Tesla Stock Looks Ready To Break Out
Tesla Stock Looks Ready To Break Out
Their competitors are essentially two car companies. One is traditional and profitable, but slowly dying off. The other is new and unprofitable, and going to slowly destroy their traditional business, and eat all its profit. Further, they have legacy union workers that won't let them abandon dying business models until take down everything with them.
Tesla's FSD is probably worth as much or more than many of its competitors. And so far, those competitors have indeed adapted to Tesla's features, such as their charging systems, as their own were not good enough.
We are in solid correction. Q 3 400.
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