Tesla: Bullish on the Company, Bearish on the Stock

The stock market doesn't care about how you feel about Elon Musk. It really doesn't because your portfolio definitely doesn't care about how you feel about Elon Musk. Nothing is going to destroy wealth faster than letting your own personal bias about a CEO dictate asset allocation. Today, Andrew and I are ignoring all the headlines. We're ignoring all the Twitter drama, and we're just focusing entirely on the company and the balance sheet. Buckle up. Here we go. Observe the North American dad, fifties, great polo collection. He enters his vehicle information on Carvana. An offer appears in minutes. Remarkable. He squints, reads it again, smiles, and says, dang. That's a good offer. The highest form of approval. No haggling. No hassle. No one called him boss. He's still on the couch. Astonishing. Sell your car today on carvana.com. Pickup fees may apply. Support comes from Wise, the smart way to manage the currencies you need around the globe. Fed up with losing out to hidden fees when you send money abroad with your everyday bank? Choose the smart way, Wise. You can count on the exchange rate you'd usually find on Google. No unwelcome surprises. Plus, ditch that where's my money feeling. Most transfers arrive in under twenty seconds. Join millions saving billions on hidden fees. Be smart. Get wise. Download the Wyze app today. T's and C's apply. You're tuned in. You're tuned in. To the Investing for Beginners podcast. Investing for Beginners podcast. The show for the long term investor. We cut through the noise to focus focus on on what what works. Works. Compounding, discipline, the conviction to buy wonderful businesses and stick with them. Your path to financial freedom. Start now. And welcome back to the investing for beginner podcast, everybody. My name is Steven Morrison. He is Andrew Saylor. And, Andrew, today, we are talking Tesla. I'm super excited about it because I think Tesla is one of the coolest companies on the planet. Like, setting aside their CEO and all the extra drama around the company, I think what Tesla does just in general is really cool because, let's be honest, the electric car has been around since the eighties. Now granted, it was way too expensive to produce the batteries and all the mechanics and stuff back in the eighties, but Elon and Tesla have pretty much taken something just crazy out there that had been around for over, what, three decades, almost three decades, and they mainstreamed it. And now today, I think y is, what, like, $39,000. So, I mean, it's even on the cheaper end of of new cars. And so, I mean, I I just... I think... And fun fact, a lot of people that are really anti EV don't realize, Like, some of the EVs, the electric cars out there, like, they have insane horsepower. Like, insane, like, power to wheel ratios. Like, it is insane how quick some of these cars can get. So I …