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I'm pulled out of Tesla because of all the competition that
Posted on: May 24, 2022 at 14:24:55 CT
tgr MU
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is coming on board. Luckily that sale coincided with all the TWTR and Musk craziness so I timed it very well.
TSLA is still overpriced now that all these other automakers are catching up to the technology. They had a huge lead for years but anymore that lead is almost non-existent. Every single model they sell has strong competition from multiple different automakers.
But I will say that I'm considering getting back in soon if it keeps free-falling because there has to be some value in TSLA when gas is hitting $5 a gallon.
TSLA is still overpriced now that all these other automakers are catching up to the technology. They had a huge lead for years but anymore that lead is almost non-existent. Every single model they sell has strong competition from multiple different automakers.
But I will say that I'm considering getting back in soon if it keeps free-falling because there has to be some value in TSLA when gas is hitting $5 a gallon.
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I'm pulled out of Tesla because of all the competition that - tgr MU - 5/24 14:24:55