Why this Tesla investor thinks the stock could hit $10,000

Tesla is having a tough summer. The EV leader is fresh off a challenged second quarter amid slowing demand for plug-in autos and greater price competition from the Big 3 automakers. The company also delayed the unveiling of its robotaxi vision to October. As a result of these concerns, Tesla shares have dropped 16% in the past month. Injecting further volatility into the name: Elon Musk’s vocal support for former president Donald Trump in his latest attempt to secure the White House. Yahoo Finance Executive Editor Brian Sozzi chats with Tesla expert and investor Alexandra Merz. Merz—who goes by @TeslaBoomerMama on X—is known for her in-depth posts on the fundamentals of Tesla. She is also viewed as a go-to ringleader for fellow Tesla retail investors, and puts forth thought-provoking ideas on how Elon Musk could further leverage his AI kingdom. Yahoo Finance's Opening Bid, brings you a high-octane take on the freshest analyst calls, wildest stock moves and shrewdest commentary in the business world. Executive Editor Brian Sozzi puts Wall Street's finest through their paces in this essential conversation for every investor - before the stock market opens. Find this episode's transcripts and more episodes of Opening Bid at https://finance.yahoo.com/videos/series/opening-bid/. Thoughts? Questions? Fan mail? Email us at [email protected]. 00:00-Alexandra Merz joins Opening Bid 01:00-Market watch: tech stocks down 06:00-Merz on Tesla: "vision to action" 08:00-Robotaxis 15:00-Stocks go up and down, but the technology has to continue to grow 20:00-What happens to Tesla after Elon Musk? Yahoo Finance's Opening Bid is hosted by Brian Sozzi, and produced by Alexander Frangeskides and Rachael Lewis-Krisky. Alexandra Merz—a self-described Elon fangirl—is the Founder & CEO of L&F Investor Services. Learn more about your ad choices. Visit megaphone.fm/adchoices