Tesla stock will hit one thousand five hundred dollars by two thousand twenty three in this video it'll be breaking down the news and giving my expert opinion on why the stock price will Skyrocket you're watching trade daily like And subscribe for more daily Tesla stock market news shareholder frustration turns into revolt against Elon Musk the electric vehicle maker has lost nearly 640 billion dollars in market capitalization this year it's a total stock market disaster for Tesla even for the world leader in electric
vehicles this is worrying even alarming this will not be a year to remember for the car Maker's investors and if they do they will probably remember that in a few months the value of a portfolio can completely melt away the company led by Elon Musk had a market capitalization of 1.13 trillion dollars on Deck 31 2021 the stock ended the year at 352.26 dollars almost a year later all these figures have been more than halved the market value is only slightly over 474 billion dollars meaning that nearly
640 billion dollars of stock market capitalization evaporated in 12 months Tesla's stock is currently trading at 150.23 dollars which represents a 57.4 year on year drop the fundamentals of the company appear solid even if there are some questions which relate to the demand in China and in the United States where the car maker did something unheard of promotions after the production had exceeded deliveries in the third quarter on the delivery side we do expect to be just under 50 growth due to an increase
in the cars in transit at the end of the year as noted just above Chief Financial Officer Zachary kirkhorn told analysts during the third quarter earnings call this means that again you should expect a gap between production and deliveries in Q4 and those cars in transit will be delivered shortly to their customers upon arrival to their destination in q1 in a sign that things are not going the way musk wants the billionaire has brought Tom Zhu the boss of Tesla and China to run the Tesla Factory in Austin
which manufactures the model y SUV crossover and soon a long-awaited cyber truck Tesla's futuristic pickup truck whose production should start in mid-2023 for Tesla shareholders all these questions are secondary for a growing number of them the problem is musk yes musk are big boss and the architect of Tesla's success they trusted him blindly they had an unparalleled admiration for him and knew that as long as he was present their Investments were in good hands and would bear fruit but this year
something unusual happened most personally decided to buy Twitter in order to according to him make the platform a place for free speech since making the Takeover bid for the Social Network on April 22 the Techno King as he is known at Tesla has only been focused on Twitter he is underpresent on the platform attacks his supposed enemies and regularly creates controversy the problem is that since the four to four billion dollars bid for Twitter Tesla's stock has lost 55.2 percent of its value
and its market capitalization as shrunk by more than 580 billion dollars must finalize the deal on OCT 27 less than two months ago Tesla's stock lost 33.3 percent of its value during this short period initially shareholders and individual investors kept silent about their Leader's Twitter Adventure but when the Tesla stock started to wobble they started to indirectly ask muster refocus on Tesla as for them there is no doubt that the Automotive Group is paying for musk's tribulations of Twitter
with no reaction from musk they started to openly speak out and criticize him shareholder criticism is now turning into a Revolt unheard of in the Tesla Community where musk has been revered until now Elon has now erased 600 bill of Tesla wealth and still nothing from the Tesla bod lambastic Ross Gerber one of Tesla's most vocal shareholder on Deck 16 on Twitter in wholly unacceptable bod stands for board of directors Gerber said that he was going to try to get on the board I've notified Tesla that I
wish to run for the bod of Tesla I wish to be added to the proxy statement it's time Tesla's shareholders have a voice on The Bod as well as proper communication with the public undoubtedly surprised by such a harsh attack must blamed Tesla's stock market was on the federal reserve's monetary policy as he had already done a few days earlier the central bank has been aggressively raising interest rates to fight inflation at its highest level in 40 years this policy will cause his
so-called hard Landing AKA a recession many economists have warned Tesla is executing better than ever the billionaire responded to Gerber we don't control the Federal Reserve that is the real problem here musk provided more explanation on Deck 17 Securities analysis 101 as the risk-free real rate of return from treasury bills approaches the much riskier rate of return from stocks the value of stocks drop for example if T bills and stocks both at a 10 rate of return everyone would just buy the former
the FED hasn't helped quick to Twitter user but the real problem is shareholders are concerned that Twitter is consuming too much of your time it's a valid concern it was then that must try to justify himself by saying that he had just finished a meeting on the progress of production at Tesla's Austin Factory I literally just finished my meeting going over give it Texas production progress the serial entrepreneur responded to the criticism it is rare to see must defend himself like this
ordinarily the billionaire is rather abrasive counter-attacking when he is put in a tight spot these attempts to justify himself suggest that he is aware that a Revolt is mounting among shareholders who are only seeing their Investments shrink folks here is the Love Story tweeted Leo Coke Juan one of Tesla's largest individual shareholders Elon married you sh nightly he whispers beautiful words I am the first in the last out yours forever and ever never leave you grow old and Rich together later he's gone missing sleeping in
another's bosom you are sleeping alone heartbroken investor added one day he's launching many satellites in orbit to expand his space-based global internet service another he's opening a new auto manufacturing plant or announcing a new version of a Tesla electric vehicle or on another day he's overhauling Twitter and jousting with critics over the social media company he bought for four to four billion dollars with all that and with competition growing is Tesla stock to buy Tesla reported
delivering 343 800 Furby cars in the third quarter up 42 percent from the year ago period that was above the record first quarter of 310 048 deliveries but below estimates of about 360 thousand Tesla produces four electric vehicles the luxury Model S sedan and model X SUV as well as the model 3 sedan and model y crossover Tesla makes the vehicles in California China and in Berlin Germany as well as Austin Texas the long-awaited semi-hauler unveiled in early December Tesla unveiled its long-awaited semi and
18-wheel long-haul electric freight truck five years after it was first announced musk also has signaled there are plans to build out a charging Network for long-haul trucks must did not specify how much the 18 wheeler costs the semi is capable of traveling an estimated 500 miles per charge accelerating from zero to 60 miles an hour and 20 seconds Tesla expects a ramp production over the next year and aims to deliver 50 000 units in 2024. the first Tesla semi trucks are going to PepsiCo pep in California Pepsi places order for 100 EV
when the semi was first announced in 2017. we are bullish on demand for the semi as teslam moves forward with rampant production of the truck to 50K units in 2024 seeing considerable appetite from large corporations seeking to reduce their carbon Footprints she fraught analyst Garrett Nelson said in a recent note to clients shipping out the First new semis would Mark a win in a year when Tesla stock is down sharply but despite Tesla stock setbacks in 2022 the company Remains the king of the global EV Market
concerns about the health of Tesla stock for now however the overriding concern about the health of Tesla stock is focused on its production in China and Chinese demand for its Vehicles Tesla sold a record number of china-made vehicles in November according to data released by the company it sold 100 291 china-made electric vehicles in November that's a 90 increase compared with last year and a 40 gain compared with the 71 704 Tesla vehicles sold in October however multiple reports have said Tesla
plans to cut its production in China on Deck 9 Reuters reported that Tesla will suspend model y production at its Shanghai plant in the final week of December Tesla has refuted those reports saying the claims that it was cutting its Shanghai plant by up to 20 percent were untrue the outlook for demand in China has become less clear even with the late October price cut and other incentives Tesla also exports a large number of china-made vehicles produced at its Shanghai Factory is musk biting off more than he can chew
it can be argued that no CEO has taken on more responsibility than Elon Musk in addition to running Tesla musk is also founder and chief executive Space X which is a stated mission of colonizing Mars SpaceX also owns and operates the Starling satellite internet Network musk is also founder and CEO of tunnel maker the boring Co further musk runs neuralink which seeks to tie human brains to computers with all that going on must Watchers say he may have overextended himself with his purchase of Twitter musk has spent a
large amount of his time focused on Twitter raising concerns among analysts in addition to laying off more than half its staff musk is dismantling content moderation on the social media site which has caused a growing number of consumers to turn sour on Tesla Brand This has taken a bite out of Tesla stock Morgan Stanley analyst Adam Jonas weighed in on the matter in a note to clients he said must spiteful comments have inflated a negative sentiment about Tesla and could drive some degree of damage to the electric vehicle Maker's
fundamentals our investors survey reinforces our views that Elon musk's recent involvement with Twitter has contributed to negative sentiment momentum and Tesla's shares and could drive some degree of adverse downside skew to Tesla fundamentals Jonas said in a note to clients still he maintained his buy rating on Tesla's stock up on Tesla stock according to the IBD stock checkup tool Tesla has a weak IBD composite rating of 4-5 out of 99. when choosing growth stocks for the biggest potential gains based on the consulate
investment Paradigm focus on those with a composite rating of 90 or higher the stock also has a paltry relative strength rating of 13 out of 99. in the stock market timing is critical so when you're looking for stocks to buy or sell it's important to do the fundamental and technical analysis that identifies lower risk entry points that also offer solid potential rewards despite all of this news I still believe in Tesla as the company's fundamentals still holds strong in the coming years Tesla will
have record-breaking bull runs that could easily see the price rapidly increase to 1 500 by summer 2023 Kade wood also believes in Tesla as she continues to frantically buy more and more stocks as she prepares for an imminent Bull Run thanks for watching this video and remember this is news entertainment not investment advice
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