InvestorsHub Logo

boston745

11/21/22 5:10 PM

#71615 RE: BidnessMan #71614

Why tell people to buy? Why not just say that Tesla is near its support and is back to oversold. Generally speaking now is the time companies sell for tax loss and January is when they begin rebuying. Tsla should find support soon for the short term and trade sideways before its a good swing trade.
However I would not long Tsla because market and global conditions will worsen next year. Also do not long Tesla for products that are years away especially as its cars keep killing people.

Tesla semi is risky and could go out of control like the S3XY models. If it does, it'll be way more destructive and so much worse for the company's image.

Cybertruck is the only Tesla worth buying imo, the others are risky because they lack the EM shielding of the Cybertruck.

trainer2

11/21/22 9:34 PM

#71622 RE: BidnessMan #71614

Instead of buying TSLA now like you recommended, I think I will wait until it hits $100.00 like Barron's has hinted about. If Elon doesn't shut up soon that could be where the SP is going.