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re: TSLA at $161, anybody biting?

Posted on 12/13/22 at 10:32 am to
Posted by el Gaucho
He/They
Member since Dec 2010
54745 posts
Posted on 12/13/22 at 10:32 am to
Besides the fact that teslas are just a bigger version of those power wheel barbiemobiles I would say that the most important factor is that he’s no longer a darling of the left and when the “lefties” (hint hint wink wink) start pulling their hedge funds out of your stock it never does anything good again

This is why gun stocks trade so flat

Tesla will go to 40 at some point next year
Posted by oneg8rh8r
Port Ludlow, WA
Member since Dec 2003
2745 posts
Posted on 12/13/22 at 10:35 am to
That might be true, but I don't think of TESLA as purely a car company.

I think Musk is going to hand Twitter over to a CEO once he has sent it off in the right direction and focus on his baby.
Posted by Sterling Archer
Austin
Member since Aug 2012
7521 posts
Posted on 12/13/22 at 10:41 am to
IMO, Tesla's ridiculous prices never made sense to me. Tesla's market cap is still about 2x that of Toyota. However, Toyota will sell over 1M more cars than Tesla this year. Every car manufacturer is making electric cars now.
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