$Tesla Motors(TSLA)$ I can't seem to help myself posting about this stock, even though I WILL NOT join the party. Actually i mite, but it will be buy buying $The ETF(MAGS)$.

I think i need to invent a new category of stock. Im calling them Teflon stocks, and tesla is definitely one. Why? Cause sometimes a teflon pan cooks a great steak and everyone applauds. If you burn stuff in a teflon pan, nothing sticks. 

Lets face it, tesla has had some really bad juju recently with falling sales, recalls, insane pay packages for Elon, director appointments that are... interesting. Broken goal after broken goal. New goals that just don't seem 

to stack up. But who cares right! I mean tesla pulled back a bit, but not significantly, and now one bit of reasonably good news has pushed it to $220. Nothing sticks!

Telsa defies the laws of physics, no wonder Elon created spaceX. Can't wait for Elon's next tweet that just says Newton was wrong, theres a fourth law of physics... and its me. Hmmmm maybe i should copyright that. ;)-

Now theres an analyst saying tesla to $300, and i say why not. Never in my history of investing have i been so wrong as i am currently with tesla. I was more like tesla to sub $100. 

I guess if you read my post from yesterday about tesla you will get my synopsis that tesla is just to big, and has a bottomless wallet so it can't fail. And I don't want it too either. If Elon actually delivers on his dreams the world will be a very different place and we will be ordering a starbucks coffee on mars. But then there is the little devil on my shoulder that says the bigger they are the harder they fall.

So why won't i join the tesla party? Because to me i really dont know with any degree of conviction, what will happen. $100, $300 i dont like casinos. To me tesla its like putting it all on red or black. 

I get heaps of views and likes when i post about tesla. But i would really love your thoughts on what im talking about. So please comment guys and gals, and thank you all for the follows, been here two months now as an active trader and just broke 200 followers, thank you all

Oh interesting, while i was writing this post two interesting bits of news came out. First an Elon tweet saying short sellers in tesla will get smashed, then news that cathy woods has sold millions of tesla stock. Thats the devil on my shoulder. The bigs pumping the stock so they can get out prior to the impending train reck. Watch this space i will@Tiger_chat @TigerWire @Tiger_chat @Meme_Tiger @SPACE ROCKET 

Modify on 2024-07-03 13:54

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  • when iPhone came out, everyone wants it, so it wipes out Nokia, blackberry and Motorola etc. and it is the biggest company in the world now. now tesla comes out, Toyota, gm, Ford, no one can't compete, so I'm not sure why you think it's a sub 100?
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  • dimzy
    ·07-04

    Well TSLA really needs to maintain. Don’t be a flash in the pan

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  • Pleh
    ·07-04
    Ark selling Tesla is to balance their portfolio and make a quick buck, nothing wrong but the news isn’t complete so some might get the jittery
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  • SRF
    ·07-04
    tsla is not a sane type...
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  • zippyzo
    ·07-04

    Well we should have more faith

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  • wavyloo
    ·07-04

    NVDA yesterday, TSLA today

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  • squishx
    ·07-03
    Interesting analysis on $Tesla (TSLA)$
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