Ricky Gutierrez questions the potential Trump administration deal to rescue Spirit Airlines (SAVE) with a $500 million loan, especially after a previous merger deal was blocked.
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TRUMP TAKES "TOTAL CONTROL" OVER STRAIT OF HURMUZ
Ricky GutierrezMay 1, 2026
Ricky Gutierrez discusses market reactions to geopolitical news, highlighting the sharp decline of Avis stock due to its "pump and dump" nature and poor fundamentals. He also notes Tesla's recent fall, attributing it to delays in its self-driving technology. Additionally, he touches on a potential government loan for Spirit Airlines, questioning the rationale behind it.
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Tesla (TSLA) is experiencing a significant price drop, falling from highs of $405 to $368, due to setbacks in its full self-driving technology promises.
Ricky Gutierrez strongly advises staying away from Avis (CAR), calling it a "BS company" that is a "pump and dump" scheme, and highlighting its significant price drop and poor financial fundamentals.
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CAR
sell opened May 1, 2026
+4.59%