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Hey team, 

quick update here regarding Tesla in full disclosure IADSS did flash a Sell Signal and just wanted to let you know we could see a little bit of weakness on the horizon. However, I do believe Q2 earnings will be positive and I'm not willing to hedge at this stage against in the season. I still believe it's a $350-$400 stock in the next 10 months or less. I HAVE NEVER BEEN MORE BULLISH!!!! 

I was tempted to play PTOS w TSLQ as a hedge but did not have time with all that I have going on.  


As a side note weakness today was triggered by an "AUTO ANALYST" who has the shittiest track record alive.  When he sells buy you sell, when he says sell you buy and when he says hold, well hold I guess. 

Jim Farley CEO of Ford illustrated his "deep knowledge of the competition" by displaying his utter ignorance. The Tesla cyber truck has the most incredible set of utility that it will blow every other utility truck out of the water. Jim hasn't taken five minutes to research the competition. He will not know what hit him.  

Here are some base items to begin with

  • Towing capacity: The Cybertruck has a maximum towing capacity of 14,000 pounds, while the F-150's maximum towing capacity is 13,200 pounds.
  • Payload capacity: The Cybertruck has a maximum payload capacity of 3,500 pounds, while the F-150's maximum payload capacity is 3,300 pounds.
  • Range: The Cybertruck has a range of up to 500 miles, while the F-150's range is up to 300 miles.
  • Autopilot: The Cybertruck comes standard with Autopilot, which allows the truck to drive itself on highways. The F-150 does not come standard with Autopilot, but it can be added as an option.
  • Cybertruck's exoskeleton: Cybertruck's exoskeleton is made of ultra-hard 30X cold-rolled stainless steel. It is incredibly strong and durable.
  • Power, Hydraulics, 4 wheel steering... well you get the idea

This will go down in History as a BALLMER MOMENT

Model Y & Model 3 have been named the #1 & #2 “most American-made” vehicles in the US by http://Cars.com 2023 rankings. This includes EVs & ICE cars. Tesla dominated the top 4 spots for the first time. No GM or Ford vehicles were in the top 10. 


#TeslAI as I call it - first one to tag it - has now opened up an official Tesla AI Twitter page.  Awesome. 


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Comments

Anonymous

Thanks, James, This is very encouraging. I have been following you and listening to a lot. My average entry is about 180, and its a long term keeper. Wish I listened more and grabbed more at the lows. But I will also follow, if there will be any faster horses at any point :)

Anonymous

You called it all James, from Tesla run to Tesla AI and success of Cybertruck. An honour to be a Patreon. Thank you Like you, I won't sell (to buy back cheaper) as just too risky for that pump

Anonymous

180 is my average too! Started around 115 but bought more later.

Anonymous

Thanks James. Can you please give your view on the various Tesla long and short ETFs. Why TSLQ and not TSLS for example?

Anonymous

I'm a Tesla owner and stock holder. I still think Cybertruck is Hummer 2.0 and won't be liked or purchased by the average person.

Anonymous

Wow James. Thanks for this. Looking forward to that 232 pullback or lower to restock👍🏿

Anonymous

Thanks James

Anonymous

Will be interested to see real world testing on the truck. The f150 lightning claimed 17k+ towing capabilities, but really hit about 7k and reduced its range to 25%. A large majority of people using these trucks need the towing capability and need to go places without chargers and back again with the trailer attached. Guess we will know the real deal around the end if the year.

Anonymous

Thanks for your courage James. It's the many posts like these that make your Patreon invaluable.

Anonymous

This is good so I can buy the dip

Anonymous

I wanted to get a loan to invest as I have no powder currently. Missed the boat at under $200 now I'm 😱. Do you think it's still worth doing on this dip trying to get in around 250?

Anonymous

A lot of people will probably buy it just because it’s cool… one of a kind. They couldn’t care less about the towing capabilities 😅

Anonymous

This depends on a few factors: interest on the loan. How much is the repayment each month compared to your outgoings. Also is there a fee to repay the loan early (is the loan front loaded?)

Anonymous

Sure. That will be a percentage. But that isn't the reason most people use/buy trucks

Anonymous

Too risky, unless you are expecting a guaranteed windfall in the future where you can guarantee to pay off the loan.

Anonymous

Thank you James! I reduced my other holdings to ride this TELSA TRAIN! Apparently, Elon making trains now...we're riding it! :-D

Anonymous

Exactly, it might be quality, but it's heinous. Some will love it, many probably won't.

Anonymous

I currently have AltoIRA, which I wonder if it's a similar situation as iTrust. Any thoughts?