Boiler Room: The Official Stock Market Discussion

Slim

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The Cybertruck just hasn't been a boon for Tesla -- yet.

Over the weekend, Tesla informed some soon-to-be Cybertruck owners about delivery delays because of production issues. Revelations about the delays have appeared in online forums and on Elon Musk's social media platform X.

Tesla didn't immediately respond to a request for comment about production.

It's the latest setback for the truck which took a long time to develop, is difficult to build, and is expensive.

Things just haven't gone as smoothly for Tesla's newest product as Tesla investors would have liked. After racking up hundreds of thousands of preorders in the months following a 2019 unveiling, Tesla only started delivering the truck in late 2023. What's more, the first versions delivered were the $100,000-plus Cyberbeast versions with three motors putting out more than 800 horsepower. Cool, but priced beyond the reach of most truck buyers.

TSLA is down 33% YTD and Deutsche just lowered their target price today to $120.

They're down another 3% this morning. Getting spooky out there.
 
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They should still be a good investment based off of their battery technology alone, right?

The issue is there's just better things and ways to invest in your money than banking on Elon now.... :manny:

But if someone were to tell me they can bounce from this $150 range off some positive news, yes of course that could happen..
 

chineebai

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Lots of bearish charts, aapl, Msft, smh, spy, qqq, tsla,

Opex tomorrow . The monthly Vix chart dating back to 2020 is spooky. Consolidating since , what event will make it break out the flag. ? Geopolitical most likely.
 

Slim

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I continue to buy all mag 7 stocks including Tesla.

The other mag stocks have fortress balance sheets, growing FCF and/or margins, and near monopolistic pricing power.

They have the fundamentals that Tesla still doesn't...that's not to say Tesla can't but they're not giving me any reason to believe in them.
 

Rickdogg44

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Lots of bearish charts, aapl, Msft, smh, spy, qqq, tsla,

Opex tomorrow . The monthly Vix chart dating back to 2020 is spooky. Consolidating since , what event will make it break out the flag. ? Geopolitical most likely.
mgid:arc:imageassetref:bet.com:2e66ad5d-48c9-11e7-a442-0e40cf2fc285
 
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