Thread regarding Tesla (TSLA)

I should've sold at $498. Selling now.

Musk says Tesla is now an AI and robotics company. Sure. The same guy who promised 250,000 Cybertrucks sold 20,000. European sales are collapsing. Annual deliveries dropped for the first time ever. But hey, robotaxis and humanoid robots are right around the corner. Stock's down 10% this year, trading at $417. JPMorgan sees this going to $145. At a P/E of 375, the downside is enormous. I'm done.

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