Not exactly a surprising viewpoint…

 

Tesla is the worst performing stock in the S&P 500 this year, down 33% when the broad market is up more than 10%, so I'd say you'd better hope he has some ideas beyond robotaxis.

Anyways, I'm not a holder in it, or a short seller (my days of short selling are long past), so good luck to ya.

 

Lol only in the last year, over 5 years it's up 824 percent. I definitely wouldn't hire you as my financial advisor. No offense

 

This is a great opportunity. Another round of millionaires will be created by Tesla stock...

 

Thank you. Now you I would hire

 

Look in the forums about roof tiles....people are waiting years with no updates. Tesla solar roof tiles which is imo great, the upfront cost vs getting a new roof + regular solar panels is much more expensive. Not sure it's worth it nor will it generate much revenue. They will make a lot more on their regular panels and power storage. I personally would much prefer the tiles but I wouldn't spend 40k more for it.

Optimus ....hard to say right now. Other robots seem to be much more advanced vs Optimus, lets see if Tesla is able to catch up.

What's taking so long is Tesla is still unable to produce them apart from the initial deliveries to Pepsi. Why exactly I am not sure. However, they have been working on it since 2017, to have only a 100-200 produced since then....the opportunity cost imo is way too high. As mentioned, they could have spent have spent less half the time and resources creating a Maverick sized pick up based on the Model Y. I bet it would easily outsell the Model 3 if it existed.

CT have millions of orders, orders that cost $100 to reserve. Lets see how sales goes, I have mentioned in other threads that I don't believe it will do well. I would be shocked if they sell over 100k per year at any point. Even 75k per year would still be above what I expect per year.

 

Seriously anybody who bets against Tesla stock is making a losing bet, the question is where is the floor...I don't think we are there yet but we will see $300 Tesla stock again.

 

$14, according to this bear who has been shorting it since 2020

https://www.cnbc.com/2024/04/03/tesl...-worth-14.html

Short interest in the stock has also grown.

 

$14 is totally absurd lol. He's lost a ton of money shorting it since 2020!

 

so you're buying it right now?

'again' may be a long time off.

 

I've been holding since 2020, if I have to hold longer, not a problem. Just one question to those that have any doubts...if you've been holding for the last 5 years and you are up over 800 percent, would that be considered a bad investment? Not in my book. Or maybe I'm just not greedy enough

 

No, I don’t think it’s at the bottom yet.

It may be a few years, they need their next big thing. It will get there though.

 

One thing I 100% won't do is take financial advice from the EV skeptics on CL no offense but if I had back in 2017/2018 I would be living with massive regret.

 

Actually he shorted at $233.94, end of 2020 looks like, so he is doing ok. Obviously, he wasn't deterred by margin calls since then.

I actually became interested enough to look at why the stock is not doing well.

It's because gross profit margins have fallen and revenues flattened since 2023.

https://cnevpost.com/2024/01/25/tesla-margin-slips-new-ev-h2-2025/

Thus, they are thinking the p/e of this stock is a bit high for a company that is not actually growing.

 

i agree.

i agree with this too. tesla has massive potential from here.

exactly right... when a stock is priced for 'expected surprises' on the upside every quarter, any glitch in that trend can cause a big drop and that's just what we've seen.

my guess is that it will go below $150, maybe closer to $100 before the next breakthrough. of course i could be wrong and with elon's sacred august 8th robotaxi unveil announcement it could shoot up over $200.