He praises ASML's strategic position and rising order book, but at ~54x earnings his middle-case value of $940 versus the $1670 price implies only a 2.6% annualized return, which fails to excite him.
The host views Tesla's earnings report as broadly bullish, with margin, EPS, and revenue beats plus strong FSD subscription growth.
His 2030 model with 5 million vehicles and 20-25% operating margins yields a price target around $740 to $854, which he finds exciting.