Stock price when the opinion was issued
Is not an investment, but a trade. Look at its volatility. At $350, write some calls. He targets $410. He constantly trims his holding. Is great to buy under $300, and sell above $350. It deserves it premium among car companies. Their future lies in robotics, not EVs. Musk plans to sell robots in 2026.
Very volatile. The story is shifting a bit from rapid EV growth to managing its scale. Q2 saw delivery fall 5% YOY, but still beat reduced expectations. Price cuts help, but continue to pressure profitability. Limited near-term upside. Value is 2/10. Compressed margins, rising Chinese competition. Political drama as well.
The fundamental business, EVs, is in decline, so expectations are -13% and -22% revenues and earnings. But the market will give Tesla the benefit of the doubt in robotics. She bought it recently at $293 and is now at $333. This will be rangebound from $260-350. Now, sell calls. This won't change until there are new revenue streams to monetize. You can make money selling calls.
Tesla, Inc. (NASDAQ: TSLA) is an American electric vehicle and clean energy company led by CEO Elon Musk. Tesla's business segments include electric vehicles, energy generation and storage, and other automotive services. Known for its innovation in the electric vehicle market, Tesla's product line includes the Model S, Model X, Model 3, and Model Y, along with solar products and energy storage solutions. Despite its groundbreaking products and a loyal customer base, Tesla has had a history of fluctuating financial performance, regulatory challenges, and intense competition in the EV market. Social media mentions are up 11.8% in the past 24h.