Bob Kargenian’s Letter Published in Barron’s on June 19, 2026

Bob Kargenian’s letter was published on June 19 in Barron’s, a weekly newspaper that covers financial information, relevant statistics, and market developments.

In his letter, Bob says, “Jack Hough notes that Tesla shares are up 59% in three years, trailing the S&P 500 index by only 18 points in that time period, despite actual revenue coming in at $94.8 billion versus the consensus estimate three years ago of $163 billion (‘Why the Enormous IPOs Won’t Sink the Market,’ Streetwise, June 12). But extending that time period back to Nov. 1, 2021, Tesla shares have been dead money for more than 4½ years, losing 0.20% annualized versus the S&P 500’s compound return of 12.2% during the same period. Investors better hope that CEO Elon Musk’s robots live up to his hype.”

Read Bob Kargenian’s Full Letter (login required).