InvestAnswers Summary (December 10-11, 2023) (Patreon)

InvestAnswers Summary (December 10-11, 2023)

Thanks Josh 

Tesla:

• Cybertruck Pricing: The AWD Cybertruck offers exceedingly compelling value at $67,490 after factoring in federal and state incentives. This is the price in Colorado.  I hope folks on CO are on the wait list.  PS Ford Ford Motor to cut planned production of its all-electric F-150 Lightning pickup roughly in half next year, marking a major reversal after the automaker significantly increased plant capacity for the electric vehicle in 2023. CT is not even out yet! 
• Cybertruck Deliveries: High-profile individuals like Reddit's founder and Serena Williams have been seen driving the Cybertruck, generating interest.
• Elon Musk: Musk remains resolute against corporate and government attempts to control information, reaffirming his commitment to free speech on X. Truth is trending thank goodness
• Market Share: IA shares Tesla's November market share figures, reaching 37% in Iceland.
• 

Cleanspark:

• IA's Perspective: IA sees significant potential in Cleanspark, recommending a buy if it dips below $8, with potential upside to $12 or even $20.

Solana Ecosystem:

• $RAY Resilience: Despite the recent crypto pullback, RAY demonstrates remarkable resilience in terms of relative strength, hinting at bullish future prospects.

Market Observations:

• Mike Wilson's Market Outlook: IA highlights inconsistencies in Mike Wilson's stock market predictions since November 2022 have been absolutely wrong.  He used to be a smart fellow. 
• Market Trends: Oracle, Adobe, and Semiconductors exhibit positive momentum in an otherwise down day.
• Crypto Bull Run: The early crypto bull run has transitioned into a full-blown bull market.

Notable Market Moves:

• Crypto: BTC (-2.3%), INJ (+11.5%)
• Stocks: TSLA (-1.7%), MSTR (-6.7%), CLSK (-13.4%), SE (-5.1%), BITF (-11.2%)