EMJ Capital’s Eric Jackson on Sunday noted that the signal that preceded Tesla Inc.’s (NASDAQ:TSLA) bull run of over 190% over 12 months twice has just fired again.
Why Is Jackson Bullish On Tesla?
Jackson highlighted in his analysis that Tesla CEO Elon Musk’s acknowledgment of competition in the humanoid robotics space as well as the decision to end the production of the company’s flagship vehicles, has sent strong signals about the billionaire CEO’s discipline.
The hedge fund manager pointed to Musk’s comments during Tesla’s fourth-quarter earnings call in January this year, noting that an analysis of the CEO’s statements showed that “every bubble indicator moderated.”
“This is not the language of a CEO at peak euphoria. This is the language of a CEO who sees a constraint and is forced to spend against it,” Jackson said, referring to Musk’s comments about a question regarding Tesla’s $20 billion capital expenditure plans during 2026.
“The vision is still present. Autonomy. Optimus. TerraFab. But for the first time in 15 years, the …
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