Elon’s “Project X” Stocks (Tim Bohen) – “Elon’s Endgame 2024”

Veteran stock trader Tim Bohen who predicted a massive run for Tesla before shares went from $37 to $402, is out with another big call.

He's going to reveal how Tesla will revolutionize a $23 trillion market and five “Project X” Stocks that are going to be the biggest winners.

 

The Teaser

Tim says, unlike his last call, this isn’t a prediction. As “Project X” is already happening now.

On the Stocks To Trade website, Tim's bio says he's everyone's favorite “trading dad” with a knack for day trading small caps. We have reviewed quite a few Elon Musk-related teasers in the past, including Teeka Tiwari's AI Stock (How to Profit from Elon Musk's New AI Venture) and Elon Musk's “Project Omega” Picks by Eric Fry. That's a LOT of Elon.

The proof that Project X is happening lies in three groundbreaking patents and Tim is about to connect the dots between them and Tesla's transformation.

To start, we're assured that this has nothing to do with SpaceX, Twitter, or even Elon’s since-doomed Hyperloop project. What Elon is pivoting Tesla towards is a market that’s 1,000x bigger.

Based on Tim's research, this move could end up saving Americans $2,000 worth of extra money a year, every year going forward, and says Elon’s pivot is already having a massive impact on towns and cities across the world.

It’s why he wouldn’t be surprised to see shares of Tesla hit $667 soon.

That's over 200% upside from today's price.

Not Just A Car Company

The comparison that's used for Tesla's lucrative pivot is Amazon back in 1997.

Back then, Amazon had a mere $16 million in book sales, while Barnes and Noble was a behemoth with $2 billion.

As we all know, Amazon pivoted from books to being the online store for everything and as a result, its stock soared nearly 20,000% over the past 25 years. Meanwhile, Barnes and Noble crashed and burned.

Tesla is about to make a similar pivot and what it's pivoting to is hiding in plain sight. The second link in the header on Tesla's homepage reads “Energy.”

Elon is pivoting Tesla to revolutionize the $23 trillion energy market.

However, just buying Tesla shares would be missing the most lucrative part of this opportunity. Because 5 tiny “silent partner” companies will go vertical on Tesla’s big move.

 

The Pitch

You know the drill by now, Tim has put together a special report with the names of all five stocks that he's telling us to buy. It's called 5 Tiny Stocks To Play Elon’s Massive Energy Revolution.

The report is ours if we subscribe to the growing stock trading community called Stocks To Trade. It costs a reasonable $49 to join and includes a bunch of bonuses, including three small-cap stock recommendations, live trading breakdown sessions from Tim, three times a week morning live streams, access to a stock watchlist, and more.

 

What in the World is Project X?

The major catalyst for Tim's prediction is last year's Tesla Battery Day.

That’s when Elon revealed what was behind the three breakthrough patents mentioned at the beginning of the presentation.

To sum it up, the patents are all about new chemistry for better, longer-lasting, and cheaper batteries.

This is what Project X is all about…building the ultimate battery and it's being done in three phases all at once.

Phase 1

The first phase is the patents, as they underpin a battery that will cost less than $100 per kilowatt hour.

Why is this figure so important?

At this price, electric cars and gas cars would cost the same.

Elon has already talked about lowering battery cell costs down to $60 per kilowatt hour, which would give his EVs a competitive advantage if such batteries can be cheaply mass-produced.

Phase 2

The second phase is building a utility-scale battery.

This is already underway, as Tesla has been contracted to build a massive energy storage project right outside Houston.

As the article notes, this is the company's first official foray into the energy market and it could be the jumping-off point for the subsidiary handling the project, Gambit Energy Storage LLC, becoming an electric utility.

Phase 3

Tim thinks Tesla has no interest in laying down power lines to people’s houses, collecting monthly fees, and becoming a traditional utility company.

Instead, the goal is to operate as a decentralized energy storage provider around the world.

The energy demand is only going to increase along with the population, so it's a massive opportunity and one that Tesla is well-positioned to take advantage of, given its existing energy capabilities.

If Tesla manages to capture even a sliver of the $23 trillion energy market, the “silent partner” companies Tim is teasing here could take off too.

 

Revealing Tim Bohen's Project X Stocks

Slickly, Tim doesn't provide any clues on his five stock picks…he must have night terrors at the thought of the Greenbull exposing them.

However, some digging around in the dark recesses of the web along with my own thoughts on Tim's picks have provided some potential answers.

These should be taken with a high degree of skepticism, as given the dearth of clues in the teaser, there is no way to verify their accuracy.

Here goes in no particular order:

1. Modine Manufacturing Co. (NYSE: MOD). A thermal management company established in 1916, it supplies Tesla with a battery chiller.
2. Contemporary Amperex Technology Co., Limited (Shenzen: 300750). Specializes in manufacturing lithium-ion batteries for electric vehicles and energy storage systems, as well as battery management systems.
3. NextEra Energy (NYSE: NEE). Has more energy storage capacity than any other company in the U.S. and is rumored to be working with Musk's energy subsidiaries.
4. Emerson Electric Co. (NYSE: EMR). An engineering company that makes automation systems and software for power generation.
5. Flowserve Corp. (NYSE: FLS). Makes pumps, valves, and mechanical seals for power, oil and gas, and other industries.

 

Lifechanging Gains With Tesla Supplier Stocks?

At the end of the day, all we know about Tim's picks is that they are energy-related stocks.

Could Tesla's pivot into energy be their catalyst?

Per Tesla's Q3 2023 report, its energy storage business generated $1.5 billion over the past nine months, which is up 40% over the prior year.

This makes it Tesla's fastest-growing business, surpassing its global EV business which is slowing down, and its charging division, which grew by 32% over the same period.

Although it still has a long way to go – 81% of Tesla's $78.5 billion in 2023 revenue came from EV sales. The energy business, according to Musk himself, could be as big over the long term.

If even half of this happens, Tesla and the stocks of its energy suppliers will get a substantial boost and make Tim look like a stock prophet in the process.

If your time horizon is long-term, a bet on the energy market should pay off.

 

Quick Recap & Conclusion

• Veteran stock trader Tim Bohen believes Tesla will revolutionize a $23 trillion market and he has five “Project X” Stocks that will be the biggest winners.
• What Tim refers to as “Project X” is all about Tesla's billion-dollar energy division building “the ultimate battery” to dominate the $23 trillion energy market.
• Tim has put together a special report with the names of all five energy stocks that he's telling us to buy. It's called 5 Tiny Stocks To Play Elon’s Massive Energy Revolution. It's ours if we subscribe to a growing stock trading community called Stocks To Trade for $49.
• No clues are provided on the five energy stock picks, as Tim knows Greenbull would just reveal them. So we did some digging and came up with a few original thoughts about the five stocks, which are all primarily Tesla energy suppliers.
•  According to Elon Musk himself, Tesla's energy business could be as big as its primary electric vehicle business over the long term. Overall, a bet on the energy market should be a profitable one.

Are you already invested in the energy market? Drop a yes or a no in the comments section below.