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Rebel Capitalist News

News: Tesla Is Collapsing...Will My Dire Warning Come True?

Rebel Capitalist News

George Gammon

Business, Investing

4.71.1K Ratings

🗓️ 28 December 2022

⏱️ 10 minutes

🧾️ Download transcript

Summary

The Rebel Capitalist helps YOU learn more about Macro, Investing, Entrepreneurship AND Personal Freedom.

Transcript

Click on a timestamp to play from that location

0:00.0

Hello fellow rebel capitalists hope you're well.

0:02.6

I wanted to do a late video tonight because I know this is big news.

0:05.9

The Tesla share price is just absolutely crashing.

0:09.6

Let's shoot over to CNBC see look at the details and then go to a video I made

0:17.6

November on 15th or the 16th where I was talking about not only the Tesla share price coming down, but this also impacting

0:27.2

Twitter because Elon Musk now owns Twitter, which historically has been a money losing company.

0:35.0

And my premise was if it continues to lose money,

0:39.0

especially because advertisers are fleeing because maybe they don't like Musk,

0:42.0

and if the Tesla share price goes down

0:45.2

he could have a hard time funding the Twitter operations.

0:49.0

We've definitely seen the share price of Tesla crash.

0:52.1

Now the question is how does that impact Musk?

0:55.1

How does that impact Twitter and maybe even the rest of his businesses? So let's go over to

1:01.5

this article from CNBC. Oh let me go over to this article from see me see let me do the screen share here sorry guys there we go so and this is from today

1:09.1

Tesla's stock is headed for its worst month quarter quarter, and year on record. Key talking points, Tesla shares

1:17.2

dropped 11% on Tuesday. Just today, they dropped 11%. And from what I've been hearing on Twitter, they are down even further in after hours trading.

1:29.0

Investors are bailing on the stock as challenges mount for Tesla brought in at home and as Musk

1:36.4

continue to spend outsized amount of time on Twitter. Multiple outlets report fresh challenges for Tesla. You know what's interesting is is back when the

1:45.9

Tesla share price was just skyrocketing and so many of these famous short sellers like

1:51.8

Jim Chainos, David Einhorn, and I want to give the

1:56.6

gentleman credit Mark Speagle. We're talking about all the things that Tesla have wrong, all the fundamental problems of Tesla and how that wasn't reflected in the price.

2:10.0

All these people were dismissed and it never really impacted the price.

...

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