Elon Musk’s Super BAD Feeling – Tesla Stock (Ep. 609) webfi network
How do you think Tesla will fare during a global recession?
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What about there suppliers? How solid are their businesses? If a supplier goes under, that creates supply chain issues.
Thank you Dave –for all you do for the humanity. Have fun with your family traveling. Thanks again
strong truthful report ….as usual. Thank you Dave.
A recession lasting 18 months is not consistent with a “super bad feeling”. It certainly won’t have a huge impact on Tesla’s backlog. Elon just wanted get rid of some accumulated fat.
even worse then that is when the grid system collapses , unable to handle the influx of charging stations.. the worse is yet to come…
I see continued discount buying opportunity for Tesla. Everyone else, All Legacy and startups are in serious trouble.
I really miss the times when you were discussing more topics and companies and not just everything Elon says. 🙁
If recessions in the past taught us something is that only the most resilient, most innovative, fast acting and dynamic companies survive, better yet they always grow and use it as an opportunity to position themselves better than they were before, while the less effective, slow and non innovating companies die. This thing will make Tesla a lot stronger for how I see it.
Fuel prices are increasing, meaning the price of EVERYTHING is increasing. Interest rates are up, inflation is up, spending power is down. Digital and virtual ANYTHING is worth DICK.
Electric cars are luxury toys that most people can't afford, and 'green' tech is as well. These are industries that, like socialist countries, need 'dirty' capitalism to exist. Biden has been burying the U.S. (and the rest of the world) under green policies and restrictions on petrofuels. No one is going to spend on solar or wind or batteries or EVs under those circumstances, but will rather gird their belts and DROP plans to spend wastefully.
Hope you take reality into your assessment. It sounds like you're dancing around that bush.
I heard he did the whole anti remote work to push people out of his company. He then followed up with the announced 10% cut to labor at Tesla. He mainly just wanted to downsize but lied about it. Not cool
Don't be fooled. Don't mix the economics/investing with the politics. The guy clearly wants to be a politician.
Tesla's demand currently outstrips supply six to one. Maybe demand will only outstrip supply by four to one, or three to one. Hmm. I'll continue to buy, hold and dollar cost average.
When things get tough people tighten their belts. With his huge increase in fuel costs and everything associated with it especially food I would say going out and buying a brand new car is the last thing they will be thinking about. As long as the absurd energy prices keep going up we’re going to have a long drawn out recession and a lot of Business bankruptcies due to high interest rates and no more government bail out 💩 The Fed is determined to reduce its balance sheet. Businesses that should’ve already gone out of business will be gone for good. Only investing in companies with little to no debt and large cash flow💰
Mental masturbation by spreadsheet–a true first.
Relax, it is what it is no matter who says anything and no matter what is said.
Please let a model y become affordable!!
Your deliver numbers are way over estimated. Tesla car sales will peak at 2 million per year and will then start to decline
I have a “super bad feeling” Musk will continue to say dumb sh*t this year…
Good well financed companies always do well in a recession. Bad companies that are highly geared go broke. Tesla is a good company with strong demand and is well financed. Tesla also has the ability to lower prices and maintain the same percentage net profit per vehicle. As Cory from Munro's said " Tesla already has a $25k car. It's the model 3 without the FSD hardware and a slightly smaller battery and importantly Tesla has the ability to pivot quickly if need be.
When the ice companies collapse, please Biden don’t bail them out twice. Just provide a low cost loan for remaining More successful American companies to quintuple their 100% electric vehicle production. No bullcrap subsidy for bankrupt companies and hybrid vehicle producers please.
govt will bail out the other oems
Elon Nostredame Musk has been correct many many times but few leaders listen.
Ice vehicles in the UK will be banned by 2030 so you will HAVE to switch to EV. Kia is popular in UK due to price. Tesla is popular too but people say "id love a tesla next time" and buy kia because its cheaper
I trust Dave Lee to give me facts.. not a bit disappointed!
Super Bad just refers to the 2000's comedy classic featuring Jonah Hill and Michael Cera.