Tesla

If Tesla doesn’t make some changes, starting with the board, it could spell the end for the company. We believe in Tesla and its mission. We want the company to be successful, but Elon Musk‘s increasingly disturbing actions have brought the…

Elon’s actions are making it harder and harder to support Tesla as a company. His actions directly affect Tesla’s share price because Elon is Tesla. That said, we still believe there is more upside to shares.  A Few Takeaways Big picture:…

The roller coaster surrounding Elon Musk’s failed effort to take Tesla private resurfaced the topic of Apple buying Tesla. If Tesla successfully turns the corner to profitability, the combination of the two companies is nothing more than a fairy tale,…

Tesla announced it’s staying public. We were wrong in thinking there was a 2/3 chance that Tesla goes private.  We continue to believe Tesla would create more value as a private company. That said we believe shares of TSLA are undervalued…

Eight years ago, we wrote a note titled, “No Such Thing as a Value Stock in Internet?” The hypothesis was that technology stocks, by nature, must be growth stocks to be compelling. Technology is inherently new, so investors look for…

TSLA is down ~8% following an NYTimes article about Elon Musk. Investors are likely most concerned about Musk’s overall mindset and burn out in addition to the use of Ambien and possibly other drugs. The article is an interesting insight into…

Shares of NVDA are down 5% after-hours. The company missed expectations in its OEM and IP segment as the decline in crypto pricing triggered softening demand for crypto-mining hardware. While crypto drives just ~3% of revenue, the miss in the…

Elon Musk wrote a blog post titled Update on Taking Tesla Private addressing the most common questions following last weeks going private circus. We still believe there is a greater than 50% chance Tesla is private in a year, and…

After processing Musk’s letter along with a number of other variables that have emerged, we believe there is a greater than 50% chance Tesla becomes a private company. A privately held Tesla has a greater chance of succeeding than if…

This story is still developing, but here are our preliminary thoughts. Our guess is there is a 1 in 3 chance he can actually pull this off and bring Tesla private. The 16% premium to current share price may not be high enough…

We are positive on the Tesla story given the company’s well-positioned product roadmap around EV, autonomy, solar, and storage. Tesla shares are up ~9% after hours as the company made progress on key pieces to the long-term sustainability of the…

Tesla will report second quarter earnings on Wednesday, August 1st. We are expecting results to be a mixed bag, but remain optimistic regarding the Tesla story. June profitability and tariffs could weigh on shares. Most importantly, Model 3 demand remains healthy,…