Transcript
A (0:00)
This is Scott Becker with the Becker Business and the Becker Private Equity Podcast. Today's discussion is Tesla keeps overcoming obstacles. So here's the issue with Tesla and again, you're on the Becker Business, the Becker Private Equity Podcast. We try and bring you super efficient business briefings several times a day. Thank you for listening. So here's where we're at with Tesla. Tesla is at a spot where its car sales are going in the wrong direction. In fact, overall, it's going to have a decline year over year, about 7%. In Europe, it's getting absolutely obliterated where it's going to be down about 50% for the year in car sales or something like that. So I'm going to go horrible time there. Notwithstanding that, Tesla is still up as a stock about 3 1/2% year to date and a lot of it as it moves out of being sort of a, almost a legacy car maker. And it was never that. It was of course, the original electric vehicle maker. But as it moves out of just reliance on that, it was heavily into the robo taxi world. It seems to be doubling down in the robo taxi business and the markets. And the analysts seem to be in love with where Tesla is going. Obviously Elon Musk has moved himself away a little bit from the political everything and fast to see test Tesla continue to rebound even though the core product, the sales of the core product, the Tesla car, are down. So we're watching this closely. We love watching it. We'll encourage you today. One we come to you daily three to four short more business episodes. Thank you for listening to the Becker Private Equity the Becker Business podcast. We will ask you, also ask you to do us a huge favor if you can go to Amazon and pre order our latest book, Building Great Businesses, Great Momentum, Overcome Setbacks and Scale with Confidence. Pre order the hardcover. We appreciate it so much. Thank you for listening to the Becker Business and the Becca Private Equity Podcast.