Michael Burry: Tesla Stock Price Could Plunge 90% This Year to Below $100
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- čas přidán 17. 02. 2021
- Michael Burry is short Tesla Stock and believes they could drop below $100 this year!
The man that bet against America's housing system in 2007 and WON thinks there are some serious red flags with Tesla's current valuation and market cap, which has inflated Tesla's stock price 'ridiculously' higher than it should be.
In December 2020, Burry decided to short Tesla stock, tweeting some "advice for a good guy", saying that he believes Elon Musk should sell off 25-50% of his shares to any potential buyers, which he states is "not dilution".
Burry didn't do this on a whim, in fact, he compiled a spreadsheet that he also tweeted that showed Tesla's revenue, market cap and EBIT compared to 32 large auto manufacturers COMBINED, and the results were staggering.
Now, I don't believe that Burry has an ill will towards Elon at Tesla and doesn't doubt their long term prospects - rather he is concerned that their current sales, revenues, market cap and importantly, their profits does not justify their current valuation and 'ridiculous' share price.
Ultimately, the question becomes, does Cathie Wood of Ark Invest's track record with Tesla predictions give you enough confidence in their prospects. Or does Michael Burry's track record of ground breaking, short position calls concern you more.
Both Burry and Wood have had an impeccable record in their investing careers and area constantly breaking ground. But in this instance, only one of them can be right. So who do you think it will be? Tesla to $1,400 or $100?
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Disclaimer:
The information in this video is general information only and should not be taken as constituting professional advice.
I am not a financial adviser and you should seek independent, licensed, financial advice to make sure the actions you plan to take suit your individual circumstances.
I am not responsible for the financial decisions that you make, only you are
Who's side are you on? Cathie Wood & Elon Musk OR Michael Burry?
Cathie Wood, and she's quite bearish if you look at Tesla's planed growth.
Cathie Wood
Cathie.
The stock market right now is a disaster I noticed my asana shares were 7% up today without anything significant . Tesla is a huge speculation bubble and burry has all the right to short it he is a genius
Cathie Wood and her team
With the current surge in various stocks there’s so many openings in the markets to get in and earn good profits, however I believe It doesn't matter which direction the market goes, both bearish or bullish they present lucrative opportunities to make profits
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Sure investors are outperforming the markets and raising good gains, so it’s likely a smart move anyone can make
Tesla made 3 giga factories while I was still contemplating joining a gym and getting a dog.
Hahahaha! This is amazing! Scrap the gym, get the dog (both is too expensive😂)
Dog = more cardio and lots of motivation to wake up early and get outside
Not a dog but a pup
Pretty easy to do when your company lives on tax dollars and your cultish persona drives people to sink countless billions of undeserved dollars into your stock.
They never finished their Giga factories though. The first one in Nevada still haven't built out to the size that what planned. They can expand their factories as production ramps up, but that will need more investment which means they will have to go cash flow negative again and again with no profits to dole out to shareholders. At some point they will hit diminishing returns and have to squeeze their profit margins making it near impossible to gain revenues to pay dividends that will justify the stock price. Most of their revenues is from auto sales, their energy business is still less than 10% of revenues. The software side of the company does not make any money directly. It all rides on autonomous taxi's to make any revenues from their software and there is no guarantee for when that will be allowed on the road by regulators. Could take many years, so until then, they are an auto company with a small side hustle in solar panels.
What do you mean he shorted the market despite no evidence that the housing market was in trouble? Obviously his bet was evidence based and the evidence was on his side.
There were lots of ed evidence to those who studied economics from z scientific perspective. But dorty that mode of teaching thr discipline has been abandoned exactly to create the situation we have presently. Where people are unable to recognize those signs and are vulnerable to the dort of manipulation that are presently being applied.
What I meant was that no one else saw the evidence and that Burry was the only one. Maybe I needed to word it a bit clearer. Noted for next time
Michael burry inspected hundreds or thousands of mortgage contracts examining the moment when the payment of the capital was due. He could predict the fall from his office. I repeat: from his office. He never put a foot outside his office to see what the real situation looked like in the US. To him, numbers speak. He looks at indicators that no one pays attention to. And he is fundamentally honest. A rare quality.
Yep. Poorly worded by the talking head on this video.
He actually shorted the market at least 7 years before it crashed. He may have added to his position before it crashed, but it wasn't just 1 or 2 years.
6 months ago, if you talked EV or batteries there was no one else in the conversation. Now there are loads of names in both. I’m not shorting Tesla but I did sell my shares at ~840. I’ll buy back in around 500-400 and if it never gets there I’m still grateful to Tesla for the growth over the last year 🙏
Yup! But buy back at $250-300 tho. EVs are the future, but everyone is into them with share prices at a fraction of Tesla and actually producing exponentially more cars. Plus this "Tesla is backed by their technology" argument.......even shady AF China is laughing at you.
How did that work
@@teflonmusk11B I bought a home with money I made in stocks and then bought back in to Tesla. I trade using TA. The charts and trends change. Good job holding through about 6 months of chop.
Do note Burry is saying that tesla shares wld drop soon but Cathie Wood suggests that Tesla wld rise by 2024.. hence its possible that they both mite be right but in a different timeframe that we’re looking at
True. He’s looking the short term, and she’s looking the long term
He’s not looking short term lol
@@sebastianlealurquiola5905 more likely that he's trying to manipulate the stock by attempting to influence the behavior of the investors by sowing doubt in the short term then after he make his money will later do the same as a bull and make more money on the upward climb. If elon Musk had instead of purchasing the Bitcoin with his personal money instead of buying it through Tesla the Tesla stock would have been on a continued upward trajectory.
Those who are saying that there will be 50 new electric vehicles on the market doesnt seem to realize that we have been hearing thus for as long as Tesla exist. And it's not that we dont believe that there will be a lot of electric vehicles . We simply believe that they will not be competitive to Tesla and although some will erode the market share of Tesla, they won't impinge on the growth or number of vehicles Tesla sells. Since they will be eroding an exploding market if which Tesla will be the leader.
Exactly. It's what I hope will happen so I can buy in again. Buy when it's around the 100,- to 200,- range and sell when it hits 7k.
You are correct
Well both can be right. Cathy always has a 5 year target . She said 7000 by 2024 . Michael Burry's target is for 2021 . Growth stocks are taking a hit so far this year and we could see his target achieved if this correction continues . 100 is too bearish in my view . 250-300 is a real possibility.
400
Anything can happen in a short term. long term, if you hold Tesla, you will be just fine even if you bought it at 800-900 dollars in 2 to 5 years. Short term, if the inflation continue to go up, that will have a very negative impact on Stocks, both short and long term. Employment certainly will be affected too especially with COVID still affecting businesses, and individuals. Gov't wont allow the economy to tank for too long. They will keep printing money to spend their way out of trouble.
Tesla is also doing well by keep innovating to lower their costs, and continue to produce more vehicles in the same time period which will lower the cost of doing business too. Their cashflow is increasing each year, and they are paying off their factories faster each quarter.
2040: We all love self driving cars and we have grown in our confidence in them to the point of heavy reliance upon them to retain our independence… and there’s really only been one brand that we’ve trusted all this time… incidentally, there is only one major internet service provider Starlink… Tesla also manufactures a lot of SpaceX hardware and OpenAI support software too… and the Boring company has the monopoly on Mars…
Michael Burry is 100% right. The biggest key to remember with Burry is he’s typically way ahead of his time.
but his fund was also often performing below the S&P for many years though
@@derek400004 hence “he’s way ahead of his time”
If you price Tesla as a car company he’s right. But Tesla is a disruptive force in car manufacturing, energy storage, energy generation and distribution. Look at the huge battery Tesla built in Australia. They will take market share from utilities, legacy auto, and completely dominate Lyft and Uber. The stock might be a high and need another pull back, but $100 is silly for a company growing sales exponentially
Tesla has, also, a potential to develop insurance business due to massive amounts of data they collect on how people drive cars.
They’re also ahead of the game in terms of autopilot
What I respect about Cathie Wood is that she openly publishes all her research free of charge, and went on TV to openly challenge any Value investor to a debate. She even disagreed with Elon Musks criticism on short sellers saying that Short sellers are good cos they give her more buying opportunities.
Cathie Wood has balls of steel.
True, while Burry didn't even use real name on his Twitter.
It's part of arks invest new social media strategy. They are using social media to drive investor sentiment.. Similar to a reddit army strategy in gamestop
Cathie Wood and ARK make 350M a year investing in TSLA and other companies...which you can do the same...just look at their website, and invest yourself. ARK is the real gem....350M with how many employees? How much overhead?? Wow...that's a nice scheme she has going....
Because she is a pump and dump artist. She clearly profits from the fact that once she publishes those review, people start buying than these compagny price go higher and she look like a genius.In the short term, emotions is what matter. In the long term, it's the business fundamental. This generation forget that investing is a long term game.
@@jeremielachance6125 fundamentals lmfao...
Tesla has one major advantage we have never seen, almost an unknown variable and that’s it’s undeniable cult following
Jim Jones had a cult following.
@@MeatCatCheesyBlaster to the size of elon musks? I don't think so
every bubble had a cult following
The cult following will evaporate real fast when the moonboys see their investment melt away.
Steve Jobs and apple had the same.
Cathie Wood & Elon Musk. Why would I want to bet against a company that has the right mission, disrupts multiple industries, and has a CEO who can execute and deliver like a maniac? I'm 80% TSLA.
As long as you are holding for over a year, I agree. I think Burry may be right for this year. But this is much different than his housing market call. 2021 boring and drops. 2022 all the plans bear fruit and if shorts aren't out, squeeze will feed the fire.
elon goodwill is priced in at the moment...fundamentals have it aorund 100... ur paying 700 for the elon factor... is elon musk worth 700 a share? i dunno.. but the elon angle seems overvalued at the moment to me
Right mission?!!!!!! Read about his batteries haha
maybe cuz china will copy everything and compete with them?
does elon care more if his company is successful or does he care more that his company led the way to sustainable energy regardless of whomever is the eventual leader
I can’t wait Tesla share price drops to $100 so I can use all my available cash to buy more !
Yeah - then wait 15 years for it to reach the highs again if every single thing goes well for Tesla for 15 years
@Timothy NICOLAIDES yeah and there’s always a new reason why it will go to the moon, no one wants to face the reality that it’s price to earnings ratio is still over 1000. Apples is about 30!
Ghanta
Maybe if they split 100 to 1 and you'll have to jump at it before the day close too.
@@Ryan-me9ge ever heard of a company called Amazon!?
Price to earnings ratio did you say!?
I mean, wouldn't the sensible thing be to expect be a correction, followed by more reasonable growth? Why's it gotta crash to death OR skyrocket forever? Both seem pretty extremist views.
I think the same thing. The stock price will hover or fall a little bit and then when the earnins catch the stock price it will grow again.
100% agree for normal companies. But a bubble is a bubble.
@@janniks1292 it would be bubble if Tesla had no future but there is substatntial potential. Tesla is not just car company... Yes, earnings are pretty small, but they are expanding really fast...
It’s because of high leverage used in stock market by greedy hedge funds
@@andrej7942 Microsoft,Amazon they were in bubble in the 2000's and took many year to get back to their own price.
It feels like you’re asking the wrong question. It’s not whether you believe in Tesla or not in Tesla it’s what the market wants in the short term and the long term. Mikael Burry sees a short term problem that he wants to address. He pokes at Elon Musk, even though Elon has little to nothing to do with the stock price or the P/E ratio. He even says himself that the stock price is to high.
Kathy Wood has a long term, and only long term views. Both Kathy and Burry are correct but are looking at two completely different time horizons.
The market will figure this out eventually. I’m super long Tesla
This is a fantastic comment. This comment should be the top comment in this video.
You're super long? Super long using what? Your short term loan and mortgages thay you took to buy the stocks?
Because those are what the fanboys are doing.
There's no logic behind buying that company except the logic of belief, aka, gambling.
Even if Tesla is twice the Toyota revenue, which is impossible for the next 10 years, because Toyota is a global corporation and their market share in Asian countries whom government has stakes within the companies, then the price would still be below 500$ per share.
Your logic is as bad as it can get, I mean, you barely give a solid argument. Where's the math? Or is it it's the math of your belief?
Thank you exactly. So many people in the comments think tesla will just continue to rise its insane.
@@markarmage3776 thats why hes super long. People who are short term take out loans thats why it will fall.
@@markarmage3776 you obviously havent done your research on tesla. People like you always end up loosing in the long run.
Short term I think Tesla will go down a lot more. Long term it is a great company to own.
you summarized the points so well, really enjoyed it!
That head roll on won was so high school, I loved it. 😂
This is why these stocks doesn't fall , because u guys keep saying these things ! 👍
"I love what they're doing" and "this (time) is different". Are two things you don't want to hear when investing.
I think they are BOTH right. Tesla has further to fall however in the long run it will break new highs. A lot going on besides a car company
How do you know it wil break new highs? It isnt even certain it can ever be fair valued at its current price.
@@HaveANiceDay777 bitcoin is a large ponzi scheme
Imagine it goes down to $70 and then goes to $1700
Lol 😂 better have spreads
One problem with all of this. There is no way investors in the cult of Tesla stock will allow a $100 share price.
I really like this perspective
Cult is an excellent description. Tesla is like the Manson family of the stock market.
@@duanejackson6718 A colt is exactly what the Tesla stock is. It is not worth $6800 a share right now. As an actual company. Yep that’s what the stock is at
bull^&*t wait until the market tanks and it lasts more than 6 months. " long term investors" ALWAYS become short term cash holders during crisis. This time wont be any different.
$500 now ..
Michael Burry is right. The only reason why I am not shorting Tesla is it is hard to predict when the bubble will pop and also, it's risky to bet against a religion when money printing is out of control.
What about the money printing?
Great input anh hope your channel continued successful!!!
A 10 for one split would put it up there right now.
Also, the souffle email was sent to Tesla staff, not to investors.
In 2006 my golfing buddy (who was in banking) told me all the delinquencies were filling, I knew then that banks were in trouble and sold all my stocks. Sometimes you get it right.
Titan vs Titan, the battle will be legendary.
Thanks
Let’s talk about stock personally
You know what to do 👇👇
{+}, {1}, {7}, {7}, {2}, {2}, {4}, {2}, {5}, {7}, {9}, {2}
To put in perspective, billions of dollars were lost by shorts because they were shorting Tesla 🤷🏻♂️
People have always doubted burry. I’m with Burry and I absolutely love Tesla! Tesla went up too fast.. all thee kids think they are professional investors getting rich over night off Tesla
Guys the above is probably a scam. There isn't a highlight around the name. Please don't listen to him
@Jewish Banker lmao. I was just saying probably because I didn't want to sound too rude
the only reason he says tesla valuation is ridiculus is because he has a short position
if you sell your stock you just do what he wants to happen
he is manipulating the market price with all his media atention,and somehow that is not ilegal
dude is spamming Twitter daily trying to crash tesla
Also plausible that he has a short position because the valuation is ridiculous
This is Micheal Fucking Burry you little twat he’s not the market manipulation. Give the man some respect he deserves it. One of the few real ones out there
The market manipulation type*
@@nemeanlioness if anyone is manipulating price it’s Musk. Musk is manipulating the market so much I would be surprised if he doesn’t end up in jail one day.
Got to go for Michael Burry. Because I want to buy it cheap 😂
When he says it could go down 90% that’s F kin laughable! Tesla already sold half a mil cars past yr making money. How could it ever go down 90%. That’s a joke.
@@robb5270 Becsuse of the policies of the current administration and the friction between Elon’s companies and the Us federal government. That is why
@@robb5270 How much money did they make? 1% profit! And most of that was from regulatory credits they sold to other car manufacturers! Laughable? No what is laughable are all these deluded clowns paying over $50 per share for Tesla stock!
Damn right lmao! I will load the fuck UP! As many shares as I could at $100 😆😆😆
Instead of hoping for it to go down just wait for another split
I guess that genius predicted the demise of Amazon as well.
Yeah didn’t he sell Amazon and google to buy Heinz 😝
@@MrSkee80 Really lol? Do you have a link?
Why is everyone comparing Tesla to amazon lol completely different. You can argue any high tech growth stock is the next amazon using that logic.
@@felipearevalo2618 If you can’t see the parallel I guess that it would be a waste of time to try explaining it to you.
pretty sure he sold amazon for political reasons considering his twitter bio used to say "boycott twitter, boycott face book, boycott amazon"
In fact both could be right. Tesla could crash to what it's really now and then slowly grows back to its future valuations.
yes ill use my put profits (shorts) to buy common shares of tesla after
No, you are dead wrong. After this crash, there will be hardly any recovery. The whole point is to collect as much as possible from your pocket. And then they will wait until everyone sells back their devalued shares for pennies.
Remember you only lost when you sold. And this time they going all the way.
The silliest part that everybody sees that something very wrong with the picture, but cognitive dissonance blocks any critical thinking.
@@sekainiheiwa3650 no dude tesla is a great company, I'm going to use my short profits to buy in when it reaches a fair P/E ratio. maybe we will one day see it actually make the profits to justify a 800b market cap (maybe a decade)
@@davidwarford3087 There is no any 800 capital never was never will be, its a boll-ck. No wealthy person holds any Tesla shares only peasants who can't think. You better wake up.
Everyone knows Tesla current value is less than $100, but it might be worth $800 by 2030. And might be worth $1400 by 2040. It’s nothing about the company or their fundamentals, but about how the longs try to manipulate up while the shorts try to manipulate down. So many keep saying Tesla will make money from solar and other things, but they just keep losing money while the climate change credits keep Tesla profitable.
tesla battery production in 5 years will blow the mind of many... and the profits 50% minimum.... great stuff
Both persons have enough reputation to influence the price. It might not be the question of who is right, but who has the biggest influence. I think that Burry is right about the value of the share. But does it matter?
0:45 it wasn’t a reverse split. It was a split. A reverse split would make the price of the stock higher.
Either a Split/dilution or Consolidation is the term. Why call a fall a "Reverse Rise" when there is a word for it?
@@Longtack55 it’s called a reverse split as well.
Can't wait to see which way this heads! Betting on the success of Tesla
Stock market price and the company are not the same.
Exactly. People just ignore the hype of ALL 2020.
Just praying the stock goes up on dreams.
Everything is FUD to the Tesla fanboys.
They will face reality soon
i don’t know who need to hear this saving money won’t make you a millionaire investing will take out some money and invest Do it wisely tho
My First Investment with Mr George Alexander chris gave me Profit of $35,000 ever since then he has not failed to deliver
@@stephengardner5926 I'v heard of that broker
I trade crypto by myself but always end up making losses than profit whenever i trade ..... What magic do Mr George Alexander chris use?
@@renelacad2603 Yes it’s highly profitable, I made a good profit of 23,000 USD with a capital of 4,725 USD on my last trade and i have made over 650,000 USD trading crypto.
You can’t make it in crypto currency trading by yourself without a guideline from a good broker
Great content, thank you! By the way, that’s a nice T shirt. My view on TSLA: 1000+ this year. My view of the market: in great danger.
These views are counter to each other. If the greater market crashes, the FIRST to go are the high risk high reward assets.
@@JohnDoe-hg4lq danger will pass, price will rebound. When price hit historical low, it will ‘ to the moon’. Look how TSLA performed on previous trading day, it’s bound to drop. But it will come back.
@@siwenyang3144 Just horrible risk:reward right here imo. Buying here, if everyone is driving a Tesla in 10 years AND everyone is using their batteries, etc maybe 3-4x current market cap is justifiable making it the largest marketcap in the world. Great. So IF they're as widely successful as you hope, maybe 3-4x gains in 10 years?... That's so bad lol. That's horrible risk to reward. To each their own though.
Tesla is coming out with robo taxis, truck/transport, home energy storage and solar. Tesla has heaps on competition with cars but with not with energy storage.
@@ieditedmyname289 Gordon Johnson, is that you?
I can't brush my teeth and comb my hair at the same time. You really believe they'll be able to do all of that and succeed at all of it simultaneously? That's insanity. Seriously.
@@SamAProductions64 I'm pretty sure shooting a rocket into the atmosphere and landing in back on earth is a lot harder then all of them combined. I'm sure Elon and his team can handle it.
My prediction: Sandra Bullock plays Cathie Wood in a Sequel - "The Big Long" where Burry loses 700 Million. Not to take anything away from his brilliance, but the comparison to cars when it is ultimately a data, energy company in a class of its own with constant innovation is his biggest assumptive flaw.
It makes 90% of its revenue from selling cars...
@@michaelh13 its all a scam. You do not need to be Burry or Bunny to see ti.
Oh, I so love this "it's not just a car company" argument. Ok, let's play that game. Let me introduce you to the German DAX, from there I give you a) CAR: the worlds biggest car manufacturer (Volkswagen), b) TECHNOLOGY 1: one of the worlds biggest ERP companies (SAP), b-1) TECHNOLOGY 2: 10th biggest chip manufacturer in the world (Infineon) c) ENERGY: one of the top 5 of biggest energy companies in the world (E.ON), d) INSURANCE (which you didn't even mention, but is also part of the fantasy): Top 2 of the worlds largest insurance companies (Alliance). Now, let's do some complicated math, to find out that their combined market cap is 66%! of that of Tesla. Good luck growing into that evaluation.
@@therealnucleus274 The game is simple, to trap as many people as possible and then "bang", You need to be an imbecile not to see it.
@@therealnucleus274 What do those companies have to do with Tesla? You don't understand what disruptive technology is. You're the same guy that said iPhones won't sell cause there's no physical buttons.
I calculated tesla's intrinsic value at $115 per share right now. I'm 100% with Burry
Same. I have cash ready for the crash.
Thanks
Let’s talk about stock personally
You know what to do 👇👇
{+}, {1}, {7}, {7}, {2}, {2}, {4}, {2}, {5}, {7}, {9}, {2}
@@thetravelingtrader2842 begone spam
I would love to see these 2 debate their respective portfolios and market outlooks
I don’t think Tesla shorts have been faring well my money is on Kathy.
The same dummy replied that way when the short on housing market lost the earlier money.
You're dumb, darling, look at the pure logic behind this.
Who buys Tesla? The company is no where near making any money and will not give out any dividend for the next 5 years, if the only reason you buy it is because you hope to sell it as quick as possible, it's just gambling.
The price variation shows exactly how the stock works. Immense growth without fundamental backing can easily be lost.
There's no logic behind the buying of that stock.
@@markarmage3776 your such a stupid fuck please delete this comment lmao tesla is profitable you knumbskull
A price to earnings over 1000x might be a better indicator on which of them is right (if you can’t figure that out your screwed)
@@ericdelgado7692 Yes profitable by selling carbon credit. No carbon credit, no subsidize..... big loss
@@ericdelgado7692 My little brother's lemonade stand is also profitable
At the moment all the income is going into property and plant. This is an asset which some analysts are not taking into account. Wall Street is only interested in day to day figures- we are looking long term.
Sounds like your partying like its 1999
@@allcommentsmatter6890 Would you be building or expanding 4 huge factories if you didn't think you had enough demand? This is not an "If you build it, they will come" scenario. EV adoption is going to skyrocket in the next 3 years and Tesla is building out capacity as fast as they can because they have very high demand for their products.
@@davedavenport8673 Await for the R & D center and a Giga factory in Bangalore Karnataka, india open... Elon Musk has promised. The huge middle class with the aware youth of the tech industry of india buy 19000$ Tesla....
Burry, Warren Buffet, Charlie Munger can definitely understand a lot of finance. But they are failing to realize the technical potential of Tesla. Even Cathie said, it's extremely hard to model Tesla in price prediction as the world has never seen this kind of company before. While Burry is following old financial model, Cathie is smarter here by looking at all aspects of Tesla. BURRY even compared Tesla to ENRON!!!
It's like favouring 🐴 horse carriage with the first Ice -internal combustion engine cars!
Be that as it may a crash/correction is still on the cards. Amazon famously went from $107 to $6 20 years ago. No one would argue that the internet and online shopping werent just as disruptive.
How much do we credit MB for shorting TSLA when not just TSLA but all super growth stocks slid. Was he truely predicting TSLA is overvalued or was he just timing the market?
Wow. This was great. I’m a follower. I’m not a wiz at the stock market and I’m speaking for 80 percent of the population. So keep this coming. Ty.
I don't think Burry is betting he's predicting based on fact. The guy is a genius. Besides, Tesla is overpriced
My heart would like Cathy to be right, my brain tells me Blurry is right, though.
Motorola revenue in 2000 was $37Bn. Apple’s was $8Bn the same year. In 2020 Apple had $274Bn vs $7Bn for Motorola. That’s how disruptive technology works. ARK understands that.
there is a difference in buying sub $1500 products every year vs a $40,000 yearly car that is suppose to be super reliable in the long run
Anyone who own or have test drive any Tesla would choose Cathy. What is Michael's take? base on what he short?
Hi,
I bought 126 shares of Tesla at $893 over a month ago, I used margin too and paying interest since then on Robinhood.
Now I have a negative $20k and Tesla share’s been dropping for the last one month.
What should I do?
Should I wait? Do you think it’s gonna go back to at lesst $893 soon?
Thank you?
if your owning for years keep, otherwise sell and buy when it has finished correlating
Ride it out my friend 😁 knowone falls off a rollacosta except those who jump off
Its never getting back there... The market isn't a casino
Oh yh and don't ever use margin again to buy stocks. Use your own money
Never use margin to buy common shares bro, as for what you should do. Depends on if you have money to cover
Tesla isnt bad, its just overvalued
I have much respect for Michael Burry , but ! and its a big but ! if he value Tesla as an auto-maker company(and not as tech & energy company) he lost .. Im am 100% with Elon and Cathie
Great video with fundamentals explaining both sides!
This is the video I needed to see. I'm still long term, buying whenever I can. This is a new type of hybrid company with no real comparable.
how is wood putting a $4000 price tag on tsla not manipulation but burry putting a $100 price tag on it manipulation. elons my boy but lets not pick and choose here fellas
Neither is manipulation. Wut
You need to do this Video again today.
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what if there both right? Buy puts for next week and buy stock long term after that??
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You don't have to short the stock, buying puts allows you to take a short position with a defined risk.
Saying Tesla stock price will crumble doesn't mean anyone is anti Elon Musk. It's overvalued. Simple.
Update, he didn't short, he bought puts. He's up large.
yeah aka hes gonna go long soon LOLL
First goes down once battery sales spike its up up up again
Can you explain your Bonsai T-Shirt? It's off the hook! Where can we get one?
As great a company as Tesla is, value still matters.
Its possible for a great company to be significantly overvalued.
true, and when the value is realized through stock price appreciation before the fundamentals it just means the long term return will be LOWER not higher.
Imagine a model S is 400k and people still buy it
Excellent analysis
You got a sub!
Burry has been good at shorting in the past. But I got to say, this man is like a broken record when it comes to shorting tesla. Every year its him saying the same thing. I believe we are in a new era of valuations. Tesla and bitcoin and showing us the new frontier due to the new technology phase we are entering. Plus smart money wouldn't have tesla if they thought it was gonna crash.
LOL!
Everybody knows that the ol boys of WS love to short disruptive stock not only Tesla. Screw them, I am with Cathie.
Bet you also like Dogecoin lmao.
@@mysticmac5555 I bet you are one of those idiots that goes on yahoo finance to complain about "damn retailers" as if you weren't one as well.
@@rafaelsantos1497 Do you want to compare portfolios kid?
@@mysticmac5555 haha what happened? Struck a nerve there bud?
@@rafaelsantos1497 lmao thats what I thought u turd deflect because we both know ur portfolio is dog shit just like dogecoin. 😂😂😂 Keep projecting tho u totally don’t give urself away with ur comments.
it did in fact drop close to 40% recently from ath. I personally think that's probably the extent of it
Rising interest rates will have a significant impact (decline) on Tesla share valuations.
On another day another stock, Michael burry could be right. But If there is anything I've learnt in the US market, Tesla investors don't give a shit. At the end of the day they will pump money in the stock. It might be a bubble but it's one hell of a bubble. Made of steel reinforced by concrete.
@Bharat Sabse Pehle I'll go with the latter
Yea burry also sold Google and Amazon to buy Kraft Hienz ask him how that worked out
If he believes the economy is going to crash than Google and Amazon will go down and people will be eating a lot of craft diner
cherry picking garbage...
Lol, let's see your average return over the last 15 years and compare it to Burry's. Clown.
@@farzana6676 I am a man with feelings remember that and burry will be added the the list of failed shorts
@@mcrayfourd Tell me again which companies have a chance of being broken up for monopolistic practices? Oh yeah Amazon and Google, look at the long game my friend lol
tsla for the win
A Canadian company called Cielo waste solutions has the answer to our plastics problems. They have a technology that turns all 7 types of plastics, rubber and all organic materials into renewable bio diesel. They trade on CSE $cmc.cn and also on otc. They have patents in Canada and USA.
Could someone ask Cathy if Tesla might possibly get as high as $750 by end of 2021? If she cannot back up some of her predictions, then Burry is going to be correct IMO. I own TSLA and believed in what Ark was predicting, and losing my shirt holding that stock.
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Tesla has never run an ad and they’re still huge
LOL, everything Musk does is an Ad.
@@robobrain10000 it's free real estate 😉
Holy crap! I just found out Tesla wasn’t the only ev car company on the planet.
I hope it goes down, and then i'll swoop in for some shares long term aha
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I think they are both correct!!! Michael Burry is Correct in that TSLA might fall probably to about low $500 per share.. ( Not $100 though) ... Cathie Woods is also Correct! As soon as TSLA takes that huge Dip... millions of people are going to snatch up those prices so fast that TSLA will sky rocket over $2000+ per share!!!! Watch for the Dip my friends!!!!! $$$$$$$$$$$
@xavier102772 Hey hey... TSLA hit $547 for a sec.. today..but its now back up to $590! I think it will drop probably a few more times...like I said.. low 500's but.. it will eventually stable out at a $600 range.. for most of 2021.. then 2022 it will jump again. buy low.
Please include all of Tesla potential revenues in AI, software, taxi, semi, battery, solar and HVAC.
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The Potential revenue you discuss is in their higher than God PE ratio, hence why people have to be "cult like" when they buy this. I do not have any interest in TSLA short or long...just a guy trying to decide which way to play it.
Bear in mind that Tesla *has* to achieve those revenue streams to be worth their current valuation. That is a huge gamble. They're losing in many of those fronts, hell they don't even have a moat for EVs. They're about to face stiff competition from every major car manufacturer. It doesn't matter if the car is inferior there are a lot of people that will by a Ford Mustang EV before a Tesla EV. That's going to start eating into their potential profits.
As of right now Burry is up big, not sure exactly where he shorted but he can get out at any point and make a big win, he's closing in on doubling his money in 1 week whereas the price would have to triple from here to get to 1500.
It could still short; then go up. Would agree with both of them.
So is $100 price an adequate margin for Tesla price in Burrys eyes and in general?
Betting TSLA at $800 is not a bet against Elon Musk, it is a bet again insanity. Tesla can still be a great company, but definitely not at a market cap that's more than the entire industry.
Tesla is not a car company. It's an energy, battery storage, software, entertainment, robotaxi, insurance, transportation, placeholder company.
That doesnt make money...
@@allcommentsmatter6890 you’re not looking at the big picture. Tesla is the future not the present
I hope it does because I'm going to load up. I think the Chinese company will end up being better though in the future.
Even after the drop, tesla needs at least 5-7 years to grow into the current valuation. Then they still might have a P/E of ~70 (like amazon). Considering they are not amazon (and will never be), they will be still 3x or 4x too expensive compared to their peergroup...just saying this because i really doubt people consider thinks like this when they buy stocks
I totally agree. Even a 50 PE ratio is too high for Tesla because their core business basically involves manufacturing huge volumes of EVs. It’s not a scalable business. It’s very hard to scale up manufacturing operations.
Compared to that Amazon really started to make big profits after they entered cloud business. Due to cloud their high PE is justified but for Tesla I don’t see such a cash cow. It remains to be seen if Tesla can make fully driverless cars. That will change the game.
I’m Team Tesla
Cathy Wood does not give short term target, her target is always 5 years out. We all know what Tesla has in their products pipeline in this two years. If short sellers hasn’t learned from 2020. There are more short shorts will be on sale in the near future.
Cathy Wood follows what the public the follows. It is no secret that Tesla is a beloved brand, but the short should not be on whether Tesla will crash. Instead it will be the valuation of the company, not hype.
@@0akland510 wrong again. Completely wrong. When cathie wood bought Tesla at that time tesla was not the hot company it has been for past yr. people all predicted Tesla would go bankrupt and most didn’t see the vision of EV’s.....why are you on here talking false crap?
@@robb5270 hahaha yeah am I still wrong? Hope you still have that same energy! Cause this shit is going to be painful.
If someone is investing in bitcoin and space instead of his own business and diversifies so vastly no way he can succeed in the long run.
What if he dies is there a team to carry the promise forward? Can you say the same for Coca-Cola? when CEO is gone the company rolls as usual here I have big doubts. A 50000 USD car uses only 300-1500 USD base material. can you imagine 50 grams of silver making 50 USD an ounce? 250 USD additional cost will kill the plans? He has to fight silver prices..
Gamestop buyers never can win this is a similar case Turkey has already increased electric car tax to %400 as governments love gasoline as it is the best way to collect one-third of all taxes? what can replace gasoline tax in the world? They will kick the can down the road for decades to increase the electric car market ..
Team Burry! Just makes sense.
I don't think Burry realizes that times are different now. People are investing like crazy because they can do so right from their cell phone. Lots of people believe in Tesla and I think they will hold their positions for quite some time.
4 dangerous words. "This time is different."
Hear yourself speak... This is a bubble, a very big one that has reach.... Telsa is about to lose another 8% tomorrow
@@allcommentsmatter6890 I'm good with bubbles.. they happen all the time, Tesla is still up 33% from only 3 months ago. I shave my profits weekly, have been doing so since I started investing large positions in Tesla and Royal early last year.
It's not just Tesla that's tanking, almost every tech stock has been dropping for the last week and a half.. it's time to fill the bubble with reserves. 😊
@@allcommentsmatter6890 amazon once upon a time had this sort of pe ratio as well.. you just never know
Burry could be waiting for the major market dip to pull Tesla stock price down... without the major market dip, Tesla stock will continue to go higher....
90% most likely impossible; probably 30%~50%
I'm in the middle of these two I guess. With so many EV manufactures beginning to sell EVs with pretty good quality and much more affordable around the world, Tesla becomes less unique and it's stocks should go below current market price.
When self driving cars become normal then the total number of cars being sold will fall, because we will all be sharing vehicles, instead of having vehicles unused for 90% of the time. Also once the leading self driving cars penetrate the market far enough, it will become easier for other self driving companies to enter since it is easier to drive along with other self driving cars than drive with regualr drivers.
i guess MB is laughing right now enjoying the beach...ahaha
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How much do we credit MB for shorting TSLA when not just TSLA but all super growth stocks slid. Was he truely predicting TSLA is overvalued or was he just timing the market?
@@aharri381 well only MB can answer that...but i think he considers multiple factors, both micro and macroeconomics..maybe he thinks that everyrthing is over valued and somehow he chose the most popular and the most expensive where he can maximize his profit if everything drops..
Burry will burry Wood. Never bet against the cyclopes.
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Well done. First time I understand Burry's position.
That was very well done. All really good points it's impossible not to respect either Cathie Wood or Michael Burry, but I guess the thing that's hard to stop envisioning is that PE ratio....
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