TSLABullpending
Brighter with HerbertTarget Range
$370–$380
“it just strengthens my 370 to 380 target super short-term target next three weeks uh position and that's why I'm doubling down a little bit right now.”
Thesis at the time
Strongly BullishJoe Bhakdi argues Tesla's stock is set for a sharp rebound as the Cybercab robotaxi launch, aggressive production ramp, and continued institutional buying (even as retail capitulates near 12-month lows) signal an imminent re-rating back toward all-time highs. He frames the current retail sell-off and low volume as a classic capitulation bottom rather than a reason for concern.
Key arguments
- Institutions are buying aggressively while retail ownership has fallen to 15.8%, which he views as a contrarian bullish signal near 12-month lows.
- Tesla is rapidly ramping Cybercab production (potentially 2,000+ units per month by September) and building out robotaxi charging infrastructure, including new wireless charging stalls in Austin.
- He believes stock prices are a function of mass psychology, and that capitulation bottoms are typically followed by sharp reversals once sentiment shifts.
- FSD progress is compared to predictable AI/compute scaling rather than an uncertain science project like fusion, giving him confidence in the trajectory of the robotaxi ramp.
Counter-arguments acknowledged
- Acknowledges the robotaxi rollout will remain slow and cautious, with possibly only a few hundred to a few thousand cars deployed by year end.
- Notes wireless charging has been delayed for nearly a year and may continue to be delayed.
Hedges and caveats (from the video)
- Launch and rollout of new products will likely be very painfully slow
- July was brutal for momentum stocks broadly, not just Tesla
- Retail investors have been moving away from single stocks into ETFs
- Guest acknowledges previous bearish call and timing risks in earnings periods
The call
- Date said
- Aug 19, 2026
- Timeframe
- next three weeks
- Deadline
- Sep 9, 2026
- Current price (live)
- $378.90✓ target met
- Confidence
- high
- Specificity
- specific
How it resolved
- Status
- pending
Confidence Reasoning
Speaker describes this as a top 2% certainty period and says he is actively doubling down with structured options trades, indicating high conviction despite acknowledging markets are probabilistic.
Source
Retail Gave Up On Tesla, Institutions Didn’t! Here’s Why!
Said on Aug 19, 2026Open on YouTube ↗