StrongGuy
Member
I hear you. I think TSLA's growth is outstanding.Honestly I like hearing more bearish opinions on the stock from time to time. Even if I don't agree with them or the arguments don't make sense.
It's easy to say the recent rally is purely due to FOMO, but the Q3 numbers were outstanding and there is every indication the Q4 numbers will be much better still. So what happens to the PE Ratio and the stock price after Q4 is reported in? If the stock rallies again, is that simply due to FOMO still? Or is it because Tesla is expected to now break quarterly numbers over and over again as the two new Giga factories ramp up, thereby increasing both production volumes AND margins simultaneously?
TSLA traded fairly flat from January until October of this year, even as production increased, revenue grew, and margins got better. I'd sooner say the rally is catching up to the flatness of the year rather than something like FOMO.
But yes, I do enjoy hearing how bears justify their positions and outlooks on Tesla. It reminds me that not everyone is as forward thinking as I am when it comes to investing into TSLA.
What I don't agree on is that the general market understands this right now.
Thanks. Your projection is largely in line with mine. I have 1,120 as the short term test of valuation and 1,040 as the bottom. The squeeze easing is truly a blessing. It's nerve wrecking seeing your account skyrocketing everyday, wondering when the crash is going to be. I bet it concerns him as well as his employees might not be able to focus on their job.
This is reasonable. I hope it falls to the 800-range.