Elon, Inc. cover image

Elon, Inc.

The story Elon isn't posting about... (Hint: It's Tesla's stock price)

Feb 6, 2024
Elon Musk joins the podcast to discuss Tesla's declining stock price and the negative headlines surrounding his decision-making. The podcast also explores the polarizing views on Tesla among Wall Street analysts and the changing short interest in Tesla's stock. Additionally, Elon Musk's financial situation and alleged drug use are discussed, including debates surrounding his leadership and the impact on investors.
26:38

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

  • Tesla's stock decline is attributed to a slowdown in electric vehicle demand and its high valuation compared to other tech stocks.
  • Elon Musk's drug use and concerns about his leadership and corporate governance are impacting Tesla's stock and public perception.

Deep dives

Tesla's Volatile Stock and Declining Demand

Tesla's stock has been highly volatile, experiencing a 30% plunge since late December. While this is not uncommon for Tesla shares, the current decline is historic, with around $200 billion in market value erased. One key factor contributing to the stock fall is the anticipated slowdown in electric vehicle (EV) demand, particularly for Tesla. Tesla is seen as the proxy for the EV market, making it vulnerable to any decrease in demand. The stock's high valuation also plays a role, as it is considered expensive compared to other tech stocks. The decline in demand and expensive valuation have led some Wall Street analysts to recommend selling Tesla stock.

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode