Is $TSLA a buy here?
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Anonymous
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Please keep your TDS and your irrational hatred of Musk out of this. But the stock is down 48% from its all-time high!
Even if you acknowledge that Musk has alienated many consumers, he may just as well bring in many new customers (Republicans have bought EVs at much lower rates than Democrats in the past). More importantly, over time, the best product tends to win. And with the possible exception of some of the Chinese EVs (which will never be sold in the US), Teslas are the best EVs in the world. While there have been some recent reports of lower sales figures, nothing about the product or business has fundamentally changed in the last few months to warrant a 48% decline in share price. And lastly, Tesla is not even strictly an automobile company anymore. They have lots of innovation in AI and other areas. I dunno, as someone who usually just buys index funds, I’m pretty tempted to load up on $TSLA stock. Thoughts? |
Anonymous
| No |
Anonymous
| Not if you have a conscience. |
Anonymous
| Even setting the moral component aside, Tesla has a lot further to fall. They just got caught committing widespread fraud in Canada to collect government rebates. |
Anonymous
| No. Musk is too erratic. If he left the company then sure. |
Anonymous
No, the blowback on Musk and to some degree Trump is 100% salient to this discussion. Tesla’s brand is now trash and that will permanently affect its stock value especially as institutional investors continue to unload it. I increased my puts position as the stock will only continue to decline. BTW, demanding to keep “TDS” out of the discussion is an automatically disqualifies your credibility as a poster. Anyone who uses that phrase unironically is clearly a knucklehead, not to mention someone who hates America and everything it stands for. |
Anonymous
| Nope. It’s only going to go down down down until the company is in real trouble. Unless Musk sells the company, it’s over. |
Anonymous
| I think it’s also important to consider the demographics of EV car buyers. An EV is great if you are a city driver going from garage to garage. If you live in Texas where your routine drives may be out of range for an EV, you wouldn’t risk it. |
Anonymous
| I don't like Trump or Musk but I can set those feelings aside. Are you able to set aside your love for them? Liberals buy electric cars. Liberals like me do not like Musk. Conservatives have made hating electric cars prat of their personalities. Who is going to buy a Tesla? Why do you think there's any upside at all? |
Anonymous
Tesla is a meme stock with no fundamentals. Panasonic makes their batteries. You are MAGA, so you absolutely should put all your money on TSLA. |
Anonymous
| Pass. I do not think it's capable of recovering. |
Anonymous
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I'd say it's a speculative buy opportunity. Leaving politics out of it, which many here seem incapable of doing, it's clear that Musk is a visionary businessman. His track record is undeniably impressive, his companies are leading edge in areas of potential unlimited growth, and have been successful. That doesn't mean his every business venture will succeed, or that the path to profitability will be linear and consistent, but I'd never bet against him.
The current political climate is affecting his businesses, adding an additional element of likely volatility, so investing now has to be characterized as speculative, at least in the near term. |
Anonymous
| No. Musk is going to run it into the ground. |
Anonymous
| I would buy at this price. |
Anonymous
| Another buy here. People are blinded by hate which I can understand. |