fenixfire
2023-04-21

$Tesla Motors(TSLA)$ 


At this juncture, TSLA is definitely oversold. Typical reactionary selling on perceived negative future outlook. But TSLA was always going to have to drop prices, as Elon Musk's vision is for the planet to have more efficient transport in terms of energy consumption and efficient traffic management/flow.

As part of this plan, it was always going to have to exist in the mass market segment, which necessarily report lower profit margins, which should be balanced by increased market penetration. 

Does this lead to short term discomfort holding as the company seems to be throwing away it's profit margins? Sure, but this is not a race to the bottom, this was always on the cards. 

Massive growth potential is still on the cards, as market penetration increases further, and TSLA emerges as the company supporting the charging infrastructure. Notwithstanding, it is top of class in terms of data aggregation, hence would yield the best traffic flow information making it the Facebook of the roads. The data element is something the competing Chinese EVs will never gain access too as the US has been adopting a more protectionist mindset of its tech and innovations, with communications and chips being the clearest indicators of this. 

I am no Tesla Bull, but I see the market swing and a wave of buying back of TSLA shares coming sooner than later, and a segment of my portfolio will remain as runners to tap on the continued growth potential of the company. 

 BTW, I shorted TSLA mostly, and only switched to long due to its overbought condition late in the market hours. 

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

  • pixiezz
    2023-04-24
    pixiezz

    Musk doesnt have time to be CEO of Tesla. He has more at stake with SpaceX. Investors will flee in mass if he doesnt step down or put 100% of his time into Tesla.

  • zinglee
    2023-04-24
    zinglee

    Tesla's share of the electric auto market in California fell from 72.7 percent in the first quarter of 2022 to 59.6 percent in 2023.

  • wigglyz
    2023-04-24
    wigglyz

    Retail shorts always wait too late to close and will give back all their early gains on the TSLA rebound to higher ground!!!

  • frosti
    2023-04-24
    frosti

    Once PE and VC money run away, this is going to be difficult to hold up any longer.

  • nimbly
    2023-04-24
    nimbly

    This week will be a disaster for Tesla shareholders.

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