Per Lekander, managing partner at Clean Energy Transition, discusses the outlook for Tesla and explains why he doesn’t expect the stock to recover over the next two years. The portfolio manager has been shorting the stock since 2020.
Per Lekander, managing partner at Clean Energy Transition, discusses the outlook for Tesla and explains why he doesn’t expect the stock to recover over the next two years. The portfolio manager has been shorting the stock since 2020.
Absolute Garbage of an analyst.
What a loser
How can a dominant EV car maker go bust? Forget software and energy business or robotics, competition is heating up heard that too many times
He said it – no new models, high fixed costs. It’s getting wiped out in China: it’s biggest market. BYD will take its market share outside the US. Going bust is a real possibility.
@@donkeychan491 Cybertruck is not a new model? Nobody is buying moldy BYD EVs in the EU market. Get your facts straight.
@@donkeychan491 BYD was down 42% in China, China is having the problems. They have 30 billion in cash and they are making new factories in Mexico and India!!!!!
Compact car and the Cyber truck it new and ramping up.
This guy is shorting Tesla!!
@@MyUniversalUniversity 70% of EV’s sold globally come from China. Chinese exports of EV’s are up 1000% over the last 3 years. They are totally dominating the market.
He has read the lesson and seen the Nio company model
Am not super bullish on TESLA at the moment but saying that a company with 23 billion cash and best selling EV cars in the world is going bust is the dumbest thing I’ve ever heard, this is probably the best buy signal you can get. What a clown! lol How is CNBC not ashamed bringing people like this on the show? Why don’t you bring a drunk 2 year old next time, would make more sense.
😂😂😂
Cash can easily go away when losses start pouring in. Like he said, negative working capital works in both directions, and they have high fixed costs.
@@splendidemendax7292 they have 30 billion, it has gone up every year!! Dah, he is shorting Tesla. He will lose as all other shorters have in the past!!!! 😂😂😂🤪🤪🤪🤪🤣🤣🤣🤣🤣
Wish I could upvote this comment many many more times over
They have some of the best margins out there and Solar in this new age/era, where we gonna need tons of energy(AI datacenters), their cash is growing every year, please go away with your dumb comments lol Don’t buy after stock goes -60% down from ATH and big chance is that you will be buying it very soon at +60% from last ath, at least. 😉 Bye bye now.
This guy is a complete joke. Tesla has challenges and sales probably don’t pick up until interest rates go down. But all the other nonsense he says literally doesn’t make sense.
Not all car manufacturers sales drop in Q1, so obvious interest rate shouldn’t be main reason for Tesla sales drop~
Never buy cult stocks. Cybertruck, the ugliest design in history, is going to lose them a lot of money.
TSLA fanboys triggered in the comments lol
I’m definitely a fanboy. I bought $100k of tesla stock in late 2019. Tesla has 10x my investment since than. I’m a super tesla fanboy and proud of it. This guy on CNBC has been short tesla since 2020. I’ve done allot better in my long position, than his tesla short position. What a moron.
Aren’t their motherboards and most parts come from China…?
No
This guy has been shorting Tesla since 2020, that’s why he follows his wishfull thinking logic. Makes no sense, but CNBC loves to bash the EV industry
Sales were always going to go down and will continue to do so as traditional car manufacturers release more electric vehicles in direct competition with Tesla. A lot of Elon fanboys who bought their stocks with stimulus cheques are also probably cashing out their shares to buy crypto currencies, which is adding to the slump in the stock price. Tesla’s huge investment into giga factories and technology means that if sales continue to decline, then there is a real possibility of bankruptcy. I certainly would not totally discount what this man is saying, that would be stupid.
You are a fool..you obviously don’t keep track of what’s going on with EVs, ai,and energy storage or fsd…tesla has only one major competitor, byd..their is no competitor in America…all the American automakers are making evs at a loss..they don’t have the unboxed method or giga casting that tesla has…and when tesla implements the humanoid robots in the factory, saving even more money on labor..their profit margins per car will increase even more…thus providing a lower costing vehicle with state of the art technology..the competitors will be crushed
this boomer
This silly short seller will go bust 😉
I usually do not comment or post, but I am laughing my butt off. Short Bears trying to make $ on fake facts, BS.
😂 he’s funny, should try stand up
the chinese government has orchestrated this exquisitely. they lured elon into an inescapable trap. they’ve captured the tech they wanted for their domestic brands… infrastructure, human capital and residual IP, whatever that ends up being worth, is just a bonus… letting elon set up with no local partner was the irresistible bait and he went for it with weapons-grade greed and hubris. at the time, i pondered why they’d do that for the first time **ever**. checkmate. without the china market, the “green revolution” is a pipe dream and now they’ll monopolize and leverage the geopolitics, which is the even bigger prize. after what beijing did to MSFT, betcha gates saw this coming years ago when he shorted TSLA… also get why buffett dumped BYD last year
His point about having a higher fixed cost and the leverage that has on the profits is absolutely true. LEVERAGE WORKS IN BOTH DIRECTIONS!
There are two major points he missed -number one, tesla does not have a lot of debt and it doesn’t have union contracts or other liabilities.
Two, Tesla does have an immense amount of stock option compensation -the “bubble” in stock price has been paying wages! That is the REAL leverage that will take tesla down.
Thanks for the news. I will go ahead and buy more 😂
Per Lekander is a fool.
Everything this guy says makes sense from a business prospective
Tesla developed autonomous driving system, that alone probably worth more than the current market cap.
He said that about Tesla 3 years ago as well, so…
And it looks like hes still right!
@@brunoheggli2888 😂😂😂😂😂😂🤣🤣🤣🤣🤣🤣🤣😂😂😂😂😂🤣🤣🤣
I don’t agree with the notion that the company can go bust (always a possibility), but I do agree the valuation is a bubble. The industry average is around 5 p/e, and Tesla is running a 60 p/e on a fwd basis while growth is negative.
What a load. He made so many false statements there are too many to list. And he thinks VW is competition because they are releasing so many models? Ha ha ha.
Just a joke.
Just because he was wrong in the past doesnt mean hes wrong now!
@@brunoheggli2888 He is more wrong than in the past. Tesla developed FSD, which will change the world. It’s like when Apple developed iPhone in 2007, but FSD will have much bigger impact than iPhone.
Better stick to farming.
How the duck is this guy getting TV time!??? LOL 🤡
Is his opinion not worthy of your attention?
you might be the clown if you are holding a huge bag of
the issue nobody talks about is ; “THEY MANIPULATE THE STOCK PRICE ” despite all that Tesla will go bankrupt soon or later it `s matter of time
I’d like to see Tesla using PayPal for charging! ❤️
How can they possibly have analysts on this show who have no subject matter expertise whatsoever?! He’s comparing VW, that is a laughing stock in China, to Tesla that every EV company aspires to be!! Model Y and Model 3 that ship today only share their names with the predecessors. Everything else has changed.
Per Lekander has been shorting TSLA since 2020? That explains why he’s trying so hard to talk it down.
TSLA is the future. All hail Elon Musk. Lefties can go go fairyland or something
Just renember hes been short on tsla for a long time, so lets just assume hes in a nassive financual hole. Obviously everything he says about the company will be doon and gloom.
Obviously, this is a window to get as much of the latest tesla innovation shares as possible considering the dip
Jimmmmmyyyyyyy
Cone join this chat you sonnoffacum
Per lekander , lets see one year from now.
Stop SmokingCrack,
😂 a jock
Tesla fanboys might need to google the GOAT Peter Lynch who explained it in the 1980’s when he said “Polaroid stock went from $140 to $107 and people said, “if the stock ever goes below $100 just back up the truck and buy it.” Well, Polaroid soon broke $100. It can’t go any lower, right? Within nine months the stock was at $18”
Polaroid wasn’t a disruptive technology company revolutionizing energy. They made a single product Kodak easily copied and sued them for like a billion dollars. 😅
are you really comparing Tesla to Polaroid?
You should be right next to this guy on CNBC, half understands a market, has the confidence to explain 100% of it
Polaroid was the legacy care makers of today. Ford, GM and many more.
this old guy is good for porno TV. unless cnbc is going down that path.
Time to buy!!!!
I suggest buying the new tesla innovation shares at this point as they are relatively cheap and are sure to yiedividends long-term
This is hilarious 😀 Who bribed this guy? There’s no way a so called portfolio manager could be this stupid to say 14 dollars or bankrupt. Go check the actual numbers and compare them to any other car manufacturer. Also, it’s funny how they keep trying to portay Tesla as ONLY a car company 😀 making me giggle.
Tesla has 30 bill of cash and is making billions of net profit each year. Everyone wants a cybertruck. Energy storage. FSD. Optimus. Ok mate.
This guy can get fucked. Shorted the stock and now coming on the TV to scare people
Headline should read- Tesla says portfolio manager could go bust
Tesla as whole is not going bust.. Tesla is more than just a EV manufacturer. I agree that the EV business will lose some market share, but wouldn’t go bust…
“Other conflicts”? What might that be?
He is hyper delusional
Tesla has so much cash how to be bubble
Clueless
The prediction of Tesla going bust is as silly as the $2,000 valuation predicted by Cathie.
Cathie was right in the past and she will be in the future!!!!
Depends how they’ve financed all these massive gigafactories. If it’s through debt, and the sales don’t grow fast enough (e.g. due to stale model range & increased competition), then they’re at risk. That’s just finance 101.
Cathie ‘s 1000x more believable. this guy has done nothing to contribute to society aside from being a cockroach that’s fed by spreading FUD.
I hope his misguided perspective isn’t characteristic of his analyses. I’m not sure how anyone could think Tesla is worth 10x earnings. Wow.
This interview was arranged to force a short term bottom in the stock. A shameful plug by market manipulators who went long coinciding with this “interview.”
That was the least convincing “bear case” i’ve heard so far
When you compare this guy with Cathie Wood – well, that basically says it all. One explains the standpoint by using numbers, the other one by fantasizing about the future.
With energy storage and transmission, They’re the only level 3 charging station in the Western Hemisphere. If you anaylze them just on supercharging alone they will have a monopoly. The government mandates on EV sales will make them the new Standard Oil Corporation.
Not to mention future revenue on humanoid robots, AI, Self Driving, and …. oh yeah, Cars.
utter rubbish
I don’t own tesla and I’m not bullish on tesla but saying it could go bust is unbelievably stupid
exactly..Tesla also has a strong energy division that is high growth and has higher profit margin then their cars.
Oh yeh that is dumb. On financials it’s already 1,000 times better than most of the nasdaq. Just stopped growing for a moment. Says a lot about the rest of the nasdaq if this is considered a bust stock.
Uch well thanks for the good run on Tesla. I sold my holding last year just under the peak. Thanks for the pump and dump and of course the free money. Bye
Tesla is a technology company not a car company
@@acegohard4731 yeah but for now cars are by far their main income, technology is all speculative
Amazingly ignorant stock analyst. It seems he’s got an “axe to grind”
Well seriously if it is going “bust”, just buy all the dips all the way to $10 and $5. No worries because Tesla will be $5000 is year 2100 because its the “world’s greatest company”. No?
This guy is absolutely insane.
Elon Musk is way way way smarter than you my friend ,so i’ts not going to happen !
Just another DF short and I don’t own any Tesla.
Bullshit!
Looks like the big short attack on Tesla is in full swing again. Now enter Reuters!
Offer me a cyber truck or any Tesla for that matter for free. Hard pass.
Tesla is going to $300 by year end
This is a window to get as much of the latest tesla innovation shares as possible considering the dip
No care for Tesla but this is rubbish analysis. Could have picked from hundreds of worse stocks. Wouldn’t have got the headline. The bigger risk is salaries going to $1,000,000/month with this fed and treasury money printing.
Here’s how I see it with this guy: 1. he has been convincing his investors all these years that Tesla is a no-good company, all while the stock is up thousands of percent; 2. he continues to mislead his investors on Tesla stock so he isn’t out of business; and 3. he is buying himself time with his BS talk because he plans to retire soon.
Han är så söt!
I’m ashamed of coming from the same country as Per. Meet the new Gordon Johnsson 🤦♂️
Guy is delusional…seriously?
cnbc is a bunch of idiots if they allow a such unqualified guy to talk
Since Elon bought Twitter the Tesla stock price has crashed in half.
Let me guess. The goofy looking guy predicting the future because he needs it to come true to save his finances.
I think it is safe to say that this segment very well may end this person‘s career. 😬
I find it astonishing that people who are supposed to be so highly educated and knowledgeable can simply be so wrong. Tesla is currently so undervalued it is ridiculous. With FSD being on the verge of being solved, this is 2019 all over again.
Elon’s lack of Focus on Tesla and always preoccupied on Twitter is a result of not having $25k affordable EV, he is to blame himself for all the stupidity
This is stupid
He’s always on twitter since 2012
Historical revision. He works 7 days a week at Tesla. He may tweet but he doesn’t run X corp he just owns it
Nobody complained about spaceX only until twitter was bought
Once dei goes / ev’s go
What about robo taxi and 🤖 robots and super computer . It’s not car company like the one paying you to say this.😂 let if you put your money on puts ? You will never be so foolish
Please rename the video: “Guy shorting TSLA rambles for 3 minutes to convince others to sell TSLA”
Here for outrage from Tesla fans
True
What an idiot
This is completely Elon Musk’s fault. He bought his way into Tesla then tried to convince everyone that he is the genius who started the company. Even though he didn’t. Since then he has been a total jerk to millions of people who all want to see him and everything he touches FAIL MASSIVELY. Au Revoir MAGA fool!
This guy really knows how to BS.
Can’t believe these fools are in very well paid jobs
What an idiot
This show is a big bubble
Shit show
Not a fan of Tesla. I think he might be talking his own book.
This guy is on something. They need to call 911. 😂
“Analysts” have been saying for years that Tesla will go bust, and yet, Tesla succeeds and goes up in value and revenue, every year. Tesla will make it, but I wouldn’t bet on legacy automakers with their massive debt. and rapidly declining sales.
cnbc brings all the stupid bears when the TSLA stock goes down ..lol they tried this so many times
Some people still think Tesla is a car maker 😅
I lost brain cells watching this 😂
Ding ding ding, ****** alert, ****** alert!
His arguments make sense if Tesla was run by a normal business person. Elon Musk is a genius. He can identify many ways to keep the company going. It is likely Tesla’s business model will change in the coming years since there is a lot more competition.