Latest / Chip Stock Investor Podcast
Episode 54: Are Hopes For An End-of-Year Stock Rally Now Gone? Tesla (TSLA), Lam (LRCX), and Taiwan Semi (TSM)
In this video, we discuss the latest earnings reports from Tesla (TSLA), Lam Research (LRCX), and Taiwan Semi (TSM), and what they mean for a possible end-of-year stock rally. Tesla's Q3 2023 earnings weren’t great, with revenue and deliveries below expectations. The EV price war is hurting, and even Elon Musk said Cybertruck production is going to hurt. However, the company is still on track to produce 1.8 million vehicles in 2023, and is making progress on its 4680 battery cell production and new factories in Berlin and Texas. Did Tesla really “dig its own grave” as Musk quipped? Lam…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.