Tesla to $60? 🤮

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Chicken Genius Singapore

Chicken Genius Singapore

Күн бұрын

Пікірлер: 916
@Adelrawas1
@Adelrawas1 Жыл бұрын
This aged like milk.
@liamvogel9151
@liamvogel9151 Жыл бұрын
Lolol fr
@TheBookofrhymes
@TheBookofrhymes 7 ай бұрын
How bout now?
@lw4583
@lw4583 Жыл бұрын
this aged like milk.... 5 months later Tesla at $260
@mersaultrashkolnikov519
@mersaultrashkolnikov519 7 ай бұрын
this aged like milk, now tesla at 180
@TheBookofrhymes
@TheBookofrhymes 7 ай бұрын
👀
@jhunt5578
@jhunt5578 Жыл бұрын
When I heard Elon talk about lowering prices to keep up demand as he spoke on Twitter. My thoughts were instantly "Chicken called it". Invaluable info 🙏
@MichaelOrtega
@MichaelOrtega Жыл бұрын
I’m one of those extreme bulls. But I have to admit that Ken knows what he’s talking about and therefore every time I see a video of him I listen closely because he also cares deeply about the truth rather than his own ego
@htsyami
@htsyami Жыл бұрын
The company’s mission to transition the world as quickly as possible to sustainable transportation. That means margins will get squeezed during a recession. Don’t forget that Tesla raised the prices of their cars about 30%+ from ‘21-‘22. So they have room to decrease their margins without hurting the company.
@jhunt5578
@jhunt5578 Жыл бұрын
@Life Long Learner It won't hurt the company in terms of survival. Long term I'm still bullish on Tesla. But short term, profits will be crushed and therefore the stock could be crushed too.
@qiappy8369
@qiappy8369 Жыл бұрын
@@htsyami it won’t hurt the company but the forwarded EPS module need to be adjusted. The stock will crash…
@geraldwoolridge3609
@geraldwoolridge3609 Жыл бұрын
Cheaper cars, will mean more cars sold, but cheaper. If car margins are less, Batteries could be used for mega pack, demand is massive, and growing, everyone one needs power, utilities need this so Telsa could increase massively in this sector, where energy costs are high, and payback is quick. Its attractive for utility provider globally, no matter recession. In UK 400% increase in energy cost, so far. So anything to help balance the grid loads, reduce peak cost is attractive.
@KarimJovian
@KarimJovian Жыл бұрын
Amazing words simple and perfect. The time will come, patience. ❤ Thanks CGS for your views.
@Hannya10
@Hannya10 Жыл бұрын
Tesla's long term mission is to bring down cost of its vehicles as much as possible while eliminating unnecessary parts & processes to increase demand of sustainable energy transition which in turn results in exponential growth. Will tolerate the position size & time for things to get worst before getting better even though its painful emotionally & always stay prepared. Knowledge learnt but not put to good use will only remain stagnant & eventually forget. Thank you for sharing your thoughts CGS 👍🏻👏🏻🙏🏻
@Hannya10
@Hannya10 Жыл бұрын
Merry X'mas CGS 🎄🎅
@my2cents395
@my2cents395 Жыл бұрын
Tesla is building. Keeping production and sales growing will pay off. If not now in, the future. Wright's law will help reduce costs and a recession will reduce commodity costs. Tesla can reduce prices and keep margins good. There are areas Tesla will grow fast such as Cyber Truck, energy storage and adding more production lines for models they already produce. Considering what Tesla produces it grows very fast.
@Eagles_Eye
@Eagles_Eye Жыл бұрын
It’s a good thing they got a healthy reserve and no debt. Key words here “ let’s grow as quickly as we can without putting the company at risk”
@learnprogress6618
@learnprogress6618 Жыл бұрын
This is how a scammer works , kinda wrong . Toyota is at a 10 , most dept car maker not moving
@pesca844
@pesca844 Жыл бұрын
Not one person came out and made a prediction like you did when $Tsla was above $200. I remember the hate you got from the toxic bulls and their response videos. Thank you for doing this and I’m grateful that you are back.
@sebfox2194
@sebfox2194 Жыл бұрын
Quite a few people did. Tesla has been a very profitable short trade for many people.
@cbn1362
@cbn1362 Жыл бұрын
@@tr-lj2vx pretty sure you have not driven a single EV then.
@renegadezen7841
@renegadezen7841 Жыл бұрын
Michael Barry is an example of someone who started calling for a Tesla stock collapse and started shorting it
@cbn1362
@cbn1362 Жыл бұрын
@@tr-lj2vx Yes calling it hype without even experience the main product of a company. Good calculated validation there mate. It's too late to invest in EV AFTER the infrastructure and market it's already made and conquered by others. Pretty sure Apple was like "the infrastructure for smartphones aren't there yet" back in 2007.
@cbn1362
@cbn1362 Жыл бұрын
@@tr-lj2vx sure I sold my Tesla shares at 1000 pre Split and bought in again around 170 after split. I invested in Tesla back in 2016 after I purchased my frist Tesla and deep dive of the company philosophy. Your statement showing lack of understanding a good company and what it is trying to do. It is not investment after the market is already adopted, then you are just following others to not go bankrupt.
@priscillagold3778
@priscillagold3778 Жыл бұрын
Stocks are falling and bond yields are rising, but markets still don’t seem convinced the Federal Reserve will pursue plans to keep increasing interest rates until inflation is under control. I'm still at a crossroads deciding if to liquidate my $117k stocck portfolio, what’s the best way to take advantage of this bear market?
@kendrickdonor2017
@kendrickdonor2017 Жыл бұрын
While there’s more pain to come, investors should look for stocks like Royal Philips NV and Alstom SA that have been beaten down enough that they’re a bargain or get a good portflio manager.
@kirablonde335
@kirablonde335 Жыл бұрын
@@emmacreame4889 I need guidance so i can salvage my port-folio due to the massive dips and come up with better strategies. How can one reach this advisor?
@kirablonde335
@kirablonde335 Жыл бұрын
@@emmacreame4889 This recommendation literally came at the right time, I dipped by $11k in stocks last week alone. Its crazy! I just looked up Carissa Wallin Palm online and researched her accreditation. She seem very proficient & I wrote her detailing my Fin-market goals. Thanks
@gracehunter454
@gracehunter454 Жыл бұрын
A crash and bullish market provides equal high-yield potential, it's all about early information and the right strategy, I've seen folks that netted 7figure gains amidst crash, and pull it off as easily in a bull market. Unequivocally the crash/recession is getting somebody somewhere rich.
@peterquin1443
@peterquin1443 Жыл бұрын
I sold my holdings and they are currently earning 3.68% in the "cash position" because it is the government bond index fund with very short maturities. Not a bad return during all this chaos.
@Abedchess
@Abedchess Жыл бұрын
Now this is what you call transparent and honest. You stick with what you believe. Respect for you Ken (Though I started dca at 150 😭)
@yhwoo2163
@yhwoo2163 Жыл бұрын
@@song1861 which only made up 5% of his portfolio and he sold half of it today
@Abedchess
@Abedchess Жыл бұрын
@@song1861 If I'm not wrong, he also sold some though. Well, I guess dca now is not such a bad idea.
@yhwoo2163
@yhwoo2163 Жыл бұрын
@@Abedchess what makes u think it is a good idea to dca when he just sold it today.... earning's recession not priced in..
@Abedchess
@Abedchess Жыл бұрын
@@yhwoo2163 Man, it's quite painful to sell a loss right after I've bought it.
@Abedchess
@Abedchess Жыл бұрын
@@yhwoo2163 should I just sell all and wait again? 😢 Edit: I'm just going to sell everything. Not gonna be on denial while I lose money
@samdegreef4549
@samdegreef4549 Жыл бұрын
Hi Ken, i am down 50% now. Just very sad and frustrated at this point. Called you out on your target but you were right. Great job. Hope you will make more vids man. If i look back at your old vids your spirit was so high and your energy always fantastic. Stay awesome like that. Now i have to just hold through but will buy on more downfall.
@ningwasabi
@ningwasabi Жыл бұрын
I am in the exact same situation as you. I now have no choice but to hold and wait. Let's be strong together 💪
@putting63
@putting63 Жыл бұрын
Never average down; wait for a turn in the market then layer in
@moabbott5367
@moabbott5367 Жыл бұрын
Yes its painful, same boat, how many shares do you have?
@Kash_Munni
@Kash_Munni Жыл бұрын
@Zoe Smulders go fuck off with the spam, this shit is beyond crazy! KZbin get these people off of here.
@julianschmahl8267
@julianschmahl8267 Жыл бұрын
Ull never see the money back.. better average down
@ragvangap1
@ragvangap1 Жыл бұрын
Have been listening to your talks for nearly 2 years and commenting for the first time. Must love and respect for everything you have done for the community Ken. Best wishes from Australia. Keep up the great work .
@allanbanezify
@allanbanezify Жыл бұрын
Tesla $60? Its now $177 lols
@nimabayat1581
@nimabayat1581 Жыл бұрын
195
@fernandogarciadeleon6292
@fernandogarciadeleon6292 Жыл бұрын
201
@tomchu9780
@tomchu9780 Жыл бұрын
258
@juradosty
@juradosty Жыл бұрын
278
@christian4362
@christian4362 6 ай бұрын
161
@juradosty
@juradosty Жыл бұрын
You can wait for $TSLA at 60$ forever...
@aaronr.g.363
@aaronr.g.363 Жыл бұрын
Ken, I miss your videos just solid information. Thank you for these videos, you are a true, calming voice in a screaming crowd of madness
@wutan234
@wutan234 Жыл бұрын
Always to check back on the results. U current grade is a F. Up over 100% on TSLA $215 today
@danihunter2426
@danihunter2426 Жыл бұрын
Thank you for the update, Ken. This was soo helpful, we all miss you! Please continue to update us we appreciate you!
@mwanamazala5088
@mwanamazala5088 Жыл бұрын
You called it Chicken Singapore. I remember you calling it at $140, and behold, it's even below that.
@CuberNator
@CuberNator Жыл бұрын
Ken you are forever my hero I know in a past comment i did state that i could care less about price movements but , things change like you said , adapt. Cashed out back when tsla was 900 (pre 3-1 split) ish and have been sitting on mostly cash since Saved me once again and I cannot thank you enough. Screw the haters , you are entitled to your own opinion and its up to them on whether they want to listen to it anyway . Just merely stating your views for free is a service to the world. Amongst the toxicity, there are many others like myself who are truly grateful for what you do. As always , stay safe Ken, really hope to meet you one day :)
@johnanon658
@johnanon658 Жыл бұрын
Good for you.
@micahwatson9017
@micahwatson9017 Жыл бұрын
I sold mine at $950 pre-split as well! Took the big profits and shorted TSLA, META, NFLX and a few other stocks for HUGE gains! Will continue to short TSLA even though I’m very bullish long term (10+ tears). Will re-enter at the lows with the gains from the ride down.
@autistictrader6237
@autistictrader6237 Жыл бұрын
U won’t know where lows are , so wen u make such comment please state wat is the low nowwwwwwwwww, else dnt say anything , cuz then u will have no credibility n wat u say is waffle .
@autistictrader6237
@autistictrader6237 Жыл бұрын
In my opinion low b around 60 . We must test 60 ..... cuz of recession n macro n demand for large items using credit will collapse . Simple economics
@Xmj202
@Xmj202 Жыл бұрын
Critical analysis like this is more valuable than biased pumping that makes shareholders feel good emotionally. My strategy is to hold and sell calls strategically to raise cash, accumulate at a bottom and wait for fed to restimulate. Growth stocks and car companies are highly cyclical in bull and bear markets just have to be patient and objective
@garychadwick1240
@garychadwick1240 Жыл бұрын
I listened to the whole stream. It is disingenuous to suggest this is what Elon is expecting. He was talking about the worse-case scenario. Tesla has industry leading margins and, even before Q4 earnings, is sitting on $21 billion cash and virtually no debt. His point was, even in the worst case recession, Tesla can ride it out and continue with the mission. What are the other auto manufacturers going to do, whether legacy or EV. Most have very low or negative margins. Most have already seen declining sales for several quarters and have only made profits because the pandemic and the chip shortages raised prices through insufficient supply and pushed up their gross margins. They will not be able to lower prices to survive and many will not survive. Tesla is the guaranteed winner, especially in the worst case scenario.
@exotic-speed
@exotic-speed Жыл бұрын
Don don don donkey 😂 🤡 🤡 🤡
@beepbeepnj2658
@beepbeepnj2658 Жыл бұрын
Many people are broke and are buying used gas cars for cheap from the over 60 car companies that have a much better reputation and track record. AZO stock at all time high PROVES this.
@akashgrewal7581
@akashgrewal7581 Жыл бұрын
You’re literally the only KZbinr who called this out ahead of time. I wish I had listened when I had the chance now all I can do is HODL
@rexmundi273
@rexmundi273 Жыл бұрын
Hodl that big bag of dirt.
@zhouyou28
@zhouyou28 Жыл бұрын
He called shit out, a lucky guess. A broken clock right twice a day. What about his ftx, plantir, defichain, nano call. Did you follow those, you will be losing big time if you followed
@akashgrewal7581
@akashgrewal7581 Жыл бұрын
@@zhouyou28 no I haven’t heard of those
@akashgrewal7581
@akashgrewal7581 Жыл бұрын
@@rexmundi273 long term hold TSLA will be solid
@rexmundi273
@rexmundi273 Жыл бұрын
@@akashgrewal7581 I hold VT (total world index)
@vazquezcarlos
@vazquezcarlos Жыл бұрын
I'm so glad I took your advice a couple months ago. I sold all my shares at $305. Moved them into indexes when they were close to their lows. Took a decent profit instead of a massive loss. Now I'm just waiting to see if I want to buy back in if it does drop further...maybe $80(?). Otherwise, looking for less risk at my age of 46, and since I feel relatively financially secure. I do think it's great that they are lowering the price, even at the risk of lower margin. Yeah, sucks for the stock price, but good for the consumer. Maybe in the long term it will work out. OTOH, I am concerned about increased competition. I've been to 3 different European countries in the past year, and I've noticed many BMW, Renault and Volkswagen EVs on the road. If those ever enter US market, I see it taking over some of Tesla's market share. That also influenced me to sell my shares.
@roxter299roxter7
@roxter299roxter7 Жыл бұрын
Lower prices does not necessarily mean lower earnings for Tesla. Earnings are always compared to past earnings. Profit margins will shrink but market share will be maintained and new markets will open up. We often forget that you can’t even buy a tesla in every state of the US.
@bojodulagan5791
@bojodulagan5791 Жыл бұрын
i dont think the competition is competing with tesla but more the ICE industry, so the competition is taking their own market share, since they are the ones still producing ICE vehicles. Remember the global EV Marketshare is still under 10% and will be around 50% in the next coming 5-10 years. Less demand for ICE because of growing costs and also interest rates.
@roxter299roxter7
@roxter299roxter7 Жыл бұрын
@@bojodulagan5791 The ICE industry is going to have to deal with chewing their own leg off to survive.
@ThaMonkeySquad
@ThaMonkeySquad Жыл бұрын
Right now in europe, everyone wants a tesla, but feels like its too expensive. I'm sure it will change when price gets reduced next year
@dexton80
@dexton80 Жыл бұрын
Telsa would be worthless once other companies catches up with e technology
@ramikuhail7216
@ramikuhail7216 Жыл бұрын
Good video, I rather be invested than not. This market is hard to predict, it could go both ways. Long term investments in quality stocks is the way to go.
@sophiec3592
@sophiec3592 Жыл бұрын
Let’s stomach this through … meanwhile gotta keep learning. Thank goodness Ken is around.
@TechTutorialsEL1
@TechTutorialsEL1 Жыл бұрын
IF YOU WANT TO MAKE MONEY *LISTEN* : don’t let your ego ruin your gains. If CGS says it could go to 60$, don’t get mad, be thankful you get to hear different opinions! The market is about probabilities, not certainties!!
@robertmack7280
@robertmack7280 Жыл бұрын
Wow. Definitely bad news when things were looking like a good time to buy. Thank you for the quick follow-up video. Cheers, Ken. 🤙🍻
@big30o6
@big30o6 Жыл бұрын
We need a video compilation of KZbinrs who said you where wrong about TSLA dropping to $140…. And it should be your intro forever! Hahahaha
@juradosty
@juradosty Жыл бұрын
Someone became donkey.. $TSLA 280$
@akashgrewal7581
@akashgrewal7581 Жыл бұрын
I am down literally half my life savings… this is scary as fuck. Hopefully long term we will be fine.
@mahi123aa
@mahi123aa Жыл бұрын
I am with you. I had exactly the same prediction based on the charts. I still see downward trend continuing. No surprise if we see $60-$80 range
@Ramsefall
@Ramsefall Жыл бұрын
Always great to see you surface with relevant insights, Ken. Warm holiday wishes to you and yours.
@一个70后大叔
@一个70后大叔 Жыл бұрын
wanted to drop hi to u at jewel that day for your guidance . really appreciate to have u in our early stages for newbie investor
@andrewsaint6581
@andrewsaint6581 Жыл бұрын
This is a nice video. Cheers Ken. My only input is that imo, Tesla cutting prices (or the US gov doing it for them) will be worse for legacy auto. Car prices will fall, their loans will start to default, they'll sell fewer because the market will be flooded with new Tesla cars because folk hate waiting like they hate stealerships and Tesla will thrive. CT due within the year. Buckets of cash in the bank and Energy bursting onto the scene from Lathrop.
@Poxenium
@Poxenium Жыл бұрын
tax credits are coming for US EV makers and Model 3 is getting a refresh to be a lot cheaper to make. From 36K it will go to 28k cost to build. Margins won't be affected.
@fleipeg
@fleipeg Жыл бұрын
I was wondering where you were. It's good to see you. Wishing you and your family a safe and happy Christmas and New Year.
@andreacorsi91
@andreacorsi91 Жыл бұрын
Thank you for always being so transparent and saying the right thing even though it may be difficult. It means everything to us. Your gang. 🐔
@johannel8104
@johannel8104 Жыл бұрын
The $140 call was accurate. But people complain that your message was one of a trader and not an investor as you claim to be. Berlin and Austen margins will go from massively negative to massively positive over the next 6 months. Input costs are dropping as per Elon. And in the US Tesla will not have to drop prices bc of the IRA. And as is Tesla is already massively profitable. They have enough room to cut prices outside of the US if needed. And the energy business seems to be poised for massive revenue and profit growth next year which will support the business even more. I think the no profit scenario Elon is talking about is a possibility but very unlikely to happen.
@nathsuphattrachaiphisit4608
@nathsuphattrachaiphisit4608 Жыл бұрын
What's so surprise? I even predicted at $45-$47 He is already optimistic enough to said at $60
@Tobydc
@Tobydc Жыл бұрын
Thank you so much for your work and your assessments. Highly appreciated!
@FinbarSpellman
@FinbarSpellman Жыл бұрын
Love the videos Ken! The upside of selling cars with reduced margin means there are more cars on the roads. Ancillary products such as fsd, insurance etc will increase revenue, the more cars, the more potential to sell.
@renegadezen7841
@renegadezen7841 Жыл бұрын
One downside though is more cars on the road equals money lost in servicing them
@FinbarSpellman
@FinbarSpellman Жыл бұрын
@@renegadezen7841 Are Tesla customers not charged for servicing?
@FinbarSpellman
@FinbarSpellman Жыл бұрын
I'm not saying the extra revenue will recover the lost margin, just that in the long term more cars on the road has benefits especially when you can sell software products for them
@SB-yq6ze
@SB-yq6ze Жыл бұрын
It’s a good long term move. Keep the revenue coming in while tones are tough and build a huge network of cars and followers. It’s almost like the car would be a loss leader for the ancillary incomes later.
@renegadezen7841
@renegadezen7841 Жыл бұрын
@@FinbarSpellman Tesla has to pay out of pocket for any warranty repairs ..so yes Tesla customers aren't charged through the warranty period
@utubemat33
@utubemat33 Жыл бұрын
A lot of us been holding and are now nuked (down 50-70%) Would appreciate if it you could make a video about what to do! Will save many many many us. Please consider! thanks!!
@nachobusiness2663
@nachobusiness2663 Жыл бұрын
Fugh electric cars. It takes 500,000 litres of fresh water to produce enough lithium for a dozen Tesla’s.
@beepbeepnj2658
@beepbeepnj2658 Жыл бұрын
I told him a few years ago to buy my boring non tech recession proof stocks that are always at all times highs every year, AZO, ORLY, UNH, DG, DLTR, HEI, ROL, no trading, no guessing, no tech stocks, no crypto, no Tesla or any other such nonsense. AZO and ORLY tell you the truth about EV future else they would have been tanking many years ago. Even Warren Buffett buys big in gas and oil and never Tesla.
@hc1770
@hc1770 Жыл бұрын
With the feds, recession, it's definitely possible TSLA going to $60. As always, thank you Ken for being transparent. Appreciate your insights and always looking forward to anything you say!
@learnprogress6618
@learnprogress6618 Жыл бұрын
He recommend the coin that many lost everything & many other advise wrong. Profit margins ok if u want to finish off other car companies , musk said he wanted a stock crash to clear out the companies staying alive unfairly , many try to crash Tesla anyways as $$$ , like this guy , musk will not admit he wants to finish off other car companies ,, this guy only made a lot from Tesla check out utube to see
@nasok8472
@nasok8472 Жыл бұрын
Csco went down 80some pwrcent from all time high back in 2001. İt was so popular like Tesla. If Tesla does the same it can go down to 60.
@JasonPizzinoOfficial
@JasonPizzinoOfficial Жыл бұрын
TSLA to test $100, then $70 👍🏼📉
@5893MrWilson
@5893MrWilson Жыл бұрын
Admit it, you got lucky because nobody could have predicted the perfect storm of negativity that is currently effecting Tesla. They are now drastically undervalued compared to other companies. Tesla's earnings last quarter we're higher than Amazon's and even if Tesla's growth gets cut in half for 2023 they will still grow faster
@soyabeane3257
@soyabeane3257 Жыл бұрын
Thanks for your transparency and honesty Ken. Looking forward to more tips and advice from you. Merry Christmas and have a great year ahead!
@joncoutts1671
@joncoutts1671 Жыл бұрын
I've lost so much money on TSLA. WIsh I would've gotten out a while ago, to get back in now...but I guess I just have to hold on for the next 10 years and just pray it gets corrected. Bought most near the peak, sadly. THanks for the video!
@davidwojcik7770
@davidwojcik7770 Жыл бұрын
I’m down half a million. Hang in there.
@hoggingwartz
@hoggingwartz Жыл бұрын
Yeah it sucks. I'm in the same boat with a dca of $371 ffs. Down over $600k and counting
@tommy13965
@tommy13965 Жыл бұрын
Damn I feel for you my avg is in the 160’s and I’m having stomach cramps everyday watching it fall 5 to 10 bucks a day. I know a lot people will say you haven’t lost anything until you sell but I beg to differ because it’s not everyday that you lose the value of a car that is pain.
@MrGiechel
@MrGiechel Жыл бұрын
Same here, but I think we missed the shot to sell. Now we have to ride it out and save our cash for a potential truly interesting buying opportunity
@ishmaelali
@ishmaelali Жыл бұрын
Down 2mm from the highs I feel your pain
@BjorckBengt
@BjorckBengt Жыл бұрын
Reducing prices down to zero margins would be ridiculous. Tesla has better margin than anyone else. Such a scenario would include immediate bankruptcy for everyone else.
@plattech867
@plattech867 Жыл бұрын
Love your risks managements and judgement. Really tip top. Capital preservation in these times are truly a priority
@deficator750
@deficator750 Жыл бұрын
this guy is what we call smart money.
@mouseling1201
@mouseling1201 Жыл бұрын
Wish you happy & healthy Holidays! To you warm hearted man!
@fincarosa
@fincarosa Жыл бұрын
Ken, you've been proven correct. And still the haters can't bring themselves to acknowledge the truth. James Stephenson and SMR/Solving the Money Problem, telling ppl you are wrong when Tesla started to drop under $300. Lost respect for them. You saw it coming and called it early. Well done and much respect to you
@zhenjieliu9803
@zhenjieliu9803 Жыл бұрын
I trusted SMR so much that’s why I lost a lot of money in Tesla stock. Bought them at the mountain early this year
@MichaelOrtega
@MichaelOrtega Жыл бұрын
At this point, if Ken says tesla will go to 60… I’m gonna have to at least listen to the possibility and just focus on the long term. No EGO anything can happen.
@ChickenGeniusSingapore
@ChickenGeniusSingapore Жыл бұрын
missed you! just afraid Tesla will be priced as a value company over growth, if so $60. I think below $100, it's pretty much buy and don't look back.
@MichaelOrtega
@MichaelOrtega Жыл бұрын
@@ChickenGeniusSingapore I agree! From the looks of it. 2023 will be the most important year. After that, the FED, the FUD, and overall pain would have settled.
@carolinebitterly8973
@carolinebitterly8973 Жыл бұрын
Thank you so much Chicken for your videos ❤🙏
@i_am_thebatman
@i_am_thebatman Жыл бұрын
Dude I really hope we have Tesla Stock at $60 . That will make so many people rich if they load up on it
@antibioticum2798
@antibioticum2798 Жыл бұрын
I just watched the video you shared and I have to say, I found it to be extremely informative and helpful. Kev does a great job of breaking down the information about the Tesla stock in a way that is easy to understand, even for someone who is new to investing. His advice is clear and concise, and it's evident that he has a deep understanding of the market. I really appreciate the way he presents the information in a balanced and objective manner, and I feel much more confident about investing in Tesla (after it will hit near $60) after watching this video. Thank you for sharing such a valuable resource with us!
@willp1653
@willp1653 Жыл бұрын
I like the videos because it conveys your emotion a bit better than only words. But either way, it was always about the macro and those who 'got it, got out'. Thanks for your wisdom 🙏
@roxter299roxter7
@roxter299roxter7 Жыл бұрын
Profit margins will go down but earnings will go up.
@kevinkool3558
@kevinkool3558 Жыл бұрын
Hey Ken, don't be afraid to tell us what else you're investing in. You know, not investment advice and so on, but it would be interesting indeed to know. Thanks.
@foreversolvent5334
@foreversolvent5334 Жыл бұрын
I’ve heard his next play is Eth. Would be nice if he made a video on it.
@justinfuruness7954
@justinfuruness7954 Жыл бұрын
You called it spot on. Wishing I had listened to you over all the raging bulls, looking back it’s so obvious.
@yingle6027
@yingle6027 Жыл бұрын
I remember Ken saying that TSLA was a buy when it was at $1100.. What happened?
@leedsbutler3567
@leedsbutler3567 Жыл бұрын
I’m holding and I would buy if I could. I sell my house and all my clothes before my shares. Because I believe the best engineers and workers in the world are working for humanity at Tesla. Seriously. I’m happy rich or poor as long as I know I stood with something working to give humanity a more free and inspiring future.
@walden6272
@walden6272 Жыл бұрын
One day you will wake up and realize Elon Musk is a fraud. There were people who thought Sam Bankman-Fried was a humanitarian because he said he wanted to make money to help the world. He was going to donate all his fortune, what a bunch of lies. Elon is the same, just watch, he'll be expose as nothing more than a snake oil salesman who uses the goodness of people to promote his ideas to lure investors in so he can throw money into his problems. If it works, he gets rich, if his ideas doesn't work, he cover it up. So far he has been lucky but his luck is running out.
@mathewphilip6764
@mathewphilip6764 Жыл бұрын
I've found personally it's hard to stand back and have the discipline to wait for the right opportunity. Ken you've done so much to help me think through things logically instead of emotionally. Really appreciate your thoughts via Twitter and YT. Thank you!
@conradprice6218
@conradprice6218 Жыл бұрын
Agreed. I just buy when I get paid each month though. Can’t go wrong over 10 years if I just do that
@stevie1748
@stevie1748 Жыл бұрын
Dan Ives 2020: 'It's Tesla's world and everyone else is paying rent' Dan Ives 2022: "competition coming from all angles" "your starting to see they're not the only game in town"
@BB-sf7jv
@BB-sf7jv Жыл бұрын
The competition is coming and once it gets here Tesla will cut prices and destroy the competition. That said put no more than 5 percent in any one stock as Ken has done with Tesla. Slow and steady wins the race😉😉😉😉
@BB-sf7jv
@BB-sf7jv Жыл бұрын
@@JP-dz7zu Yep….he did a 180 and got a lot more angry. It was a good move financially but emotionally not so much. Unfortunately the dude is thin skinned.
@m.k.403
@m.k.403 Жыл бұрын
Again you have proved that you have bigger balls than all haters combined 💪 keep going
@grusgott7188
@grusgott7188 Жыл бұрын
Energy storage is projected to produce almost as much profit in 2023 as cars did in 2022. This means that profits will stay steady if there were almost no profits from cars due to price cuts. This is not factored into todays stock analysis.
@tellder1
@tellder1 Жыл бұрын
Thank you for making this video Ken! Everyone needed to hear this. A question if I may (respectfuly) - Some of us are just holding and got nuked. Selling would be the dumbest thing we could do now? You know - "wait for 10 years" thing?
@method341
@method341 Жыл бұрын
Taking a 50% loss is better than taking an 80% loss
@sophiec3592
@sophiec3592 Жыл бұрын
In the same boat 🛶 rn, long term view. Already in deep water. But Ken puts it, “the time will come.”
@ChickenGeniusSingapore
@ChickenGeniusSingapore Жыл бұрын
Dropped to much to take a lost. If you can stomach the pain for years, i believe tesla will be the most valuable company
@keilder8543
@keilder8543 Жыл бұрын
@@ChickenGeniusSingapore 100%. I only wish I had followed your lead when Tesla surpassed $1,200... I'm not leveraged, so all I can do now is wait until Tesla becomes the most valuable company in the world 🌎.
@garethball3502
@garethball3502 Жыл бұрын
Same here
@TheCorngrinder1
@TheCorngrinder1 Жыл бұрын
6 months ago I said to myself I'm not touching tesla till its 40-60 dollars and had other youtubers basically saying buy it now at 100 -120
@keithsia5466
@keithsia5466 Жыл бұрын
Cash is king in this recession period. Looks like 2023 will be a tough year and let's wait for FED pivot and start of QE
@walden6272
@walden6272 Жыл бұрын
If the Fed pivots, the Bond market will punish him and the inflation will punish the consumers. Then we will experience a economy known as inflationary depression.
@jaybyrdcybertruck1082
@jaybyrdcybertruck1082 Жыл бұрын
WHat your not talking about is the fact that ALL companies are experiencing this recession and demand destruction. Tesla has a plan to continue to sell and grow during this temporary downward turn. Its smart in my view as more butts in seats sells MORE Tesla long term. Tesla is going through a TEMP set back due to worldwide inflation.
@lexandro
@lexandro Жыл бұрын
Maybe this is the right way to spread the EVs around the globe as fast as possible to save Earth. We shouldn't forget Elon's original motivation.
@johnbonitz7658
@johnbonitz7658 Жыл бұрын
I agree with your first sentence but quibble with the second: If he truly thought defeating climate change was the top priority, he wouldn't have recommended people vote for Republicans.
@frankd963
@frankd963 Жыл бұрын
Great update. Thank you. Your prediction of Tesla at 120 to 160 is right on the money!
@ThaMonkeySquad
@ThaMonkeySquad Жыл бұрын
I'm so glad Elon is still sticking to selling as many as they produce and staying true to the mission. I'm buying at these levels, or else my itchy fingers would buy something else XD Thank you for holding your head up high for so long at sticking to your belief and the knowledge you have accumulated for so many years ❤ legend
@JLizard
@JLizard Жыл бұрын
Thank you for sharing your insights with us CGS. Do you think the price of Teslas coming down is going to put serious pressure on ICE? Just as investors love to hear that their favorite stock is cheap so do consumers love to hear that a performance car has become reasonably priced. When you add that it is a car that has low maintenance cost in the time of a recession makes for a hot commercial, no? In a recession people don't want to see shine and bling-bling bills- it's savings that are stylish.
@grantguy8933
@grantguy8933 Жыл бұрын
How you feel now? Hope u shorted it to 60 or 40. 😂😂😂
@swaep114
@swaep114 Жыл бұрын
Faraday Future.. Up 9 % Month.. Will Begin to Compete with Top Premium TechLuxury EVs in March 2023 when Production start. With 26 Systems/ Components Upgrades and EPA Rated 381 miles Range.. Competition is Growing in EV Market. another Reason Tsla Dropping Price, but won't mention that as a Reason.
@miguelangel2928
@miguelangel2928 Жыл бұрын
Thank you for posting again ❤
@Pennychaser1
@Pennychaser1 Жыл бұрын
I sold all my tsla shares at $230. Back then it was emotionally difficult to do. Now I'm not sure where the bottom is. I may start buying at $80. As a tesla car(MYP) owner myself. Tesla needs to get out of body repair business. Their making crashed tesla repairs very difficult to everyone. With many more teslas on the road repair process is just too long.
@getintothewildwithjeffruma8777
@getintothewildwithjeffruma8777 Жыл бұрын
You are a great person Ken. It’s great to see a video from you again. I closed my position in Tesla at $840 for a great profit. I love the company and believe in the long term the share price will be at all time highs but a person shouldn’t ignore the macro environment.
@Orrlur
@Orrlur Жыл бұрын
I wish I had closed all my tesla positions back then. But I did sold 75% of my tesla positions with huge capital gain. I will close out 25% now in red to off set my gain and hold my cash.
@getintothewildwithjeffruma8777
@getintothewildwithjeffruma8777 Жыл бұрын
@@Orrlur We all wish we could redo a few things in the market over the last couple of years👍
@coguglielmi
@coguglielmi Жыл бұрын
He also said he would reduce costs by 50%, starting from a position of sheer dominance in terms of margins. And profits will start to come from the energy division as well... sold out for two years there
@ngocbui3761
@ngocbui3761 Жыл бұрын
This didn't age well at all. 😂
@fomoyolope3573
@fomoyolope3573 Жыл бұрын
To my favorite SG coach, thanks for the warning and advice, your 9 months ago YT advice was forthcoming. Thanks you. If I could have a drink with you, it would be a dream come through. Ex-Singlish from California in SG currently.
@Marrow9000
@Marrow9000 Жыл бұрын
I was watching that stock price drop through the $140s to $120s this week and also noticed that CGS announced his buy in $140s (consistent with previous plan) and then the sell in $120s. I just wish he would have been clear about when he was shorting or doing his "synthetic short" earlier this year, early 2022. He announced that later and vaguely after he actually did it. It should have been a clearly stated shift of strategy after the prior years of Tesla bullish pump and hold forever videos. Yes I remember the calls and small Tesla 1200 price sale but I think the short strategy came out months later and still not clear when he did it. And very unclear when he sold his tesla stock.
@micahwatson9017
@micahwatson9017 Жыл бұрын
Shortsighted people have no clue how bullish this move is for Tesla (the company). With no debt and high margins allowing slashing prices to increase demand, Tesla will gain massive market share during a recession and give themselves a strong position coming out the other side. While profits are important, at this point growth is more important. All of their competitors are drowning in debt with no ability to cut prices. They’re facing demand AND profitability destruction....if many of them survive at all! Tesla stock will suffer big time in the short run, but will rocket to the moon in the future.
@tanson86
@tanson86 Жыл бұрын
Man, your videos is a money saver🙏
@pjuliano9000
@pjuliano9000 Жыл бұрын
What CG fila to tell you is that there are ZERO percent tax on stock sales … so, he can make 2 million in profit and keep it all … whch allows him to sell on a whim.
@Leeds1919LUFC
@Leeds1919LUFC Жыл бұрын
Thanks again, for all your videos. I appreciate you, along with a lot of people. Merry Xmas!
@williampmcd8548
@williampmcd8548 Жыл бұрын
Feeling impatient will be unavoidable. Expressing impatience in our relationships is different and it is probably not hygienic. Part of our progress as a species is recognizing each other's imperfections (as with "karma") as part of our greater humanity.
@henrytep8884
@henrytep8884 Жыл бұрын
You know it’s bad when chicken ends his video alone….yeeesh rough times.
@overcomefatceo
@overcomefatceo Жыл бұрын
This is why I’m Never a permabull or Permabear The second Elon announced the Twitter bid I saw it as a huge distraction. Retail investors often become obsessed with a stock and that Joe you get cult stock status. But they almost always fizzle out.
@tellder1
@tellder1 Жыл бұрын
Elon saying "Tesla will be most valuable company in the world" - short term hopium for investors or real?
@ihatewonders
@ihatewonders Жыл бұрын
Dont take what elon say for short term hopium. He a long term thinker so plan long term strat based on what elon say
@daryl4d
@daryl4d Жыл бұрын
Playing the short term game paid off so far, but it is a dangerous game. The stock can bounce higher, then someone will claim it’s a dead cat bounce, but then it can continue to go higher and someone will say it will probably revisit the bottom, then it never turns back and many miss out. When this happens it will be inexplicable and people will be caught off guard, just like now but in reverse. It’s a cautionary tale on how the stock market makes fools of all of us, so please don’t think you got it all figured out.
@ChickenGeniusSingapore
@ChickenGeniusSingapore Жыл бұрын
He was trying to pump the stock. Hated that
@tellder1
@tellder1 Жыл бұрын
@@ChickenGeniusSingapore Was thinking the same thing 🤔
@ishmaelali
@ishmaelali Жыл бұрын
And he has lost ALL ability to do so now. Time to get out
@anthonys2818
@anthonys2818 Жыл бұрын
Tesla is a long investment not a short term. If it goes to $60 I will double down. This will lower my average cost. Not selling and wall street won’t call me dumb money 💰
@cw5335
@cw5335 Жыл бұрын
If Chicken is indeed a genius, the time of releasing this video is definitely the best time to load up Tesla stock. Don’t think Tesla stock price will drop again down to $101 again.
@Bloodmarshal
@Bloodmarshal Жыл бұрын
Thank you for your insight Ken! I should have listened to your advice but my hands got itchy and started to DCA down from 199 :(
@thebesttheworst2277
@thebesttheworst2277 Жыл бұрын
Why you sad ? Plenty of people have been doing the same at DOUBLE the price you've entered at, you should be happy you aren't them
@-TheMaskedMan-
@-TheMaskedMan- Жыл бұрын
@@thebesttheworst2277 ​ and I’m happy I’m not him 😂. I started DCA yesterday at that $123 mark. I might just buy a fat options contract if things get super red 😮
@Bloodmarshal
@Bloodmarshal Жыл бұрын
@@thebesttheworst2277 I lowered my cost per share from 330 to 256 now haha. Still high though
@thebesttheworst2277
@thebesttheworst2277 Жыл бұрын
@@Bloodmarshal I hear you brother, $308 here
@-TheMaskedMan-
@-TheMaskedMan- Жыл бұрын
Dam price is dropping hard. Hope this continues for a while.
@kuanhuichia4489
@kuanhuichia4489 Жыл бұрын
Truly appreciate your transparency and thanks for the advice !
@CsLim821
@CsLim821 Жыл бұрын
i think it will break the 100, but I dun think it will btm at 60, maybe 80. just donkey guessing hehe. Thank you for the short yet informative update CGS
@shimmy1984
@shimmy1984 Жыл бұрын
glad you're back Chicken. I am holding and forgetting
@rosya.traveler4269
@rosya.traveler4269 Жыл бұрын
I should have sold some of my stocks when it was all time high 😭
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