Tesla Inc (TSLA)

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.

A spec buy for sure. It's a car company to him, not tech. Likes that Tesla is dealing with other EV-makers. They're on the leading edge. Competitors can't compete on price with Tesla.

Very expensive stock (high multiple).
Subjective on whether valuation is worthwhile.
Wait for share price to fall before buying.
Excellent tech stack going forward. 

Chart shows bearish trendline channel since 2021 and underperforming the broader S&P 500. Technically, not strong. Massive competition from traditional automakers. Could lead to deceleration in sales growth, earnings, and margins. Expensive at 43x forward earnings.

Strong opinions abound on this company and stock. The cars are becoming more ubiquitous, cutting prices, which isn't a path forward to a higher stock price. When you give to the car owner, you take from the shareholder. Governance is an abomination. Need some adults in the C-suite, not sound financial stewardship. Doesn't buy that it will become the monopoly in EVs.

Growth company that can provide capital gains.
High multiple stock with lofty valuation.
Excellent technology stack.
Expecting higher competition in EV market.
Current share price too expensive.
Prefers under-valued companies from an investor perspective.

Musk is smarter than all of us. Why would he announced more price cuts if he couldn't make up for that loss in selling more product?