Why is Tesla surging—despite terrible earnings? episode artwork

EPISODE · Apr 24, 2024 · 36 MIN

Why is Tesla surging—despite terrible earnings?

from Wall Street Unplugged - What's Really Moving These Markets

Tesla (TSLA) reported its latest earnings yesterday… and the results were terrible. So why is the stock soaring today? I start today's show by looking under the hood at the difficulties Tesla faces—from lower EV demand… to high costs… to Chinese competition… And I highlight the single most important factor that continues to buoy the stock and ultimately makes Tesla a winner—regardless of headwinds. Gold stocks have been on a rollercoaster recently—the yellow metal hit new all-time highs this month before pulling back. I explain what's behind the action… why gold bugs are dead wrong about their thesis, despite the rise in price… why I'd take profits in gold and gold stocks right now… and why Bitcoin is a much better bet. In fact, I believe crypto offers the best speculative opportunity for investors right now. Make sure to join us for part 3 of our Crypto 2024 LIVE series, After the Halving, on April 30 at 7 p.m. ET. I'll break down how to position your portfolio for life-changing gains in the crypto space… and answer all your crypto questions. Save your spot—and send me your questions—here. Enjoyed this episode? Get Wall Street Unplugged delivered FREE to your inbox each week: www.curzioresearch.com/wall-street-unplugged/ Wall Street Unplugged podcast is available at: --iTunes: itunes.apple.com/us/podcast/wall-street-unplugged-frank/ --Stitcher: www.stitcher.com/podcast/curzio-research/wall-street-unplugged-2 --Website: www.curzioresearch.com/category/podcast/wall-street-unplugged/ Twitter: twitter.com/frankcurzio Facebook:. www.facebook.com/CurzioResearch/ Linkedin: www.linkedin.com/in/frank-curzio-690561a7/ Website: www.curzioresearch.com

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Why is Tesla surging—despite terrible earnings?

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