While I read a lot of nonsense since the beginning of 2023 about TESLA's demise and sinking share price, I see today that if one bought at the low of 100 in early January they would be up 80 today. I'm still bullish at 300 sometime before the end of the year.
No they dont' have the supply chain and all that good stuff, being an island country. I don't remember what my last major household purchase was with Japanese brands. LG and Samsung being Korean, probably Uniqlo, if that is a valuable thing.
So you are going to completely ignore the fact Toyota is the number one auto company in the world all the while Japan has been and always will be an island. Note: I've never owned one so I "have no dog in this fight". But reality is still, in these crazy days, reality.
Please do enlighten us all about reality.... In yours, TESLA would have been bankrupt long ago and EVs would be nonsense. Reality, you say?
Really? I said that huh? Care to post a link? No huh? Amazing how you take constructive criticism (along with some non-critical posts that you misread) and spin a yarn in your head. Blame stoner Elon, not me, for your position being underwater. HODL = Holding On to Dear Life.
My first car was my uncle’s Toyota camery from 1980. It ran its course to 200k miles. Second car was a small Mazda, utilitarian, nothing special. Then there is Sony and camera makers, but mobile phones w will kill it at some point.
Looking from a Technical angle I wonder what the catylist would be? Since Jan I've been waiting for a higher high but we don't seem to be getting that. TSLA is in a down trend if you look at the weekly charts. A P/E of 53 translates to me that it will take 53 years to earn your money back. If I remember correctly you are an old fart and probably don't have 53 years left. TSLA is slowly losing it's first mover advantage. Every body and their dog is coming out with an electric car. TSLA has been dropping price. To me that shows a lack of demand. As far as I can see the only way that TSLA will get to 300 and then rocket to the moon is if you sell all your shares.