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[quote=Anonymous] I owned TSLA awhile ago and made a lot on it. Sold it fairly close to its peak. I just recently bought a bit of TSLA when it dropped because I knew something would be done to spike it up again, but I just sold it for a short-term gain (It was in a Roth IRA so I'm not worried about ST capital gains). I've lost all confidence that it should be valued as anything but a car company. The price drop was a good move, but that will eat into margins--and already Ford followed suit and is a cheaper entry point. And the build quality of Teslas kind of suck so when people actually touch them compared to another electric car, they just don't feel as well made. I just don't see demand lasting under competition in ways to justify their valuation. I could of course be wrong--but I feel like I've already squeezed the value of TSLA stock that I'm going to get.[/quote]
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