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Reply to "Is $TSLA a buy here?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote] Anonymous wrote: The fight is going to be long and tough so if you have Tesla stock you need to hang in there for the long term. Electric cars and solar are the future. It has been very successful so far and a few quarters of decline in sales are not going to be the end of the world for it. The stock market is fickle. Look Tesla is not competitive EV car wise with the new stuff on the market. The Chinese beat Tesla on price, quality and innovation right now. The cars coming out in the next two years have 5 minute 85% charging, 1,000 mile range and will cost in the $15k-$20k. No western car manufacturers can compete. The US consumer pays $20k-$30k US manufacturing “tax” on new cars. Trump and the Republicans recognize these facts and conceded the EV race to the Chinese(also all green energy- solar, wind, wave, geothermal, nuclear, etc). This is why they are just subsidizing oil, gas and ICE cars. Trump BBB budget will force the closure of US EV plants and battery production. Tesla will lose its regulatory credits. Under Biden companies invested 24 billion and were tracking to produce 200k jobs. So much for good factory jobs. Tesla stock is not held for EVs but AI, auto driving and maga support. The auto driving is way behind and maga support is questionable at this point. It is not close on AI. Interestingly China has so many EVs(including trucking and trains) on the road it has reduce the world demand curve for oil. The EV race is over and the US has lost.[/quote] No. We are not giving up our economy to China. [/quote] Just saying something does not make it so. You can buy 2 Chinese BYD vehicles for the price of one Tesla. Now that Trump cut the EV subsidies out of his “Big Beautiful Bill”, Tesla is going to have a hard time selling everywhere.[/quote] This. The BYD will be the new Honda Civic while Teslas cater to the Dodge Challenger rabble.[/quote]
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