Few thoughts on $TSLA:
The average price target is around $220 and most of the street has a hold/sell rating. Plenty of room for upgrades and price target revisions. Earnings comps going into next year are going to be easy to beat after 2022 and 2023, those two years will be looked at as two of the worst in Tesla’s history. Interest rates are coming down which will make new cars more desirable.
He now has a direct line to the President who will surely give him an easy path to regulatory approval for FSD, robots, etc. and the removal of EV credits and “green” policies will crush other EV makers, not Tesla.
Really feels like everything is lining up. Chart, sentiment, narrative, earnings, etc. are trending upwards. There’s no reason to be short or bearish Tesla over the next 4 years.
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