StealthP3D
Well-Known Member
There are a lot of bad earnings expected to be reported this week and this will likely keep the market down throughout the week, or at least very volatile. I think we'll see a rebound next week though after earnings are out of the way.
TSLA will probably rebound before the broader market. Because TSLA is on Viagra. Expect more attacks that will suddenly diminish as soon as it's obvious TSLA has recovered. Some attacks are disguised as positive stories but are designed to scare new investors away. Such as this fluff article:
Tesla Makes a Surprise Tweak That Will Delight Fans - TheStreet
The company has just added a feature during the production cycle of two flagship models.
www.thestreet.com
The company has quietly improved its vehicles during their production cycle. The latest Model S and Model X out of the factory carry a functionality that the company teased in the fall of 2020 but Tesla buyers had lost hope that it would ever come true: a tilting screen, using integrated motors.
This creates the impression that Tesla's improvements are inconsequential and they are fighting to stay relevant in a crowded field and struggle to bring even superfluous improvements to market in a timely manner. It makes it easy for a prospective investor to say "I was interested in TSLA but I'm not about to put my money on the line if the best they can offer is a new screen that tilts with electric motors. That sounds trouble-prone."
This article inexplicably has a major contradiction with the title calling the tilting screen a "surprise tweak" while the story says:
The new feature allows the screen to be rotated so that the viewing angle is more suitable for the driver, or for the passenger.
The addition of this option is not really a surprise.
Well, they can't both be true. Do they think we are stupid?
Articles like this misrepresent what Tesla is really all about. And that is making cars quicker, more efficiently and in higher volumes than the rest.
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