Oh my goodness. So Elon Musk Sent an email to everybody in Tesla and you won't believe what he said. It's absolutely insane at the same time that he was sending this email. Adam Join us for Morgan Stanley One of the most famous analysts that are bullish on Tesla actually slashed the Target price from Tesla and his rationale is absolutely mind-blowing.

You won't believe what he wrote. So there's a lot to talk about here, including Tesla starting to recover slowly today and whether this is the beginning of a new run. Now look, I'm here to bring you nuanced analysis, not hype and emotions. So let's break everything down piece by piece.

First of all, we're talking about Tesla a company with zero debt, 20 billion dollars, and absolutely terrific cash flow and the best margins in the business. They're not going bankrupt now. the stock market might not like the stock, but the company is doing just fine and it's not in any risk. I've seen a lot of Bozos on YouTube make thumbnails for clicks with Tesla going bankrupt.

This is absolute horseshit fud ignore it if you see somebody talking about the Tesla bankruptcy. usually that's an idiot. Now first of all, let's talk about what Adam Jonas said. now.

Adam Jonas is an analyst for Morgan Stanley Right now, he's one of the most famous Tesla bulls and he put out a note saying something absolutely asinine. I'm not gonna lie because the Dude slashed the Target price from 330 dollars per share to 250 per share. and the rationale was that Tesla is going to extend its lead over its competition in the Eevee Market in 2023.. Now to me, it sounds like he was trying to do the old Russian trick of sugarcoating a sandwich.

Now he's slashing the Target price. He doesn't want to get the backlash, so he's saying well Tesla is going to extend its lead. It's like when somebody's rejecting you, you know you're a really nice guy. I like your personality but I'm not going to have sex with you pretty much so.

Adam Jonas is again bailing on Tesla This would not be his first time because if you go back in history and actually have the evidence, you might find that Adam Jonas has some flaky history with Tesla even though he might not want you to remember this. but everything is Forever on the internet. So this is what Adam Jonas said in 2019, where the Tesla fad were at its absolute finest. In 2019, even everybody was hating Tesla This is what he said: Tesla is a distressed credit story and a restructuring project and he basically said don't touch that Now Obviously since then he became a bull.

but now again, once times just start to be a little tough. You can see Adam Jonas starts to flake now. look I just want to explain something and this is not directly directly at Adam Jonas I don't know the guy I don't care about the guy. but here's what I have to say: analysts are not your friends.

Analysts are not your employees. They do not work for you and they do not serve your best interest. That's not their job. Their job is to reflect the current market sentiment.

Their target prices for the most part, except a very few like Gary Black and a few others are not fundamentally based. They're based on crowd psychology. They tell you what they think this stock will be based on crowd psychology. very little fundamental analysis.

They kind of Mark it out to be as if some sort of scientific Target price. but they're just calling out whatever the street is saying. they're glorified Jim Cramers. So before you listen to analysts, look, understand this and also understand and that the game is rigged.

Eighty percent of the money in the stock market is institutional and these guys work for institutional investors, not for you. So you know, just make sure you treat it like mainstream media. They're just there to throw you under the bus and kind of confuse you. Mostly when they tell you to sell and everybody is in the panic panic panic mode.

Look at what the Institutional Investor is doing. Check an Institutional selling check. Institutional buying. Usually they sell when you are following into stocks and they buy when you are panicking out.

I Mean check me on this and see now. look Adam Jonas is just one example. Let's move forward here because it's not the main story here. While this was going on, Elon Musk actually sent an email to everybody in Tesla and what he said was very interesting.

He said that he believes that Tesla will be the most valuable company in the world long term. He said that he wants Tesla to push out Q4 as much as match match. By the way, in Russians is ball. I Don't know if this is Freud or not.

He wants people to push out the deliveries as fast as possible so they get a strong finish to Q4. And he also said in the PS at the end of the letter, ignore the stock market craziness. None of this matters if we execute if we deliver. If we have great margins, the stock market craziness will go away.

It's absolutely meaningless. Now a few things here. Number one: I Completely agree with this final statement. Yeah, the stock market.

What's going on with me today? I Can't talk. The stock market craziness is absolutely irrelevant to the performance of the company. If the company keeps performing, it's going to keep bidding expectations like it did in the previous quarter. the price will go up.

You can't cater to crowd psychology. You have to focus on succeeding on the court 100. Agree with what Elon's saying here. Now there's a lot of thought about this letter and I feel like it's unjustified.

A lot of bozos Again on YouTube on Reddit on other social media are talking about that. This letter is a show of panic from Elon Elon is sending out this letter. He's panicking. No, my guy.

Check the history. Every year. For the past five years Elon is sending out a similar letter at the end of each year. This is an annual thing for Tesla.

This is nothing unusual, so relax with the flood anytime you hear people talking about. oh, it's a panic move. Chill. It's a usual standard Elon end of the year email If anything, the email shows me that Elim's more concerned about bidding expectations for deliveries than what's going on in the stock market.

Look, The final topic today is Tesla is up today a little bit, at least in the pre-market As of the recording of this video, the question is, does this change anything? Does it mean the Tesla is going to run up again? Probably not. You got to remember, we're going into very tough two years. The FED will keep raising rates in 2023, 2024 is going to be elevated interest time as well. so the next two years are not going to be good.

From a macroeconomic perspective, this change is nothing for Tesla investors long term because we know the next two years are going to be rough, but it doesn't change our thesis for the long term. Does this six percent mean that we're going to run up again to previous highs? Probably not. But for me, it's another sign that if a company goes down by five percent to one day six percent up the other day, it's a lot of unnecessary volatility. If you try to time this, you're probably you know you're playing a losing game I Would Just you know if you hate Tesla Get the out if you love Tesla Stay in.

This is absolutely meaningless. In fact I Don't think we're going to see anything dramatic in the market before people you know most of the Traders are now are passed out. Nobody's going to be working until the 4th or the 5th of January so the market is going to be pretty flat anyways before that. In any case, this is a long-term investing now one behind the point: I Want to explain here about Tesla A lot of people are Panic selling right now Tesla and that's fine if you don't believe in the stock you don't believe in Elon sell.

There's plenty of other options. but I Want to explain the concept here which I think Gets Lost in Translation When you're shopping for a convertible car, when would be the best time to buy the car? When you're shopping for or a winter jacket, when would be the best time to get the best deal on that jacket? You probably want to buy a convertible car in the winter time because not a lot of people are buying. The demand is low, the price will be lower. You probably want to buy a winter coat in the Summer where the demand is low.

you'll get a better price. Why are you guys who are fans of Tesla Not talking about people who hate Tesla If you're a Tesla fan and you want to be a shareholder of this company, why are you annoyed of the fact that this is winter time right now and you get to buy a convertible for cheap so that when summer comes in, you can actually drive and enjoy it? And you actually play pay 30 less So that mentality is something that very obvious to me. But I Don't understand what People are annoyed that their favorite stock that fundamentally is doing better than ever is now cheaper I Don't understand that honestly I don't and I know a lot of people hate Tesla hate Elon and they think it's a trash talk and they use it to bash the stock in England And people who like the stock I don't care. Their opinion is irrelevant.

but I'm talking to people who like Tesla and they're annoying about this. Come on guys, you know understand what's going on here. GM and Ford are drowning in debt Tesla has literally zero debt. They're 20 billion dollars in cash.

Best margins in the business. Double margins the GM and Ford They're killing it. They're growing 50 a year and right now they're in a massive 70 discount because this is winter and you're actually you know buying convertible. Think about it as always.

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