RE:Tesla up 11% todayDonwaan...
As I have said many times, I don't own TSLA stock and have no immediate plans to do so. The SP is priced for pefection as so any bad news crushes the SP (witness the recent plunge from the low 20s to the low/mid teens). Conversely, any hype by Musk gets the fans excited and they run the price back up on basically no real developments (see the last few days). These fluctuations really say nothing in terms of EVs.
As for FSD..
1...there is long way to go to here and especially in Europe
2....if anyone here has driven in European cities with narrow streets etc, they will know that FSD will be a challenge
3...in Spain where I often vacation, I drive on narrow windy roads where in order to drive faster (ie the speed limit) and avoid passengers getting sick from veering around tight corners and keeping locals from running you off the road, it is necessary to break the rules and use the whole road to navigate - not just your lane....FSD won't handle this. The last time I was there, the car I rented had features like lane warnings etc. I turned them on to see what would happen. It beeped continuously as I navigated the narrow winding roads. The same holds true for Italy and Greece to name a couple of countries. Heck, in Italy I was going down a road through a place where there were a few houses and even the cat that was crossing the road looked both ways before crossing...lol. FSD?...Nope
For me as a pragmatic investor, I look at Government legislation and its implications and invest knowing that Governments generally screw up and invest in companies which have or are developing solutions to the inevitable problems. So unless there is a massive sea change in Government legislation World-wide regarding EVs, there will be more EVs despite all the problems associated with them. I will leave the speculation on companies like TSLA to those who enjoy the adrenalin rush of volatility.