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cover of episode Never Change Your Portfolio! Except When…

Never Change Your Portfolio! Except When…

2025/3/26
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TLDR
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This chapter explores Tesla's financial struggles, its volatile stock behavior, and the impact of CEO Elon Musk's political involvement on the company's sales and public perception.
  • Tesla's sales dropped 70% in Canada between December and January.
  • Tesla's stock price has declined by half since its peak in December.
  • Tesla is under investigation for potentially inflated sales figures in Canada.
  • Financial Times investigation found $1.4 billion unaccounted for in Tesla's books.
  • Tesla's profits were significantly impacted by unrealized Bitcoin gains.
  • The company behaves like a 'vibes stock', influenced heavily by public sentiment and media coverage.
  • Tesla's CEO, Elon Musk, being a polarizing figure, affects the company's market performance.

Shownotes Transcript

The market may be turning around, but judging from our inbox, some investors are still feeling shaky. On this week’s TLDR, we ask when, if ever, it’s okay to touch your portfolio, and look at the conventional wisdom around changing your investments as you approach retirement. Plus, we get heated over what Tesla’s falling sales numbers tell us about the state of the company — and what happens when business leaders get mixed up in politics. And, we talk to Vass Bednar, co-author of The Big Fix: How Companies Capture Markets and Harm Canadians), about the demise of Hudson’s Bay Company.

This episode was hosted by Devin Friedman, business reporter Sarah Rieger and former hedgefunder Matthew Karasz, with an appearance by public policy entrepreneur Vass Bednar. Follow us on other platforms, or subscribe to our weekly newsletter: linkin.bio/tldr

The TLDR Podcast is offered by Wealthsimple Media Inc. and is for informational purposes only. The content in the TLDR Podcast is not investment advice, a recommendation to buy or sell assets or securities, and does not represent the views of Wealthsimple Financial Corp or any of its other subsidiaries or affiliates. Wealthsimple Media Inc. does not endorse any third-party views referenced in this content. More information at wealthsimple.com/tldr.