TESLA - AT THE END OF A CONE. The meaningfulness, all the Fear Uncertainty and Distrust (FUD) comes at the very end of a bear raid, and the Machine is full on spreading FUD. Meanwhile Elon in Germany, likely will get the license to produce 1 Million cars in Berlin, that means another $37 Billion in Revenue.
Then all the rest if going swell, Cars are being made as a super fast pace, The Power Pack has orders for the next 3 years. and that division acquired a Chinese factory and equipment recently from CatL and is likely finished building the new factory in Shanghai for Power Packs - so that will bring in another $40 additional Billions. And lastly the Cyber Truck production is ramping up, and that revenue has never been included in prior calculations.
So all in all and as I see this massive cone, it is easy to project a bounce back to the mean.
When we get there, the good news will be out, and then we get support for further liftoff.
So far Tesla remains the most crowded trade with shorts of all sizes playing cowboy with Tesla.
