TSLA currently trading at 14x sales and 120x earnings. Wrong as it usually is to fade momo, still might want to keep this in mind. FWIW...
US, Japan going to the moon with SoftBank $100 billion and 100,000 jobs goal. Small business confidence up 41% because of Trump. Dems wanted the US to suffer a stagflation death.
I'm shocked by this move to be honest. I have read a few things that some people think FSD is moving along nicely, but just a few days ago, there was this good hit piece from the WSJ, but I'm not sure if any news media is supposed to be taken seriously these days. I really don't believe that FSD is anywhere close to being solved, and the vision only system will show limitations. But because the Trump pump is so strong, and perhaps because Trump will slash regulations, Tesla will be allowed to kill more people without any oversight. There is all this talk about remote operation, as if a human driver will be driving the cars remotely, like they did with the robots at the event, but how this helps FSD I have no idea. But hey, its getting people excited so they are buying, and this also helps crush the shorts, so its no surprise to see this squeeze higher.
oh well it will just mostly be low-income people walking that ride subsidized mass transit that drains the taxpayer.
Everything is just going to the moon.....these markets are at extremes. The fomo is just literally insane. Buffet indicators screammmmmming sell Extremely overbought conditions.. Lucky I bought that tech fund earlier this year, the fucking fund literally prints money day and night. It literally just prints money. Every stock is printing money. Reminds me of the dot com bubble. Oops. Wait ...this time it's different...
Hello Scataphagos, I been long and strong Telsa for a long time now because the USA will not allow competition for Elon Musk and Telsa. The USA likes Elon Musk and wants him to win , so I am Long and Strong Telsa once I found out this out years ago. I always go with USA direction and win, that is the only way. If America likes you, you will be rich. If America do not like you, you will be poor forever. If you fight against America, you will lose. Telsa not going anywhere. To the moon. I do not own a Telsa car and never ever will in a millions years. Just want to get rich, fast as I can. Also Elon was hanging out with my buddy Donald Trump at the Army game. So you know Donald Trump will take care of Elon Musk. So everything is all good with Telsa for 4 years, enough time to make some money on Telsa. I am VERY happy Donald Trump is back in office, he wants people to be rich. Very good man.
Now all the analysts are literally running in to slap buy ratings on tesla, Here we go again! A few months ago no wanted tesla....now people are literally jumping in as once again fomo regains momentum