Short term is bright. Like I said before, consumers are watching YouTube videos and other internet content of people that own Teslas or are influencers taking about Tesla as “tech” and loving it.
The only people watching CNBC are retail investors and hedge funds.
Consumers don’t care about CNBC, but seemingly traders and hedge funds do.
Two different worlds. Two different audiences.
The desire is strong with consumers, demand is strong really strong with younger generations that can’t afford them yet. Wall Street exploits the fear in such an exponential growth environment between quarterly predictions that inevitably are going to miss in either direction.
The added element is Tesla is the fastest growing new automaker in the global market place, while the rest are averaging negative sales growth and looking at ways to consolidate. This is the same in the utility world where solar and batteries are forcing utility commissions to reconsider multi-decade fossil fuel capacity projects and utilities how to avoid stranded fossil fuel assets on the ledger in the near future. Remember, Tesla built the biggest battery in the world in 90 days saving the south austrailian utility millions of dollars within the first 6 months where a fossil fuel equivalent would’ve taken years to build.
Yet TSLA faded for most of the last two days. Someone is mighty dumb or powerful.
No one here has a crystal ball. I already tried asking![]()
Dammit.
Big volume on the upside move. Institutions are accumulating. $180 is very possible but will be bought up. Just start dipping your toes here at $204. Great price and it’s the same quality, headache inducing stock that you know and love. Just don’t use margarine. It’s bad for you
Okay, I guess I'll keep buying at low 200s, but keep some dry powder. FUDsters will have more months to concoct donkey merde, and Elon might freebase nutmeg with Joe Rogan, just to piss off the SEC. Thanks all.