The Wall Street General

Billionaire investor Ron Baron of Baron Capital remains bullish on Tesla, despite the stock falling more than 50% this year. In a recent interview, Baron told CNBC that he expects Tesla to deliver outsized gains, eventually leading them toward a $4.5 Trillion valuation. Tesla's stock will have to reach a price of $1350 to reach that kind of level. Or rise by more than 570-600% Baron has been a bull on Tesla ever since his fund started buying Tesla shares back in 2014 and his personal holdings and his company' add up to a massive $4 Billion holding in Tesla. In addition to that, Baron mentioned that he thinks Tesla stock will be around $500- $600, and in eight to ten years, "it ought to be somewhere around $4.5 Trillion". The math behind Baron's bullish valuation target is solely predicted by Tesla's ability to scale its business over the next decade. Selling about 20 million cars per year. Tesla is on track to sell just over 1 million vehicles in 2022. "I...

If you have been wondering why stocks like Amazon, Meta, Google, Microsoft, etc have been bleeding money out of your pocket, well it is because of their not-so-good earnings. These companies together lost a market cap of $350 Billion combined. Google and Microsoft led the downfall when Google reported $57 Billion in revenue which was slightly lower than expected and their year-over-year growth rate fell to 6% which has been the slowest since June 2020. YouTube's revenue fell for the first time. Google's stock fell by more than 9% on the day it reported their earnings Microsoft then contributed to the downfall when on the same day, the company had reported good numbers but then it was the company's next-quarter guidance that led to the sell-off. Microsoft is reportedly facing margin issues with their services which further decrease investor confidence. The stock fell by 7% on the same day when Google reported its earnings which led to a market downfall that day.  Amazon and ...

 In the last Q3 earnings call, Elon Musk mentioned that for the first time ever, he sees a potential for Tesla to be worth more than Apple and Saudi Aramco combined. For context, those are the world's two biggest companies worth a total of $4.35 Trillion. The market and many investors see Musk's comment as ludicrous. His exact words were, "Tesla can far exceed Apple's current market cap" he added, "I can see a potential path for Tesla to be worth more than Apple and Saudi Aramco combined. Doesn't mean it will happen overnight or it will be easy but for the first time I can see a way for Tesla to be roughly twice the value of Saudi Aramco" As mentioned above, a lot of investors think that this assumption of Musk is quite crazy but only a few know that back in 2015,  he made a similar prediction  when he said Tesla would be worth $700 Billion by 2025. Tesla ended up being worth $700 Billion by December 2020. 5 years earlier than predicted. Tesla curren...

 Tesla reported its earnings a few days back and while it did show pretty good numbers, its revenues were not up to the mark for the analysts on Wall Street.  Tesla posted a $21.45 Billion Revenue v/s $22.09 expected EPS was $1.05 v/s $1.01 Shares of the EV giant fell by more than 5% after the company announced its results, but they said that the company still expects a 50% average annual growth rate on its vehicle deliveries. In addition to that, Tesla is facing headwind over its year to year benchmarks and because of inefficiencies at Giga Berlin and the strengthening dollar, the sales abroad are being impacted as well. Not to mention the ongoing supply chain issue.  Despite these roadbumps, Wall Street has an average price target of $307 for Tesla and a high of $530. The company still leads the world's transition to EV's and clean energy. 

We all have heard of Tesla's affordable and luxury cars, long-awaited cyber truck, and their Optimus robot which was revealed a week back. But do you remember the Semi Truck which they launched back in 2017? well if you don't then this is what it looks like. Pretty huge right? This was unveiled back in 2017 when the man himself Elon Musk revealed the concept model to the world. The production is underway and it is starting to speed up by the end of this October.  This has not been made available to the general public, however, Tesla is still taking up corporate orders.  Elon Musk tweeted that Pepsico (the soft drinks company) will take the deliveries of their semi trucks in December.  Tesla claims that the Semi Trucks will provide a range of more than 500 miles / 804 km on a single charge and in addition to that, drivers or companies can save more than $200,000 over a period of 5 years compared to the fuel consumption they would have done if they were still using regular...