Tesla Big News Today. Elon Musk 🙋🏽‍♂️

TL;DR

Tesla stock is performing well amid a slow market. T Rowe Price cuts their stake in Tesla, Morgan Stanley predicts competition from Rivia, and Kamcord upgrades Tesla stock.

Transcript

any day subscribers and welcome into the Tesla education many subscribers and welcome into the Elon Musk education challenge hey I know what you're thinking you're thinking it's been a lot of Tesla videos lately if it has been a lot of Tesla videos lately three other last six videos have been Tesla but what can I say the stock market is pretty bori... Read More

Key Insights

• 🥳 Tesla's stock is outperforming the market and is having a good day even when other stocks are in decline.
• 🦖 T Rowe Price's decision to reduce its stake in Tesla could indicate some concerns about the stock's performance or a strategic move to take profits.
• 🧘 While Rivia is considered a potential competitor to Tesla, its current position and scale make it more likely to compete with other traditional automakers than with Tesla.
• ❓ Kamcord's upgrade and positive outlook on Tesla's stock suggest that the company's current success and future growth potential are not fully appreciated by the market.
• 🧑‍🏭 Tesla's profitability, production capabilities, and upcoming product launches are crucial factors that will determine the company's long-term success.
• 🍰 Short sellers are expected to continue monitoring Tesla's performance, especially regarding the demand for the $35,000 Model 3 and successful ramp-up of the Model Y.
• 🏂 Elon Musk's more stable behavior and the addition of independent directors to Tesla's board contribute to a more mature and focused company image.
• 🍝 Kamcord's upgraded price target of $450 implies significant growth potential for Tesla's stock, but the company will need to maintain its upward trajectory and avoid repeating past patterns of stock price declines.

Questions & Answers

Q: Why did T Rowe Price reduce its stake in Tesla?

The reason for T Rowe Price cutting its stake in Tesla is not clear, but it could be related to Tesla's stock price surge in the past few months or a strategic decision to take profits and potentially buy back in if the price dips.

Q: Can Rivia really compete with Tesla in the electric vehicle market?

While Rivia has potential as an electric vehicle company, Tesla's years of experience, extensive production capabilities, and strong brand positioning make them a formidable competitor. Rivia has a long way to go to reach Tesla's scale and customer base.

Q: Why did Kamcord upgrade Tesla stock and what are their expectations?

Kamcord upgraded Tesla stock because they believe that Wall Street is underestimating the company's performance and potential. They predict a stable and profitable 2019 for Tesla, with fewer concerns for investors. They also expect Tesla's recent price cuts to have a positive effect on sales and profitability, especially with strong demand from the EU and China.

Q: What are the key points to consider regarding Tesla's stock performance?

• T Rowe Price cutting its stake in Tesla could indicate some investor caution.
• Rivia is considered a potential competitor, but Tesla's established position and scale give them a significant advantage.
• Kamcord's upgrade and positive outlook on Tesla highlight the market underestimating the company's success and potential.
• It is important to consider Tesla's profitability and production capabilities, as well as upcoming product launches like the Model Y, to gauge future performance.

Summary & Key Takeaways

• Tesla's institutional investor, T Rowe Price, has cut its stake in the company by half, which could indicate some caution regarding Tesla's stock performance.

• Morgan Stanley predicts that Rivia will pose serious competition to Tesla in the electric vehicle market. However, Tesla's established scale and brand power give them a significant advantage.

• Kamcord is upgrading Tesla stock to a buy rating and believes that the market is underappreciating the company's success and growth potential.