. Weiss is so so so emotional when talking about Mr. Musk. How can one take his words seriously on when and where to invest?!
He is a grown man, so let him be and do what ever he wants, including laying off 10%+ employees on one hand and asking for $57 billion for himself on the other hand.
They've laid off 10% or nearly that several times. Yet they have almost 100,000 MORE people than in 2019. Yeah, Tesla will survive.
@@davidc2838 and they STILL only make money from government tax credits.
@@davidc2838 understood, but when u want 50+ bill, then u have to answer
"He is a grown man, so let him be and do what ever he wants" - besides TSLA, there is no BOD that takes that attitude toward a CEO. In fact, if that's the attitude, what's the point of even having a board?
The EV sector Spring Dips equals larger Summer Surge. * FSRN.. Up 115 % week.. Fisker...Growing global dealerships.. Tesla....* PSNY.. Polestar...* SRFM.. Surf Air Mobility.....* PLUG....* QS....* Frey and more. Loading the Dips in April.?
Steve looks so nervous and insecure in this debate, and stubborn with his viewpoints - this is a clear recipe for losing money in the market.
Robotaxi is "probably 5-10 years out"...? 😂😂😂 Hell no like this year.
I’m an engineer and don’t want to work at spaceX or Tesla…. Not until Elon isn’t in charge
This was an awkward few minutes, but I love this show because it's authentic. Thanks Steve and Bryn, while you may not have a coffee together, your service to the retail investor is appreciated.
This proves Weiss trades with his emotions 🤣
I'm sure he had a meltdown after Tesla completely missed earnings and the stock surged lmao
Thanks Steve for the gamma short squeeze!
Time to send Steve out to pasture... I hate to say it, but it's time
He's not wrong about tesla
@@christophernash1846 He's just as wrong as ALL of the short sellers have been the ENTIRE history of Tesla. Still the Best Selling BEV manufacturer in the world. Still taking market share and EVs are continuing to grow...while the ICE market will shrink. He lied about a LOT of things...especially the Drug Use. NASA DRUG TESTS him...and gave him a clean bill of health.
Drew Baglino had been at Tesla for 18 years!
Yep. time for a break.
Why is that guy spouting tabloid-level drivel on a financial investment channel?
Steve.. ‘Wisdom is chasing you if you would just stop’ 🎯
Steve Weiss show a major hater of Elon Musk!😮
Tesla is the greatest company of our time. And Elon is the equivalent of 1. Thomas Edison, 2. Henry Ford, and 3. Albert Einstein . The guy runs 4 or 5 companies at the same time. He is the reason EV's are so popular and a better mousetrap of our time. I have owned the stock for 5 years and will not sell a single share unless the business goes astray. It is going fine with a few bumps in the road. Stay the course.
Elon Musk is not an inventor. He did not Start Tesla. He is nothing more than a high profile Salesman.
“Unless the business goes astray”. Seems to be going pretty far astray.
Tesla down again, worst stock on the S&P 500 for a long time now!
Hilarious how bitter these short sellers have become about tsla. Keep it up Elon!
Yup keep it up. 30% decline in just a few months . SRFINITELY worth a $56 Bil pay package while laying off workers and cutting them short on severance.
He talks about using client funds to buy Tesla, but he uses client money to short Tesla for years and have lost billions in doing so. 😅
Steve highlights the fatal flaw at Tesla....it's Musk. Tesla lives, and will die, based on Elon Musk who clearly is experiencing increased irratic, irrational behaviors resulting from unaddressed mental disorders. My guess is he leaves the company within a year, based on the patterns of those with similar disorders, e.g., Nicholas Tesla, ironically.
That was awesome. We need more guests that willing to speak their mind like this.
Steve is trying to bargain tesla shares for his own profit
What does SpaceX, Neuralink, Battery Storage, Solar City have to do with Tesla anyway???!!
Elon Musk
Elon. 1 genius to run them all.
@@davidbeppler3032 maybe ?
Tesla bought Solar City 8 yrs ago --- they own it
@@christophernash1846
I am not an idiot, neither am I living in a well. But Elon's other companies doing well, will not automatically benefit Tesla's shareholders.
Steve Weiss is CNBC’s perennial clown… along with Nan Dathan.
Steve Weiss keeps saying these are just facts. But he sure has a poor interpretation of what those facts may mean. If these things were presented in the larger context the story would be much clearer. Try comparing their performance to the rest of the world and industries and the view would be much prettier. A lot of bs in my understanding of what is happening.
Awwee Bryn, I believe in you !
Basically it’s like investing in Apple because of Steve Jobs and those who missed out are investing in Tesla because of Elon
I actually liked the interchange between the two and they bothvmade valid points. However, I agree with Steve that Tesla is going lower......much lower. Turns out , its just a car company afterall.
You don't like elon. Spot on! Haha
Total echo chamber in here 😂Tesla down again, worst stock on the S&P 500 for a long time now!
@@BranislavB-hx9zy only bug people use the term ”echo chamber”.
Steve is grinding all of his axes.
Scott is always a class act!
The hatred for Elon increased dramatically when he became a free speech advocate.
Elon stole your money as an investor (not mine since I am smart) but also tax payers. He is a bad bad bad man.
“Free speech?” Fake speech. Disinformation lord, you mean.
Nope! Tesla down again, worst stock on the S&P 500 for a long time now!
@BranislavB-hx9zy Just over a year ago, I bought Tesla at $112 and sold it for $236. I remember everyone telling me not to buy because it's going to $20... lol.
I hope it keeps dropping so I can buy some shares again. Long-term Tesla has enormous upside.
Steve's emotions give him away... If he actually had points that made sense he wouldn't get all shaken up when he's explaining them
Solar city.. His brother's company.. his cousin actually. Guy knows less than me. Why is he on?
Steve is frustrated that people don't listen to him. Why can't they just listen? lol
One of the more entertaining debate Ive seen on CNBC. Almost like watching an MMA match!
I think discounting the FSD right will allow more users to not only benefit from it but also to test it and to also continue to provide the data for the dojo computer. Robo taxi may not happen overnight but as soon as infrastructure begins to allow for it and safely, IE maybe dedicated lanes for robo taxis instead or rail systems for public transportation, maybe? Also, Tesla does not need subsidies, Tesla is all about efficiency and innovation, BYD is copy and be subsidized. BYD will not be profitable here in the US because the PRC will not be as motivated to subsidize it as much if built out of China, not to mention the heavy tariffs that BYD will have to absorb. That is why Tesla is establishing itself in Asia.
One of the buying opportunities of the decade...when others panic.
Weiss is a perma bear fool ideally suited guest for the CNBC cartoon network.
he didn´t sleep well. lost too much on shorts
JUST BUY WHEN IT REACHES OVERSOLD.
They he literally raised prices one day and a half ago before this interview. Raised by 10% in the United States by not giving inventory discounts except on test drive vehicles. Those inventory discounts were always there. The guy is either dishonest or more likely clueless.
Please invite Bryn* back! She is a savage 😂
Edit: Spelling error
Objectively 90% of everything he said is false but he’s not interested in the understanding the truth.
Really?
He's not buying his brother bizness?
Which exactly was false, which was true?
No governance, no independent voice is false. It’s funny he references the book to put himself in a place of authority and the book talks about arguments between musk and Kimbal that are intense at Tesla.
Solar city acquisition was challenged in court and found no wrong doing by Elon.
Gov telling Tesla to not buy Solar city bonds (False)
Glass for house window false. Also he lives in boxabl essentially a mobile home.
Drug use - half true because he did take a puff of a weed cigar and has a prescription for ketamine.
His argument is that this company is so mismanaged by Elon that you are violating your fiduciary duty investing in it. Just a pretty biased place to start an argument. Which is why she called him out for “you just don’t like Elon”
@@bdehart12 I don't think you understand the meaning of the word "bias."
He's making valid points with facts and all she's coming back with is you just don't like Elon? How can anyone have a debate with someone like that?
LMAO she called out Steve for being butt hurt about Elon being Elon.
Steve is actually spot on with this one. Tesla’s sales , just like the rest of the EV market are slowing significantly, price cuts are killing resale, the Chinese are eating their lunch in the global EV market, the quality is not great, the models are stale and in dire need of refreshing, and Elon will just say anything publicly without regard to whether it’s factual or even acheivable.
Where are the Chinese in USA or Europe... where
He's talking rubbish. EVs are booming in China, BYD is beating even Toyota in sales. 1-2 bad quarters globally in ev sales & he says all demand has all dried up 😂. The reason traditional auto car makers are putting a hold on their ev production is that they simply cannot compete with Tesla,byd and now xaomi. Tesla is well placed to rude the coming wave IMO.
This Old dude can play a perfect evil old man in the movie
Way to go Brynn! You destroyed this clown. Best line, you just hate Elon.
Don't know why the other guest kept going back to, "You just don't like Elon" or what that has to do with anything. I believe that fundamentals, macros, and corp. governance are all that matter.
He's "not a fan" 😀
"Wisdom is chasing you, if you could just stop, Steve"
Ohh man
That was hard
😂
It's entertaining
Bryn is savage
Looking at this slide in TSLA reminds of GM last year. So many were calling for GMs demise and how labor strikes will hurt their earnings, how the stock is over valued, how auto sales are falling, etc. Look at GM now. I think TSLA will get its groove back.
What a level headed babe.
Steve Weiss definitely had a very bias bad opnions toward Elon as Brynn pointed out. And he should not be a "Investment committee" if he could not be objective... he definitely wrong about Tesla! As Scott mentioned, lots of short investors lost billions of dollars in the past 10 years or so... i totally agree and support Brynn's point of view and she usually almost right on most of the stocks that she has opinions on... i would trust her view, not Weiss. Go Brynn!!!
I am taking no sides, but there is no such thing called "objective" investors. You put money on anything, trust me, you are biased (either bullish or bearish).
@@CanYTrespectMyPrivacy You can still argue both sides to see the opposing views. Steve Screaming about DRUG USE...when NASA has Drug Tested Elon for the last couple of years and said he passed with flying colors.
Coming from someone who is a musk supporter, Weis makes an incredible case. He really brought up the major concern of the company from the perspective of an institutional investor, which is quite frankly extremely important. Institutional investors are what drive price appreciations. So, if they are not incentivized, the stock price will show.
With that said, as negative sentiment becoming more prominent, this could be an incredible arbitrary opportunity.
However, this woman’s response to Weiss was very naive. Weiss isn’t attacking elon. He was instead addressing the concerns of institutional investors, all of whom are critical players with regards to a company and its stock price. So, his perspective isn’t something to disregard as easily as she did.
Her response was naive, lazy and overall extremely POOR.
If you consider yourself a professional, you need to do better.
Respect to Weiss and his authenticity.
Her passive aggressiveness, and lack of wisdom and diplomacy were enough to reflect her incompetence.
I can understand why Weiss was offended. The disrespect she showed was unbeleivable. To disregard someone of such stature is incredibly disrespect.
I just wish Weiss would have taken off his mic and walked off. I’m sure he’s got better things to do then argue with some bimbo.
What is the women equivalent of mansplaning?
Very well stated.
Weiss lied. "Elon is building a glass house!" "Elon bought X and his posts cost investors money!" "Elon is a Genius druggy!" "Elon spent NASA money on Solar City!" To be fair, that last one was probably true, who cares? SpaceX is King. The Gov should be bending over backwards to give them anything they want.
I agree with you. I thought Weiss made a lot of credible statements to support his argument. I like Bryn but I thought her counter arguments were weak. She responded by personally attacking Weiss. Her statement “Wisdom is chasing you, if you could just stop, Steve” was inappropriate.
Steve is right. Where are these EV sales going to come from?
Five minutes ago I just checked the Tesla website to see if Musk raised prices on inventory cars like he said he would do. I can see the cars are not discounted any longer. Steve should have checked out the tesla site before calling Musk a liar. He dislikes Musk, it’s obvious. And his short position on Tesla is emotional. That’s a bad mistake to make when investing in the stock market.
Elon is a liar. Even if he didn’t lie on whatever you’re talking about, it doesn’t negate his decades long habit of lying 🤥
He said the "funding secured" thing was a lie.
How stupid does someone have to be to invest in Tesla right now?
I wouldn’t like Elon either if I’d been losing money shorting him for 5 years
Amazed how so called debate got out of control... At some point, you have to agree with the disagreement. No need to repeat it.
Steve W has always been grumpy and pessimistic and it hasn’t paid off. There’s no guarantee but if you’re a long term investor, the past can be very valuable to consider.
Steve fight with every one in the panel in the past and then lost most of time. CNBC should just remove him from the guest list.
totally agree!
He sounds like a lunatic
Every statement he made about Telsa is true.
Spicy back and forth
MR Weiss missed the market bull run, he is just old angry man,
Mr short pp lost tons of mullah shorting TSLA during all these years we can understand that he is a bit agitated 😂😂😂
Steve is an Elon Hater. Dismissed
Bryn is right. A Weiss has something personal against a Musk.