Not in my neighborhood. I’ve seen strong sales of the new models and tons more used Teslas on the road. The competitive used prices have helped expand their audience tremendously.

has TSLAQ ever been right? Maybe short term but never long term.

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rootusrootus a day ago | parent [-]

> has TSLAQ ever been right? Maybe short term but never long term.

Any rational view of TSLA's business and future prospects suggests that TSLAQ is right, but that the timeline for proving it out may be extended (and there's a saying about that, right? Something about the market staying irrational longer than you can remain solvent). TSLA is a meme stock at this point. I wish it were not part of the S&P500, because I hate to be exposed to that volatility.

But I'm often wrong, so maybe this is yet another example.

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tonymet 5 hours ago | parent | next [-]

the stock market has long detached from fundamentals.

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leobg a day ago | parent | prev [-]

I’ve read that same sentiment back in 2016. Only difference being that “meme stock” wasn’t a word back then.

I also love the excuse: “I’m right. I’m just not putting any money behind my conviction because the market might deviate from my truth.”

What is that “insight”, that “prediction” worth, if you can’t put money on it without going broke?

	▲	rootusrootus a day ago \| parent [-]
		I think I would eventually win the bet. I just don't think my timeline or funding is in a position where I want to wait it out. I think TSLA is detached from the fundamentals and I haven't heard a good rationalization that explains what I'm missing. I get that the stock market is aspirational, the price you see is the collective hopes & dreams for the future, but at some level there needs to be an explanation, a vision that seems plausible. What is Tesla doing today that leads to their current valuation, what does that path even look like?