The Bullish Case for TESLA
One of the biggest misconception on Tesla is that it is just an Electric Vehicle Company but that is not the case. Tesla is also a Robotics, AI and energy company. If you look at it from that lens, TESLA is undervalued and has a great future!!
TESLA recently bounced off the $212 Support level and believe this is the start of a bullish trend. Targeting the $300 Price point and we may even see $300 by the end of 2024.
For context Elon recently tweeted this on TESLA
"I am uncomfortable growing Tesla to be a leader in AI & robotics without having ~25% voting control. Enough to be influential, but not so much that I can't be overturned.
Unless that is the case, I would prefer to build products outside of Tesla. You don't seem to understand that Tesla is not one startup, but a dozen. Simply look at the delta between what Tesla does and GM. As far as stock ownership itself being enough motivation, fidelity, and other similar stakes to me, why don't they show up for work?"
In this tweet, Elon Musk expresses his desire for greater control over Tesla's direction as the company expands into AI and robotics. He believes that his current 13% stake in the company is not enough to make significant decisions in these areas.
Tesla has a great future and as long as Elon is the captain, this ship will continue to go to mars and beyond. cheers
TESLA recently bounced off the $212 Support level and believe this is the start of a bullish trend. Targeting the $300 Price point and we may even see $300 by the end of 2024.
For context Elon recently tweeted this on TESLA
"I am uncomfortable growing Tesla to be a leader in AI & robotics without having ~25% voting control. Enough to be influential, but not so much that I can't be overturned.
Unless that is the case, I would prefer to build products outside of Tesla. You don't seem to understand that Tesla is not one startup, but a dozen. Simply look at the delta between what Tesla does and GM. As far as stock ownership itself being enough motivation, fidelity, and other similar stakes to me, why don't they show up for work?"
In this tweet, Elon Musk expresses his desire for greater control over Tesla's direction as the company expands into AI and robotics. He believes that his current 13% stake in the company is not enough to make significant decisions in these areas.
Tesla has a great future and as long as Elon is the captain, this ship will continue to go to mars and beyond. cheers
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