I look at a Tesla stock chart and wonder if it will fill soon fill the Gap that it made in Early - Mid November.
The chart looks ugly..........so I would say the gap is in play. I rode it up from 300 to 400...sold half... in hindsight should have dumped it all. will have to pick up more if it gets down the gap level.
Its still trading at an insane valuation for a company that doesn't make much money and isn't growing. The value of the company is largely based on the cult of Elon and the fact he runs the USA. Obviously stocks don't really care about fundamentals anymore, but if people do start caring there is more downward risk for tesla.
Yea, I am about to the point where I may have to actually look at my 401K which is sad as it's been doing great the last decade
If the stock were to trade on what the company is actually selling (cars) and making money on currently and in the near future..it would trade in the 100s. The growth story (which was supposed to be 50%+ YoY?) is flat and ..possibly negative. But bOtZ and fSD = hopes and dreams = pie in the sky valuation. Why exactly did the stock double in a month just because Elon was friends with Trump? Hopes and dreams. As long as there's enough people to believe in the cult, the stock will go back up.
$TSLA Key Statements by Elon Musk on Tesla’s Growth (2020–2025) 2020: 50% Annual Delivery Growth Target Claim: In early 2020, Musk suggested Tesla could achieve a 50% compound annual growth rate (CAGR) in vehicle deliveries over a multi-year horizon. This was reiterated in various forums, including earnings calls. Context: This came after Tesla delivered 367,500 vehicles in 2019, with Musk projecting sustained growth as new factories (e.g., Shanghai) ramped up. Fact-Check: 2020: 499,550 deliveries (36% growth from 2019). 2021: 936,172 deliveries (87% growth from 2020). 2022: 1.31 million deliveries (40% growth from 2021). 2023: 1.81 million deliveries (38% growth from 2022). 2024: 1.79 million deliveries (-1% decline from 2023). 2024–2025: 20–30% Sales Growth in 2025 Claim: In October 2024, Musk forecast 20–30% sales (delivery) growth for 2025, tied to a lower-cost vehicle launch in mid-2025 (per earnings call reports). Context: After 2024’s -1% decline (1.79 million vs. 1.81 million in 2023), Musk emphasized cost reductions and new models.
didn't know you read charts my 2 cents on the chart; TSLA will close the gaps, created by trading actions in Oct/Nov 2024 one started just above 255 one that started just above 210 while the fear / uncertainty over Trump's tariffs lingers, it is likely TSLA will dip below 210 so far today, trading ~~ 284, TSLA is up ~~2, don't let that fool you, it is due to short covering. perish the thought, but there is another gap, in the 139 - 160 range, created in May 2024
In that instance, I was looking at the potential actions - movements in price and not at its business prospects going forward. In some of the businesses that Tesla is operating in, there are other companies with or potentially with technology comparable to Tesla. China's BYD beefs up autonomous driving credentials with new unit, hiring spree (May 2023) SHANGHAI/BEIJING, May 17 (Reuters) - BYD Co Ltd (002594.SZ), opens new tab, may be China's biggest electric vehicle maker by a country mile but it knows it lags rivals in autonomous driving, and has set up a new division and embarked on a huge hiring spree to rectify that shortcoming. Between 4,000 and 5,000 software engineers have been hired recently, BYD senior vice president Stella Li told an investor forum this month when quizzed why the automaker was behind in automation and intelligence technologies. "We are not ahead of others but we will come up with various types of innovation in two to three years," she said according to a transcript that was confirmed as accurate by the company. Current BYD recruiting advertisements for engineers specialising in autonomous driving that target top Chinese universities such as Zhejiang University, indicate that the hiring is ongoing. BYD set up an intelligent driving research division in Shanghai last year, according to three sources with direct knowledge of the matter. Previously, engineers working on autonomous driving had been scattered across various parts of the company and the new division will bring more focus to BYD's efforts in high-level automated driving technologies, they said. The sources were not authorised to speak to media and declined to be identified. The automaker, which is 9.87% owned by Warren Buffett's Berkshire Hathaway Inc (BRKa.N), opens new tab and had some 660,000 employees as of April, declined to elaborate on its autonomous driving strategy. BYD sold some 510,000 pure electric and plug-in hybrid cars in China during the first quarter, accounting for nearly 40% of sales of such vehicles and nearly four times more than Tesla Inc. Most of its cars are currently equipped with Advanced Driver Assistance Systems (ADAS) developed by Bosch. By comparison, rivals like Tesla, Xpeng (9868.HK), opens new tab, Nio (9866.HK), opens new tab and Li Auto (2015.HK), opens new tab have developed their own automated driving features that are more advanced and can, for example, allow drivers to cede control of the car when on highways. BYD has also this year teamed up with autonomous driving chip technology firms Nvidia (NVDA.O), opens new tab and Horizon Robotics (RBOT.TO), opens new tab, saying it wanted to develop more intelligent vehicles. Nvidia's Orin, one of the world's most powerful autonomous driving computing platforms, will be used in its next-generation Dynasty and Ocean series of cars, the companies said. Both are high-volume models and further advances in BYD autonomous driving features would popularise the technology within China. Horizon Robotics' Journey 5, a lower-cost alternative to Orin, will be used in BYD's Han sedans in the second half of this year, according to one of the three sources. That will help equip the model with new features that are on par with Tesla's Navigate on Autopilot, the source added. Founded just 28 years ago in southern China, BYD has outdone rivals in electric vehicles by employing a high level of vertical integration, developing and manufacturing batteries and other key components on its own. ________________________________ There are similar writeups out there about companies pushing hard in the areas of Robotics, AI and related Tech that Tesla is involved in. Does Musk hire smart people to work on his various Tech projects? I have that as likely to be a Yes. Does Musk hire All of the smart people to work on his various Tech projects? I have that as likely to be a No and that is what some people overlook when evaluating Tesla versus their competition in various segments of the Tech Universe.
on Wed, when AAPL was trading ~~246, decided to place a bet on AAPL stock price going down, that AAPL will trade below 230 by the close on 3-21-2025 sold a bearish CALL spread---covering a 15-points range---using the 3-21-2025 expiration buy to open 230 strike CALL sell to opend 245 strike CALL collected a premium of $6.5 in advance for a premium of $6.5, i am willing to assume the risk of $8.5 (15 - 6.5) on 3.21-2025 should AAPL closed below 230, i get to keep all the premium should AAPL closed above 245, i am obligated to pay the other side $15 once Trump made the tariff announcement yesterday---dropping the stock price of many, including AAPL--- this bearish CALL spread has become in-the-money
Yeah, not saying I'm smart, but would advise: lock it in. buckle up. Can put ongoing and new contributions into the market. That will help you either way, barring a depression.
It's sitting right at the 200D MA...so who knows. maybe it will bounce up from here. Until tariff fears are alleviated, the markets going to keep dipping.
Well, not just tariffs. About 3 million people work for the federal government. Basically all of those people are going to go into vastly reduced spending and more conservative investing. People who may know or depend on those people will also get more conservative and less likely to spend money. Same goes for a vast array of 2nd order people in contracting firms or sectors (like defense) who heavily depend on government spending. I mean, I'm in higher ed and have read the trends and planned accordingly. It ain't just tariffs poking a bear market, I wouldn't think, but we'll see.
