Reply to Is $TSLA a buy here?

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Reply to "Is $TSLA a buy here?"

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[quote=Anonymous][quote=Anonymous]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?[/quote]

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. [/quote]

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