The Difference Between Short Tesla Stock And Being Bearish On The Company
Markets go up and down. This is what they do. For this reason, it is possible to short TSLA while still being optimistic about the company.
In this video I discuss what the perma-bears get wrong and how they are insane in their overall, long-term viewpoints.
▶️ 3Speak
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Summary:
In this video, the speaker discusses the difference between shorting a stock like Tesla and having a pessimistic view towards the company. He explains that shorting is a market play that can be effective and doesn't necessarily reflect one's opinion on the company itself. The speaker also criticizes persistent "perma bears" who consistently bet against Tesla despite the company's achievements and growth in electric vehicle production, battery technology, and potential developments in full self-driving capabilities. He highlights Tesla's progress in electric vehicle sales, battery production, and the upcoming launch of the Cybertruck.
Detailed Article:
The video delves into the distinction between shorting Tesla's stock and maintaining a pessimistic outlook on the company. The speaker emphasizes that shorting a stock is a market strategy that can yield results but doesn't necessarily indicate one's overall perspective on the company. He warns against individuals who consistently bet against Tesla, labeling them as "perma bears" who fail to acknowledge the company's advancements and potential for success.
The speaker critiques the narratives propagated by some pessimists who predict Tesla's downfall based on changing trends in electric vehicles, batteries, and self-driving capabilities. He refutes these arguments by highlighting Tesla's consistent progress in electric vehicle sales, noting that Tesla leads the market in this segment. The speaker also mentions Tesla's continuous growth in battery production and installation, with plans to ramp up the production of Megapacks and introduce a second Megapack in China in the coming years.
Regarding full self-driving technology, the speaker acknowledges that Tesla is working on it but stresses that it is not yet fully realized. He mentions that while progress is being made in the software, autonomous driving capabilities are not yet at the level of robo-taxis. However, he expresses optimism that Tesla is moving in the right direction and may solve these challenges in the next few years. The discussion also touches on Tesla's development of neural networks for the Tesla bot, although the speaker admits that these advancements are still in the early stages.
Transitioning to Tesla's lineup of vehicles, the speaker mentions the upcoming launch of the Cybertruck, which he believes will be a significant success. He highlights the success of the Model Y, currently one of the best-selling vehicles globally. Speculating on the potential sales of the Cybertruck, the speaker contemplates the possibility of it becoming the best-selling pickup truck, potentially achieving production volumes of around a million units per year.
In closing, the speaker reiterates that Tesla's core business revolves around electric vehicles, dismissing claims that its focus has shifted towards AI, self-driving technology, or batteries. He also briefly mentions stationary storage in the context of batteries. The video concludes with a positive message, wishing viewers a great day.
Notice: This is an AI-generated summary based on a transcript of the video. The summarization of the videos in this channel was requested/approved by the channel owner.