Ok-Challenge9324 OP t1_j2cb0em wrote on December 31, 2022 at 4:38 AM

Reply to comment by MyNi_NotYourNi in Cathie Wood of $ARKK bought 221,748 shares of Tesla, $TSLA, today, so did I. (10 shares) Also your predictions for 2023. by Ok-Challenge9324

So what you're saying is, the recession is over. (Cramer said we haven't hit bottom 4-5 days back) Or you're saying buy more medical supplies, stable food and ammo?

MyNi_NotYourNi t1_j2cbryo wrote on December 31, 2022 at 4:45 AM

Narrator: It's over for Tesla. Not the pain, but it's future.

Ok-Challenge9324 OP t1_j2cdmkt wrote on December 31, 2022 at 5:01 AM

Pls enlighten me. Why is TSLA a dead man walking?

MyNi_NotYourNi t1_j2cem49 wrote on December 31, 2022 at 5:10 AM

Narrator: Die, it won't. Right-size though, it shall. Akin to Cisco from the post-dotcom days.

Ok-Challenge9324 OP t1_j2cfmqd wrote on December 31, 2022 at 5:20 AM

Tesla is still growing it's market share and expanding further, having a solid edge on every legacy manufacturer. It's margin (efficient production), innovation (full self driving beta, cybertruck) and overall growth far outpace legacy companies. (from which only toyota and another one I forgot is actually profitabel, all the others are living of government subsedies)