Tesla's 2024: It's Gonna Be A Bumpy Ride, Buckle Up For The Cold💰😩💔
Well， $Tesla(TSLA.US$ current dilemma is one that cannot be easily overcome😩. Without actual financial data to support it, the stock price can only continue to fluctuate wildly in a downward trend, like bear flag formation😩😩😩💔💔💔
Here are a few harsh truths to consider💔
First off, let's talk about the Model 3/Y dividend. It's slowly disappearing😣😣😣, and there's no new car models coming out until the affordable version of the Cybertruck launches😨😨😨. And price wars in China, baby! That means less profit, less margin, and less cake for Tesla😱😱😱.
Now, I know y'all are obsessed with Tesla's FSD autonomous driving, Dojo, and Optimus robots 👀👀👀. But let me ask you this: are you investing in the company's future or just speculating on the stock price😮? Cause let's be honest, the stock price is in a coma right now😨😨😨🤒🤒🤒. You'd be better off investing in semiconductor stocks and ETFs like $iShares Semiconductor ETF(SOXX.US$ $Direxion Daily Semiconductor Bull 3x Shares ETF(SOXL.US$ $T-REX 2X LONG NVIDIA DAILY TARGET ETF(NVDX.US$and $NVIDIA(NVDA.US$.
Institutions and investment banks see Tesla as a car manufacturer with better financial data than its peers. But they're short-sighted😑. They can't invest too much in areas without financial statements. But that's where we come in😎😎😎. We can invest in these areas before revenue growth (just like investing in NVIDIA during the Chatgpt moment and before the AI revolution broke out.🤩🤩🤩), and that's why TSLA's valuation is through the roof.
Now, I'm not saying don't invest in Tesla🤫. But you gotta know what you're getting into😉. Tesla's been flatlining for years. And if Tesla completes its future plans (FSD autonomous driving, Dojo, Optimus robots, energy business explosion, etc.), its stock price could be at least 10 times higher by 2030😍😍😍😍😍😍.
And finally, remember this⭐: the fate of an investor is not determined by the stock market or listed companies. It's determined by the investors. So before you make any investment decisions, think about why you're doing it, what your plan is, and whether or not the stripper on the pole is worth it.
Peace out, y'all!
🚀🚀🚀🚀🚀🚀
PS. If you have the time, you can also read a book to recharge your beliefs.
Thanks for reading! If you read all the way till here, it would be nice if you hit that "Like" button! 👍
Disclaimer: This article is for informational purposes only and is not intended to provide any investment advice or recommendation. Remember, investing comes with risks, so be cautious when entering the market.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
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Mooncity : What's a good price to buy in at? I didn't dare to average down before, and I feel like it will continue to go down in the near future.
JATrader : 80-100 can long
72734102 : Time to make shorty PAY AGAIN! More billions have been LOST trying to Short Tesla! Let’s do it Again
DES_T Mooncity: Yes sure will continue to dip whole of 2024
Maniac Fool Mooncity: 153 is the next May 2023 support level
peacher : my avg is 236$ for almost 70 shares, definitely not losing that money haha. i’m probably going to buy puts until it recovers in the second half of this year. it would be a good time to buy a large dip once it’s under $150
MonkeyGee : it's on auto pilot now. going right off the cliff
warmhearted Puppy_93 : Sell it and invest in the parts that are not his forte. I do love the Cyber truck.??