I also think with rates decreasing - people and markets in general will need to go more into equities. The Tesla “upside” is still very enticing with robots, taxis and all self driving tech etc. When and if these products ever come to market, who knows, but at least Tesla is pushing forward and investors want put $$$ into something that will be a homerun. The other factor is Musk benefiting from being so close to the new Administration.

I wish Tesla with come to market with more accessory products and more models, like a coupe based on Model 3 but with decent design a la Model S.
They could also easily make SUV version of CyberTruck instead of the idiotic truck bed that’s useless. These are easy ways to increase volume without significant R&D investment.

 

I get that, I held the stock since May or June 2020, sold half of it at $190 over the summer, and the other half around $252 recently. I don't know what the percentage it went up since then, but I made substantial profits on those holdings. Saw an opportunity to go back in last Friday and went back in. So if what you are saying is true and going forward there is less total opportunity, than I've already seen the "up side" in the profits I took

 

What I personally think is that they need a refresh of the S and X at the high end, and something just below the Model 3, which it looks like they are working on from the earnings call. A refresh of the Y IMO is going to be HUGE, already the current version of the Y is selling like crazy, I took my co worker to pick up his Model 3 last Thursday at the Tesla Fremont plant, and it was packed solid with people picking up their orders, and a huge lot full of Tesla's (mostly Y's) being loaded on trucks. The key for Tesla, again IMO is keeping the cost down, offering low APR, and other incentives like referral credits. And of course they need to continue refreshes every few years

 

Tesla could do a much better job and making people think their models are updated legacy auto does this constantly. A few interior tweaks, slight styling changes and they call it a refresh even an "all new" model. Tesla makes changes at any time on the production line but there is no way to know unless you are intimately familiar with the entire car.

For example Tesla should have done a mid cycle type refresh on the Y doesn't take that much effort and capital. In fact in China the Y did get a mild update but we'll never get it here.

 

This is true, my brother in law picked me up in his 2024 Y Long Range when I dropped off my Polestar Friday, and I noticed it had slightly better feeling suspension than mine, which is a 2023

 

it is their old way of thinking when they made 300k cars per year.

Now with trying to go beyond 2m, you need to appeal to current customers as well.

 

And now it's dropping like a lead balloon. Down over 6% today. Who saw that coming???

 

I did . I've already sold when it hit around $357 and am waiting to buy again when it's closer or hits $200

 

Interesting. You are a bit more like a day trader in certain regards. I don't know that I've ever sold a stock that falls into the short-term cap gains category. I don't want to take a 35% hit on my profit, so I tend to just hold. I'm sure I'd always buy and sell at the wrong times, so I tend to buy things with the intention to hold them for long periods of time, through thick and thin (with some exceptions). I watched my CRWD tumble like 30-40% and still held it. Now I'm back up like 15% overall.

 

I'm normally not, I hold long term, but I was up $58, and sold. Made about $11 and some change . I'll pop it back in when it goes down again, this time I'll hold long term

 

I did the day trading thing for about 4 years lost my nerve for it don't want to push my luck I had good success with RIVN, LCID, COIN, PLTR and a few others. Now I just buy the dip on Tesla and hold.

Coinbase is the shortest I've ever held a stock bought on IPO sold about 10 minutes later. If I'm not mistaken my sell price was higher than the stock has ever been since.

 

I promise, no more day trading. I'm waiting for the next dip, will buy and hold. Scouts honor 😁

 

If Tesla falls to around $200 again then I don't understand the stock market at all.

 

Tesla stock doesn't always follow the rules. I doubt it will hit $200, but it may drop to the lower $300 range. Lot of profit taking going on

 

“The market can remain irrational longer than you can stay solvent” --apocryphal, often credited to John Maynard Keynes