There's no such thing as true capitalist markets. There are markets controlled by large corporate players and markets controlled by governments. European governments decided that EVs would be the future of vehicles and the rest of the world seems to accept 2035 as the date after which ice vehicles will no longer be sold in modern nations. America is ambivalent but supply and demand will put that challenge to rest. Musk (for whom I have little patience) is entirely open to competition, if and when it comes. The goal is a sustainable future. Now why did you have to bring up a painful past?
I'm not trying to convert you into disciples of Tesla or Musk. Simply, Tesla: Built cars Built trucks Makes batteries, for cars, for homes, for power grids. Makes unique solar roof panels Is a registered electric company in the UK and Germany Built a grid level energy management application Build a computer chip that rivals the world's best Building a self driving application Operates an auto insurance business Building a lithium raw materials processing plant I'm sure I'm forgetting a number of other things Tesla is doing that no other business is doing. I decided to invest because it's so obvious.
TSLA has been called a EV car company, a software company an Energy company, I'm sure I'm missing others . The bottom is- it went from 100 billion ( i might be off on this number) to 1 trillion in a matter of 2 years-----all I can say is; CMON MAN
given most people charge in off-peak hours and electric comps have time of use rates, no, elec. car companies don't need to implement redundant gimmicks.
It didn't go up just 10x in 2 years, it went up about 25x. Congrats to those who caught most of that move, hope you took profits and didn't get greedy.
it's an energy storage company that dabbles in energy generation to gaslight investors for bailing out solar city. It's trying its hand in energy speculation which will be the easiest thing or other OEMs to follow if customers are willing to sacrifice battery life
You think Tax Loss selling and more Elon dumping? Obviously it's panic selling, I thought $6.15 on my $152.5 puts was good. I figured they would crush $150 after selling, had to step away. Bought some $149s for $4, thinking about dumping them.
According to Tesla bull Gary Black today is the last day elon can trade out of TSLA shares until 2 days after earnings, which report near the end of January. Getting him out of the market may give TSLA the respite it needs to mount a decent reaction against the bearish trend. But if the general market does what the general market looks to be ready to do, TSLA will get dumped along with the rest of the market.
I was posting when you posted this. elon is definitely selling more shares today. And he does it in such a ham-fisted way. He really does see himself as smarter than the rest of us. He isn't. He really isn't.