Tesla Inc (TSLA-Q)

Is -11% the past month. He trades this constantly. This is more volatile than most names. Looking forward, he is positive their power generation and autonomous robots. Likes it long-term. 

Though he remains bullish tech, he is not optimistic about Tesla, given tariffs on graphite, which is essential to EV batteries. Musk won't like what he sees about these tariffs, because it will result in a margin squeeze.

He'll own it as long as Musk is in charge. The company put up soft quarterly numbers after the bell but gave a terrific forecast for 2025.

It reports Wednesday. Last time, they badly missed numbers, then had one of the biggest runs ever. It's like an AI ETF.

It has stalled. When it reported a weak quarter last time, people concluded that Tesla is no longer a car company, but a tech one. It needs to demonstrate something different and new. If shares fall further, though, then buy.

Institutions are buying this and Palantir based on momentum--and are likely going higher--but investors shouldn't because they're ridiculously expensive on traditional metrics. This is only a buy, if you can sell them into strength.

Earnings decelerated the last couple of years and have no flattened, but will grow again, she expects by 7%. People are excited by this name for its robotics, AI and self-driving cars. It's not only a car company. She had sold in the $200s the January $400 strike price. Tesla has a beta of 2. Be cautious going into earnings on Jan. 23, because there's some hype in the $400s.  More normal would be the $300s.

Chart shows a nice rounded cup, and then went parabolic. A pullback would be the "handle" to the cup. Pullback might be to the top of the cup, ~$360. It probably won't drop that far, perhaps around $400. And then it will be on its way. Great-looking chart, probably lots of upside.

It;'s enjoyed a post-election run, but you can't justify its fundamentals, trading at record high earnings. Waymo is ahead of Tesla in self-driving cars. It comes down to believing in Elon Musk or not, and who knows what will happen in coming years? Take some profits.

Is there more upside after the post-election rally? Tesla has more self-driving data than Waymo, data that could work in Musk's favour with Trump. Shares are up 85% since the vote (86% this year). Given Musk's relationship with Trump, investors will ignore PE and pay anything for Tesla shares. Also, today, Tesla saw an analyst upgrade.

Their delivery of cars could be up as much as 30% next year but take everything with a grain of salt. The relationship of Musk supporting Trump is part of investors' decision making either way.

Huge base forming for over a year, and we've broken above that. Positive development. Now back to where we were in 2022. When it breaks out, tend to go with it as long as it's rising.