Latest / Earn Your Leisure / Cliff Notes: WHAT DOES TESLA'S NEW STOCK SPLIT MEAN FOR INVESTORS?

Transcript

Cliff Notes: WHAT DOES TESLA'S NEW STOCK SPLIT MEAN FOR INVESTORS? · Earn Your Leisure

• 0:00
  Speaker 1: You just realized your business needed to hire someone yesterday.
• 0:04
  Speaker 1: How can you find amazing candidates fast? Easy? Just use Indeed.
• 0:09
  Speaker 1: Stop struggling to get your job posts seen on other
• 0:12
  Speaker 1: job sites. With Indeed sponsored jobs, your post jumps to
• 0:16
  Speaker 1: the top of the page for your relevant candidates, so
• 0:19
  Speaker 1: you can reach the people you want faster. According to
• 0:22
  Speaker 1: Indeed data, sponsored jobs posted directly on Indeed have forty
• 0:26
  Speaker 1: five percent more applications than non sponsored jobs. Don't wait
• 0:30
  Speaker 1: any longer. Speed up your hiring right now with Indeed,
• 0:33
  Speaker 1: and listeners of this show will get a seventy five
• 0:36
  Speaker 1: dollars sponsored job credit to get your jobs more visibility
• 0:39
  Speaker 1: at indeed dot com slash pod Katz thirteen. Just go
• 0:45
  Speaker 1: to Indeed dot com slash pod Katz thirteen right now
• 0:50
  Speaker 1: and support our show by saying you heard about Indeed
• 0:53
  Speaker 1: on this podcast. Terms and conditions apply. Hiring Indeed is
• 0:57
  Speaker 1: all you need.
• 0:58
  Speaker 2: Let's start off with Tesla. Off with Tesla.
• 1:01
  Speaker 3: So, Tesla announced stock split today, which was interesting because
• 1:07
  Speaker 3: they just split their stock fifteen months ago five to one.
• 1:10
  Speaker 3: I believe it was a five to one stock split. Yeah,
• 1:13
  Speaker 3: and since then, Tesla stock has doubled. Now it's at
• 1:18
  Speaker 3: close to eleven hundred dollars right now. It was up
• 1:21
  Speaker 3: eighty four dollars today on news of the stock split happened. Potential, yeah, potentially,
• 1:28
  Speaker 3: but it looks like it's going to happen. Amazon Google
• 1:32
  Speaker 3: just announced their stock split one. So first let's start
• 1:37
  Speaker 3: off with this because this was the talk of the
• 1:38
  Speaker 3: stock market today and my brother Wall Street Trappers shot
• 1:41
  Speaker 3: the trap. He called me today on the FaceTime and
• 1:44
  Speaker 3: he was like, you know, I know y'all got market Monday,
• 1:46
  Speaker 3: and I know it's gonna be a big show, so
• 1:48
  Speaker 3: I just want to make sure y'all talk about, you know,
• 1:51
  Speaker 3: the dividend. He made a post like when they said,
• 1:53
  Speaker 3: like the dividends is not actual dividends, like how you
• 1:55
  Speaker 3: look at how you think about like a regular stock
• 1:56
  Speaker 3: dividen It's gonna be dividends in the form of just
• 1:59
  Speaker 3: more more shares. So he wanted me to say that
• 2:03
  Speaker 3: to the public.
• 2:04
  Speaker 2: Appreciate your trap.
• 2:05
  Speaker 3: Facetimed met and thought that that was something that you know,
• 2:08
  Speaker 3: people needed to know. So, yeah, how do you feel
• 2:11
  Speaker 3: about this test?
• 2:11
  Speaker 2: Tesla stocksplit?
• 2:13
  Speaker 4: I mean, just so if the initial speculation of it,
• 2:15
  Speaker 4: obviously we saw the stock go up so anybody that's
• 2:17
  Speaker 4: been investing in Tesla, you know, like we have, it's
• 2:20
  Speaker 4: just like, all right, great, just be interested to see
• 2:23
  Speaker 4: what the ratio is going to be. I know the
• 2:24
  Speaker 4: last one is five to one. We've seen Google obviously
• 2:26
  Speaker 4: do twenty to one. We see Amazon do something similar,
• 2:28
  Speaker 4: So I'm interested to see what the rate will with
• 2:30
  Speaker 4: the rape ratio is going to be. Also, they have
• 2:33
  Speaker 4: to get the approvals, right, so that's why we said
• 2:35
  Speaker 4: it is proposed, but that approval won't come to the fall,
• 2:38
  Speaker 4: and so we have a few months before we can
• 2:41
  Speaker 4: even decide on whether you know, it's a lot of
• 2:43
  Speaker 4: people like should I get in before the splitter? First
• 2:45
  Speaker 4: we got to get the votes, and that we won't
• 2:46
  Speaker 4: know that into the fall. So, I mean, Tesla is
• 2:49
  Speaker 4: already one of those those stocks that we said we're
• 2:51
  Speaker 4: long term in, and that's that's not going to change.
• 2:54
  Speaker 4: Obviously if it does split, better entry points for people
• 2:57
  Speaker 4: who haven't gotten in, but for us who are already invested.
• 3:00
  Speaker 2: All right, let's have this thing short term roup and
• 3:02
  Speaker 2: see how long. Cango Ian, what's your thoughts on Tesla?
• 3:06
  Speaker 5: Hopefully they'll do a ten and one split, so the
• 3:09
  Speaker 5: stock double of course, it's been picking Red Panda stock
• 3:13
  Speaker 5: Club forever, so for those of you who have held Onto,
• 3:16
  Speaker 5: a great job. But I think they need to do
• 3:17
  Speaker 5: a ten to one, very strategic move by Elon because
• 3:20
  Speaker 5: then I think he can start to push And I
• 3:22
  Speaker 5: told stock Club this earlier. If you do a ten
• 3:25
  Speaker 5: to one split, now you can make the argument that
• 3:27
  Speaker 5: you should be in the Dow and that the value
• 3:30
  Speaker 5: of Tesla for the American stock market and the American
• 3:33
  Speaker 5: economy is central to our growth. It's more valuable than
• 3:36
  Speaker 5: Ford and GM. Now they can push into the Dow thirty.
• 3:40
  Speaker 5: I think it would be a great move for them
• 3:43
  Speaker 5: to do. So I'm hoping for ten to one split.
• 3:46
  Speaker 2: Well they get the votes. It's a little bit of.
• 3:47
  Speaker 5: Gesturing and posturing on Elon's part, but he's campaigning well
• 3:52
  Speaker 5: and I think it will happen in the next year
• 3:53
  Speaker 5: or so.
• 3:54
  Speaker 4: Yeah, the ten to one puts them in a one
• 3:56
  Speaker 4: hundred and thirty something dollars range. And so again, when
• 3:59
  Speaker 4: Josh Brown gave us that gem, and like like most
• 4:02
  Speaker 4: stocks that are in the doubt, they actually trade himtween
• 4:04
  Speaker 4: that range and so obviously turn to one out would
• 4:06
  Speaker 4: get them there.
• 4:07
  Speaker 2: So interesting insight right there.
• 4:09
  Speaker 3: Yeah, that's one of the reasons why stock split is
• 4:12
  Speaker 3: because you know, obviously it makes it more appealing for
• 4:15
  Speaker 3: retail investors. But also we talked about indexes, and you
• 4:19
  Speaker 3: know that helps as far as the institutionals buying, institutions
• 4:22
  Speaker 3: buying them, you know, pensions, hedge funds, different things in
• 4:27
  Speaker 3: that nature. It just gives it more exposure on that
• 4:29
  Speaker 3: once once you get added to that index. So definitely,
• 4:31
  Speaker 3: you know a ten to one, a ten to one
• 4:34
  Speaker 3: split would be very appealing. I think the retail investors
• 4:37
  Speaker 3: that would that would price it a little more than
• 4:38
  Speaker 3: one hundred dollars the ship. So you know, anybody that
• 4:43
  Speaker 3: one hundred dollars for Tesla stock, if you looked at
• 4:46
  Speaker 3: what has done over the last couple of years, you
• 4:47
  Speaker 3: would think that that would be something that's appealing. Another
• 4:50
  Speaker 3: thing I forgot another thing that Trap wanted me to
• 4:51
  Speaker 3: mention is that I think he said that they have Germany.
• 4:54
  Speaker 3: They have a plant in Germany and they're gonna produce
• 4:57
  Speaker 3: a million cars in Germany.
• 4:59
  Speaker 2: So yeah, he want to me to talk about that.
• 5:01
  Speaker 2: Even in the day of the news.
• 5:02
  Speaker 4: Today, they still put a hulk on their factory in
• 5:05
  Speaker 4: Shangka for four days over COVID. But the inverse of
• 5:08
  Speaker 4: that is if right, so we see Amazon doing a twenty.
• 5:13
  Speaker 2: Earners what's up?
• 5:14
  Speaker 4: You ever walk into a small business and everything just
• 5:16
  Speaker 4: works like the checkout is fast, the receipts are digital,
• 5:20
  Speaker 4: tipping is a breeze, and you're out the door before
• 5:23
  Speaker 4: the line even builds odds are they're using Square. We
• 5:27
  Speaker 4: love supporting businesses that run on Square because it just
• 5:30
  Speaker 4: feels seamless. Whether it's a local coffee shop, a vendor
• 5:33
  Speaker 4: at a pop up market, or even one of our
• 5:35
  Speaker 4: merch partners, Square makes it easy for them to take payments,
• 5:39
  Speaker 4: manage inventory, and run their business with confidence, all from
• 5:43
  Speaker 4: one simple system. If you're a business owner or even
• 5:47
  Speaker 4: just thinking about launching something soon, Square is hands down
• 5:50
  Speaker 4: one of the best tools out there to help you start, run,
• 5:53
  Speaker 4: and grow. It's not just about payments, it's about giving
• 5:57
  Speaker 4: you time back so you can focus on what matters.
• 6:00
  Speaker 4: Ready to see how Square can transform your business, visit
• 6:03
  Speaker 4: Square dot com backslash go backslash eyl to learn more
• 6:08
  Speaker 4: that Square dot com backslash, go backslash eyl. Don't wait,
• 6:13
  Speaker 4: don't hesitate, Let Square handle the back end so you
• 6:16
  Speaker 4: can keep pushing your vision forward. This episode is brought
• 6:22
  Speaker 4: to you by P and C Bank. A lot of
• 6:24
  Speaker 4: people think podcasts about work are boring, and sure, they
• 6:28
  Speaker 4: definitely can be, But understanding a professionals routine shows us
• 6:32
  Speaker 4: how they achieve their success little by little, day after day.
• 6:37
  Speaker 4: It's like banking with P and C Bank. It might
• 6:39
  Speaker 4: seem boring to save, plan and make calculated decisions with
• 6:42
  Speaker 4: your bank, but keeping your money boring is what helps
• 6:45
  Speaker 4: you live or more happily fulfilled life. P and C
• 6:48
  Speaker 4: Bank Brilliantly Boring since eighteen sixty five. Brilliantly Boring since
• 6:54
  Speaker 4: eighteen sixty five is a service mark of the PNC
• 6:56
  Speaker 4: Financial Service Group, Inc.
• 6:58
  Speaker 2: P and C Bank Nation Association Member FDIC.
• 7:04
  Speaker 1: You just realized your business needed to hire someone yesterday.
• 7:08
  Speaker 1: How can you find amazing candidates fast? Easy? Just use
• 7:12
  Speaker 1: Indeed stop struggling to get your job posts seen on
• 7:16
  Speaker 1: other job sites. With Indeed sponsored jobs, your post jumps
• 7:20
  Speaker 1: to the top of the page for your relevant candidates,
• 7:22
  Speaker 1: so you can reach the people you want faster. According
• 7:25
  Speaker 1: to Indeed data, sponsored jobs posted directly on Indeed have
• 7:29
  Speaker 1: forty five percent more applications than non sponsored jobs. Don't
• 7:33
  Speaker 1: wait any longer, speed up your hiring right now with Indeed,
• 7:37
  Speaker 1: and listeners of this show will get a seventy five
• 7:39
  Speaker 1: dollars sponsored job credit to get your jobs more visibility
• 7:43
  Speaker 1: at indeed dot com slash pod Katz thirteen. Just go
• 7:49
  Speaker 1: to Indeed dot com slash pod Katz thirteen right now
• 7:54
  Speaker 1: and support our show by saying you heard about Indeed
• 7:56
  Speaker 1: on this podcast. Terms and conditions apply. Hiring Indeed is
• 8:01
  Speaker 1: all You need one.
• 8:02
  Speaker 4: Split which will bring them down. They could potentially be
• 8:04
  Speaker 4: added to the Dow. You have Google which could potentially
• 8:07
  Speaker 4: be added or not Google tested that potentially be added.
• 8:10
  Speaker 4: When they get added, they're going to be two companies
• 8:12
  Speaker 4: that have to be removed. And so if people are
• 8:14
  Speaker 4: looking as a hag le trying to find us a
• 8:16
  Speaker 4: place to put, we should be looking at the companies
• 8:18
  Speaker 4: in the Dow that aren't performing at the best right
• 8:20
  Speaker 4: now right because if those two are coming, we know
• 8:22
  Speaker 4: two got to leave.
• 8:24
  Speaker 5: Do that homework right now, so everyone and please put
• 8:27
  Speaker 5: the two companies that probably will get replaced. If Tesla
• 8:31
  Speaker 5: and Amazon going, it's always a game of who is
• 8:35
  Speaker 5: the better player in that space, and can you get
• 8:38
  Speaker 5: disrupted and moved out for a better company.
• 8:43
  Speaker 2: Yeah.
• 8:43
  Speaker 4: Yeah, So I mean those whoever, I mean, there's the
• 8:45
  Speaker 4: companies now probably know who they are right like, they're
• 8:47
  Speaker 4: watching like them they do this ten to one. We
• 8:50
  Speaker 4: know well on our way out, and so that's that's
• 8:52
  Speaker 4: the interesting side of it as well.
• 8:53
  Speaker 3: Yeah, and it's a way to kind of fight against
• 8:57
  Speaker 3: a major stock drop. Also because it's like a thousand
• 9:00
  Speaker 3: is kind of lofty. It might not be worth that.
• 9:02
  Speaker 3: It could easily drop to you know, five hundred, that's
• 9:04
  Speaker 3: fifty percent drop, but tend of one starts goes to
• 9:07
  Speaker 3: one hundred dollars. Psychologically, that's that's way more reasonable than
• 9:11
  Speaker 3: one thousand dollars. I will say this, Tesla is not
• 9:14
  Speaker 3: Amazon or Google. Just keep that in mind. I do
• 9:17
  Speaker 3: believe in Tesla. I think that they're a very important
• 9:19
  Speaker 3: company than one of the most important companies in the world.
• 9:21
  Speaker 3: But there's a big difference between Tesla and Amazon and Google.
• 9:24
  Speaker 2: There's a big difference.
• 9:25
  Speaker 3: So just don't don't think that they're all the same
• 9:28
  Speaker 3: because they have they have you know, high stock prices
• 9:32
  Speaker 3: right now and they might potentially split. Be careful with
• 9:37
  Speaker 3: Tesla because it's still a very volatile stock and.
• 9:42
  Speaker 2: It's not. It's not Google and it's not I.
• 9:45
  Speaker 4: Don't know how ye different can make it very simple
• 9:47
  Speaker 4: like they're not those two.
• 9:48
  Speaker 2: Yeah.
• 9:50
  Speaker 5: Yeah, I want to tell you guys, for those of
• 9:51
  Speaker 5: you that are still holding Tesla through your target, I
• 9:55
  Speaker 5: did update. Thirteen forty seven is the area that you, guys,
• 10:00
  Speaker 5: if you're the in it now can look. If you're
• 10:01
  Speaker 5: on a trade top can look to get out. I'll
• 10:03
  Speaker 5: put the price in the stock club early as well
• 10:07
  Speaker 5: with everyone. Thirteen forty seven twenty eight is the area
• 10:09
  Speaker 5: where you can look to it if you have a
• 10:11
  Speaker 5: trade there.
• 10:14
  Speaker 2: All right, Keith, let's let's get into this conversation to
• 10:17
  Speaker 2: what we're talking about.
• 10:18
  Speaker 6: Fellas I'm hearing they bit Tesla talk. Man, Listen, I
• 10:23
  Speaker 6: could just say this, I like the way my portfolio
• 10:25
  Speaker 6: looking today. Yeah, I can't say that about every other day,
• 10:28
  Speaker 6: You understand me, But I can't say. You know, first
• 10:32
  Speaker 6: of all, thanks for having me on Man's legendary Platfue
• 10:35
  Speaker 6: legends and.
• 10:36
  Speaker 2: Welcome to the Welcome to the hip Factory.
• 10:38
  Speaker 6: Yeah yeah, what I wanted to talk about, man number one.
• 10:42
  Speaker 6: I know y'all covered a little bit about you know,
• 10:45
  Speaker 6: the BA y C boys understand me. But I think
• 10:49
  Speaker 6: it's important because they're creating a case study for being
• 10:53
  Speaker 6: leaders in the space. You know, and anytime you have
• 10:55
  Speaker 6: leaders in the space, they influence everything that comes after them.
• 10:58
  Speaker 2: You understand me. And you know what we did last year.
• 11:01
  Speaker 6: We had a lot of predictions on this show, a
• 11:03
  Speaker 6: lot of education, and I was just about to say
• 11:06
  Speaker 6: one hundred and nineteen percent of everything that we said
• 11:08
  Speaker 6: came true.
• 11:09
  Speaker 2: Understand me.
• 11:10
  Speaker 5: I'm just scooted a little bit closer to the mike
• 11:13
  Speaker 5: to people saying the things. They set up your.
• 11:14
  Speaker 2: Voices a little low.
• 11:15
  Speaker 6: Yeah, So you know, now we at this place where
• 11:20
  Speaker 6: you know, this board at y'all club, it was six
• 11:23
  Speaker 6: people that came together. Before they came together, they didn't
• 11:25
  Speaker 6: even have a million dollars.
• 11:26
  Speaker 2: You understand me.
• 11:26
  Speaker 6: From what I hear.
• 11:27
  Speaker 2: You understand me.
• 11:28
  Speaker 6: There wasn't on the radar, They wasn't influencers, they didn't
• 11:31
  Speaker 6: have large platforms. What they did was take advantage of
• 11:33
  Speaker 6: a space that they know was coming. They took advantage
• 11:35
  Speaker 6: of the hype around it, the influence everything that was happening,
• 11:39
  Speaker 6: and they decided to execute One of my chief sayings
• 11:42
  Speaker 6: is interact with opportunity. Don't react to success right now.
• 11:46
  Speaker 6: We are reacting to the success right and because of
• 11:50
  Speaker 6: their success now they did became they get to become
• 11:53
  Speaker 6: leaders of the movement.
• 11:56
  Speaker 3: My graduates from my school being forced.
• 12:00
  Speaker 2: Drop bag, drop Mike, drop back, drop drop.
• 12:15
  Speaker 7: With Robinhood, not only can you trade individual stocks and ETFs,
• 12:19
  Speaker 7: you can also seamlessly buy and sell crypto at low costs.
• 12:23
  Speaker 7: Trade all in one place. Get started now on robin
• 12:26
  Speaker 7: Hood Trading Crypto invalved significant risk Crypto trading is offer
• 12:29
  Speaker 7: thro an account with a robin Hood Crypto LC. Robin
• 12:31
  Speaker 7: Hood Crypto is licensed to engage in virtual currency business
• 12:33
  Speaker 7: activity by the New York State Department of Financial Services.
• 12:35
  Speaker 7: Crypto held through robin Hood Kryptos not FDC insured or
• 12:37
  Speaker 7: SIPC protected. Investing involves risk, including loss of principle securities.
• 12:41
  Speaker 7: Trading is offered through an account with robin Hood Financial
• 12:43
  Speaker 7: LLC member SIPC, a registered broker dealer