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Parmar: ‘Guaranteed Way to Lose Money’ is Bet Against Musk; Bitcoin to $1M?
Manage episode 482792812 series 3645668
“We only invest in the best and the brightest” in the U.S., says Justus Parmar. He touts Tesla (TSLA), which is up over 100% over the last year and heading upwards since its last earnings report. “One of the guaranteed ways to lose money in the long term is to bet against Elon Musk,” Justus argues. Even though they’re losing market share to BYD, he expects self-driving and robotics to come within the next year. He’s also bullish on bitcoin, saying it could go to “a million dollars” over the long term.
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4599 episodes
Manage episode 482792812 series 3645668
“We only invest in the best and the brightest” in the U.S., says Justus Parmar. He touts Tesla (TSLA), which is up over 100% over the last year and heading upwards since its last earnings report. “One of the guaranteed ways to lose money in the long term is to bet against Elon Musk,” Justus argues. Even though they’re losing market share to BYD, he expects self-driving and robotics to come within the next year. He’s also bullish on bitcoin, saying it could go to “a million dollars” over the long term.
======== Schwab Network ========
Empowering every investor and trader, every market day.
Options involve risks and are not suitable for all investors. Before trading, read the Options Disclosure Document. http://bit.ly/2v9tH6D
Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe
Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185
Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7
Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watch
Watch on Vizio - https://www.vizio.com/en/watchfreeplus-explore
Watch on DistroTV - https://www.distro.tv/live/schwab-network/
Follow us on X – https://twitter.com/schwabnetwork
Follow us on Facebook – https://www.facebook.com/schwabnetwork
Follow us on LinkedIn - https://www.linkedin.com/company/schwab-network/
About Schwab Network - https://schwabnetwork.com/about
4599 episodes
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