Twitter's Profitability And The Effect On Tesla Stock
It appears a large portion of the drop in the price of Tesla is due to the circus that Elon Musk immersed himself with Twitter.
In this video I discuss something that Gary Black tweeted about Twitter's profitability and what happened if he suddenly announced it was cashflow positive.
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https://twitter.com/1480840258828779521/status/1598043774563012608
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STOPCheck out the last post from @hivebuzz:
A lot of the Tesla stock holders believe in Elon and that wouldn't really change at all but I don't think many of them like the extra focus on Twitter. Could Twitter help Telsa? It could but I don't think it will help that much. With Starlink, Tesla and Twitter, I think Elon is trying to juggle too many things.
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Him also saying he will build a phone if they remove Twitter off the App Store was wild too lol
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Well if it did happen, then it would be his only option if he wants the X app to work out.
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Summary:
In this video, the speaker discusses the potential impact of Twitter's profitability on Tesla's stock price. He mentions the views of Gary Black, a Tesla bull, who suggested that if Twitter became cash flow positive after reducing staff and expenses, it could positively influence Tesla's stock price. The speaker highlights the current scrutiny faced by Tesla due to Elon Musk's Twitter activities and emphasizes the need for Tesla to focus on its core operations regardless of Twitter's situation. He addresses concerns about market sentiment, the possibility of a recession, and advises viewers to consider long-term investment strategies.
Detailed Article:
The video opens with a discussion on Twitter's potential profitability and its impact on Tesla, referencing a tweet by Gary Black, a known Tesla bull. The speaker introduces Gary Black as a Wall Street figure managing a fund heavily invested in Tesla, establishing his credibility in the field. Black's tweet raised the interesting scenario of Twitter becoming cash flow positive following significant cost reductions and staff cuts. This, he posited, could potentially boost Tesla's stock price, which has been under pressure partly due to Elon Musk's Twitter-related controversies.
The speaker delves into the perception that Tesla's stock price is being affected by Elon Musk's Twitter activities, although he argues that Tesla's operational performance should take precedence over any social media influences. He dismisses the idea that individuals would avoid buying Tesla vehicles due to Twitter controversies, emphasizing Tesla's dominant position in the EV market despite competition and external factors.
Furthermore, the speaker explores the concept of market sentiment and how it can affect stock prices, particularly in the context of a potential recession. He suggests that short-term challenges or market sentiments may outweigh record profitability or strong quarterly results for Tesla. The speaker advises viewers to adopt a long-term investment perspective, conduct thorough research, and consider their investment horizon when making decisions.
The narrative concludes with a reminder to viewers to look beyond immediate market fluctuations and consider longer-term trends when investing in not just Tesla, but also cryptocurrencies like Bitcoin and the broader stock market. The speaker highlights the importance of having a clear investment timeline and strategy to navigate market uncertainties and make informed decisions.
In essence, the video provides a nuanced analysis of the interplay between market sentiment, company performance, and external factors such as social media activities, urging viewers to approach investment decisions with a long-term perspective and strategic foresight.