Porktown
After Denholm’s share dump, you have gonads of steel! There will definitely be a rebound of some sorts. But it has been the most overpriced company in the world for a long time (comparing cost/profit in the sector). It’s all about growth, but alienated his base consumer. Unless MAGA somehow embraces leaving big oil??
I'm sure you've heard this before. "Tesla is not just a car company". There's also Robotics, AI, energy storage, software, etc.
256/share was my buy target (gap fill) and may still drop to that. But the big money might beat out and accumulate shares before it gets to 256 knowing that everyone is looking at that 256 number. That's why I started a small position at 262. If it breaks well below 256, then I fight the patience vs bail impulse.
A great Warren Buffet quote “The stock market is a device to transfer money from the 'impatient' to the 'patient'”.
But his golden rule is "Never lose money".