Man, that was quite an endorsement. You can't buy that with money, but apparently lending out a Model X for a few days does the trick. Very cool.
Note, of course, that Jon & Elon are very good friends.
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Incidentally, many traders I follow are in shock about this as if it's amazing new news. It just boggles my mind how little research many of them do on this company, and how they keep being surprised when we actually roll out features that we told the market existed already.
Exactly. It shocks me how much this is the case. Or how much investors don't act on Tesla's plans until they are finally delivered. That's again why I think now is a good time to put more in. Good news on the next call regarding X production, good $$ numbers on the next call or the one after, a big Model 3 reveal followed closely by taking in a ton of reservation cash, Tesla Energy products rolling out, and growing demand as normal people find out about the Model X and Autopilot all point to up, up, up, imho.
And on the flip side, what is going to send the stock much lower than it is today? I have a hard time seeing anything. Clearly, macro problems could cause issues, but those shouldn't keep it down for long or send it too deep (i hope). Continued problems ramping up Model X production could be bad, but I'm trusting Elon that this is basically worked out and production is increasing exponentially. No chance in hell the Model 3 unveiling will be a disappointment (esp. after what we saw from Faraday Future, and the Bolt not having super-fast charging capability, Autopilot, or anything super snazzy). Gigafactory delays? Doesn't seem like it.
Naturally, unexpected things happen all the time. But sometimes those of us who follow closely are most surprised when most investors don't seem to get it, and then aren't prepared when they figure it out a few months or several months later and the stock flies.
Would hate to know all of this, not put more money in, and then see the stock price rise to $300 "all of a sudden."