tesla stock 🥵 - more PAIN to come
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- เผยแพร่เมื่อ 3 ต.ค. 2022
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Chicken G investing philosophy " when others are fearful be very fearful."
Sincerely, I'm not sure if investing at this time is a good idea. Take note of how frequently things fall apart. Despite reading charts and predictions from renowned investors from the past and present, I'm still looking for a better way to invest my money because I have some time before retiring. I want to build a strong and trustworthy portfolio in order to generate passive income.
I do agree with your pov, but long term I’m relaxing with my position and adding a bit every month 😌
Happy you uploaded again Ken!
"but" ?? implies you're saying something different than him right?
in the beginning he literally said long term the stock is great.
@@tonytony3685 I think Investing Lens is saying that he is buying now, whereas Ken believes that TSLA will drop as low as $140. If you believe Ken, you would hold off buying until it bottoms out at $140.
Timing is hard right. Long term is fine if people don't freak out in the short term if it tanks for a bit.
@@apterachallenge exactly, thank you for clarifying 😃
However, how many long terms do own valuation or buy based on borrow conviction? I agree to his POV, he is really good in handling business runs. Thus, able to see it coming. There is no right wrong on how to position our own strategy. However, if follow blindly and without own analysis, it can be as bad too. Nobody can be sure how low will Tesla go, anyone can be right. Manage our risk and will be fine.
Keep the updates coming! Love hearing what you have to say…your advice to hold cash has allowed me to not sweat the outrageously volatile market conditions. Update us all regularly!
I just don't like the fact that less than a year ago he was telling everyone that Cash is Trash. I like his take, but he lose a little bit of my respect. He just became another influencer who is showing how good he has it in this down times, when he had to backtrack on his comments.
@@rho008 do you really expect investors to be true to what they actually do? dont expect transparency for free, do your own thinking.
@@havencat9337 He did say months ago what he's saying now. I saw the videos, I saw his tweets. I did not listen.
Thanks for the video Ken, always great to see you!
Was waiting so long for another video from you!! More often please
I rarely disagree with you Ken. But this time I disagree with every point you make.
Wait times in china are 1-2 months. Not 1 week (In europe it's 3-6 months). Here are my counter arguments.
1. The world is in a recession. The companies that can handle recession are the ones who can adjust price to have demand match production. Tesla is the ONLY car company that can do this.
2. Tesla missed deliveries, but not production. All cars made in Q3 are sold, some will simply first arrive in Europe in the coming weeks. This will happen every quarter moving forward.
3. Tesla net profit will be record high and the forward PE for Q3 will be close to Microsoft, Apple and be much lower than Amazon. None of these are growing at the moment.
4. Come Q4 Tesla will be the only tech company of size that shows year over year growth.
5. Of course the backlog is shrinking in a recession. Tesla will adjust prices when the backlog becomes small enough, just like they have adjusted prices up to not have the backlog be too extreme.
6. Tesla is not loosing markedshare. Tesla are not competing against other EV's. They are competing against the whole car marked and gaining markedshare every month.
Very good points however if we are in a recession and may go deeper who is going to buy 70-140k dollar car?
@@couloir1 They will lower prices to keep demand in line with production. They have ample margin to play with.
@@couloir1 The top 10% of earners that are going to buy these cars are recession proof.
@@couloir1 In a recession companies with high margin destroy the companies with low margin by adjusting price. No other car company can move price without going in the red. The next 2-4 quarters is where the competition start to bleed badly while Tesla makes big profits while adjusting price.
@@jiggig Thanks for sharing your thoughts.
Thank you so much Ken for your video update! Really appreciate it! 💕
Great clarification! Support you as usual! Cheers :)
Thanks Ken. I can hear your fustration with others who aren't willing to be open minded to new facts and data. Appreciate you still keeping us informed 🙂
I disagree i asked him all this last year about new cars and competition. It was bull market talk all the time. Suffice to say you can tell he has fell out of favour with tesla and elon for reasons of lack of acknowledgement when he was ignored when he asked if he could be part of some conference that tesla silicone valley took part in. This was the turning point as he is a very sensitive person and his next comment was why tesla car ignored someone car overtaking when he was using fsd.
I couldn't give two fks about him tbh anymore. Im holding onto my 1200 shares purchased 4 years ago and in time they will rise.
Will they rise now? No we are in a bear market. But in a bull market? Ofc.
This video is FUD and shows what he had become. He reluctantly says he will buy no mention of anything positive the company is doing and the employee thing he showed. Like its a bad thing people get sacked in restructuring all the time. ESPECIALLY when you are not pulling your weight.
There’s no way I’m selling my current shares even if the stock goes down to the teens. The need for Teslas product is only going to increase I’m expecting to have some moments of bear market
@@bhobbhyp8290 I mean he is now showing shitty EVs at half the price - once people realise how shit they are they will go back to ICE if they cant afford a tesla. The tesla super charger network is the only thing that made my decision to stick with an EV. 10min charge on a 200-300mile journey? I had a KIa i was stuck at the fkn service station as the EV charger wasnt working and i couldnt get to the next one.
@@mrretired2715 Finally someone who gets what's up. As much I used to enjoy him in the past, when he "quit making youtube videos" because his feelings were hurt by other youtubers, when they didn't even say anything that bad or personal at all.... I realized how sensitive he is. I believe him when he says he has a big short position, and he's pumping it now. Just like when he used to be long and pumped that position. The difference is that he was right when he was long, and although Tesla may dip in the short-term due to overall market trend, it may also shock the world with the next two ERs. They are making way more profit per car than any other car company period.
Thanks for your update. I don’t make short term moves, so I stay invested. I know I wouldn’t make the timing back into the stock. I keep DCAing. I see why you have different take on this and I have no problem. 10 years down the road we will both look great.
Dcaing is for losers who cant trade for nuts. Once they get screwd, their stupid consolation solution is DCA!! If you have huge bank balance go ahead n dcaing. You keep praying after 10yrs ur still alive or u do not fall into a serious credit issues!!
All in, baby! #2030
Yeah stop me 😁
Very good and well headed reply
He just got nothing to talk about. = meet Kevin bloody Tom bash and him… all about content and what’s trending… finally found out.. but thanks for the earlier more mature chicken genius and he is damn cocky as ever when he asked ppl not to be cocky. 😂 what a boy..
Thanks for this update video bro! Really appreciate you putting the time and effort in making this! Looking forward to your next one! :)
Thanks soooo much for still taking time to help us with great information. You are honest enjoyable and always give what is needed when it's needed. Love you brother!!!!
"Depends on my mood" 😂👍 I love it ken keep up the good work brotha I appreciate you getting back on the tube
Thanks for the update. Amazing summary. I would love to see more videos coming from you.
I've been waiting for your update. Great insight and great information as always. Thank you for your honest opinion and please keep on sharing! You helped a lot of people like me. Thank you very much!!
I’m just holding indefinitely. TSLA has always been volatile, you never know what crazy moves it will make in the short run.
The more volatile an asset, the greater the gains usually
I just keep telling myself all I have to do is hold. That's my plan.
Hold to $140. Enjoy another 80-90 point crash.
@@jerryking6021 And then hold to 9,000 in 10 years.
do you trade options??
Thanks for a different perspective ❤ but what happened to holding long term?
Hey Ken, would you recommend to hold and wait, or sell now and wait for lower prices?
Been waiting for a video from Ken. Thank you 🙏
Ken has lost his way.
Hey Ken, great perspective. I’ve been a long since 2019 but I agree with you that the playing field has changed drastically. How long do you think these current economic conditions will last?
Thank Ken! 💕
Thanks for the video Ken. Sending you much love
Glad you are back! And thanks for sharing your thoughts. And I agree, it is of utmost importance to get another perspective (someone who understands financials) besides the echo chamber. I appreciate you. Take care my man. Hope to see you soon, whether here or on the Blue Bird Network.
I think on the earning report we will see Energy surprise analysts, hopefully that will cushion the current pain.
Tesla had a record profitable quarter in Q1 2022 after delivering 310k EVs. Tesla just delivered 343k EVs in Q3 2022 and is expected to deliver more than 400k EVs in Q4 2022. Why do you think Tesla needs to count on its energy business to cushion the pain?
@@hchchc22 because at some point (maybe soon) auto demand will diminsh vs.competitors price point, and SP will start to falter (even more). Something needs to come in and step up in the void that will be created.
@@hchchc22 Idon't think his point is that Tesla needs a cushion. For the first time in a while, Tesla says they are not constrained by the supply chain and that energy has an open lane to run in. Energy has been breaking even or a little red for quite a while. I expect (hope) they should show a fair profit now. Analysts haven't impressed with their "deep knowledge and understanding" of Tesla, some of them would be surprised by this. In any case, a softening of demand had to be expected. The auto market is going to take a thrashing near term. You don't buy a car if you are afraid your job is disappearing.
That, plus they will bring out the Semi and Cybertruck sooner if demand for the 3/Y drops. Their factories will remain busy while others collapse.
I agree, tesla has a diversified strategic development deployed with many potential deep "pockets" of "beans" buried for the rainy day.
Thanks for the update Ken.
Thank you for the update video!
Thanks for telling it like you see it - important to hear various views. Please do do the energy video - it's the underpinning of everything. And it's one big reason I've been long-term positive about Tesla - their energy business has tremendous upside independent of vehicles. In fact, the energy crisis will boost this part of the business. And they are well ahead in grid storage and virtual power plants.
"Market will humble you".. I like that.. 👍
Great to see a new video Ken. If even you miss-time the market, I've got no chance - I'm in it for the long run, and just trusting to adding to my position very little by very little whenever I can. I'm still quids-in.
Thank you for update !
As always love the transparency and honesty.
Funny leh Brother...now all the specialists start to attack you
...take it easy. Uncle support you.
Thank you for the update Ken !
Thanks for taking time out to share your insight. Always appreciate!!!
happy to see that you're spot on so far. funny how fast the people who were on your side during the MeetKevin episode turned against you.
Thanks for sharing! Just to clarify did you sell all of your TSLA holdings in your "Do Not Touch" portfolio based on your latest view, or they are still there?
he sold all his tesla shares in do not touch portfolio
Finally another video! Thanks, Ken! Hope you will be in good mood, so we can have more videos to watch!
Best advice I have viewed. We need more of your videos. GOD Bless
i love your explanations Ken and i agree with all of your points. Luxury brands tend to have consistent purchases, but the middle class and upper middle class wont be buying. Another avenue to lift deliveries could be fleet sales which have been restricted. Either way i am not buying the Tesla dip this year.
I agree with the sentiment however me personally I feel like its already a low stock price to sell now. Fed can U-turn soon or high earnings can also boost price, also feel we may be near peak fear. I just have a hard time timing the market and I do not need cash right now and am also happy so for now Ima hold my positions. Thnx for sharing your view
Great to see you man! Always value and appreciate your insights.
Thanks for coming back for an update. I miss your TH-cam videos and knowledgeable outlook
The day CGS evaluated Tesla as a car company. Never thought I'd see it.
The update is much appreciated and honestly does lay down the facts. However, timing the market is less than Ideal for most people (if not all as we know) so the best course of action is to hold your current positions, unless fundamentals have changed, DCA at a lower rate (if you have the means to) while ensuring you have a healthy cash position as an emergency fund during this economic downturn. Enabling you to benefit from all situations while minimising risk. Stay blessed 🙏🏾
I understand when you have 10mil $ (or more) and retired you DONT need to hold all your money in stocks specially during recession so it’s actually smart to back out of risky market for some time. In my case I wanna make money so I can risk… thats why DCA is good strategy in MY CASE. All best for Ken ❤️
@Nikola Tesla how many shares will you keep?
Thank you for your sharing, we always need your advice 😊
Thank you for the honesty ! Great to see you again !
We all thank your bravery. Thank you, Ken.
Bravery??? Hahahahahahahah
Good to hear from you chicken 😍
Appreciate your honest outlook on Tesla Ken, thanks, thrilled you are posting again! What about your earlier advice on how its impossible to time the market? And how do you see todays stock price vs 5-10 years out?
Thanks for the video Ken, good to see you 👊🏾
Lol.. I like how James Stephenson makes a reaction video to your video and then proceeds to plug his Patreon in every video he makes.
You're one of the real ones chicken. Never change ❤
TRUE! I sold 100% at 1180… If I hadn’t sold I would be down 150k now… Thank you Chicken for being so open minded!! Be flexible & open minded is my advice too!
If you had to pay capital gains .. then it wasn't a win. Its a minimal 3x-4x from here .... just need to wait 5 years
@@pjuliano9000 Agree. For us early investors in USA, selling now means HUGE tax bill for capital gain tax.
@@pjuliano9000 I live in Belgium, for regular workers a tax hell, for investors a tax paradise… when selling stocks, you pay 0 taxes, only 0.35% “stock market tax” when buying & selling. However if it’s more speculative or frequent trading, you pay 33% tax on profits.
You would of only lost money if you sold. I wouldn't be investing short term if I was you but I am not you and you can do whatever you want. I don't like risk so I invest long term.
So what did u buy instead ?
Thanks for the update and guidance Ken 🤙
Thank you Ken, we appreciate your videos very much.
I love your advice Ken! We need your advice, its soo informative. Don't listen to those haters.
Yep i agree 💯 i have been short for a while. And we can all see that huge head and shoulder pattern forming. Just let this market bounce for the time being because we are heading a lot lower,sooner then many people think.
I checked and you are right. It is HUGE. The neckline is around 200. Where do you think is its bottom? Regards from Germany!
@@rafaela.5748 I wouldn’t be surprised if we reach 50$ per share.
Thanks for the great information. So as for a long term investors your recommendation is to keep going?
Thanks for the update
I like how you are frank and direct even though you are a long term TSLA bull. Thanks for the honesty! Appreciate it very much!
He is short TSLA so he has an incentive to make its share price go down.
We need a balanced view on Tesla the company, but his latest take on Tesla is too bearish, imo.
@@hchchc22 No he is not short anymore, he covered. He is mostly cash he said
Man there's a 100,000 major cities in the world that have 100,000 doctors, 100,000 lawyers, 100,000 dentist, 100,000 engineers.... all making $100,000 Plus. Anything that's changed for these people is their Investments, they buy what they want not what they can afford cuz they can afford whatever they want.
I cannot imagine those people buy a BYD so save a few bucks. Maybe the engineers but if you are a lawyer and show up in a Chinese car it could actually hurt your business (unless you are in China).
@@Martinit0 I don't think it matters if it's Chinese Japanese European or American more matters if it's a luxury vehicle or if they're in a more technical field the latest greatest piece of technology a Tesla
I agree with your sentiment but I say this:
A report compiled from World Atlas calculated that there were 4,416 cities in the world with a population of over 150,000.
@@danielstapler4315 512 cities with more than a million people, say 100,000 people (10%) in each one of those cities would buy a Tesla eventually 512 million cars... at 2 million a year Tesla's going to have a bit of time before they can fill that demand. Just seems completely ridiculous to think demand would be a problem when you actually put some thought into it.. 😆 even without thinking of semis or pickup trucks that would appeal to more rural areas or cheaper cars that appeal to more people it's just a ridiculous concept to even entertain imo
Thanks CG for the great overview of your thoughts - super helpful.
Hope you are well! Thank you for sharing bro... Blessings! Grady
Hi Ken. I am grateful for your advice. It has served me well in the past. Do you still have your ‘do not touch shares’ in Tesla? You may have given this info on Twitter but I do not get involved with that cesspit.
he literally tells here he’s 80% cash and doesn’t own TSLA anymore
"do not touch" is gone. only PLTR left.
Thanks Ken! I've heard other people reporting negative news around Tesla, and even though it's hard to hear, it's probably correct. I'm not skilled enough to time the market efficiently, so I'll just hold what I have and wait long term because I still think it's a great buy for the next decade.
thank you for the video bro! respect! love from Malaysia❤❤
Love watching these a few months later, you really do have a great insight. Missing the regular uploads 🙂
I agree to some degree with this. I'm not on margin and have some cash to buy if we get near your price target(I would probably go in when it gets sub-190 though). I don't want to sell my stock, perhaps I will sell some calls on a portion of it. And even though you're completely right about car purchases going to shit in a recession, there is a coming EV tax credit next year, plus I have never seen a brand like Tesla where people are willing to spend so much more than they ever have on a car just to have one.
Yes, Model Y will become eligible for the $7500 EV tax credit starting Jan. 1 2023 while Hyundai IONIQ5, Kia EV6 and Polestar 2 no longer qualify for this $7500 EV incentive.
Excellent
how about TLT position.. closed? ✌🏻🤘🏻
Duncan: you're right. Although, most sales are from China, and China is f>ckd.
Agreed on your point about willingness to spend money with Tesla like never before: personally I’ve never spent more than 15k on a vehicle before and this year spent 80k on two MS. Could have spent this before but no vehicle was compelling enough to get me to dig deep into my pocket. I’m not on my own for sure.
This didn’t age well. Tesla just set a China delivery record. 😂
look at share price 😂
@@tr4yy1 I have its about 11x higher than when I bought in.
But it's dropped 30+% since the video. Gj on the 11x
@@tr4yy1 I posted here a week ago so that 30% is already baked in. Besides I'm still 7 digits in the old E*Trade score so it can go down another 30% and it won't impact my life in the slightest.
Ken - great points and for investors that have substantial # of shares, can look into selling covered calls to hedge. Locking up profits is great but also keep in mind the tax implications.
Great to see you back Ken! Thank you for sharing..: )
This is the Ken we all know and love! A droplet of common sense in the sea of ignorance. Thank you for this video Ken!
A question though. You say that you're mostly cash now. Does that mean that you've sold your Do-Not-Touch portfolio? Is the general trend and advice for long term 5-10 years still the same (aka do-not-DCA, Hold, don't sell)?
yes sold. I personally don't think SPY will hit ATH for another 4 years.
@@ChickenGeniusSingapore Thanks for transparency Ken! So you do not agree with Chamath, that market is close to a bottom?
All good points Chicken.
In the event of production catching up with demand:
1. start producing the cyber truck, big backorders for that one.
2. same for the semi.
3. since the margins are high, perhaps reduce the price of the m3/my. The high prices was put in place in part to control backlog
4. good time to introduce the lower cost "model 2", perhaps its the city car with 150 mile range.
th-cam.com/video/WuPKlVSMhL4/w-d-xo.html
Thank you for remembering us and the update! Appreciate it!
Hi Ken! Been a long time, do you have any advice for me? I’m holding 300 tesla shares now, should I just hold all the way or sell covered calls during this period?
I have been following chicken genius since last 5 years, I love how unbiased he is and not be a perma bull all the time. This is what we need in the community to protect us retail folks. Given his track record in trading he could be telling us to keep buying all the time but he is practical and understands economics. Much Respect 🙏
We need more genuine TH-camr like chicken genius! Really happy that he is back to share his knowledge to the community.
Exactly
He has a track record of being DEAD WRONG..... Then tucking his tail between his legs and walking away when he is called out for it
@@jasonchien5359 th-cam.com/video/WuPKlVSMhL4/w-d-xo.html
I don't see more pain. I see more buying opportunities. But then, I don't plan on selling for at least a few years, probably longer.
Chicken Genius' advice here clearly is not for those who are long on TSLA. It's mainly for those doing options, or shorting the stock, both of which he seems to be heavily involved in. Hopefully he won't get burnt. Risky move in this volatile climate. Good luck to him, and happy trading!
Thank you 🙏. Will you please make a video on energy? I always learn so much from you! Thank you for your time.
Thanks Ken for the video, appreciate it
Really appreciate your videos and thoughts! You give it to us straight! Not pandering to bulls or bears. Trying to share your thought process and help people learn. So appreciate this! You're the only video I have on alert. 😅
Just DCA and hold. Over a 20+ year time horizon, you will outperform those who try to constantly trade in environments like these.
Great perspective. Thanks for your short but sweet videos.
Thanks for the sharing. Really appreciated your effort. Keep going and continue to share 😊
Love you Ken and appreciate you're input. However, I'm not selling my TSLA stock. If goed down, it goes down. I have income and can buy more. I'm not nearly smart enough to time market moves. Will just wait it out...
Everyone who's working with production in the Upper management knows how expensive it is to have a factory open in Europe atm. We are struggling and have to calculate the expenses in asap. Ken is trying to wake you guys up, because he knows many donkey are saying they are long term but gets wiped out when the short term downside goes nuts. Thanks again Ken! for the update he didn't have to address anymore but too many donkeys are provoking on twitter.. It's 🤪
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think this is the impetus for Elon's tweet to Ukraine about winding it down? personally wish he would stay out of politics and things that are just not related to his businesses, but in this case, if the energy to run GigaBerlin is why, it would be the first time something he's done in the political arena that has a logical impetus
@@work41 politics is so much related in business. We gotta keep a look out for the rules and regulation as a threat and opportunities. Deep down Ur worried of what Elon is saying because you're afraid the stock will go down and your portfolio drops. Which u really shouldn't. Ken is basically giving you an opportunity to buy in lower and have a look out for it.
@@work41 It first started about ten months ago with Elon's two month stock sale dragging down the stock. And then the Twitter debacle started, and is still dragging the stock (outside the macro). Now it's polls on the war in Ukraine. It's fucking exhausting. I wish Elon would focus on Tesla and SpaceX instead. 🙁
@@work41 This is exactly why Elon is tweeting what he is right now (in addition to the more altruistic reasons of stopping the killing and chances for nuke war). Twitter has always been something of an emo outlet for Elon...though most of his thoughts there--even the seemingly most extreme--have logical genesis or logic added later in the development of those ideas
Ken, do you keep all your tesla shares in your do not Touch Portfolio?
Good hearing from you, Ken! Much love
Chicken, I've been a fan of your content for years and a huge Tesla fan. Might be one of your best short videos ever. Keep up the great work. This type of honest, intelligent, integrity, is what I look for in a TH-camr. Despite knowing many of your viewers are tesla fans you're giving them all your honest opinion on the information we have available while everyone else is besting the drum to the beat of Tesla. Keep it up, this only gives you more credibility. Much love brother!
What happened to "Time in the market beats timing the market." Yes, Tesla stock will drop - so what? We should all panic and sell? C'mon man. This is advice for people looking to trade the stock which is totally fine, but let's just be clear about what investing means. It doesn't mean trying to make sure there is never any temporary red in our portfolios. Investing means looking out 10-15 years and asking yourself if a stock will be worth more at that point than it is now - everything that happens in between is noise and will only cause you more pain if you act on short term noise, both because of the tax implications of selling and also because trying to get back in at lower numbers in about as certain as flipping a coin. I love you man and I will always appreciate your videos. Stay safe and healthy.
Good luck
“One of the worst economic conditions ever” sounds like a good time to invest eh
@@REPMASTER ... I assume you are very young, because we are not even close to being in "one of the worst economic conditions ever". In two years from now you'll be looking back at this little hick-up and just laugh. Relax and carry on.
@@REPMASTER Apple stock was at $6.80 per share (split adjusted) in 2008 and then lost 60% of its value in the great recession and got down to $2.94 in 2009. Apple stock is at $146 today with a 2,000% return from those 2008 highs. Man should have sold to protect from that 60% loss in 2009 right and timed the market right? I've been in the markets since 2009, so I have been doing this awhile - markets go up and markets go down, but those who make a lot of money as INVESTORS don't panic. If you are a trader, then sure sell all your stocks and wait on the sideline for the next big move.
He's a bull now. He got upset elon didnt include him in one of their conferences because of his horrible annoying accent; studies shown his voice Elon a migrane.
Love your videos. Thank you for the Tesla warning a few weeks ago. Would love for you to do an update video on Tesla.
Where do you see it going from where it is presently? Do you feel the same?
Hay Ken, so bloody awesome to catch you again. I agree you seem to be early with your calls, but never the less bang on prudent - the ' Barometer Guy" . I wonder if at any time you could shed light on inflation effecting the stock levels, that is - despite the gloomy outlook we are not experiencing a rapped assent in prices, is it possible when the good times return we will see even higher all time highs on account that so much printed money is in circulation?
I was really wondering yesterday: "man, it's been a while since CG has posted a video, it sure would be nice to see a video after his latest tweet, I feel like I need more context on top of the 140 characters".. and here we are!! 😁 I've always been a fan, Ken.
Edit: question after seeing video, is the do not touch portfolio gone? You converted it to cash? Funny how most of my previous thoughts about Tesla and the market seem to echo in your videos, about demand. But what about US demand after the Inflation Reduction Act that goes into effect in 2023?
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yes do not touch is gone. I still own pltr there
@@ChickenGeniusSingapore So u own PLTR over TSLA damn
@@samdegreef4549 cos PLTR is losing so cannot sell.
@@ChickenGeniusSingapore oh wow! What happened to "Even God couldnt beat DCA", "Time in the market over timing the market" and your video on how many Tesla Shares one could own to retire etc? Chicken, your conviction sways from one extreme to another when fundamental of Tesla has not changed. Regardless of your outlook on Tesla, I dont think I am keen to listen or glean from you anymore.
@@aly5130 Completely agree with you. He is short TSLA now so he has an incentive to drive its share price down. Someone who doesn't practice what he preaches is a hypocrite.
Good to see you staying strong. We do need more people to give critical view in the Tesla invest community, keeps us grounded and ready when shit hits the fan.
Always like and been subscribed for quite a while. Love you, bro! You are just the special sauce I need in my investing recipe. I hope the best for you and your loved ones!
Thanks Ken! Appreciate the insight
If Tesla goes down to $220 I will top off.
But I don't expect it to go so low, even as you say, the macros are terrible all over the world.
Two things:
The FED will soon pause their interest hikes, to wait for the effect of them, they will say. And everyone will talk about pivot!
The production of Tesla cars is still below demand, and there are a lot of too rich people.
The problem with Tesla is when the stock price increases and you don't have them. Especially if you sold them, expecting to buy them back cheaper, but they are now at an even higher price.
love your thought process, exactly the same path i am on, I will buy on sale and only sell some at 220 prices to release profits to plough back in.
I have a big order at $220. However, I've got time to change my feelings as the market swings. Crazy times.
have you topped off yet? Or have you gone belly up?
@@jerryking6021 maybe tesla goes 180
Ken is the only one that will say it as it is. Thank you for your quality content as always
Soo soo happy you are back CG!!
Qq- btc still good investment long term?
Such honest views is what makes your videos so valuable. Price target info is a gem. Cant thank you enough!!!