Ok so they gain in India and maybe surrounding region to capture market share (which if anything will further compress gross and net margins - likely much lower retail prices), but if worldwide EV sales growth rates continue to moderate what then?
I don't think I would be profitable trading options with the commissions, spread and I find the entire idea of time decay offensive. I missed the 154 handle this morning because of work or it would have been worth some kind of bet long.
you want to be in at the right price, not asking you to trade options. sell at whatever price you want to enter, or you do a pelosi trade.
I would contend this quote is 100% wrong. The way to drown in trading is to do what everyone else is doing. This idea seems patently obvious to me. When people are talking like Tesla is going out of business I am looking to take the other side of that, at the right price. The best part of trying to catch the high or low tide is it is really obvious when you are wrong. You don't delude yourself with riding out a loser, you just get out. I kind of expect to be wrong most of the time so it is easy to just get out. The way to really drown is to expect and believe you are right.
Huh who? What credible person/entity is saying that? But why didn't you buy @ $400, $350, $300, $250, $200, $190, $180, $170, $160 so far? Or have you already like Vic? Once one buys a stock they have a bias, they obviously believe the price will go higher. Otherwise they would, or at least should, exit. If you have a long bias ... go long. But I will continue to post unbiased, based on current reality or as it changes, Tesla facts. And those point to still lower prices getting its PE closer to what its bottom line numbers call for. Though its your money .. to lose.
“Tesla Asks Investors to Approve Musk’s $56 Billion Pay Again Company also calls vote on moving incorporation to Texas Tesla chair criticizes Delaware court that voided CEO’s award Elon Musk Photographer: Etienne Laurent/AFP/Getty Images By Dana Hull and Anders Melin April 17, 2024 at 3:38 AM PDT Updated on April 17, 2024 at 4:39 AM PDT Tesla Inc. asked shareholders to vote again on the same $56 billion compensation package for Chief Executive Officer Elon Musk that was voided by a Delaware court early this year. In its proxy filing issued Wednesday, Tesla also said it will call a vote on moving the company’s state of incorporation to Texas from Delaware. The carmaker will convene its annual meeting on June 13.” https://www.bloomberg.com/news/arti...sk-s-56-billion-payout?embedded-checkout=true