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re: TSLA at $161, anybody biting?

Posted on 12/14/22 at 9:47 am to
Posted by leeman101
Huntsville, AL
Member since Aug 2020
1686 posts
Posted on 12/14/22 at 9:47 am to
Nope.
Not till under $100.

Like one poster said everyone is making EV's.

I've heard Tesla's strength is the battery technology. They have a few patents on battery technology.

This post was edited on 12/14/22 at 9:48 am
Posted by Ace Midnight
Between sanity and madness
Member since Dec 2006
90947 posts
Posted on 12/14/22 at 9:56 am to
quote:

I've heard Tesla's strength is the battery technology.


This is true, plus they've been making roadworthy EVs for a long, long time. Their experience advantage is relatively unmatched. That gap will close as the traditional car makers gain that experience as well, but it is still heavily in Tesla's favor.
Posted by GeneralLee
Member since Aug 2004
13316 posts
Posted on 12/14/22 at 9:59 am to
quote:

Nope.
Not till under $100.


i agree, it feels like if the S&P hits a capitulation bottom, like in the 3,000-3,300 range, that TSLA might hit $80-100 which would be a good entry for a new long term hold. I love the company but the valuation is still too high. Happy to have most of my chips in SpaceX instead.
Posted by j1897
Member since Nov 2011
3637 posts
Posted on 12/14/22 at 10:01 am to
quote:

I've heard Tesla's strength is the battery technology.


Tesla doesn't have battery technology, you do know Panasonic makes their batteries right? It's Panasonic's technology.
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