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TESLA 310 can push to 360 then it can go back to 280 again before another bull flag

310 middle price touched Tesla. Wait for double bottom to go up

was put time. Is it will down more

Tesla ison burgain price

www.nasdaq.com

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TESLA shines with its direct to consumer model and its own insurance product for Tesla owners. Buying a car in the U.S. from your typical dealership is a dreadful experience which makes the Tesla sale process attractive to consumers.

What The Bears Have Wrong about Tesla stock

One of the bear cases for Tesla is all the competition that is slated to come online. Although this is certainly true, Tesla has a significant lead and is producing vehicles at dramatically higher margins than its competitors. In the last quarterly earnings conference call, Elon made the following important point (emphasis added):

Yeah. And it goes back to the point, I was making. I said, it several years ago, I think Tesla's really the competitive strength that will be, by far, the hardest for other companies to replicate is Tesla being just damn good at manufacturing and having the most advanced manufacturing technology in the world. And if you've got that sort of advanced manufacturing toolbox, you can apply it to many things and we're applying it now to battery cells.

True Vine Letter readers are also aware that significant amounts of new battery grade lithium capacity are not going to come easily. Moreover, Tesla has developed its own lithium-ion battery cell as its latest 10-K report mentions:

We maintain extensive testing and R&D capabilities for battery cells, packs and systems, and have built an expansive body of knowledge on lithium-ion cell chemistry types and performance characteristics. In order to enable a greater supply of cells for our products with higher energy density at lower costs, we have developed a new proprietary lithium-ion battery cell and improved manufacturing processes.

If Tesla can apply its manufacturing expertise to battery cell production, then this could provide a further cost advantage.

With the advent of Tesla, we are witnessing creative destruction in the automobile industry, at least when it comes to electric vehicles.

Tesla's entrepreneurial culture and tendency toward innovation is critical because it remains to be seen how well EVs can really compete with internal combustion engine ("ICE") or hybrid vehicles when it comes to mass market adoption. If anyone can make this happen it will be Tesla.

Tesla $tsla is big win
In coming year's. Here is why-

Tesla: No Range Anxiety At $125

Tesla, Inc.'s innovation potential is high, given its entrepreneurial culture.
Tesla's higher margins relative to EV peers confirm its innovation edge.
Tesla is adept at transforming new technologies into the mass production of real products that people want and will pay up for.
Tesla Service Center. Tesla designs and manufactures the Model S electric sedan IV
jetcityimage

Note: the following True Vine Letter is an excerpt of a Letter originally published for Premium subscribers on February 20, 2023.

Entrepreneurial Approach

Over the holidays, I read The Founders: The Story Of PayPal And The Entrepreneurs Who Shaped Silicon Valley by Jimmy Soni. The subtitle reveals the plot. The main characters include Elon Musk and Peter Thiel. Musk's x.com merged with PayPal (formerly Confinity) in March 2000 to forge what evolved into the PayPal Holdings, Inc. (PYPL) we know today. Thiel was the CEO of PayPal when the two companies merged.

The author interviewed Musk for the book, and its pages provide insight into his character, motivations, business acumen, and entrepreneurial approach. Here are my key takeaways:

He is not driven by money.

He is an extremely hard worker often found in the trenches which garners the respect of many of his employees.

He models himself as a "producer" who builds things and not really an executive or manager.

He is a visionary leader.

Old mindsets and regimes are often obstacles to his creative and revolutionary ways of doing things.

He understands the valuable learning that comes from errors and embraces this. This leads to an environment of creative freedom for employees as opposed to an environment of restrictive fear.

Although I believe Musk is misguided from a worldview perspective, I can relate to him in some ways. Reading about his entrepreneurial approach has inspired my own business career. I would readily invest in a company that he is leading at the right price because I believe the innovation potential is very high.

In recent days, I put together a financial model for Tesla, Inc. (NASDAQ:TSLA). If I would have built this earlier, I would have been a ready buyer during the recent selloff when the stock almost reached $100 per share. Here is the monthly chart:

5 Jobs AI won't replace:

1. Sales
2. Branding
3. Copywriting
4. Content Creation
5. Entrepreneurship

Learn one of these five skills, and go all in.

1. Double Top

Double Top is when the stock rejects the same level twice and then breaks below the neckline. You buy puts on the support break and stop out if it goes over the price it rejected at the top.

Before I start, here are some of the patterns I will be going over 👇

1.Double Top
2.Double Bottom
3.S/R Level
4.Demand Zone
5. Supply Zone
6.Bearish Flag
7. Support Level
8.Resistance Level
9.Bullish Flag
10.Higher Lows

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