Latest / The Paul Barron Crypto Show / Tesla Stock Skyrockets🚀ETH & Solana vs Tesla

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Tesla Stock Skyrockets🚀ETH & Solana vs Tesla · The Paul Barron Crypto Show

• 0:07
  Okay, guys, we're gonna be breaking down Tesla today and how this may
• 0:11
  line up against Ethereum, Solana, all your crypto goodies that I think you
• 0:15
  guys are gonna love. My name is Paul Baron. Welcome back into tech
• 0:17
  Path. We'll dive into all of that today in comparison because a lot of
• 0:21
  people have been looking at the performance of Tesla over the last few days and
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  weeks, and of course a lot has been happening, so we'll get to
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  it out. It does help the channel, all right. So let's get
• 1:07
  into a couple of topics here today. I want to look at Tesla in
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  general, and what you're looking at right now is a pretty significant move here
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  recently. If you go back here around mid June where stock was training on
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  one seventy now up to where it's clipping to the two sixty mark into another
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  bizone, which will be interesting to see how this plays out right now.
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  But Tesla overperforming obviously for many of the performance reasons we've seen in terms of
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  deliveries and things of that nature. There are a handful of other things that
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  Tesla has been i won't say leaking, but have been talking about and whether
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  or not that gives any kind of indication of whether we're going to see continued
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  movement on this stock in the positive session and it becomes kind of the next
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  Nvidia still up for grabs. We'll see if you look at their vehicle production
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  deliveries, this of course was the most recent second quarter data production versus the
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  previous You see the Model three and why deliveries were up quite a bit here
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  up to percent. Other models still up a little bit, so overall not
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  bad performance. I think that was the reason. Obviously we saw a big
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  push on Tasla. And of course you have to remember remember that what we're
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  dealing with is a very unique position again, because there's been a lot of
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  companies that continue to i won't say pullback, but are at least slowing down
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  their electrification strategies, including four and others that have been out there doing this,
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  and Tesla seems to be in the position right now of doing some pretty
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  good stuff. Now if you look at their revenue, you can kind of
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  see here that it started to stabilize, but it is holding, you know,
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  around ninety four ninety five billion, not bad in terms of comparison.
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  Year over year, the quarterly revenue still around the twenty four billion or so.
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  If they can top that one hundred billion mark, I think that will
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  be a pretty significant up trend for them. If you look at the year
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  over year quarterly growth, it's actually slightly down. Now. Many people might
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  say, well, that's because of what we're seeing right now in the economy,
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  everything from jobs to a lot of pressure because of inflation, et cetera.
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  I would agree with that. Cars have taken a pretty significant hit across
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  most of it. If you look at the stock price, just in the
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  fourteen year split history, there was two splits on Tesla right here, and
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  that's, of course, was the primary issues for those stock fall offs right
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  there. I'm going to go to a clip real quick, and this clip
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  is an analyst that's taken a look at whether or not Tesla is still a
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  good bet. Take a look. Joining us right now is Tony Sakinagi.
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  He is Bernstein's senior research analyst. He actually rates Tesla underperform with one hundred
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  and twenty dollars per share price target. Tony, I'm looking at it.
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  Tesla's almost at one hundred and fifty or two hundred and fifty. That is
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  so far above your price target. What do you do at this point?
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  There's the companies whose deliveries were down five percent this quarter, they were down
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  nine percent last quarter. Is trading at one hundred and twenty five times earnings,
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  and there's anticipation about a robotaxi event in early August, and so we
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  could continue to see some momentum in stock. But this is this is memelike
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  quite frankly, the valuation is disconnected from the fundamentals. The stock was supposed
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  to a company was supposed to earn seven dollars in earnings this year. Consensus
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  estimates are now two dollars. But at this point we don't see that.
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  We believe that autonomy is a ways out, and we don't believe that Tesla
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  will uniquely solve that problem. Tesla has not done any public trials, and
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  you have to almost believe that to get to the types of valuations that Tesla's
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  stock is currently trading at. I would agree with him on to a certain
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  extent, and that is, you know, we've done videos on Tesla for
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  many years. Here on the show. I did an analysis probably three years
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  ago on Tesla's full self driving and whether or not it was going to make
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  it into autonomy. I was much of a bull at that case. I
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  got a chance to, of course, experience full self driving in a big
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  way. It was going to be light years away, and we could tell
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  that it did improve in fact, prove that our position was a little bit
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  over stated at the time because I thought it was going to be much faster.
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  I think a lot of people did. But I think Elon is a
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  great salesman and he does a great job in being able to sell what the
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  future might hold. And again this event for a robotaxi event in August could
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  be enough to keep the stock high enough. Now, if you look at
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  other traders out there, expert traders in the market, you got to look
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  at Nancy Pelosi. Is she holding Tesla right now? No, she's selling
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  off about half a million in Tasla stock. She is buying though Visa Broadcom
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  and also I'm sorry, buying Nvidian Broadcom and selling off Visa. So video
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  of course right now almost at the top right now in terms of the overall
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  So what does Nancy Pelosi, our number one investor in the world, have
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  to say about that? This is one to watch. Other things that are
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  happening with Tesla that could cause a little bit of a pump. Is you've
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  got Elon and Trump starting to talk. So if Trump gets in the White
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  House, could there be some favoritism to Tesla or at least recognition of Taesla.
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  Remember, Biden has pretty much shunned Tesla in terms of their position in
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  electrification of vehicles here in the United States. But the charging network, which
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  is still i think and has proven to be one of its powerful assets.
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  If you compare to what Ford has been able to do. I've seen story
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  after story of the Ford Lightnings having problems out there within the charging networks,
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  primarily because of some of these charging networks that don't get in there. So
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  maybe this is a position politically for electrification, even though Trump has not been
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  a big proponent of electric vehicles. Maybe there is a little bit of truth
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  coming between those two. Other things will move into where the election may be
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  going. And this is something that we're looking at right now. Obviously,
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  Biden's dropout percentage is starting to fall, meaning he's going to stay in the
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  race. After the interview we saw this weekend, it looks like Stephanopoulos was
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  able to kind of position enough to get the you know, the president back
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  into a comfortable position of people believing that he's willing and ready to go into
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  this race. So polymarkets see it as him dropping below fifty percent right now
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  in terms of the chance. So if the chance continues to drop all the
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  way back last time we saw it, which was back here in June,
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  prior to the debate, it was around twenty percent at that time. So
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  if we get back into the mid thirties, I think we're probably going to
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  see Joe Biden on the ballot in November. Things to look at right here,
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  t Yz. You guys know this. This is a fairly left leaning
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  political you know, pundit site out there. We love Chank. It's interesting
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  that Polymarket is now sponsoring that. Now. Granted, there's a lot of
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  predictive analysis in poly Market, that being you know, we've talked about here
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  on the show. But here's a little clip from Chink actually talking about this.
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  Take a look. Super last thing is the polls and the markets.
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  Right, So poly Market, you know, there are sponsors, so I
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  keep checking in on with them, but I'm genuinely fascinated by that market.
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  Okay, they had Joebo chance of Joe Biden dropping out at eight percent just
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  like two weeks ago or something, and that's way too low, preposterously low.
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  But hey, it's a prediction market. People are putting their money where
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  their mouth is, and I just thought they were wrong, right, And
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  that's why the markets are interesting. So you have poly Market out there.
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  Continued to drive it home and Chank was talking about it quite a bit.
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  In fact, there's one right there, There was one ad going to get
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  drugs. These are the kind of things that potentially are You guys know a
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  little bit more about Polymarket if you've been watching it. It continues to climb
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  up the charts here. Open interest is still performing at a high level,
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  so most likely this is still becoming one of the most truthful areas of what
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  we've seen out there when it looks at prediction markets overall. So I think
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  death to the polls are coming soon. Other things right here, prediction marketing
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  and community notes are becoming the two flagship social epistemic technologies of twenty twenty.
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  This came in from Metallic and even Elon came in and said, yeah,
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  I think so. I think you're right. And with Elon, does he
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  really understand what he's agreeing to there, because that's an intriguing statement considering that
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  X is kind of the alternative to that. So it's an interesting point.
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  I want to go to another clip real quick. This gets into a little
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  bit more detail around Polymarket being more truthful maybe than Twitter. Take a look.
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  They're right, and it's hard for people to know what is true.
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  You have kind of corporate media narratives, you also have social media narratives,
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  and you know, the ex algorithm doesn't do people any favors, and it
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  often kind of you know, it showcases what's popular rather than what's true.
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  Will Joe Biden drop out? In twenty twenty four? Again, I think
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  is a great example because if you look back then what the media was saying,
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  what most people were saying, and what the odds were like, you
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  know, the average person will look at that, you know, twenty five
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  percent and say, ah, that's that's stupid. The market is irrational,
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  doesn't know, you know, people, it's just crypto bros. But that
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  actually was closer to the truth than what the mainstream was writing. Right,
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  And then you know, fast forward to the debate last week and in real
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  time when Biden was, you know, on air debating the odds will he
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  drop out? Actually so? And you have to think about this what he
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  said there. I think that was important is that Twitter is magnifying what is
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  popular versus what poly market is doing is magnifying what people are willing to put
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  money into. And I think that's the big difference here, you know,
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  and that in its way is really yeah, that is the truth. Because
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  it's easy for you to go out and put a tweet out and saying,
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  hey, you know, Biden's going to drop out of the race, but
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  would you be willing to put money on that? In poly market it does
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  resolve in that way. So it does kind of give you an example right
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  here. This is we're probably going to see quite a bit more activity.
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  But right now we got Trump coming in at sixty one percent right now in
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  terms of the presidential election winner. Biden has come back ahead and rose a
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  little bit here recently. So but still, you know, I've got Harris
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  there. This is weird that we've got Michelle Obama Newsome kind of falling out,
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  but Robert Kennedy, I'm making the way. So all right, So
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  here Elon asking why Metallic left Twitter. So whether you think Elon is on
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  point in terms of understanding blockchain and really what decentralized social media is. It's
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  clear you know that Vitallica is all in on blockchain and we understand that.
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  Let's take a look at Tazla's holdings here. Bigcoin, of course, is
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  their only thing that they've been holding right here. You can see it about
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  six hundred and forty five mili in value, down a little bit in terms
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  of overall, but they have been selling off but leveling out. You know,
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  so is Tesla and Elon really interested in crypto? I think that's still
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  the question mark has been for quite some time. Of course. One of
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  the things you have to kind of consider is Ethereum about to take a move
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  in the next few years to truly have a flipping opportunity right now based on
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  the trajectory, could happen somewhere in January twenty twenty seven at the current rate.
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  Now, we'll see if we see an accelerant further on down here in
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  ultrasound money, you can take a look here on anialized there's Tesla just under
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  Disney, but right now under P and E. Looks like Ethereum is still
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  continuing to be the most profitable company out there, if you want to call
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  them a company entity. All right, So I want to go over a
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  couple other charts. This is going to get into a little bit more on
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  DeFi Lama. Let's take a look at here's Solana for example, Fees and
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  revenue. You can still see they are going up. Fees are going up,
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  revenue also going up. So not bad in the sense that Solana continues
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  to climb in revenue. If you look in compare this over to Ethereum.
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  Of course, fees have been going down, revenue has been holding around four
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  point eight one million right there. So obviously Solana making money off of their
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  cheap transactions. Ethereum obviously securing the network. That's kind of where the value
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  is. And I think those are you know, two different use cases,
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  all right. So if you look at token is stocks, then Tesla is
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  holding at the number three position. Let me kind of zoom in on that.
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  For you take a look at the rural assets on top treasury products.
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  You can see blackrock right there. Let me kind of zoom in on that.
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  That's Biddle, which we've talked about again on Ethereum almost five hundred million
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  right there. So continuing to grow with that, you have to think about
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  other initiatives out there. One of course we've talked about before is Jupiter Market
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  initiative. A lot happening, including stocks coming in on Jupiter. So that's
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  something to be aware of with Tesla. I few, in fact, you
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  believe Tesla is going to be one of your bets. Another thing I want
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  to hit on just remember we talked we actually did a full video on this
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  right here with Avalanche. Another project that was kind of pushing the boundaries of
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  tokenization would agree, and this was Republic. Note we did a full video
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  on this breaking this down. This is something that Blackrock is very very big
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  on and I think this is going to be a potential future here for what
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  we'll see coming in as well on chains like Avalanche, and of course Republic
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  launches their profit sharing. This is a whole thing that was launched on the
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  Avalanche ecosays you guys remember this, You probably remember seeing this site right here
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  with note this is one of the only places that you can get a token
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  is security of guess what SpaceX right there holding it at the three point three
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  x on growth. So just intriguing in the sense that we're going to see
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  a new financial sector start to really come out of this. So the traditional
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  you know s and P five hundred, traditional securities that you're aware of and
• 15:24
  are probably used to it. I think this is something that is a new
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  dynamic that a lot of people are starting to understand where blockchain plays a huge
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  role going forward. And of course obviously the big ones that we talk about
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  are Ethereum playing a huge role in this, and right there aws future is
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  Web three all right, so let's go take a look at the charts real
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  quick. If you can take a quick look at Solana continuing to move up
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  the marks here, I think right now, if you look at compositions and
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  you are trying, if you said, hey, I'm going to start today
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  and I'm going to invest in either Solana, Ethereum, Avalanche or Tech based
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  on Tasla's position, I would probably short that position with Teslak just because of
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  the stellar climb that they've had. Will they be able to succeed through this
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  next phase? Sure, if Elon drops a bomb in August and has done
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  something with you know, a true robotaxi fleet, or it has a robotaxi
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  unit, that could really change things pretty dramatically. Now. At the same
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  time, if you look at where Solana and Ethereum and even Avalanche are to
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  a certain extent, still a better bet, I think if you're looking at
• 16:32
  you know, in that one to five year investment range. And of course
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  right now, Solana ben moving up a little bit on the charts, up
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  around four percent on the day. Avalanche kind of in the same position,
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  also up slightly after bottoming out around twenty one bucks. So that would have
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  been a great buy now, Eth though, I think, is one that
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  continues to move. The thing with ETH though that concerns me a little bit
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  is whether or not we'll see scale in which we'll see on Avalanche or or
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  Solana, And I think that's kind of the bet. If you want to
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  go with something that is just super secure and consistent, then it's probably an
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  eighth play. If you're wanting to go with, you know, something is
• 17:14
  a little bit more innovative and advanced and possibly get you a more X return.
• 17:18
  Maybe it's a Salona or Avalanche play. I don't know, but at
• 17:22
  least that's the way I look at it, all right. So if you're
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  not in the Diamond Circle, get in right now. It's a great place
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  to get additional content. We've launched our communities over there, so those are
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  available to you. If you've signed up the Diamond Circle, you can get
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  into those communities now. When you go into your console and your products,
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  you'll be able to get into any of those, including Mastermind, the MSI
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  members, any of you guys all available there. We're doing a lot more
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  content drops in there as well, so make sure and jump in on the
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  communities. Actually, just launched this week, so make sure and take part
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  of that. Of course, if you're not following me on X, get
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  out there. It's just APT Paul Baron. We'll catch you next time right
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  here on tech Path