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Tesla CEO Elon Musk is a 'wild' man who can beat auto giants: ‘Shark Tank’ Judge Barbara Corcoran

Barbara Corcoran on Tesla and Elon Musk (Source: Yahoo Finance | YouTube)

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Tesla shares have been really hot of late and this resulted in the conversion of critics into believers such as “Mr. Wonderful” Kevin O’Leary; and now, another Shark Tank judge has explained why she loves the company and why Elon Musk is a winner.

The founder of The Corcoran Group and Shark Tank judge Barbara Corcoran weighed in on Tesla stock performance and Tesla CEO Elon Musk’s leadership style during a Yahoo! Finance video segment.

“All you have to do is get a Tesla or borrow and drive around and you are sold,” Corcoran, who also owns a Tesla and the company’s stock, said.

On Thursday, TSLA was downgraded by Baird from “Outperform” to “Neutral” and CFRA also downgraded it from “Hold” to “Sell” after closing on Wednesday. Corcoran had a no-holds-barred reaction to this. “These guys are just hedging their bets. They don’t want to be wrong on their predictions so they’re taking it down a little. It’s all nonsense,” she said.

When asked by host Zack Guzman if she owns a Tesla, the multimillionaire businesswoman jokingly explained that she loves the Tesla and that the dashboard alone is enough to convince her. “Nicely made car, gorgeous,” she added.

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The entrepreneur known for her rags to riches story described the Tesla chief as someone who can beat the automotive giants.

“You always need a guy that’s a wild man like he is to create something new and by the time the big guys wake up to it they can never catch up,” she said. “Any great leader is rough. Any great leader has a strong opinion and isn’t so smooth on the edges and drives at home, but that’s what you want when you want to reinvent a category and that’s what he has done.”

When asked about how the electric car maker struggled during the first half of 2019 while registering profits in Q3, Corcoran had a witty rebuttal,“…if you could just look at it long-term and realize that their product and the end drives the company, the product itself it’s so phenomenally much better than everything. I’ve driven them all. You just have to go buy yourself a Tesla, you’ll never say another word against Tesla in your life.”

Given that Corcoran owns TSLA stock, her praises and claims hold water. Just this week, Tesla became the most valuable American automotive company ever with a market capitalization approaching $83 billion. For a very young company, that is quite an achievement. Likewise, all eyes are glued on what’s happening in Germany where Tesla is gearing to construct its Gigafactory 4 that will produce half a million vehicles to serve the European market.

Here’s the segment on Yahoo Finance where Corcoran shared her thoughts about Tesla and Elon Musk:

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A curious soul who keeps wondering how Elon Musk, Tesla, electric cars, and clean energy technologies will shape the future, or do we really need to escape to Mars.

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Tesla Supercharger access has proven to be a challenge for one company

Interestingly, it seems to be the Volkswagen brand specifically that is having issues with compatibility with Tesla Superchargers. Other brands under the VW umbrella, like Audi and Porsche, have already gained access to the charging network.

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Credit: MarcoRP | X

Tesla Supercharger access has proven to be quite the challenge for one company, as it continues to delay the date that it will enable its owners to charge at the most expansive network in the world.

Tesla Superchargers have been opening up to other brands for well over a year, and many car companies that are manufacturing electric vehicles now have access to the vast network that has over 70,000 locations worldwide.

Tesla to launch Supercharger access for VW owners later this year

However, one brand has experienced some issues with what it is calling “technical challenges,” specifically failing to enable cross-compatibility between its vehicles and Tesla Superchargers.

Volkswagen has had to delay its ability to enable customers to charge at Superchargers because there have been some difficulties getting things to run smoothly. A report from PCMag cites a quote from a Volkswagen spokesperson who said there are still plans to deliver this year, but there have been some delays:

“Volkswagen looks forward to making it possible for ID. Buzz and ID.4 vehicle owners to gain access to the Tesla NACS Partner Superchargers. The timeline has been delayed by technical challenges, and we ask for customers’ patience. We still expect to deliver access this year.”

Interestingly, it seems to be the Volkswagen brand specifically that is having issues with compatibility with Tesla Superchargers. Other brands under the VW umbrella, like Audi and Porsche, have already gained access to the charging network.

Volkswagen EV owners will need to use an official VW adapter to access the Tesla Supercharger Network once the issues are resolved. It still plans to launch access to its owners later this year, but its spokesperson did not announce any planned timeline.

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Tesla Giga Berlin makes big move amid strong sales and demand

“We currently have very good sales figures and have therefore revised our production plans for the third and fourth quarters upwards.”

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Credit: Tesla Manufacturing

Tesla is making a big move at its factory in Germany, known as Giga Berlin, as managers at the plant have indicated the company plans to increase its production rate for the remainder of the year.

Giga Berlin is responsible for manufacturing Model Y vehicles for several markets worldwide, including those outside of Europe. It was opened in March 2022, and it recently built its 500,000th Model Y in March and its 100,000th new Model Y just three weeks ago.

Due to some encouraging sales figures in the markets it provides vehicles for, Tesla said it is planning to increase production at the factory for the remainder of the year.

Andrè Thierig, plant manager at Giga Berlin, said to German news outlet DPA on Sunday that market data has encouraged a move to be made regarding the production at the factory:

“We currently have very good sales figures and have therefore revised our production plans for the third and fourth quarters upwards.”

It is interesting to see this kind of narrative from Thierig, especially as data has shown Tesla has struggled in various markets, including Germany, this year.

Sales drops have been reported, but other markets are holding strong, especially those in Northern Europe, such as Norway, where the Model Y saw a nearly 39 percent increase in sales in August compared to the same month the previous year.

Tesla Model Y leads sales rush in Norway in August 2025

Gigafactory Berlin supplies vehicles for other markets, such as Canada, Australia, and New Zealand, which are strategically important to avoid tariffs. It also builds cars for the Middle East.

Thierig reiterated this point during the interview with DPA:

“We supply well over 30 markets and definitely see a positive trend there.”

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Tesla analyst says Musk stock buy should send this signal to investors

“With Musk’s (Tesla stock) purchase, combined with the upward momentum for delivery expectations and robotaxi rollout, we are becoming more bullish.”

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(Credit: Tesla)

Tesla CEO Elon Musk purchased roughly $1 billion in Tesla shares on Friday, and analysts are now breaking down the move as the stock is headed upward.

One of them is William Blair analyst Jed Dorsheimer, who said in a new note to investors on Monday that Musk’s move should send a signal of confidence to stock buyers, especially considering the company’s numerous catalysts that currently exist.

Elon Musk just bought $1 billion in Tesla stock, his biggest purchase ever

Dorsheimer said in the note:

“With Musk’s (Tesla stock) purchase, combined with the upward momentum for delivery expectations and robotaxi rollout, we are becoming more bullish. This purchase is Musk’s first buy since 2020. To us, this sends a strong signal of confidence in the most important part of Tesla’s future business, robotaxi.”

Musk putting an additional $1 billion back into the company in the form of more stock ownership is obviously a huge vote of confidence.

He knows more than anyone about the progress Tesla has made and is making on the Robotaxi platform, as well as the company’s ongoing efforts to solve vehicle autonomy. If he’s buying stock, it is more than likely a good sign.

Tesla has continued to expand its Robotaxi platform in a number of ways. The project has gotten bigger in terms of service area, vehicle fleet, and testing population. Tesla has also recently received a permit to test in Nevada, unlocking the potential to expand into a brand-new state for the company.

In the note, Dorsheimer also touched on Musk’s recent pay package, revealing that William Blair recently met with Tesla’s Board of Directors, who gave the firm some more color on the situation:

“We recently participated in a meeting with Tesla’s board of directors to discuss the details of Musk’s performance package. The board is confident of its position in the Delaware case and anticipates a verdict by end of year. It does not expect a similar situation to occur under new Texas jurisdiction. Musk has the board’s full support, and we expect he’ll get more than enough shareholder support for this to pass with flying colors.”

Tesla stock is up over 6 percent so far today, trading at $421.50 at the time of publication.

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