TSLA

"Tesla's a laugh out loud."

"And the most recent example that everybody knows, Tesla is the best example of people not believing this 100% true stock market reality and getting destroyed."

"Dan Ives was the same exact guy telling you, "Hey, buy Tesla at 4 whatever the heck it was back in 2021 because we see 480 right around the corner and it this is easily uh you know maybe 800 maybe thousands in play here very very shortly in regards to Tesla." Now, here you are almost 5 years later and you're still down during that time."

"It's the same with electrical vehicles. Only when Tesla really did it in 2019, all the others entered the market and now six years later or seven, nobody made any money."

"I'm not sure I'm bullish or bearish on it. I just feel like this one needs a lot more time to shake out and to figure out what the heck's going to happen before we have anything predictable in regards to that. Back to 200 would not surprise me. All the way down to 50 bucks wouldn't surprise me either in regards to this stock and you can make a case even below 50 if you wanted wanted to try to put valuation to it because that's about where the value is in regards to what they're producing right n"

"I don't think we're going to get a 5-year stagnation journey like we got with Tesla or you know we're approaching 5 years. Who knows how long that last with Tesla right now cuz right now if you bought at that peak in 2021 with Tesla you're still down a lot in regards to where that headed there."

"In addition, Palunteer, Caterpillar, Tesla, Oracle, and a newer AI name called Nebus."

"We also have Nvidia, Palantir, Tesla, the shorts there."

"Nearly half the entire fund is jammed into just top 10 stocks with Tesla alone making up around 10% of it."

"ARK top holdings, Tesla, robot taxis, data centers in space, and some others, crypto still going strong. But these are just gambles"

"Everybody's always talking about MATA, Amazon, you know, Tesla doesn't get talked about as much nowadays."

"And even with a stock like Tesla, that's just crazy. We sold it after a forex"

"Okay, everybody. SPY, that's always our go-to. Then you can do QQQ, then you do Tesla. Okay, it should be in that order. Tesla is your wild card, okay? That's like the redhead stepchild, okay? because it can go any way, any day. It could be up $10 one day, it could be down $20 the next. And so, you're going to get a run for your money through our Tesla plays, okay?"

"Every day we are to master our skills through the spy and through Tesla when we get a little more advanced, okay?"

"Like, so tomorrow, today we made a killing off Tesla and the spy and everything else, but tomorrow we going to make a killing, too."

"Okay, lateral to the spy coach is going to get busy with Tesla. I start every day off all year round with those two cuz what I need you guys to do is to master at least both of those."

"if you want to see what really happened when Tesla and Google reported and why both of those stocks fell even harder than Intel, click our full breakdown right here on your screen."

"So many people made life-changing money off of Apple. I think Tesla. I'm talking about to the downside."

"I don't have much to say on Tesla. I really don't understand the business well. To be honest, I don't understand their robotics exposure. I don't understand their you know, robot taxes or whatever it is with competing with Waymo. But I think most of you guys know that the stock is mostly a story stock. So it's a lot about Elon Musk and you know, things that could happen with Elon Musk and innovations and it will pretty much never trade at fair value. Like it will always have the Elon Musk premiu"

"The idea that somehow dilution is bad for SoFi but it was not bad for Apple back in the day which they diluted multiple times Tesla back in the day they've diluted multiple times or Google or Amazon or any other meggaap company out there somehow dilution was bad for you despite hundred hundreds of thousands of percent gains in some of those stocks since the delution is simply just not true."

"what's going to happen if they decide to merge with Tesla."

"It was twice the valuation of Tesla in 2021 at its peak valuation back then. Just insane."

"Tesla is red a little bit"

"Its energy business grew fast, but saw its profit margins slashed and Tesla actually burned through cash this quarter."

"If Tesla truly cracks self-driving and robo taxis, it could earn steady software-like money for the entire life of every car, which is far more valuable than selling a car just one time."

"Bearcase number three, the Elon Musk factor. His attention is split across many companies. Tesla keeps doing deals with his other businesses like SpaceX, and the brand has gotten tangled up in a lot of political controversy."

"Last week, two of the biggest companies in the entire world, Tesla and Google, reported their earnings just moments apart, and both stocks fell, and I mean, they fell hard."

"Bearcase number two, competition. Tesla no longer owns the electric car world."

"Guys, it makes it a $500 company. It's currently at 308. Do you see why? Even though that's a lot of potential for the next seven or eight years, but it was selling for 450."

"One thing I'm not a huge fan of that profit margin being a lot lower. Their 10-year average is 7 and a half%. Their 5-year number is 9.7. Their one year is 3.67%. So, is on decline? Is that permanent?"

"The company's currently selling for 190 times free cash flow and 286 times earnings. That's quite the multiple even for a company that has a lot of potential."

"So, I first did a 10-year analysis. Next, I'm looking at revenue growth assumptions, guys. I'm going optimistic here and saying 10, 20, and 30% revenue growth for the next 10 years. That's a lot."

"So, if you own Tesla or Google right now, you need to see what's going on underneath those numbers before you do anything."

"So, let's break it down and look at the numbers. Now, guys, the stock is down hard. It's down to 308 per share. But the real price is that market cap here."

"So, why did the believers still love Tesla? Because they aren't buying a car company, they're buying three giant bets on the future. Bull case number one, autonomy."

"They're expecting Tesla to make $2 a share this year, growing to almost $25 per share in 2033. Now, let's assume they're right. What PE would you assign to Tesla? five or six years from now."

"Bull case number three, and the one that I am the most excited about, Optimist, the humanoid robot."

"This is the revenue growth over the last 10, five, and three years. It is massively declining."

"This difference here is their debt. And that's not a lot of debt for a company this size or for a car business. Most car companies have a much higher enterprise value than market cap. This I love. So that's a great thing for Tesla on a balance sheet perspective."

"100 billion growing to $830 billion in that same time. Again, a lot of optimism there."

"Now guys, you just saw what happened with Tesla and Google. Two of the biggest companies in the world reported earnings and both of them had massive headline profits that were basically an illusion."

"But look closer and the profits fall apart. Tesla's operating income, that's the money that it actually earns running their core business, collapsed 57% down to just $398 million and its profit margin shrank to a razor thin 1.4%."

"Now, on the other side, the bears have three serious warnings of their own, and they're just as important to understand. Bear case number one, the core car business is weak."

"Tesla's real margins collapsed to 1.4% and Google burned cash for the first time ever."

"Bull case number two, energy. This part is quietly becoming a much larger piece of Tesla."

"So I hit the analyze button. I want to remind you these are very optimistic assumptions and I have a low price of 100 high price of 1230 a middle price of 380."

"Next, profit margin. Guys, look what I did here. 12, 18, and 24. They've never done these. They have never done these and this company is just a car company."

"The headline said that Tesla earned over a billion, but most of that came from a $1 billion paper gain on its SpaceX investment, not from selling their actual products."

"But this whole notion that again, oh, Tesla is going to destroy, right? the Tesla boys."

"What if I told you that the most [1s] powerful AI company on Earth isn't [4s] Nvidia or Tesla or Palanteer?"

"You know, even go back Tesla."

"It seems like with SoFi it kind of almost it's not quite as rabid as the Tesla community, but man, if it has a surprise earnings call or we'll just say a beat and they do raise and some of the other things go correctly with the Fed and such or at least where Wall Street likes it, right?"

"Oh, Uber to zero. Of course, all of the Tesla fanboys, of course, we knew this, right?"

"Tesla uh took a nose dive after after earnings and they fell below a key critical level."

"I had to see Tesla. I had to see the how the Google's report went. And long story short, guys, pay attention tomorrow, especially pay attention to Google for me, guys. Okay? see if Nvidia is a beneficiary of some of the rhetoric Google talked about today."

"Now, Uber is going down mainly due to the disruption fears from Tesla and Waymo."

"The company overall saw 16% total revenue growth, 50% growth to its gross profits, and its operating income was up 136% year-over-year. Operating cash flow was up 83% and free cash flow was up 117%."

"in the most recent quarter, IBIDA did in fact grow."

"Tesla's revenue has been flat but its gross profits, operating income and net income have all been declining for the past 3 to four years."

"Tesla's business and how they have been developing. So, the first one is the vehicle deliveries. And over the past 3 years, you can see that the vehicle deliveries have been downtrending on a trailing 12 months basis."

"this was not a bad quarter for Tesla at all after the company has had a long streak of having pretty subpar quarters."

"which is Tesla. Tesla also reports its earnings on Wednesday after the close along with Service Now and Google."

"Tesla's price to sales ratio is at 14.5. This is a higher price to sales ratio than a lot of software companies trade for, which are highly profitable and growing their cash flows and earnings by 20% plus annually."

"in the past two quarters, gross profits have finally been starting to grow once again."

"the company's operating and free cash flows look like they are starting to uptrend again after being pretty volatile and not really growing for the past 3 years."

"These are extremely high multiples for a company that hasn't really grown its revenue over the past three years and its underlying profits have been consistently declining for 3 to four years now."

"A 14.5 price to sales ratio for mostly an automotive company with low margins is extremely high."

"So on an operating income basis, Tesla still has a lot of freaking work to do."

"The moral of the story is Netflix comes in and puts up the numbers year in year out and Tesla comes in and disappoints you again and again and again and again"

"One, I want to talk about Netflix and Tesla, the numbers, why those stocks are so different. Not the business models really so much, but just the numbers and kind of trying to figure out like where the best values are in particular stocks at particular times."

"If we went back prior to that, right? I said, what were the returns for Netflix and Tesla stock? November 2016 to November 2021, right? Netflix stock had gone up 449% over that time. Tesla had gone up nearly 3,000% over that time. So at that particular time period, you look at those stocks and you be like, "My gosh." Like those are incredible stocks. Like they're two of the best out there, right? Look at the returns they've given you. And now you look at those returns since then and it's awful, "

"Whenever you're trying to ride off hope, especially for a company that fails again and again again like Tesla has, right?"

"Netflix comes in and puts up the numbers year in year out and Tesla comes in and disappoints you again and again and again and again, right?"

"Now let's compare that versus somebody like a Tesla. Okay. Look at Tesla's stagnation in revenue over time. Right? It's a very different chart than what we're seeing here with Netflix."

"Look at Netflix and Tesla stock. Both of them are down since November 2021"

"So, when I look out there and I'm like okay, I have an opportunity to buy a Netflix or I have an opportunity to buy a Tesla right Tesla was a great money maker for me back in the day might have been my first stock I ever cleared seven figures plus on right but at the end of the day like what's a better buy today it's Netflix without question right and so that's why I'm investing heavily into Netflix"

"Netflix, I look at that stock right now as an easy buy. Tesla, on the other hand, right, with roughly the same return since November 2021, it's a very questionable buy. It's a hope buy, right?"

"Additionally, when it comes to Tesla, you got to understand there's been a lot of promises made in the past, right?"

"Some others, Tesla's down 12%. Lowe's 13%, Disney 15%, PayPal 18, Microsoft down 19, Netflix down 21, Palanteer down 26%, Service Now 27%, Nike is down 31%, Oracle 32%, Adobe 34%, Lululemon down 42%, and like I just said, into it down 58%"

"If you are, let's get ready to crush Tesla and the spy."

"We have Tesla. I don't know how much value they can provide here, but okay."

"Alphabet, we have Tesla, we have Service Now, IBM, Intel, Nokia. So, it's going to be one hell of a week. We're going to have a look at what the market is expecting to see from these companies."

"that would be will we see the margins finally tick back up? Now, I know um a lot of folks want to focus on all kinds of other things there, but those margins eroded for a while. They finally kind of uh flatlined a bit, but we haven't really gotten back to those margins that we had before."

"Wall Street wants to mess around give me a good discount in addition to Tesla finally performing on earnings and I will happily add to this stock there but it's going to take a lot on both ends but it's also Tesla we have seen crazier we have seen stranger with Tesla stock Nothing ever surprises me in regards to the way it moves and the excitement up and the bearishness on the way down."

"And with a stock like Tesla where it moves so wild sometimes it goes from extremely overvalued to extremely undervalued and everything else in between it can be a really really hard stock to understand."

"How would that shape up? I I just wouldn't be surprised if they almost get just as many questions about that as they do about Tesla stock themselves."

"That's just part of the journey with Tesla stock. You understand that if you own Tesla, you are on the Tesla roller coaster."

"My plan right now in regards to Tesla is what it has been for a while. I need to see earnings performance in addition to, you know, the valuation being somewhat reasonable again"

"I'm not saying Tesla won't get there. Absolutely they will. It's just going to take longer on a lot of these things than we expect. Number four, any new models or expansion plans?"

"what my plan is for Tesla stock. But the last thing is any SpaceX commentary. Okay, he might get more questions about this than any of the merger, anything else really, right?"

"If we get a really nice boost up in EPS, you know, two, three or excuse me, well, EPS 2, but in margins, if we get a really nice bump up there in margins, you know, two, three% difference of margin, that would be a great sign for Tesla that things are finally moving back in that right direction."

"All right, guys. Let's talk about Tesla's earnings call coming up this week"

"what my plan is for Tesla stock as well."

"Most of our buys are down in the 100s you know maybe 200s or so at the highest. We definitely are avoiding it when it gets up over $400 and everybody's saying it's to a,000 and 2,000 and everything else of that nature."

"what really makes the bull case for Tesla happen is those margins moving in the correct direction, right? Getting better."

"Unfortunately, a lot of Tesla things are, you know, long time into the future. They're not right now, but energy is one that definitely could really save Tesla's bacon as they are continuing to uh expand out with Roboaxi, obviously expanding out into Optimus and some of those other high capex products that are unfortunately longer than a lot of the bulls want to think that they are in regards to adding money to the bottom line."

"That mixed in with the stock price coming down. Of course also lowers the valuation and might very well get us right there to that sweet spot in regards to Tesla to maybe start adding some more at this stage."

"Does that timeline continue to get smaller? or do we consistently see energy become a consistent huge contributor in regards to bottom line profits for Tesla?"

"Tesla, obviously a huge darling, also something everybody piles into. But with Tesla, you're paying about a 400 times PE. And they have a gross margin of 20%. Actually pretty good for a car company. And I know people are going to get upset about that, but yeah, really good car companies have about a 20% margin. So for all the AI and solar and FSD and all that stuff, at the moment, it is still very much a car company. So what does gross margin really mean? Well, for every dollar Tesla gets from s"

"These are companies Microsoft, Meta, Nvidia, Amazon, Apple, Tesla, and Google, they carried this entire market."

"You can say, "Oh, you're crazy. Tesla, way more autonomous vehicles." I don't think so."

"a lot of companies in the S&P that I don't want to own in my portfolio, like Verizon and Tesla"

"there's a lot of companies in the S&P that I don't want to own in my portfolio, like Verizon and Tesla"

"But at the end of the day, like if you bought Tesla back in 2021, you're still sitting on like nothing, right, all these years later."

"And one of the most famous stocks, we know what it is. It is good old Tesla myla. Tesla myla."

"and Tesla. 2020 has crossed"

"That's how come whenever, you know, Tesla in 2021 can be at over $400 per share, everybody just oh, price target's now 480, right?"

"The magnificent seven, Apple, Microsoft, Nvidia, Amazon, Alphabet, Meta, Tesla make up onethird of the stock market."

"The [1131s] magnificent seven, Apple, Microsoft, [1133s] Nvidia, Amazon, Alphabet, Meta, Tesla [1136s] make up onethird of the stock market."

"But, coming in at number two is Tesla, which I found really interesting given the fact that they're kind of all together there."

"have a look at Tesla's margin it'll be below 20% I think last time I checked because they're building physical things very hard to build physical things with margins that are higher than 20%."

"Tesla for example, it's the safest car in the world, right?"

"things like Nvidia, Applied Materials, Caterpillar, Tesla, and the entire chip index."

"No different than if we [1339s] go back to Tesla. I'm fortunate, you [1341s] know, that was one of the first [1342s] life-changing stocks for me in terms of [1344s] getting like a 2,000 plus% gain is just [1347s] ridiculous. The money I was fortunate to [1349s] make on on Tesla and I think that was my [1350s] first seven figure stock if I recall, [1352s] right? Unbelievable like what we were [1355s] able to accomplish with Tesla. The issue [1357s] with Tesla and that stock is the same [1360s] pr"

"a lot of stocks are down 2% like Meta, JP Morgan, Bank of America, Birkshshire Hathaway, Tesla,"

"And keep in mind that this group includes Tesla, which has a very inflated forward PE."

"We've been spot on with the levels for SPY and Tesla."

"And for just an example here, look at Tesla in 2021. Even last year, uh, you know, we all know what happened to Tesla 2021, you're still down, right?"

"Tesla"

"If you don't like Tesla, you can simply remove it."

"I have no interest in ever owning, like Verizon and Tesla."

"You have Tesla number one. I don't like the company, but they're a leader in humanoids. That's just the way it is."

"These rewards include shares of market leaders like Nvidia, Tesla, and Microsoft too."

"Meaning that if they continue it won't be dead money for four years plus like Tesla has been from its highs because they didn't crush earnings. Their earnings actually went the opposite direction. I'm not knocking Tesla here at all."

"It's never not been true in the history of the world. I know Tesla folks like to say it has. Look at my Tesla charts right there. You can see right there when my buys and when I did and when I said it was overvalued, when I said it was undervalued."

"Broadcom, Tesla, Meta, Micron. That's all AI."

"Bur's shorts. Tesla Palanteers open shorts position."

"These rewards include shares of [576s] market leaders like Nvidia, Tesla, and [578s] Microsoft 2."

"Now in terms of the company's revenues, they have grown revenues really, really well. Pretty much every single quarter has been great. But unfortunately, shares outstanding have also been growing a lot."

"Now, the hated part is probably only coming from those that think that Tesla and maybe way more are going to take 90 plus% of the mobility market."

"Right? We are already mid 2026. Do you see Teslas popping up everywhere without a driver? No."

"I am concerned about Tesla's recent dip in sales."

"So, the older company, the mature company has shown no buybacks, no dividends, nothing. It's just a cult, great electric cars, everything. But there is a problem."

"I have been an idiot since 2016 on Tesla. Actually, I was right on the profitability of the company all the time. I was wrong on the cult. If you want to play the cult, play the cult. Someday the profitability will come back. Let's discuss this again in 2036."

"The value mostly from SpaceX, Tesla, then we have Neuralink and the Boring Company, which was the one thing that I hope that would work so that I can travel across Europe very very fast. But okay, the thing is that we have to look at Tesla's balance sheet to understand Elon Musk's business operating model."

"So after 15 years of all the promises of all it's still a loss total making company and you can see after 2023 we have a deceleration in revenue faster deceleration in profits and the company now makes 34 billion per year what is that an 8% return on the 44 billion invested not much for Tesla"

"and Tesla at 3.80%"

"Meta, Tesla, Birkshshire Hathway, and JP Morgan rounding out the top 10."

"So I've put here the most popular example I would say and that's probably a Tesla might also be an Apple although those are quite different right now especially from a profitability standpoint and even a multiple standpoint. So could Tesla still work? Sure. But do I think this is the best place for my capital? No. Right? The same can be said with with an Apple for example. So Tesla, it's a growing company, but for the price that you're paying, is it growing fast enough? Is it profitable enough?"

"Look at Apple. Apple as well, revenue-wise, still a growing company. Not fast growing, but it is a growing company. It is a very, very profitable company compared to a Tesla, for example. But here again, for the price that you're paying, if we're looking at forward price to earnings for Tesla, I'm not even looking at the last 12 months. I'm looking forward, it's 188 times. 188 times. Tesla is a company worth right now $1.55 trillion, generating 97 close to 98 billion as we've seen also the growt"

"Tesla did much better then but then It was 50% down compared to the previous bubbish peaks."

"if you look at if you look at Tesla, the earnings have gone straight down for the last four years."

"Uh he may ultimately buy buy Tesla, put Tesla inside the thing."

"Okay, so Tesla is overvalued right now and trades at 14 times revenue, but they are profitable, right?"

"Tesla's at 14. 120 times times revenue with no profits and not even close to profitability and won't be profitable for the foreseeable future. Okay? And Tesla right now is at a PE of 369 at the time of recording."

"The fundamentals are far better. And to me, the future that has everyone excited about both companies, it will happen far sooner with Tesla in regards to printing money to the bottom line than it will with SpaceX and its future."

"So, let's have a little fun today and talk about SpaceX versus Tesla. Which one would I buy if I had to buy one of them today?"

"But unfortunately, valuation is still a concern because of those eroding fundamentals for years."

"And right now isn't the best time to be buying Tesla in my opinion."

"Everybody else, they can make their fortunes on Bitcoin, on SpaceX, on Tesla."

"Palantir or Tesla? >> Palantir."

"Now, moving on to number three and that one is Tesla. Now, obviously Tesla fell a spot here, you know, to number three instead it was at number two last month. I can see why there a lot of folks kind of getting ready for SpaceX or not exactly sure what's going on. Obviously, Tesla, you know, by any metric is significantly overvalued still despite the drawdown that it's had here. It's been actually highly highly volatile which I guess for Tesla is nothing new in regards to that there. So, what's "

"And Tesla I'm not going to talk about it I'm not an expert I don't know anything about the stock. It's been overvalued forever so I'm not going to comment on Tesla."

"This is not from SpaceX. This is from Tesla. And I'm seeing this. Who could have ever imagined that Tesla will ever see a decline in revenue? But at the end, this exuberance, this overs subscribing, I think this is at the end all our greed, our perhaps stupidity, perhaps not. We'll see who will be the stupid one in the future."

"Yes, Tesla has some autonomous vehicles on the roads, have about 40 on the roads today, on the road today."

"SpaceX spent $56 million on Tesla Mega batteries and another $131 million on Cybert trucks, which works out to over 1,200 trucks."

"They can take those opportunities to Tesla or any future venture."

"While Tesla hasn't even doubled yet from that 270. As a matter of fact, it's actually trending the wrong way again. Back down closer to that two."

"Well, Tesla skyrocketed up off the bottom of right aroundund I don't remember what it was, 105, 110, whatever the heck the number was all the way up to 270, right?"

"It's very very different than a Google for example or a Tesla or anybody else of that nature."

"The top holdings read like the all-star team of technology. Nvidia, Apple, Google, Microsoft, Amazon, Meta, Micron, Broadcom, AMD, and Tesla."

"Palo Alto is down 2.2 and then the rest is down just 1% or so. As for big tech companies, Oracle is down 2.9, Tesla 1, Meta.7, the rest are a little bit green."

"We want to talk Tesla. We want to talk Apple. We want to talk Microsoft. We want to talk Google. We want to talk Meta. We want to talk Amazon. We want to talk Nvidia. We want to talk AMD. I'll show you every stock."

"It was a bubble, Tesla, and many of those stocks or anything around clean energy and climate change and all these things. They were really, really popular."

"The filing shows that SpaceX bought $131 million worth of Cybertrucks from Tesla last year at full retail price. Guys, it's no secret Tesla has been struggling to sell Cybertrucks. And on top of that, SpaceX spent another $700 million on Tesla battery products to power their AI data centers."

"Okay, we going to crush Tesla and we going to crush spy. I don't care what direction it go."

"AMD, and Tesla."

"Okay, Tesla even has a good setup. Tesla being tied to SpaceX because of Elon Musk. You will also see this one. I'm projecting if we don't get a rug pull, this one might try to test 450 this week at some point in time."

"because you guys were getting absolutely busy and we absolutely tore the spy out the frame and we tore Tesla out the frame because even though last week we had the conference, I still was making money and getting busy in the market."

"I remember back in 2021, every stock on YouTube was the next Tesla because again, people have recency bias. Tesla played out. So this would So Nio was the next Tesla, Xpeng was the next Tesla, this is the next Tesla and none of them ended up being the next Tesla."