
← The 7investing Podcast16. Sept. · 29 Min.
Is Tesla (TSLA) Still A Buy After Rise From $40B Value Stock to $1 Trillion
<p>Simon Erickson and Heather Horton welcome back Steve Symington, managing director of New Columbia Capital and a former 7investing advisor, to revisit Tesla (NASDAQ:TSLA) nearly seven years after Steve first called it an undervalued stock when its market cap was around $40 billion. </p><p><br></p><p>The conversation also touches on SpaceX's record breaking IPO earlier this year and persistent rumors about a potential SpaceX acquisition of Tesla, which Steve puts at roughly a 5% chance.</p><p><br></p><p>Steve and Simon land on a hold or weak buy for Tesla today, while Heather explains why she sold her Tesla shares in 2019 and has stayed on the sidelines since. Stock analysis and valuation breakdown for anyone researching Tesla stock, TSLA stock forecast, Elon Musk stocks, or whether Tesla is still a good stock to buy in 2026.</p><p><br></p><p>🔗 Free 7investing trial: https://7investing.com/subscribe</p><p>Chapters</p><p>0:00 Welcome to 7investing Live</p><p>0:45 Introducing Guest Steve Symington</p><p>0:48 Today's Topic: Revisiting Tesla</p><p>2:17 Steve's 2019 Call: Tesla as a Value Stock</p><p>4:15 What Wasn't Being Priced In Back Then</p><p>6:11 Tesla's Hidden Premium in Tough Industries</p><p>7:17 Tesla's Q2 2026 Numbers: Deliveries and Margins</p><p>9:42 Market Share Holding Up as EV Sales Slow</p><p>11:19 Legacy Business as a Cash Flow Engine</p><p>11:46 Cybercab and the Robotaxi Network Rollout</p><p>14:42 Why Tesla's Stock Price Runs on Narrative</p><p>15:03 Revisiting the 2024 Tesla DCF Valuation Model</p><p>19:32 Is Tesla Still a Buy? Steve's Verdict</p><p>20:39 Could SpaceX Acquire Tesla?</p><p>21:35 Heather's Take: Why She Sold in 2019</p><p>22:59 Looking Back at the 2019 Bankruptcy Fears</p><p>24:50 Simon's Verdict: Hold, Maybe a Weak Buy</p><p>25:43 Final Thoughts from Steve and Heather</p><p>27:25 7investing's Official Conviction Rating on Tesla</p><p>Stocks Mentioned</p><p>Tesla, Inc. (NASDAQ:TSLA) — primary focus of the episode</p><p>SpaceX (NASDAQ:SPCX) — mentioned re: its 2026 IPO and rumored Tesla acquisition interest</p><p>#7investing #SimonErickson #Tesla #TSLA #ElonMusk #SpaceX #Robotaxi #Optimus #StockAnalysis</p>