morgan stanley's adam jonas is bullish while jefferies is taking a more cautious approach.st who wnaddogred the stock about what has got her concerned. that's next. let's check it out. says here it gets plenty of light. and this must be the ocean view? of aruba? huh. this listing is misleading. well, when at&t says we give businesses get our best deal, on the iphone 15 pro made with titanium. we mean it. amazing. all my agents want it. says here...“inviting pool”. come on over! too inviting. only at&t gives businesses our best deals on any iphone. get iphone 15 pro on us. (♪♪) you got this. let's go. gobble gobble. i've seen bigger legs on a turkey! rude. who are you? i'm an investor in a fund that helps advance innovative sports tech like this smart fitness mirror. i'm also mr. leg day...1989! anyone can become an agent of innovation with invesco qqq, a fund that gives you access to nasdaq-100 innovations. i go through a lot of pants. before investing carefully read and consider fund investment objectives, risks, charges, expenses and more in prospectus at invesco.com. >>>

i mean, tesla, obviously, good note by adam jonas about the strength of tesla and what they have. of the parts analysis, which is, you know, i like his work. i think it's just very valuable. >> he argues that stock's going to be valuing a company that relies less on cars over time. >> where i was going was, tesla energy is important. tesla insurance. so, it's not a question of there's a sudden lack of demand, but the supply is just so humongous, and i don't think people understand that we have the capacity to do far more than anybody thought. and then, once exxon completes the field, oh man. >> not just that. u.s. has now overtaken australia and qatar as the number one lng exporter. >> that was never supposed to happen. never, ever supposed to happen. i know there's a couple people who recommended coterra today. that's old capital oil and gas. they've got $2 price per nat gas. you can take it as low as a dollar, and i look at this stuff, and i say to myself, how did this happen? i mean, these places were unassailable. australia, by the way, overbuilt and exported too much, and tha

hertz, by the way, and upgraded hertz, because they got realistic about the rear ending problem >> adamonas says that was the right move, goads to overweight, hertz. >> i thought that was a great call because the cash flow has improved since steve schurr has come on at hertz, but they are a vulnerable, seven-member, and i think we have to stay tuned about who else is and isn't -- microsoft, by the way, just two pieces of love today and a lot of $400 price targets. that is -- that's going to end up being a survivor. three members. >> mag three >> yes, the mag three, three members, it may end up being the three amigos >> i mean, tesla continues to be under some pressure. of course, it's down significantly this year as a result of questions about demand and/or price cuts. we talked yesterday about the european price cuts for the model y. but rivian and lucid, guys -- lucid is down 35%. rivian is down 32% >> is it too early to buy lucid? >> this year this year. >> the bloom is off the proverbial, and the cold weather doesn't help, as carl pointed out. they don't do as well in cold weather a

. >> how about morgan stanley last night, adam jonas on gm?he legacy auto business is short the ev theme. selling fewer evs is good for profit. >> the big worry, if i were gm or ford, is california. what happens in california? it's not working fast enough. you're not going to be able to sell i.c.e. in california after 2030. that's the only thing that's going to stop them. i wonder howing. ford has the best hybrids. ford also had the most problem with evs, and ford has some warranty problems. ford has a lot of cash. as far as i'm concerned, evs are poison. >> meantime, as far as mag seven talk goes, b of a has the theory that money market ragts come down, a wall of money moves into equity income, utilities, real estate, areas that -- you buy it or not? >> what do we do? how about the 300 spartans? mag 85? they're not magnificent if there's 85 of them. there's no pulchritude there, pal. here's what i think the problem with that is that we get very excited about wells and jpmorgan and then someone says, hey, amd is down 25, and they're crushing i

. >> we can mention adam jones today, cuts. >> that's what made we go supersix when i read jonas. for all of his showmanship really made me feel like the evs, it's pause, or is it done? it's either pause or done. we do know -- >> his price target is still 345. >> yeah, but that's -- >> why do you -- challenging year, now our price target is still 120 bucks -- >> look, he's saying that there's still some a.i. in robotics thing going on. but i thought this piece read, this tesla piece, it read like lookout, you're not going to have a great quarter. i had to get rid of it. >> the price cuts coming. weakening of ev incentives. >> you should read this before the show. >> i know. i see you've got it all underlined. what stood out -- >> what are you so grumpy about? >> i don't like it when they're negative and they have a price target that's 60% higher -- >> he's got this piece, it's like -- it's kind of apple not good. >> but does everybody know that? >> wasn't that brilliant? does everyone know how bad apple is. the vision pro was sold out. you had to get it in march the day that they