Squawk on the Street 2025 Playbook, "Magnificent 7" Momentum, Tesla Slides on Deliveries 1/2/25
Jan 2, 2025
Jim Cramer and David Faber dive into the stock market's promising start to 2025, focusing on the 'Magnificent 7' stocks, including a critical look at Tesla's recent delivery slump. They discuss the contrasting performances between equal-weighted indices and traditional metrics while examining Tesla's competitive challenges in the EV sector. Additionally, they touch on significant events like the New Year's Day truck attack and the Tesla Cybertruck incident in Las Vegas, all while exploring broader economic trends and innovative technologies in healthcare and national defense.
AI Snips
Chapters
Transcript
Episode notes
Investing Advice
- Consider investing in undervalued companies.
- Look for companies with reasonable valuations and strong fundamentals.
Tesla Deliveries Decline
- Tesla's Q4 2024 deliveries missed expectations, marking their first annual delivery decline.
- This raises concerns about Tesla's future growth and competition from companies like BYD.
Retail Investor Influence
- Despite high valuations, some believe Tesla and Palantir will remain popular due to retail investor interest.
- This raises questions about market efficiency and speculative bubbles.