Tesla 2023

Maybe you know by now, if not ...

(Wolf Street)

There is nearly no public float
. Only 0.3% (or 7.17 million) of the company’s 2.307 billion shares are traded. The remaining 99.7% of the shares (2.30 billion shares) are held by entities that are wholly owned by founder and chairman Pham Nhat Vuong. Effectively he controls 99.7% of the shares, according to the SEC filing.

of course i know, typical singapore style, squeeze the flow, it will end, just have to wait. wall street will find a way to short, a synthetic product, but not for the retails.
 
sell puts 200/195/175 etc... before the next earnings...

closed 2 sept 15 175 puts this moring at 6 cents, carried since dec last year, very good premium.

still have few recently short puts above 200 in sept expiration, just have to sit tight.
 
of course i know, typical singapore style, squeeze the flow, it will end, just have to wait. wall street will find a way to short, a synthetic product, but not for the retails.
Then why did you ask to begin with?
 
https://www.thestreet.com/electric-...lly-has-a-new-price-target-many-wont-be-happy

Kamich writes:

"In the weekly Japanese candlestick chart of TSLA, I see a mixed picture. Prices are trading above the rising 40-week moving average line, but the trading volume has been declining in recent months, and that is not a positive in view. The weekly OBV line has climbed higher this calendar year but shows weakness from July.

The MACD oscillator is crossing to the downside for a take profit sell signal. The candles do not show me a bottom reversal pattern and that is not comforting."

His updated price targets of $213 and $157 on the daily and weekly P&F charts suggest meaningfully more risk than three months ago, given shares have already retreated from Kamich's $300 target to $256 on August 30.
 
Kamich writes:

"In the weekly Japanese candlestick chart of TSLA, I see a mixed picture. Prices are trading above the rising 40-week moving average line, but the trading volume has been declining in recent months, and that is not a positive in view. The weekly OBV line has climbed higher this calendar year but shows weakness from July.

The MACD oscillator is crossing to the downside for a take profit sell signal. The candles do not show me a bottom reversal pattern and that is not comforting."

His updated price targets of $213 and $157 on the daily and weekly P&F charts
_______________________

Elon writes:

In 2025 we're coming out with a 4 door sedan with 310HP that will charge to 80% capacity in just under 30 minutes which we will price at $23K.

>>>>The stock goes to $310
 
Kamich writes:

"In the weekly Japanese candlestick chart of TSLA, I see a mixed picture. Prices are trading above the rising 40-week moving average line, but the trading volume has been declining in recent months, and that is not a positive in view. The weekly OBV line has climbed higher this calendar year but shows weakness from July.

The MACD oscillator is crossing to the downside for a take profit sell signal. The candles do not show me a bottom reversal pattern and that is not comforting."

His updated price targets of $213 and $157 on the daily and weekly P&F charts
_______________________

Elon writes:

In 2025 we're coming out with a 4 door sedan with 310HP that will charge to 80% capacity in just under 30 minutes which we will price at $23K.

>>>>The stock goes to $310

bruce is a good guy, that's where I will place my short puts.
 
Here's my two cents on the months to come at Tesla.

The new versions of 3 and Y coming out in late September will be a huge hit. The 3 may retail for under 30k (major achievement) but, most important, margins will possibly return to around 15%. As a result, I expect Tsla shares may test a new high above 300.

The Cybertruck isn't expected to roll out until later, after mid October Q3 meeting, probably December. I have serious reservations about the viability of that product, which I compare to the DeLorean. I suspect it will retail for around $70k, well above the original $40k suggested in 2019. I don't believe in the 1.9M reservations which will drop to low hundreds of thousands. That's the good news because I don't expect production volumes to exceed a few hundreds per year. This is a very difficult vehicle to assemble and explains why no manufacturers in their right mind are using stainless steel.
As a consequence, I believe the media will pounce on Musk at the slightest issue (there will be plenty), trigger his ire, and then pounce on whatever he barks, in an endless loop of tit for tat. TSLA share price will take a hard hit maybe 2-3 months after the truck is in customers' hands. There is plenty of interest to see the Cybertruck fail miserably, from other manufacturers, from the oil and gas sector, from unions, from liberals, from conservatives... The list is long of groups who would love to wipe the smirk off of Elon Musk, and I expect a drop to the low 100s again.

Of course, I could be wrong and the Cybertruck may be the vehicle of the future here today that everyone wants in their garage, a jewel of manufacturing excellence and more capable than any competition. In that case, expect TSLA to reach 400 in 2024.
Ok, the new 3 is real and in production. This is where I come through on prediction, or not.... 315+ by end of September.
 
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