Episode Transcript
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Speaker 1 (00:00):
Tesla shares are trading just above three hundred nineteen United
States dollars this morning. The previous day closed at three
hundred twenty one United States dollars, and early in the
session the stock has been fluctuating between roughly three hundred
twelve and three hundred twenty four United States dollars. Recent
trading volume has been notably lower than usual. Yesterday saw
(00:20):
about twenty two million shares changing hands, which is a
sharp drop over seventy per cent below the average daily
volume that typically sits around one hundred eight million shares.
This suggests that investor activity has cooled after last week's volatility.
Analytical sentiment toward Tesla currently sits at a consensus of hold,
with average twelve month price targets clustered around three hundred
(00:44):
three up to three hundred thirty United States dollars, though
there are outliers as high as five hundred United States
dollars and as low as one hundred nineteen United States dollars.
Some analysts recently adjusted their forecasts. Dertsche Bank raised their
price target to three three hundred and seventy United States dollars,
maintaining a by rating, while others like Guggenheim and JP Morgan,
(01:06):
maintained much more cautious views, with targets closer to one
hundred and fifteen to one hundred seventy five United States dollars.
Tesla's recent second quarter earnings disappointed, reporting revenues of twenty
two and a half billion United States dollars which missed
analyst estimates, and in earnings per share of forty cents,
falling three cents short of consensus projections. The company's year
(01:30):
over year revenue declined almost twelve percent, reflecting sharp drops
in vehicle deliveries and shrinking profit margins, which has reignited
the debate about Tesla's ability to sustain growth and profitability
as electric vehicle competition intensifies worldwide. Notably, Tesla just announced
to sixteen and a half billion United States dollar chip
(01:51):
supply contract with Samsung Electronics, underscoring a major bet on
artificial intelligence and next generation vehicles. This, along with chief
executive Elon Musk's high profile appointment to lead a new
government efficiency department, is drawing attention to Tesla's broader ambitions
beyond automobiles. In summary, Tesla remains a lightning rod for
(02:14):
market attention, but its share price is caught between strong
long term growth narratives and real near term operational headwinds.
The mood in the market appears cautious, with low volume
hinting it uncertainty, but Tesla's strategic moves and lingering potential
and artificial intelligence and autonomy mean few are willing to
write off its prospects entirely.