https://finance.yahoo.com/video/jpmorgan-reiterates-underweight-rating-tesla-153104624.html With PE of 50+, severely reduced margins, weak macro environment, Competitors ramping up (EV share down to 65% in 2022), Tesla will soon be at 120 levels as JPM expects. Elon simps who bought recently at high price, this is your opportunity to offload before this train becomes a wreck For Tesla fans, more fun news. Imagine what happens when BYD comes to USA. (It routed Tesla in the China market) https://en.byd.com/auto/
Post short position or gtfo
Will buy below 90 long term. Lucid also looks like a good bet
The saudis seem to want to dump buckets of cash onto it, even though I’ve read they have negative margin per car until they scale 2x
Yeah but their battery is the future
Short it then
This is tasty
Go long on tesla. They haven’t even started monetizing some of their big investments. In 2 years their super charger network will be close to 30% of their total profit. They also have the most data from their cars.
Tesla is overvalued, but if you expect a correction in 2 months, you could burn your hands. If you have so much conviction, buy some Put options to put your money where your mouth is.
Fcuk Meta
lmao
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Almost thought you were sarcastic. I have been seeing these kind of “Tesla apocalypse” expert advices from more than a decade at the least. Yes Tesla is doomed if that’s what makes you happy lol
If you have looked at the share prices since last year, yes Tesla apocalypse experts were not entirely wrong
So all EV companies are doomed? Amzn too?