Ausbiz – Chocolate up, Tesla down
In this week’s episode of Ausbiz, I share insights into Tesla’s (NASDAQ;TSLA) current challenges, noting the significant gap between vehicle production and sales despite expectations from innovations in AI and battery storage. This discrepancy raises questions about Tesla’s valuation and its similarities to traditional car manufacturers. I also discuss Tesla’s strategy to enhance software revenue and self-driving capabilities, questioning their effectiveness against the backdrop of sales challenges and global hesitancy towards autonomous vehicles. I also delve into the recent surge in cocoa prices due to supply disruptions and high demand around Easter, suggesting an investment strategy that leverages the post-Easter discounted chocolate eggs for potential profit by transforming them into more marketable chocolate products. Watch the full interview here: Ausbiz – Chocolate up, Tesla down
Roger Montgomery is the Founder and Chairman of Montgomery Investment Management. Roger has over three decades of experience in funds management and related activities, including equities analysis, equity and derivatives strategy, trading and stockbroking. Prior to establishing Montgomery, Roger held positions at Ord Minnett Jardine Fleming, BT (Australia) Limited and Merrill Lynch.
This post was contributed by a representative of Montgomery Investment Management Pty Limited (AFSL No. 354564). The principal purpose of this post is to provide factual information and not provide financial product advice. Additionally, the information provided is not intended to provide any recommendation or opinion about any financial product. Any commentary and statements of opinion however may contain general advice only that is prepared without taking into account your personal objectives, financial circumstances or needs. Because of this, before acting on any of the information provided, you should always consider its appropriateness in light of your personal objectives, financial circumstances and needs and should consider seeking independent advice from a financial advisor if necessary before making any decisions. This post specifically excludes personal advice.
