My crystal ball started flashing last night. Then sent me a text alert. Then started honking like this:
The last time it behaved this way was November 10, 2020. That's when I loaded up on TSLA around $400 (split adjusted). One week later, the stock started its launch to $900. Of course it dipped again to 540, but not 400 again. We will never again see 400 unless Civil War 2 erupts, or Fremont falls into the Pacific, or Elon gets a sex change, or similar disaster.
I'm not sure what tripped the crystal breaker this time. Maybe Elon's tweet yesterday that Beta 9 is coming "hopefully next week," with FSD subscriptions to follow. That on top of:
2) Production & Deliveries report due Friday, which will reveal the "China concerns" to be horse hockey
3) Analysts figuring out that the "profit only from reg credits" FUD won't work for Q2
4) Berlin and Austin on track to start ramping in Q4
5) Model S deliveries starting up
6) Plaid awesomeness leaking into mass media
7) Las Vegas tunnel helping tourist masses see Tesla awesomeness with their own eyes
8) New revelations about Tesla's tech superiority coming soon from Sandy Munro's teardown of Plaid S
9) Rising public awareness of competition's inferiority in tech and sales
10) AI Day expected in a month
11) Even a CNBC anchor disgusted by her own Tesla FUD
Yes, the catalysts are turned up to 11.
So crystal ball is honking that this week may be the last buying opportunity before $600 joins $400 in Never Again Land. I'm gonna load up.
)
My peers and I used to believe the Germans were ten to twenty years ahead of us, now, well not so much ~ I guess.
