I was scalping Tesla shares at the peak while it chopped sideways at ATH. Currently no position as it rides down this equilateral down-trend vs its uptrend. I rode out 90% of it's meteoric rise in 2020, trimming positions as its price went vertical. I find out this morning that Ron Barron basically was offloading shares at ATH.
Definitely a
TSLA bull on purely the charging network, solar & energy storage. More sanguine now on FSD & the vehicle segment as competition begins to emerge with different high-demand models, customizations and competing battery technology in the EV market. FSD w/o LIDAR sounds risky. While I'm currently keeping my Cybertruck reservation, I'm dropping my $7,000USD FSD feature. Will drop my truck reservation entirely if the back vault won't be outfitted with solar panels. And this is where I take issue w/Ron Barron's comments: he likened new EV manufacturers today to the era of the steam engines converting to internal combustion. He failed to acknowledge globalization in the manufacturing processes and the opportunities for smaller ventures that can build out more boutique & customized platforms for consumers. Canoo is one example that's emerging to facilitate both niche & wider market swaths in EV. There's quite a bit of room on the ground floor for EV makers IMO...
The Cybertruck is the key to Tesla's success in their vehicle segment next year. If they run into trouble during production, additional setbacks could hurt the share price IMO. I'm #75,000 in line for the truck. There's something also said for having that honeymoon phase & desire for appealing model releases. But the longer reservations go, the more that bloom can wear off the rose.
New compelling entrants (choice) will also steer buyers away from Tesla. I ordered a GGOEV Canoo MPDV EV van last week. To be honest, I'm more excited about that customized EV adventure van and their new 'techno' pickup truck than I am about Tesla's stainless steel "Chevy-avalanche-on-steroids" rig. I do love the idea of a super strong truck that can endure, perhaps the last truck you need to buy. That said, the Cybertruck is not going to be the most customizable/accessorize-able vehicle. So, as a consumer in the market for a new EV truck, for the first time open to other offerings coming online. Wasn't impressed with Rivian's offering, looked too nice; I don't want to have to baby a truck. And the price is outrageous.
TSLA Puts to $600,00. Long the stock @ limit ~$565.
Definitely a
TSLA bull on purely the charging network, solar & energy storage. More sanguine now on FSD & the vehicle segment as competition begins to emerge with different high-demand models, customizations and competing battery technology in the EV market. FSD w/o LIDAR sounds risky. While I'm currently keeping my Cybertruck reservation, I'm dropping my $7,000USD FSD feature. Will drop my truck reservation entirely if the back vault won't be outfitted with solar panels. And this is where I take issue w/Ron Barron's comments: he likened new EV manufacturers today to the era of the steam engines converting to internal combustion. He failed to acknowledge globalization in the manufacturing processes and the opportunities for smaller ventures that can build out more boutique & customized platforms for consumers. Canoo is one example that's emerging to facilitate both niche & wider market swaths in EV. There's quite a bit of room on the ground floor for EV makers IMO...The Cybertruck is the key to Tesla's success in their vehicle segment next year. If they run into trouble during production, additional setbacks could hurt the share price IMO. I'm #75,000 in line for the truck. There's something also said for having that honeymoon phase & desire for appealing model releases. But the longer reservations go, the more that bloom can wear off the rose.
New compelling entrants (choice) will also steer buyers away from Tesla. I ordered a GGOEV Canoo MPDV EV van last week. To be honest, I'm more excited about that customized EV adventure van and their new 'techno' pickup truck than I am about Tesla's stainless steel "Chevy-avalanche-on-steroids" rig. I do love the idea of a super strong truck that can endure, perhaps the last truck you need to buy. That said, the Cybertruck is not going to be the most customizable/accessorize-able vehicle. So, as a consumer in the market for a new EV truck, for the first time open to other offerings coming online. Wasn't impressed with Rivian's offering, looked too nice; I don't want to have to baby a truck. And the price is outrageous.
TSLA Puts to $600,00. Long the stock @ limit ~$565.
Note
opened a position @ 550.90, bottom of the green box. responding to support levels as illustrated. Looking for a dead-cat here somewhere...
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.