Ericdao
2022-10-19

$Tesla Motors(TSLA)$ Sell I'm still bearish on this counter. Elon might still talk up his company with his loyal followers. Mkt sentiment improving, tesla could move down but push up high again to squeeze out short. I'm would choose to skip this counter rather than to take risk during this reporting season. Once mkt sentiment turn, it's time to go short on this counter again. With US dollars going up, slower economy, thìs will definitely bite into their earning later. Elon had also used tesla to speculate on bitcoin which had made a substantial loss, now the twitter saga will force him to liquidate more tesla. The only plus is everyone is going green, so tesla will potentially benefit from the green subsidiaries given. 

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Comments

  • WalterD
    2022-10-19
    WalterD
    Will $TSLA earnings surprise us? $250 by this week. 🙌
    • WalterDReplyEricdao
      i agree with you, just stay from this stock
    • Ericdao
      U will know soon. Unlikely to surprise but Elon is good at speculating, he might do something to avoid the  plunge. He may even come out with fake results. So I choose to avoid. Wait for the storm to pass first
  • JesseRW
    2022-10-19
    JesseRW
    Bears love to talk about the P/E but the fact is Tesla has a similar or lower P/E than many companies that are growing at a much slower rate.
    • JesseRWReplyEricdao
      Ahh. I just take it as a reference, never mind
    • Ericdao
      Whose talking PE here? [Facepalm] [LOL]
  • Meet0
    2022-10-19
    Meet0
    I will hold $Tesla Motors(TSLA)$ for next 8 to 10 years
    • Meet0ReplyEricdao
      wow, haha, this is so interesting
    • Ericdao
      Okay. By that time, u will hold  another 10. Anyway, we will forget each other by then [LOL]
  • Ericdao
    2022-10-20
    Ericdao

    As expected, Elon will try to talk up tesla. With share buyback, it will delay its plunge. Company is still not doing well, this buyback is a desperate move. Be prepared to see more downside 

  • DIMCO
    2022-10-19
    DIMCO
    I have been Holding for a while now, but the market dynamism is getting me really uncomfortable, i really need some help deciding. 🙏😔
  • YTGIRL
    2022-10-19
    YTGIRL
    TSLA is doing a Wilt Chamberlain rebound for the rest of 2022. Good luck TSLA investors!
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