TSLA bullish call by Curious Pejjy

TSLABullunverifiable

“I'm sitting here and I'm just like people are selling the stock and being, you know, pessimistic at the wrong time.”

Thesis at the time

Bullish

The hosts argue that Tesla is undervalued at current levels, citing rising institutional ownership, surging FSD-driven demand, and an anticipated merger with SpaceX that could benefit Tesla shareholders economically. They believe retail investors are capitulating at the wrong time just as fundamentals and corporate structure changes are turning favorable.

Key arguments

Institutions now hold roughly 53% of Tesla stock while retail ownership has fallen to the low 20s%, which the hosts view as a bullish signal being missed by panicking retail investors.
Full self-driving quality has improved dramatically, driving strong demand and sold-out inventory in some regions.
A Tesla-SpaceX merger is seen as imminent and could give Tesla shareholders more SpaceX shares now than if they wait, making current Tesla ownership advantageous.
Robotaxi expansion continues across 22+ states despite delays, suggesting Tesla is not intentionally suppressing progress.

Counter-arguments acknowledged

Tesla stock has significantly underperformed peers like Micron and Nvidia in relative gains.
Robotaxi rollout has faced practical delays such as pickup/drop-off issues.
Uncertainty remains around Tesla China's role and potential regulatory complications from the merger.

Hedges and caveats (from the video)

Merger announcement timing is speculative and based on 'breadcrumb' analysis rather than confirmed information
Host acknowledges uncertainty with 'worst case scenario' question about timing
Discussion relies on interpretation of indirect signals (WSJ article about Giga Shanghai, Elon's non-denial statements)
Hosts express 'merger fatigue' and frustration with repeated delays and lack of confirmation
No official confirmation from Tesla, SpaceX, or Elon Musk provided in transcript
Prediction window has shifted multiple times (February mentioned as earlier prediction, now expecting announcement by end of month)