And the cyber truck hasn't even come out yet.

I'm so glad CNBS is still here to hold down the share price for now.

I take a shot every time I hear someone say “competition is coming”’ for Tesla. Now I’m a raging alcoholic.

Quite the contrary to your statement. Tesla isn't gaining despite the so called "competition" from established OEMS and start ups. Tesla is rising BECAUSE of them. The OEMs are yet to produce a car that can match the Model S which is 8 years old now. Not one of them. The start-ups are even worse, how many have a working prototype? Fiskers on his 3rd attempt/failure. Nikola doesn't have a factory or proprietary technology. The bold proclaimations and lack of execution by those "competitors" is why Tesla is rising, in contrast Tesla is doing everything these companies wish they were. Is tesla over valued? By every metric of measurement it is today. But that's not because investors are crazy, it's because there simply isn't a better alternative to invest in.

What's your next plan? Plan #1: "Tesla will go bankrupt!!!" 2020 Madness But only Tesla is doing great during the illness. They are profitable since four consecutive quarters. S&P500 inclusion on the horizon. Giga Shanghai Expansion. Giga Berlin building in record time. Giga Texas building in record time. Meanwhile the "competition" is cutting back costs and workforce's everywhere. Plan #2: "But competition is coming!!!" What competition?! There is Tesla. And the dinosaur automakers. Tesla is years ahead of them. Meanwhile the legacy automakers still have to burn billions for their ICE car production / R&D. Just look at the Model S from 2013. Until today after 7 years there is no equivalent EV from one of those so called competition. Hint, Tesla is much more than a car company.

"The competition is coming from all sides". You've been parroting this for over 13 years. Where's this competition? There's nothing that currently offers equivalent value to a model Y or model 3. Tesla's technology is 3-5 years ahead of the competition. No talented engineer wants to work for GM, Ford, Volkswagen, they want to work for Tesla. Tesla has the talent, the right corporate culture, innovation, and leadership. They're more than a car company.

The competition has been coming for years. Still waiting...

For me, the excitement around Tesla is innovation. If they can build a battery that lasts a long time and is powered by the sun, and be able to use those technologies in its EVs, then I think they are a very valuable company. It's speculation but it's exciting because it feels like they are building our future.

Imagine telling someone from 2019 that Tesla will be traded at $1900 next year

"Remember that competition is coming from all sides," okay, keep telling yourselves that if it helps you sleep at night.

There is NO competition coming for Tesla. Making an EV doesn’t mean that vehicle will compete with a Tesla. “Competition” has been coming for years, and that entire time Tesla had continued to increase its market share in the EV segment.

During pandemic time, air pollution is way down. Go EV.

You imagine how much business they create as a company for companies at Amazon for UPS, couriers and the post office, Tesla, Amazon and apple are all huge inspiration for me and the dream of the company I aim to create.

I invested all of my savings into Tesla around December last year.. Elon Musk is the one guy I am willing to put my money on

I like watching Mackenzie Sigalos.

Oh no she said "the competition are coming" and she thinks Tesla is a car company!

Att: CNBC After Hours. Why not have this segment from Monday - Friday!? MacKenzie Sigalos is crushing it! Aloha :)

I miss the erre news of Tesla bankruptcy,Tesla killer,Tesla bubble,Tesla burning cash,Tesla unprofitable etc.

I bought a share everytime some one told me competision is coming for the past 2 years

As soon as CNBC starts to like the price you know a top is near.

Competition to Tesla? lol. It's like taking an iPhone and stating that a palm computer is competition, because it runs also on batteries and you can make notes on it 😂

I remember when people used to say that “if a company’s stock is going this high in this short period, there’s definitely something wrong. Stay away from that company”

Aha what competition we hear that for 2 decades...

When will CNBC learn? There are no competitions.

Chanos, Spiegel and that other guy all must be having heart attacks about now haha.

remember when in 2020 people thought $1900 was too GOD DAMN HIGH ??

I just bought $20k Tesla stock today. I'm very optimistic. I hope I hit a million dollars asap!

The compitition is coming 😏 yeah yeah, I am still buying a Tesla

ITS NOT JUST A CAR COMPANY!! How long before CNBC realizes, goodness

Proud Tesla owner. What a week! And it's not over yet. Where my Bulls at??!!

1:50 Gotta love how modern news hits you with dry sarcasm 😅😂

I like this show with the lovely Mackenzie ! 😎

Please stop talking about competitors. It’s pathetic. Lol. The OEM’s are, to put it bluntly, f***ed

Actually there is so many short sellers closing their position because of S&P 500 Hahahahahaha

What's the name of the Tesla competitor again? I couldn't pick-up the name.

People that think Tesla is only a car company....

oh god... stop saying that competition is coming. I have been hearing this for past over 5 years. NO ONE WILL HAVE A PRODUCT (mass produced and on the road) UNTIL AT LEAST 2025 which is way too late.

I live here in California I have a lot of friends and family that are invested in Tesla including myself. I talked to a lot of different people we’re not really invested in Tesla we’re invested in Elon musk that’s who were invested in That’s why I think a lot of these other car companies are in trouble they don’t have an Elon musk. What this man has done and will continue to do is Beyond comprehension In my opinion whether you like him or not This is more of a movement

@5:58 Hey Doc, what happens when it hits 88 mph?

3 reasons: Robinhood, Stash, Webull

The guy at 6:00 looks like megamind

2:18 What about battery day?

You only get your stocks split if you had your shares before August 21? What happens to your shares if you buy them after August 21?

GM and Ford are not building nor releasing many electric cars, some prototypes and a few low volume models.

great reporting by Sigalos

After hours is my favorite

Phil is underappreciated.

4:07 the difference between Tesla and other auto makers is that, well Tesla is not an automaker. It is a tech company whose focus EVs at the moment. They still don't have a clue!

I love you Mackenzie ❤️ nobody can touch Tesla Little mishap with the white balance

@ 2:00 :-I follow Tesla closely. I've delved into their business model. The 'competition' propaganda has been FUD-ing for over 5 years now. The companies mentioned are trying to bluff their way through this crisis. Some will go bankrupt trying to pivot, too little, too late. Even as far back as the early 1990's automakers were lobbying states like CA to repeal laws that were forcing them to produce EV's. In CA they succeeded. THEY WANTED THE STATUS QUO. Their gravy train (us consumers) to keep buying old fossil burning model T's. They had their chance! Now they reap what they sowed. Even with S-Trump-et repealing EPA emissions regulations, several legacy automakers STILL got on board to try & trash CA's autonomy on their emissions standards. THEY DON'T CARE ABOUT THE PUBLIC. They just want the status quo. So in summary, there are no 'Tesla Killers'. It's 2015 propaganda FUD messaging still being pushed on the (oblivious) public even today. Do your own verification (not based on news reports).

Tesla want to break world record in its annual rate of stock price rise. Current stock holders are very happy now.

*Beyond my understanding* , Split the share , means your no. of share will increase and price of share will decrease in the same proportion , But it makes Tesla grows 30% + doesn't make any sense to me , people are buying Tesla on any news ,

"I am McKenzie Bezos" Ooops Sorry....."I am McKenzie Sigalos"....😂😂😂😂😂

Canoo CEO looks 👀 like a character from Eugenio Derbez...

Tesla is not a share, it is an emotion

And, it's strange for some people that Warren Buffet is betting on Gold. I read somewhere(probably in WSJ or something) he didn't think of gold as a smart investment. Now, he is betting big.. Let's see what happens here.

Dyadya Buffet is having trouble this year hum!! Air companies, Robinhood traders, and now gold.

Yeeeeeaaah buddy. Lightweight baby

Is Tesla stocks a buy ?

The other car companies will have lots of alternatives for eclectic cars, but it is like Tesla, and just like other companies have lots of different options for cell phones, but there is not like iPhone (Apple) baby! I will be investing in a few stocks of Tesla with I can!

You lost me as soon as you said that "competition is coming" People have been saying that for years now!

Now, let's look at what's going on with Main Street and it's not pretty. Millions unemployed, starving, about to be evicted, hundreds of thousands of small businesses have or about to shutdown permanently, state and local governments running out of revenue, and 45 and Trumpsters balking on a new pandemic relief fund package are all factors of Main Street today. Does Wall Street just ignore this or just don't care? Wall Street will soon earn further contempt for Main Street. Thank you, Mackenzie--great work. Be safe, stay safe.

Every company she mentioned about electric vehicles has produced barely any EVs some even none

Battery Tech of Novonix makes All this possible soon

Lighting looks weird in this video...

Tesla is splitting at the end of the month but looking at shares tomorrow to judge the split. What happens if you buy next week?

562 million for Warren Buffet is our equivalent to what we put in our change jars.

1) Fomo 2) stock split 3) good short & long term outlook

Battery day is why the shares are going up. CNBC is missing the point. Tesla is not just an auto company. It is an energy company that happens to sell the most desired EVs.

Tesla is NOT just a car company anymore.

A P/E of 950. So pay $950 for $1 of Tessa earnings (not profits!) It must be a very special dollar that Tesla earn. No point trying to convince the crowd that it’s a bubble, they’ll need it explaining a different way, the only way that they’ll understand.

I really wish I had invested into Tesla at the start of this pandemic

wow, very cool !

I see tesla and I click....except I didn't realize this was 1 year ago in 2020...not 2021!

Future project : iron man suit. 😎

Best Segment I've seen in quite awhile best part she left the Democrats at the end of the segment lol. Ill pass on the convention fyi. 😆

Phil, Also Tesla has very little debt while Ford and GM have tons plus they have massive legacy pension obligations and union BS to deal with

Competition? Pop quiz, who’s the second best EV maker? Exactly. EV is currently synonymous with Tesla and Legacy automakers are nowhere to be found and the other EV start ups will take a decade to reach Tesla’s current production numbers if they don’t go bankrupt first.

Because some people are high and think a p/e of 1000 makes sense

Traditional OEM's are sort of screwed. They have a broken business model and that cannot be fixed sans bankruptcy and a large reorganization. They just aren't vertically integrated and that is killing them slowly. Their problems: 1) Dealers take a cut. Traditional OEM's cannot sell directly to customers due to their contracts with the dealers. 2) They don't build batteries. They'll have to contract out to a battery firm, where they will take a cut. 3) They are overly dependent on outside suppliers for nearly everything. This makes it extremely hard to shift quickly or to make radical changes to a vehicle as they would be breaking contracts. Example - electric cars require a new type of air conditioner. They will have to break a deal with one supplier and find another. 4) The UAW makes it difficult to make the large structural changes required to change their factories around and repurporse their workers - such as letting many workers go or many factories to close. This is what caused two of the big three to go bust in '08. The UAW stopped them from shuttering factories and product lines. Bankruptcy was their only option. 5) They are about 10 years behind on the technology curve 6) They'll be reliant on an outside producer for self driving which will eat at their margins. 7) Due to their overreliance on outside suppliers they can't change a car's design in total if they think of a better design. An example is Tesla redoing the wiring in the Model Y because they found a more efficient way to connect the components of a vehicle which eliminated miles of excess wiring thus reducing the price of the car and simplifying manufacturing. 8) Traditional OEM's currently cannot produce an electric car at Tesla's prices at a profit. They are years behind in process technology and getting further behind - they are not catching up.

Nikola, Fiskar, and Canoo. Yeah, tell me more... Outside of Canoo I think the rest would end up 6 feet under. It's August 2020 and CNBC still say that Tesla is only car company. Wonder how much longer until "Tesla is actually MORE than a car company, who knew???" is the new headline.

Stonks only goes UP

"Fisker". HAHAHAHA, good joke.

Am a newbie and i dont know much about forex trading, please how can i contact Mr Mark Pattison.

I cant believe that guys name is Kevin Hartz 😅😅

I like the innovation

Cnbc tip, don't put Tesla at the start of your video , if you do no one will watch the rest of the video

The biggest thing I get Pi*** off is Competition comming. Stop 🛑 this BS. There is no competition. The completion is customer service. That what Tesla has to fix. Who has World biggest Casting machine? The thing is Tesla do every thing different and that’s why no other company can compete on price with them. Leave the Software alone.

Good old days

Interesting.

Well, there is competition to Tesla. In Norway 46% of all vehicles sold in 2020 were fully electric. And Tesla was only the 5th in sold cars, 3x less sold than Audi e-tron. Of course, Tesla's are not as available in Europe and more expensive. But still.. There are other cars than tesla

So basically major driver for tesla stock is FOMO...?

starts at @2:26

what if china bans tesla?

Investors should be aware of the run up of stock prices. Be ready for profit taking.

No mention of short squeeze 😂😉??

So why is amazon betting on cities?

I don't like all the "rah-rah" "Tesla can do no wrong" and the electric car business type of frenzy, but on the other hand, if Tesla is pioneering battery power, potentially efficient HVAC systems, etc, then maybe the future is really bright for the company.

Give money to the people and they spend it. Give money to businesses and they buy their own stock. Its not rocket science where the stimulus needs to go.

when Tesla releases their cyber truck the stock is going to blowup