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Tesla Daily: Tesla News & Analysis

Alex Potter TSLA Price Target to $1,200, Elon Musk Clubhouse Recap, Baron/Wood Comments, Refresh Delivery Timelines (02.01.21)

Tesla Daily: Tesla News & Analysis

Rob Maurer

Tech News, Technology, News

4.81.1K Ratings

🗓️ 2 February 2021

⏱️ 17 minutes

🧾️ Download transcript

Summary

➤ Piper Sandler analyst Alex Potter has increased his TSLA price target to a new street-high $1,200 per share, noting that Tesla “fireworks aren’t over” yet
➤ Elon Musk is interviewed about Tesla, SpaceX, Neuralink, Bitcoin and other topics, then brings Robinhood CEO on the call to answer questions about trading halts last week
➤ Ron Baron of Baron Funds and Cathie Wood of ARK Invest comment on Tesla
➤ Morgan Stanley increases TSLA price target, addresses valuation if Tesla achieves 50% compound annual growth rate
➤ Refresh Model S and Model X delivery timeline updated for Europe
➤ Quick update on 2021 Model 3 winter performance

Twitter: https://www.twitter.com/teslapodcast
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#Tesla #TSLA #Investing

Plaid producer Who Why
Plaid producer Ice Lakes Investments
Ludicrous producer Fred Hassen
Executive producer Jeremy Cooke
Executive producer Troy Cherasaro
Executive producer Bradford Ferguson
Executive producer Andre/Maria Kent
Executive producer Jeff Sheets
Executive producer Jessie Chimni
Music by Evan Schaeffer

Disclosure: Rob Maurer is long TSLA stock & derivatives

Transcript

Click on a timestamp to play from that location

0:00.0

Hey everybody Rob Mauer here and today we've got quite a bit to go through from over the weekend.

0:11.2

We have a new Elon Musk interview from last

0:13.3

evening we also have a new street high price target from Alex Potter over at Piper

0:17.1

Sandler new comments from Ron Barron and Kathy Wood and a couple other things to go

0:20.8

through as well so a strong day for Tesla stock today finishing up 5.8% shaking off the fall from

0:26.2

Friday to close at 839.81 cents that compared to the Nasdac also with a very

0:31.1

strong day up 2.5%. That move today may have benefited from a new street high price target of $1,200 per share from Alex Potter over at Piper Sandler. Previously their price target was $515, but it's been quite a while since they've updated it.

0:45.0

And for good reason, they've been working on a 104-page report, which they are calling the

0:49.2

definitive guide to investing in Tesla.

0:52.2

Many of you will be familiar with Alex Potter. He's been on the

0:54.2

podcast three separate times. Likely with this update will have him on again very soon

0:58.2

so I'm not going to go into probably the normal level of detail that I would for

1:01.6

104-page report but unsurprisingly this is probably

1:04.8

the most in-depth analyst note that I've seen on Tesla so far.

1:08.0

And that's not to say it's going to be anything earth-shattering for those that follow the company

1:11.0

extremely closely, but it does a great job of setting the stage for those that are that are great job of setting the stage for those that are newer to Tesla

1:16.2

and need that grounding on why the heck Tesla is so valuable.

1:20.0

The report also does a great job of contextualizing the opportunity, so breaking the automotive

1:24.3

market down by region and by segment, which does a couple things both shows Tesla's dominance

1:29.3

in the segments they are playing in and then shows how close they are to really being able to expand their

1:35.9

reach and continue growing. Piper sums up the report by saying, quote,

1:39.7

2020 was a breakout year for Tesla, but in our view the fireworks aren't over.

...

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