SHOCKING Tesla Update: DON’T IGNORE

Summary

Garrett Nelson increased his Tesla stock price target to $250 per share, driven by significant growth in Tesla's energy storage sector. Despite previous missteps in stock recommendations, he highlights the potential of Tesla's long-term opportunities in energy storage, autonomous driving, AI, and robotics. The discussion also touches on the volatility of Tesla's energy deployments, the upcoming robo-taxi day, and the implications of Tesla's supercomputer cluster. Additionally, the summary critiques analysts' price targets and underscores the importance of autonomy in Tesla's future valuation.

Takeaways

• 🚀 Garrett Nelson increased his Tesla stock price target to $250 per share, citing strong growth in the energy business as a key factor.
• 📉 The script humorously criticizes Nelson's past stock advice, highlighting instances where stock values significantly dropped after his recommendations.
• 📈 The discussion emphasizes Tesla's energy storage deployment, which saw a record high in Q2, doubling the previous quarter's record and contributing to the stock's growth.
• 🤖 The upcoming 'Robo Taxi Day' on August 8th is positioned as a potentially significant event for Tesla, with implications for the company's future valuation potentially surpassing current business segments.
• 💡 The script flags the volatility of Tesla's energy storage business, cautioning against reading too much into a single quarter's performance due to the influence of large, one-off orders.
• 🚗 There is speculation about Tesla unveiling a mass-market, affordable electric vehicle, which could further drive the company's growth and stock value.
• 📊 Analysts are criticized for not incorporating the potential impact of Tesla's autonomous vehicle technology into their valuation models, with the assertion that this could significantly increase the company's worth.
• 💻 Tesla's construction of a supercomputer cluster is highlighted as a major development, suggesting it could be instrumental in advancing Tesla's AI capabilities and its autonomous driving technology.
• 🏁 The script challenges the idea that Tesla's innovations can be easily copied by competitors, arguing that the company's lead in autonomous driving technology is substantial and protected by its unique data collection.
• 🎯 The importance of Tesla's data collection through its fleet of vehicles is underscored, suggesting that no other company has the same level of real-world data to train autonomous systems.
• 💡 The script ends with a promotion for AG1, a nutritional supplement, highlighting its benefits and sharing positive testimonials from users.

Q & A

Why did Garrett Nelson increase his Tesla stock price target to $250 per share?

Garrett Nelson increased the price target due to strong growth in Tesla's energy storage business, which reported a deployment of 9,400 megawatt hours in the second quarter, more than double the previous record high.

What is the significance of Tesla's energy storage deployment growth?

The growth in energy storage deployment indicates that Tesla's long-term market opportunities in energy storage are materializing, which is a significant factor contributing to the company's valuation and stock price movement.

What is the basis of Garrett Nelson's 2025 earnings estimate for Tesla?

The basis of the price target is 65 times the 2025 earnings estimate, which accounts for expected earnings growth beyond 2025, suggesting a lower multiple at that time.

What are the near-term headwinds that Tesla is facing according to the script?

The near-term headwinds include slowing EV demand, declining prices, and a painfully slow ramp-up of the Cyber truck production, which has been in production for seven months with still very low volumes.

Why is the upcoming Tesla event on August 8th considered more important than the Q2 delivery numbers or the earnings release?

The event on August 8th is expected to reveal more about Tesla's progress in autonomous driving and potentially the unveiling of a mass-market, low-priced EV, which could significantly impact the company's future and stock price.

What is the potential price point for the rumored Tesla mass-market EV?

Analysts speculate that the price point for the base model of Tesla's mass-market EV could be in the range of $30,000 to $35,000, considering the realities of inflation since the initial $25,000 implication by Elon Musk.

How does the script's author view the possibility of other companies copying Tesla's advancements in autonomy?

The author strongly believes that Tesla's advancements in autonomy will not be quickly copied by others due to the complexity of creating real-world intelligence and the significant data advantage Tesla has accumulated over time.

What is the significance of Tesla's supercomputer cluster according to the script?

The supercomputer cluster is considered a crucial component for training AI and could be a key factor in unlocking the value of Tesla's autonomous vehicle technology, potentially leading to a significant value opportunity in the robotaxi market.

What is the criticism the script's author has regarding analysts' price targets for Tesla?

The author criticizes analysts for not factoring in the potential impact of Tesla's autonomous vehicle technology on their price targets, suggesting that the current valuations may significantly underestimate the company's future potential.

What is the 'magic catch up to Tesla button' mentioned in the script and why is it considered unrealistic?

The 'magic catch up to Tesla button' is a sarcastic reference to the idea that other companies could instantly replicate Tesla's advancements with a single action. It is considered unrealistic because it oversimplifies the complexity of developing and deploying autonomous vehicle technology and the significant lead Tesla has in this area.

What is the promotional offer for AG1 mentioned in the script?

The promotional offer for AG1 includes a free 1-year supply of vitamin D3 plus K2 and five travel packs when purchasing through the provided link, which is intended to encourage potential customers to try the product.