Tesla won't reach 300
300? I'm afraid not. Don't get me wrong, I love Musk and think the Cybertruck is awesome, but the realist in me thinks this stock will likely drop some more.
It's just economics, I think to get to $300, Musk will have to report really good numbers and I hate to say it but Tesla's really money makers are the boring electric vehicles that aren't that interesting to look at compared to the Cybertruck but are cheaper to produce and more practical, affordable and above all easier to mass produce.
Tesla is an auto company at the end of the day and while it's doing amazing things and making awesome vehicles it needs to put out more boring average vehicles that can be sold in large numbers than and only then can the stock rally enough for you and I to actually afford a Cybertruck assuming you can get your hands on one!
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- Joshicebing·2023-12-03低过200LikeReport