@stevenmarkryan USA - Fidelity
Just voted (11,800 Shares)--in line with the Board's recommendations.
🤑👉CRITICAL NOTE: #7 is the xAI investment proposal! BE SURE TO VOTE YES TO #7!👈🤑
Morgan Stanley's thoughts on Tesla's investor day: "Tesla's audacious efforts on vertical integration are about to pay off. EVs are far too expensive today. Tesla gave a number of drivers for a 50% cost reduction for its next-gen platform. In a race to the bottom, we seriously question how the competition can keep up."
Adam Jonas also said that people shouldn't be disappointed that the next-gen vehicle wasn't unveiled: "From our experience, auto companies don't typically unveil far cheaper and potential better engineered products far in advance of SOP. Imagine you just placed an order for a $50k Model Y and Tesla tells you there will be a slightly smaller version for ½ the price with enhanced capabilities available soon… From a commercial standpoint, maybe not the best strategy."
@AndreaSisti8@hikingskiing Yes, it fell a lot, but your math is quite a bit off. Based on yesterday's close ($144.43) and the All-Time High of $409.97 ... it would "only" need to go up by 184%.
And yes, I'm using "only" in the same way that the TSLA-hating media says they "only" grew deliveries by 41%.
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