You know our Tesla (Nasdaq: TSLA) predictions:
- TSLA $2,000/share by end of 2022.
- Tesla $10 trillion market cap in three to four years.
And I know it might be hard to look at TSLA’s recent price action and stay Strong Hands.
But please do! There is so much growth ahead.
And I want you to look back and say, “Woah, I’m glad I listened to those Bold Profits people and stayed in because my gains are INCREDIBLE!”
And today, we have three reasons for you to be #BOP (bullish, optimistic, POSITIVE) on Tesla in 2022:
Amber Lancaster: Hello, Bold Profits Nation. Welcome to Market Talk Monday on the Paul Mampilly YouTube channel — the channel for main street stock investing — that you can like, subscribe and share with your friends and family. I am Amber Lancaster.
Thank you so much for joining us today. This is a holiday week with Christmas fast approaching. I want to begin that lately we have been receiving a lot of Tesla questions. Folks are wondering what’s going on with its stock price. They are asking if they should wait until Elon finishes selling before they buy more shares.
As seen in this Bloomberg headline
Elon Musk is in the home stretch of his Tesla share sales. To help answer these questions, Ian Dyer — Senior Investment Analyst and editor of Crypto Flash Trader and two elite trading services is here to offer three reasons to remain bullish on Tesla in 2022.
With that, hello Ian. Thank you for joining me today.
Ian Dyer: Hey Amber. Thanks, as always, for having me.
Does Ian Think You Should Remain Bullish On Tesla?
Amber: So good to see you. Over the past couple of weeks we have been receiving quite a few questions on Tesla, especially from our Profits Unlimited members. As an example, we received this comment from Eva P., a wonderful Profits Unlimited member and Twitter follower.
She wrote,
“Hi Amber. There is a lot of negative stories recently regarding Tesla. The stock has taken a beating lately! I’m staying in but it seems relentless.”
Ian, if you can offer some sort of a pep talk that can give us a couple reasons why we should remain bullish on Tesla in 2022, we would be most grateful.
Ian: Despite their stock price, as is the case with a lot of growth stocks right now, there are still a lot of reasons to be bullish on Tesla. The first big one that I see coming in 2022 is the fact they are going to be shifting a lot of their battery production in house.
They have already started this process and it’s going to be one of the main goals for their Texas factory. With all the shortages of commodities and semiconductors they have been only able to fulfill part of their demand.
We saw this with their Powerwalls and, in spite of that, they still delivered 50,000 in the past six months and crossed the 250,000 Powerwall threshold, which was a big milestone for them. Of course when they are able to make all their own batteries it is going to be bullish, not only for their solar business, but their auto business as well.
The first one would be they are shifting battery production in house. The second one is their self-driving software car software. They have been making big strides this year with that. They have grown their beta test group from 1,000 to more than 10,000 in the past 10 months.
When you have more drivers, the software can get more data. That’s growing exponentially too. It’s easy to scale software. You just have to do timely updates and update all the cars at the same time. With that, they will be able to broaden that out and have self-driving fleets of delivery vehicles and all kinds of other service vehicles too, which I think is going to be a big part of their business.
Those are the first two things. The third is crypto. They have bought Bitcoin (BTC) as we know. Elon is a big fan of Dogecoin (DOGE), so they started accepting DOGE as payment again. I think next year there is a good chance they will buy more BTC and probably start accepting BTC as payments again.
I would say to keep your head up. There are plenty of bullish things going on with Tesla. Their stock price is a little down, but I think next year will be a big rebound year.
Amber: I love what you just said, “Keep your head up.” That’s right. We’re going to remain bullish, optimistic, positive on Tesla. Thank you for sharing those three optimistic and forward-looking information we can look forward to in 2022. Thank you for joining us today. I appreciate it.
Ian: Not a problem. Thanks again for having me.
Amber: You’re welcome. Merry Christmas and Happy New Year to you and your family.
Ian: Merry Christmas to you, as well as our subscribers. Happy New Year!
An Insight On What Is Happening With Tesla
Amber: So you in 2022. Take care. Thank you again to Ian for joining us today and sharing his Tesla insights. I think they are spot on. To put a cap on today’s talk, there is so much happening with Tesla as a company around the globe.
For example, in Australia, renewable and storage developer Genex just struck a world-first revenue deal with Tesla for its big battery project in Queensland which will feature Tesla Megapacks and Tesla’s Autobidder technology. Genex states,
“This unique integration of Tesla Megapack and revenue support arrangements via Autobidder for the Bouldercombe battery project reduces the project’s complexity by effectively streamlining the development, construction and operation phases at the Bouldercombe battery project.”
If you aren’t aware, Paul and Ian have placed a Tesla price target of $2,000 per share by the end of 2022 and a $10 trillion market cap for the company in the next three to four years. From Megapacks to Powerwalls to electric vehicles, Tesla continues to be game-changing technology.
Paul is all in on Tesla and other Fourth Industrial Revolution battery and new energy companies. To get his latest stock pick on these future-forward companies, click the strong hands icon over my shoulder to get all the details.
Lastly, I want to end this last Market Talk video for 2021 by giving a shout out to all the Banyan Hill folks who make this video possible each and every week. A big thank you to Ryan Callahan, our video production specialist who puts this video and all the Bold Profits services videos together each week.
I did a quick calculation and I counted that Ryan has produced about 344 videos in 2021 for the Bold Profits team alone. And we have Nick Tate, our senior editorial manager, and his team who help organize the structure for Market Talk. Jaclyn Frakes is our senior content strategist and managing editor who is amazing.
Nicole Hernandez is our senior social media manager. Her fantastic team makes us be out there on Twitter, YouTube, etc. And, of course, all the Bold Profits team investment members who join me every month on Market Talk. We have Paul, Ian, Patrick and Dan.
Thank you very much guys. The greatest honor for Paul and our team is to serve you. We are forever grateful for your support and commitment to Bold Profits. Without you and your family we would have no Strong Hands Nation, no purpose and no mission.
Thank you. A Merry Christmas and Happy New Year from all of us to all of you. Stay #BOP. We’ll look forward to seeing you in 2022. All the best. Take care.
Regards,
Paul Mampilly
Editor, Profits Unlimited
Trade Alert Coming Tomorrow — Will You Get It? It’s no secret. We are #BOP! If you can endure through this volatility, you’ll be popping the champagne this time next year! Paul says, “This is the turning point we’ve been waiting for … in the past this has been an indication that a stock is positioned to rip even higher.” And he’s issuing a big buy alert tomorrow. But you have to be IN, if you want to receive this trade. Click here for the details.
