How much money did Johnson make from selling cars in Q2?

“Ninety-eight of their gross profit in Q2 was from selling cars,” Johnson said in a Schwab Network interview on Monday, “You and others have been saying this is a tech company for the last five years; where is the tech?” The GL Research Analyst: Johnson has a $24 price target set on the stock.

Is Tesla a good stock to buy?

And in terms of market capitalization, Tesla is head and shoulders above the competition as well, even after its 67% stock price drop this year. “Tesla is currently valued at more than the next three largest automakers combined, despite selling just 5% of the cars that those automakers sold in 2021,” Johnson noted.

Who is Tesla's Biggest Bear?

As the head of investment research firm GLJ Research, the Wall Street veteran has developed a reputation as Tesla’s biggest bear over the past few years—and for good reason.Johnson has been offering up pessimistic forecasts on Tesla since 2018, when he was still working as an analyst at the investment bank Vertical Group.