Well, with the earnings call coming up you're advising people to loose money. Tesla is a growth company with no growth, actually dramatically decreasing sales from realistically just two models that are over 90% of all sales.
Their sales plunged in the whole world, about 20-25% in their core market US and China has economic problems on top.
No alternative revenue increase to justify the totally overhyped multiplier and once again adjusted EPS is expected to come down (maybe even as hard as sales?).
So please people, don't buy right now. If you believe in the long term and want to buy the did, wait after the earnings call plus a couple of days.
It will be a blood bath, don't throw your hard earned money out of the window.
Consider $NVDA or $MSFT as some cheap AI stock right now (if you want to invest now).
Tesla: Don't Panic And Consider Buying The Dip
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- CarterSilas·04-07You make some valid points about the challenges facing Tesla.LikeReport
- chipzzy·04-07You make a fair point.LikeReport