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

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

FromEarn Your Leisure


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

FromEarn Your Leisure

ratings:
Length:
14 minutes
Released:
Nov 26, 2023
Format:
Podcast episode

Description

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 shopping consideration for Tesla's Model S and the need for the company to stay ahead of the competition. Troy also mentions the potential impact of interest rates and a possible recession on Tesla's future outlook.The hosts discuss the importance of Tesla's focus and leadership, emphasizing the need for better profitability margins and faster product rollout. They mention the importance of Tesla's direct-to-consumer business model and the advantage it provides. The conversation also touches on the potential of Starlink, another venture by Elon Musk, and its influence on Tesla's future success.The hosts conclude that while a decline to $50 per share seems extreme, there are valid bearish points to consider. They express their bullishness on Tesla's long-term potential and highlight the need for continued innovation, increased profit margins, and strategic partnerships in order to maintain Tesla's dominance in the EV market. #tesla #stockanalysis #EV #bullishonTesla #bearishonTesla #businessmodel #profitmargin #innovation #competition #focus #leadership #Starlink #futureoutlook #collaboration #directtoconsumer #technology #automotiveindustry #EYL #stockmarket #investment #financeOur Sponsors:* Check out Kajabi and use my code EARN for a great deal: https://kajabi.com/* Check out Shopify and use my code leisure for a great deal: https://www.shopify.com/Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy
Released:
Nov 26, 2023
Format:
Podcast episode

Titles in the series (100)

Welcome to The Earn Your Leisure Podcast. Rashad Bilal and Troy Millings will be your host. Earn Your Leisure will be giving you behind the scenes financial views into the entertainment and sports industries as well as highlighting back stories of entrepreneurs. We will also be breaking down business models and examining the latest trends in finance. Earn Your Leisure is a college business class mixed with pop culture. We blend the two together for a unique and exciting look into the world of business. Let’s go!! #earnyourleisurepodcast Support this podcast: https://anchor.fm/earnyourleisure/support