NOT-ADVICE
One of the most valuable bits I get out of the thread is hearing what different people are thinking about for the market and share price over the very short term - the next 1-2 days, up to 1-2 weeks. Sometimes going out to a "larger trend" that could reach out over the current quarter.
Not because anybody knows what will happen, but because everybody sees different things, and sees them differently.
In that spirit, my view on the remainder of the quarter is unchanged, even after the couple of strong down days we've seen. I expect the share price to be lower than higher over May. The primary rationale is that the next news with strong short term impact I expect will be Q2 production. And positioning won't really start happening until June. Over the month of May, we'll be away from the recent great earnings, and far enough away from the next great production report, that the Tesla Story won't hold much mind share.
That leaves the Macro Story in control (Ukraine war, inflation, recession, interest rates, Twitter). Add in some help from people that can and do manipulate the share price downwards when the time is right, and I see 800s in May more likely than 1000s.
I expect a return to the 1050 to 1150 range in June, as people start getting ready for the production report.
The other observation here - as deeply knowledgeable Tesla investors with a long term buy and hold mentality, or at least a belief that Tesla is dramatically higher in 5 years than today, its easy to mix long term buy and hold thinking, with 3-12 DTE option mentality. Or at least it is to me. Just because I think Tesla is worth $1200 today and why can't the market see it!?!, doesn't mean we're going to see $1200 this week or next. Nor does that belief inoculate us from seeing $700 this week or next.
By 2025, I think $1200 is so far in the rear view mirror its funny. But mixing that view with the necessary short term view can be disastrous.
I'm doing better about splitting these two ways of thinking about things, but I can be better.