Tesla Inc (TSLA)

It's holding around $170-180, and the company has a new iteration (of Roadster) coming that he thinks will help. Don't give up on it.

Today's share price increase was significant. Shares have come down too far, 30% this year. 

It's true that a TSLA is more like an iPhone than a car. Price erosion, margins have come down. Distracted by making trucks. Best EV company in NA today. Ford and friends have trouble getting their act together, because they have 2 different businesses on the go.

The big issue is that they need to come out with a car that's smaller and cheaper. Biggest competition is from Chinese companies, with smaller cars of pretty good quality. Similar to what the Japanese car industry did in the 1970s.

Ignore social media, where negative chatter is coming from anonymous accounts without technical background. Note that the Chinese are dominating EVs, which will be a big issue moving forward. Tesla's valuation is extreme compared to peers in this space. Professional traders are lining up to short this when the stock breaks. Carbon offsets have benefited Tesla huge. A trader can make money on this, but investors should avoid it.

Looks good. After a dip, recovery is always swift. Problem is that the lows keep going lower each time. Don't touch until gets solidly above $210. If you own it, hold. Get out if goes below $185.

Big downtrend, but some technical indicators indicate oversold. So it may return to trend, which is higher than it is right now. Could see $220-220 in the near term. Still doesn't like it longer term. He's done a video on his blog.

Great product, but hard to determine future of business. Return on equity capital not consistent. Unsure whether long term investors will benefit. Hope is not a good recipe for investors. Would caution investors on high stock price valuation. EV saturation also a concern. 

Going to do well, as long as Mr. Musk can temper his comments. 12-month price target of $243, decent runway. Everything's humming on the EV side. Plants all over the world. Batteries, chargers. Reported with very conservative guidance, downplaying growth. He thinks they'll surprise.

Hidden gem is Dojo, world's largest supercomputer, which collects data from all the TSLA cars around the globe. This provides a tremendous wealth of data and AI capability. No dividend.

They had a lacklustre quarter and shares (and market cap) have fallen.

He bought Tesla, because he thinks shares and negativity have bottomed. He wouldn't be surprised if Elon Musk buys more shares. Feels like the consolidation period has ended.

He bought this at $186, which turned out to be the right call, though he thought Tesla would break below $185.

TSLA’s share price was under pressure recently due to slow sales growth and a cool down in excitement from investors for EVs. We tend to hold companies in the long term, as anything can happen within 6 months. From the product standpoint, we think TSLA’s portfolio of products is still unique in the EVs market, growth is expected to accelerate to around 18% over the next few years as the company starts delivering cyber trucks. We don't really like stepping into negative momentum, but we think one could take a initial small position with a view to add later. 
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Their enterprise business took a hit when Hertz suddenly cancelled 20,000 of 100,000 cars they had originally ordered because cars needed repairs and customers didn't know how to drive them. True, shares popped 4.19% today. They need and should cut prices to sell more cars.

He's removing this from the Magnificent 7. It's fallen 16% year to date while all its peers have gained, especially Nvidia. Sales are flagging in China where a Chinese company is overtaking them. Meanwhile, US demand may be peaking. Also consider the declining value of their cards. The EV space is challenged unless Musk develops a battery that lasts twice as long as a gas car tank.