Tesla’s trillion dollar valuation is fast approaching

When you already have $85 million, having an extra $21.9 million will not mean a whole lot. At least not to me… :slight_smile:

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@wuqijun

Counting your chicks before they are hatched?

According to @Elt1, huge difference between below $100M and above $100M.

Above $100M is RICH.
Below $100M is still working millionaires.

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As friends, we have to raise the bar for @wuqijun so he can realize his full potential.

100M is peanuts. Aim for billionaire!!

:rocket:

SHORT!

@manch

So much for your don’t worry about rising interest rate.

It’s all about the potential for higher inflation. Increasing inflation, a growing concern in the market, tends to punish high-growth stocks more than low-growth stocks because of the way financial discount rates work. Most of Tesla’s cash flow comes in future years, and future cash flow is worth less today when interest rates rise.

Sell all cloud and SAAS stocks too. Sold already, except FSLY and SNOW.

Market and TSLA correction over by Today !!

@Jil @hanera any idea about this blood bath?

TSLA? No idea. Isn’t this expected? Should give back that part of the price that is due to adding in to S&P… that part is not fundamental… I mention this a few times here. Depending where you count that part is… Final price = Price before inclusion in S&P + new value-added due to fundamentals. Just a logical equation, no idea of actual numbers. Should be somewhere between $400-$666 :slight_smile:

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Bought more TSLA, MRNA, BNTX at cheaper price. IMO, it has to stop today here.

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TSLA is touched $637 = (888-386)*.5 (50%) + 386 (oct 30) as per EW correction, TSLA has touched $621 lowest.

TSLA slide stops here, no more drops.

.

@mcp,

I realize I have an old chart dated Jan 11 :wink: on TSLA. I might have posted this before. Anyhoo, below is the chart. Quite often, wave IV drops back into the price zone of lower degree wave four, in this case wave 4.

Using latest data and fib numbers… correction for TSLA may not be over.

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No not at all, I disagree on your Fib calculations…This is retail traders panic mode kind of discussion !

TSLA correction is over today.

Long before I was calling TSLA may touch between $600 and 650 and it did today.

This is end of TSLA slide - all done once for all.

I know this.

Fib number is neutral. I have no idea where wave IV would complete at. Just WAG. You have good reasons? I only know possible percentage zone, still can’t figure which is the correct one. For Cycle degree, this translate to very large absolute dollar differences. My best way is to see where fib numbers congruence for different waves.

TSLA was extremely expensive, based on my algo when it touched 880. I was even betting with reddit WSB that it will not touch $900 in near future. They asked me to have a TSLA Tattoo if it crosses $900 and finally I won. I was so much sure as my algo indicated as extreme rare end of expensive stock !

Similarly, TSLA is corrected was beyond it is value when it touched $621 - a rare exceptional correction level today.

TSLA stops here and reverses back to upside from here.

You lost. Highest is $900.40

Just for fun I bought some 800 Mar 5th calls earlier this morning. Already up 50% lol

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It was closing $900, but did not !!

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ARK is getting trashed too. Looks like the EV AT crowd is being taken to the wood shed.

Both Tesla and Apple have oversized influence on markets a. and both are unfortunately depended on whims of Chinese.
Chinese will keep building Tesla and Apple products as long as they can export it.

Everything tech is getting crushed. Not Tesla specific at all

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