IA Daily Digest 17-19 Feb, 2024 (Patreon)
Content
Summary of InvestAnswer's Posts
Date: 17 February 2023 - 18 February 2024 📈 Thanks Josh
Tesla Price Target:
In a recent Cyber Bulls episode, IA set a bold $521 price target for TSLA by 2025, surprising many. However, considering Wall Street's forward-looking nature and Tesla's dominance in megapacks, cars, and FSD without any significant competition, this target seems attainable.
If Wall St starts to understand, 521 may be too conservative
Cybertrucks:
Tesla continues to scale up Cybertruck production. Now running at 140 a day
FSD:
IA emphasizes the safety of FSD, highlighting its life-saving capabilities over five years. He firmly believes in its necessity for any vehicle he drives.
CLSK:
CLSK maintains its lead among all miners and anticipates the lowest post-halving BTC mining costs.
IREN:
CLSK has outperformed IREN by 230% over the past year - IA is trying to figure out why the $IREN army does not understand why IA likes CLSK - he says it is due to his models.
ETF Shuffle:
Recent BTC price movements suggest ETFs sell at $52k and repurchase at lower prices. Notably, on 2/17, BTC dipped $1500 and quickly rebounded.
AI:
IA diversifies his portfolio with investments in AI through TSLA, RENDR, NOS, and NVDA. He believes in the IA Revolution.
JUP:
JUP shows signs of upward momentum, consolidating around 48 cents. When it bottoms IA will go in.
Halving:
IA notes that investors have yet to fully grasp the impact of the BTC halving.
Render:
Render continues its strong performance. AI Narrative for the win!
Equities BABA:
IA holds a small position in BABA through a synthetic long, citing a belief that China's market has potentially reached a bottom amid recent challenges. IA is up on the $BABA trade. IA community thought he was nuts.
IA is not the only one that sees Chinese Tech Stocks in the bargain bin.
FSD:
Tesla has begun rolling out Full Self-Driving (Beta) V12.2.1 to select employees and specialized groups. Feedback so far is this is a step change. Edge cases are dealt with handily.
Global Deliveries:
IA provides an overview of global delivery figures, comparing Ford, GM, and Tesla.