If you following Cathie Wood yes by all means

in additional to last week's buy ins.

Wait till it drops to below 700 her funds soon will buy in more

Only you yourself can answer this question.

Because people who ask this question actually mean, "If I enter now can make money tomorrow ah?"

This post has been edited by kelvinlym: Feb 23 2021, 12:52 PM

https://www.bloomberg.com/opinion/articles/...t-match-reality

Lucid’s pitch to investors is much better developed than those of most EV startups. It is run by Peter Rawlinson, the engineer behind Tesla’s Model S. Its first vehicle boasts better battery efficiency than peers, including Tesla, and is already in preproduction, when car makers work with suppliers to iron out fit and finish problems. Deliveries start later this year. If anyone has a shot at breaking into the EV market it is Lucid.

https://www.wsj.com/articles/nothing-lucid-...tup-11614174243

Any idea on whose gonna be the battery supplier?

Don't just believe the pitch. Always dig deeper.

Their first product is the luxury market. Look at the TAM and make your decision. That valuation puts them currently in the top 10 among automakers. Find out if they have a plan in place for sales growth in the next 5-10 years. Also find out if their technology is proprietary or not and decide if they have any technological or innovative moat.

Remember, Tesla used to also start in the luxury sedan market but they have a clear plan on going mass market.

Bros,.... the thing that has changed in the last two week is : Tesla is also 'a Bitcoin company' today. Hence, the valuation methodology has to chg now.

They're not using Bitcoin as a source of profit.

It is less than 10% of their cash and less than 0.2% of their valuation.

In what way is Tesla a Bitcoin company? Can you show your valuation methodology?

Normal for new startup to start at luxury segment and move to mass market later for volume.

If you're talking abt valuation for Tesla, then I'm sure you would have read everywhere,... talking abt valuation for Tesla is NOT the right way to go abt this, at least not by using any textbook valuation. No one would buy Tesla if everybody sticks solely to this word in the traditional way as the investment thesis for #TSLA.

Tesla bought 1.5bil worth of Bitcoins,... this pushed it up among the giant companies which are participating in cryptocurrencies. And then Musk himself personally bought Dogecoins, which further reinforced this participation.

Let me share one more thing : Mastercard subsequently 'participated' after Tesla did,... AND Microstrategy participated further by buying more. I kept using the word 'participating' and 'participated',... and participation makes them 'Bitcoin companies' - in apostrophies. This particiption and trust in the value and the future of cryptocurrencies IS THE NEW VALUATION.

Since you jolted my mind, for which I thank you for,... when Tesla 'participated', they also declared they may accept payments in Bitcoins in the near future. This, I'm sure you would agree, adds to the future valuation too.

It seems BTC ecosystem electricity consumption is equivalent to about 10% of Japan electricity consumption, is very costly.

Yeah bro,... a few miners sto;e electricity in JB to do mining,...

seems like the bottom has taken place for Tesla? lets see next week

Still support on levels on the downside lets see whether Cathie will still buy more when it’s hits 620

Catch my conversation with kelvinlym where we talk about Tesla and the broad market situation!

YouTube video link:


This post has been edited by Ziet Inv: Mar 5 2021, 07:07 PM

Maybe next time you can also give a short list of what you talked about in your video. Just a tip to attract more viewers.

Will do that! Thank you for the suggestion!

Educating