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hi everyone today we're going to be talking about tesla i thought it was curious that i read that michael berry was going to be shorting tesla stock and then i read another article that said this billionaire said that tesla had the potential to triple in value so who do you believe let's talk about that but before we do let me just issue a quick disclaimer that everything that i say here today is for informational purposes only i'm not dispensing any financial advice you take this information and use it and come to your own conclusions so let's just get right into the video elon musk has consistently been one of the world's best businessmen entrepreneurs and leader in the business area with good reason he's a risk taker he's a winner he uses his companies he takes his companies and he makes them profitable and that's what we like as investors why bet against a guy like that well apparently at least one financial guru decided to be a contrarian and what's this contrarian's name you guessed it michael berry barry came out you remember barry he was featured in that film the big short which was one of my favorite movies and made for his investors quite a bit of money it was 750 million dollars that he made for the firm that he worked for that he founded that he ran and he made a hundred million dollars for himself personally so he's a very wealthy man and he's a very smart man too but not everybody can be right 100 of the time one of my favorite parts of that big short movie was when mark baum was in a conference so he was at this conference and he's raising his hand he wanted to get attention from the presenter the presenter didn't really want to recognize him but he persisted and so the presenter said what's your question mark says do you think there's any chance that the bond market is going to fall and the presenter said well it could but probably not much and mark says wrong a hundred percent wrong the presenter gets to check a lot of it mark gets a call and his cell phone stands up in the middle of the conference says i have to take this call and walks out of the uh the conference it was kind of funny let's juxtapose that movie with elon musk's current situation elon musk's net worth recently shot up to 186 billion now that's a billion with a b not a million a billion so elon musk can afford to lose a few dollars his wealth comes from 20 tesla stock and 48 spacex but no matter how you slice it this guy's a really really really wealthy individual my hope for you my hope for you is that you can share in some of this wolf not necessarily elon musk wealth because it's plenty to go around for everyone i mean just look at the recent stimulus build trillions of dollars and that money gets put into the economy and when it gets put into the economy you and i have a chance to get some of it so and you can get some of that money and i can get some of that money too plenty to go around for everyone let's talk about this billionaire investor that said the tesla stock could triple in the future his name is chamath palihapita yeah it's a mouthful to say but he's a billionaire and he could be named anything in the world and i think it would be great he thinks that tesla could triple in valuation this billionaire characterized tesla in a very interesting broadway which i think is good for the investor if you look at tesla as just a car company maybe you wouldn't see real value this billionaire hit it right on the nose when he said that tesla is in the energy distribution business so tesla harnesses energy stores the energy and uses it to help people be productive and that's what business is all about helping people be productive so tesla is so much more than a care company and that's where tesla's value comes in and that's why it has the potential to at least triple in value as for michael berry he tweeted recently referring to tesla stock that enjoy it while it lasts as a side note barry has since deleted that tweet so i hope you got some value from this video if you did please like it share it and hit that little notification button so you'll be sure to get all my future videos we'll talk again soon thanks for watching
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