Here’s My TakeBefore getting on with my post I think over the long run TSLA has the potential to be a dominant car manufacturer.
The problems as I see them is as follows:
1.....based on valuation compared to other car companies, TSLA has high valuation and so it is currently priced to perfection and so any bad news will have a big negative impact icon the SP
2....in terms of technology, the competition has caught up to TSLA and are selling their cars at a significant discount to the price of a TSLA. The major hurdle for the competition is manufacturing capacity and so anyone wanting an EV in the near future has little choice but to buy a TSLA
3....the big technological advantage that TSLA has is FSD. IMO in practical terms this is still a few years away but more importantly, even if TSLA fully solves this riddle quickly, Musk has upset the Dems/Biden with the TWTR data dumps that the US will slow walk any regulatory approval. In fact the Biden DOJ has already signalled a lawsuit against TSLA regarding FSD claims by Musk/TSLA
Biottom Line?
TSLA is a great company but there are serious questions about how the company can maintain its current premium valuation and IMO, unless you are a very long term holder there is a serious question about holding the stock compared to putting your money elsewhere.