Elon Musk Says Sell Tesla Stock on Earnings Call

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  • Опубліковано 11 вер 2024

КОМЕНТАРІ • 187

  • @realchris
    @realchris  Місяць тому +1

    🏠 Start Investing! www.chrisnorlund.com/invest

    • @GahMehGrrrr
      @GahMehGrrrr Місяць тому +1

      But but butt, Just you wait until 3035.We will all be trillionaires. Everyone will have at least twenty five robots each and Forty five cars each working as ubers....😂😂😂

    • @xyzmediaandentertainment8313
      @xyzmediaandentertainment8313 Місяць тому +2

      Your so dumb chris. You don't know anything. You're so dumb. Elon musk is so smart.

  • @gilrose12345
    @gilrose12345 Місяць тому +41

    It is hard to convince cult members.

  • @Mark-qq9cd
    @Mark-qq9cd Місяць тому +46

    Thanks for the update. Saved me from listening to Musk.

    • @DLinton
      @DLinton Місяць тому +2

      Is there any way to listen through infinite mumbling and unplanned statements?

    • @IndyAvocadoKid
      @IndyAvocadoKid Місяць тому +3

      @@GeorgeSchneider8889true, too much competition now, for one example car reviewers seem to like the new Hyundai Ioniq 5 N🤔😏😊

  • @TheDaftySage
    @TheDaftySage Місяць тому +18

    How is he not in prison for lying to investors?

    • @johnmcvicker6728
      @johnmcvicker6728 Місяць тому

      @@TheDaftySage SEC’s Gensler said that they do not want to hurt investors. They have let it go too far and that is part of Elon’s defense.now. “If it was so bad, why didn’t you stop me?”

  • @darinmckee2320
    @darinmckee2320 Місяць тому +23

    Sold all my shares on Monday. Undoubtedly the right move!

    • @realchris
      @realchris  Місяць тому +6

      After that earnings call hard to take anything they do seriously

    • @johnmcvicker6728
      @johnmcvicker6728 Місяць тому +6

      Take the win. This name is simply a gamblers' stock and the jackpot had risen. Cathie Wood also sold then.

    • @walden6272
      @walden6272 Місяць тому +1

      @@johnmcvicker6728 She sold before earnings. I wonder if Elon tip her off. Insider trading I suspect.

    • @davidbrayshaw3529
      @davidbrayshaw3529 Місяць тому +1

      @@johnmcvicker6728 That is exactly what it is. Gambler's stock. Normal metrics to not apply and the market does not respond in a rational and predictable manner. Q1 was a similar disaster to yesterday and the stocks rallied. Go figure. Lunacy.

  • @merphul
    @merphul Місяць тому +28

    EV car sales aren't important... autonomous EV car sales are what is really important.
    Giga-brain strategy. That's like Disney saying that the Disneyland tickets sales don't matter, what matters is Disneyland merch sales.

    • @davidbrayshaw3529
      @davidbrayshaw3529 Місяць тому

      But there are no autonomous cars. They don't exist. You can't sell what you don't have to sell.

    • @merphul
      @merphul Місяць тому

      @@davidbrayshaw3529 true. But Elon and gang pretend that they do/will exist (next year), so just refuting the scenario that he's put forth that you can somehow profit from a self-driving car system with a reduced incentive for consumers to buy your cars.

  • @Jimmerca
    @Jimmerca Місяць тому +27

    Musk conference call was a total complete disaster, which was to be pretty much expected… Keep getting the word out Chris you can only help those who will listen👍🏻👍🏻

  • @mikapeltokorpi7671
    @mikapeltokorpi7671 Місяць тому +24

    Yes. Musk was all over on that call. Most of the time, he sounded like he was not believing what he himself was saying. That alone should rise conserns about Tesla.

    • @realchris
      @realchris  Місяць тому +14

      The pumpers are saying everything is good.

    • @IndyAvocadoKid
      @IndyAvocadoKid Місяць тому +6

      @@realchrisfwiw, Musk could totally disappear for 10 years and pumpers would say he's working on a top secret project for 10 years🤔🙄😏jk

    • @larryo6874
      @larryo6874 Місяць тому +4

      Musk seems to trying to do everything at once which means nothing will get done.

  • @viyye
    @viyye Місяць тому +28

    he is getting himself ready for law suits

  • @JohnH1
    @JohnH1 Місяць тому +26

    He has backed out of giving Trump 45 million a month so things must be going really well :)

    • @ericp1139
      @ericp1139 Місяць тому +9

      Same dude that tried to walk back his joke to buy Twitter, but was legally forced to.

    • @IndyAvocadoKid
      @IndyAvocadoKid Місяць тому +8

      This donation really seemed odd anyway since Trump has never liked EVs🤔🙄😏

    • @walden6272
      @walden6272 Місяць тому +1

      @@IndyAvocadoKid He was only lying about donation to win some points from the Maga crowd. More and more people are realizing he is a phony. Trump once call Elon a BS artist.

    • @larryo6874
      @larryo6874 Місяць тому +1

      @@IndyAvocadoKid
      Musk probably wants tax breaks or continued SpaceX contracts.

    • @onsokumaru4663
      @onsokumaru4663 Місяць тому +4

      @@IndyAvocadoKid Deals like these aren't superficial, there's more to this than just EVs.

  • @one1blue
    @one1blue Місяць тому +19

    As an Elon interpreter let me help everyone out. Here’s what his entire conference call can be summarized into
    Elon: Listen everyone why are you all so worried about all that old stuff I never delivered on? I have all new stuff I’ll never deliver on to talk about.
    The end.

  • @johnchin1456
    @johnchin1456 Місяць тому +9

    elons daughter has gone trans, Elons dad married his step daughter and she had two kids by him, such is the musk family

    • @jacqdanieles
      @jacqdanieles Місяць тому +4

      Fits in well with the trump soap opera 😂

  • @LibertyFX
    @LibertyFX Місяць тому +6

    Note to self for future reference. Ketamine addicted Twitter trolls with breeding obsessions make bad CEOs.
    Who could have known? 🤣

    • @jacqdanieles
      @jacqdanieles Місяць тому

      They make bad presidents too (Adderall instead of ketamine)

  • @aalvarez2914
    @aalvarez2914 Місяць тому +8

    He already siphoned off 100% of the net profit from the last 3 years into that bonus package, since they barely made $50b in net profit over the last few years combined. Poof, into his package he also used the company money for the pr blitz to sell them on. Why wouldn’t he come up with something to siphon more?

    • @bartvanderheijden7055
      @bartvanderheijden7055 Місяць тому

      xAI is going to be another attempt to siphon off money from Tesla as Tesla will need something like that for Robotaxi and Optimus.

    • @criticalevent
      @criticalevent Місяць тому +3

      Take out capital raises and Tesla has made about $5.00 in net profit.

    • @walden6272
      @walden6272 Місяць тому +5

      He is going to funnel $5 Billions to his private company xAI. He's a true grifter. Tesla investors are suckers.

    • @Theweouthereforrealclub-
      @Theweouthereforrealclub- Місяць тому +3

      Its okay, they can afford it. They gutted the employee raise and bonus structure and fired thousands of people.

  • @darinmckee2320
    @darinmckee2320 Місяць тому +8

    Elon gets butthurt soo easily...
    SMH

    • @IndyAvocadoKid
      @IndyAvocadoKid Місяць тому +3

      @@James-hd4msold retired Pillsbury's doughboy taps you on the shoulder and says "people never stopped loving me, because they thought my giggle was cute!"👍😏😁😂Jk

  • @jikan-tabi-1888
    @jikan-tabi-1888 Місяць тому +5

    Imagine 4 more years of elønny as the cringeworthy ceø. 🤦🏼

  • @Niceboxx
    @Niceboxx Місяць тому +9

    Congratz on 37k Chris. Next stop 100k! 🎉

  • @williamgeorgefraser
    @williamgeorgefraser Місяць тому +3

    What accessories will be offered with SpaceX water when humans are finally sent to Mars?
    "It will be wet. Much wetter than water on Earth. It will be the wettest water that has ever existed in the universe".

  • @alkalineorganicfanatic8655
    @alkalineorganicfanatic8655 Місяць тому +4

    How Musk has the nerve to suggest he supports merit and freedom is beyond me…what a typical Elon clown show!

  • @fredrik3685
    @fredrik3685 Місяць тому +5

    Is it "Next Year" Elon is going to populate Mars, release the new Roadster, download human consciousness to a computer, start Hyperloop, start the Loop system, save the kids trapped in a underwater cave in Thailand and introduce battery swap in 90 seconds?

  • @b21raider27
    @b21raider27 Місяць тому +5

    “Next year” as always.
    A car manufacturer with declining vehicle sales (now two Qs in a row).
    As Jean-Luc Picard would say “All hands abandon ship!”

    • @larryo6874
      @larryo6874 Місяць тому +1

      And true autonomous driving is always next year.

    • @davidbrayshaw3529
      @davidbrayshaw3529 Місяць тому

      @@larryo6874 12-18 months at the most, I swear, it's easy, we can do this tomorrow.

  • @michaellynghaug8924
    @michaellynghaug8924 Місяць тому +5

    Tesla stock - biggest religion on planet earth

  • @honkbalpoort
    @honkbalpoort Місяць тому +6

    I didn't know about the Kamala Harris video describing herself to visually impaired people. People on the right and Elon use that video as a whipping stick for wokeness. I don't always agree with you on politics, but People Right also has some terrible actors and uses people ignore against them.

    • @realchris
      @realchris  Місяць тому +2

      For anything in life Google is your friend :) Appreciate you watching!

  • @equious8413
    @equious8413 Місяць тому +3

    Every time he refers to other people's property as part of the "Tesla Fleet", people should be selling.
    It's madness to think the average person will let their vehicle drive about unsupervised. No one can afford a single thing going wrong.

  • @criticalevent
    @criticalevent Місяць тому +4

    Tradingview this morning had the headline "Elon Musk predicts Tesla's value could hit $5 Trillion from self-driving cars and see potential for $30 trillion with humanoid robot assistants." right above the TSLA chart showing the premarket crash. Comedy is legal again.

    • @jacqdanieles
      @jacqdanieles Місяць тому +2

      And once the flying cars are launched, the value should easily surpass $50 trillion ...😂

  • @memydrone7079
    @memydrone7079 Місяць тому +14

    Sell sell sell 😂

  • @memydrone7079
    @memydrone7079 Місяць тому +7

    Pope Elon has spoken…now kiss the ring Chris 😂

    • @222aint
      @222aint Місяць тому +1

      He prefers to be called Electric Jesus.

  • @WasabiJohn
    @WasabiJohn Місяць тому +3

    Musk reminds me of what happened to Elvis in the last few years of his life...

  • @ALifeWellSteved
    @ALifeWellSteved Місяць тому +3

    Idk to me describing the room to a blind person like they’re a slow child seems incredibly condescending to me. If you were born blind how do you know ow what a “blue suit” even looks like? It’s still very “Ablest” to use visual language to talk to a blind person. Also they are there to hear about policies, where she’s sitting or what she’s wearing is totally irrelevant. And blind people can tell your gender just as easily as anyone who can see. It’s all performative to show she cares because in reality she couldn’t be bothered with anyone but herself.

  • @otto2468
    @otto2468 Місяць тому +3

    Musk was obviously referring to the pronounce. And I agree, identity politics only lead to chaos. Always has always will

  • @tylp4199
    @tylp4199 21 день тому +1

    Strange that not more people see this and keep investing in air or a small casual car company!!! Even more bizarre is that it's legal 🤔

  • @doncarlodivargas5497
    @doncarlodivargas5497 Місяць тому +6

    I have tesla stuff, and my flame thrower have no autonomity

    • @merphul
      @merphul Місяць тому +5

      autonomous flame throwers has to be a sign that we've reached the singularity.

    • @doncarlodivargas5497
      @doncarlodivargas5497 Місяць тому +4

      @@merphul - perhaps I should be glad Elon Musk not supply the world with autonomous flame throwers when I think about it

    • @snooganslestat2030
      @snooganslestat2030 Місяць тому +2

      More reliable than the cars?!

    • @IndyAvocadoKid
      @IndyAvocadoKid Місяць тому +1

      @@doncarlodivargas5497Hmmm, AI flamethrower might set you on fire for using really cheap fuel🤔🙄😏jk but FSD flamethrower would need to be manually controlled to avoid setting bicyclists on fire😂

    • @doncarlodivargas5497
      @doncarlodivargas5497 Місяць тому +1

      @@snooganslestat2030 - perhaps the reason why I'm still alive

  • @KingOfMadCows
    @KingOfMadCows Місяць тому +2

    I don't think they talked about the Tesla semi. Wasn't that supposed to completely revolutionized logistics and put trains out of business?

  • @lexlayabout5757
    @lexlayabout5757 Місяць тому +2

    Notice @9:00 Musk mentions electrification of cars, aircraft and boats, but not railways. That is because of his pathological hatered of railways.

  • @harrynac6017
    @harrynac6017 Місяць тому +1

    An age of abundance. A house with 2 parents, 2 kids at least, 4 robots at least, and an airco at maximum level. We can keep in shape on a home trainer with a dynamo. Free energy for everyone.

    • @harrynac6017
      @harrynac6017 Місяць тому +1

      Little sidenote: there are over 300 million people facing food insecurity chronically. I bet there are a lot more people just above that level.

  • @timr32
    @timr32 Місяць тому +1

    Nice to hear someone speak the truth

  • @alexhubble
    @alexhubble Місяць тому +1

    Chris, so the professionals maybe / clearly are hearing this. What's their route to walk away? Making polite chat during the meetings and selling on the QT? No one wants to a) burst the bubble b) be there when it bursts.
    Of course for them it's 1% or less of funds. Unlike retail....

  • @joegeorge3367
    @joegeorge3367 Місяць тому +1

    FCF for the quarter was just over $1B - but they need to spend $10B on chips for a division that won't pay back $TSLA. nice.

  • @dovid-19
    @dovid-19 Місяць тому +1

    Elon should just say he's gonna sell a bajillion zillion at this point since he's making up numbers

  • @t1ll316
    @t1ll316 Місяць тому +3

    Its such a shtshow at this point

  • @paulomoniz7326
    @paulomoniz7326 Місяць тому +3

    Next year!

  • @masterheke7339
    @masterheke7339 Місяць тому +1

    Tesla installs a new CEO focused on EV Vehicles, updates current line, Improves Cybertruck & releases a roadster Tesla do ok as a company.

  • @HornetVF103
    @HornetVF103 Місяць тому +1

    Elon is grabbing the only lifeboat on the sinking ship. You are on your own!

  • @GuyBlack-nf5dt
    @GuyBlack-nf5dt Місяць тому +1

    3 cities in China have had robotaxies for a while and have done a total of 3-4 million rides at knock down prices

  • @onametaquest
    @onametaquest 16 днів тому +1

    I feel that Elon has completely lost track of what the core goal was all along. Good affordable electric vehicles. FSD was always a side project and a cool one. But that is not something they should be betting the whole company on. Because of this the cars have been neglected and it shows. FSD is not some magical tech that only Tesla can make, especially with whats possible now. If people who care about Tesla do care, they should start thinking about this and remembering that the cars are their core business. Everything else is a side project. If they had made a compact car I think they would have been doing so much better right now. The truck was a total failure. Oh and his behaviour is absolutely unhinged, the Twitter nonsense is insane and immoral. What sort of leader acts like this. Not a real one.

  • @thirdrockjul2224
    @thirdrockjul2224 Місяць тому +1

    Keep telling the truth Chris! 👍

  • @joegeorge3367
    @joegeorge3367 Місяць тому +1

    auto recovery personnel will need to move cars so having no pedal or wheel is gonna be a problem.

  • @johnmcvicker6728
    @johnmcvicker6728 Місяць тому +1

    Speaking of numerology - 8/8 and 10/10. I worked at a firm in the 90s. They had version #s of 4, 10, 11 and then jumped to 15. Avoided #14 due to Chinese numerology and our CEO was Chinese. 14 apparently meant "certain death". 13 is the general one to avoid. So, will their FSD version # jump from 12.x to 15.x ?

  • @skytech2501
    @skytech2501 Місяць тому +1

    this guy smile is the creepest thing I've seen. EDS will kill your brain cells

  • @mddell24
    @mddell24 Місяць тому +1

    'Sunk cost' fallacy. This is especially true of people that believe they are smarter than those around them.
    "Educated" have a strong belief in their judgment. Only problem is, they are human and as fallible as the next person.
    Can USA afford a monumental domino fall at this point?

  • @moofymoo
    @moofymoo Місяць тому +1

    are tesla pumpers telling me, that kid who work in lithium mines next year will buy one or maybe two tesla robots?

  • @JH-pe3ro
    @JH-pe3ro Місяць тому +1

    I went for a short play after the last earnings call, got burned and took my losses, but after reviewing this day, the election news and everything else, it's back on. Tesla has some fundamental book value, but I figured out a few months ago that Elon's strategy isn't appropriate for where the company is, where the market is going, and the state of the tech he's trying to hype. He just got a little boost from tying himself to conservatives, and now he's running away from that.

  • @danlowe8684
    @danlowe8684 Місяць тому +1

    Chris, you're sooo mean!!! LOL...If the Robotaxi is so profitable, why would Tesla sell them?? Why not keep them in-house and pocket all of that free cash?? This is how Elon scammed so many and made BILLIONS by stating in the 2010's, "...and you must purchase the FSD ($15,000) with the car. It cannot be added on later. if you want to make $ 50K/yr..". Such BS. And the phantom braking is such a huge problem that is never addressed. Teslas jam the brakes for no reason, and they cannot fix it (same with Rivian and others). Crazy that they tout FSD but cannot stop this danger.
    The robot thing is such a joke!!! Robots have been around for many decades (they are in his auto factories). So have rockets (since 1930's)...so have satellites (since 1950's)...so have spaceships (since 1960's), so have tunnel boring machines (since 1890s)...so have electric vehicles (since 1890s)...so have vacuum tubes (1890s)...Everything Elon claims to have invented is at least 60 years old!!! SMH...Thanks, Chris!!!

  • @larryo6874
    @larryo6874 Місяць тому +1

    I am rather skeptical about how well an Optimus robot would sell. The robot dog that Boston Dynamics sells is $75,000 and it can’t do much except walk around and move its head. A true human like robot would have to be able to perform considerable more so it would have to cost more. So let’s say an Optimus Robot would cost $120,000. How many people could afford this and would companies want to buy a humanoid robot when they can just use a robotic arm attached to a cart with a camera? So even if Tesla succeeds making a reasonably good robot I just don’t see it selling that well.

    • @jacqdanieles
      @jacqdanieles Місяць тому

      Musk is a child in a grownup's body. His billions literally allow him to turn his comic-book fantasies into reality. Sometimes they succeed -- Tesla & SpaceX -- sometimes they implode -- Boring Co.
      But he's now pushing the limits of reality even with the ones that succeeded. Hence you have Cybertruck, robotaxi, Optimus, etc with Tesla. And outlandish Mars colonies with SpaceX.

  • @jakesiu7773
    @jakesiu7773 Місяць тому +3

    Tesla is like Elon personl bank...imagine if other ceo does what he did.

  • @user-qb8qm4mp5n
    @user-qb8qm4mp5n Місяць тому

    Luxury brands have grades. For example, buying an LV bag at $1,300 at a mall outlet is not the same bag at $4,000 at one of their metro stores. It's not completely out of whack for Tesla to make less expensive cars. They won't be the same in luxury as the more expensive ones.

  • @DavidSmith-qf4zj
    @DavidSmith-qf4zj Місяць тому +1

    The real joke is people believe him.

  • @ArnoldBanzai
    @ArnoldBanzai Місяць тому +1

    Investing in Tesla is wild

  • @alkalineorganicfanatic8655
    @alkalineorganicfanatic8655 Місяць тому +1

    Chris, do you think eventually Elons play will be to license rebranded Baidu self-driving tech to the other automakers in the US, loophole style?

  • @meehanasap
    @meehanasap Місяць тому +2

    Diapers for those extra long shifts i suppose

  • @joegeorge3367
    @joegeorge3367 Місяць тому +1

    incredible. public company's access the public markets so individual, institutional, pension funds etc. will invest. and the Directors and Officers have a responsibility to represent shareholders - and the king Officer tells people to sell. Idiocy at its finest.

  • @andrewstorm8240
    @andrewstorm8240 Місяць тому

    Product architect?? If OEM wants to sign Tesla FSD they have to sign agreement now so they can build it in for next range

  • @stuart2151
    @stuart2151 Місяць тому

    I've been a long term Tesla share holder, but after the disappointing earnings call I felt it was time to exit the trade.

  • @ScottLahteine
    @ScottLahteine Місяць тому

    That’s what you really want in the guy who runs the company: Pollyanna promises and dismissal of stockholder genuine concerns. Everything will be great if everything goes exactly our way. By the way, my Ketamine is government subsidized!

  • @ImageTwoImage
    @ImageTwoImage Місяць тому +1

    Down just about $30 at 11:00am, I guess they took his advice

  • @johnmcvicker6728
    @johnmcvicker6728 Місяць тому

    Robotaxis - they have no automation of charging devices. These are EVs. They cannot work 24x7 without millions of such devices in place ahead of time. And fleets can be shut down if enough accidents happen. Lacking everything except cameras - I just don't see a successful solution for Robotaxi for years to come.

  • @tl214amos4
    @tl214amos4 Місяць тому +1

    For the algorithm! Always enjoy your videos

    • @realchris
      @realchris  Місяць тому +1

      I appreciate that!

  • @estosgarage486
    @estosgarage486 Місяць тому

    He’s basically asking:
    May I move Shells?
    🐚 🐚🐚🐚🐚 ➡️ 👀

  • @Nah-kh
    @Nah-kh Місяць тому

    China FSD is essentially remote driving … there are already a lot of people exposing it on X. So Tesla could also be the same?

  • @LennarthAnaya
    @LennarthAnaya Місяць тому

    We're just dumb and don't understand, humans drive without sensors and only with our eyes, a couple of cameras should outsmart the cameras and the sensors other manufacturers employ.

  • @user-ze6nh9mn7p
    @user-ze6nh9mn7p Місяць тому +1

    Chris, can You do some content about Jeremy Lefubu.

  • @sjg4967
    @sjg4967 Місяць тому

    Is it really possible that Tesla can deliver an all new model in 12 months or less and no one has seen even a test mule?

  • @mrmeehan3896
    @mrmeehan3896 Місяць тому

    Everything you critique tesla price goes up. In volkswagon with 600 km today very impressive. Elon is definitely looking for the exit.

  • @johnmcvicker6728
    @johnmcvicker6728 Місяць тому

    This 5B "investment" (related-party transactions) likely would be funded by an ATM market offering to generate these funds.

  • @PerfectoKiss
    @PerfectoKiss Місяць тому +1

    Elmo looking for a new scam.

  • @jasonlucas2328
    @jasonlucas2328 Місяць тому +1

    Elon Musk would jump ship after 56 billion package if I were him.

  • @notchism
    @notchism Місяць тому

    Accessories- I’m pretty sure they patented “model Vj”

  • @bosoerjadi2838
    @bosoerjadi2838 Місяць тому

    3:49 lmao, all GM, Ford and Rivian employees voted yes

  • @thepassionate3335
    @thepassionate3335 Місяць тому +1

    Regardless expect a mini pump in the short term

  • @Roddy451
    @Roddy451 Місяць тому

    10/10/XXXX? No year... If your answers include "I guess", "I think", "I suppose", you are incapable of giving investors a reassuring answer that you are on a solid path forward.

  • @eigenman30
    @eigenman30 Місяць тому

    Non story. Elon didn't say "Not Financial Advise" when he told that analyst to sell.

  • @Barry-sx4gj
    @Barry-sx4gj 3 дні тому +1

    Fully Automated Vehicles will not be 99.999% Safe for at Equal to or Greater Then 100 Years!
    Based on my Experience Basic Automotive design on Drive By Wire has to have at least Double Redundancies Minimum!
    Air and Space Crafts need Triple Redundancies Minimum!
    With fully Autonomous Driving within Occupied Areas especially in Urban Cities to get to 99.999% Safety, Basically it would take at least Five Redundancies Minimum!
    During President Carter Term there was a Recommendation to switch from American Standard Measurements to Metric Measurement Standard and it went no where!
    To have a 99.999% Fully Automated Vehicles 100% of the World Would have to agree to it, work and finance only at that point implementation would take over 50 years!
    Reality and Fiction/Opinion/Dreaming/Fantasy/Hype/Propaganda is not the same and outcome are usually Different!

  • @AlfonsoPeake
    @AlfonsoPeake Місяць тому

    I haven’t used Twitter since Musk took over. It’s dead to me

  • @Seoulsearch616
    @Seoulsearch616 Місяць тому

    Lol at the beginning animation! 😂

  • @johnmcvicker6728
    @johnmcvicker6728 Місяць тому

    Realize that they don't need the capacity of Mexico. They will "blame" someone (Trump) for not building a Mexico plant - rather than admitting their growth has a limitation. One more thing - they also said in the print that they have 50% growth capacity in current factories without building new factories - yet they say they will build 20 Million a year by 2030. Nothing adds up with that formula. Trump said in 2023 - "EVs ... let's get rid of them". Good luck.

    • @davidbrayshaw3529
      @davidbrayshaw3529 Місяць тому +1

      One of the faults of Tesla's business plan has been that it has been wholly expansionary. There was never a plan for contraction.

    • @johnmcvicker6728
      @johnmcvicker6728 Місяць тому

      @@davidbrayshaw3529 this year they may actually have zero growth in car sales. Let’s see how it goes.

  • @mosshark
    @mosshark Місяць тому

    That's beyond pessimistic. unreal.

  • @paulanderson2963
    @paulanderson2963 Місяць тому

    Elon: "Buy Tesla"
    Us: "Somehow the numbers don't look right and Elon nothing you've promised has really come through"
    Elon: "That's just noise, buy Tesla"
    Chris you don't even have to make jokes about this, the jokes they write themselves, this is comedy Gold.

  • @WasabiJohn
    @WasabiJohn Місяць тому +1

    Is Elon building out X-AI to be his golden parachute when he leaves Tesla?

    • @realchris
      @realchris  Місяць тому

      That's what it's looking like.

  • @lazslostpierre9951
    @lazslostpierre9951 Місяць тому

    Looking forward to getting my Tesla roadster...wait, what?

  • @nicholasripp386
    @nicholasripp386 Місяць тому

    The new Lotus SUV has lidar and is well in advance of Tesla...

  • @jonnelson9760
    @jonnelson9760 Місяць тому

    Optimus will be naked.

  • @larswhitt1549
    @larswhitt1549 Місяць тому

    Sell, sell, sell damnit!

  • @urbpharmer2718
    @urbpharmer2718 Місяць тому

    I thought this call would be low energy. My opinion is that all Elon cares about with Tesla is extracting the most money as possible. The previous call he was much more focused on pumping the stock up. He wanted the stock to be higher but it really took off. My theory for low energy this time is that he wants the stock on the low side until he secures his next compensation plan and gets resolution on the current one. Yesterday's call focus was to lower the stock price and it worked.
    This is a stretch but I believe that XAi is going to take over FSD development. It seems to me that everything he say and does points to Tesla outsourcing development to XAi. Time will tell. Elon changed his mind on the donation to Trump since it was clear after Biden dropped out that it was no longer a certainty that he will win. Elon better hope Trump doesn't win. Elon embarrassed Trump and in process made himself a target for retribution.

  • @kevinballinas
    @kevinballinas Місяць тому

    20 billion robots? Why not 100 billion robots? /S

  • @magnum-kj5ip
    @magnum-kj5ip Місяць тому

    After a 50% net income drop he wants to invest 5B in an idea?

  • @tommcmullen2656
    @tommcmullen2656 Місяць тому

    even if i believe a robotaxi appears..... i would not send it out to work on Friday and Saturday night's can you imagine the damamge if these drunks don't have a proper cabbie talking to them

  • @PonziZombieKiller
    @PonziZombieKiller Місяць тому

    Tesla price target $38.43 per share.🎉

  • @lky9725
    @lky9725 Місяць тому

    Sounds like you got some puts! Good luck 😂 😂 😂

  • @meehanasap
    @meehanasap Місяць тому

    You nailed on 10/10

  • @fredrik3685
    @fredrik3685 Місяць тому

    Next Year...