Do you know which stock has captured the attention of both bulls and bears alike?
One investor shared a stunning single trade profit of $1284 through an options strategy. Curious about the logic behind this high return?
Let's dive in!
Congratulations to @Khooec for achieving an impressive $1284.7 return on buying TSLA calls. 🎉🎉🎉
We also invite @Khooec to share his experience with this trade with everyone. 💪
Despite numerous negative factors and weak sales prospects, Tesla's stock has shown remarkable resilience. As illustrated below, the stock price has soared over 46% since the profit announcement, significantly outperforming the $S&P 500(.SPX)$.
Bears argue: Tesla's past shines brighter than its future.
Almost every car company is investing in pure electric and plug-in hybrid technologies, offering products similar in price and functionality to Tesla. These models are either already on the market or expected to launch within the next year. This means that while no other company can match Tesla's projected production of over 2 million cars in 2024, there are now plenty of alternatives for electric car buyers. This wasn't the case a few years ago when Tesla enjoyed a de facto monopoly.
One of Tesla's early advantages was its unparalleled technological innovation in the cars themselves. For 20 years before Tesla, the most significant improvements in the automotive industry seemed minor, apart from safety. Then Tesla arrived, revolutionizing in-car technology and various features that enhance both the in-car and driving experience.
Price is another factor. While Tesla's base models remain among the cheapest, other automakers have introduced or are about to introduce models priced below $40,000.
Bulls believe:
Tesla's valuation heavily hinges on the projected size and potential of the robotaxi market, which varies significantly among different analysts.
Ark Invest projects an $11 trillion market by 2030, driven by the disruptive nature of low-cost robotaxi technology.
Other estimates, like those from UBS and McKinsey, predict more conservative market sizes ranging from $500 billion to $2 trillion by 2030.
Are you a Tesla bull or bear?
Have you made or lost money on Tesla?
🎁Rewards:
Feel free to share your $Tesla Motors(TSLA)$ positions in the comment section to win Tiger Coins! Don't miss out on sharing your tactics; give us a lesson!
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Comments
Well, I am confident with the company so I consistently average down my holdings in Tesla. Also I monitored closely and waiting for the golden trend reversal signal that occured recently. Firstly, the share price of Tesla successfully stood back above its EMA 200 trendline resistance. That's very encouraging and a first indication of potential trend reversal in Tesla chart.
My next target price for Tesla will be 300 USD. However, the share price might have some correction towards 200 USD but nothing to worry as long as the uptrend still valid!
@MillionaireTiger @TigerStars @Tiger_comments @TigerGPT @CaptainTiger
the things he says in public can cause the stock to swing (at times in a bad way). so, it's like the stock is under his mercy [OMG] [OMG] [OMG]
Bravo 👏🏻👏🏻