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Originally Posted by jing
Thoughts on $TSLA? Bit of a downward spiral to say the least. I've been holding since 2016 so no imaginary losses yet but its getting pretty close.
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I'm thinking about getting back in. I've had it before and took profit when it hit 300+.
I'm not seeing many problems except the demand on its highly profitable models (S and X). They have no problem raising funds, its techs and position are still lightyear (relatively in the industry) ahead of competition.
With things like autopilot, superchargers.. etc. It's easily 3-5years before any other manufacturer catches up ASSUMING Tesla just stay still.
And the fact that every major media is shittalking its stock makes me wanna bet against the naysayers because I'm not seeing problems of whatever they are trying to say.
Is there anything I'm not seeing?
Disclosure: have plans on taking about 40k worth in the long position, assuming I sell my TSMC, 12k if I don't sell TSMC.