I believe$Tesla Motors(TSLA)$ is a long term stock as long as investors have faith in Elon Musk.
It is slowly stepping out of the woods and my year end target for TSLA is $260.
Long term wise, it will move up though not in a straight line. Long term investors need to have patience in it while short term traders can opt for option trading using wheel strategy- my favourite #optionstrategy.
EV is definitely the future. Autopilot is one of the biggest challenge and let's have confidence that it will definitely happen in time to come[Smile] [Smile] [Smile]
Having said that, I do also have controlled positions in it and have not gone above 20% of my holdings in this counter. I believe diversify is the safe way to go in investing.
What's your take in $TSLA? How many % are you vested in it?[Allin] [Allin] [Allin]
Do you also invest in other EV counters such as$NIO Inc.(NIO)$ $Li Auto(LI)$ $XPeng Inc.(XPEV)$ ?
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