Don’t eat any from Torrance watersI’d like some shellfish advice.
I got rid of all my TSLA when they said they weren't going to produce any new products in 2022, at the last quarterly meeting.Sure is quiet over here now…
* crickets *
Sold some more Apple last week and bought more Tesla. I’m a glutton for punishment.
ummm.... they are innovating.... that takes time.I got rid of all my TSLA when they said they weren't going to produce any new products in 2022, at the last quarterly meeting.
Glad I did, since then, I've bought and sold a few little dips, selling within a day or 2. Currently, I'm not going to hold Tesla for very long till after the Fed makes up their mind about interest rates. If I can buy for under $700 I might hold it for awhile.
The reason I sold was that I felt like the reason why we bought Tesla was because they were innovating, and going to come out with the Semi and Cybertruck. I'd expect when those 2 hit the highways, the price of Tesla will climb. But at that last meeting all they talked about was focusing on making the current 4 models, to focus on profits. Hell, Toyota makes way more profits than Tesla! That's not why I bought the stock.
I'm out for awhile.
Someone was bagging on Tesla because “They don’t change their cars”.Traditional carmakers waste HUGE amounts of money making annual "cosmetic" changes... body styles, taillight designs, bumper styles, trim, and all sorts of other stupid shit just to appeal to faddish stylistic tastes. I think it's a whole lot smarter to avoid all that kind of crap and just build better cars!!!