@Captain Ashford:I haven't touched Tesla and will continue to avoid it. The fundamentals are not compelling, and it's operating in an increasingly competitive market. Valuation is unjustified in my view.
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@HolyPlumchu:$Tesla Motors(TSLA)$ Elon Musk mentioned he doesnt want to make Tesla an AI company as he doesnt have enough control over it and needs 12.5% more ownership which is almost impossible given Tesla valuation. Hence imo the hype about Tesla as an AI company should die out. Even if it rallies I doubt it will rally big as I view it as a EV company only now which EV market is not doing very well atm with all the co.plains.. Will see what ia Tesla's direction for the future before going bullish on it. 190 seems like a nice point to buy the dip though...
@HolyPlumchu:$Tesla Motors(TSLA)$ Elon Musk mentioned he doesnt want to make Tesla an AI company as he doesnt have enough control over it and needs 12.5% more ownership which is almost impossible given Tesla valuation. Hence imo the hype about Tesla as an AI company should die out. Even if it rallies I doubt it will rally big as I view it as a EV company only now which EV market is not doing very well atm with all the co.plains.. Will see what ia Tesla's direction for the future before going bullish on it. 190 seems like a nice point to buy the dip though...