cpeiying
2023-02-28

Good one

@highhand：
$Tesla Motors(TSLA)$ investor day is coming! Elon musk is excited about Master Plan 3. The path to a fully sustainable energy future for Earth will be presented on March 1. Maybe a $25000 car and new factory locations? With all the recent rally, Tesla's stock price has reached a resistance at 200 +/-10 in the last two weeks. I would say this price gives a reasonable entry point for those interested in Tesla. The current PE at 54 is lower than some big techs such as $Amazon.com(AMZN)$ , $NVIDIA Corp(NVDA)$ , $AMD(AMD)$ . The AI hype has pushed stocks such as $Microsoft(MSFT)$ and NVDA up, but I don't think so for Tesla. I guess Telsa's AI humanoid Optimus is probably not as fancy as ChatGPT. Anyway, if you prefer an entry at a lower price, 170 looks like a region of support. As I mentioned Telsa's investor day is coming 1 Mar. Would everyone who had bought the rumor, start selling the news after Elon reveals big plans for Tesla's future? Stay tuned to find out. Berkshire Hathaway has recently released it's Shareholder's Letter. Apparently, Berkshire's cash hoard grew to $128.651 billion in the fourth quarter of 2022. That's up from nearly $109 billion in the third quarter. A cheeky question came from Twitter asking what stocks should be bought with all those cash. A thick-skinned Elon naturally suggested a company starting with "T". Sadly, Tesla has a maverick CEO that is too exciting for Buffett or Munger to invest in. Their preference is for a company that is more mundane like BYD. To wrap up, there's lots of excitement over Tesla despite the volatility in the last few months when the stock plunge to 100. I seriously doubt the stock price will retest such lows, unless there's a black swan event. With every quarterly earnings, there's clear direction that the company is still growing and expanding its products. Current consolidation at 200 is good for the stock, so let's keep an eye on where's it's headed in the next few months. @TigerStars @MillionaireTiger @CaptainTiger @Tiger_chat
$Tesla Motors(TSLA)$ investor day is coming! Elon musk is excited about Master Plan 3. The path to a fully sustainable energy future for Earth will be presented on March 1. Maybe a $25000 car and new factory locations? With all the recent rally, Tesla's stock price has reached a resistance at 200 +/-10 in the last two weeks. I would say this price gives a reasonable entry point for those interested in Tesla. The current PE at 54 is lower than some big techs such as $Amazon.com(AMZN)$ , $NVIDIA Corp(NVDA)$ , $AMD(AMD)$ . The AI hype has pushed stocks such as $Microsoft(MSFT)$ and NVDA up, but I don't think so for Tesla. I guess Telsa's AI humanoid Optimus is probably not as fancy as ChatGPT. Anyway, if you prefer an entry at a lower price, 170 looks like a region of support. As I mentioned Telsa's investor day is coming 1 Mar. Would everyone who had bought the rumor, start selling the news after Elon reveals big plans for Tesla's future? Stay tuned to find out. Berkshire Hathaway has recently released it's Shareholder's Letter. Apparently, Berkshire's cash hoard grew to $128.651 billion in the fourth quarter of 2022. That's up from nearly $109 billion in the third quarter. A cheeky question came from Twitter asking what stocks should be bought with all those cash. A thick-skinned Elon naturally suggested a company starting with "T". Sadly, Tesla has a maverick CEO that is too exciting for Buffett or Munger to invest in. Their preference is for a company that is more mundane like BYD. To wrap up, there's lots of excitement over Tesla despite the volatility in the last few months when the stock plunge to 100. I seriously doubt the stock price will retest such lows, unless there's a black swan event. With every quarterly earnings, there's clear direction that the company is still growing and expanding its products. Current consolidation at 200 is good for the stock, so let's keep an eye on where's it's headed in the next few months. @TigerStars @MillionaireTiger @CaptainTiger @Tiger_chat

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment

  • Top
  • Latest
empty
No comments yet