How to save Tesla? Renowned investors shout: Either Musk changes or replace him!
胡胡胡美丽_ss
发表于 2024-3-15 16:35:53
211
0
0
Recently, due to a series of factors such as sluggish demand for electric vehicles, price wars that have damaged corporate profit margins, and a lackluster product lineup, Tesla, once the "market darling" and one of the "seven tech giants," has been in a "continuous decline.".
In view of this, well-known Tesla investor and CEO of Geber Kawasaki Wealth Management, Ross Gerber, shouted on Thursday that in order to "save" Tesla's plummeting stock price, CEO Elon Musk must either change his behavior or be replaced.
"If Tesla finds a CEO who can truly help the company, or Musk changes his attitude, truly refocuses on Tesla's work, and actively promotes the brand, the situation may soon improve," he said.
As of the close of the US stock market on Thursday, Tesla's stock price fell 4.12% to $162.50. So far this year, the stock has fallen by 35%. Gerber previously commented, "Tesla has just returned to reality, reached a more reasonable valuation, and reached the level it should have reached."
On Monday, Wells Fargo lowered its Tesla target price from $200 to $120, which is currently one of the lowest target prices given by Wall Street for Tesla, meaning the stock will fall another 30%. The bank describes Tesla as a "growth company without growth" and expects its earnings per share to be 32% lower than expected this year.
In addition to overall market headwinds and performance concerns, Musk, the CEO, is also one of the biggest reasons for Tesla's stock price crash. For investors like Gerber, disappointment with Musk's leadership and public image has reached its peak. Since his acquisition of X (formerly Twitter), this issue has been a focal point of debate.
Gerber often points out that in the past, Musk's popular tweets about Tesla effectively saved the company's marketing funds, but his behavior on social media platforms has become a source of controversy, causing harm to Tesla instead.
Last November, Musk's interaction with an anti Semitic post led Gerber to directly announce that he would replace his Model Y with Tesla's competitor Rivian.
He said in the latest interview, "I think investors have had enough. We are now seeing the fallacy of this business model, and the king of brand advertising has basically become the devil of brand advertising."
Even more disheartening is that Musk once threatened to withdraw his artificial intelligence project from Tesla unless he acquired a 25% stake, a requirement that Gerber called "delusional.".
Of course, there are also optimists in the market. Tesla's loyal fan and renowned strategist at the US investment bank Wedbush, Dan Ives, and his team, stated this week that the market is overly bearish on the stock, and Tesla's stock price may rebound by 77% in the next 12 months.
"We believe that due to Tesla's demand becoming more stable for the remainder of 2024, price reductions are slowing down, and battery costs/production are showing strong cost-effectiveness. In addition, the company plans to launch a Model 2 model priced below $30000 next year. These are all positive signals of stock price recovery," the bank said.
CandyLake.com 系信息发布平台,仅提供信息存储空间服务。
声明:该文观点仅代表作者本人,本文不代表CandyLake.com立场,且不构成建议,请谨慎对待。
声明:该文观点仅代表作者本人,本文不代表CandyLake.com立场,且不构成建议,请谨慎对待。
猜你喜欢
- Five car companies besiege Model Y within a week, will Tesla be pulled off the pedestal?
- Car owner revealed that Tesla saved his life by automatically turning the steering wheel to avoid the large truck at a speed of 170km/h
- Tesla's Shanghai Gigafactory exports over 1 million new energy vehicles
- Today, Tesla's Shanghai Gigafactory exported 1 million new energy vehicles
- Tesla Shanghai Gigafactory exports over 1 million vehicles
- Tesla Germany factory employee sick leave rate rises to 17%, Musk personally investigates
- Shanghai Nangang Helps' Lingang Made 'New Cars Launch and Go Overseas: Building a Dock at the' Doorstep 'of Tesla and Other Enterprises
- Tesla welcomes' important moment 'article, understanding Musk's autonomous driving strategy
- Tesla wins lawsuit over whether FSD system misled investors
- Tesla Model Y's' enemy 'is here
-
耐克公司上季度销售额不及预期,撤回新财年全年业绩指引。 当地时间10月1日,耐克公司(NYSE:NIKE)发布截至2024年8月31日的2025财年第一财季财务业绩。该季度实现营收116亿美元,不及市场预期,同比下滑 ...
- 覃志辉
- 昨天 19:09
- 支持
- 反对
- 回复
- 收藏
-
10月1日,国内造车新势力纷纷公布2024年9月交付数据。 据蔚来汽车公告,2024年9月交付汽车21,181辆,同比增长35.4%。截至2024年9月的三个月,交付了汽车61,855辆,同比增长11.6%。截至2024年9月30日,全年 ...
- hzhik
- 前天 19:12
- 支持
- 反对
- 回复
- 收藏
-
纳斯达克中国金龙指数收涨4.94%,热门中概股大涨,哔哩哔哩涨超10%。
- 3215779
- 1 小时前
- 支持
- 反对
- 回复
- 收藏
-
据央视新闻,当地时间9月30日,美国国家运输安全委员会表示,超过40家外国航司正在使用的波音737飞机的方向陀控制系统可能有潜在安全风险。 美国家运输安全委员会透露,该部门已获悉有两家外国运营商在201 ...
- shenhancz
- 前天 10:22
- 支持
- 反对
- 回复
- 收藏