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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Hang on to it. All the FAANG and related tech stocks are hurting. Dont get caught up in Elon hating. Tesla is an outstanding car, and even though there are competitors, they lack Tesla's appeal. We onky drive Teslas now, other EVs just arent the same. The plaid x is the fastest accelerating SUV on the market, EV or otherwise. People looking for a fun luxury ride arent leaving tesla anytime soon. [/quote] Bad analysis. They were priced like an EV monopolist and that’s over [/quote] Agree with both you. Tesla is the Mercedes of EVs with no other on the horizon to take their place. However, they are priced like a monopoly which is no longer the case. By the time the stock market recovers and "risk-on" becomes the norm, Tesla will have too much quality competition to warrant the high valuations they commanded, unless of course their other projects pay off on the same scale as Tesla. Highly unlikely given Elon's inability to focus and the culture wars he's getting himself into. [b]His customer base for his future products are on the other side of the culture wars than he is and most would likely opt for a competitor than go with him, especially after Twitter and after 2024 (when he will be using Twitter in an openly partial way to support Italian Ron from Florida). [/b][/quote] This. He should have been crazy and quiet, that would have kept it all going.[/quote]
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