Tesla Inc (TSLA-Q)

They just reported a disappointing quarter, as competitors lower prices. But there are positive trends: two-thirds of Tesla customers last quarter were new. She expects a push in the U.S. to adapt to EVs. Plus, the cheaper EV next year will be a driver.

He doesn't usually invest in a company while it's still a growth company. This one's a little too early in its journey for him. He can talk about it, but he'll wait for a better entry point that's more proven.

This and GOOG are blamed for today's deep sell-off, but didn't the street expect TSLA to have a weak quarter yesterday. It's hard to hold onto their big gains from the $170s (to the $250s). Elon Musk has several ventures going, like humanoid robots, self-driving cars, energy storage (this quarter, this sector doubled) and semis, though down the road. It's more than just a car company, run by a smart CEO and worth buying on his dip. But you have to be long-term and patient.

Stock can really move around, tremendous beta relative to the S&P. Recently jumped above 200-day MA, but that average continues to move south. EV market has softened, competition increasing from China and elsewhere. Expensive. 

It's market cap could top $1 billion, but it's risky. Shares are up 11 straight days. It needs to show that Tesla Energy will become a bigger part of its business. Its EV sales are levelling off, though self-driving cars could be a big thing. We need to hear what Musk has to say about robo taxis in China.

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.