I think Tesla $Tesla Motors(TSLA)$
Right? You didn't expect that headline after complaints about the #Cybertruck release, did you?
Don't get me wrong, we could drop towards the 200 moving average (1), and we might not see a good bounce until after some selling pressure from people that have gains this year, which will probably hit it's peak in early January, because of people trying to push out tax liabilities, but I think it's right back up after that.
Wait why? Because the biggest complaint about the new Cyber truck are about the price. <-- This is FUCKING GREAT! But wait. I heard people complaining about the cost of adding the extended range too. <-- But do people really care about the extra weight or slightly decreased trunk space? No. They care about the cost. That's it. Even if they don't say it.
But here's the important thing to note. The truck has ENOUGH DEMAND FOR YEARS! And analysts were just complaining about Tesla margins. So, what do you think happens if they realize that the margins might be much better than expected during the initial ramp phase of production?
Yep, They'll revise their targets higher. π
Separate your thoughts as a consumer from your thoughts as an investor.
These are NOT and should NOT be the same thing!!!
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