Tesla .. Missing the mark yet again

Time will tell how effective they are in the marketplace as a force for electrification. I'm not buying into it for at least 5 years. If the Model 3 gets ironed out and becomes a good car- maybe. If the battery packs and tile system becomes cheaper and better- probably.

Wall Street is using TSLA as a momentum stock - not unlike NFLX. Hyped up on a future potential that they never have to realize since the narrative continually pushes the 'future' out as TSLA loses money every quarter (Semi coming, Model Y coming, new plants coming, maybe a pickup truck, tunnels, Mars????).

F and GM sales show that nobody wants cars - they want and buy trucks and CUVs/SUVs - yet add in the inconveniences of all-electric and they're lined up around the block for a model 3 (but won't be caught dead in a Chevy Bolt)?

Wall street has been selling off F and GM, downgrading them through the last 3 years of record sales and profits while pumping up TSLA based on fantasy. We witnessed the same narrative in 2016 with an AAPL quarterly 'miss' (oh my gosh, the iPhone is dead, AAPL is doomed, they're a 1 trick pony) driving the stock down from $130 to $90, now it's back up to $155.

This is an orchestrated manipulation and a dream come true for Wallstreet as they have managed to disassociate valuation from fundamentals when it's convenient and the reason why many avoid the market as the inner circle laughs all the way to the bank.

Remember the most fundamental rule of buying stocks. Buy low sell high. Tesla is a monster balloon ready to pop. Get Ford stock cheap now. They arent going anywhere, but Tesla is.