Tesla Stock Up 4 Per Share Today! Worst Behind It?

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Well good day subscribers i hope you guys are having a great day out there today yes today we’re gonna talk a lot about tesla stock is the worst now behind us the stock a lot of people saw the big price move today eight plus four seven they’re like hey is the worst now behind tests of stock so we’re tired a lot about tests of stock but i have to play a clip for

You guys this is from a gentleman a business legend named steve jobs in relation to short sellers and the press and start putting pieces together roll it what do we do about the rest i mean the wall street journal reporters get up in the morning sell apple short and then go write stories about us and it’s clear that it’s a perception versus reality problem yeah

They don’t know about operating systems they don’t know anything about tools they don’t know what’s going on in the future they don’t know that we’re building icebergs and you build them through the bottom up sure um you know i’m sure that a lot of you have had this experience where you’re changing you’re growing as a person and people still people tend to treat

You like you were 18 months ago and it’s really frustrating sometimes when you’re growing up and you’re becoming more capable and you you’ve solved you maybe you had some personality quirks you’ve kind of gotten over whatever it may be and people still treat you like you were a year to 18 months ago it can be very frustrating well it’s the same with a company it’s

The same with the press the press is going to have a lag time and the best thing that we can do about the press is to you know embrace them do the best we can to educate them about the strategy but to keep our eye on the prize and that is turning out some great products communicating directly with our customers as best we can getting the community of people that

Are going to make this stuff successful like yourselves in the loop so you know everything and just marching forward one foot in front of the other and the press will take care of it’s like the stock price the press and the stock price will take care of themselves by the end of this year it’s going to look quite different and i i you know when you when you do i

Mean i’m like an old man now in this industry and i’ve seen the ups and downs and when you see enough of them you know that’s going to happen so when you get up in the morning the press is selling apples short go and buy some shares you know that’s what i would do that’s what i have done so hope you guys enjoyed that clip there i thought it was really important to

Share that clip with you guys because that’s a really old clip of steve jobs there back when apple you know it’s just a lot of negativity was constantly being put out there in the press around apple and when they face up bankruptcy they were done as a company blah blah blah you know steve jobs he can’t pull this off all those sorts of things okay and that’s where

Apple was at at that particular time and i think it’s just important because whether you own test the stock or any stock in the future just understand that sometimes it will be a disconnect between what your beliefs are and what the press’s beliefs are okay and what an analyst beliefs are and what a short-sellers beliefs are okay i think it’s just really important

Especially when you’re placing bets on one side or another that sometimes you’re gonna be on a side that seems like everybody’s against you okay it’s just very important to understand that so hope you guys really enjoy that clip make sure you hit that thumbs up button okay so tusla stock price today made a big upward move about $14.63 i believe this was the best

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Day for tesla stock in all of 2019 so far it was up over 8% today market had a great day so market was up over 2% today so basically tesla stock pretty much quadrupled up what the stock market did in general so it was a very positive day for tesla stock now just to kind of recap it’s been an awful past few months for tesla stocks i mean you pull up a three-month

Chart on tesla and it’s it’s just bad okay there’s no other way to sugarcoat it it’s just uh it’s just our ugly ugly chart i mean the stock was two hundred eighty two hundred ninety dollars like three months ago and obviously where we see where the stock is today even after that big upward move and a lot of people are wondering is there something you could tell

By like looking at a chart like oh man yeah this is like gonna be the like you know the last rough patch for tesla stock and now it’s up and up in a way and the truth is if you love once again just look at a three-month chart for tesla and you’ve seen times where the stock bounced back really big okay the end of march going into the beginning of april look at look

At what tesla stock price did i got a circled there in green it was up and up and up and then it just went down the straight line after that okay the beginning of may the first few days of may and a really nice big move you know to the positive upside and it ever since then it’s just been down down down and away okay so now today we see obviously another big

Upward move so you know you can’t really even like make any predictions on old and made this move in the past so it’s not gonna make this move again or oh it did this in the past was gonna like no that’s just a guessing game okay that’s just a guessing game so let’s talk about what’s actually coming over the next few months and what could actually move the stock

Price huge is it either positive or negative okay the first thing coming in about a month from now the production q2 numbers and the q 2 delivery numbers will come out that should come out in the first week of july that will be for the months of april may and june and we’ll get to see what the production numbers are and what the delivery numbers are the delivery

Numbers i’m expecting to be super strong for this past quarter we’re gonna get to see what those numbers are very important numbers that’s going to move the tesla stock price probably pretty big on that particular day that i mean whatever day that news breaks i mean in tesla’s stock price is probably gonna move anywheres from 4% to maybe even 10% on that particular

Day positive or negative we’ll have to see obviously there was that leaked email from what was supposed to be elon musk we don’t have a hundred percent certainty that this was elon musk but from a lot of what we’ve looked into it looks like it probably was from elon musk as of yesterday we’ve had over 50,000 net new orders for this quarter based on current trends

We have a good chance of exceeding the record 90 thousand seven hundred deliveries of q4 last year making this the highest delivery sales quarter in tesla history this if it’s a real email is obviously very good news especially considering obviously the shanghai factory is getting built right now and i think as far as if you’re looking at this this past quarter

As well as maybe even this upcoming quarter i don’t think you know chinese orders are gonna be very strong because i think a lot of folks are going to be waiting for that shanghai factory to open because they’re gonna be able to order these tesla’s for ten thousand twenty thousand dollars cheaper than if they order today so it’s like why not just wait an extra

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Three to six months from now to go ahead and place your order and get your tesla then at that point in time when shanghai is up and running so if they put up some of the some huge numbers there and really blow people out of the water like that would be very surprising and that would be obviously a catalyst to move the stock up huge you know after that because i

Think a lot of the lungs that maybe be on the sidelines would see numbers like that and they say okay we’re ready to get back in this thing and we’re gonna jump on this and i think at that point a lot of shorts would say you know what let’s go ahead and cover now some shorts are literally dunno you know basically are in this to either you know take it to zero or

In this to literally like pretty much bankrupt themselves right it depends you know now all shorts will cover even if that numbers phenomenal a lot of the shorts still won’t cover okay so the next thing after that is then the july earnings somewhere between july 24th in july 31st the earnings should come out those q2 earnings now a lot will already be understood

About what the earnings numbers will be in relation to tesla and that’s because they give out those production delivery numbers usually you know several weeks before so usually the earnings don’t matter quite as much as other companies but it’s gonna be very important that still kind of look at those eps numbers do they take another massive loss remember a lot of

The short thesis is that they’re gonna continue to take these massive losses and the company is going to somehow go bankrupt imagine if they don’t take a loss or imagine if the loss is really really minuscule all of a sudden the short thesis is not as powerful obviously right so if we look at what analysts are expecting here they’re expecting a loss of 44 cents

A share that’s versus a loss of three dollars and six cents a year ago so assuming they just met the analyst numbers there for eps that would be a massive massive improvement year-over-year okay keep in mind i think there’s a decent probability they could potentially be profitable this quarter okay now i’m not 100% certain on that but i’m looking at it and with

How strong i expect the deliveries numbers to be and the fact that massive amounts of cars were produced last quarter but we’re not delivered and hurt the numbers last quarter made it look like they took this massive massive loss i expect that to clear up a lot in this quarter so we’ll have to see what happens with that but needless to say regardless is a huge

Improvement year over year and then analysts are expecting about 55 percent revenue growth in this current quarter now it’s not just going to be important to you know as far as what yeah you know tesla does as far as eps numbers and revenue numbers for this past quarter but audience is gonna be highly relevant for next quarter and kind of showing what type of

Demand there is or or isn’t here in the short term at least okay so if we look at next quarter analysts do expect tesla to make a profit okay this is looking at the september quarter now in lists are expecting them to make a profit of about 52 cents a share what they are expecting revenue to be down just under three percent okay so that is something to think about

There i’m looking at you know it’s hard for me to predict what the next quarter that’s gonna be a really difficult number to kind of look at there and the reason being is you had the massive model three ramp in that quarter last year and then as we spoke about i don’t think we’re gonna have a ton of chinese orders coming in because the shanghai is getting getting

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So close now at this point that people are probably just holding back and saying we’ll get a model three and like three or six months from now okay no over the weekend this news broke a lot of people want it to know my opinion on it okay this looks pretty interesting alright tesla picked up truck to cost less than fifty thousand dollars and quote be better than

F-150 elon musk says okay now those are not official tesla photos just so you know about that truck although i will say of the prototypes of the truck i’ve seen that looks freakin sick okay i wouldn’t die oh it honestly probably never buy a truck i’m totally uninterested in trucks personally but i gotta say that specific prototype makes me want to fly a truck

Okay i hope tesla comes out with something remotely close to that because that looks freaking amazing okay most of them i’ve seen as far as like the the you know drawings people have done and whatnot have been pretty lame in my personal opinion okay by the way if you want me to do a video on like how big tesla can be potentially in the truck market let me know i

Can certainly do that where we actually break down numbers and say well ford selling this many chevy selling this many how big’s a truck market what’s the average selling prices if you want me to do a video like that let me know in the comments section i can do like an in-depth like you know video or just on that subject alone okay let me know okay i don’t see the

Demand for it i’m not gonna do the video but needless to say it sounds like you know musk is very very serious about the truck market you make comments like that which he made on a podcast like yeah you know better than an f-150 and he’s talking about it’s gonna be faster than a porsche 911 like a base-model you know like porsche 911 you made these type of comments

You’re serious about the truck market so what to see like i thought you know tesla in the truck market it was like maybe you know just kind of like some other thing here on the side like you know they’re more of like a car and suv company but it sounds like elon musk has much bigger ambitions than a lot of us know a lot of people are looking at the truck market

As the hardest market to break into electric field out of people like okay yeah we can break into like electric cars okay para doing a car is one thing and suvs yeah electric suv but getting somebody to trade in their f-150 for an electric truck or trade in their dodge ram or their chevy silverado or whatever for it for our electric truck i don’t know about that

Okay i don’t know about that cowboy so that’s the one that a lot of people are like i’m not sure about but it sounds like elon musk has huge ambitions in that market so we’ll have to see what comes but once again let me know if you want me to do an in-depth video on just like tesla truck and how big that could potentially be i can do that if you guys want okay so

I always hope you guys enjoy this always make sure to hit that thumbs up button thank you for watching and have a great day

Transcribed from video
Tesla Stock Up $14 Per Share Today! Worst Behind It? By Financial Education

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