#TSLA is now 20% down from its 200 day moving average. The Chinese are truly going to take over the world in terms of EVs. @DillonLoomis22 from Electrified breaks it down better than most.
My thoughts are similar.
A thread...
My thoughts are similar.
A thread...
1/ Time to panic?
You're starting to see peak fear in the market now. Every other YouTuber is telling you the world is ending. Should you panic sell?
I dont have a crystal ball. Every couple months since I started investing, there have been Market Crash videos.
You're starting to see peak fear in the market now. Every other YouTuber is telling you the world is ending. Should you panic sell?
I dont have a crystal ball. Every couple months since I started investing, there have been Market Crash videos.
2/ even Michael Burry has consistently, twice a year predicted a market crash. Yet, as a critical thinker and someone who loves math and logic, the data is more important.
To date, no one has successfully timed the market.
Time in the market always beat timing the market.
To date, no one has successfully timed the market.
Time in the market always beat timing the market.
3/ Time to be Rich
Under these terrible macro conditions, is when people truly get rich with their investments. If you're still in the accumulating phase, simply keep buying as you have the money. I have not seen Teslas thesis change. They are growing massively.
Under these terrible macro conditions, is when people truly get rich with their investments. If you're still in the accumulating phase, simply keep buying as you have the money. I have not seen Teslas thesis change. They are growing massively.
4/ Be Careful
Don't use margin or leverage. Don't try to time the market. Don't try to trade. Just sit tight and you'll come out ahead of everyone.
You can't know if there will be a crash. And even if there is, where is the bottom? We could already be at the bottom, or not.
Don't use margin or leverage. Don't try to time the market. Don't try to trade. Just sit tight and you'll come out ahead of everyone.
You can't know if there will be a crash. And even if there is, where is the bottom? We could already be at the bottom, or not.
5/ Invest only money you can afford.
Don't invest money you may need 1 to 2 years down the road. Always only invest for the long term. Think of the stock market as long term Fixed Deposits. Something you can't touch for at least 3 to 5 years.
Don't invest money you may need 1 to 2 years down the road. Always only invest for the long term. Think of the stock market as long term Fixed Deposits. Something you can't touch for at least 3 to 5 years.
6/ Huge opportunity for those Ark investors.
If you're down 60-80% on ETFs like Ark or meme stocks or hype stocks, time to take advantage of #TSLA low price now. Move them to Tesla now because I believe you can catch a ride up again. Else you may be stuck with your losses
If you're down 60-80% on ETFs like Ark or meme stocks or hype stocks, time to take advantage of #TSLA low price now. Move them to Tesla now because I believe you can catch a ride up again. Else you may be stuck with your losses
7/ Teslas future.
Tesla is as bright as ever. Nothing has changed fundamentally in the company. This is why you now have an opportunity to acquire as many shares as you can as long as the macro stays bad. Once the macro improves, you'll see the market rebound with a vengeance.
Tesla is as bright as ever. Nothing has changed fundamentally in the company. This is why you now have an opportunity to acquire as many shares as you can as long as the macro stays bad. Once the macro improves, you'll see the market rebound with a vengeance.
8/ FUD on demand.
Remember I said the Chinese will take over the world? Yes they will. But Tesla isn't targeting the entire auto market. They are only targeting 20m cars.
There is no demand problem for Teslas. Tesla has always planned to adjust price to demand.
Remember I said the Chinese will take over the world? Yes they will. But Tesla isn't targeting the entire auto market. They are only targeting 20m cars.
There is no demand problem for Teslas. Tesla has always planned to adjust price to demand.
9/ Pricing Lever
Over the last 1 year or so, Tesla has increased their prices by over 20%. That's because demand outstrip supply by so much the wait times were getting ridiculous. As they ramp up production, expect to see prices drop to increase TAM.
Over the last 1 year or so, Tesla has increased their prices by over 20%. That's because demand outstrip supply by so much the wait times were getting ridiculous. As they ramp up production, expect to see prices drop to increase TAM.
10/ Model SEXY + CT
I can see Tesla can easily ride these models up to 5-6m cars. Heck, the CT alone could do 2-3m easily IMO.
After that, expect to see new cheaper categories of cars. These will bring Tesla up to 20m cars.
I can see Tesla can easily ride these models up to 5-6m cars. Heck, the CT alone could do 2-3m easily IMO.
After that, expect to see new cheaper categories of cars. These will bring Tesla up to 20m cars.
11/ US Tax credits.
If Tesla qualifies for the US tax credits, I do not see Tesla needing to lower prices at all. Teslas may be the no brainer cars for the middle class after considering EV credits, cheaper mileage, cheaper maintenance, better resale value, etc.
If Tesla qualifies for the US tax credits, I do not see Tesla needing to lower prices at all. Teslas may be the no brainer cars for the middle class after considering EV credits, cheaper mileage, cheaper maintenance, better resale value, etc.
12/ Not financial advice.
I'm posting this as my opinion. Not financial advice. I'm a long term Tesla investor since 2019. I have seen at least 5 or more tesla crashes and just by sitting thru them I am outperforming the market by a huge margin.
Tesla story is just beginning
I'm posting this as my opinion. Not financial advice. I'm a long term Tesla investor since 2019. I have seen at least 5 or more tesla crashes and just by sitting thru them I am outperforming the market by a huge margin.
Tesla story is just beginning
13/ Please share this thread. You may be able to help a new investor who is panicking now.
I have made these mistakes earlier in my investing life and wished someone told me these things.
I have made these mistakes earlier in my investing life and wished someone told me these things.
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