We're in the middle phases of the Tesla growth story, says Wedbush's Dan Ives

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[EarlierQueen]

Made 200k today. Gratitudes to you and this channel for all the knowledge you had thrown my way over the last months. Started with 14k in June 2022

[bernios]

As Dan keeps saying: It's Tesla's game, everybody else is paying rent. The lack of a long time strategy on the side of most "analysts" (not Dan Ives) is striking.

[doittoit]

Tesla has “…so much excess inventory”? They have 16 days inventory at about 94, 000 cars, but there are around 35, 000 on ships going to Europe. Most automakers have 60+ days.

[douglasgray]

How is it that these people don’t know that Tesla’s inventory is already sold! The cars are not on lots waiting for buyers. They are on ships, trains and trucks being delivered all over the world.

[maltlickytexas]

I'm a simple man; I see Dan Ives, I click & watch.

[theguy]

I agree, middle growth phase, much more to come. low cost Tesla, van, roadster, more Giga factories. Massive CT production. Legacy auto floundering, can't be doing that when Tesla is the competition. Glad I got TSLA 5 years ago, still adding to it.

[thesadboxman]

I know Dan is a $TSLA bull, but he's being an idiot. Tesla produced less cars than they sold in Q3. If anything, this tells you that demand is exceeding supply! The only reason why they produced less cars is because they had factory shutdowns to upgrade their lines for the new Model 3/Y.

[adamyoung]

Champagne on ice?
Nightmare on elm street?
Poker move of cutting prices?
Arms race?
Cage match with UAW?
Concrete wall?

Dan Ives is the best on CNBC!😅

[JordiBTC]

Chinese BEVs are going to be taxed in EU and are NOT high sellings right now in EU. Greetings from Germany.

[VanPeltufcyde]

When he turns bearish, I’m buying. He’s a proxy for TSLA management. Instead of trying to predict whether or not we’re going into more recession and keep losing your money, a better strategy is simply having a portfolio that’s well prepared for any eventually, that’s how some folks' been averaging 150K every quarter according to Bloomberg.

[idonotlikethismusic]

Dan Ives doing PR and spin for Tesla on CNBC..."a pause on the Tesla growth story"...and CNBC keeps bringing on the people to do that

[dabrainvideo]

also which was never said byd profit per car vs tesla is 1/4 or worse.

[rossadamdixon]

BYD has mode lmodels and sales the same way Ford sells more models. Hybrids are not full BEVs.

[silverclifflightshow]

Funny, that one reporter in the middle has no clue, she thinks tesla is just a car company that cracks me up every time 😂

[reggie]

Does high interest rate dampen auto sales?not just Tesla

[harrychu]

Dan Ives is buying Tesla stock here, who could blame him. At these ultra low prices, they are practically giving away Tsla shares.

[MrNodeee]

I wonder what the demand would be if Gov't didn't give the rebates?

[theripper]

Tesla sales every car they make. What a beautiful problem.

[mjbrennantpc]

It is remarkable how mis or uninformed these 2 are. It makes me wonder about the rest of the stocks they purport to discuss.

[Jasonfallen]

Tesla has 16 days of inventory.
That’s far lower than the industry average. If there’s “soft” demand for Tesla’s then everyone else in the industry has no demand whatsoever.
The average is 70 days of inventory and in many cases it’s over half a year worth of sales are just sitting on dealer lots and storage yards starting to rust with their tech getting more obsolete by the day.
If people think Tesla is in trouble they need to examine VW, BMW, Ford, gm and others.
Tesla is in the best position of any automaker. New factories, affordable labor costs, localized production and sourcing. And they’re starting to build the most important parts of an EV themselves to absorb even more of the profit generated by the business.
Meanwhile traditional OEM’s are figuring out how to starve the ICE biz while ramping up EV development and it’s tough to compete with Tesla.