You really ought to link to your source, or at least name them. Why is this article trash? Well, here we go: 1. While the US is a laggard, key states within the US are mandating alternative energy vehicles by 2035, including California where EV adoption is on par with Europe (16%). 2. There is 1 charging station for 3 gas stations today, but they are unevenly distributed to meet areas of demand. https://www.weforum.org/agenda/2022/11/ev-charging-stations-across-the-us-mapped/ Of course, this doesn't consider home charging which can't be done with ICE vehicles, yet represents a key advantage in suburban America. 3. The article has clearly been paid for by the oil industrial complex (oil companies, gas stations, auto and parts manufacturers and repair shops) to appeal to the states that depend on oil for their economy and tax breaks. But with half the states shutting down gas stations and repair shops, it will be interesting to see how pump prices, or prices of ICE vehicles (who depend entirely on suppliers) will be affected when half the vehicle park has switched to EV.
so all u fellas are posting news. i thought we are all traders here....as of today 6/6/23 what does tsla stonk chart tells u guys? give me your stonk chart analysis for tsla as of today 6/6/23...are the technical good, bad or no go for u guys and give me your reason. i go first...here is my stonk chart analysis for tsla as of today 6/6/23...what u think guys? go or no go for going long on tsla as of today 6/6/23?
I recently posted a detailed article by Seeking Alpha that provides their reasons for being bearish on TSLA, which I countered. I don't know how long their projection is to be considered for, but so far their followers missed out on a near 10% rise in share value.
Not an advertisment, charging point (CHPT) has 31,000+ locations in US, and growing fast. They did a SPAC to go public, I will admit they are not making money for now, just constantly expanding their location. https://driver.chargepoint.com/mapCenter/37.488739553662704/-118.99898983846884/6
In addition to Seeking Alpha's nonsense, I believe Seikio and SunTrader posted pretty graphs showing projected impending doom for TSLA, which I dismissed. There's no time stamp on their predicted drop which, I assume, is so they can say ” I told you so!" should the share price drop again significantly in the future. In the meantime, it's rising, thank you very much.
LOL which posts of mine was that? You turn everything I post as TSLA collapsing when all I point out is how-overvalued it is and lately becoming so again. I state once again in no uncertain terms - Tesla makes money, gobs of it. Should it have an above average valuation - absofackinglutely. Is it worth what is it currently priced at? Yes but only because fools/fanbois are overpaying. Happens a lot with ignorant small investors and some big ones too. But it's never pretty when the party ends - like going from $400+ to almost $100 even. Wait for it ... again.
Do we need to go back to our pretty graphs showing F and GM tanking right around the same time as TSLA (and the rest of the market) did? You obsess over Tesla so called overvaluation despite continuous growth and diversification over the last 3 years we've argued about it. Of course, you'll never admit your analysis is wrong, so you're just waiting for the next market crash to ”prove" you were right.
Overvaluation taking into account growth and diversification. And it was the market, not me, that cut price by 3/4. Take it up with "them".