Why Tesla's stock is plunging

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Publicado 2024-07-24
Craig Irwin, Roth Capital senior research analyst, joins 'Power Lunch' to discuss Tesla as the stock of the electric vehicle company took a hit after posting weaker than expected second-quarter earnings.

Todos los comentarios (21)
  • @Angelavaldess
    I recently sold my long-term position and currently sitting on about 150k, do you think TSLA 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?
  • @CongNguyen-zj9gj
    at time 2:09, this analyst said that 'the power consumed to run the FSD computing is about the same as to propel the vehicle' .. I am not the expert in FSD technical and not a Tesla technical. But I find it difficult to imagine that. I checked the fact using chatGPT and the answer is 'the FSD system's power consumption is relatively small compared to the driving power consumption, accounting for approximately 1.67% of the total energy used for driving in the city.'
  • @user123-u2v
    nvidia will never dissapoint people. people will always buy nvidia
  • @SirBenjamin-oq1wd
    Still with Tesla stock, investors can never be sure what will happen next, bearish periods ultimately establish a new set of stocks to buy and watch while setting the stage for a robust new uptrend. I have been reading articles of people that grossed profits up to $250k during this crash, what are the best stocks to buy now or put on a watchlist?
  • @JS-vn9zj
    How about vehicles powered by Musk's hyperbolic grift of automobile consumers.
  • @frankcoffey
    You can't waste billions on zero profit R&D and still have fresh product. FSD and Robo Taxi will never even pay back the investment.
  • @jackchoy6969
    He does make some good points, but that comment about energy usage is completely wrong. Thinking that the energy to drive inference on Tesla's FSD uses about the same amount of energy to propel the car, thus cutting the range in half comes from people who have not done their due diligence. This comes off as an analyst who is more a Tesla hater than an analyst. Inference used for FSD driving uses significantly less energy than creating/training a model to be deployed for FSD.
  • @keto6789
    He's the guy with a $50 price target lololololol
  • @stevehilbich7107
    Everyone give it up for the new Gordon Johnson!!! 👏👏👏
  • @mizan1030
    Can’t trust anyone who says “basis points”
  • @cutehumor
    My friend harry chu must be buying these Tesla stock discounts 😂😂😂
  • @FolarinSodiq
    With around $120k invested in Palantir stocks, any suggestions for additional stocks to diversify across various markets? Looking for a well-rounded portfolio that balances risk aversion with returns meeting yearly inflation concerns.
  • @captainramos96
    Well said Craig. Hosts look like they own tesla shares 🤣
  • @Anthony-dj4nd
    Those robotaxis sound crazy expensive with small margin returns😮
  • @kingjustice1831
    3:48 “cyber truck was a dud” 100% correct. When pushed he actually told the truth about the Musk’s Tesla pump and dump
  • @RIQs_World
    Didn't Ford report a billion dollar lost in their EV business
  • @divobravo3133
    Craig is just lying at this stage. Same power to run FSD as to move the car. What a load of rubbish.