Tesla's $1T Market Cap, Hertz Orders 100k Teslas, Earnings, and more w/ Sawyer Merritt
In this episode, Shamus Madan talks with Sawyer Merritt about his investing journey with Tesla, comparing Tesla with other automakers, and the future potential. They discuss the Hertz deal, personal experiences of ordering a Tesla, Q3 earnings, and Elon Musk's role. The conversation ends with a discussion on SpaceX's valuation and Starlink's potential.
Key Points
- Sawyer Merritt sees Tesla as more than just an automobile manufacturer, considering it a blend of technology, software, and energy company with various potential revenue streams from different sectors like Tesla Bot, Robo taxis, and commercial energy storage.
- The Hertz order for 100,000 Teslas, despite not having a signed contract, is significant as it validates Tesla's product and could influence other rental companies to follow suit, potentially converting new customers to electric vehicles.
- Tesla's continued profitability, as demonstrated by their 9th consecutive quarter of earnings, indicates the company's growth and maturity, with a management team that's capable of leading without Elon Musk's direct involvement in every aspect.
In this episode, Sawyer Merritt, Tesla investor, and reporter joins us to discuss Tesla selling cars to Hertz, Tesla hitting the $1 Trillion market cap, a quick breakdown on earnings, and how important Elon Musk is for Tesla's success.
Twitter of Host: @mbitpodcast
Twitter of Guest: @SawyerMerritt
Disclaimer: The MBIT podcast is reflecting the opinion of only the host. The podcast is for informational purposes only. The podcast is not a research report and is not a recommendation to purchase or sell any stocks, holdings or securities. The podcast is also not meant to serve as the basis of any investment decision.
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Transcript
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