The Trish Regan ShowThe Trish Regan Show
Clean

Nov 12 - Why I Still Like Shares Of Tesla

View descriptionShare

In August 2020, I told listeners that Tesla was a stock that would be a strong performer. And, has it ever--shares of TSLA are up about 1400% since then. 
Nonetheless, shares of Tesla became quite volatile this week amid news that Elon Musk was selling a portion of his stock. On Friday we learned he was selling not just his $5 billion stake from earlier in the week but an additional $687 millions. The reality is -- Elon Musk may still sell even more. After all, he promised his Twitter users in a tweet that he'd sell 10% of his stake. But, does that mean we should sell too? 
Let's just say: I am reluctant to bet against such an innovative company like Tesla. Its potential, with Musk in the driver's seat (pun intended) is limitless. Although Rivian is the new darling of Wall Street, I'd say it's pretty nice to own a piece of the company that has already proven itself.
In this episode of my Trish Regan Show podcast, I take a look at investing in the Electric Vehicle sector as a whole -- and believe me, there are some interesting comparisons with history going all the way back to Henry Ford and the Model T.
Plus, why is this stock market rally making everyone so nervous? Do we really think the Fed will make a drastic move? The CIO of Morgan Stanely, Lisa Shalett, is telling clients she is "concerned that Fed policy is divorced from fundamentals." Is she right?
Probably. Nonetheless, realists know that these markets are still going higher but remain vulnerable to a pullback. This is why diversification is critical. Diversify, diversify, diversify I already say. And, in this show, I have some ideas on how you can do that. 
Join me here and get more online at https://TrishIntel.com

  • Facebook
  • Twitter
  • WhatsApp
  • Email
  • Download

In 1 playlist(s)

  1. The Trish Regan Show

    813 clip(s)

The Trish Regan Show

Trish Regan is an award-winning financial journalist, an American television talk show host and auth 
Social links
Follow podcast
Recent clips
Browse 813 clip(s)