Your 174 call is looking better by the hour though! haha I'm even looking at 163 as an adding point. He's definitely tanking it on purpose.There are any number of metrics he could have rattled off that would have given positive spin and saved that decline,instead he says 'we dont have a crystal ball'.White collar crook genius.
Semp when I wrote that, my chart was showing lower, but I gave it (it being TSLA) the benefit of the doubt. $160's is probably better. But we'll see. It is TSLA afterall. It might be $300 next week.
I'd like to think he'll be happy with a 33% discount,throw some billions at it and get back to work but he's unpredictable at the moment.
12 month v shape is interesting but it would be Musk that takes us there and I dont think he will go that far. Never know of course.See what happens.He may well want a 50% discount.May want to burn it to ashes and buy it for nothing.Time will tell. He's still working hard on it I see(poached from Nighthawks earlier thread): Elon Musk said Chinese electric car makers will find “significant” success outside of China, even as his auto firm, Tesla, faces intense competition from these same companies. “Frankly, I think, if there are not trade barriers established, they will pretty much demolish most other companies in the world,” Musk said. Automakers including BYD, Nio and Xpeng have expanded sales outside of China in the last two years, looking to take on established brands https://www.cnbc.com/2024/01/25/elon-musk-says-chinese-ev-makers-will-demolish-other-companies.html