Hard to justify Tesla's valuation without robotaxis, says Guggenheim's Ronald Jewsikow

Ronald Jewsikow, Guggenheim Analyst, joins 'Closing Bell Overtime' to talk Tesla's down day following robotaxi delay. For access to live and exclusive video from CNBC subscribe to CNBC PRO: cnb.cx/42d859g
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[@SarahOlivera-t4z]

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.

[@BarbaraLouise-i3r]

Prioritize two goals: strategically buy stocks to limit losses and maximize gains, and be prepared to capitalize on market shifts. Consult a financial advisor or professional for personalized guidance.

[@FolarinSodiq]

@@BarbaraLouise-i3r Certainly, I've been consulting with a Certified Financial Planner (CFP) since the outbreak. Beginning with an initial fund of $80k, my advisor makes decisions on when to enter and exit positions in my portfolio, which has now expanded to around $350k.

[@SarahOlivera-t4z]

@@FolarinSodiq Please can you leave the info of your investment advisor here? I’m in dire need of one.

[@FolarinSodiq]

@@SarahOlivera-t4z Victoria Carmen Santaella is the licensed advisor I use. Just search the name. You’ll find the necessary details to work with to set up an appointment.

[@SarahOlivera-t4z]

@@FolarinSodiq I will give this a look, thanks a bunch for sharing.

[@Fear.of.the.Dark.]

Elon made the announcement few months ago to pump the stock and it worked. People still dont get his BS lol. We knew Robotaxi is not coming in August based on what we drive in our Tesla's FSD.

[@cpangws]

Tesla will have a hard time trying to satisfy FSD Robo Taxis regulation to run just cameras as States will want that extra level of safety and redundancy like lidar and ultrasound sensors if the camera fails for it to be level 4 or Level 5. 🧐🤔

[@skyak4493]

"Energy upside is captured in his model”??? Enlighten us. I have seen no details!

[@peter5149]

It’s a Theranos like fraud

[@TheMagicJIZZ]

Theres no consumers on a Tesla robotaxi The event isnt about a new car that's next y ar this is their wayno prototype

[@mikafiltenborg7572]

Please go Short TSLA 😂

[@KungPowEnterFist]

@@mikafiltenborg7572 I probably will, so I can get a piece of the tens of billions of dollars that have been made on this easy short.

[@waynewallace2061]

What was the original price for FSD? How many years ago was that?

[@weho_brian]

its now 100 dollars a month. I had to cancel mines because the latest update was soo bad

[@ambreeshbhagtani3676]

Tesla FSD 12.5 is very close !!! Love it

[@laperfectionlouis910]

Just bought 1000 shares of tesla. Someone said : be greddy when people are fearful. Wait and see.

[@MatthewMS.]

(Greedy, 2 e’s… good luck)

[@fxmoney]

Even if you take all the Uber $40billion total 2023 bookings and add it to TSLA $97billion revenue, that is merely 50% increase in revenue. What is all this FSD noise?

[@wegder]

Smoke and mirrors don't grow on trees.

[@realtalkchannel1275]

Tf you talking bout?

[@yusselfaveljl]

I agree with the analyst but the markets believe differently and they are in control right now.

[@chrisacevedo8456]

Buying opportunity 🎉

[@whynotstartusingyourbrain8726]

That's what happens when you convert brain cells into fat cells.

[@Nick-zw7gg]

Hahaha lol. Thats exactly what getting a business degree is for

[@Videomorgue]

You guys make securities fraud seem so mondane.

[@MrCliffmn]

Tesla stock value has always been aspirational. Its kinda like a bunch of idealistic Californians wanted to create a much advanced car battery, Musk did that! But the Chinese already have this technology and once it is refined Musk is in real trouble.

[@djlovetap2141]

The competition is coming 😂 keep shorting Tesla, and find out

[@fiftyoneindustries2]

Nice hatchet job

[@skyak4493]

Elon “the boy who cried FSD”. Has Elon been out memed by a sceptic?

[@mandelm2001]

I love short sellers who know nothing about the business they are selling short.

[@veizagajp]

They pushed it back to October not 2025 October

[@rayutwenty-four6753]

Could Elon be stringing investors along 🤔

[@michaelbudd2708]

Tool time

[@SumitPandey-om9nu]

No matter how much CNBC despises Elon, there are huge bunch of retail investors who will rally behind him and are there for another decade long marathon!

[@gushertv7244]

😂 losing credibility has not been confirmed

[@dripdrop4625]

These people are liars. Just do the opposite of what they say and you profit.

[@JonHassellProphecy]

its a scam

[@mikafiltenborg7572]

Please go Short TSLA 😂😂

[@MeditationMindless]

Fake news, buy the dip

[@whateverwhenever8170]

This is absolutely stupid. Tesla could stop making cars and still remain profitable. They have an unlimited amount of grid stabilization boxes they could sell. They have back orders for those things for years and they are cheap to make and very expensive with a lot of profit on top

[@StephanieMiller-o1h]

[@StephanieMiller-o1h]

The first step to successful investment is figuring your goals and risk tolerance either on your own or with the help of a financial professional but it's very advisable you make use of professional.

[@Sylvia-f3h]

I know Laura, she has really set the standard for others to follow, we love her here in the UK as she has been really helpful and changed lots of lives.

[@Sylvia-f3h]

You're right! The very first time I tried, I invested $2000 and after a week, I received $8,400. That really helped us a lot to pay up our bills.

[@WillPerry-b7r]

Interesting! But I'm new here. How can I get to this person's guidelines??

[@StephanieMiller-o1h]

SHE IS ON TELEGRAMs

[@dabrain22video]

robotaxi is coming does it matter on the date how does this change any of the fundamentals or any of other of the tesla money making businesses.

[@ronsilva7394]

I’ll bet this guy is loading up .

[@superandrew5171]

This guy is a noob

[@andrerodriguez7603]

The delay hasn’t been confirmed yet. Don’t jump the gun.

[@hupl4623]

Iiilon is a big liar! Dont trust this guy. Dont buy Tesla stock.

[@FoneTool]

Anyone who listens to "analysts" etc is a fool. They have opinions & nothing more.

[@Brando853]

You gotta listen to opinions to eventually be able to form your own.

[@swedesam]

Hard to justify robotaxis' valuation without true FSD that's still stuck in beta phase.

[@theraddadinvestor1000]

It’s been out of beta for months!

[@Euromasterrace5000]

Thats what i was thinking, but its just to pump the stock anyway

[@its_greenlight]

tesla is great for long run, but you know most retail investors can't hold stocks even for a year

[@floridamaddogg]

The stock is still extremely undervalued even around $240. Just think the stock was on an upward trajectory when it was at $400. It has stabilized around $236 and I expect the stock to rebound on Friday. Possibly to $250-255. The robo taxi was delayed 2 months which is really nothing and markets did a knee jerk reaction. Elon said today the robo taxi event will be even better and more eye popping so if you get out now, you will miss the stock rising to over $300. I've stopped listening to "analysts" or even other so called KZbin experts as none of them have ever been right and just swing whichever way the wind is blowing that day.

[@jamesandrew6153]

Not on fundamentals just speculation.. that’s why it ran up now. How can you justify a 30% gain in a week because you sold less vehicles than expected … they continue to lose market share every quarter….

[@laperfectionlouis910]

​@jamesandrew6153 you justify a +30% gain when investors trust the richest guy in the planet. You justify a gain also by listening the future of the company (robo taxi, model 2, home robots, AI). Every time Musk said he will do something, all people freak and say he is crazy and later people realize he did it, always late but provide (Space X etc). I prefer to listen a genius than some people on TV than just want to talk and have to talk to make money on advertising. About analytics, Tesla has a 700B market cap only and don't forget his cars are too big for Europe, I am pretty sure he will be #1 in Europe when Model2 will arrive on the market. The Cybertruck (Even if some people don't like it) is producing at 100% capacity. Some people said that Elon Musk prefers SpaceX to Tesla but he showed the contrary 15 days ago when he talked about his compensation. More business are coming. Disclaimer I bought 1000 shares of Tesla today and I and a daily trader

[@timsiener]

Batteries drove up the stock. Learn how to read where the money is coming in.​@@jamesandrew6153

[@user-cv2as4jo9l]

tsla is trash

[@mikafiltenborg7572]

😂😂Please go Short TSLA