Only positive reports from China can keep it afloat. look for Chinese news before buy or sell.
Remember the various past reports from Germany that Tesla is decades ahead. It was to massage american Ego to make them asleep.
I am waiting for French and Swedish.
GLJ Research analyst Gordon Johnson expects Tesla shares to be changing hands for $19 each a year from now (yes, that’s not a typo), implying a decline of 96%.
It is local people ignorance about Tesla. Many always have local ignorance (sitting at USA) about USA. Same way Tesla…etc.
Sleeping Ego does not win over the innovation which many locals (including you) do not understand.
You mean “After Tesla became biggest car companies in the world, now Volkswagen Chainman ego is waking up” to challenge Tesla and you believe Volkswagan is going to beat Tesla?..
You do not understand any shit about either US economy or neither company’s innovation, neither the local SFBA real estate.
Whether you like or not, Tesla has become the EV leader by its innovation and can not be defeated in next 5-10 years (until another innovation comes).
Same way, Bay Area real estate swings back after the economic recovery…as usual.
ignorance?. do you know Silicon valley and West Coast in general history?. It has practically zero innovation. Everything came from Darpa or Emigres from other states/ Countries. It all due to lopsided financial engineering that only Coastal firms got bigger and bigger without regards to profits and manpower. This is the worst mistake US made in past 75 years and time will prove it.
Those past factors that created and propelled Silicon valley are no longer there. it is primitive place with orchards and some labs. not for advanced complex mass production.
Even in 1990s they need help.
Tesla is not innovation. It is money losing business that only exist due to regulatory credits and some mythical way of fighting climate change by federal reserve and Californa. that no sane real business will enter into it without state or business support that has fed behind it.
you should read the VW and other European makers statements carefully. They didnot say anything about profits related to electric business. They didnot have state support untill recently. now after Covid. European union is spending $2T on new economy. and they already signed contracts with Chinese supply chains.
The results are instantaneous. German and French makers Totally dominate EV sales in Europe and the rest are coming from Chinese makers that include Volvo. If Tesla cannot generate required volume in China. its pretty much done.
You do not have any clue about USA, SFBA and TSLA too.
If USA is not growing, not beneficial, why are you staying here ?
The mere fact you stick to this USA for your own wealth building activities itself says you are hypocritical !
You just talk nonsense to others, personally you feel better to stay here in SFBA or USA as you yourself find none other country better than this soil.
Silicon valley and US growth does not have any relationship to each other. US dumping this huge money into Silicon valley has made competitors richer.
Infact Silicon valley growth has damaged US internaitonally beyond doubt.
Just India earning hard currency from H1B enable it to buy latest weopons and nuclear reactors from Russia. which enable to rise up from communist collapse faster.
Yes, entire market is in correction including TSLA. I started buying one stock of my own choices (Like tsla, aapl,…etc) so that I can dip more (DCA) later when market is in deep trouble.
Eventually end up buying either 10k-15k each stock or 100 shares of each stock.
Otherwise, I may forget buying some important stocks. This is part of buy/hold (not trade) with 30% of my cash. Rest 70% on trading.
BTW: This is for my discussion purpose, but not a stock advice, neither financial advice, Anything you do on stock market, you are on your own.
I do not think so, esp on established companies like TSLA, AAPL, AMZN, GOOGL, FB and MSFT.
I may end up getting 20-40 stocks at possible bottom for hold, leaving 70% on tradable cash TQQQ and UPRO.
The important point is that holding stocks must win over my trading 3X stocks. If they win, it is worth holding, otherwise trading 3x is far better choice.
I follow my own methods, it depends on cash on hand and portfolio we choose.
100% true statement. It is Trillion market cap in next 5-10 years.
TSLA is going down steep with market correction. I do not have any price at which it will stop (it is too early to guess).
But, I am sure on this: People, like me, who left the TSLA boat, this is the last chance to get in at low price.
What has happened with TSLA now was the replica of QCOM in dot.com time. QCOM went from $40 to $988 during dot com.
TSLA is going like this. I will definitely land up buying TSLA when market bottoms (which I do not know when).
BTW: I may trade too as I do not expect market is correcting once for all as market is likely correct and then go up and down like 2008-2011 three year correction.
BTW: This is for my discussion purpose, but not a stock advice, neither financial advice, Anything you do on stock market, you are on your own.
show me where i am clue less?
look around Samsung got so wealthy so fast. and where is it investing in shipyards now and building LNG tankers for?. I know the answer.
Tesla battery suppliers in China both Chinese and Koreans.
People got Phd Dissertation from University of Oregon.about entire city built by water. that is Chinese wealth transferred to Russia. if Chinese attempt similar in SF bayarea in 2020. It may well cost $300b