Tesla buying opportunities

Updated

I think tesla is a good investment, but at these marked levels, not at its stupidly high valuation, it isn't an online retailer, which can sustain stupidly high valuations for a long period of time because of inflated public perception, Tesla is getting some serious competition right now and will suffer during the next market correction.

The time frame is up to 3-4 years for these buys, but if the sky falls in we will all be taken off guard together and also will own Tesla shares sooner.

I'm about 50% on this idea, and if these levels never get hit, I will not buy Tesla shares directly within 4 years.

Note

Elon Musk announced a possible share split, pending the results of the vote, this idea will have to be totally recreated. TSLA is still too high to be conisidered a buy, I will make a new idea when I believe it is a good investment, this might take up to 36 months. this thread is closed now.

Note

Oh wow, it's actually heading to buyzone 1 before the stock split, thanks Twitter.

Note

this is probably gonna be a good buy zone around this area, however, this area goes all the way down to $60 so that's still 50% lower than today's price, safer bet is probably index funds for now, but yolo, some people like risk, not me, but didn't Matt Damon say that fortune favours the brave when Bitcoin was still worth $65000.

Note

just a follow up post, this is the zone marked buyzone 1, because it is still 70% cheaper than TSLA was, and it is the price I told people to at least wait for because they were so desperate to get on this overvalued company at the time.

cycler

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.