Tesla has been a very important component of the stock market and if you want to put it, deeply entrenched in AI which makes up an important part of the new economy.
So Tesla is definitely not going anywhere. 'Definitely' is a strong word so I will just tone it down a bit to 'most likely'!
Most associate the company to just EVs but I believe it is much more than that to what the company is doing. It may have started as a pure EV play but it is branching out into more to keep ahead of the competition.
So to answer the question, the Cybertruck is interesting but it needs more that that to justify a lofty valuation ahead. And looking at how Tesla is cutting margins to increase volume, I believe it is more of a 'capture the market' approach at the expense of margins and profit so as to have a substantial base to drive profits in the future. And being a big ticket item, a high interest rate environment will impact demand so I believe until that resolves, Tesla will be under pressure.
Technically, Tesla only has three waves up the bottom so it is not looking that bullish. There are too much risks in the market, it is not worth the risk at the moment to buy into Tesla. It takes more than rate cuts to substantiate the risks and I believe rate cut expectations are already baked into the stock price.
Disclaimer: Please kindly do your own due diligence as this is a sharing article and in no means financial advise. I am just sharing my opinions and thoughts.
Thanks for reading my commentary. Hope it helps!
Stay safe! 😊
$Faraday Future Intelligent Electric Inc.(FFIE)$
Comments
估计近期行情还不错
Good