Most Popular
1. Banking Crisis is Stocks Bull Market Buying Opportunity - Nadeem_Walayat
2.The Crypto Signal for the Precious Metals Market - P_Radomski_CFA
3. One Possible Outcome to a New World Order - Raymond_Matison
4.Nvidia Blow Off Top - Flying High like the Phoenix too Close to the Sun - Nadeem_Walayat
5. Apple AAPL Stock Trend and Earnings Analysis - Nadeem_Walayat
6.AI, Stocks, and Gold Stocks – Connected After All - P_Radomski_CFA
7.Stock Market CHEAT SHEET - - Nadeem_Walayat
8.US Debt Ceiling Crisis Smoke and Mirrors Circus - Nadeem_Walayat
9.Silver Price May Explode - Avi_Gilburt
10.More US Banks Could Collapse -- A Lot More- EWI
Last 7 days
Keep Calm and Carry on Buying Quantum AI Tech Stocks - 19th Feb 24
How to Profit from the Global Warming ClImate Change Mega Death Trend - Part1 - 17th Feb 24
Why Rising Shipping Costs Won't Cause Inflation - 17th Feb 24
Intensive 6 Week Stock Market Elliott Wave Training Course - 17th Feb 24
INFLATION and the Stock Market Trend - 17th Feb 24
GameStop (GME): 88% Shellacking Yet No Lesson Learned - 17th Feb 24
Nick Millican Explains Real Estate Investment in a Changing World - 17th Feb 24
US Stock Market Addicted to Deficit Spending - 7th Feb 24
Stocks Bull Market Commands It All For Now - 7th Feb 24
Financial Markets Narrative Nonsense - 7th Feb 24
Gold Price Long-Term Outlook Could Not Look Better - 7th Feb 24
Stock Market QE4EVER - 7th Feb 24
Learn How to Accumulate and Distribute (Trim) Stock Positions to Maximise Profits - Investing 101 - 5th Feb 24
US Exponential Budget Deficit - 5th Feb 24
Gold Tipping Points That Investors Shouldn’t Miss - 5th Feb 24
Banking Crisis Quietly Brewing - 5th Feb 24
Stock Market Major Market lows by Calendar Month - 4th Feb 24
Gold Price’s Rally is Normal, but Is It Really Bullish? - 4th Feb 24
More Problems in US Regional Banking System: Where There's Fire There's Smoke - 4th Feb 24
New Hints of US Election Year Market Interventions & Turmoil - 4th Feb 24
Watch Consumer Spending to Know When the Fed Will Cut Interest Rates - 4th Feb 24
Blue Skies Ahead As Stock Market Is Expected To Continue Much Higher - 31st Jan 24
What the Stock Market "Fear Index" VIX May Be Signaling - 31st Jan 24
Stock Market Trend Forecast Review - 31st Jan 24

Market Oracle FREE Newsletter

How to Protect your Wealth by Investing in AI Tech Stocks

Will Tesla Die Next?

Companies / Self Driving Cars Dec 23, 2022 - 11:38 PM GMT

By: Submissions


Elon releases the “Twitter Files”… TSLA is a buy below $200… Our EV play in Disruption Investor hits an all-time high...

  1. Elon Musk dropped a bombshell on the internet earlier this month by announcing the release of the so-called “Twitter files.”

Musk, who recently bought Twitter and took it private, tapped independent journalist Matt Taibbi to share the dirty details.

In short: company emails confirmed that Twitter’s content moderation wasn’t exactly objective. In fact, Twitter took orders from politicians to suppress content that was inconvenient to them, Including during elections.

We don’t do politics here at RiskHedge… and I doubt Musk had political motives. When you take over a dysfunctional organization like Twitter, it’s smart to air out damaging secrets and start fresh. Musk did what he had to.

But this—once again—puts Musk in the center of major controversy.

And many folks are concerned all this drama spells doom for Tesla (TSLA). While it appears to have been removed from the internet, I was sent a Business Insider article titled along the lines of:

“If Twitter Dies, is Tesla Next?”
  1. Just last year, Elon Musk was welcomed as the celebrity host of Saturday Night Live.

He was almost universally beloved, a hard thing to achieve in America these days. Environmentalists loved his electric cars. Capitalists loved his business success.

What changed so fast? Musk waded into politics, which has made him lots of enemies—especially in Hollywood and in the media. The other day someone told me they’d never buy a Tesla car now “because of Elon.”

And nowhere is his fall from grace more evident than in the chart of TSLA stock.

Tesla stock went on an all-time great run from 2019–2021, gaining 3,000% in under three years. But since Musk said he was buying Twitter on April 14, TSLA has crashed around 45%:

  1. I’m getting interested in Tesla stock at under $200/share.

I disliked the stock for a long time because it had little hope of living up to impossibly lofty expectations. But this “reset” in its price is an opportunity.

Tesla is still miles ahead of its competition in electric vehicles. And it just revealed its long-awaited electric semi-truck, which could be a tremendous new growth opportunity. About two-thirds of all cargo in the US travels on trucks.

Couple this with Tesla’s opportunity in self-driving technology—a huge area where it’s also a leader—and the stock looks attractive here.

I like Tesla, but I hope Musk lays off meddling in politics. It’s an unnecessary risk.

  1. Albemarle (ALB)—a staple in our Disruption Investor portfolio—recently struck an all-time high.

The stock is up around 205% since our recommendation. Congrats to readers who took advantage.

ALB remains my favorite large stock to play the EV boom. It’s the world’s largest lithium miner—and Lithium is a key component in electric vehicle (EV) batteries.

EV sales are breaking all records this year: up 60% compared to 2021. And the price of lithium has more than doubled in 2022.

And this is just the beginning. By 2030, EVs will need as much lithium as 250 billion iPhone batteries. That’s 14X more than all the lithium the world uses today!

Albemarle controls 25% of the lithium market and owns the purest lithium mines on the planet. And Albemarle plans to expand lithium production by roughly 5X over the next decade.

Remember, we’re just entering the “mass adoption” phase for EVs. Today, battery-powered cars are roughly where smartphones were back in 2010. A decade ago, one in 10 people owned a smartphone. In 2022, one in 10 cars sold is an EV.

Expect EV sales to grow rapidly over the coming years. As the disruptor fueling every automaker’s electric dreams, Albemarle stands to make a killing.

If you’re not already invested, consider using the recent pullback to buy ALB for the long term.

But to capitalize on the next wave of EV profits, we’re looking beyond the traditional opportunities.

3 Breakthrough Stocks Set to Double Your Money in 2022

Get our latest report where we reveal our three favorite stocks that can hand you 100% gains as they disrupt whole industries. Get your free copy here.

By Chris Wood

© 2022 Copyright Chris Wood- All Rights Reserved Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.

© 2005-2022 - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.

Post Comment

Only logged in users are allowed to post comments. Register/ Log in