TSLA

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Elon's not worried about quarter to quarter noise. He's thinking years ahead. He's a traveler. Lots of shorts are gonna learn that tomorrow, and I suspect also in the months and years to come.
~vz

TSLA---$163.98
Ya know the very next morning after I wrote this post, it was a Tuesday night... Cramer in his little 9AM-9:45AM gig on Squawk Box.... called Elon Musk "A traveler." 100% straight up. If anyone can find that morning's show, by all means.... fact check me. It's not that I care, I was actually flattered. And I know most of you hate him, but whatever. He's a very smart man. And you pro's that post here... again...whatever... I won't say you're jealous... but he is what he is. IMO, he's got an IQ that's off the charts. I was shocked when he said that, because there's no way that was a coincidence.
 
He will knock out the smaller manufacturers like Rivian and Lucid. I don't think either of them will be around next year. But it's going to be harder and harder for him as time goes by. A lot of people are loyal to Tesla, he has an amazing fan base. But so does, GM, Ford, Toyota, and Honda.

You’re right that Tesla has a strong fan base and significant market presence, but the automotive industry is highly competitive. Rivian and Lucid have their own loyal followings and unique value propositions. As competition intensifies, even established giants like GM, Ford, Toyota, and Honda will play crucial roles. While Tesla’s innovation is impressive, the landscape will continue to evolve, and consumer loyalty can be dynamic. It will be interesting to see how it all unfolds.
 
270? An automobile manufacturer already trading at a 60x PE and you expect it to rally 60%? Even the stupendous historic rally in the indices since early 2023 hasn't been enough to keep this turd flying high.

The stock at 170 highlights what a shitshow the 2020-21 gamma-squeeze rally was to begin with. Yet, absent some kind of catastrophic catalyst, it takes a while for the air to leak out of the tires. I see 50% downside from here, easy.


You were dead wrong
 

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