Chit Chat Stocks Tesla Earnings Reaction, Betting On $HIMS, Google's AI Dominance, And An Asymmetric Opportunity In MGM With Travis Hoium
Oct 24, 2025
This week, Travis Hoium, Founder of Asymmetric Investing, shares his insights on the EV market, highlighting Tesla’s earnings and the strong potential of Uber and Lyft in capturing autonomous demand. He dives into Hims & Hers, exploring its healthcare disruption and growth potential. Travis also discusses Google's competitive moat in AI and emphasizes MGM's attractive valuation and growth opportunities in gaming. With a focus on long-term investment strategies, he critiques risks associated with short-term hype versus asymmetric stocks.
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Tesla Priced For Perfection
- Tesla is largely priced for perfection and lacks clear paths to the earnings needed to justify its valuation.
- Travis Hoium argues Tesla's margins and demand show it's no longer an asymmetric buy compared to cheaper, high-upside alternatives.
Buy Demand Owners, Not Just Vehicle Makers
- Do consider owning companies that control demand (Uber, Lyft) instead of uncertain autonomous vehicle suppliers.
- Travis recommends buying cheap demand-owners to capture upside when supply turns autonomous.
GM: Cheap With Recurring Revenue Upside
- General Motors shows solid EV results and recurring-revenue potential from Super Cruise.
- GM trades at about six times earnings, offering low-risk upside via margin and multiple expansion.
