Earn Your Leisure

Cliff Notes: Will Tesla's Stock Plummet to $50 per Share?

Informações:

Sinopsis

In this episode of EYL, Rashad Bilal, Ian Dunlap, and Troy Millings dive into the topic of Tesla, discussing the bullish and bearish perspectives on the company. The conversation begins with the mention of a famed analyst's estimate that Tesla stock could potentially decline to $50 per share. While this drastic decline seems unlikely to the hosts, they acknowledge the weaknesses and challenges that Tesla faces.Ian Dunlap voices his admiration for Tesla as one of his favorite companies, highlighting its combination of tech and energy within the automotive industry. He mentions Tesla's strength as an innovator and its position as a leader in the EV space. However, Ian also points out the weaknesses in Tesla's business, such as the lack of focus from Elon Musk and the low profit margins compared to other companies like Nvidia.Troy Millings adds to the discussion by highlighting the competition that Tesla faces in the EV space, particularly from companies like BYD. He acknowledges the decline in shopp