Tesla Short Sellers Have No More ExcusesFeb 27, 2020
with Tesla stock running 100% over the past two months the dumped
sellersare getting absolutely banged up in this video I wouldn't take a look at all the wizard types where they are now and although we were still going to cover the famous
shortof tassels like Gordon Johnson, we wouldn't take a look at some lesser known Tesla wizards dipping as much money as
morefamous Tesla short sellers and with that being said, let's get right in, Tulsa sources are covering their requested actions stocks go up and as a result they are forced to hedge their position and buy back their stock release, causing the stock price to rise higher and higher, but as these releases, the sorcerers continue to hedge their share price. position they are making the stock price go up which causes even
morefighting the wizards
haveto cover their position and this is a cycle that is We've been watching over and over again and the Tesla stalker keeps rising this is a result of so many short selling pitches being hit so let's go ahead and cover who these Tesla wizards are and what they are up to right now. this sell rating on the stock launch since august 2018 he actually reiterated his holding 31 times and most recently he stopped repeating that sell rating and interestingly enough he's sticking to his sell rating and he's out he's still going hold on to your release right now. let's take a look at some of the ridiculous things he's said in the past he's a dropped clip he's talking about competition something we've always heard over and over again he's changing he's actually talking about a demand cliff how it will slow man time it looks like Tesla doesn't
havea rival brand in EVs yet I mean I know other people make them but they're like little individual vehicles it's just if you think about high quality or at least high visibility EVs it's just Tesla So how much of this $200 price target that you have on stocks do you assume that that's still going to be the case in two years or that it's not going to be the case that they actually have a brand rival, yeah, not exactly, so that we price an earning power of 20 and certainly the lower demand we've seen in the first two months of the year raises the question of what the sustainable rate of demand is.
Tesla is moving forward now that the deposit base has been depleted. I think that's kind of the million dollar question: what is the natural fill rate of demand globally? Certainly things have slowed down quite dramatically here in the US, but you have Europe and China. these are horrible arguments but jeff osborne is most famous for having the lowest price target on stock launch this took place around July 2019 and let's see what he has to say about this price target by counting m The CEO and Analyst Senior Jeff Osborne, you actually have the lowest street price target for Tesla at this very moment, what is it? it has to happen from time to time for that number to be met in terms of the price target. dollar bills in every car they ship and they don't invest in the brand so there's a whole host of issues.
I don't dispute that the quarter will be pretty strong in terms of delivery estimates. There have been a lot of leaks during the quarter and so the estimates have gone up throughout the quarter, which is nice to see, but it's certainly a crazy scramble here at the end of the quarter to hit the estimates, so these two cliffs are actually within a month period in the previous clip ousle talked about how Tesla had a demand problem where they peaked at q1 and q2 but in this video he openly admits that demand for tousle q3 was solid.
I don't dispute that the quarter will be pretty strong in terms of delivery estimates. and we constantly see this happen to all these short sellers they are changing their thesis on Tesla stock all the time first it's Tatas no demand test economic gains and now Tesla made a profit many strong tussin sellers have away from the media but some of these short sellers are still here with us today in the media and they've made a fool of themselves and one of these Sarris proofs are still here with us today is Craig Rowin now Craig was really bullish and Casta on a time constantly reiterated its hold rating and at one point actually a rating for rating, but it recently became a sell rating and has since stopped causing it to go up again and again after appearing. ng on CNBC four days ago Craig Oren has made horrible arguments and one of these was about Tulsa recently raising two billion dollars in capital offering shares to investors this is something praised by many Tesla Bulls but apparently Craig sees it as a bad thing in gen name raised the money, yes it puts me in an even better position than the day before. at the end of the term, why do they need another two or three?
The only reason they need another two or three is if they're going to reverse what has benefited them to the tune of $400 million over the past two quarters. the channel and then we're going to see Rd and sgna go up this year instead of, you know, Rd going down like in what happens if I told you they're going to build another factory in China, they'll have the demand for that. They have to sell the vehicles before they can do that and the factory in China has been telling everyone that it has capacity for 150,000 cars. I mean today the run rate at which they can theoretically produce is a thousand thousand cars a week fifty thousand. cars don't need cash for that i think this is just them doing something the stock is worth i think it's worth about three hundred you're still don't think this advanced your calls at all i think it was smart of them to do this absolutely was the right move for the CFO he made a good decision there is an old axiom true that you raise money when you can't when you had to last year you know they were backed into a little bit that's why they were all negative.
Is it just me or does Craig seem too afraid of what he says? His voice shakes up and down and he doesn't seem sure what he's saying. another release or seller that's been in the media recently is dav id weston now for one thing i can't really tell if this guy really is a bear in tulsa because he won on cbc and he was talking about how his price points to 326 bucks and this happened on Jan 30th 2020 but as you can see in the following clip he really just ruled out the bullish case even though he's supposed to be the bear there are smart people everywhere I mean some retail investors are very , very crafty and some are just following a trend it really just depends on how much work you want to do and how much interest you have I warn you though there is a difference between I think right now a lot of people feel very very smart because they invested in let's say less than 200 bucks a share and they kept going it's great they made a lot of money but being an analyst means you're not in love with the company but with the CEO and there's a huge following of cult around Tesla on Elon yeah so up to that point you're a fair value at Tesla's 3 :26 obviously you're trading at 644 645 a share right now how do you get to that number and why do you see such big risks to the price right now?
Well, I wouldn't say there is. I don't want to be too negative here because I said my note last night that this is the most optimistic I've felt about the company in my more than five years of coverage, it's just that in terms of vehicle volumes, I've already I've been pretty generous with them to get to my number 326, for example, I'm at about five hundred and sixty-six thousand deliveries in 2020 and for a while it's possible that number could go up a bit because they have more capacity online. I just think we have something you need to think about. the whole picture here you have to think about Kia and RIS have to think about balance sheet risk even though they have a lot of convertible debt that they could possibly pay off without issuing cash but I've never seen anything like this and there's still a very small company after the second largest market cap in the world, they're small in terms of volume, I mean, yeah, that's a very exciting story, but stocks don't go up forever either, especially for little reason throughout this entire interview, David Wilson basically challenges himself, he's hanging out with everyone. these bullish arguments actually this is the most bullish I've ever been on Tesla yes for some reason he still has a $326 price target so tell me David why aren't you moving that price target to target 566 thousand more vehicles by 2020? massive growth for Tesla and actually this is a pretty bullish vehicle estimate and it actually speaks to how the estimate is lower than you think and this next bear thrown in we're not really sure if it's a short seller though it is most likely not too surprising, but at the same time it is also corrupt, this just completely exposes Business Insider, a media source that constantly speaks negatively about Tesla, the CEO of this company, Henry Blodgett, is ac Finally, a Tesla bear, this isn't really too surprising since all of Business Insider is bearish against Tesla.
We see this stream over and over again and it's no surprise that the CEO of the company is a short seller for Tesla and the next clip is funny because Henry Budget talks about how Tesla stock basically fought over the last five years in the time he spoke, but he made the statement just before Tesla went to the moon and is now going for $850 a share at the time this video was recorded. over 30% in the last year and flat for five years this is no longer a great growth story everyone has a jump on it's the future it's a company that needs to work since you come back to Apple Steve Jobs had even to Tim Cook Before Steve Jobs left, Tim Cook was a master gadget maker.
Everyone knew who he was. Everyone knew who the rest of the Tesla management team was and you do what he wants you don't really have to do anything you need to build more people into the management team that investors know and trust and are consistent and follow through on what they say they're going to build a part of it is that this story keeps changing all the time and I think it's a red flag not to have some very experienced people that can come and talk about their previous experience in the automobile manufacturing and the financial expertise that goes with it and simply say "we". let's put the controls in place and the consistency that you deserve to be a shareholder in a company of this size and scale and wants to be a car company for the next hundred years it's pretty clear that no one can trust Business Insider with the CEO outright stating that he is bearish on Tesla, given that the CEO of Business Insider is against NASA and that Business Insider makes fangs or articles, so it won't be a surprise that Business Insider articles are negative on Tesla . and that's just the sad truth from the media and now let's move on to the most infamous short seller types Gordon Johnson and this time let's take a look at what his argument is about Tesla now at this point if you are Gordon Johnson you are simply mentally insane you can't change your mind and admit you're wrong Tesla for the past 10 years every year they have lost money on the net income line for those 10 years they have a cumulative loss of over $6 billion this guy despite the billions of dollars in taxpayer incentives and it is factually incorrect, they have not generated free cash flow for the last five quarters.
Factually wrong, we'll see what happens this year, but by looking at the facts and not looking at an aspirational story, demand for your cars is crashing and Europe, the US, and China as well as you know pretty much everywhere else. and they are going to see that in a q4q they made about 111 thousand and deliveries I think that number could be as low as 80,000 in 1q they are selling 367 thousand cars a year VW is making millions of cars Period after telling all these lies , there is no media source to invite Gordon unless it's just for the views.
If you enjoyed this video, please hit the like button and subscribe. I hope to see you in another video.
If you have any copyright issue, please Contact