$Tesla Motors(TSLA)$
It's been a nice 2 days of recovery but I am still holding to the view that nothing has really changed.
The fundamentals remains the same as it was a month ago. Actually, no. It may have even worsen as the robotaxi news may just be a show and tell by Elon Musk of what a future car may look like.
So the very famous quote about how in the short run the stock market is a popularity contest, but in the longer term, the weighting machine comes up really will apply to Tesla (and other similar meme) stocks.
Just ask Warren Buffett why Berkshire Hathaway is not interested in Tesla.
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Comments
From 415 to 220....that's a great investment...go lemings...go to edge and jump....
Elon is trying to pump up the stock price by talking about new models and robotaxi. I will believe it when I see it and reconsider buying in again, but I am not buying the hype.
Buy low and sell high. It is not that low yet. It will get much cheaper next weeks. Don’t catch the falling knife yet .
TSLA will fly following Juniper release, most every Model Y buyer is on hold until then
From 415 to 220 and still insanely overvalued. The downtrend will continue.