I made the case that $Apple(AAPL)$ & $Tesla Motors(TSLA)$ sit in the same space on the AI roadmap.
Clearly the largest consumer ecosystems in the world, but lack products to offer them which boost margins/revenues. AI rollout right now favors value creation at the chip makers & enterprise solutions levels, hence NVDA, AMD, $Meta Platforms, Inc.(META)$ and $Microsoft(MSFT)$
I also mentioned that in terms of price, TSLA and AAPL have the SAME monthly charts, TSLA just has greater range/volatility. AAPL is 2 mths behind TSLA and could travel the same path. TSLA is dead to me <189;
AAPL while <181. Bounces need to see higher mthly highs, see lost supports/MAs retaken. The AAPL bounce at the mthly 20ma is not unusual, certainly not rotation. The bounce sets up the backtest of the lost 181 support.
TSLA weakness is not (only) an Elon thing; AAPL has the same hurdles. Likely to resolve in 1-2 yrs as AI becomes more powerful, less energy demanding at the hardware / consumer product level.
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