Tesla's stock lower on Cybercab timing and no affordable model update, says Deepwater's Gene Munster

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  • เผยแพร่เมื่อ 11 ต.ค. 2024
  • Gene Munster, Deepwater Asset Management, joins 'Fast Money' to talk Tesla's robotaxi event and the stock reaction.

ความคิดเห็น • 116

  • @dogmom-pt5we
    @dogmom-pt5we 35 นาทีที่ผ่านมา +44

    these Fed rate cuts are really starting to mess with everything. I mean, sure, they were supposed to help, but now I’m feeling the pinch everywhere. My savings account is basically giving me nothing, and the stock market’s all over the place

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      @purplebliss6875 32 นาทีที่ผ่านมา +3

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      @Stefan-d3c 31 นาทีที่ผ่านมา +2

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      @rebeccaartgallary 28 นาทีที่ผ่านมา +2

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      @Stefan-d3c 26 นาทีที่ผ่านมา +2

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    • @rebeccaartgallary
      @rebeccaartgallary 25 นาทีที่ผ่านมา +1

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  • @PeterSedesse
    @PeterSedesse 2 ชั่วโมงที่ผ่านมา +20

    in 2022, Tesla had 78% market share of EVs in the USA. It is now down to 47% and falling every quarter. The new Chevy Bolt is being released next summer at a price of $28k. Hyundai/Kia continues to release new models. We will see Tesla's profit margins in a couple of weeks, but they have been running crazy deals in China to get deliveries up... and deliveries in the USA and EU are tanking. It is hard to imagine that a US automaker can be successful if their only viable market is now China. Even if you think Robotaxis will be a big moneymaker, can Tesla survive the 3-4 years minimum it takes to get there with their auto business falling apart and no new models on the way?

    • @hailej2527
      @hailej2527 2 ชั่วโมงที่ผ่านมา +1

      Totally make sense!

    • @edsontrujillo2247
      @edsontrujillo2247 ชั่วโมงที่ผ่านมา +3

      Can they survive? Have you seen the cash on hand?

    • @PeterSedesse
      @PeterSedesse ชั่วโมงที่ผ่านมา +2

      @@edsontrujillo2247 they have 30b in cash and 45b in debt. They recently had to issue more debt.

    • @kantmyls3333
      @kantmyls3333 ชั่วโมงที่ผ่านมา

      It will be like Chinese market in UsA, lot of competition small margin. This is why he shoes the next steps with taxi and robot but cannot be a short term adoption

    • @PeterSedesse
      @PeterSedesse ชั่วโมงที่ผ่านมา +3

      @@kantmyls3333 if Tesla had done a $30k car instead of the cybertruck, they would be at 80% now and US competitors wouldn't be bothering to make EVs...but Elon chose his pet project

  • @KungPowEnterFist
    @KungPowEnterFist ชั่วโมงที่ผ่านมา +4

    Remember when Elon said the Cybertruck would be under $40k?

  • @CCARL11
    @CCARL11 2 ชั่วโมงที่ผ่านมา +7

    The robots were being remotely controlled, they showed a cab prototype that was made for this event and will probably never go into production and another year where Musk predicts that FSD will work next year. People are getting tired of hype and want to see concrete implementation of these predictions.

  • @chromebomb
    @chromebomb 2 ชั่วโมงที่ผ่านมา +5

    3 years? More like 15

  • @WORLDCITIZEN2004
    @WORLDCITIZEN2004 2 ชั่วโมงที่ผ่านมา +5

    Tesla will be an $80 to $100 company for at least the next three years.”

    • @Wongseifu548
      @Wongseifu548 2 ชั่วโมงที่ผ่านมา +1

      Lol those are the words of everyone who lost money trying to bet that way

    • @Kenelm-q1e
      @Kenelm-q1e 11 นาทีที่ผ่านมา

      Oh, okay

  • @brandonderrick006
    @brandonderrick006 2 ชั่วโมงที่ผ่านมา +2

    What’s Tesla’s margins on energy? What’s the growth rate? What’s the total revenue? Geez

  • @slyktech1860
    @slyktech1860 2 ชั่วโมงที่ผ่านมา +3

    You can buy the Cybercab for under $30k so it is effectively the cheapest model and all it needs is a steering wheel and pedals if that is even all that necessary.

    • @ArcticPrimal
      @ArcticPrimal 2 ชั่วโมงที่ผ่านมา +1

      No you can't because it hasn't been released. Final price could be higher. So it's to be seen if it's under $30k.

    • @kiloy1006
      @kiloy1006 2 ชั่วโมงที่ผ่านมา +3

      And u believe that? lol

    • @rcpmac
      @rcpmac ชั่วโมงที่ผ่านมา

      @@ArcticPrimal. BTW, the koolaid is free, but it’s clear that you already know that

    • @theobservarator6424
      @theobservarator6424 ชั่วโมงที่ผ่านมา

      Where do you buy it?

    • @nobadtaste7074
      @nobadtaste7074 ชั่วโมงที่ผ่านมา +3

      Why would Tesla sell you a money maker for 30k if they can just deploy their own fleet and make the $ themselves. Pure vapor ware

  • @brandonderrick006
    @brandonderrick006 2 ชั่วโมงที่ผ่านมา +4

    Everyone wants affordable Teslas but what you gonna do when you need maintenance ? You want that to be affordable too? Tesla is a luxury good.

    • @creatrixZBD
      @creatrixZBD 37 นาทีที่ผ่านมา

      That is never how Elon marketed them. And it’s not what the market wants, anyway.
      (So ed)

  • @captaingish
    @captaingish 2 ชั่วโมงที่ผ่านมา +4

    A model 2 makes no sense to me at this time in Tesla’s evolution. They’re at the cusp of solving FSD so why would they make a cheaper version of M3 equipped with steering wheel and pedals? Perhaps the robocab will be that model 2?

    • @Danny-bd1ch
      @Danny-bd1ch 2 ชั่วโมงที่ผ่านมา +2

      Level 2 is not on the cusp. They have been saying that for 7 years.

    • @weho_brian
      @weho_brian 2 ชั่วโมงที่ผ่านมา

      Elon saying you can buy the robocab, a sub 30k car. I think that is really the m2, hope there is an add-on option for a steering wheel, pedals

    • @theobservarator6424
      @theobservarator6424 ชั่วโมงที่ผ่านมา

      Selling a affordable vehicle would have kept them from losing market share.

    • @monkeysezbegood
      @monkeysezbegood 41 นาทีที่ผ่านมา

      @@Danny-bd1ch you are not watching close enough....

  • @odoacredacalcutta5085
    @odoacredacalcutta5085 2 ชั่วโมงที่ผ่านมา +4

    To be called a tech company, you need to make revenue out of the tech products you build. Tesla instead seems to use tech only as an advertising tool to lure investors. They build prototypes that wow people but none of them is ever actually marketed. So far Tesla makes money only out of sellings cars, really.
    and tbh, it's really not about politics, but I don't like this massive endorsement for Trump. A CEO that needs to gamble on a president to win the elections in order to strenghten his company is a CEO of a company that's really not that strong on its own legs.
    Tesla is staying alive only because of massive taxes on chinese EV imports. Those are likely to stay in place even if Harris wins, but just thinking that if they were removed Tesla would crash tells you a lot.

  • @TheAccountant-e9k
    @TheAccountant-e9k ชั่วโมงที่ผ่านมา +2

    V A P O R W A R E

  • @bobbybrettel5422
    @bobbybrettel5422 2 ชั่วโมงที่ผ่านมา +4

    The robots still look robotic......looks like and moves like Herman Munster

    • @Danny-bd1ch
      @Danny-bd1ch 2 ชั่วโมงที่ผ่านมา

      Chucky Cheese upgrades maybe.

    • @weho_brian
      @weho_brian 2 ชั่วโมงที่ผ่านมา

      the only thing that matters is dexterity and the ability to perform human functions

    • @Danny-bd1ch
      @Danny-bd1ch ชั่วโมงที่ผ่านมา +1

      @@weho_brian Will it come with its own human operator as well?

    • @weho_brian
      @weho_brian 47 นาทีที่ผ่านมา

      @@Danny-bd1ch most likely you will be able to control it with your smartphone or direct communication

  • @byrrongardner
    @byrrongardner 2 ชั่วโมงที่ผ่านมา +1

    I've been an investor in Apple, gold, housing market as well because I strongly believe in them, I've always believed in the stock but now I don't know if to re-distribute my portfolio and put some money in Nvidia or Tesla especially now that we are experiencing a market correction

    • @markwestcotts
      @markwestcotts 2 ชั่วโมงที่ผ่านมา

      Both stocks have a long term potential, The most important thing is the ratio of the distribution based on the financials of each company. There are many other companies that are also doing well. You could just hire a financial advisor to guide you. A financial advisor really does help me do the distribution even between different asset classes. I don't even understand technical financial terms much. I just know I make really good profit, and I don't have to stress myself a lot

    • @byrrongardner
      @byrrongardner 2 ชั่วโมงที่ผ่านมา

      I've got similar problems and I have also considered using an FA but I don't know how to go about it. Please, what are the steps for getting one? Like a really good one

    • @markwestcotts
      @markwestcotts 2 ชั่วโมงที่ผ่านมา

      Gabriel alberto william is the licensed advisor I use. Just research the name. You’d find necessary details to work with to set up an appointment

    • @byrrongardner
      @byrrongardner 2 ชั่วโมงที่ผ่านมา

      Thank you for the recommendation. I'll send him an email, and I hope I'm able to reach him and connect

    • @creatrixZBD
      @creatrixZBD 34 นาทีที่ผ่านมา

      This looks like a scam thread

  • @Wongseifu548
    @Wongseifu548 2 ชั่วโมงที่ผ่านมา

    Literally CNBC lead with the first minute of Gene's Interview as the Title and decided the rest did not matter.......

  • @cortez9978
    @cortez9978 55 นาทีที่ผ่านมา +3

    I’m convinced that investing significantly in the right stock before it goes big is more important than buying the dip, however picking the right company lies the difficult task. My question is, what are the best ways to accrue profits both in a bull or bear market?

    • @FrankHaubrich-mt6gw
      @FrankHaubrich-mt6gw 53 นาทีที่ผ่านมา +3

      I would recommend little healthy companies with great growth forecast and that are undervalued like Occuphire pharma or Ardelyx

    • @Ballesteros-d
      @Ballesteros-d 51 นาทีที่ผ่านมา +3

      there is little to be concerned about , just buy good companies (high flying tech) however i'm NOT so confident . BUT you do you !!

    • @Marquis-9
      @Marquis-9 50 นาทีที่ผ่านมา +3

      The issue is people have the "I will do it myself mentality" but not equipped for a crash, hence get burnt. Ideally, advisors are reps for investing, and at first-hand encounter, my portfolio has yielded over 300% since covid-outbreak to date, summing up nearly $1m.

    • @Curran-m-i
      @Curran-m-i 47 นาทีที่ผ่านมา +3

      @@Marquis-9 that’s some interesting numbers, mind revealing this person guding you ? he/she must be a seasoned advisor

    • @Marquis-9
      @Marquis-9 45 นาทีที่ผ่านมา +3

      Katherine Nance Dietz is the licensed professional I use. Just research the name. You’d find necessary details to work with and set up an appointment if you like.

  • @naimcgrath1401
    @naimcgrath1401 2 ชั่วโมงที่ผ่านมา +3

    The world according to ellen, I know what you want. I am better than you. Go charge you car.

  • @mikeshawn5864
    @mikeshawn5864 ชั่วโมงที่ผ่านมา

    GME is a tech company, too.

  • @headyhere
    @headyhere 3 ชั่วโมงที่ผ่านมา +5

    Do you still think his $44 billion pay package was worth it?

    • @Wongseifu548
      @Wongseifu548 2 ชั่วโมงที่ผ่านมา +1

      Considering the amount of BS news coverage.....

    • @naimcgrath1401
      @naimcgrath1401 2 ชั่วโมงที่ผ่านมา

      I heard 56B.

  • @lawrencespicer8671
    @lawrencespicer8671 2 ชั่วโมงที่ผ่านมา +1

    These hosts really getting sassy

    • @weho_brian
      @weho_brian 2 ชั่วโมงที่ผ่านมา

      Melissa Lee must be on vacation 😄

  • @Vix381
    @Vix381 20 นาทีที่ผ่านมา

    Optimus is creepy, would not have one in my home. Is Tesla best in breed at anything?

  • @Mostly_bad
    @Mostly_bad 26 นาทีที่ผ่านมา

    The new Cathie wood.

  • @naimcgrath1401
    @naimcgrath1401 2 ชั่วโมงที่ผ่านมา

    56 billion, ridiculous.

  • @GregF-k7w
    @GregF-k7w 8 นาทีที่ผ่านมา

    Tesla is gonna moon sooner or later.

  • @leos4607
    @leos4607 2 ชั่วโมงที่ผ่านมา +2

    If Tesla stock rocket next week people will change their mind and worship Elon instantly. 😂 it’s all about the stocks now a days not the company

    • @guts1005
      @guts1005 2 ชั่วโมงที่ผ่านมา +1

      Exactly how it goes. Just a bunch of babies that cry when things dont go their way.

    • @theobservarator6424
      @theobservarator6424 ชั่วโมงที่ผ่านมา +1

      ​must be why the stock is down

    • @creatrixZBD
      @creatrixZBD 30 นาทีที่ผ่านมา

      I will never worship the fraud that is Elon Musk, nor any other human being. They are made of meat, just as I am. Just as any of us are

  • @mikeshawn5864
    @mikeshawn5864 ชั่วโมงที่ผ่านมา

    Tech company with pe of 200?

  • @potatodog7910
    @potatodog7910 ชั่วโมงที่ผ่านมา

    Tesla will succeed and their only potential competitors are unprecedented AI breakthroughs and regulations, not car companies

  • @ChengHao03
    @ChengHao03 ชั่วโมงที่ผ่านมา

    Investing in stocks is planting a tree for your future; with patience, it will bear fruit

    • @BaozhaiDongmei
      @BaozhaiDongmei ชั่วโมงที่ผ่านมา

      Just like a tree, investments need time and care to reach their full potential

    • @JunlaiAiguo3c
      @JunlaiAiguo3c ชั่วโมงที่ผ่านมา

      Working with a financial adviser helped me develop a tailored investment strategy, leading to significant growth in my portfolio.

    • @Friedrich-j3i
      @Friedrich-j3i ชั่วโมงที่ผ่านมา

      Please educate me. I've come across this name before. Now I am interested. How can I reach her?

    • @JunlaiAiguo3c
      @JunlaiAiguo3c ชั่วโมงที่ผ่านมา

      Nicole Anastasia Plumcan'tlee divulge much... Most likely, the internet should have her basic info, you can research if you like.,..

    • @Friedrich-j3i
      @Friedrich-j3i ชั่วโมงที่ผ่านมา

      Thanks for sharing. I curiously searched for her full name and her website popped up immediately. I looked through her credentials and did my due diligence before contacting her..

  • @mitchellchristianson8120
    @mitchellchristianson8120 2 ชั่วโมงที่ผ่านมา

    I'm not impressed with their sales in China. It's going to get real bad quick after 0% interest It's a tech company that got $750 billion market cap weight that wouldn't have without the car first. Nothing after that since then. Yeah I believe it is a tech company that should be separated The car company ain't going to make it not on that evaluation

  • @bobbybrettel5422
    @bobbybrettel5422 2 ชั่วโมงที่ผ่านมา +2

    Tesla IS NOT a MAG 7

  • @willberry6434
    @willberry6434 2 ชั่วโมงที่ผ่านมา

    Cybercab is 5 years out at minimum

    • @ArcticPrimal
      @ArcticPrimal 2 ชั่วโมงที่ผ่านมา

      Atleast 20yrs at minimum

    • @jorgebenavente9872
      @jorgebenavente9872 ชั่วโมงที่ผ่านมา

      In 2016, He said we would be in Mars in 6 years...

  • @garyscott9261
    @garyscott9261 ชั่วโมงที่ผ่านมา

    Gene Munster, I use to see you as someone who is trustworthy and could take at his word. Now I no longer trust your word. How is the debate over re: Tesla being a tech company? What has he delivered since 2016 besides cars? Where is the Roadster? Where is the below $26k car? When has he ever delivered on a time promise? Yet you say, “ Elon said …”. I no longer see you as credible.

  • @MrDukeus
    @MrDukeus 56 นาทีที่ผ่านมา

    Muenster is a lying tool

  • @ronsilva7394
    @ronsilva7394 ชั่วโมงที่ผ่านมา

    Oh Dan , you’re like a spurned lover when it comes to Elon . What happened between the two of you ?

  • @Kenelm-q1e
    @Kenelm-q1e 10 นาทีที่ผ่านมา

    I'm afraid not to own TSLA

  • @mikewu9483
    @mikewu9483 51 นาทีที่ผ่านมา

    la di sei

  • @bobbybrettel5422
    @bobbybrettel5422 2 ชั่วโมงที่ผ่านมา +2

    It has a forward PE of 87.....wow....if NVDA has a forward PE of 87 it would be at $500 ......Tesla is a quicksand....smoke and mirrors company.....AND Nvidia is grossly UNDERVALUED

    • @Wongseifu548
      @Wongseifu548 2 ชั่วโมงที่ผ่านมา

      nice try

  • @johnkennedy9398
    @johnkennedy9398 2 ชั่วโมงที่ผ่านมา

    I think Musk is loosing focus.

  • @teslarex
    @teslarex ชั่วโมงที่ผ่านมา

    Sensible analysis. I was still impressed with the event. FSD is getting really good. It's on EVERY drive.

  • @i_i8924
    @i_i8924 ชั่วโมงที่ผ่านมา

    Snake oil 🪄🐇

  • @davidhaynes3126
    @davidhaynes3126 2 ชั่วโมงที่ผ่านมา

    My feeling. Tesla is too risky

    • @shortclimberbeta
      @shortclimberbeta 2 ชั่วโมงที่ผ่านมา

      should be ok once it falls under $50

    • @Wongseifu548
      @Wongseifu548 2 ชั่วโมงที่ผ่านมา

      @@shortclimberbeta Keep Dreaming

    • @shortclimberbeta
      @shortclimberbeta 2 ชั่วโมงที่ผ่านมา

      @@Wongseifu548dreaming is safer than gambling

  • @RashelYeva
    @RashelYeva 2 ชั่วโมงที่ผ่านมา

    !I recently sold some of my long-term position and currently sitting on about 250k, do you think Nvidia is a good buy right now or I have I missed out on a crucial buy period, any good stock recommendation on great performing stocks or Crypto will be appreciated.

    • @BensonTati
      @BensonTati 2 ชั่วโมงที่ผ่านมา

      As a beginner investor, it’s essential for you to have a mentor to keep you accountable.
      Ruth Ann Tsakonas is my trade analyst, she has guided me to identify key market trends, pinpointed strategic entry points, and provided risk assessments, ensuring my trades decisions align with market dynamics for optimal returns.

    • @HaholBarton
      @HaholBarton 2 ชั่วโมงที่ผ่านมา

      I managed to grow a nest egg of around 120k to over a Million. I'm especially grateful to Adviser Ruth Ann Tsakonas, for her expertise and exposure to different areas of the market.

    • @BensonTati
      @BensonTati 2 ชั่วโมงที่ผ่านมา

      I don't really blame people who panic. Lack of
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      making more than $100k passively by just
      investing through an advisor, and I don't have
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      people who panic.

    • @HaholBarton
      @HaholBarton 2 ชั่วโมงที่ผ่านมา

      Without a doubt! Ruth Ann Tsakonas is a trader who goes above and beyond. she has an exceptional skill for analyzing market movements and spotting profitable opportunities. Her strategies are meticulously crafted based on thorough research and years of practical experience.

    • @RashelYeva
      @RashelYeva 2 ชั่วโมงที่ผ่านมา

      nice!! once you hit a big milestone, the next comes easier. How can i reach her, if you don't mind me asking?

  • @Joe-n4e8e
    @Joe-n4e8e 2 ชั่วโมงที่ผ่านมา

    Stock tanked because market was disappointed?! Bought at $217ish and will made a decent profit once it bounces back. Thank you " investors " for giving me this opportunity.

  • @naimcgrath1401
    @naimcgrath1401 2 ชั่วโมงที่ผ่านมา +1

    yawn.