Ooops I Bought Tesla Again :p

Tiger V
04-25

I purchased Tesla stock (TSLA) at a price of $160.96. Here are my reflections on this investment:

1. Recent Price Movement: 

Tesla shares surged 12% on Wednesday following CEO Elon Musk’s announcement of plans to begin production of new affordable EV models by early 2025. This news led to an increase in Tesla's stock price despite the company reporting disappointing first-quarter earnings, with revenue declining 9% year over year—its steepest annual drop since 2012.

2. Long-term Growth Potential: 

Despite short-term financial underperformance, Musk's announcement about the new affordable EV models indicates Tesla's commitment to future growth. The earlier production start date in early 2025 suggests Tesla is taking proactive measures to expand market share and maintain its industry leadership.

3. Innovation and Competitive Advantage: 

Tesla has been a leader in the electric vehicle market, known for its innovation and continuous investment in new technologies. The introduction of new models is likely to attract more consumers and increase market share. 


Overall, I hold a cautiously optimistic view on my Tesla investment. I believe the company's leadership position in the electric vehicle industry, combined with its positive plans for future growth, provides potential opportunities for my investment. However, I am aware of potential market fluctuations and competitive pressures that may pose risks. I will continue to monitor Tesla's future performance and market dynamics to adjust my investment strategy as needed.

$Tesla Motors(TSLA)$  

Will Tesla Hit $200 With FSD Breakthrough?
Tesla jumps to $190 in the premarket trading. Elon Musk’s quick visit to China paid immediate dividends, with Tesla Inc. clearing two key hurdles to introduce its driver-assistance system to the world’s biggest auto market. The US carmaker will partner with Chinese tech giant Baidu Inc. for mapping and navigation functions to support what it calls Full-Self Driving, or FSD. ----------------- What's your target price for Tesla's rebound? Back to $200 tonight?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • CashCity
    04-25
    CashCity

    Long term growth potential is ZERO! It will go to $101

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