Tesla Inc (TSLA)

He loves Elon Musk, but the chart shows a strong uptrend, then downtrend, now rebuilding. Not a gentle chart, with lots of swings. It's approaching its trendline, so sell, because it has a history of ugly pullbacks if it does

Shares are up 9% this week. In a given week, Tesla will move much further than Apple or Microsoft as yields come down and investors buy big tech, because of algorithmic trading.

Amazing company, valuations are incredible. Hugely tricky, lots of potential downside. He reduced his already-small position. In an uptrend, struggling, will take a lot to move it up. High expectations. Avoid right now until $200. If it goes down to $200 with a lot of momentum, you don't want to be in the way of that freight train.

There's a lot of bad news about their price cuts that's hurting the stock. There's no sign they will stop these cuts nor have they said they will stop cutting costs. Also, if they keep cutting prices, they won't make their earnings estimates.

He targets $278. Buy for growth or income using calls and puts.

It's been lacklustre vs. the market. He sees a brief bounce, then decline to Oct. 6, then it will rally again. Don't sell, but trade at the end of the upside phase.

Is excited about Wednesday's earnings report, looking for a big rise in revenues. Shares have been on a tear. Treat this like a commodity stock--volatile. China will be positive and there's already momentum in this stock. He expects shares to top $300.

It is a totally different paradigm in relation to the rest of the auto industry with a mulitple much much higher than the traditional one. Too speculative and expensive.

Remains the king of EVs with 60% of market share in first half 2023 though down 10%, because overall EV sales are up so much that it's hard to meet overall demand. Sales are up 30% YOY. Just released better than expected Q2 deliveries and shares soared. Stock is up 119% YTD, which makes it hard to buy now. Take profits.

Congratulations for the profit. You made 11% on the call and 11% on the stock. Do not buy back the calls at a loss. Let the call expire.

You can own both Ford and Tesla. Tesla has incredible growth potential. Rivian just joined their charging network.

TSLA is up a record 13 days in a row now, adding $76/share in that run. We would expect at least some consolidation soon. It is hard to pick an exact point with a momentum stock during a run, but we would be more interested in the $215 range. 
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It actually trades like a commodity with that boom-bust cycle. Tesla will continue to have extreme volatility. Caveat. Didn't buy it, because Tesla didn't have the momentum. He's watching it.

He bought it Wednesday. He trimmed Microsoft and Alphabet to buy this. Tesla and copper trade in tandem, but diverged recently. Copper reflects the state of China, and 20% of Tesla's revenues come from China. Once AI starts generating momentum, Tesla will be in a great space to capitalize. Tesla has built an unmatched ecosystem. Technically, Tesla just broke out.