Tesla Inc (TSLA)

Last week he bought it around $195, then just sold part of his holding around $250. Sales deliveries were good news, and energy storage business hit record profit margins. Another tailwind is that locally built Teslas appeared on the approved Chinese government buying list. But it is a volatile name. If it falls to $220, he may buy back some.

He bought more last week, very bullish heading into Q3. Over the weekend, China reported record sales. This could settle around $197-200. The August robo-taxi unveiling could be influential. China is extending subsidies in consumers buying Teslas.

Peak negativity is fading now as this bottoms. He targets $200 in the near future. It's not just a car story, but an AI one and a charging one. He will buy more soon.

If they make their cars more autonomous and Musk gets the contract that he deserves, then maybe Tesla is worth holding at these prices.

Would not bet against the company. Would recommend dollar cost averaging. Hard to judge volatility. 

Public bet on Elon Musk - depends on performance of founder. Fundamental electronic car business under pressure. Chinese competition very strong. Lithium production always a concern (China controls majority). Cutting costs and staff - but unsure on direction of business. Premium brand is a good aspect, but difficult to determine outcome. 

He just sold it. Tesla has negative momentum, on a road to nowhere. He wouldn't short or own it. Last quarter, revenues were -8%, but 47% over the last three years.

Elon Musk is in China, and China will allow self-driving cars. Maybe, but probably not Tesla has restored momentum. Unlike Apple, Tesla perhaps is not defensive if you expect choppy markets ahead. Don't short Tesla, but he isn't sure we will return to the 2021 Tesla over the next 6-12 months.

Tesla missed numbers including negative free cash flow, but CEO Musk sold the quarter well.

They announced more price cuts to their cars, among ongoing problems with executives departures and layoffs. Compare this to Ford which led the S&P today.

They report tomorrow. If they report that they're making money and Elon Musk pulls a rabbit out of hat, shares will rally. But if he talks only about self-driving cars and robo-taxis, then this will fall.

It reports Tuesday. The last quarter has seen only bad news, but maybe Musk can pull a rabbit out of this hat and it better not be self-driving cars. There's a lot on the line for Tesla. He give Musk the benefit of the doubt.

Hard to determine future of business. Share price still over valued. Performance of business under pressure. Car business only worth ~$80/share. Ability to generate profits under question. Better options for investors available. Company has continued to cut prices on products, and has missed sales estimates.