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2021-12-16

Still, he maintained $2,500 lol contradicting

Musk stock sales are smart because EVs unlikely to stay hot investment in 2022 - Loup Ventures' Gene Munster

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Since fund managers are pegged to annual performance, they tend to&nbsp; \"hit that reset bar\" once the calendar turns, he said.</p>\n<p>On the EV space in general, Munster predicted further upside for TSLA, even acknowledging the likelihood that the sector will see less enthusiasm in 2022.</p>\n<p>He maintained his $2,500 price target for Musk's EV maker.</p>\n<p>However, Munster took a more cautious view of other players in the space. Specifically, he characterized the high valuation for Rivian(NASDAQ:RIVN)as \"a head scratcher.\"</p>\n<p>TSLA rallied to an all-time peak of $1,243.49 in early November, briefly joining the $1T market cap club in the process. However, in part weighed down by Musk's stock sales, shares have drifted off their highs in recent weeks.</p>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Musk stock sales are smart because EVs unlikely to stay hot investment in 2022 - Loup Ventures' Gene Munster</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMusk stock sales are smart because EVs unlikely to stay hot investment in 2022 - Loup Ventures' Gene Munster\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-16 11:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3780376-musk-stock-sales-are-smart-because-evs-unlikely-to-stay-hot-investment-in-2022-loup-ventures-gene-munster><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Loup Ventures analyst Gene Munster said Wednesday that the timing of Elon Musk's sale of Tesla(NASDAQ:TSLA)stock was \"quite judicious\" because electric vehicles were unlikely to show the same investor...</p>\n\n<a href=\"https://seekingalpha.com/news/3780376-musk-stock-sales-are-smart-because-evs-unlikely-to-stay-hot-investment-in-2022-loup-ventures-gene-munster\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://seekingalpha.com/news/3780376-musk-stock-sales-are-smart-because-evs-unlikely-to-stay-hot-investment-in-2022-loup-ventures-gene-munster","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1194189169","content_text":"Loup Ventures analyst Gene Munster said Wednesday that the timing of Elon Musk's sale of Tesla(NASDAQ:TSLA)stock was \"quite judicious\" because electric vehicles were unlikely to show the same investor appeal in 2022 as they did in 2021.\nSpeaking to CNBC, the Loup Ventures managing partner explained that investing themes rarely carry over from one year to the next, meaning that the spectacular performance TSLA and other EVs showed in 2021 was unlikely to repeat next year.\n\"It is rare that a theme that goes vertical in Year One goes vertical in a subsequent year,\" he said. \"When I think of investing themes for 2022, I think it is unlikely that EV space has the same vertical move.\"\nShares of Tesla (TSLA) have come under pressure lately as Musk has been forced to make a series of large stock sales in order to pay taxes.\nMunster noted that the dynamics of institutional investing made it difficult for investing themes to carry over from one year to the next. Since fund managers are pegged to annual performance, they tend to  \"hit that reset bar\" once the calendar turns, he said.\nOn the EV space in general, Munster predicted further upside for TSLA, even acknowledging the likelihood that the sector will see less enthusiasm in 2022.\nHe maintained his $2,500 price target for Musk's EV maker.\nHowever, Munster took a more cautious view of other players in the space. Specifically, he characterized the high valuation for Rivian(NASDAQ:RIVN)as \"a head scratcher.\"\nTSLA rallied to an all-time peak of $1,243.49 in early November, briefly joining the $1T market cap club in the process. However, in part weighed down by Musk's stock sales, shares have drifted off their highs in recent weeks.","news_type":1},"isVote":1,"tweetType":1,"viewCount":820,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"CN","currentLanguage":"CN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":40,"xxTargetLangEnum":"ZH_CN"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/690316575"}