TSLABullpending
Jo BhakdiTarget Price
$360
“we are ready to creep back to 360 pretty quickly, in my opinion, if the market gets back its footing. That is what I think is going to happen”
Thesis at the time
Strongly BullishAfter a brutal sell-off tied to forced liquidations and Fed-day panic, the host says he is going back to a full core Tesla position because he believes the broader market is bottoming and Tesla will ride the recovery. He acknowledges robotaxi deployment will likely be delayed a few months but says that does not change his high conviction on the stock.
Key arguments
- Tesla's drop mirrored the broader market sell-off (Google also fell 7% on earnings) rather than being Tesla-specific
- Amazon and Microsoft blew out earnings, green-lighting the AI/hyperscaler trade which should lift Tesla too
- Tesla doesn't need any company-specific catalyst to recover, just the market regaining footing
- Robotaxi deployment will likely be delayed three to six months versus his original 15,000-by-year-end estimate, making him tactically less bullish short term
Counter-arguments acknowledged
- Tesla is not in the greatest tactical short-term position and could still go lower
- Robotaxi rollout delay dampens near-term bullish case
Hedges and caveats (from the video)
- Acknowledges Tesla could go lower from current levels
- Notes Tesla is underperforming the market currently
- Mentions robotaxi delays and reduced investor optimism on that front
- References recent market volatility and forced selling events
- Admits to being 'creamed' on Micron position
- Maintains only a 'small core position' rather than full allocation
The call
- Date said
- Jul 31, 2026
- Timeframe
- pretty quickly
- Current price (live)
- $378.90✓ target met
- Confidence
- medium
- Specificity
- specific
How it resolved
- Status
- pending
Confidence Reasoning
Strong personal conviction and certainty language ('that is what I think is going to happen', full core position re-entry) offset by a conditional dependency on the broader market recovering.
Source
Why I am LOADING UP On Tesla Stock
Said on Jul 31, 2026Open on YouTube ↗