EmilyMark
09-05

$Tesla Motors(TSLA)$ The graph of TSLA since Nov. 2021 is the most informative and most relevant. Tesla has has all of the supposed stated advantages thru this entire period. What I see is three attempts to recover the Nov. highs all of which collapsed on the basis on continuing declining fundamentals.

Since Nov. 21 the single largest factor seems to be the maturing of EV commodity vehicle markets and while Musk has bragged about Tesla vertical integration and scaling - Tesla still buys the majority of battery cells from its competitors in both EVs and Energy Storage.

Finally, the delayed FSD robotaxi reveal will not arrive with either DOT licenses or insurance carriers underwriting.

All of which means in the best case scenario, Tesla still has an unregistered FSD and robotaxi, both of which again are being highly competed for by companies that already have at least some form commercial product operating in a limited field. No matter how you hype this the reality is what it is.

Market Commentary - Reversion to the Meme - November, 2021 | We Are  FormidableMarket Commentary - Reversion to the Meme - November, 2021 | We Are Formidable

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