Musk's Adventures
Some say China has saved Tesla once again. I agree with the first half of this statement; I disagree with the latter half. I think: China saved Musk, not Tesla.
Behind the sharp rise in TSLA's stock price is the sharp rise in Lao Ma's own worth. As for Tesla, there is a problem that we all understand; it's impossible that Lao Ma doesn't understand it:
Why did China's electric vehicle industry explode like a blowout after 2019? What major events happened in the electric vehicle industry in 2019?
Moreover, it is impossible for Lao Ma to be unclear about the general context of Sino-US relations. As an American company, doubling down on China can only be described as a risky move. In my opinion, the safer approach would be to set up a production plant in Mexico as soon as possible. Also, if Mexico were as rich as Canada, the problem of illegal immigration would automatically disappear.
When investors begin to calm down from their fervor, they will begin to think about the deep-seated problems caused by Lao Ma's bets on China. Tesla's stock price will also return to reasonable after a few days of overheating.
I might consider the high throw and low absorption band in the 160-200 range. But currently I don't plan to hold Tesla for a long time, and I don't have any faith. All I know is that Cyber Truck has been having problems recently. Whether the car I ordered two years ago can be delivered within the next three years is a question.
Also, at this price, it's not very appealing to me. If there is a shortage of electricity in the future due to AI computing and Bitcoin mining, and as a result, electricity is more expensive than gasoline, what is the plan for me to drive an electric car? If the tax credit runs out at that time and the price of the car doesn't drop, I probably won't need it and ask Lao Ma to refund my $100 deposit.
By the way, recently $Utilities Select Sector SPDR Fund(XLU.US$ It looks great. I've been rising steadily since I opened the position. It appears that some funds are already betting on economic stagnation.
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本人散户，闲钱投资，名字为富图系统生成。这里记录投资感悟与趣事。所有言论都纯属娱乐，不是投资建议。㊗️大家越来越🐮
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