cars are not commodities and their price points are not correlated with how efficient they move a person from point a to point b. Cars also convey social status. How many people would be willing to spend $50k minimum to drive the same Model 3 as everyone else they know? Or would they rather buy an electric BMW, Benz, or from the other dozen OEMs that are coming out with 20 EV models each. no bull can ever name the 1 technology or IP/patent that Tesla has that will allow them to maintain their current market share going forward. That's just the auto biz.

The battery biz is commoditized and the solar biz has never been profitable and is losing more cash each quarter. lidar is the worst of all the technologies out there to leverage autonomous driving and tesla is dead last in this market, which is where all the future value is.

https://www.greentechmedia.com/articles/read/report-ranks-tesla-last-for-automated-driving

(http://www.autoadmit.com/thread.php?thread_id=3887039&forum_id=2#35414468)

No view on TSLA long or short, but the Model 3 cost is less than $50K. Sure you can whip it up with options but still you're being a bit disingenuous

Tesla also has an amazing brand, arguably better than the German majors, and is much rarer than any BMW / Mercedes / Audi out there

It also satisfies the smug environmentalist quotient so desired by the UMC and MC strivers

(http://www.autoadmit.com/thread.php?thread_id=3887039&forum_id=2#35417087)

Tesla is losing Billions selling only expensive cars and cashing in the carbon offset credits. In any rational world, they would be bankrupt.

(http://www.autoadmit.com/thread.php?thread_id=3887039&forum_id=2#35703930)

TLSA, GE, and SNAP my top performing shorts this year. not covering either.

(http://www.autoadmit.com/thread.php?thread_id=3887039&forum_id=2#36921688)

This is among the harshes insults I can imagine for crypto people

(http://www.autoadmit.com/thread.php?thread_id=3887039&forum_id=2#35632920)

... But but they're going to disrupt a trillion dollars energy business with off the shelf batteries.

(http://www.autoadmit.com/thread.php?thread_id=3887039&forum_id=2#35703943)

Said he wished he would have bought more on the recent dip

This is about 30% of his net worth btw

(http://www.autoadmit.com/thread.php?thread_id=3887039&forum_id=2#36956457)

Family or kids?

(http://www.autoadmit.com/thread.php?thread_id=3887039&forum_id=2#36956467)

He held down through 175 or whatever the low was and then sold at slightly above break even, 320 or so a few months back. He is extremely upset right now that he missed out on a $100k+ gain. His current net worth is probably $300k.

(http://www.autoadmit.com/thread.php?thread_id=3887039&forum_id=2#39511292)

You are down $33k if you still have this position

Edit: down $28k based on your poast above

(http://www.autoadmit.com/thread.php?thread_id=3887039&forum_id=2#38256047)

tsla was at $179 on june 3, 2019.

most people would've sold some in 2019 at some point.

the real winners who those who bought at $180 in summer 2019 and 1 year later they're straight up

(http://www.autoadmit.com/thread.php?thread_id=3887039&forum_id=2#40753659)