Equity Research and Sector-Specific Forecasting by Gordon Johnson
Gordon Johnson is the founder and CEO of GLJ Research, an independent equity research firm specializing in industrials, renewable energy, and macro-sensitive sectors. Formerly Head of Equity Research at Axiom Capital, Johnson gained national visibility through CNBC and Bloomberg appearances for his contrarian views on Tesla and crypto assets.
Since 2023, Johnson has positioned himself as a vocal skeptic of cryptocurrency markets. In a widely viewed December 2024 interview, he labeled Bitcoin “worthless” and described the cryptocurrency ecosystem as a “speculative shell game.” Following the U.S. Treasury’s announcement of a strategic crypto reserve in early 2025, Johnson called the initiative “institutionalizing market corruption,” drawing over 1.4 million impressions across financial media.
Despite his criticism, Johnson is frequently cited in crypto discussions as a bearish counterpoint. His analysis supports institutional investors looking for risk-off strategies or exposure to short positions within crypto-linked equities. Johnson does not hold digital assets and follows a strictly conventional portfolio approach.
Gordon Johnson: Only 3 driverless robotaxis active in Austin despite ambitious TSLA targets
Gordon Johnson, CEO / analyst at GLJ Research, criticizes the progress of TSLA's robotaxi rollout in Austin. Johnson points out that although Elon Musk promised 500 driverless robotaxis in Austin ...
Major firms avoid telling clients to exit in bubbles, Gordon Johnson notes
Gordon Johnson, CEO / Analyst at GLJ Research, shares a statement from J. Grantham noting that since 1929, major firms have never instructed clients to leave the market when it was overpriced, ...
Gordon Johnson: Fed has overseen 63 months of inflation over 2 percent target
Gordon Johnson, CEO / Analyst at GLJ Research, draws attention to the fact that U.S. inflation has remained above the Federal Reserve's 2 percent target for 63 consecutive months. Johnson ...
Oil shipments through Strait of Hormuz near zero while prices hold, Gordon Johnson notes
Gordon Johnson, CEO / Analyst at GLJ Research, observes that oil crossings through the Strait of Hormuz have collapsed to near zero following the resumption of war. Despite this major disruption ...
Oil price prediction: Gordon Johnson predicts crude could fall to $59.99 per barrel
Gordon Johnson, CEO / Analyst at GLJ Research, forecasts that oil prices may decline to $59.99 per barrel. This projection was shared in a recent post, tagging U.S. government official Scott ...
Without subsidies, Elon Musk might close Tesla, Gordon Johnson argues
Gordon Johnson, CEO / Analyst at GLJ Research, states that without government subsidies, Elon Musk would likely need to close Tesla and return to South Africa. Johnson's commentary references ...
Gordon Johnson: Strait of Hormuz oil crossings remain low while prices are near pre-war levels
Gordon Johnson, CEO / Analyst at GLJ Research, observes that oil cargo movements through the Strait of Hormuz have not yet rebounded. Despite this gap, Johnson points out that current oil prices ...
Automotive division is a rounding error versus full market cap, Gordon Johnson argues
Gordon Johnson, CEO / Analyst at GLJ Research, suggests that the automotive segment is a minor component in comparison to a $1.5 trillion market cap. Johnson calculates that even with around ...
Gordon Johnson: Tesla drops 8 percent as investors view it as car company
Gordon Johnson, CEO / Analyst at GLJ Research, highlights that Tesla shares fell 8 percent as investors began to price the company as a traditional car manufacturer following strong delivery ...
Kevin Warsh may be the real deal for the Federal Reserve, Gordon Johnson notes
Gordon Johnson, CEO / Analyst at GLJ Research, suggests that Kevin Warsh could be the "adult in the room" needed as Federal Reserve chairman, especially for poor and middle-class Americans ...
Gordon Johnson: Oil tankers did not cross straight as U.S. stock futures opened
Gordon Johnson, CEO / Analyst at GLJ Research, points out that World Trade Organization data showed no oil tankers crossed the straight during the recent weekend, including Saturday and Sunday. ...
Hyperscalers free cash flow draws little attention at present, Gordon Johnson notes
Gordon Johnson, CEO / Analyst at GLJ Research, observes that major hyperscalers such as MSFT, GOOG, AMZN, META, and ORCL currently receive little attention for their free cash flow performance. ...
Gordon Johnson: TSLA crash raises questions about FSD and autopilot
Gordon Johnson, CEO / analyst at GLJ Research, asks about the circumstances surrounding the recent TSLA crash. Johnson specifically inquires whether the vehicle's Full Self-Driving (FSD) or ...
Bulls push for Tesla and SPCX merger despite valuation concerns, Gordon Johnson argues
Gordon Johnson, CEO / Analyst at GLJ Research, questions the logic behind Tesla supporters advocating for a merger with SPCX while simultaneously claiming Tesla has trillions in Full Self-Driving ...
Gordon Johnson: Warsh not like Yellen and Powell in approach to monetary policy
Gordon Johnson, CEO / Analyst at GLJ Research, disputes claims that Warsh is viewed similarly to Treasury Secretary Janet Yellen and Jerome Powell, both of whom, he says, followed Ben Bernanke's ...
Tesla robotaxi fleet limited to 31 cars, Gordon Johnson notes
Gordon Johnson, CEO / Analyst at GLJ Research, questions the substance behind Tesla's highly anticipated robotaxi rollout. According to Johnson, the active robotaxi fleet numbers just 31 vehicles, ...
Gordon Johnson: Tesla accused of presenting misleading Full Self-Driving safety data to European regulators
Gordon Johnson, CEO and analyst at GLJ Research, highlights that Tesla is accused of presenting misleading 'Full Self-Driving' safety data to European regulators. The claim centers on concerns ...
U.S. PPI rises more than expected while core PPI lags, Gordon Johnson notes
Gordon Johnson, CEO / Analyst at GLJ Research, highlights a sharp rise in U.S. producer price index (PPI) figures. The headline PPI increased by 1.1% month over month, surpassing the expected ...
Gordon Johnson: CPI has exceeded Fed 2% target for 61 consecutive months
Gordon Johnson, CEO / Analyst at GLJ Research, highlights that the headline Consumer Price Index (CPI) has surpassed the U.S. Federal Reserve's 2% inflation target for 61 consecutive months. ...
Korean won strength could mean a head fake rally, Gordon Johnson warns
Gordon Johnson, CEO / Analyst at GLJ Research, suggests that recent movements in the South Korean won may indicate continued selling of U.S. stocks by Korean investors. Johnson warns this market ...
Gordon Johnson: South Korean leveraged buying pressures U.S. tech stocks
Gordon Johnson, CEO / Analyst at GLJ Research, comments on the negative performance of the Nasdaq and SOXX in U.S. markets. Johnson highlights that South Korean investors have played a significant ...
