Tesla will likely fade over next two weeks, will rebound closer to 2025: Deepwater's Gene Munster

Поделиться
HTML-код
  • Опубликовано: 6 июн 2024
  • Gene Munster, Deepwater Asset Management, joins 'Fast Money' to talk Tesla quarterly results.

Комментарии • 447

  • @Jaymilnere
    @Jaymilnere Месяц назад +1389

    I have to agree with folks that chose NVDA over TSLA as "Stock of the year." However, I'm curious about which stocks could potentially become the next META in terms of growth. I've allocated $150,000 what are the chances of 60% profit over time.

    • @Angelavaldess
      @Angelavaldess Месяц назад +3

      AI will be the next big thing with long-term growth similar to META but don't make blind decisions. if you want to make well-informed decisions, consult a financial advisor.

    • @hullbruce
      @hullbruce Месяц назад

      @@Angelavaldess That's true using a market expert could make lots of difference. I've been working closely with one and through portfolio diversification with good ETFs, S&P 500 and growth stocks, I've made over $250k in profit.

    • @hullbruce
      @hullbruce Месяц назад

      That's true using a market expert could make lots of difference. I've been working closely with one and through portfolio diversification with good ETFs, S&P 500 and growth stocks, I've made over $250k in profit.

    • @hullbruce
      @hullbruce Месяц назад +3

      @@Angelavaldess I think that is a brilliant idea, I tried managing my stock portfolio by myself and I lost 50% of my savings in a very short period. That prompted me to hire a financial advisor. Since then I have made up to $680K in returns.

    • @Jaymilnere
      @Jaymilnere Месяц назад +3

      @@hullbruce I'm glad to have stumbled on this commentary, How can i find a decent advisor like yours?

  • @victoriaabott
    @victoriaabott Месяц назад +1379

    Honestly, this concerns me and has left me uneasy. Especially this potential depression, no more a recession. I bought Tesla stocks to my portfolio and what's the assurance that it will make a rebound in 2025 ? I'm unsure about my account strategy, considering the uncertainty of this whole recession mostly.

    • @Vivienedouglass
      @Vivienedouglass Месяц назад +2

      If you lack knowledge about market investing tactics, get advice from a financial counselor.

    • @kurtKking
      @kurtKking Месяц назад +1

      Agreed! this is why I work with one. My $520k portfolio is well-matched for every market season yielding 85% rise from early last year to date. I and my advsor are working on more figures for this year. IMO, financial advisors are the most sought-after professionals after doctors

    • @Kaustavpatell
      @Kaustavpatell Месяц назад +1

      This is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? I'm in dire need of proper portfolio allocation.

    • @kurtKking
      @kurtKking Месяц назад

      Actually its a Lady. Yes my go to person is a ‘Michele Katherine Singh '. So easy and compassionate Lady. You should take a look at her work.

    • @Kaustavpatell
      @Kaustavpatell Месяц назад +1

      Thank you for this amazing tip. I just looked the name up and wrote her
      up, to schedule a call. many thanks

  • @brianwhitehawker1756
    @brianwhitehawker1756 Месяц назад +1266

    I was advised to diversify my portfolio among several assets such as stocks and bonds since this can protect my portfolio for retirement. I'm seeking to invest $200K across markets but don't know where to start.

    • @Jadechurch-ql3do
      @Jadechurch-ql3do Месяц назад

      the strategies are quite rigorous for the regular-Joe. As a matter of fact, they are mostly successfully carried out by pros who have had a great deal of skillset/knowledge to pull such trades off.

    • @BerryRyan-gl3sm
      @BerryRyan-gl3sm Месяц назад

      Even with the right strategies and appropriate assets, investment returns can differ among investors. Recognizing the vital role of experience in investment success is crucial. Personally, I understood this significance and sought guidance from a market analyst, significantly growing my account to nearly a million. Strategically withdrawing profits just before the market correction, I'm now seizing buying opportunities once again.

    • @yeslahykcim
      @yeslahykcim Месяц назад

      impressive gains! how can I get your advisor please, if you dont mind me asking? I could really use a help as of now

    • @BerryRyan-gl3sm
      @BerryRyan-gl3sm Месяц назад

      Laila artine kassardjian' is the licensed coach I use. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment

    • @lucaswilliams9992
      @lucaswilliams9992 Месяц назад

      Thank you for this Pointer. It was easy to find your handler, She seems very proficient and flexible. I booked a call session with her.

  • @shellywhite2145
    @shellywhite2145 Месяц назад +184

    What are the best additions to a $500k portfolio to boost performance? ETH is Up and will do better, I believe as indicators for profits continue to improve. investors like me believe that “Santa has come early” to the markets

    • @PspTomisi
      @PspTomisi Месяц назад

      I think you're better off with majority investment in bitcoin and uprising equities cos they always outperform. Alternatively speaking to a certified market strategist can help with pointers on which to acquire

    • @shellywhite2145
      @shellywhite2145 Месяц назад

      wow massive gains! my partner recently hinted on going same direction.. what did you invest in, and who is your investment adviser please, if you don’t mind me asking? in dire need of asset allocation

    • @PspTomisi
      @PspTomisi Месяц назад

      ashley airagahi is the licensed advisor I use. Just research the name. You'd find necessary details to work with to set up an appointment.

  • @IrwinFranke
    @IrwinFranke Месяц назад +112

    Investing in this economy is a hell at times for the average person that wants full control of their finances, Even investing in ETF stocks can be risky.

    • @OwenFlex
      @OwenFlex Месяц назад

      I took a hit in the profit department with my stock moves. But hey, every red chart has a chance to turn green, right?

    • @MauroTakeda-nu8nt
      @MauroTakeda-nu8nt Месяц назад

      The question to be asked at times is not if the government or the economy is responsible for the sudden dramatic shifts in the economy but if we are taking the necessary measures to avoid making losses no matter the situation even if the pay roll is not in your favor.

    • @christopherherbert2407
      @christopherherbert2407 Месяц назад

      One of the reasons i follow up these stock videos is to improve the returns of my investments and i can’t really say I’ve been seeing noticeable change though …. I’ll keep following to improve my investment philosophy.

    • @DanielChai-ex3hu
      @DanielChai-ex3hu Месяц назад

      When the returns start rolling in be consistent though! It is essential to stay level headed so as to ensure that fear or greed doesn’t stop you.

    • @SeanJohns-ze8ie
      @SeanJohns-ze8ie Месяц назад

      I’ve been trying to better my returns of recent, on the path of creating smarter investments cause there are so many opportunities.

  • @judynewsom1902
    @judynewsom1902 Месяц назад +132

    With this slipping Tesla stock, I've lost almost $17,000. I don't understand why I can't make gains. The market's extreme volatility might be frustrating. With 250k put aside to invest completely this year, how can I ride this new wave without being burnt again?

    • @HarrisRyan-oy8eo
      @HarrisRyan-oy8eo Месяц назад +6

      Just buy Gold and protect your assets, the stock market is a rollercoaster.

    • @Theresaa12
      @Theresaa12 Месяц назад +5

      Consider diversifying your portfolio with a mix of stocks and stable assets. Seeking professional advice now could provide valuable insights and strategies to navigate market uncertainties and protect your investments.

    • @Debbie.Burton
      @Debbie.Burton Месяц назад +4

      Agreed, my portfolio is well-matched for every market season yielding 85% from early last year to date. I and my advisr are working on a 7 figure ballpark goal, tho this could take another year. IMO, financial advisors are the most sought-after professionals after doctors.

    • @A_francis
      @A_francis Месяц назад +2

      Your CFP must be really good, I hope it's okay to inquire if you're still collaborating with the same CFP and how I can get in touch with them?

    • @Debbie.Burton
      @Debbie.Burton Месяц назад +1

      That would be *Sharon Lynne Hart* You should look her up. I say, to be honest I almost didn't think I should have, but I'm glad I decided to let someone handle growing my finances.

  • @Doracox22
    @Doracox22 Месяц назад +110

    Tesla's stock is stuck in a debilitating downtrend and looks just attractive for a long-term investment once the short-term volatility and smoke settle. Right now i'd just like to appreciate short-term opportunities that could fetch $500,000 or less..

    • @blind_luck_
      @blind_luck_ Месяц назад +1

      If you need advice on short-term investments, consider speaking with a financial advisor. They have a lot more knowledge and expertise in this area.

    • @greekbarrios
      @greekbarrios Месяц назад +2

      I agree with you mate, I have found it takes someone who is very familiar with the market to make such good picks. so i reached out to one that appeared on CNBC news in 2020.

    • @Doracox22
      @Doracox22 Месяц назад +1

      I have not written this sort of comment before but from the your comment, I knew that you have good understanding of investing, How can one reach this advisor of yours?

    • @greekbarrios
      @greekbarrios Месяц назад +2

      She goes by ‘Jill Marie Carroll’ I suggest you look her up. To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did.

    • @Doracox22
      @Doracox22 Месяц назад

      Thanks for sharing. I curiously searched for her full name and her website popped up immediately. I looked through her credentials and did my due diligence before contacting her.

  • @ronsilva7394
    @ronsilva7394 Месяц назад +82

    Says the guy who pumped up Apple on the air while simultaneously selling his position. He is untrustworthy.

    • @redboy-pk4ji
      @redboy-pk4ji Месяц назад +2

      Wow really? That’s disgusting

    • @alexk729
      @alexk729 Месяц назад +2

      Yep

    • @incipidsigninsetup
      @incipidsigninsetup Месяц назад +1

      They all do this, and the hosts know they're doing it. Have you ever seen anyone get called out for it on air?

    • @illegalsmirf
      @illegalsmirf Месяц назад

      To say the least.

    • @Zaerki
      @Zaerki Месяц назад +1

      Yeah he does weird stuff like this all the time.
      No Talking Head has a valuable perspective.

  • @djpaulhannon
    @djpaulhannon Месяц назад +40

    Releases a video, that was recorded before the conference call, AFTER the conference call.
    Top journalism.

  • @NealIRC
    @NealIRC Месяц назад +12

    I support TSLA going down then back up.

  • @davidtunstall6454
    @davidtunstall6454 Месяц назад +64

    Elon basically said I will give you guys rainbows and unicorns at some point in the future because right now we got nothing and the stock went up 15% 😂

    • @AlanTrades
      @AlanTrades Месяц назад

      Yea what a scam lol all of the sudden after dropping g 30 percent, "everyones," all of the sudden bullish? But it's going to fade to 110

    • @HughJass-jv2lt
      @HughJass-jv2lt Месяц назад +1

      Shut up and take my money!
      😂

    • @PelosiStockPortfolio
      @PelosiStockPortfolio Месяц назад +9

      You must not have listened to what he said

    • @luiscaceres4426
      @luiscaceres4426 Месяц назад

      I bought some unicorns… rainbows are next…

    • @biplav32
      @biplav32 Месяц назад +1

      stock also went down 15% before that.

  • @Elaine09q
    @Elaine09q Месяц назад +26

    Another great video, thanks! I think the market is over-heated. And I am concerned that people are focusing less on fundamentals and just chanting the mantra of dollar cost averaging and driving the market higher without considering fundamentals. It is a catch-22 for me. I mean I like stock prices going higher but I also hate buying over-priced stocks and ETFs. Personally, I have stopped buying growth ETFs- they are ridiculously over-valued. Dividend stocks and ETFs are a little better but they are still over-valued. There is some hope with small and mid caps. I am not sure they are undervalued but at least they are less over-valued..This pattern offers a valuable insight for strategic planning. Despite these trends, i have delve deeply into active trading and managed to grow a nest egg of around 100k to a decent 442k in the space of a few months... I'm especially grateful to Kelvin Hurdle, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape

    • @Elaine09q
      @Elaine09q Месяц назад

      He mostly interacts on Telegrams, using the user-name..

    • @Elaine09q
      @Elaine09q Месяц назад

      @KelvinHurdle..

    • @JoshuaAtkinson260
      @JoshuaAtkinson260 Месяц назад

      People are ignorant of the profitability in bitcoin Investment and that had been their major issues limiting their Investment

    • @ReynaldoMelton
      @ReynaldoMelton Месяц назад

      Reason i invest in the crypto market; to make my money work for me, to prevent inflation from eroding my savings.

    • @MieszkoCzarnecki773
      @MieszkoCzarnecki773 Месяц назад

      Even when Bitcoin is looking bearish with the market sentiment swinging low. But he kept us grounded with his real analysis, just the facts in the charts.

  • @subramaniansridhar8985
    @subramaniansridhar8985 Месяц назад +56

    Share price went up based on a vision statement. Wow.

    • @ryguyw1
      @ryguyw1 Месяц назад +9

      Must be new to investing. The stock price is not the company and the company is not the stock price.

    • @briantep458
      @briantep458 Месяц назад +8

      stock price went up on bad earnings report, sounds like a bottom to me

    • @intheplums
      @intheplums Месяц назад +5

      ​​@@ryguyw1 that's not the point the commentator is making

    • @CorporateShill66
      @CorporateShill66 Месяц назад

      Tesla has always traded on copium and Musk lies/cult of personality. No fundamentals with this company.

    • @genericreference6969
      @genericreference6969 Месяц назад +2

      Welcome to Tesla

  • @onionpeeler2023
    @onionpeeler2023 Месяц назад +15

    Tesla is more than just a car company, it's a robotics, energy, AI, and a car company... Regardless, they need to reduce price of their cars by about 5K across all lines, this will help them continue growing market share, and with the $99 monthly FSD subscription they will make a ton of money over the years...

    • @briantep458
      @briantep458 Месяц назад +2

      fsd is amazing, i use it everyday

    • @GigaChadley
      @GigaChadley Месяц назад +2

      ROFL

    • @Dan-di6qe
      @Dan-di6qe Месяц назад +2

      It's hype. The solar roof company pretty much went bankrupt. La la land

    • @walden6272
      @walden6272 Месяц назад

      "Tesla is both a car company and a tech scam."

    • @jennyanydots2389
      @jennyanydots2389 Месяц назад +1

      A robotics company that is far behind... an AI company that is far behind... a car company starting to fall behind... an energy company? Because they let Panasonic make betteries for them? Or was it the Solar City grift? hahha. Enjoy going down with the ship while non-Elund stans watch the show. Financial delusion, man, Musk is a legendary vaporware salesman.

  • @mattwalter6207
    @mattwalter6207 Месяц назад +46

    Musk straight up avoided talking about deliveries, cost of next model, margins.

    • @YoureDoingItPeter
      @YoureDoingItPeter Месяц назад +1

      That's a good thing.

    • @genericreference6969
      @genericreference6969 Месяц назад +2

      Seems like smoke and mirrors given the safety and regulatory requirements to introduce a new vehicle these days

    • @mixedcreations2918
      @mixedcreations2918 Месяц назад

      ​@GoldTau-km9dm Right why would shareholders care about the business part of investing they just want magical rockets 🚀🚀🚀😂

    • @mattsparks5957
      @mattsparks5957 Месяц назад +1

      Elon said 24 sales would be higher than 23

    • @Mrbfgray
      @Mrbfgray Месяц назад +1

      He covered ALL of that, pay attention.

  • @trudin4583
    @trudin4583 Месяц назад +46

    My FSD drive me to work 20 minutes with no interventions.

    • @Chris-vz2kv
      @Chris-vz2kv Месяц назад +1

      good for u lmao

    • @AlanTrades
      @AlanTrades Месяц назад +6

      Yea I'm glad you didn't die

    • @NewtonNuggets
      @NewtonNuggets Месяц назад

      Impressive I get it. the stock price = overpriced

    • @shadowwalker9956
      @shadowwalker9956 Месяц назад +4

      @@AlanTrades have you tried? if you did you shouldn't say this. If you didn't, you should be shame on yourself.

    • @AlanTrades
      @AlanTrades Месяц назад +1

      @shadowwalker9956 I'll try it once all the fatalities are combed out. I mean how much is your life worth lol? Anyways, I believe in tsla long-run and will purchase a cybertruck myself. But just the fact you have to be proud you made it to work on fsd should be a given, don't you think?

  • @Anonymous_Lee19
    @Anonymous_Lee19 Месяц назад +25

    Knowing Elon Musk, investors need to be realistic and add 3-5 years to the promised timeline.

    • @Boxofdonuts
      @Boxofdonuts Месяц назад +2

      With robotaxi add 30-50

    • @SupaChinido
      @SupaChinido Месяц назад +1

      With every extra mouth, add 100 yrs

    • @mattwalter6207
      @mattwalter6207 Месяц назад +1

      At least a decade...hes been FSD is a year away for the last 8 years

    • @lorenzohuynh1550
      @lorenzohuynh1550 Месяц назад

      your $10k option for FSD.

    • @walden6272
      @walden6272 Месяц назад

      Some buyers who put a deposit are still waiting for their Roadster 2 which was unveil over 6 years ago. Tesla still has no plans to produce it.

  • @sooner1125
    @sooner1125 Месяц назад

    Gene is great as usual in not being too bullish or bearish. Very level headed

    • @Dan-di6qe
      @Dan-di6qe Месяц назад

      FSD is a joke. Are Americans that lazy

  • @GK-qc5ry
    @GK-qc5ry Месяц назад

    The neural net or AI learning for FSD has been slow. It's been nearly two years gathering data and whilst it has led to new FSD updates it isn't the promised answer to L4+/L5 autonomous driving.

  • @zhehuiliu138
    @zhehuiliu138 Месяц назад +1

    Just a rebound to test the key level of resistance

  • @LumenMichaelOne
    @LumenMichaelOne Месяц назад +2

    Gene Munster! ... 🥳

  • @willtwain1383
    @willtwain1383 Месяц назад +28

    APPL PE is much lower than Tesla. so Munster is calling for a much lower stock price for TSLA.

    • @Dr.Weed8
      @Dr.Weed8 Месяц назад +3

      Haha what is he talking about. TSLA’s forward earnings is 60. Apple is 25….
      I own Apple and QCOM no TSLA.
      QCOM is the cheapest American semiconductor company right now.
      For a high risk growth stock I like micron.

    • @KrustyKlown
      @KrustyKlown Месяц назад +2

      @GoldTau-km9dm Relative to other Legacy OEMs forward PE's around 5-7 ... then TSLA is closer to $10 a share. There's your buy window $10 to $43, for a mediocre long term return.

    • @roba.8907
      @roba.8907 Месяц назад

      ⁠@@Dr.Weed8Great points! I’ve reduced my long position in Apple and buying 2x protection (putts) through earnings. I think hardware sales are going to be down with tough comps. Imo, you’ll be able to scale up your position at a better price in the future. The Mag Seven is now down to the Fantastic Four for a reason and fund managers are moving money into defensive sectors like utilities, insurance, and commodities. Wishing you much success $$$…

    • @jarettesuikowsky6742
      @jarettesuikowsky6742 Месяц назад

      @GoldTau-km9dmchilll

    • @sciencefliestothemoon2305
      @sciencefliestothemoon2305 Месяц назад

      apple is a phone company

  • @Dmindthinker011
    @Dmindthinker011 Месяц назад +11

    He really just compare Apple to Tesla. If Elon Musk is good at anything, he’s definitely good at selling people a dream. At the end of the day, Tesla is a car company. Yes it does have other side businesses. Sure but in its core it’s a car company. I mean, how many times can Elon tell you it’s coming next year for them to understand it’s not coming next year.

    • @TheBooban
      @TheBooban Месяц назад

      At least Elon dreams. Tim Cook is dead inside.

    • @walden6272
      @walden6272 Месяц назад

      @@TheBooban Tim Cook grew Apple 8 times the size after Steve Jobs death.

    • @TheBooban
      @TheBooban Месяц назад

      @@walden6272 he didn’t do anything, Apple was doing that because Jobs set it on that path already.

  • @1he0ne_
    @1he0ne_ Месяц назад

    AKA they need more time to build long positions.

  • @chrisacevedo8456
    @chrisacevedo8456 Месяц назад +1

    Long term 🚀

  • @TheoriginalBillBraskey
    @TheoriginalBillBraskey Месяц назад

    Why is CNBC only hyper focused on a few stocks when there are so many others?

  • @wm6746
    @wm6746 Месяц назад +3

    Minions …

  • @pjeverly
    @pjeverly Месяц назад +1

    The Robo taxi business model is ridiculous. If Robo taxi’s become ubiquitous, no one will buy cars. The technology will not stay with Tesla. It will be a race to the bottom. But there is no way a robot taxi company can deal with the potential liability. No insurance company will back them up.

  • @asishreddy7729
    @asishreddy7729 Месяц назад +11

    The earnings call was basically fantasies and dreams. No real world connection.

    • @marlonlicup10
      @marlonlicup10 Месяц назад +2

      Facts. Smoke and mirrors. Last call Elon was worried about high rates, inflation, and the wars. Today he was like cybercabs...just throw cameras on them. Easy peazy!

    • @teanymonster5227
      @teanymonster5227 Месяц назад

      it kinda was an optimisic outlook for the future but that doesnt do anything for 2024 tbh.

  • @christinajurado9180
    @christinajurado9180 Месяц назад +5

    The Tesla market is pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over 250k just in a matter of weeks/couple months, so I think there are a lot of wealth transfer in this downtime if you know where to look.

    • @albertbrian6448
      @albertbrian6448 Месяц назад +2

      You can say that but in my opinion i feel right now e commence among other sectors are expected to really see growth but who know i might be wrong, These days the market is filled with surprises.

    • @mariasimpson9628
      @mariasimpson9628 Месяц назад

      I would say no matter the stock or whatever My advice to anyone starting out in the market is to seek guidance as its the best way to build long term wealth while managing your risk and emotions with the passive investing strategy.

    • @filipxavier1041
      @filipxavier1041 Месяц назад

      Great point I’ve actually been looking into that lately, the news I've been seeing in the market hasn't been so encouraging honestly. If you don't mind me asking who's the person guiding you?

    • @mariasimpson9628
      @mariasimpson9628 Месяц назад +1

      She goes by ‘Wendy Birkett” I suggest you look her up. To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did.

    • @filipxavier1041
      @filipxavier1041 Месяц назад

      Honestly I appreciate it. I'm fortunate to have come upon your message because investing greatly fascinates me. I'll look Wendy Birkett up and send her a message. You've truly motivated me. God's blessings on you

  • @kenth151
    @kenth151 Месяц назад +41

    A dead cat bounce today.

    • @trungtpham
      @trungtpham Месяц назад +9

      Have you seen a dead cat bounce?

    • @marshallderriek1858
      @marshallderriek1858 Месяц назад +2

      It's aftermarket and premarket moves .. we all know who does that.. and for very little money because there are much fewer shares involved ... another attempt to bring in the novice investors then jump out again

    • @guavat1426
      @guavat1426 Месяц назад

      @@marshallderriek1858 Thanks for pointing this.
      It is true. Post-market share prices are very easily manipulated and once there is some momentum, when Asia wakes, there will be many panic buying that will exaggerate the stock price rise.
      Give it a day or so and it will likely settle down.

    • @rollingstoners1460
      @rollingstoners1460 Месяц назад +1

      ​@@trungtpham he wouldn't know a cat dead bounce if it bounced on he's head

    • @thefish5861
      @thefish5861 Месяц назад +2

      Wait and see. Tesla is going to be huge in five years, or less.

  • @user-yq7rr9lh9c
    @user-yq7rr9lh9c Месяц назад

    Likely is a big word, likely it might be at $250 before that happens.

  • @maxpayne7419
    @maxpayne7419 Месяц назад +3

    Once the initial giddiness subsides, shareholders will realize they’ve been Musked. Again.

  • @sirus312
    @sirus312 Месяц назад +12

    This is exactly how markets crash. It’s all based on hope. Hope doesn’t pay the bills

  • @davadh
    @davadh Месяц назад

    Just a bounce until next week's Fed meeting

  • @Southsidelion514
    @Southsidelion514 Месяц назад

    You need interest rates to drop for growth

  • @SP-ve1im
    @SP-ve1im Месяц назад +1

    13% up when earning is off but just selling a new affordable car vision that most likely will not happen anytime soon. Wish other companies can do the same... miss the target and simply say, we will make more affordable product, let's hike the stock by 10% plus lol

  • @paulp3992
    @paulp3992 Месяц назад

    its like chapter 2 of the end for musk. decent run. Gene Munster is a huge barometer. Even he is starting to crack.

  • @chrislivingston2356
    @chrislivingston2356 Месяц назад +8

    The bottom line is if you have not ridden in a Tesla with FSD (Supervised) you are missing important context to understand Tesla’s future. At one point, Tesla mentioned 6 billion miles would be required to pass all regulatory hurdles worldwide. Currently, 1.3 billion miles driven. Adding 300 million miles per month. The system will pass that milestone in 16 months. Too many people believe this is years away. I will be shocked if it is not operational by June 2025.

    • @dopemusic6414
      @dopemusic6414 Месяц назад +1

      Elon is this you?😂😂

    • @TheBooban
      @TheBooban Месяц назад

      Except he is wrong. Real AI doesn’t need billions of miles. It’s supposed to be intelligent.
      A few months should be enough to learn and able to adapt to any situation. If it needs 6 billion miles in USA, it needs 6 trillion for Bangkok. Implying it will never actually be ready.

    • @sciencefliestothemoon2305
      @sciencefliestothemoon2305 Месяц назад +2

      @@TheBooban You don't understand LLM and AI at all.
      The programs need to learn, and driving on its own includes many more variables than ChatGPT sucking in the whole internet.
      What Tesla is creating here is a software version of a cerebellum. It takes a human 2 years to somewhat walk through life and orient their physical form in the world and that is an intelligent system.

    • @jennyanydots2389
      @jennyanydots2389 Месяц назад +1

      Right. It's not like people directly involved in the business hav been saying stuff like this since 2016 or anything. Yeah. But rando dude in youtube comment section knows. How about, I'll believe it when I see it. Too much of this is turning out to be vaporware.

    • @chrislivingston2356
      @chrislivingston2356 Месяц назад

      @@TheBooban Once the model is trained, the AI will be capable of driving almost anywhere. The issue is gathering enough data that includes sufficient edge cases to normalize the model across enough potential inputs to meet safety standards.

  • @nicholas5396
    @nicholas5396 Месяц назад +9

    Another cult question. The CEO took his stock and sold it to personally acquire another company for his own private venture. Now he wants shareholders to pay for it by giving him his shares back so his multi billion dollar personal side quest is free to him and fully funded by Resla shareholders. How is it that more shareholders aren't a wee bit upset about that? I can't think of any other CEO who has been able to magically poof hundreds of billions of dollars out of thin air from investors to keep his dreams afloat. Crazy

    • @iangantner6976
      @iangantner6976 Месяц назад +3

      People who invested in Tesla when Elon made the deal and met almost impossible goals should have taken the win and bowed out. A deal is a deal. He met the conditions. I’m sure you expect any contractual obligations that you may have at work to be met. What happens after you meet goals and complete your contract likely does not affect your pay structure. The court that invalidated the contract is as far off base as you are. The deal was signed. The goals were met. End of story. The cult, in this instance, are the people that feel like a contract is subject to feelings. If you’re offended, you should put money somewhere else.

    • @nicholas5396
      @nicholas5396 Месяц назад

      @iangantner6976 I'm not disputing contracts. I'm speaking to the idea that he sold his shares to buy somethingand now wants them back. If he didn't sell his shares he wouldn't be asking for another 10% of the company.

    • @Ll-eu8zg
      @Ll-eu8zg Месяц назад

      @@nicholas5396to be fair, the ceo of Tesla now has the most direct path to advertising maybe in the world? What’s the value on being able to reach 185m+ of his followers

  • @lorenzohuynh1550
    @lorenzohuynh1550 Месяц назад

    Tesla officially announced “ramping up faster and more future recalls for model 2” and the stock went up. lol
    It was a fantasy earnings called !!!

  • @bluehenry5839
    @bluehenry5839 Месяц назад

    Miss that call again didn't!!...after hours price $160

  • @MrAlanfalk73
    @MrAlanfalk73 Месяц назад +1

    To all the people who think it is "just promesis" and Tesla did "VERY bad" on earnings. You should try their FSD 12,4 , look at their compute, and of the 6 biggest EV sellers in china, Tesla fell the least in 1st quarter. And Elon said they will sell more cars this year than last year (and one thing that Elon ALWAYS got right was number of cars sold).

  • @24theMoney
    @24theMoney Месяц назад +1

    Where is Dan LOL?

  • @chri6393
    @chri6393 Месяц назад +9

    Locked into a car with no driver...hmm. lol

    • @IproPvP
      @IproPvP Месяц назад +1

      there’s a reason you stock shelves at walmart for a living as opposed to running an innovative fortune 500

    • @rollingstoners1460
      @rollingstoners1460 Месяц назад

      Locked into a metal horse with no legs.. hmm. Lol
      Did some donkey say along time ago about Mercedes-Benz

    • @dodgy69ers
      @dodgy69ers Месяц назад

      I know right! Much safer.

    • @TaylerTayler-up8mc
      @TaylerTayler-up8mc Месяц назад

      Walk the talk and short the stock. I dare you.

  • @user-yq9em4ns4d
    @user-yq9em4ns4d Месяц назад +1

    I think cnbc would have said horses and carriages were the future. They seem to keep pushing against an electric future. They either have blinders on or are totally deft.

  • @GK-qc5ry
    @GK-qc5ry Месяц назад

    I don't like what I hear about the affordable car. It's using part but not all of the new platform and part of the old. Doesn't seem like what was previously promised.

  • @vn8106
    @vn8106 Месяц назад +1

    Deep under water

  • @b21raider27
    @b21raider27 Месяц назад +1

    The robots are coming!
    Pump it hard Elon!

    • @Mrbfgray
      @Mrbfgray Месяц назад

      They are already HERE, pay attention.

  • @kylepatterson4793
    @kylepatterson4793 Месяц назад +2

    Hertz in Canada just got rid of all their Tesla's .. tens of thousands because they aren't economically viable for rentals.. battery replacements etc..lol.robotwxis will be a joke to replace parts and batteries..... Not economicalky viable anytime soon. Smoke and mirrors is right
    Cost of battery replacement is the cost of the car lol. One big dent. .

  • @samthedoor
    @samthedoor Месяц назад

    Typo at 3:30

  • @Chris-ew9mh
    @Chris-ew9mh Месяц назад

    Come on Gene, look ahead 12 months like the stock market should when investing in good companies for the long term.

  • @Fous1978
    @Fous1978 Месяц назад

    Survival was never an issue…Team Tesla is AWESOME!!! Stock will go back to 200+ shortly
    The multiple of just Cybercab is at least 50. Uber share fell today only with the report coming out

  • @jpmackin
    @jpmackin Месяц назад

    They make more money selling power packs, and will continue to..

  • @learnprogress6618
    @learnprogress6618 Месяц назад +7

    How did they get 26 billion in cash then , Ford and gm ow 200 billion , others don’t pay their bills.

    • @ElonMusk-zu4mh
      @ElonMusk-zu4mh Месяц назад

      👋 hi

    • @socalsp3
      @socalsp3 Месяц назад

      Tax subsidies

    • @ElonMusk-zu4mh
      @ElonMusk-zu4mh Месяц назад

      @@socalsp3 how are you

    • @learnprogress6618
      @learnprogress6618 Месяц назад

      @@socalsp3 if u know about that for ur buisness u will lower prices to attack competitors, as a wholesalers I liked off all my competitors, but mainly they go bankrupt and restart following Monday not paying a penny to anyone and also filling Lorry’s up with stock and hiding it away from the receivers , the supppiers use to come to me crying hurt , this is why if u supply I serve Tesla , so u can sleep of a night

  • @HamidNajafi-um8wh
    @HamidNajafi-um8wh Месяц назад +1

    Tesla is king

  • @lorenzohuynh1550
    @lorenzohuynh1550 Месяц назад +1

    What happened to Tesla solar panels it’s not even mentioned any more. It’s not just a car company hahaha.

  • @TeslaEVolution
    @TeslaEVolution Месяц назад

    Once Tesla has a total of 50 Million Teslas on the road - THEN IT WILLL BE INTERESTING, but that is some 5 years out or so.

  • @binasur5560
    @binasur5560 Месяц назад +1

    To conclude this conversation. If you believe EVs and AI are the future invest NOW.

  • @Rowan126
    @Rowan126 Месяц назад +14

    Tomorrow he will be pumping your Tesla car for Machine Learning. What a clown 🤡.

  • @sciencefliestothemoon2305
    @sciencefliestothemoon2305 Месяц назад

    give it another 3 summers and new temperature records, and electrification will suddenly happen very quick...

  • @briantep458
    @briantep458 Месяц назад +9

    long term trendline looks like a bottom to me

    • @keto6789
      @keto6789 Месяц назад +2

      Munster has been known to make wrong calls. I agree with you!

    • @Total_Recall1984
      @Total_Recall1984 Месяц назад +1

      not at all

    • @keto6789
      @keto6789 Месяц назад +1

      @@Total_Recall1984 Its a bottom for now ... most likely 140 was the bottom

    • @mikafiltenborg7572
      @mikafiltenborg7572 Месяц назад +1

      😂😂Tesla Energy will be bigger than Tesla Auto after year 2030

    • @mckenleymason1212
      @mckenleymason1212 Месяц назад

      ​@@mikafiltenborg7572 nobody likes to talk about Tesla Energy, but you're right.

  • @spiralizing
    @spiralizing Месяц назад

    What if no one else actually wants a Tesla?

  • @OneBigLeftist-pq4je
    @OneBigLeftist-pq4je Месяц назад

    I’ve been saying for years that Tesla is just like DeLorean car company.

  • @ariana7201
    @ariana7201 Месяц назад

    Just if he forget this Robot Taxi thing and focus on other affordable cars and products 😮

  • @troya.4489
    @troya.4489 Месяц назад

    MSM always talks negatives about Tesla, juat because Tesla has no advertise budget for them. Wake up retail investor.

    • @alexturlais8558
      @alexturlais8558 Месяц назад

      This is flattering tesla what are you talking about?

  • @lyon9489
    @lyon9489 Месяц назад +1

    I think it’s going to $125 before moving up again

  • @BraLogic
    @BraLogic Месяц назад

    I just bought in haha😂

  • @Dan-di6qe
    @Dan-di6qe Месяц назад

    It's a car you cant vision every person in society walking round with a car in their pocket.

  • @SteveMinguo
    @SteveMinguo Месяц назад +1

    This didn't age very well.

  • @SpockvsMcCoy
    @SpockvsMcCoy Месяц назад +4

    Impossible for any automaker to manufacture a $25,000 car in the United States and sell it profitably. Even if Tesla builds it (debatable), it would have to be imported from a low wage country. Most of their existing customers would likely choose a used Model 3/Y over a Model 2.

    • @AlanSmith88888
      @AlanSmith88888 Месяц назад +2

      And you wonder why they have factories in China and all over thr world 😂?

    • @MikeBarnhill
      @MikeBarnhill Месяц назад

      Robots yo!

  • @pauldaggett6759
    @pauldaggett6759 Месяц назад

    TSLA is NOT an auto company, it is a Tech company which is LEADING in A.I. - EV FSD and Optimus robotics. In addition, I believe Tesla is leading in A.I. manufacturing in their huge Gigafactories. Wall Street is completely IGNORANT on this as they think this is a common car company…..

  • @rabingautam6110
    @rabingautam6110 Месяц назад

    Absolutely... I just don't like his notion... Tesla will survive.. So what stock her is thinking that will rocket in AI?

  • @Nyhiak
    @Nyhiak Месяц назад +1

    It will rebound in 2025…why? Poor thing is married to Tesla. “But you have to believe”.

  • @jpmackin
    @jpmackin Месяц назад

    It’s not a car company….

  • @georgemaximus694
    @georgemaximus694 Месяц назад

    He must have bought the dip today

  • @lyon9489
    @lyon9489 Месяц назад

    Meanwhile it goes up another 10 points after he said it’ll go down

    • @lyon9489
      @lyon9489 Месяц назад

      I shorted at $163 listening to this guy saying it should go down

  • @drnick40
    @drnick40 Месяц назад

    Tesla will rule, eventually.

  • @larryo6874
    @larryo6874 Месяц назад +4

    What is this guy smoking? Tesla FSD is level 2 while other companies at level 4. Even if robotaxis become a thing demand for cars will go down since people will just call a robotaxi rather than buy a Tesla. The earnings report shows Tesla down in almost all categories. Maybe the Model 2 will help but that is at least a couple of years away. Also Tesla has about 25 billion in cash but Musk wants a 56 billion raise. How does that work out?

    • @biplav32
      @biplav32 Месяц назад

      56 billion in stocks.

    • @user-uf8bk6lk2o
      @user-uf8bk6lk2o Месяц назад +3

      Lol bro u should invest in etfs

  • @scottfranco1962
    @scottfranco1962 Месяц назад

    Two massive waves are waiting to hit the auto industry. The first wave is cost inversion. EVs cost less to make than gas cars, and will soon move to being a considerable discount to gas cars. The American car makers are not ready for this, which is why they are lobbying to keep BYD out of the USA. It won't work. BYD will be selling everywhere outside the USA, including over the border in Mexico, which means they will be here soon like it or not.
    The second wave is autonomy. That is end of decade stuff, but it will change the car industry utterly.

  • @genericreference6969
    @genericreference6969 Месяц назад

    Smoke and mirrors. How does Tesla just magically produce new lines of vehicles within the next few months? Dont these things require tons of testing and safety approvals?

  • @TheRightBet
    @TheRightBet Месяц назад

    FSD will be taken over by Nvidia in coming years as Nvidia can do virtual training instead of actual road testing..and NVDA has much more AI compute power, quicker re-testing cycles, error/fix/retry to recalibrate on one of driving conditions and simluations...and Uber/Lyft and others will deploy Nvidia Robotaxi.

  • @xumba007
    @xumba007 Месяц назад

    Don’t think comparing tesla with apple is appropriate because tesla has TAMs way bigger and mostly untapped.

  • @Baldwin321
    @Baldwin321 Месяц назад

    I'm in my 50s and I'm more interested in investments that could set me up for retirement , I mean I've heard of people that netted hundreds of thousands during these crash, I listened to someone on a podcast who earned over $650K in less than a year, what's the strategy behind such returns?

    • @Damon4324
      @Damon4324 Месяц назад

      Buying a stock is easy, but buying the right stock without a time-tested strategy is incredibly hard. hence I will suggest you get yourself a financial-Advisor that can provide you with entry and exit points on best stocks to buy now or put on a watchlist.

    • @Scarlett34568
      @Scarlett34568 Месяц назад

      A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.

    • @Christian67337
      @Christian67337 Месяц назад

      How can one find a verifiable financial planner? I would not mind looking up the professional that helped you. I will be retiring in two years and I might need some management on my much larger portfolio. Don't want to take any chances

    • @Scarlett34568
      @Scarlett34568 Месяц назад

      Aileen Gertrude Tippy is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..

  • @Joe-em3iw
    @Joe-em3iw Месяц назад

    Stock price went up because Elon Musk knows how and when to trim fat.

  • @BusinessMillionaires
    @BusinessMillionaires Месяц назад +1

    $100

  • @sidb9540
    @sidb9540 Месяц назад +1

    sipping the kool aid !

  • @kurtdobson
    @kurtdobson Месяц назад

    One factor is they lost Musks attention, in part by screwing him out of his compensation agreement.

  • @jovsta
    @jovsta Месяц назад

    Tesla is as much a tech company as WeWorks was. Lol

  • @ryanarmstrong6540
    @ryanarmstrong6540 Месяц назад +2

    reminds me of BTC

    • @WvlfCvlt
      @WvlfCvlt Месяц назад

      in what way?

    • @ryanarmstrong6540
      @ryanarmstrong6540 Месяц назад

      @@WvlfCvlt Its volatility. Also the way people talk about it so harshly. Again its predicted boom after a sharp fall. Waiting for a buy, put it that way.

  • @eh7599
    @eh7599 Месяц назад

    Good luck, puppy

  • @damham5689
    @damham5689 Месяц назад +3

    Time for another one of Elons famous pump and dump scams. Wonder what fantastical development that he will soon announce and claim it will be fully functional by this time next year. 😂😂

  • @littleturtle5818
    @littleturtle5818 Месяц назад

    I used to think he's good. But once he said the tech bubble and Nasdaq to double in 2-3 years, he lost all the creditability, at least IMO.

  • @free-qe6wx
    @free-qe6wx Месяц назад +26

    Just heard the conference call. No substance. Its all smoke and mirrors.

    • @trungtpham
      @trungtpham Месяц назад +4

      Hope you shorted the stock.

    • @JnMyNy
      @JnMyNy Месяц назад +6

      Wym?? They're ramping up on the execution of the 25k car. Was a great call that answered many questions wallstreet and investors had.

    • @jamessdavis5201
      @jamessdavis5201 Месяц назад +3

      Exactly. You heard what you wanted and didn't listen to it.
      Because it was positive with guidance.
      If you shorted with leverage today. Margin call tomorrow. Period. R.I.P.

    • @genericreference6969
      @genericreference6969 Месяц назад

      But how do they do that given all the safety and regulatory testing requirements ? New model planning takes years not months from what I understand.
      Perhaps they will introduce new variations on their existing models at lower prices, to reduce the timeline. But it all seems weirdly optimistic

    • @aussiepawsborne9056
      @aussiepawsborne9056 Месяц назад

      Hmm let’s see, product line up now coming early 2025, fsd 12.4 and 12.5 already lined up just needs adjustments, in talks with oem for fsd licensing, oems need three years+ in order to license the fsd meaning they can’t even compete with teslas technology in time even if they license…. These are absolute bombshells

  • @harrychu650
    @harrychu650 Месяц назад +3

    Are you freaking kidding me. They are practically giving away Tesla Shares at these ultra low prices. Buy buy buy you fools. 🎉

  • @GarryPatel-dy6xs
    @GarryPatel-dy6xs Месяц назад

    Tesla stock jumped 13% after earning report, unbelievable. I really couldn't get what made stock rally during after-hours. Promises from Musk?

    • @PWIJsneus
      @PWIJsneus Месяц назад

      Elon promised they'd slammed a cheap model 2 together beginning of next year. Not very realistic, also lot of competition....but Tesla is a stock you have to believe in, amd what King Elon will say. Fundamentally, it's pretty weak...

  • @michaeldbouck
    @michaeldbouck Месяц назад

    Munster chooses to ignore Tesla's liability (or lack thereof) with its robotaxi fleet.

  • @lizi122
    @lizi122 Месяц назад

    Dont trust anything "monster" says

  • @Boxofdonuts
    @Boxofdonuts Месяц назад +4

    They miss both marks in earnings and mention robots and taxis. Shows what type of imbicile is buying Tesla stock

  • @8itgr8
    @8itgr8 Месяц назад

    . . . its not a car company