Tesla Inc (TSLA)

[noreen]

I hear everything you are saying.

I already know what you are saying, and agree with it.

It appears that you think most shorts don't understand the things you are saying. I definitely do.

But IMO, you are not taking into consideration the valuation. You clearly have no idea what you are talking about in that respect. You simply do not understand how to read financial statements and assess the value of a company. You are buying the stock on hype and that is all. That's fine if you want to do that, it can go higher. But in most cases, hyped up stocks that are as overvalued as Tesla is will crash at some point, and will crash fast.

That is why someone like Warren Buffet does not invest in Tesla. You think he doesn't know that Tesla is the leader in their field? Of course he knows it, just like I know it. But he doesn't care, because he knows it's overvalued, and he knows it's a horrible investment philosophy to invest in overvalued companies. Period.

In my opinion, you will see a big crash in Q2. The reason I think that is because I think Tesla will realize a huge loss in Q2 due to the pandemic and shutdowns, but maybe I am wrong, I don't know. That is why I have no position right now and am happy with that.