You aint lying i drove the P90 4 years ago i haven't felt the same since! At the moment i drive a VW jetta ill milk it for all that its got until about 4-5 years from now get myself a model S by then the price should come down at the moment tesla is too expensive for me
@@cesarforte617 Get a Model 3 or Model Y for half the cost of the Model S. Tesla also sells used Teslas on its web site. You can buy at pretty reasonable prices. No reason to wait. Go electric, enjoy the ride and help the planet.
Amazing Bloomberg even posted this video, doesn't match their bearish stance at all. Also quite shocking to hear an analyst who is basing his insights off reasonable data and sounding intelligent while doing it!
@@debadityasaha1684 well he's kinda right, but also wrong. Tesla isnt JUST a car company, they are a car, solar, and battery company, with all those divisions having the potential to raise teslas value by few orders of magnitude.
EV's are becoming better and cheaper while ICE cars are getting progressively more expensive. Tesla is years ahead of the competition. Most of the hard headed Bears will eventually jump on board sending the stock to +3000.
@@JetsonNityagospel wow another delusional man. So what does BMW sell annually? Like slightly over 1 million vehicles? Correct me if im wrong but they have been around for how long? How long did it take them to reach their sales volume? How long did it take to introduce the line up they have now? Do u think it just happens over night? Wow, people are so stupid.... unbelievable.
@4:53 . "The previous price target I set two years ago was $530. I look at Tesla on a 5-year horizon and what kind of potential the company has... Beyond 2025, Tesla is going to be as large as BMW, much more profitable, and it's still going to be gaining a lot of market share. And it's going to potentially expand margins again, with the software component, like autopilot getting to maturity. By that time the price will be between $1,500 and $2,000. Having a price target of $800 by the end of this year seems against all odds, reasonable."
I seems to be a genius... After the MY launch, ramp up of Shanghai and battery day… it should go > 1000 even that seems low… Then add a start of the SEMI... Will be an interesting year. Really if 2020 ended like this I would be pleased but there are 11 months left… we are getting spoiled. Shorters down 6,2 Billion so far this year and Einhorns fund down 7.6% in 2020... I am starting to believe Musk taunt him just to keep him shorting the stock...
Who feeds these shills questions? She says "they lowered the price of the Model 3 in China" but that's just the reality of building a product locally(Tesla built a manufacturing plant in China in 10 months that is now ramping up production, currently 1000 cars per week) as opposed to shipping it overseas.
Well that would be problematic since earths total assets are 100-200 trillion but even this number is problematic since the worlds total amount of money is "only" 80 trillion.
I hate watching these analysts videos because they just can’t see what tesla has to offer. They have cars that are faster than a Lambo, at an insanely cheap price (in comparison). And even if they realize that it seems they forget they have battery technology years ahead of the competition, solar roofs soon to be released, a semi truck that drives itself and this is just the tip of the iceberg. Yet for some reason big name analysts think of this company as solely an automaker
There are what, around 7 Tesla analysts that understand the deal and Pierre is one of the. The rest have no clue, or if they do, they're just trying to keep the SP down for either accumulation or their shorty clients (good luck with that!!)
Why did he say Tesla will be bigger than BMW in a few years? Tesla is already 2nd only behind Toyota. Edit: may be he meant popularity among luxury cars and not market capital.
I think he meant physically. # of vehicles manufacturered, # of factories. Combine that with Teslas gross margin, and you get the price target he mentioned...
Wretch Gunk “Musk, "I'm a bigger fan of Edison than Tesla." Why? Because "Edison brought his stuff to market and made those inventions accessible to the world." The shunned Serbian-Croatian inventor Tesla "didn't really do that," points out Musk.”
@@Ye-tf9im well, Elon isn't wrong. As a matter of fact, Elon is even more similar to Edison than to Tesla, seeing as he as well has the unique ability to harness engineering and technology as a world changing forces. Imagine if Elon was the same genius he is, but bad at economics and with no entrepreneurship capabilities. We'd have no Tesla, no SpaceX.
@@anow2 most people dont need speed/faster most drivers want smooth acceleration and long range. The price of the vehicle is not cheap and is inferior to most vehicles in that price range when it comes to comfort and quality. Where I live charging costs equate diesel prices when takes into consideration all costs.
max Maxie Guy: what’s your opinion about the ramp up cost weight on the balance sheet? Pierre: you can be sure it will be my #1 question on the call. Then proceed to explain. Beaten face: So what will be your Question? 🤦🏼♂️
Not pierre, 6 years of listening to people who cannot comprehend how smart Elon is. Media, Cramer, many annylists! They always have a good looking suit!
James " the idiot" WAAA ! the facts hurt your little "feelings" Musk is grabbing money from taxpayers, lying idiot ! Deal with FACTS! $4.9 Billion in taxpayer money goes to Musk companies, Idiot ! www.latimes.com/business/la-fi-hy-musk-subsidies-20150531-story.html Musk defends taking US government money " The $1.3 billion that Nevada may wind up awarding Tesla is actually spread out over 20 years" www.latimes.com/business/la-fi-hy-elon-musk-defends-subsidies-20150601-htmlstory.html Musk is one of the top 50 donors to Republicans globalnews.ca/news/4332590/elon-musk-donated-40k-republicans/ Thank for proving your continued stupidity and that you can't find or deal with FACTS! another FACT! anyone over the age of 10 that posts emojis, is a self proven, idiot, LOSER! thank you for confirming that FACT! " Facts do not cease to exist because they are ignored" Aldous Huxley
Not a single car made yet even matches the 2012 tesla model S. Not even any car announced/slated to be launched matches the 2012 model S. Open your eyes man.
LOL. Did u just say software revolution is simple? :D "Any fool can be a programmer" - Rob Martin. However, not every one can be a good programmer. FYI, Tesla's advantage is software over legacy due to its location in Silicon Valley where top notch talent is located and most of the top of the class graduates (from the likes of Cal tech, MIT, Stanford, etc) desire to work for either Tesla or Space X. There is the power of Musk on full display. In short, Tesla will have the brightest guys working on their Machine Learning and AI teams. FYI, Software engineer salaries with total comps (like stock grants) is $350-$500K a year in Bay Area. In Germany, where Porsche is headquartered, they are measy $50-80K in comparison. So, how do u think these other guys can compete?
The problem is Tesla’s model is built heavily on a stack of sun - solar - battery - then charge to another battery in the car. Aside from anything else it’s inefficient. A total loss of energy which Nikola Tesla would scream at. The better option seems to be fuel cells. Hydrogen being the rising vector. And technology is getting better with hydrogen every day. And it solves the one hour wait time to recharge and range anxiety.
Scan End Speaking about fuel cells and energy loss, fuel cells need about twice the amount of energy for the same range. Speaking of range: Toyota Mirai - 500km, Tesla Model 3 - 530km. Hydrogen is a waste of energy with current technology.
@@tripnils7535 I doubt they will ever figure out how to extract/make Hydrogen efficiently. And even if they do, one is still faced with transport and storage of it. It aint gonna scale. I doubt those will ever take off.
All Hidden costs to owning a tesla ,,,,, battery range gets weaker and weaker every year until you’re down to only short trips yup only in 5 years time,,,Unless you get the top model With the top range ..But even thenyou still have the same problem .....then you have to spend 7,000 to get a new battery.Then you start all over again.The hidden costs Tesla doesn’t tell you about ...good luck with that.. And good luck with long road trips.. And the extra speeding tickets you’ll get
All data we have until today tells us another story. 90% left after years of daily charging for a model S taxi for example isn’t near „just short trips“. With an ice car you’ll be spending the same amount on breaks and repairs, so what is the problem?
Pierre Ferragu has actually done some research. One of the few intelligent TSLA analyst I have seen on mainstream news.
Pierre has always been a TSLA Bull.
BattleMage, A SMART BULL $725
clu4u $960
Finally, an analyst that has done his homework. Came to a very similar conclusion. We need more analysts like Pierre. New Street is lucky to have him.
Tesla is building a better product.
Once you drive a Tesla everything else feels like old technology.
You aint lying i drove the P90 4 years ago i haven't felt the same since! At the moment i drive a VW jetta ill milk it for all that its got until about 4-5 years from now get myself a model S by then the price should come down at the moment tesla is too expensive for me
@@cesarforte617 Get a Model 3 or Model Y for half the cost of the Model S. Tesla also sells used Teslas on its web site. You can buy at pretty reasonable prices. No reason to wait. Go electric, enjoy the ride and help the planet.
You ain’t driving a Tesla if you’re homeless good luck with the charger
Like moving from blackberry to iPhone :)
This is the truth. Until someone builds a car that drives like the 3 or S they are going to be way ahead.
Amazing Bloomberg even posted this video, doesn't match their bearish stance at all. Also quite shocking to hear an analyst who is basing his insights off reasonable data and sounding intelligent while doing it!
Justin Peterson
One of the few analyst I have heard that have a clue.
Well TESLA might be > 700 by this week so 800 in another 11 months seems bearish…
650 now
Finally someone gets it!!!!
I get it, do you?
Tesla is not a car company.
It’s crazy that so many people doubted Tesla, they all look like fools now
This man GETS IT!
No. No he does not.
Tesla is NOT a car company.
@@gergc4871 wtf
@@debadityasaha1684 well he's kinda right, but also wrong.
Tesla isnt JUST a car company, they are a car, solar, and battery company, with all those divisions having the potential to raise teslas value by few orders of magnitude.
EV's are becoming better and cheaper while ICE cars are getting progressively more expensive. Tesla is years ahead of the competition. Most of the hard headed Bears will eventually jump on board sending the stock to +3000.
Israel Ramos like years what .. they sold 360,000 cars 😂
@@JetsonNityagospel wow another delusional man. So what does BMW sell annually? Like slightly over 1 million vehicles? Correct me if im wrong but they have been around for how long? How long did it take them to reach their sales volume? How long did it take to introduce the line up they have now? Do u think it just happens over night? Wow, people are so stupid.... unbelievable.
@4:53 . "The previous price target I set two years ago was $530. I look at Tesla on a 5-year horizon and what kind of potential the company has... Beyond 2025, Tesla is going to be as large as BMW, much more profitable, and it's still going to be gaining a lot of market share. And it's going to potentially expand margins again, with the software component, like autopilot getting to maturity. By that time the price will be between $1,500 and $2,000. Having a price target of $800 by the end of this year seems against all odds, reasonable."
Well TESLA might be > 700 by this week so 800 in another 11 months seems bearish…
650 now
Qinby 1 sup
I seems to be a genius...
After the MY launch, ramp up of Shanghai and battery day… it should go > 1000 even that seems low…
Then add a start of the SEMI... Will be an interesting year.
Really if 2020 ended like this I would be pleased but there are 11 months left… we are getting spoiled.
Shorters down 6,2 Billion so far this year and Einhorns fund down 7.6% in 2020...
I am starting to believe Musk taunt him just to keep him shorting the stock...
Tesla is the Apple of the Auto Industry
Well said
Tesla is the Tesla of the auto industry.
And guess what, just now their share passed 900$
five days later and he's already right
Good interview! Bloomberg always deliver the good stuff. Keep it up guys!
Who feeds these shills questions? She says "they lowered the price of the Model 3 in China" but that's just the reality of building a product locally(Tesla built a manufacturing plant in China in 10 months that is now ramping up production, currently 1000 cars per week) as opposed to shipping it overseas.
Is it time to short the other manufactures?
The company is worth more than all other companies combined. Its real value is like 850 trillion.
*Zimbabwe dollars
More like 500 trillion.
@@michelangelobuonarroti916 www.amazon.co.uk/Reserve-Bank-Zimbabwe-Dollar-Banknote/dp/B00DMIHGH2
Well that would be problematic since earths total assets are 100-200 trillion but even this number is problematic since the worlds total amount of money is "only" 80 trillion.
@@qinby1182 tesla is from planet Bong
Ferragu has great Tesla insight.
And today, he is proven right!
Awesome insight. Awesome accent.
Finally positive opinion, thanks for that!!!
Well, $800 doesn't sound crazy after a day when the stock just moved up by $130, good call Pierre
In NYC a stolen Tesla is called Edison!😂🥊
Well TESLA might be > 700 by this week so 800 in another 11 months seems bearish...
I hate watching these analysts videos because they just can’t see what tesla has to offer. They have cars that are faster than a Lambo, at an insanely cheap price (in comparison). And even if they realize that it seems they forget they have battery technology years ahead of the competition, solar roofs soon to be released, a semi truck that drives itself and this is just the tip of the iceberg. Yet for some reason big name analysts think of this company as solely an automaker
TSLA has been building its muscle for more than a decade, no one is going to catch up, they are all doomed.
There are what, around 7 Tesla analysts that understand the deal and Pierre is one of the. The rest have no clue, or if they do, they're just trying to keep the SP down for either accumulation or their shorty clients (good luck with that!!)
STOCKS OPEN GUYS! BUY BUY BUY!!!! IT WILL REACH 800 NEXT WEEK!!!!
Why did he say Tesla will be bigger than BMW in a few years? Tesla is already 2nd only behind Toyota.
Edit: may be he meant popularity among luxury cars and not market capital.
I think he meant physically. # of vehicles manufacturered, # of factories. Combine that with Teslas gross margin, and you get the price target he mentioned...
@@kschleic9053 yes in terms of volumes.
revenue
Yeah I think in terms of sales. Hoever in December SEC started investigation on BMW couting cars in inventory as sales so....
Yeah I think in terms of sales. Hoever in December SEC started investigation on BMW couting cars in inventory as sales so....
Dear Elon musk. What did you have done in honor of great Nikola Tesla. Thank you
Saif-ul Kamal don’t get it confused he’s a Thomas Edison fan more than Tesla
Wretch Gunk there was a 2008 interview of wether Tesla or Edison and Elon favored Edison more.
Wretch Gunk “Musk, "I'm a bigger fan of Edison than Tesla." Why? Because "Edison brought his stuff to market and made those inventions accessible to the world." The shunned Serbian-Croatian inventor Tesla "didn't really do that," points out Musk.”
@@Ye-tf9im well, Elon isn't wrong. As a matter of fact, Elon is even more similar to Edison than to Tesla, seeing as he as well has the unique ability to harness engineering and technology as a world changing forces. Imagine if Elon was the same genius he is, but bad at economics and with no entrepreneurship capabilities. We'd have no Tesla, no SpaceX.
@@ynordia an idea/invention is shit if you cant make money off of it.
Funny how accurate could he be again after the stock split
Tesla needs to split to keep their retail support basis
They hit 200B. Unbelievable
electricity prices already increased dramatically last year and I dont even have an EV...
Seams the same too me. I have an electric furnace its pretty much a EV.
Good. That will help Tesla's solar roof sales.
in China? 🤔
good thing its still cheaper than gas, and more luxurious + faster than any other car at its price range.
@@anow2 most people dont need speed/faster most drivers want smooth acceleration and long range. The price of the vehicle is not cheap and is inferior to most vehicles in that price range when it comes to comfort and quality. Where I live charging costs equate diesel prices when takes into consideration all costs.
highly doubt it
Sometimes you nail it!!!
2:17 Beaten face.
max Maxie
Guy: what’s your opinion about the ramp up cost weight on the balance sheet?
Pierre: you can be sure it will be my #1 question on the call. Then proceed to explain.
Beaten face: So what will be your Question? 🤦🏼♂️
@@1943vermork 😂😂😂
800 is pretty high after split
Tesla is like french cheese - it tastes better than it smells.
Wtf is tesler?
911 last week, 808 right now lol
Rule of thumb, do not bet against Elons companies guy.
$6000 😂😂😂 slow down y’all
Come on #yanggang donate to Andrew Yang's campaign. We need to hit 3 million by end of tomorrow
Dauren Asrymbetov lol go away he’s a loser and this isn’t the forum for tour politics
We don’t gaf about yang bro
Wicked, I agree 100%
As I said Tesla will hit $1500 in the next 2-5 years
Blow way past that in less than 5 years.
2 years
Should i invest now
Wtf did he say?? Can you get subtitles when this guy talks??
@Weed To sophisticated for me, I'm only a gerbil
Click on the subtitle button inside the UA-cam player.
English is not my forts language, and I understood him fine. Maybe you are just not good at English?
@@JanBruunAndersen Maybe, I am from New Jersey
@@satoshigerbil8789 You mean people from New Jersey can't even spell 3 letter words?
good job, fomo in and buy at all time high. prepare to get rekt....
Elon Musk = Global Defiance
6 weeks ago stock analyst to me he wanted to make money and not buy tesla-
me buy $30k tesla - who is do U want to listen to now -lol
Fk me I sold Tesla at 569, yesterday...fk me.
Loose the suit! You know nothing media! No one can take someone serious in a suit 2020
Whom are you mad at?
Not pierre, 6 years of listening to people who cannot comprehend how smart Elon is. Media, Cramer, many annylists! They always have a good looking suit!
Yup.. Go Tesla!!
They finally wake up, 7 years later xD..
Huge dump incoming ----____
Always do opposite of these guys
The short on this will be a lot of money what goes up must come down
Yes, like Apple and Amazon and...oh wait....what?
LOL
James " the idiot" WAAA ! the facts hurt your little "feelings" Musk is grabbing money from taxpayers, lying idiot ! Deal with FACTS! $4.9 Billion in taxpayer money goes to Musk companies, Idiot ! www.latimes.com/business/la-fi-hy-musk-subsidies-20150531-story.html Musk defends taking US government money " The $1.3 billion that Nevada may wind up awarding Tesla is actually spread out over 20 years" www.latimes.com/business/la-fi-hy-elon-musk-defends-subsidies-20150601-htmlstory.html Musk is one of the top 50 donors to Republicans globalnews.ca/news/4332590/elon-musk-donated-40k-republicans/ Thank for proving your continued stupidity and that you can't find or deal with FACTS! another FACT! anyone over the age of 10 that posts emojis, is a self proven, idiot, LOSER! thank you for confirming that FACT! " Facts do not cease to exist because they are ignored" Aldous Huxley
Bear gang
Uh, uuh, uhh
It will be nothing once competitions come up with better products. Unfortunately software revolution is simpler than industrial revolution
Not a single car made yet even matches the 2012 tesla model S. Not even any car announced/slated to be launched matches the 2012 model S. Open your eyes man.
LOL. Did u just say software revolution is simple? :D "Any fool can be a programmer" - Rob Martin. However, not every one can be a good programmer. FYI, Tesla's advantage is software over legacy due to its location in Silicon Valley where top notch talent is located and most of the top of the class graduates (from the likes of Cal tech, MIT, Stanford, etc) desire to work for either Tesla or Space X. There is the power of Musk on full display. In short, Tesla will have the brightest guys working on their Machine Learning and AI teams. FYI, Software engineer salaries with total comps (like stock grants) is $350-$500K a year in Bay Area. In Germany, where Porsche is headquartered, they are measy $50-80K in comparison. So, how do u think these other guys can compete?
The problem is Tesla’s model is built heavily on a stack of sun - solar - battery - then charge to another battery in the car. Aside from anything else it’s inefficient. A total loss of energy which Nikola Tesla would scream at. The better option seems to be fuel cells. Hydrogen being the rising vector. And technology is getting better with hydrogen every day. And it solves the one hour wait time to recharge and range anxiety.
Total loss of energy? :DDDD Wow, so something that uses Sun to be sustainably is a total loss? Wow.
Scan End Speaking about fuel cells and energy loss, fuel cells need about twice the amount of energy for the same range. Speaking of range: Toyota Mirai - 500km, Tesla Model 3 - 530km. Hydrogen is a waste of energy with current technology.
@@tripnils7535 I doubt they will ever figure out how to extract/make Hydrogen efficiently. And even if they do, one is still faced with transport and storage of it. It aint gonna scale. I doubt those will ever take off.
All Hidden costs to owning a tesla ,,,,, battery range gets weaker and weaker every year until you’re down to only short trips yup only in 5 years time,,,Unless you get the top model With the top range ..But even thenyou still have the same problem .....then you have to spend 7,000 to get a new battery.Then you start all over again.The hidden costs Tesla doesn’t tell you about ...good luck with that.. And good luck with long road trips.. And the extra speeding tickets you’ll get
All data we have until today tells us another story. 90% left after years of daily charging for a model S taxi for example isn’t near „just short trips“.
With an ice car you’ll be spending the same amount on breaks and repairs, so what is the problem?
Pinkie Love
has been misinformed.
wow, another fool spreading propaganda. Do you own a Tesla? If not then STFU.
STOCKS OPEN GUYS! BUY BUY BUY!!!! IT WILL REACH 800 NEXT WEEK!!!!
STOCKS OPEN GUYS! BUY BUY BUY!!!! IT WILL REACH 800 NEXT WEEK!!!!
STOCKS OPEN GUYS! BUY BUY BUY!!!! IT WILL REACH 800 NEXT WEEK!!!!