good luck with your position... i cover at $350 even though i think it goes to $200 range (where it traded in july) ... i was in your shoes the previous two bubbles and it took me ten years to recover... at some point in time valuation metrics matter... my bet is the s&p folks have their shares and you guys and gals are trading amongst yourselves thinking you're gonna stick it to the institutions... watch what happens dec 21 after the bell.... that's where you will see the transfer of shares...
who will be holding the bag? good luck to all and happy trading...
BTW... Tesla looks like a great company... may buy some south of $200 for a long term play...
Tesla is going to have its best quarter based on what? Ive seen no evidence especially during pandemic. Musk telling employees to cut costs doesnt look great either.
We already know EU sales slipped in October. China was flat in October but still strong, US should be impacted by pandemic. November numbers will help highlight this.
Berlin isnt due to go online until Q3. However production is not the issue, the issue is demand which is why Tesla had leftover inventory & only produces at 60% of capacity.
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